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Creativity, innovation keep South Africa’s mining tech manufacturing industry competitive Has Video
Published: 25 Apr 24
An admirable degree of creativity exists within the South African mining technology and equipment manufacturing sector, giving manufacturers the necessary flexibility to weather the significant challenges over the past few years, Mining Equipment Manufacturers of South Africa CEO Lehlohonolo Molloyi has said. He was speaking as part of a panel in a webinar hosted by Creamer Media and sponsored by ABB, AECI Mining, Astron Energy and Epiroc, on April 24.
BHP makes £31bn offer for Anglo American
Published: 25 Apr 24
Diversified mining major BHP on Thursday announced a proposed all-share offer that values Anglo American at £31.1-billion. The deal has the potential to transform the mining industry landscape. BHP offered Anglo shareholders £25.08 a share, including £4.86 a share for Anglo American Platinum (Amplats) shares and £3.40 a share for Kumba Iron Ore shares.
Changing business opportunities, challenges in Zimbabwe highlighted
Published: 24 Apr 24
Zimbabwe is undergoing change and aims to attract more companies to do business in the country, but risks and challenges remain for businesses aiming to capitalise on the opportunities in the country. These were some of the views raised by Zimbabwean and international representatives during an information session on 'Doing business in Zimbabwe' hosted by the Southern African-German Chamber of Commerce and Industry this week.
New green hydrogen trading base uplifting platinum group metals demand outlook Has Video
Published: 23 Apr 24
The green hydrogen sector now has a digital platform on which users can buy and sell green hydrogen by the click of a button, it was announced on Tuesday.  Euronext-listed Lhyfe, the French group devoted to energy transition, has begun taking of orders for green hydrogen in Europe and facilitating contacts between buyers and sellers. (Also watch attached video.)
Anglo pleased with copper's first-quarter performance
Published: 23 Apr 24
Copper production increasing by 11% as Quellaveco achieved its highest plant throughput rate in Peru, and Collahuasi and El Soldado in Chile benefitting from higher copper grades were among the first-quarter performance aspects that pleased diversified mining company Anglo American in the three months ending March 31. “We’re driving operational excellence across our assets, focusing on stability and effective cost management as levers to deliver significant value through the cycle,” Anglo CE Duncan Wanblad highlighted in a release to Mining Weekly on Tuesday.
Amplats posts lower first-quarter output
Published: 23 Apr 24
Platinum group metals (PGM) miner Anglo American Platinum (Amplats) has reported a decrease in 5E metal-in-concentrate production of 7% to 834 100 oz for the quarter ended March 31, compared with the 901 200 oz produced in the same quarter of last year. Notably, the group’s own-managed PGM production decreased by 6% year-on-year to 504 300 oz, while the purchase of PGM concentrate decreased by 10% year-on-year to 329 000 oz.
Anglo helping to restore Amazon-like rainforest near Brazil iron-ore mine Has Video
Published: 23 Apr 24
Diversified mining company Anglo American is taking steps to help to restore an Amazon rainforest equivalent of which less than 10% remains intact. The Mata Atlántica carbon forest is located near Anglo’s Minas-Rio iron-ore mine, in Brazil.
Over-optimistic, exaggerated expectations in platinum market can lead to bad investment decisions, says CPM
Published: 19 Apr 24
Independent commodity research group CPM Group managing partner Jeffrey Christian has dispelled some of the common myths in the platinum market, which can lead to bad investment decisions on the part of producers, investors, governments and other financing sources. “There are high costs to making financial decisions based on a desired future rather than a realistically probable future based on an erroneous understanding of present market conditions and probable outcomes,” he explains in a market alert issued on April 19.
Chief economist unpacks mining’s deeply-rooted contribution to economy despite challenges
Published: 19 Apr 24
The mining industry makes a significant difference in the lives and livelihoods of employees and society in South Africa through economic and socioeconomic contributions, but more can be done on the governmental administrative front to enable increased benefits, says Minerals Council South Africa chief economist Hugo Pienaar. He told Mining Weekly that the Department of Mineral Resources and Energy had expressed commitment to reducing red tape and processing applications, such as mineral right exploration applications quicker.
Seizing assets, the tip of the iceberg in fighting illicit mining activities
Published: 19 Apr 24
Little over three weeks ago the National Prosecuting Authority’s Asset Forfeiture Unit (NPA AFU) obtained three orders granting the unit permission to seize assets worth some R18 million from alleged illegal mining kingpins. This gesture sends a clear message that illegal mining will be dealt with thoroughly. Hosted by Pinpoint Stewards the annual Mine Security conference will take place at the Indaba Hotel on 19 and 20 June, bringing stakeholders together to collaborate on various mining threats. The theme for this year’s conference will be: protecting mineral resources & infrastructure by applying stronger mine security measures through intelligence sharing.
 
 
 

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