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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

Covid-19 prompts Glencore to defer cash distribution, reinforce liquidity

31st March 2020 The coronavirus pandemic has prompted global diversified mining and marketing company Glencore to defer its proposed $2.6-billion distribution of cash and reinforce its $10.1- billion liquidity through the refinancing and extension of revolving credit facilities on the same commercial terms as... 

African Rainbow Minerals financial director to step down

31st March 2020 South Africa’s diversified black-controlled mining and minerals company African Rainbow Minerals (ARM) on Tuesday announced that its FD Abigail Mukhuba would be stepping down with effect from the end of September to pursue a new career, and that ARM senior executive finance: corporate and tax... 

Assore halts mines and smelters, prioritises on-time supplier payment

31st March 2020 Mining and marketing company Assore, which is delisting from the Johannesburg Stock Exchange after 70 years, on Tuesday informed its shareholders that it had taken lockdown steps following the increased incidents of COVID-19 in South Africa. Assmang, which is half owned by Assore and jointly... 

Call for R6bn to be fast-tracked for small business

31st March 2020 South African tax incentive fund manager Westbrooke Alternative Asset Management has called on Finance Minister Tito Mboweni to fast-track emergency amendments to the Section 12J legislation so that R6-billion of investor capital can be more speedily invested in small, medium and micro... 

Harmony Gold’s nine underground mines cease operations

31st March 2020 Mining has ceased at all of the nine underground gold mines of Harmony Gold but the Johannesburg- and New York-listed company’s surface retreatment operations and opencast mine will continue to function, collectively producing between 650 kg and 700 kg in the 21-day lockdown period in response to... 

Gold Fields places South Deep mine on care and maintenance

31st March 2020 Johannesburg- and New York-listed gold mining company Gold Fields has placed its South Deep gold mine in Gauteng on care-and-maintenance to coincide with South Africa’s lockdown until April 16. In publishing its integrated annual report for 2019 and a number of associated reports on its website,... 

Proudly South African hydrogen breakthrough with Shell’s backing

30th March 2020 At this time of huge coronavirus uncertainty, the chests of a group of engineers here must surely be bulging with pride following their major Proudly South African world breakthrough that could speed up the global deployment of hydrogen as a competitive universal and environmentally friendly... 

Mining could be enormous post-virus stabiliser – Minerals Council

29th March 2020 The mining industry could be an enormous asset in stabilising and growing the economy post the coronavirus crisis – but the right economic and regulatory circumstances would have to prevail, Minerals Council South Africa stated in a weekend media release. Post coronavirus, South Africa would... 

ARM, Motsepe family play key roles in R1bn coronavirus pledge

28th March 2020 South Africa’s diversified black-controlled mining and minerals company African Rainbow Minerals (ARM) and the Motsepe family on Saturday formed the key part of the partnership of companies and organisations that have pledged R1 billion to assist with the current coronavirus (Covid-19) pandemic... 

On-The-Air (27-03-2020)

27th March 2020 At last, the world’s mining giants are shining a bright new spotlight on green hydrogen; Eskom must sign energy contracts that ensure a smart transition from coal to renewables; and God help us if we don’t take climate change very seriously. That’s the warning from Minerals Council South Africa... 

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