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Energy Services News

Engineering giant to establish JV and open new manufacturing facility 

     7th October 2011 Global engineering company Siemens and ASX 100-listed company Lynas Corporation signed a letter of intent earlier this year, to establish a joint venture (JV) for the production of neodymium-based rare-earth magnets. 

Energy efficiency remains industry priority

By: Sinette Goosen     7th October 2011 Electrical equipment supplier Zest Group, which is also the local branch and distributor for motor manufacturer WEG, reports that it has noticed a definite industry trend towards more energy efficient power transmission products. 

Manufacturer launches new drive

     7th October 2011 Illinois-based alternating current (ac) drives and motion control products manufacturer Yaskawa America’s Drives & Motion division launched a new A1000 variable speed drive. 

Third-party channel agreement to increase local low-voltage product presence 

By: Sinette Goosen     7th October 2011 Electrical, automation and mechanical products and equipment supplier Elquip Solutions reports it has been appointed as power and automation technology group ABB’s third-party channel, in August.  

Products introduced to reduce logistics costs

     23rd September 2011 Diversified products trader Velisa Agencies says that limiting the costs of logistics and transportation is a challenge, owing to the small gap between the price ceiling and rising costs. 

Gold miner forks out R387-million on wages each year 

By: Jonathan Faurie     26th August 2011 South African gold-mining major Harmony Gold says wages cost the company as much as R387-million a year.  

Containing costs key as double-dip worries rise

By: Jonathan Faurie     19th August 2011 Gold-mining major Gold Fields reports that containing costs will be a major priority of the company moving forward as fears of a double-dip recession gain momentum.  

BBEnergy clinches projects worth a combined R60m in first four months of operation

By: Megan van Wyngaardt     29th July 2011 Energy management company BBEnergy has been awarded four projects worth a total of R60-million within its first four months of operation. The company started operations as an independent business unit under the banner of the Bluhm Burton Engineering (BBE) group in March 2011. 

Emerging miner aiming to triple production by end of 2012

By: Jonathan Faurie     29th July 2011 Emerging coal miner Forbes Coal, which plans to list on the JSE within the next few months, reports that the company is aiming to triple its production within three years from 2010 levels.  

New water cylinders to bring power savings

By: Idéle Esterhuizen     15th July 2011 Ernest Lowe Pneumatic & Hydraulic Automation Solutions has launched a range of water cylinders for mining applications that enables significant power savings. 

Shell, enviro watchdog set to clash over plans to undertake hydraulic fracturing in the Karoo

By: Jonathan Faurie     8th April 2011 South African environmental watchdog Treasure the Karoo Action Group (TKAG) and Shell South Africa are set to clash heads over the oil company’s application to the Department of Mineral Resources to embark on a hydraulic fracturing (fracking) programme in the Karoo region of the Northern Cape,... 

Bateman Africa awarded the group's biggest-ever materials handling contract at Eskom's Kusile

By: Jonathan Faurie     11th March 2011 Bateman Africa, the empowerment arm in South Africa of the Bateman Engineering group, has received the largest materials handling project in Bateman’s history –worth R2-billion, with the award of three separate materials handling work packages from the State -owned power utility Eskom for its... 

Zim platinum miner to buy electricity directly from Cahora Bassa

By: Jonathan Faurie     25th February 2011 Zimbabwean platinum mine Zimplats, which is controlled by South African Impala Platinum (Implats), has secured a contract to purchase power directly from the Cahora Bassa dam, in western Mozambique, to drive the phase two expansion of Africa’s second biggest platinum-mining industry.  

Energy-intensive firms team up to make carbon tax input 

By: Terence Creamer     18th February 2011 Energy-intensive companies, including miners, operating in South Africa have established an ‘Industry Task Team on Climate Change’, or ITTCC, to prepare a formal response to the National Treasury’s ‘Carbon Tax Discussion Paper’, which was released for public comment on December 13, 2010 –... 

Price increases, talks with Eskom augur well for Mpumalanga mine – Continental Coal

By: Jonathan Faurie     18th February 2011 Coal-mining junior Continental Coal, which owns the Vlakvarkfontein coal project, near Oogies, in Mpumalanga, reports that the company is eyeing a bright future for the mine as coal prices increase and negotiations progress with State-owned utility Eskom to become a preferred supplier.  

Zambia’s KCM suspends operations at Nchanga smelter

By: Jonathan Faurie     4th February 2011 Zambia's Konkola Copper Mines (KCM), which is owned by Indian mining najor Vedanta Resources, has temporarily suspended operations at its Nchanga smelter because of problems with the Nchanga smelter. 

Riversdale-Tata JV to acquire 100% of Mozambique’s Benga power project

By: Jonathan Faurie     21st January 2011 Australian mining major Riversdale mining has announced that its joint venture (JV) with Indian steel producer Tata Steel will acquire 100% ownership of the Benga power project in 2011, following discussion with resources company Elgas Sarl. 

Mining industry could lead drive to reduce electricity demand – Wits professor

By: Jonathan Faurie     10th December 2010 South Africa’s oldest mining school, the School of Mining Engineering, at the University of Witwatersrand, reports that the South African mining industry, one of the major sector users of electricity, could also be the leader in reducing demand for what is becoming an increasingly expensive... 

Australia’s Bannerman to advance feasibility study into Namibian uranium project

By: Jonathan Faurie     10th December 2010 Australian emerging uranium development company Bannerman Resources has announced its plans to advance the feasibility study on its Etango uranium project, in Namibia. 

The search is on for the mine design of the future

By: Martin Creamer     10th December 2010 Large mining companies have engineers working on the mine design of the future, South African universities are laying the foundation for the training up of the next generation of mine design engineers and middle managers, and the world is looking on, to see whether mining can be made safer,... 

Metso clinches contract to maintain UAE liquid gas plant

By: Jonathan Faurie     19th November 2010 Scandinavian diversified engineering company Metso Minerals has signed an agreement with South Korea-based civil engineering company GS Engineering & Construction (GS E&C) for the supply of cryogenic and sequence valves for a Gasco-operated liquefied natural gas (LNG) plant located at... 

DoE extends IRP comment period, announced hearings schedule

By: Creamer Media Reporter      22nd October 2010 The Department of Energy (DoE) confirmed on Friday that the comment period for written submissions on the draft second integrated resource plan (IRP2010) would be extended by 30 days to December 10, 2010. It also announced that the public hearings would begin in Durban on November 26, before... 

Rand Air to set up shop in several African countries by the end of 2011

By: Jonathan Faurie     15th October 2010 South African compressor and generator hire company Rand Air, a part of the Atlas Copco group, is eyeing African expansion, which it hopes to achieve by the end of 2011. 

Paradigm shift needed in order to drive South Africa forward

By: Jonathan Faurie     8th October 2010 Mining exploration company Touchstone Resources reports that, in the light of diminishing mineral resources, South Africa needs a significant paradigm shift to drive the country forward in the future. 

More focus on premium efficiency motors

By: Natasha Odendaal     8th October 2010 Electric motor distributor Zest Electric Motors marketing and logistics manager Chris Chryssoulis says that he has noticed a growing trend in the mining industry for premium efficiency motors and the replacement of older motors with high-efficiency motors, such as Brazilian motor manufacturer... 

Coal to remain dominant power source despite moves to diversify energy mix

By: Jonathan Faurie     10th September 2010 South African coal-mining junior Keaton Energy reports that, despite Eskom’s paradigm shift to increase its supply through renewable energy sources, the South African coal market still offers significant attraction to miners. 

Compressor improves PGM recovery rate at Rustenburg mine 

By: Jonathan Faurie     16th July 2010 South African plant hire and equipment rental company Rand-Air reports that the emergency diesel compressor that was delivered to platinum group metals (PGM) miner Sylvania Metals, in Rustenburg, has significantly improved the company’s throughput. 

Burnstone gold mine project on track – CEO Dippenaar

By: Jonathan Faurie     25th June 2010 South African gold-miner Great Basin Gold is making steady progress on the delivery of capital projects at its pilot gold-mining project, Burnstone, in Mpumalanga. 

Exxaro expects to ‘wheel' electricity from four coal IPPs

By: Martin Creamer     21st June 2010 JSE-listed coal miner Exxaro expects to "wheel" power to customers from four independent power producer (IPP) coal-fired power stations at its proposed greenfield Thabametsi coal mine. "We are targeting about 1 200 MW in Thabametsi's first phase," Exxaro executive GM business growth Ernst Venter... 

Exxaro seeking to have Matla power station coal supply deal extended to 2046

By: Jonathan Faurie     18th June 2010 South African coal mining major Exxaro Resources is currently in negotiation with power parastatal Eskom over the future of the Matla coal project’s exclusive coal supply contract to the Matla power station. 

Chinese miners active globally to feed economic growth at home

By: Keith Campbell     18th June 2010 China continues to need for natural resources to feed its economic growth, which remains essential because the country is still, on a per capita basis, very poor. The country has many minerals & metals resources of its own, but many are inadequate in volume or quality or both, hence the need... 

Benga feasibility study being accelerated following 84% reserve increase

By: Jonathan Faurie     28th May 2010 The joint venture (JV) between Australian miner Riversdale Mining and Indian steel giant Tata Steel, which is developing the Benga coal projec,t in Mozambique, has fast-tracked the feasibility study to develop the project as a 20-million-ton-a-year project after an 84% increase in the project’s... 

Zimbabwe anxious to reclaim former mining glory, but obstacles remain

By: Jonathan Faurie     28th May 2010 Once viewed as ‘The Bread Basket of Africa’, Zimbabwe has had a significant fall from grace since early 2000, when hyperinflation, political instability and the total collapse of the economy deterred investors previously upbeat on opportunities in the country. 

Mining giant, energy 
supplier agree to 
review smelter 
power contracts

     21st May 2010 International resources company BHP Billiton and parastatal power utitlity Eskom have agreed to amend their current long-term negotiated pricing agreements and review the power supply agreements to BHP Billiton’s aluminium smelters in South Africa and Mozambique. The parties will now work towards... 

Copper foundry company eyeing Joburg, Toronto listings 
by next May

By: Jonathan Faurie     21st May 2010 Copper foundry, component engineering and production company Thos Begbie & Company (TB&CO) is positioning itself for a duel listing on the JSE and the Toronto Stock Exchange by May 2011. 

Mozambique President officially opens 
Benga coal mine

By: Jonathan Faurie     7th May 2010 During the first quarter of 2010, Mozambican President Armando Guebuza officially opened the Benga coal project, near Tete. 

Keaton Energy doubles Sterkfontein resource to 69 Mt, seeks court order against landowners blocking access to another project

By: Jonathan Faurie     16th April 2010 Coal-mining junior Keaton Energy Holdings (Keaton Energy) has doubled the coal resource at its Sterkfontein coal project in Mpumalanga to 69-million mineable tonnes in situ, following the conclusion of the first phase of its current drilling campaign.  

New technology to slash gold miner's energy bill by up to 70%

By: Jonathan Faurie     16th April 2010 Diversified engineering company Turbo Air will achieve a proposed maximum of 70% energy saving through the instillation of unique technology for a major gold-mining group, reports the company. The installation of the equipment is due to start in the coming weeks. 

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