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Contract Mining News

Lack of resource funding moves company closer to junior miner status

By: Carla Thomaz     28th November 2008 TWP Finance working towards listing as junior mining company 

Quality management recertification received

By: Carla Thomaz     28th November 2008 TWP receives ISO 9000 QMS recertification 

Safety milestones at four projects

By: Carla Thomaz     28th November 2008 The 2008 death toll in South Africa’s mining industry has now reached well over 120, however mining focused engineering project house TWP’s safety-conscious culture, where safety is its number-one priority, has resulted in TWP achieving a number of milestones in its mining projects. 

Top honours for Turbine Square

By: Carla Thomaz     28th November 2008 The newly acquired TWP Holdings subsidiary, TPS Architects, is part of the team that has been awarded the 2008 South African Property Owners Association (SAPOA) award for Innovative Excellence in Property Development, as well as the Southern African Institute of Steel Construction’s 2008 steel... 

Preparation to execute maiden project begins 

By: Carla Thomaz     28th November 2008 Local engineering, procurement and construction management group TWP has completed the feasibility study for junior platinum producer Wesizwe Platinum’s Frischgewaagd-Ledig mine project, in the North West Province. 

Order book continues to grow

By: Carla Thomaz     28th November 2008 With the recent price drop in commodities, TMP is exploring new business opportunities in the areas of fine chemicals, and cogeneration power. 

Sandvik opens office in Namibia to cope with soaring demand 

By: Leandi Kolver     24th October 2008 “Namibia is currently experiencing a surge of growth in its mining and mineral exploration sectors just like many countries in Africa. It has a particularly significant expansion in uranium,” he says.  

‘Naked potential criminality and fraud’ at Sentula, says chairperson Sam Jonah

By: Martin Creamer     22nd October 2008 “Naked potential criminality and fraud” appeared to have taken place within the JSE-listed, but currently suspended, Sentula Mining, Sentula chairperson Sir Sam Jonah said on Wednesday. “In all my public life, and I have been around the block a few times, I have never seen such nakedness in... 

Achieving success with customised cooling systems

     17th October 2008 Heating, ventilation and cooling specialist Booyco Engineering reports an approbative market response on its custom engineered cooling system, the Booyco Bushcooler. 

Ontario promotes mining equipment, services in Mexico

By: Liezel Hill     16th October 2008 Representatives of Ontario's Ministries of Northern Development and Mines and International Trade and Investment will be in Mexico next week to promote the Canadian province's mining equipment and services sector. The Ministries are cohosting a booth at the Expo-Minera Sonora 2008 trade show,... 

Mining equipment firm relocates and consolidates to gear up for growth

By: Dennis Ndaba     12th September 2008 Mining, construction, cranes and road-building equipment supplier Terex Africa has moved into its new multimillion rand premises in Kempton Park, north-east of Johannesburg. 

Power generation company expands premises

By: Loni Prinsloo     15th August 2008 Power generation service specialist Alstom is now pressing ahead with its plans to increase capacity at its Benoni plant by a furher 40% over and above its level of a year ago.  

Mineral and metals division drills deep

By: Loni Prinsloo     15th August 2008 Multidisciplinary construction and engineering group Grinaker-LTA Metals and Minerals division secured the contract to supply the sinking stage headgear and the permanent headgear for platinum producer Impala Platinum’s No 17 shaft. 

Sentula probing the intent behind accounting errors

By: Matthew Hill     12th August 2008 JSE-listed Sentula Mining on Tuesday said that it was probing “the intent behind” the past management’s accounting irregularities that led to the restatement of its 2007 financial results. CEO Robin Berry told Mining Weekly Online that the company planned on publishing the findings of the... 

Auditors approve Sentula’s ’09 profit forecast

By: Matthew Hill     29th July 2008 Sentula Mining’s share price rose rapidly in late trade JSE on Tuesday, after it said that its auditors had approved its 2009 profit forecast as “acceptable”. The forecast in question had resulted in the company having its shares suspended on the local bourse, after a director said on a... 

Richards Bay Minerals approves R1-billion project

By: Loni Prinsloo     4th July 2008 The heavy mineral sand mining operation north of Richards Bay, Richards Bay Minerals (RBM), has approved over R1-billion in funding for its tailing treatment plant project (TTP). 

Namakwa Sands boosts safety standards

By: Loni Prinsloo     4th July 2008 The integrated mineral sands mining, mineral separation and metal smelting operation purchased Namakwa Sands, by multicommodity resources giant Exxaro Resources, has boosted the company’s occupational safety standards with the implementation of automated plant clearance software IntelliPERMIT at... 

Sentula expects profit to increase to R400m, shares rise

By: Matthew Hill     27th June 2008 Mining services and coal development company Sentula on Friday said it expected to make a post-tax profit of R400-million for the year to March 2009, which would be a 70% increase on the previous year's figure of R234-million. The announcement came after trading in the company's shares was... 

Sentula more than doubles profit, CEO upbeat about future

By: Matthew Hill     25th June 2008 Mining services company Sentula Mining reported that its after-tax profit for the year ended March 31 had more than doubled to R234-million from the restated figure of R93-million. The JSE listed company rose 7,96% in Johannesburg, trading at R12,20 a share at 09:08. 

Backfill system could double reserves at niobium mine – Iamgold

By: Liezel Hill     2nd June 2008 Canadian gold-miner Iamgold believes that it could double the reserves at its Niobec niobium mine, in Quebec, Canada, by introducing a paste backfill system at the operation, the company said on Monday. A study on the proposal had indicated that it would cost about C$8-million and could be... 

Sentula share price drops sharply after profit, accounting errors warning

By: Matthew Hill     2nd June 2008 Contract miner and coal producer Sentula Mining hit a new low on the JSE on Monday morning, after it announced that its earnings for the year ended March would drop. It expected headline earnings to come in at between 74c a share and 89c a share, compared with the previous year's figure of... 

Asian commodities demand feeds local operations

By: Sylvester Haskins     23rd May 2008 Multidisciplinary construction and engineering group, Grinaker-LTA, forecasts positive growth in its contract mining operations, Grinaker-LTA Mining Contracting MD Alf Wood tells Mining Weekly.  

Contract miner fills gap for highly skilled mining personnel

By: Sylvester Haskins     23rd May 2008 The provision of highly skilled personnel for the array of mining engineering and infrastructure-build operations at mines, is the driver of the contract mining industry, states mining contractor Shaft Sinkers corporate services director Tom Pietrzak. 

Commodities boom calls on outsourcing to fill skills gap

By: Sylvester Haskins     23rd May 2008 The array of expansion activities in the mining sector, spurred on by the international commodities boom, has seen skills outsourcing becoming an essential cog in the mining industry, as stakeholders are compelled to tap into the sought-after mining engineering skills that contract mining... 

Strategic realignment follows internal ownership transfer

By: Sylvester Haskins     23rd May 2008 An undisclosed share transfer arrangement in the first quarter of this year resulted in mining and tunneling construction company Deilmann-Haniel becoming Redpath Mining South Africa. 

Skilled personnel are key to a successful mining operation

By: Sylvester Haskins     23rd May 2008 The ability to operate machinery efficiently and productively, in order for a contractor to achieve targets, is a fundamental prerequisite and similarly pivotal to having the appropriate equipment in any mining operation, mining contractor Concor Mining MD Trevor Robinson tells Mining Weekly. 

Gold Fields tests winder ropes at all mines after fatal accident

By: Liezel Hill     2nd May 2008 Gold miner Gold Fields expected to have completed thorough testing of all the winding ropes at its South African mines by Saturday, the company said on Friday morning. The Department of Minerals and Energy issued a directive ordering the safety checks, following an accident on Thursday in which... 

OTR tyre manufacturer upping its production to cope with demand

By: Loni Prinsloo     14th March 2008 To tackle the problem of global earthmoving equipment tyre shortages, the manufacturer of the first radial tyre Michelin, is investing a large amount of money to increase its capacity to manufacture of-the-road tyres (OTR). The company predicts that the demand for OTR tyres will continue until 2012. 

Earthmoving and surface mining equipment company broadening South African skills base 

By: Loni Prinsloo     14th March 2008 Newly structured Barloworld Equipment has set a benchmark with the Barloworld Equipment Operator Academy. During a recent audit by the Construction Education and Training Authority (Ceta), the company was commended on the quality of its training facility. 

Buildmax buys mining and earthmoving contractor for R565m

By: Olivia Soraya Spadavecchia     26th February 2008 Construction materials manufacturer Buildmax said on Tuesday that it had concluded an agreement to acquire open cast mining and earthmoving contractor Diesel Power Open Cast Mining (Diesel Power) for R565-million. Buildmax explained that the acquisition of Diesel Power enhanced the company's... 

Simulated techniques help miners learn effectively

By: Shannon de Ryhove     22nd February 2008 Mining contracting company Murray & Roberts Cementation says that its focus during networking at the Mining Indaba was on skills development and the strategies it has in place to ensure increased exposure of its resources. 

Grinaker-LTA Metals & Minerals places its resources behind growth

By: Leandi Kolver     15th February 2008 Multidisciplinary construction group Grinaker-LTA Metals & Minerals, a division of Aveng (Africa), has invested significantly in upskilling its staff, and GM Marius Botes says a strong focus has been placed on enhancing the skills of project managers. 

Morphed contract miner sees red-hot Redpath ahead

By: Leandi Kolver     15th February 2008 Since a share-transfer arrangement that saw Deilmann-Haniel become Redpath Mining, the company has seen monthly turnover increase twelvefold in the last two years. 

South African mining services, equipment highly sought after

By: Leandi Kolver     1st February 2008 The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) is hosting the Canadian Export initiative: CIM Tradex 2008 from 4 to 7 May, in an effort to build a stronger trade relationship between the Canadian mining industry and the South African mining equipment and services industry.  

1 300 contract miners fired at Marikana after illegal strike

By: Liezel Hill     19th December 2007 Platinum-miners Aquarius Platinum South Africa and Anglo Platinum are losing 500 oz of platinum-group metal production a day, after the underground contractor at their jointly-owned Marikana mine, in South Africa, fired 1 300 employees who particpated in an illegal strike.  

Mine project firm TWP’s shares leap on listing

By: Martin Creamer     7th December 2007 Buying mine-shovel shares before buying mine shares could be the investor logic behind the leap on listing of the share price of TWP.  

London investor acquires control of Shaft Sinkers for R245-millon

By: Dennis Ndaba     30th November 2007 London based company International Mineral Resources (IMR) has acquired a 60% stake in Shaft Sinkers in a deal worth R245-million. 

New BEE distributor of lighting products to mines

By: Leandi Kolver     30th November 2007 A new distributor for Hella Mining lighting products known as KHD Africa, has been launched following the takeover of the lighting division from KH Diesel & Electrical. 

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