R/€ = 19.33 Change: 0.00
R/$ = 16.32 Change: -0.17
Au 1950.30 $/oz Change: -3.63
Pt 929.50 $/oz Change: -12.28

Martin Creamer

Martin Creamer

Martin Creamer is Creamer Media Publishing Editor of Engineering News and Mining Weekly.

Tel: +2711 622 3744


Harmony Gold’s free operating cash soars

15th September 2020 Gold mining company Harmony Gold on Tuesday reported 106% increase in operating free cash flows on a 25% improvement in the rand gold price to R735 569/kg in financial year 2020, resulting in a 9% increase in revenue to R29.25-billion.  In the year to June 30, the company, headed by CEO Peter... 

Platinum’s new sweeter spot elicits multiplicity of optimistic analyst views

14th September 2020 The new sweeter spot that platinum group metals has entered drew a multiplicity of mainly optimistic viewpoints from analysts attending the virtual PGM Industry Day. Chaired by business development manager Rand Merchant Bank Henk de Hoop, the viewpoints were provided by Standard Chartered Bank... 

Platinum group metals patenting their way into battery EV space

14th September 2020 Platinum Group Metals CEO R Michael Jones does not let grass grow under his feet. His parting shot to moderator Bernard Swanepoel at the virtual 2020 PGMs Industry Day last Wednesday was that platinum was on its way into battery electric vehicles as a battery metal. “If you're a great EV... 

Hydrogen, platinum fund sets up shop in South Africa with dollars to invest

11th September 2020 London-headquartered AP Ventures, an independent venture capital fund focussed on investing in early-stage companies that use or enable the use of platinum group metals (PGMs), has established a presence in South Africa. AP Ventures founding partner Kevin Eggers told this week’s virtual 2020 PGMs... 

On-The-Air (11/09/2020)

11th September 2020 Minerals Council South Africa is working with the government to treble the size of our platinum industry; Research has now found a new place for platinum in electric vehicles; Royal Bafokeng Platinum this week urged the government to make the hydrogen economy a top priority. 

Anglo American Platinum to transfer R2bn value to communities

11th September 2020 Platinum group metals mining and marketing company Anglo American Platinum on Tuesday announced shared value worth R2-billion for host and labour-sending communities one year early as a result of recent strong share price performance. The settlement will result in R2-billion of value transferring... 

Sibanye prides itself in having the ‘rock star’ metals of the moment

11th September 2020 Precious metals company Sibanye-Stillwater on Thursday highlighted its exposure to what are being referenced across mining jurisdictions as the ‘rock star’ commodities of the moment, in a Covid-19 and climate-struck world. After presenting 718%-higher half-year earnings and announcing the... 

Master Drilling aligning with opencast mines going underground in changing world

11th September 2020 South Africa-based drilling company Master Drilling, which is active in 23 countries, is aligning itself with the transitioning global requirement of opencast mines going underground. “As the world is changing, so are the mines,” said Master Drilling technology director Koos Jordaan at the... 

South Africa Inc is duty-bound to be constructive on all fronts

11th September 2020 The world hates nitrous oxide smog and rhodium can take it away. But there’s not enough rhodium to meet galloping demand and the upshot is that the rhodium price has rocketed out of sight. South Africa hosts 90% of the planet’s rhodium and mining more upper group two reef will also mean more... 

Watch out lithium, platinum's eyeing your battery space, says PTM

10th September 2020 Electric vehicles (EVs) are synonymous with lithium and fuel cell electric vehicles (FCEV) are synonymous with platinum group metals (PGMs), but will the twain meet? They certainly will if Toronto- and New York-listed Platinum Group Metals (PTM) CEO R Michael Jones has anything to do with it.... 


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