Northam CEO says South African platinum miners facing worst crisis in decades
Northam Platinum’s CEO said on Friday that platinum mining companies in South Africa, the world’s top supplier of the metal, are facing “severe” market conditions and are caught up in the worst crisis in three decades as prices plummet.
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South African billionaire Wiese returns to his diamond-hunting roots
Christo Wiese, South Africa’s billionaire retail king, is going back to the future.
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South African platinum industry could shed up to 7,000 jobs to cut costs
Restructuring of South Africa’s platinum group metals (PGM) industry in response to rising costs and falling prices could result in between 4,000 and 7,000 job cuts, the country’s Minerals Council said on Monday.
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South African court denies class action against Anglo American
Mining News Pro - South Africa’s High Court has ruled that a class action lawsuit against miner Anglo American brought by victims of alleged historic lead poisoning in Zambia should not go ahead, lawyers for the claimants said on Saturday.
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South African mining profits slump by almost half
Mining News Pro - South African mining company profits have plunged by almost half this year, dropping almost 100 billion rand ($5.2 billion) because of the blows from lower commodity prices, crippling power cuts, rail network constraints and rising costs, Fin24 said, citing a report by PwC.
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South African miners join race to buy Khoemacau copper mine
Mining News Pro - At least three South African miners are in the running to buy Botswana’s Khoemacau copper mine that is home to one of Africa’s largest copper deposits, several sources told Reuters, as growing demand for the metal ensures strong competition for the sought-after asset.
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South Africans call for UK to return diamonds set in crown jewels
Mining News Pro - Some South Africans are calling for Britain to return the world’s largest diamond, known as the Star of Africa, which is set in the royal sceptre that King Charles III will hold at his coronation on Saturday.
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South African trade unions sign wage deal with Sibanye
Mining News Pro - Two South African trade unions have signed a three-year wage agreement with miner Sibanye Stillwater on June 11, one of the unions said on Sunday, removing the last hurdle to restarting operations at its gold mines in the country.
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South Africans’ hair reveals heavy metal exposure from mining at Witwatersrand
Mining News Pro - An international team of researchers is analyzing individual hair samples from people living and working around the Witwatersrand basin near Johannesburg to determine the degree of uranium contamination and identify which populations are most at risk.
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Gangs stealing cables miles underground torment South African platinum mines
Mining News Pro - South African miners are battling a growing threat miles underground in the world’s deepest platinum shafts: Gangs stealing copper cables and disrupting operations.
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Coal slurry dam spills near historic South African game reserve
Mining News Pro - Coal mining wastewater spilled near a historic South African game park last month, raising community concerns about the environmental effects.
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South32 posts higher manganese, aluminium output from South African operations
Mining News Pro - Diversified miner South32 has posted a 21% year-on-year increase in manganese output from its South African mines to 2.26-million tonnes for the year ended June 30.
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Mavuso says South African democracy proved mettle despite destruction
Mining News Pro - Business Leadership South Africa (BLSA) CEO Busi Mavuso says last week was a serious test of South Africa’s constitutional democracy, but she believes the country managed to pass the test and proved how strong it really is.
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Epiroc secures battery-electric mining equipment order from Ivanplats’ South African mine
Mining News Pro - Mining and infrastructure industry productivity and sustainability partner Epiroc has won a significant order for battery-electric mining equipment from Ivanplats, which will use the equipment to develop its greenfield mine in South Africa in the “most sustainable and productive manner possible”.
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Rio Tinto to keep South African operation shut
Mining News Pro - Rio Tinto said on Monday that operations at its Richards Bay Minerals (RBM) project in KwaZulu-Natal, South Africa, which was shut down in late June following the murder of the top manager, will remain halted despite talks with government.
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Iconic South African mines ravaged economy’s unlikely savior
Mining News Pro - The world’s deepest precious-metals mines, together with giant iron-ore and coal pits are providing an unexpected boon to a South African economy slowly recovering from its biggest contraction in a century.
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South African oil law seen unlikely to be approved until 2022
Mining News Pro - South Africa’s draft oil exploration and production law is unlikely to be finalized for at least another year, despite the government’s call for the legislation to be expedited.
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Fluor repositions South African unit to support energy transition drive
Mining News Pro - Global engineering and construction company Fluor, which has been closely associated with South Africa’s liquid fuels and chemicals industries since the 1960s, has restructured its South African operations to align with the unfolding transitions under way in the energy and mining sectors.
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Anglo American to demerge South African thermal coal assets
Mining News Pro - Diversified mining and marketing company Anglo American is to demerge its South Africa thermal coal operations, the company said on Thursday.
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South African-developed fuel cell passing tests at Implats refinery
Mining News Pro - A South African-developed stationary hydrogen fuel cell is doing well as it is put through a testing phase at the Impala Platinum (Implats) refinery, group executive: refining and marketing Sifiso Sibiya has revealed.
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Orion Minerals raises major cash for South African copper project
Mining News Pro - Dual listed copper developer Orion Minerals on Thursday announced a A$25-million capital raising to fast-track the development of its two base metal production centers in South Africa.
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South African campaigners push for faster coal exit in presidential commission
Mining News Pro - As president Cyril Ramaphosa launches an initiative to deliver net zero emissions, campaigners prepare to confront trade unions over coal
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South African mining dealmaker plots M&A push before retirement
Mining News Pro - South African mining dealmaker Neal Froneman is considering retiring in two to three years time, but would first like to double the size of Sibanye-Stillwater.
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China buying South African coal ‘could be game-changer but we shouldn’t be complacent’
Mining News Pro - Normally, China does not import coal from South Africa, but 2021 has seen a seismic shift.
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South African stocks climb as haven demand boosts gold miners
Mining News Pro - South African stocks advanced for a second day, boosted by gold producers as demand for haven assets supported bullion prices amid the latest news on the coronavirus pandemic.
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Visit: 661