http://www.miningweekly.com
R/€ = 15.96 Change: 0.09
R/$ = 14.00 Change: 0.10
Au 1224.31 $/oz Change: -0.46
Pt 846.50 $/oz Change: -5.36
 

Diversified Miners News

Synfuels, manganese production train and Morila mine make headlines  

18th October 2018 This week Mining Weekly editor Martin Creamer unpacks South Africa’s synfuels know-how, Transnet’s manganese production train and Morila mine’s agribusiness conversion. 

Resources Watch  

18th October 2018 Plea for government to awaken to massive economic potential of mining and, Chinese delegation to witness proudly South African logging system 

Resources Watch
Resources Watch

Zambia's finance minister says new mining taxes will not hit operations

By: Reuters     18th October 2018 Mining companies operating in Zambia will still meet their operational costs even after the government imposes higher taxes in Africa's No.2 copper producer, its finance minister said on Wednesday. Zambia plans to introduce new mining duties, replace Value Added Tax with sales tax and increase... 

South32 reports strong manganese and coking coal performance 

By: Esmarie Iannucci     18th October 2018 Diversified miner South32 on Thursday reported a record quarter at its Australian manganese operations, while metallurgical coal production was up 39% on the previous quarter. “Annual production guidance is maintained for all our operations, with Australia manganese achieving another quarterly... 

South32 reports strong manganese and coking coal performance
South32 CEO Graham Kerr

BHP iron-ore output up, FY copper guidance trimmed

By: Esmarie Iannucci     17th October 2018 Diversified giant BHP has reported increases in copper and iron-ore production during the three months to September, while petroleum and coal production fell. Iron-ore production for the three months to September was up by 10% on the previous corresponding period, to 61-million tonnes of ore,... 

BHP iron-ore output up, FY copper guidance trimmed
Photo by Bloomberg
BHP CEO Andrew Mackenzie

Honeywell, ERG to collaborate on mine efficiencies

By: Marleny Arnoldi     16th October 2018 NYSE-listed Honeywell and Eurasian Resources Group (ERG) have signed a memorandum of understanding (MoU) to develop innovative technologies that will increase productivity at ERG’s operations in Kazakhstan, Brazil and several African countries. Under the terms of the MoU, Honeywell will... 

Rio Tinto copper output jumps; iron-ore, aluminium production slip

By: Esmarie Iannucci     16th October 2018 Diversified major Rio Tinto has reported lower production across nearly all its commodities, besides copper, in the three months to September. “We have delivered consistent operational performance in the third quarter, highlighted by strong production from the group’s copper assets,” Rio CEO... 

Rio Tinto copper output jumps; iron-ore, aluminium production slip

Exxaro looks to fill Eskom coal shortage

By: Reuters     12th October 2018 Exxaro Resources said on Friday it was looking to supply coal to state-owned power utility Eskom, which has been hit by supply shortages, posing a threat to the power supply in Africa's most industrialised economy. Eskom, which has fewer than 20 days of coal supply at 10 of its power stations,... 

Congo miners seek concessions in new code as arbitration on hold

By: Bloomberg     12th October 2018 Miners in the Democratic Republic of Congo are seeking concessions under the nation’s new industry code and holding off challenging it through arbitration, in the hope they can still wring out a compromise in the world’s main source of cobalt and Africa’s biggest copper producer. Producers... 

Congo miners seek concessions in new code as arbitration on hold
Kibali gold mine

Ore Corp increases shareholding

12th October 2018 Australian development company Ore Corp received approval from the Tanzanian Fair Competition Commission (FCC) to increase its interest in the Nyanzaga Mining Company Limited (NMCL) to 51%. However, the move remains subject to the approval of the newly established Mining Commission. The... 

Ore Corp increases shareholding
GOLD FUTURE Ore Corp is looking to increase its gold portfolio with an increasing shareholding in the Nyanzaga Mining Company Limited

Mining Indaba intensely focused on driving capital into African mining 

By: Martin Creamer     11th October 2018 An investment pavilion will be introduced at the upcoming Investing in African Mining Indaba to drive capital into African mining with even greater intensity, MD Alex Grose said on Thursday. Speaking to Mining Weekly Online during a media roundtable, Grose also revealed that more time would be... 

Mining Indaba intensely focused on driving capital into African mining
Investing in African Mining Indaba MD Alex Grose spoke to Mining Weekly Online’s Martin Creamer about the upcoming event. Video, Video Editing and Photographs: Darlene Creamer

Plea for govt to awaken to massive economic potential of mining  

By: Martin Creamer     10th October 2018 A plea for the government to awaken to the massive real potential of the South African mining sector was made on Wednesday by Eunomix CEO Claude Baissac, who decried the disincentivising of South African mining over the past 20 years as an inexplicable paradox and a massive mineral policy... 

Plea for govt to awaken to massive economic potential of mining
Eunomix CEO Claude Baissac talks to Mining Weekly Online’s Martin Creamer on South Africa’s massive mining opportunity loss. Video, Video Editing and Photographs: Christo Greyling.

Dollar shortage 'short-term problem' for miners in Zimbabwe – Minister

By: Reuters     10th October 2018 A dollar shortage that has sparked outrage from mining companies operating in Zimbabwe is a "short-term problem" that will be remedied by a stronger economy, the mines minister told Reuters. Zimbabwe is suffering acute shortages of US dollars, deterring foreign capital from helping the ailing... 

Is the reign of Glencore’s billionaire copper king near its end?

By: Bloomberg     9th October 2018 Aristotelis Mistakidis is one of the world’s most powerful commodity traders. For nearly 20 years, the brash, hyperactive Greek known to everyone simply as “Telis” has ruled over the global copper market, buying and selling enough of the red metal to supply every factory in the US twice over.... 

Mali approves Randgold’s Morila mine to agribusiness conversion

By: Marleny Arnoldi     8th October 2018 Gold miner Randgold Resources’ Morila gold mine’s ambitious agribusiness project has been approved by the Malian government. The project is designed to replace mining with a sustainable economic activity in the local community after the operation’s closure in two years’ time. 

Mali approves Randgold’s Morila mine to agribusiness conversion
Photo by Bloomberg
Randgold Resources CE Mark Bristow

Chinese delegation to witness proudly South African logging system 

By: Martin Creamer     8th October 2018 The high-ranking delegation from China, which is due to arrive in South Africa next Monday to undertake a three-week study of South Africa’s globally recognised mineral reporting codes, will be given insight during their visit into a South African borehole logging system that is poised to go... 

Chinese delegation to witness proudly South African logging system
Samcodes Standards Committee chairperson Matt Mullins interviewed by Mining Weekly Online’s Martin Creamer. Video and Video Editing: Nicholas Boyd. Photographs: Dylan Slater.

Innovative technologies to enhance equipment monitoring, optimisation

5th October 2018 That the South African mining industry is at an inflection point, in which newer, innovative technologies have the potential to unlock new ways of managing variability and enhancing productivity, is no point of contention, says comminution and separation solutions provider IMS Engineering... 

Innovative technologies to enhance equipment  monitoring, optimisation
ADVANCED IMS Engineering recently launched General Kinematics, which is a two-mass vibratory technology

Manufacturer focuses on developing larger vibrating screening equipment

By: Donald Makhafola     5th October 2018 Screening machines are becoming larger and heavier because the ongoing trend in the mining industry globally is to increase tonnage output while maintaining efficiency, said original-equipment supplier and manufacturer of custom-designed vibrating equipment Kwatani CEO Kim Schoepflin at Electra... 

Manufacturer focuses on developing larger vibrating screening equipment
BEAST Kwatani chose South African national rugby player Tendai 'Beast' Mtawarira as its brand ambassador for these larger screen machines

Metso Megaliner improves safety, reduces downtime

By: Donald Makhafola     5th October 2018 Global industrial equipment and services offering company Metso has proven that its Megaliner mill lining system can result in a drastic reduction in downtime and improved safety in mining operations. The Megaliner was developed by Metso in 2012, and expanded in 2013 to include a liner... 

Metso Megaliner improves  safety, reduces downtime
FAST AND EFFECTIVE Megaliner uses fewer and larger parts improving safety, with faster installations

New application to assist in selecting correct screening systems

By: Donald Makhafola     5th October 2018 Global project management and manufacturing solutions company Trelleborg’s  applied technologies operation launched the Scandura aperture size selector application (Scandura app) in May. The app is designed to support Scandura screening systems, which are used to classify and screen materials... 

Contact-free skirting for conveyors on offer

By: Halima Frost     5th October 2018 South Africa-based equipment supplier BLTWORLD has added the contact-free AirScrape conveyor belt skirting system – introduced to the South African market in the second quarter of this year – to its bulk handling systems catalogue. The system has been designed and manufactured by materials... 

Contact-free skirting for conveyors on offer
DO NOT TOUCH The AirScrape is a floating system which reduces contact on the belt

Conveyor fire prevention system rolling out

By: Halima Frost     5th October 2018 Fire protection systems provider Advanced Automated Systems (AAS) is focusing on improving the fire prevention system of conveyors as opposed to most fire-prevention companies that try to prevent the spreading of fires already active on conveyor systems. AAS has, therefore, finalised the initial... 

Conveyor fire prevention system rolling out
TELL NO LIOS The new LIOS Technology allows for fire hazard dangers to be tended to immediately

Sensor detects energy use, idler wear

5th October 2018 German mechanical engineering company Voith’s BeltGenius Alignment Expert (ALEX) – which analyses the alignment of carrying idlers in conveyor systems – boosts production efficiency and energy reduction for mining houses. The sensor system detects imprecise belt conveyor alignment and provides... 

Sensor detects energy use,  idler wear
CLEVER CLOGS BeltGenius ALEX is a sensor system that detects the imprecise alignment of belt conveyors

Mines urged to do ‘all they can’ to limit pollution from used oil

By: Nadine James     5th October 2018 The mining industry consumes about 25% of the country’s lubricants - accounting for approximately 300-million litres of oil a year, of which 40% is potentially recyclable used oil, notes the Recycling Oil Saves the Environment (ROSE) Foundation. The organisation notes that used-oil is classified... 

Cobalt mining in DRC poses public health risk – study

By: Nadine James     5th October 2018 Cobalt mining comes at a great cost to public health in the Democratic Republic of Congo (DRC), states new research by Belgium university Katholieke Universiteit (KU) Leuven, and the DRC’s University of Lubumbashi. In a statement on the university’s website last week, KU Leuven department of... 

Cobalt mining in DRC poses public health risk – study
Photo by Reuters
COBALT CONCERNS Children living in the mining district had ten times as much cobalt in their urine as children living elsewhere

New fastener for conveyor industry launched

By: Halima Frost     5th October 2018 Construction industry services and technology provider Hilti South Africa introduced its new Hilti X-BT-MR structural steel fastener to the South African conveyor market earlier this month. Hilti’s in-house engineers and staff will initially be trained on the fastener and its capabilities, after... 

New fastener  for conveyor  industry launched
UP TO THE HILT Hilti has launched the new Hilti X-BT-MR fastener for conveyor systems

Company opens new office to increase its footprint

By: Donald Makhafola     5th October 2018 Screening and vibrating equipment solutions and services provider Aury Africa has opened a new office near eMalahleni to significantly extend its presence in the Mpumalanga coalfields region. Aury Africa has subsequently entered into supply contracts with significant players in the area. 

Company opens  new office to increase its footprint
EXPANSION Aury Africa has opened a new office near eMalahleni in Mpumalanga

Conveyor diagnostics system to aid coal conveyor monitoring

By: Halima Frost     5th October 2018 Technical solutions provider BMG will supply six rEscan diagnostics systems of industrial belting supplier Fenner to a coal-fired power station, in Mpumalanga, before the end of the year. Fenner’s rEscan diagnostics system is a belt diagnostic device used for the early detection of cord breaks,... 

Conveyor diagnostics system to aid coal conveyor monitoring
RETHINKING SCANNING The rEscan conveyor belt diagnostic system allows for early detection of cord breaks, corrosion and splice failure

2019 Samarco restart unlikely despite deal with prosecutors – BHP

By: Esmarie Iannucci     4th October 2018 Diversified giant BHP on Thursday confirmed that it had reached an agreement with the State Prosecutor of Mariana in Minas Gerais, in relation to compensation for the impact of the Samarco dam failure in 2015. However, the miner said that operations were unlikely to restart next year. The... 

2019 Samarco restart unlikely despite deal with prosecutors – BHP

Mining firms say Zambia's tax hike plan would ruin economy

By: Reuters     4th October 2018 Zambia's proposed mining tax increases would hobble Africa's second biggest copper industry, companies said on Thursday, a further warning to investors already concerned about the country's mounting debt. Several mines would become unprofitable if the tax plans were implemented with overall... 

Peru's mining investment boom leaves political woes behind

By: Bloomberg     3rd October 2018 Peru’s ability to post eight consecutive months of investment growth is calming fears that political woes would derail mining activity in the world’s second-largest producer of copper, zinc and silver. Mining investment in Peru jumped 6.3% August compared with last year, to $395-million,... 

Chinese delegation to study South Africa’s mineral codes

By: Martin Creamer     2nd October 2018 South Africa’s meticulous set of mineral reporting codes has succeeded in attracting a high-ranking Chinese delegation from the Mineral Resources and Reserves Evaluation Centre of the Ministry of Land and Natural Resources (MRREC) in Beijing. South Africa’s Samcodes Standards Committee (SSC) will... 

Chinese delegation to study South Africa’s mineral codes
Photo by Creamer Media
Samcodes Standards Committee chairperson Matt Mullins

2018 ‘challenging’ for South African mining companies – PwC

By: Marleny Arnoldi     2nd October 2018 The 12 months to June 30 proved to be a challenging year for South African mining companies, in contrast with the global mining industry, which achieved a considerable improvement in financial performance compared with the prior year. PwC on Tuesday released the tenth edition of its ‘SA Mine... 

2018 ‘challenging’ for South African mining companies – PwC
PwC energy and mining assurance partner Andries Rossouw

BHP wraps up Fayetteville sale

By: Esmarie Iannucci     1st October 2018 Diversified giant BHP has completed the sale of its Fayetteville Onshore US gas assets for $0.3-billion. BHP in July announced that it had struck a deal with Merit Energy Company to divest of its interest in BHP Billiton Petroleum (Arkansas) and its membership interest in BHP Billiton Petroleum... 

Metallurgical coal miners may curb costs as prices slip – Fitch Ratings

By: Tasneem Bulbulia     28th September 2018 Strong cost inflation in the global metallurgical coal sector suggests that miners may focus on cost controls as prices decline over the next 18 months, says Fitch Ratings and CRU. CRU estimates that global costs in the metallurgical coal sector increased by 18% in 2017 and continued to rise this... 

Metallurgical coal miners may curb costs as prices slip – Fitch Ratings

Energy Fuels to start vanadium production in November

By: Marleny Arnoldi     28th September 2018 NYSE- and TSX-listed Energy Fuels expects to resume vanadium production at its White Mesa mill, in Utah, in mid-November, with saleable vanadium oxide ready by the end of December. When production starts, Energy Fuels will be the newest vanadium producer worldwide and the only primary producer... 

Lifting-equipment orders from Zambia’s Mopani Copper Mines exceed R100m – Condra Cranes

By: Nadine James     28th September 2018 Condra Cranes shipment of lifting equipment despatched in late August to Zambia-based copper mine Mopani Copper Mines has raised Condra’s order intake from Mopani to more than R100-million. Comprising one electric travelling overhead crane, 38 hoists, two large, and seven smaller, jib cranes, the... 

I-CAT partners with UP to develop localised dust suppression solution

By: Nadine James     28th September 2018 Environmental consultants and product developers I-CAT officially launched its localised dust suppression (LDS) system at Electra Mining 2018, two weeks ago. The LDS system comprises a steel structure with strategically mounted nozzles, used to encapsulate dust particles and prevent them from... 

Latest News

more

Latest Videos

more

Press Office

more

Topics In These Articles

RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Register Close