Topic

‘Platinum Valley’ SEZ in three months – Patel

By: Martin Creamer 26th June 2019 The legal entity for the Bojanala Platinum Valley Special Economic Zone (SEZ) in North West, which already has an investment pipeline in place, will be set up in the next three months, Trade and Industry Minister Ebrahim Patel promised on Tuesday evening. Fuel cell development is listed as the... →

Gen Mining and Sibanye ink definitive Marathon agreement

By: Mariaan Webb 26th June 2019 Exploration and development company Generation Mining (Gen Mining) has entered into a definitive agreement with gold and platinum miner Sibanye-Stillwater to earn a majority stake in the Marathon project, in northern Ontario, Canada. South Africa-headquartered Sibanye CEO Neal Froneman said on... →

PTM to raise $1.3m for Waterberg DFS

By: Marleny Arnoldi 25th June 2019 TSX-listed Platinum Group Metals (PTM) on Tuesday announced its intention to raise $1.3-million in a private placement. The company will sell 1.1-million shares at a price of $1.17 apiece to Hosken Consolidated Investments, which already holds 20.05% of the company’s shares. →

Higher rand PGM basket price contributes to 80% jump in Amplats' interim headline earnings

By: Creamer Media Reporter 25th June 2019 Platinum group metals (PGMs) miner Anglo American Platinum (Amplats) expects its headline earnings for the six months ended June 30 to be 80%, or R2.69-billion, higher year-on-year, mainly as a result of an increase in the rand PGM basket price. The company had reported headline earnings of... →

Ramaphosa's old union seeks South African platinum mine comeback

By: Bloomberg 21st June 2019 The National Union of Mineworkers (NUM), which dominated organised labour across South Africa’s platinum belt until the massacre at Lonmin’s Marikana mine in 2012, is plotting a comeback. By the end of this year, the union wants to represent 30% of the more than 167 000 workers at the world’s... →

SA mining adopting, driving 4IR as its transformation journey continues

By: Natasha Odendaal 21st June 2019 The mining industry in South Africa is continuing its transformation journey as it adjusts to the ever-increasing pace of the prevailing technological revolution, with the 100-plus-year-old industry, steeped in tradition and at times crisis, seeking out new ways of adapting to this era of change.... →

SA mining adopting, driving 4IR as its transformation journey continues

By: Natasha Odendaal 21st June 2019 The mining industry in South Africa is continuing its transformation journey as it adjusts to the ever-increasing pace of the prevailing technological revolution, with the 100-plus-year-old industry, steeped in tradition and at times crisis, seeking out new ways of adapting to this era of change.... →

Broadband Infraco intensifies its role in connecting SADC

By: Natasha Odendaal 21st June 2019 State-owned telecommunications group Broadband Infraco believes there is much potential in the submarine fibre cables market across the Southern African Development Community (SADC). Infraco, which currently acts as the gateway for international connectivity for its landlocked neighbouring... →

Rianke partners with Bobcat, SANY to service Anglo in Mpumalanga

20th June 2019 A successful partnership with Bobcat Equipment South Africa and Goscor Earth Moving (GEM) has seen Rianke t/a Botshabelo secure a maintenance contract with Anglo American for its Bobcat and SANY fleet at its various mining operations in the Mpumalanga Coal Belt. Established in 2009 in eMalahleni,... →

Wits researchers find more likely explanation for how platinum forms

By: Marleny Arnoldi 19th June 2019 The University of the Witwatersrand (Wits) has published research on platinum deposits in the Bushveld Complex, which stretches across South Africa’s Limpopo and North West provinces. The research, published in the Scientific Reports journal, states that most of the world’s economically viable... →

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