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Martin Creamer

Martin Creamer

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

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Menar’s R250m cash-funded solar-served East Manganese project is under way

7th August 2020 Initial project activities are under way at the R250-million cash-funded East Manganese project in Hotazel, Northern Cape, where the hot sun will be harvested to provide solar power to the mine’s infrastructure. The development forms part of the company’s strategy of building a manganese... 

Fatality-free Amplats delivers higher earnings, declares dividend

7th August 2020 Platinum group metals (PGM) mining and marketing company Anglo American Platinum (Amplats) on Monday reported a robust set of financial results and a strong safety performance, illustrating the resilience of the business despite significant headwinds. The JSE-listed company delivered 6%-higher... 

Kumba doing right thing to explore in our wonderfully endowed Northern Cape

7th August 2020 Hats off to Anglo American group company Kumba Iron Ore, led by CEO Themba Mkhwanazi, for doing such exciting mining exploration in our wonderfully prospective Northern Cape. South Africa needs so much more of this kind of exploration, as this month’s document by the economic transformation... 

Coal will continue to be assessed but should remain in Glencore right now – Glasenberg

6th August 2020 Coal will continue to be assessed but should remain in Glencore right now, Glencore CEO Ivan Glasenberg said on Thursday. For the six months to June 30, the London- and Johanneburg-listed diversified mining and marketing company report that its energy business was down 65% at $0.7-billion on... 

Glencore holds back on dividend, accelerates net debt reduction

6th August 2020 Notwithstanding its cash-generative business and secure liquidity positions, the board of Glencore has concluded that it would be inappropriate to make a distribution to shareholders in 2020, Glencore CEO Ivan Glasenberg said on Thursday. Instead the London- and Johannesburg-listed diversified... 

Platinum continuing to attract strong investor interest – WPIC

5th August 2020 The interest in platinum group metals (PGMs) is high at the moment, World Platinum Investment Council (WPIC) research director Trevor Raymond said on Wednesday. Speaking to Mining Weekly from London in a Zoom interview, Raymond said: “As you know, the WPIC doesn’t forecast price but one of our... 

High-flying, dividend-talking RBPlat going into second half with tailwinds

4th August 2020 High-flying platinum group metals (PGM) mining company Royal Bafokeng Platinum (RBPlat) is going into the second half of this Covid-hit year well-positioned with stockpile, upper group two (UG2), lower capital and gold-streaming tailwinds. RBPlat CEO Steve Phiri told a half-year results... 

RBPlat reports sky-rocketed first-half earnings on lower Covid-hit output

4th August 2020 Mid-tier platinum group metals producer Royal Bafokeng Holdings on Tuesday reported sky-rocketed earnings on lower Covid-19-impacted half-year production. The JSE-listed company’s earnings before interest tax depreciation and amortisation in the six months to June 30 soared 297.2% to more than... 

Exchange control lifting sends strong growth message – Anglo

4th August 2020 The lifting of exchange control by South Africa sends a really strong message about the country’s desire to promote investment and growth, says Anglo American finance director Stephen Pearce. He gave South Africa a pat on the back during Anglo’s virtual presentation of half-year results last... 

Crop nutrients have double potential of coal being exited – Anglo

3rd August 2020 Covid-19 notwithstanding, diversified mining company Anglo American will this year be spending the $300-million that it forecast on the Woodsmith polyhalite project in the UK, which gives it entry into the crop nutrients business at a time when fertilising is being hailed a godsend to ease global... 

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