http://www.miningweekly.com
R/€ = 16.89 Change: -0.07
R/$ = 14.39 Change: -0.07
Au 1196.72 $/oz Change: -11.50
Pt 824.50 $/oz Change: -12.49
 

Diversified Miners News

Glencore completes Hunter Valley acquisition

By: Marleny Arnoldi     4th May 2018 Diversified miner Glencore on Friday completed the acquisition of a 49%-interest in the Hunter Valley Operations coal mine in New South Wales.  

Glencore's Congo mining conundrum

By: Reuters     4th May 2018 Miner and commodities trader Glencore is embroiled in a legal tangle over its copper and cobalt operations in Democratic Republic of Congo, where conflict and changes to regulations have deterred many mining firms. US sanctions on Glencore's former Israeli partner in Congo have been a trigger for... 

BP said to tap Morgan Stanley as it weighs buying BHP assets

By: Bloomberg     4th May 2018 BP is weighing an acquisition of some of BHP Billiton’s energy assets as the British oil major seeks more US shale, according to people familiar with the matter. The London-based company is working with Morgan Stanley to advise on the plans, said the people, asking not to be identified as the... 

Sustainable solutions possible for AMD treatment

By: Erin Steenhoff-Snethlage     4th May 2018 Multidisciplinary engineering consultancy WSP Africa states that while acid mine drainage (AMD) decant in the Witwatersrand gold fields and surrounds should be dealt with urgently, there is no company large enough to start a large-scale water rehabilitation programme. “The Witwatersrand gold... 

Sustainable solutions  possible for AMD treatment
Photo by Creamer Media
TACKLING ACID MINE DRAINAGE Acid mine drainage is one of the single most significant threats to South Africa’s environment and needs to be urgently addressed

Integrated Pump Rental evolves business model for water management

By: Erin Steenhoff-Snethlage     4th May 2018 In reaction to the changing dewatering needs of local mines, South African pumps rental company Integrated Pump Rental (IPR) is evolving its service offering towards a full dewatering solution by introducing a stainless steel range of mine water pumps, and dewatering products. “There is a big... 

Integrated Pump Rental evolves business model for water management
DREDGING SOLUTION The SlurrySucker operates from the top of the water surface and sucks silt from the bottom of the processing pond

New pumping system to dewater deep mine shafts

By: Erin Steenhoff-Snethlage     4th May 2018 Centurion-based, family owned, pumping solutions provider Hazleton Pumps has patented a new pump technology that will dewater deep-level mine shafts more efficiently. The Hippo high head series submersible slurry pump system can remove acid mine drainage (AMD) water from flooded mine shafts in a... 

Weir Minerals Africa to tackle mine dewatering using new model

By: Erin Steenhoff-Snethlage     4th May 2018 Mine dewatering equipment supplier Weir Minerals Africa is exploring enhanced holistic measures to tackle mine dewatering in Africa. The company, a subsidiary of Scottish engineering company Weir Group PLC, has long provided the global and local mining and industrial sectors with sustainable and... 

Weir Minerals Africa to tackle mine dewatering using new model
PUMP IT The Multiflo pontoons offer an integrated solution incorporating Linatex hoses, Isogate valves and Warman dewatering pumps

Company invests in training to bridge skills gap in minerals processing

By: Donald Makhafola     4th May 2018 Minerals processing specialist Multotec spent more than R10-million on education and training development in 2017, while an additional R2-million was spent on the newly built, state-of-the-art training centre in Spartan, Kempton Park, says COO Jannie de Jonge. De Jonge says Multotec has “invested... 

Company invests in training to bridge skills gap in minerals processing
SPECIALISED TRAINING Multotec's state-of-the-art training centre in Spartan, Kempton Park

Expansion at Zim’s Blanket gold mine to increase production by 45% to 80 000 oz/y in next three years

By: Mia Breytenbach     4th May 2018 Mining, exploration and development company Caledonia Mining believes that its Blanket gold mine in Zimbabwe will achieve continued record production in future, owing to the company’s drive for expansion, says Caledonia Mining corporate development and investor relations VP Maurice Mason. The... 

Expansion at Zim’s Blanket gold mine to increase production  by 45% to 80 000 oz/y in next three years
WINDOW OF OPPORTUNITY Caledonia Mining’s plan to extend the depth of the Central shaft by 250 m to 1 330 m will create an additional two levels, which will increase mining flexibility

3M showcases products that can be used in the fight against TB

By: Nadine James     4th May 2018 Mining solutions manufacturer 3M’s Live Life Breathe campaign intensified last month, when the company presented its message of tuberculosis (TB) eradication to the Women in Mining South Africa (WIMSA) organisation –  an organisation which 3M believes represents “South Africa’s industrial heart.”... 

Anglo Coal boss urges industry to ensure mining-affected communities ‘feel they are better off’

By: Nadine James     4th May 2018 Anglo American Thermal Coal South Africa CEO July Ndlovu warned delegates at the 2018 Coalsafe conference that the industry had to deal with community uprisings, or “risk facing another Marikana”. During his keynote address at the April 19 event, Ndlovu noted that in the three months preceeding... 

Mineral-rich developing countries urged to have ‘more beneficial engagements’ with China

By: Nadine James     4th May 2018 South Africa and other mineral-rich developing countries with close economic links to China must reassess their trade policies to provide a buffer against fluctuating commodity demand, according to Witwatersrand University School of Mining Engineering postgraduate student Peaceful Mathebula and... 

Aussie mines cashing in as Chinese enviro crackdown shifts demand to high-grade iron-ore

By: Esmarie Swanepoel     4th May 2018 A renewed focus on environmental reforms and the accelerated restructure of its steel industry has resulted in a shift change in China’s iron-ore demand, with high-grade ores being given preferential treatment over their low-grade counterparts. The Australian Department of Industry, Innovation... 

Aussie mines cashing in as Chinese enviro crackdown shifts demand to high-grade iron-ore

Training needs to match high-tech demands

By: Donald Makhafola     4th May 2018 The fast-changing world of technology could be a significant challenge in the global mining industry in ensuring that graduates are equipped with the relevant skills and training to meet the changing demands of the Fourth Industrial Revolution, says the University of Witwatersrand‘s (Wits’)... 

Training needs to match high-tech demands
Photo by Creamer Media
HIGH TECH The University of the Witwatersrand School of Mining Engineering digital mining tunnel is part of the industry's initiatives to provide training in high technology

YPC promotes mining, metallurgy studies to learners

By: Donald Makhafola     4th May 2018 The Southern African Institute of Mining and Metallurgy (SAIMM) junior organisation the Young Professionals Council (YPC) is campaigning to attract high school learners to the mining and minerals industry, as well as influencing institutions of higher education to nurture students to successfully... 

MQA plans to review and develop 50 learning programmes

By: Donald Makhafola     4th May 2018 The Mining Qualifications Authority (MQA) has set a target to review and develop a total of 50 learning programmes in the 2018/19 financial year to remain at the cutting edge of new technology and skills development in the mining and mineral sector, in line with 2017/18 Sector Skills Plan (SSP).... 

MQA plans to review and develop 50 learning programmes
TEBOGO MMOTLA The Mining Qualifications Authority encourages mining companies to work in partnership with the training providers and public institutions to share skills, as well as best industry practice

Gold demand slows as investors grapple with unpredictable macroeconomic factors

By: Nadine James     3rd May 2018 Lacklustre investor performance, stemming from investors’ decision to embrace a “wait and see” approach in light of geopolitical uncertainty muddying growth and market outlooks, has contributed to soft first-quarter gold demand, the World Gold Council (WGC) reports. The WGC’s ‘Demand Trends’... 

 Gold demand slows as investors grapple with unpredictable macroeconomic factors

Hudbay posts wider profit

By: Henry Lazenby     3rd May 2018 Base metals producer Hudbay Minerals has reported a strong 314% improvement in first-quarter net profit to $41.4-million, or $0.16 a share, which came in below average analyst estimates of $0.18 a share. Revenues for the period grew nearly 50% to $386.66-billion, the Toronto-based company... 

Feasibility into zinc smelting, refining in Northern Cape

By: Martin Creamer     2nd May 2018 A feasibility study into the development and construction of a zinc smelter-refinery complex in the Northern Cape is under way, London-listed India-based Vedanta subsidiary Vedanta Zinc International (VZI) said on Wednesday. This is the latest step in the unfolding of what is envisaged as a major... 

Feasibility into zinc smelting, refining in Northern Cape
Photo by Creamer Media
Zinc project at Gamsberg, Northern Cape.

Kibo Mining issues 8.3m shares in settlement to Sanderson Capital Partners

By: Marleny Arnoldi     2nd May 2018 Aim- and AltX-listed energy and resources company Kibo Mining on Tuesday issued 8.3-million new shares, valued at €0.015 a share, to Sanderson Capital Partners as a partial settlement on the $568 712 drawn down under a December 2016 forward payment facility.  

PTM amends LMM loan facility

By: Simone Liedtke     2nd May 2018 Liberty Metals and Mining (LMM) and Platinum Group Metals (PTM) have agreed to amended credit terms for an existing secured loan facility. The amended terms include an agreement that PTM must raise a minimum of $20-million in subordinated debt and/or equity before May 15. 

ASIC launches more allegations against Rio

By: Esmarie Swanepoel     1st May 2018 The Australian Securities and Investment Commission (ASIC) has expanded its legal proceedings against mining major Rio Tinto an its former CEO Tom Albanese and former CFO Guy Elliott. ASIC in March launched legal action in the Federal Court against the company, Albanese and Guy, in relation to... 

Northwest Territories gets shortest end of straw as mining boosts Nunavut, Yukon economies

By: Henry Lazenby     1st May 2018 A lack of new mining projects in the development pipeline of Canada’s Northwest Territories (NT) is threatening to derail the region’s economic growth outlook, the latest ‘Territorial Outlook’ by The Conference Board of Canada (CBoC) has found. The independent Ottawa-headquartered think tank... 

Captive Canadian miners decry minister’s move on Bill C-49

By: Henry Lazenby     30th April 2018 Canadian miners are voicing frustration and concern over the federal government’s removal of a Senate amendment relating to final offer arbitration (FOA), and with its modification of an amendment giving the Canada Transportation Agency own-motion power, in Bill C-49 – legislation that amends the... 

Kubayi-Ngubane to unveil Mandela Mining Precinct

By: Nadine James     30th April 2018 Science and Technology Minster Mmamoloko Kubayi-Ngubane will deliver the keynote address at the launch of the Mandela Mining Precinct, a Mining Phakisa initiative aimed at reviving South Africa’s flagging mining sector, on May 4. The Mandela Mining Precinct is aimed at supporting local... 

Kubayi-Ngubane to unveil Mandela Mining Precinct
MMAMOLOKO KUBAYI-NGUBANE The minister will be joined by the Ministers of Mineral Resources, Trade and Industry and Planning, Monitoring and Evaluation

Discounts on professional fees a looming issue

By: Jessica Oosthuizen     27th April 2018 The issue of discounting the professional fees of consulting engineers, driven by public sector and private sector clients alike, is plaguing the sustainability of the consulting engineering industry, says voluntary association Consulting Engineers South Africa (Cesa) CEO Chris Campbell. “Would... 

Discounts on professional fees a looming issue
Photo by Knight Piésold Consulting
MINING OPTIMISATION Consulting engineers try to minimise the mining client’s total cost of ownership in the mining investment

New approach to outsourcing

By: Melissa Zisengwe     27th April 2018 With local and global mining companies operating under continuous pressure to consistently deliver on operational targets, save costs and sustain profitability amid an age of smart business and regulatory uncertainty, local technical services provider Ukwazi is offering a turnkey outsourced... 

New approach  to outsourcing
JACO LOTHERINGEN Outsourcing technical services to companies such as Ukwazi ensures that the technical team is part of a revenue centre

New JV to lead to structured services solutions

By: Jessica Oosthuizen     27th April 2018 The joint venture (JV) between Stefanutti Stocks Mechanical – part of construction group Stefanutti Stocks – and Australian industrial services operation the Dawsons Group of Companies is “ground-breaking and a first for the pan-African mining sector”, says Stefanutti Stocks Mechanical MD Marius... 

New JV to lead to structured services solutions
MARIUS BOTES This dynamic joint venture will be a game-changer for the future of mining in Africa

Stagnant mining industry detrimental to consulting engineers

By: Jessica Oosthuizen     27th April 2018 The local mining industry is “almost dormant” and it is having a knock-on effect on consulting engineers, leaving them with little in the way of projects, says industry body Consulting Engineers South Africa (Cesa) CEO Chris Campbell. Many consulting engineers servicing the mining industry are... 

Stagnant mining  industry detrimental  to consulting engineers
CHRIS CAMPBELL The current state of the industry has mostly been brought on by the debacle surrounding the Mining Charter

Uncertainty remains in mining industry, technology transformation arising

By: Jessica Oosthuizen     27th April 2018 Recent changes in political leadership suggest that the South African mining industry may be moving towards a clearer operating framework but much uncertainty remains, says consulting engineering and science company SRK Consulting partner and principal consultant Andrew van Zyl. “This uncertainty... 

Uncertainty remains in mining industry, technology transformation arising
INNOVATION IMPERATIVE Innovative thinking must be embedded into all specialist disciplines of consulting engineering so that the full benefit of modern invention can be applied

‘Toolbox’ helps Harmony Gold improve environmental management

By: Mia Breytenbach     27th April 2018 JSE-listed Harmony Gold Mining (Harmony) has improved its environmental management through the implementation of a system that centralises the company’s environmental data. The system, named Management Toolbox (MTB), facilitates the capturing of environmental data, the storing of related source... 

Mandela Mining Precinct to produce next gen mining equipment

By: Nadine James     27th April 2018 The Mandela Mining Precinct’s primary objective is to drive research, development and innovation and the investment therein, and it is extremely important, in terms of the local industry’s sustainability, that the next generation of mining equipment is developed by indigenous South African... 

Mandela Mining Precinct to produce next gen mining equipment
Photo by Dylan Slater
BRAINSTORMING The Mandela Mining Precinct’s research and development workstreams are tackling challenges pertaining to dilution, narrow seams, and hard rock mining

Mandela Mining Precinct seeks to safeguard jobs, says Chamber of Mines

By: Nadine James     27th April 2018 The Chamber of Mines (CoM) is excited about the launch of the Mandela Mining Precinct, which seeks to preserve jobs while creating new skilled positions through its support, research, industrial and sustainable development initiatives for the local mining sector, says CoM senior executive:... 

Mandela Mining Precinct seeks to safeguard jobs, says Chamber of Mines
SIETSE VAN DER WOUDE Industry has to address needs pertaining to the skills, health, safety and personal fulfilment of workers, while ensuring that mining operations become more efficient, and profitable

2015 Mining Phakisa birthed Mandela Mining Precinct

By: Nadine James     27th April 2018 The Mandela Mining Precinct, as one of the key initiatives that resulted from the 2015 Mining Phakisa, is important in terms of developing new mining technologies that support the sustainability, efficiency, and longevity of the South African mining industry while simultaneously catalysing... 

2015 Mining Phakisa birthed Mandela  Mining Precinct
JEFF RADEBE AND RUDI DICKS The Mining Phakisa was a government initiative led by the Presidency aimed at developing a shared vision and growth strategy for the long-term development and transformation of the mining sector

Manufacturing capability to underpin SA’s reindustrialisation 

By: Nadine James     27th April 2018 Mining capital goods industrial cluster, the Mining Equipment Manufacturers of South Africa (MEMSA), funded by its members and the Department of Trade and Industry (the DTI), aims to harness the collective capability of South African capital equipment manufacturers for the development of a world... 

Manufacturing capability to underpin SA’s reindustrialisation
MEMSA chairperson Freddy Mugeri discusses the activities and objectives of both MEMSA and the Mandela Mining Precinct. Camerawork and Editing: Nicholas Boyd.

Aluminium bears on treacherous ground as supply shocks continue

By: Bloomberg     26th April 2018 One of the few hedge funds to survive the downswing in the commodity supercycle has a lesson for traders trying to navigate whipsawing aluminium prices: go short at your peril. While supply fears faded this week after the US eased sanctions against United Co Rusal, traders should be alert to the... 

Online submission streamlines application procedure for water licences

By: Nadine James     26th April 2018 The process for water use licence applications (WULAs) is improving as a result of an online system being put in place by the Department of Water and Sanitation (DWS), according to SRK Consulting principal environmental scientist Jacky Burke. Burke, the leader of SRK’s WULA Group, hosted a... 

Drones being used to map underground areas, saving time and improving safety

By: Nadine James     26th April 2018 It is inevitable that advancement in robotics, the Internet of Things and Artificial Intelligence, would impact on the mining survey industry, says surveyor Johan Weakley. He explains that, through the collaboration of Canadian geotechnical solutions provider Clickmox Solutions and Swedish drone... 

Drones being used to map underground areas, saving time  and improving safety
TILT RANGER The underground mobile scanning system is the first of its kind available in Africa, and is distributed through Mining Technology Suppliers

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
Close