South Africa – Page 8 – M i N M E T

Sasol update on Covid-19 and Lake Charles Project

July 24, 2020July 24, 2020 admin 0 Comments Africa, COVID-19 crisis, Lake Charles Chemicals Project, Sasol, South Africa

As of 22 July 2020, Sasol’s total number of COVID-19 infections since the beginning of the pandemic is 774, with

Precious Metals

Implats earnings are significantly higher than those in 2019

July 24, 2020July 24, 2020 admin 0 Comments Africa, Impala Platinum, Implats, PGM metals, Platinum, South Africa

Impala Platinum Holdings Limited (Implats) has announced a preliminary trading statement on its production for the year ended 30 June

Precious Metals

Eastplats funds PGM recovery through joint venture

July 23, 2020July 23, 2020 admin 0 Comments Advanced Beneficiation Technologies, Africa, Barplats Mines, Crocodile River Mine, Eastplats, PGM metals, Platinum, South Africa, Zandfontein Tailings Dam

Eastern Platinum Ltd. (Eastplats) has announced that its subsidiary, Barplats Mines (Pty) Ltd., has entered into an agreement with Advanced

De Beers diamond production dived by 54%

July 23, 2020July 23, 2020 admin 0 Comments Africa, Botswana, De Beers, Diamond, Namibia, South Africa

Rough diamond production decreased by 54% to 3.5 million carats, primarily due to the Covid-19 lockdowns in southern Africa. Mining

NUMSA is on strike at ArcelorMittal SA

July 22, 2020July 22, 2020 admin 0 Comments Africa, ArcelorMittal South Africa, NUMSA, South Africa

The National Union of Metalworkers of South Africa (NUMSA) is on strike at Arcelor Mittal, which is under heavy pressure

Kumba produced 20% less iron ore amid lockdown

July 22, 2020July 22, 2020 admin 0 Comments Africa, Iron ore, Ironmaking, Kolomela iron ore mine, Kumba, Sishen iron ore mine, South Africa

Kumba produced 20% less iron ore amid lockdownReflecting lower workforce levels in response to the Covid-19 lockdown, total iron ore

Precious Metals

Amplats PGM production down, ramped up converter plant

July 22, 2020July 21, 2020 admin 0 Comments Africa, Amplats, Anglo American Platinum, Anglo Converter Plant, palladium, PGM metals, Platinum, South Africa

Covid-19 lockdowns across southern Africa affected Anglo American Platinum, with lower refined PGMs production due to the repairs and ramp-up

Repair and testing of auxiliary mine ventilation fans

July 22, 2020July 21, 2020 admin 0 Comments ACTOM, Africa, LH Marthinusen, South Africa, ventilation fans

LH Marthinusen (LHM), a division of ACTOM and one of South Africa’s leading repairers of electrical rotating machines and transformers

Base Metals Ferrous Metals

South32 reports production record at Hillside Aluminium

July 21, 2020July 21, 2020 admin 0 Comments Africa, Australia, Hillside Aluminium, Manganese, Mozal Aluminium, Mozambique, South Africa, South32, Worsley Alumina

South32 Limited has achieved record production at Brazil Alumina, Hillside Aluminium and Australia Manganese ore in FY20. South32 is a

AMSA to idle blast furnace and arc furnace

July 21, 2020July 21, 2020 admin 0 Comments Africa, ArcelorMittal, ArcelorMittal South Africa, Blast Furnace, electric arc furnace, South Africa

In terms of the JSE Ltd. Listings Requirements, ArcelorMittal South Africa is required to publish a trading statement as soon

Precious Metals

Why palladium became the most precious metal?

July 20, 2020July 20, 2020 admin 0 Comments Africa, Europe, Norilsk Nickel, palladium, Platinum, South Africa, World

After hovering within an $1880/oz to $1950/oz range during the COVID-19 pandemic period, palladium finally (again) broke through the $2000/oz

MV switchgear replacement contract at Tutuka power plant

July 17, 2020July 16, 2020 admin 0 Comments ACTOM, Africa, Eskom, MV switchgear, South Africa, Tutuka power station

Eskom has awarded ACTOM a R1.18-bln contract to perform comprehensive MV switchgear replacement at Tutuka power station near Standerton in

AMSA strive for safeguards on steel imports

July 16, 2020July 16, 2020 admin 0 Comments Africa, AMSA, ArcelorMittal South Africa, Evraz Highveld Steel, International Trade Administration Commission, National Employers Association of South Africa, South Africa

ArcelorMittal South Africa (AMSA) has requested the International Trade Administration Commission for safeguards on imports of its structural steel products

Minerals Council pleased with framework for revival of SA economy

July 15, 2020July 15, 2020 admin 0 Comments Africa, ANC’s Economic Transformation Committee, Minerals Council, South Africa

Referring to the release of the ANC’s Economic Transformation Committee’s Reconstruction, Growth, and Transformation document, the Minerals Council South Africa

Precious Metals

Evander’s Egoli Project good for 9 years

July 14, 2020July 14, 2020 admin 0 Comments Africa, Egoli Project, Evander, Gold, Pan African Resources, South Africa

Pan African’s Mineral Resource Manager, Hendrik Pretorius informs that DRA Global has completed a feasibility study on Evander’s Egoli Project,

Eskom corruption scandal and its implications

July 14, 2020July 14, 2020 admin 0 Comments Africa, Anoj Singh, Corruption, Eskom, Gupta family, Kusile power station, McKinsey, Medupi, Pravin Gordhan, South Africa, State Capture, Trillian

Now that Eskom continues with its destructive effort on the South African economy, blaming cold weather for its inability to

Base Metals Precious Metals

Orion consolidates ownership of nickel-copper-PGE project

July 14, 2020July 14, 2020 admin 0 Comments Africa, Copper, Jacomynspan Project, nickel, Orion Minerals, PGM metals, Platinum, South Africa

Jacomynspan Nickel-Copper-PGE Project, South Africa – Extensive intrusive complex is highly prospective for large-scale Ni-Cu occurrences and represents an outstanding

Gold miner’s solar plant to provide independence from Eskom

July 13, 2020July 13, 2020 admin 0 Comments Africa, Elikhulu, Environment, Eskom, Gold, Green Energy, Pan African Resources, Solar photovoltaic project, South Africa

The Pan African Resources’ board has approved the development of a 10MW solar photovoltaic project at Elikhulu’s operation in Evander,

Precious Metals

Pan African Resources delivered a robust performance

July 13, 2020July 13, 2020 admin 0 Comments Africa, Gold, Pan African Resources, South Africa

Despite the challenges presented by COVID-19, Pan African Resources delivered a robust performance, with the salient features being: Gold production

Eskom blames unscrupulous contractors for R4bn loss

July 12, 2020July 10, 2020 admin 0 Comments ABB, Africa, Basil Read, Corruption, Eskom, Kusile power station, South Africa, State Capture, Stefanutti Stocks, Tenova, Tubular Construction Projects

According to a letter from Public Enterprises Minister Pravin Gordhan to ANC Chief Whip Pemmy Majodina, Eskom has named SA

Minerals Council researches how COVID-19 impacts mining

July 11, 2020July 11, 2020 admin 0 Comments Africa, Covid-19, Minerals Council, South Africa

The Minerals Council South Africa recognises that fundamental research is critical to support the mining industry and others in dealing

Ferrous Metals Precious Metals

PGM/chrome miner reports increased Q2 production

July 10, 2020July 10, 2020 admin 0 Comments Africa, chrome concentrate, PGM metals, Platinum, South Africa, Tharisa plc

With a relaxed national lockdown in place, Tharisa plc mining activities recommenced in full from the beginning of May 2020.

Power utility warns on possible load shedding

July 10, 2020July 10, 2020 admin 0 Comments Africa, Eskom, South Africa

While Eskom is working hard to return generating units to service, the possibility of loadshedding during the peak demand hours

Energy crisis: “South Africa is de-industrialising”

July 8, 2020July 7, 2020 admin 0 Comments Africa, Eskom, South Africa

Executive member of the National Energy Regulator of South Africa (Nersa) Nhlanhla Gumede briefing press reporters said a weakening in

High Court ignores Minerals Council’s Charter review plea

July 8, 2020July 7, 2020 admin 0 Comments Africa, Minerals Council, Mining Charter, South Africa

The Minerals Council South Africa notes the judgment handed down by a full bench of the High Court in Pretoria

Secrets behind SA government’s nuclear power plan

July 7, 2020July 6, 2020 admin 0 Comments Africa, ArcelorMittal South Africa, Koeberg, nuclear power station, South Africa, South African Ministry of Mineral Resources and Energy

Interpreting the South African government’s mixed messages on nuclear power. by Hartmut Winkler – Professor of Physics, University of Johannesburg On

FeCr production suffers due to unrestricted exports of chrome ore

July 6, 2020July 6, 2020 admin 0 Comments Africa, Asia, carbothermic reduction, China, chromite, FeCr production, ferrochrome smelter, Glencore, Merafe, South Africa

The increasing and unrestricted exports of chrome ore from South Africa is contributing to the displacement of ferrochrome volumes from

News Precious Metals

IRS being able to fully refine the excess PGM inventory

June 25, 2020June 25, 2020 admin 0 Comments Impala Refining Services, IRS, PGM metals, Platinum, Smelters, South Africa

Force majeure notices instituted on Impala Refining Services (IRS) customers from 26 March 2020 were uplifted in a phased approach

Eskom system is in trouble due to unplanned breakdowns

June 25, 2020June 25, 2020 admin 0 Comments Eskom, Power Station, South Africa

Eskom appeals to the public to reduce electricity consumption as the generation system is severely constrained. “We have unexpectedly lost

News Precious Metals

Impala Platinum reports on post-June 2020 production

June 25, 2020June 25, 2020 admin 0 Comments Canada, Impala Platinum, Implats, PGM metals, Platinum, Smelters, South Africa, Zimbabwe

In April 2020, Implats provided revised Group guidance for FY2020. The Group cautioned at the time as to the fluidity