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Re-evaluation of SA’s mineral beneficiation strategy urged amid slow progress
Published: 15 Feb 19
Amid slow progress in realising South Africa’s mineral beneficiation strategy – as set out in the Department of Mineral Resources (DMR) 2011 policy document – mining industry participants, analysts and experts are re-evaluating the feasibility of mineral beneficiation as a growth trajectory path. Minerals beneficiation has long been championed by government as one of the major drivers in advancing the empowerment of historically disadvantaged communities in South Africa.
Constant improvement crucial for the mining industry
Published: 15 Feb 19
Industry organisation the Prospectors & Developers Association of Canada’s (PDAC’s) is to hold its annual convention in Toronto, Canada from March 3 to 6, and PDAC president Glenn Mullan says the convention must constantly improve to benefit people in the industry. “Staying relevant is imperative to remaining the world’s premier mineral exploration and mining convention. With that in mind, we have an excellent line-up for 2019,” he tells Mining Weekly.
Re-evaluation of SA’s mineral beneficiation strategy urged amid slow progress Re-evaluation of SA’s mineral beneficiation strategy urged amid slow progress
Published: 15 Feb 19
Amid slow progress in realising South Africa’s mineral beneficiation strategy – as set out in the Department of Mineral Resources (DMR) 2011 policy document – mining industry participants, analysts and experts are re-evaluating the feasibility of mineral beneficiation as a growth trajectory path. Minerals beneficiation has long been championed by government as one of the major drivers in advancing the empowerment of historically disadvantaged communities in South Africa.
Zandfontein upper group two tailings facility, South Africa Zandfontein upper group two tailings facility, South Africa
Published: 15 Feb 19
The project has shipped the first 10 000 t of chrome concentrate from the new retreatment facility.
Companies at Mining Indaba panic about 1 March 2019 deadline for Mining Charter implementation and compliance with the NEMA Financial Provision Regulations, says Alusani® Course Leader
Published: 14 Feb 19
Mining Charter The Mining Charter 2018 was a hot topic at the recently held Mining Indaba in Cape Town. With the proposed changes to BEE requirements which prescribes how mining companies are required to involve communities and women in their management and ownership structures, many companies are panicking.
Gold, operational costs drag down South Africa’s December mining production
Published: 14 Feb 19
South Africa’s mining production decreased by 1.6% year-on-year in 2018, following a 3.9% year-on-year increase in 2017 and a decrease of 3.7% year-on-year in 2016, Statistics South Africa (Stats SA) revealed on Thursday. In December, mining production decreased by 4.8% year-on-year, with the main negative contributors being gold production, which contracted by 31% and contributed -4.6 percentage points; iron-ore production, which contracted by 14.3% and contributed -2.1 percentage points; copper production, which fell by 30.8% and contributed -0.3 of a percentage point; and chromium ore, which was down 9.3% and contributed -0.3 of a percentage point.
At least 23 illegal Zimbabwean gold miners feared dead after shafts flooded
Published: 14 Feb 19
At least 23 illegal miners are trapped and feared dead in Zimbabwe after shafts and underground tunnels they were working in were flooded by water from a burst dam, a state-owned daily newspaper reported on Thursday. The southern African nation has been working to regulate thousands of people who illegally dig for gold everywhere, including on farms and abandoned mines, mostly under the cover of darkness.
Palladium supply shortfall will worsen this year – Johnson Matthey
Published: 13 Feb 19
A deficit in the palladium market that has driven prices of the autocatalyst metal to record highs will widen dramatically this year, specialist materials company Johnson Matthey said in a report on Wednesday. The company, a leading autocatalyst manufacturer, said the shortfall in the roughly ten-million-ounce-a-year palladium market narrowed in 2018 to 29 000 ounces from 787 000 ounces in 2017, its widest in three years.
Sibanye considers closing unprofitable shafts at gold mines
Published: 12 Feb 19
Sibanye Gold is considering shutting unprofitable shafts and cutting jobs at its South African gold mines amid a three-month-old wage strike that’s curbing output. The nation’s largest gold producer has talked with some labor unions about a potential restructuring, which could lead to job cuts, said Sibanye spokesman James Wellsted.
HCI increases PTM shareholding to 19.89%
Published: 11 Feb 19
Hosken Consolidated Investments (HCI) has acquired, through a private placement undertaken by its subsidiary Deepkloof, over two-million common shares in TSX-listed Platinum Group Metals (PTM) at $1.33 a share, for a total consideration of $2.8-million. This acquisition brings HCI’s total holdings in the PTM common shares to over 6.5-million, or 19.89%.
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