R/€ = 19.30 Change: 0.03
R/$ = 16.29 Change: 0.04
Au 1952.55 $/oz Change: -1.38
Pt 940.15 $/oz Change: -1.63

Martin Creamer

Martin Creamer

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

Tel: +2711 622 3744


AngloGold reinstates guidance on growing certainty

21st September 2020 Gold mining company AngloGold Ashanti on Monday reinstated annual guidance on improved operating certainty amid the Covid-19 pandemic and in anticipation of the conclusion of the sale of its South African assets at the end of this month. All conditions precedent have been met with respect to the... 

On-The-Air (18/09/2020)

18th September 2020 The mining industry is calling for Joburg’s mine dumps to come down to cut travel time in taxis; A rich old gold mine is being brought back to life in the Evander gold fields of Mpumalanga; and Platinum is fighting its way into battery electric vehicles, from which it has up to now been excluded. 

Joburg’s mine dumps should come down to cut commute time – DRDGold

18th September 2020 South Africa Inc should be doing much more to incentivise the recovery of precious metals from tailings dams for sound societal and environmental reasons that could free Johannesburg of its artificial ‘Berlin Wall’-type political legacy barriers that tilt commute times unfairly and block new-era... 

Lagging platinum being actively promoted – Implats

18th September 2020 Demand for platinum, the price laggard of the high-flying platinum group metals basket, is being actively promoted on several fronts, Implats reported on Thursday. Following the company’s presentation of stellar cash-generating and dividend-yielding financial results, which featured a gross... 

South Africa must link tax laws to job creation, says ARM’s Motsepe

18th September 2020 The private sector worldwide is the engine for job creation, in partnership with trade union organisations, government and communities, and South Africa must link its tax legislation to job creation. That is the view African Rainbow Minerals (ARM) executive chairperson Dr Patrice Motsepe... 

South Africa must seize its huge new-world opportunities immediately

18th September 2020 If we work together, we can treble the size of our platinum industry. Why don’t we? Minerals Council South Africa has an already-drafted plan to take South Africa from the $11-billion -a-year business that it is today to the $35-billion-a-year, yes dollar, business it could be. The hydrogen, fuel... 

Egoli likely to be S Africa’s least complicated underground gold mine – Pan African

17th September 2020 What is expected to be South Africa’s least complicated underground gold mine is on the way at Evander, Mpumalanga, in the form of the Egoli gold project. Planning to bring the low-capital quick-return project to life is Pan African Resources, the London-, Johannesburg- and New York-listed... 

Solar to provide most of gold plants’ daytime power – Pan African

16th September 2020 The 10 MW solar electricity plant that Pan African Resources will construct on site at its Elikhulu gold-from-tailings plant next year at a cost of R150-million will take care of most of Elikhulu’s daytime power requirements. This is the first phase of solar power generation at Evander. Pan... 

Pan African proposes record final dividend as headline earnings surge

16th September 2020 Gold mining company Pan African on Wednesday proposed a record final dividend after headline earnings surged 93% and net cash generated by operating activities rose by 42%. Mining Weekly can report that, in the 12 months to June 30, gold produced by the London-, Johannesburg- and New York-listed... 

Great opportunity to lock in higher gold price for future – Harmony

16th September 2020 The current gold price presents a great opportunity to lock in the higher price for the future, says Harmony Gold FD Boipelo Lekubo, against the backdrop of Harmony’s hedging programme realising gains of R2.2-billion since its inception, but the recent dollar and rand gold prices also negatively... 

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