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Ilan Solomons is a Creamer Media Contributing Editor for Engineering News and Mining Weekly.
Tel: +2711 622 3744
Carbon tax would have costly implications for mines – Accenture
In South Africa, policymakers and businesses have discussed a carbon tax for several years, starting with the country’s signing of the Copenhagen Agreement in 2009. However, progress has been slow...
Mining Indaba remains pivotal to Africa
The mineral resources sector remains “critically important” to the African continent, which is why the Investing in African Mining Indaba has consistently been regarded as an event of “paramount...
Merafe increases FY output, reduces debt
JSE-listed Merafe Resources’ attributable ferrochrome production from the Glencore Merafe Chrome Venture for the year ended December 31, increased by 4% to 107 t, compared with the 101 t produced...
Despite disappointing Q1 production figures, Lonmin maintains FY17 guidance
Platinum producer Lonmin is disappointed by first-quarter production figures at its Generation 2 shafts; however, with the initiative of deploying additional stoping and vamping crews and the...
Anglo American Q4 output broadly higher but copper output down 19%
Diversified miner Anglo American achieved higher output for most of its products in the fourth quarter ended December 31, but copper production fell by 19% year-on-year. The lower copper...
Tough operating climate brings greater transparency emphasis for miners
The mining industry has continued to face significant uncertainty, volatility and pressure to contain costs over the past three years. This unpredictable business environment has given rise to a...
South Africa’s mining sector at a crossroads, collaborative effort required
The global mining industry has been struggling since the 2008 international financial crisis set off a chain of events resulting in contracted growth in important markets, such as China, and...
South Africa’s mining sector at a crossroads, collaborative effort required
The global mining industry has been struggling since the 2008 international financial crisis set off a chain of events resulting in contracted growth in important markets, such as China, and...
Adoption of new technologies can benefit mines, local communities
A raft of highly-matured existing technologies are available to miners in the quest to transform their operations, enhance efficiency, improve productivity, elevate safety levels, and revitalise a...
Metso launches ‘comprehensive’ in-the-pit solutions
Mines are continuously being challenged to rethink how to shape their operations to be more sustainable and profitable. It is for these reasons that diversified engineering group Metso has launched...
Proposed amendments to residue stockpiles and deposits regulations welcomed
Environmental Affairs Minister Edna Molewa in November published the proposed amendments to the Regulations Regarding the Planning and Management of Residue Stockpiles and Residue Deposits for...
Company looks back on its first decade, upbeat about future fortunes
South African geospatial solution and aerial survey company Southern Mapping celebrated its tenth anniversary last month, reflecting on its many achievements while outlining its aims for the...
Dacian secures A$150m for WA gold project
Gold developer Dacian Gold has completed and signed a syndicated facility agreement (SFA) to fund the development of its Mt Morgans gold project, in Western Australia. Financial institutions...
Corunna Downs DFS indicates large iron-ore deposit
Iron-ore miner Atlas Iron’s Corunna Downs project, in Western Australia, has the potential to deliver 4-million tons a year of lump and fines direct-shipping iron-ore (DSO) over an initial mine...
Kibo secures $2.9m forward payment facility for Mbeya project
Tanzania-focused mineral exploration and development company Kibo Mining has entered into a binding term sheet with UK-based private equity provider Sanderson Capital Partners for a new...
Bacanora in advanced discussions with Asian offtake partner
Aim- and TSX-V-listed lithium and borates company Bacanora Minerals is currently in advanced discussions with a “significant Asian offtake partner” for the supply of battery-grade lithium carbonate...
Kefi Minerals has a ‘very good’ year, upbeat about 2017 project advancement
Gold exploration and development company Kefi Minerals has had a “very good” 12 months in which it has made solid progress towards becoming a gold production company, said Kefi executive...
Capricorn Metals announces discovery of new, high-grade structure
Australian junior gold miner Capricorn Metals has confirmed the presence of a new, high-grade mineralised structure in the immediate footwall of the Bibra gold deposit at its 100%-owned Karlawinda...
Glencore outlines $1.1b pricing of tender offers
Diversified mining and marketing company Glencore has priced the offers to purchase up to the maximum tender amount of outstanding notes of $1.1-billion. The total offer consideration relates to...
Electronic incident reporting, management system touted as best practice
For many years line managers and safety staff in the South African mining industry have tried to understand the relationship between incidents, minor injuries, lost-time injuries, serious injuries...
Integration of IoT platforms in mining seen as way to enhance productivity
The adoption and implementation of exponential technologies will increase productivity and ensure greater efficiencies throughout the mining sector globally, asserts advisory firm Deloitte digital...
Report says Zambia needs more friendly tax regime to attract mining investors
Zambia needs a more competitive mining tax regime to entice new and existing investors to invest billions of dollars into the mining industry and boost flagging production, says Zambia Chamber of...
Systems thinking game aims to bring change to mining industry
Mining industry stakeholders knows that the industry must become more productive and efficient if it is to remain competitive and achieve the returns on investment required by shareholders. Local...
Report says Zambia needs more friendly tax regime to attract mining investors
Zambia needs a more competitive mining tax regime to entice new and existing investors to invest billions of dollars in the mining industry and boost flagging production, says Zambia Chamber of...
Petmin sees 2% sales increase, 3% production decline in Q3
Diversified miner Petmin on Friday reported that its production of metallurgical anthracite for the third quarter of the year decreased by 3% year-on-year to 342 536 t, from 352 179 t during the...
Slide in BEE ownership to 30% won’t affect Eskom supply deals, says Exxaro
Diversified miner Exxaro Resources has assured investors that despite its black ownership falling below the 51% required by State-owned power utility Eskom for all its supply contracts, this will...
Sibanye testing alternative to explosives-based rock breaking
The South African mining industry requires a paradigm shift in its fundamental approach to mining processes to ensure that it can move away from the use of explosives, says diversified miner...
DMR insists it ‘engaged comprehensively’ with chamber on revised Mining Charter
The Department of Mineral Resources (DMR) has refuted claims that the Ministry has not actively engaged stakeholders about the draft revised Mining Charter. The DMR issued a statement stating...
MPRDA Bill could deter investment in upstream oil and gas industry – lawyer
In January 2015, President Jacob Zuma referred the Mineral and Petroleum Resources Development Act (MPRDA) Amendment Bill to the National Assembly based on reservations that it would not pass...
Gold One GM reveals how company nearly lost entire mine in fall-of-ground incident
An almost disastrous fall-of-ground (FoG) took place on the night of April 21, 2015, at gold mining company Gold One International’s Modder East Operations (MEO), in Springs, on the East Rand, it...
PGM supply and demand forecast to decline 2% next year
Total global supply of platinum-group metals (PGMs) is forecast to decline by 2% to 7.7-million ounces in 2017 from 7.8-million ounces in 2016, mainly as a result of a decline in secondary supply...
Scientist proposes using automated mineralogical analyses to monitor acid mine water
The formation of acid mine drainage (AMD) is currently one of the largest environmental problems facing the South African gold mining industry, warns local State-owned mineral and metallurgical...
China’s chromium market ‘awakening’ under spotlight
Companies need to rethink their position on China and change their mindsets to better understand this crucial market for the mining industry to plan a successful strategy, according to strategic...
Mining and metals M&As flat at $7.9bn in third quarter
Global mining and metals mergers and acquisitions (M&A) activity remained subdued in the third quarter (Q3) of 2016 with deal value flat at $7.9-billion and deal volume up by 12% to 121 deals...
Proposed revised Mining Charter would have ‘dire consequences’ – Chamber
The South African Chamber of Mines (CoM) has warned that the future viability of the country’s mining sector could be placed in “serious jeopardy” if the Department of Mineral Resources’ (DMR’s)...
DMR hits back at chamber’s claim it was not consulted on draft charter
The Department of Mineral Resources (DMR) has refuted claims that the Ministry has not actively engaged stakeholders about the draft revised Mining Charter. On Friday, the DMR issued a statement...
Exxaro confident Eskom contracts safe, despite BEE ownership decreasing to 30%
Diversified miner Exxaro Resources has assured investors that despite its black ownership falling below the 51% required by State-owned power utility Eskom for all its supply contracts, this will...
Fraser Alexander’s structured funding offering well received by mining sector
Mining services and construction company Fraser Alexander’s Integrated Mining Service (IMS) structured funding offering has been very positively received by the mining industry, says CEO Velile...
Industry recommits to ‘zero harm’ target as fatalities climb
The milestones that were agreed upon by all industry stakeholders at the 2014 Mine Occupational Health & Safety Summit are in danger of not being achieved in accordance with their timeline, warns...
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