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Energy Services News

New EPA emissions rules draw mixed reactions

By: Henry Lazenby     20th September 2013 The US Environmental Protection Agency (EPA) on Friday released a set of proposed Clean Air Act standards to cut carbon pollution from new power plants in an attempt to combat climate change and improve public health, which immediately drew mixed reaction from industry participants. Under the... 

Carbon Energy to start PFS on Bloodwood Creek reserve

By: Esmarie Swanepoel     14th June 2013 ASX-listed Carbon Energy will move to a prefeasibility study of its syngas reserve at Bloodwood Creek, in Queensland, after a conceptual study identified underground coal gasification (UCG) opportunities. The conceptual study was the third phase in a process, which followed ten years of... 

Cameco Q1 profit nose-dives on lower sales, prices

By: Henry Lazenby     1st May 2013 Canadian uranium and electricity producer Cameco on Wednesday reported a 93% year-on-year drop in first-quarter profit as lower sales, lower prices and higher costs impacted on the company’s performance. Net earnings for the quarter ended March 31 were $9-million or $0.02 a share, compared with... 

Russian group planning to start uranium mining in Tanzania after granting of licence

By: John Muchira     19th April 2013 Russian company ARMZ Uranium Holding has announced plans to start uranium mining in Tanzania after being granted a licence for its Mkuju River mining project in the south of the country.  

13 First Nations and Goldcorp create new power transmission company

By: Henry Lazenby     4th April 2013 Thirteen First Nations and NYSE- and TSX-listed Goldcorp on Thursday announced they have signed an agreement formally incorporating Wataynikaneyap Power, a new company developing a transmission line that would reduce reliance on diesel and connect remote communities in north-western Ontario.... 

North America becoming big coal exporter as domestic consumption declines

By: Henry Lazenby     29th March 2013 The North American coal industry is in transition; a significant decline in domestic consumption means that it is becoming a significant exporter of the fossil fuel to emerging economies, especially those in Asia. 

Copper Fox enters into facilities study agreement with BC Hydro

By: Henry Lazenby     25th March 2013 Vancouver-based junior project developer Copper Fox Metals on Monday said it had entered into a facilities study agreement with the British Columbia Hydro and Power Authority (BC Hydro), to study what it would take to supply power to the company's Schaft Creek project. The facilities study... 

American Vanadium to transform from miner to advanced-tech purveyor

By: Henry Lazenby     16th March 2013 The developer of North America’s most significant vanadium project, American Vanadium, is considering repositioning itself from originally only being a primary high-purity vanadium producer, to being a supplier of electrolyte for use in energy storage systems, and to marketing such systems in... 

American Vanadium enters into strategic energy storage liaison

By: Henry Lazenby     19th February 2013 North America’s only vanadium mine developer, American Vanadium, on Tuesday said it had entered into a strategic association with German toolmaker and energy storage specialist Gildemeister to explore various joint venture and partnership arrangements focused on energy storage and micro-grid... 

Proposed electricity price increases could result in more restructuring

By: Natasha Odendaal     31st January 2013 The Chamber of Mines (CoM) on Thursday slammed State-owned Eskom’s proposed electricity price increase, saying that it could result in further restructuring within South Africa’s platinum and gold sectors. The rising cost of energy had already added about R7-billion to the electricity costs of... 

Rio Tinto inaugurates hydro turbine for Quebec aluminium

By: Henry Lazenby     16th November 2012 Global diversified miner Rio Tinto Alcan on Friday inaugurated its new 225 MW high-efficiency turbine at the Shipshaw hydropower plant in Saguenay, Quebec. The company said the Shipshaw hydropower plant is a key component of the Rio Tinto Alcan Saguenay-Lac-Saint-Jean hydroelectric power network,... 

Malaga places Peru plant on care and maintenance, shares dive

By: Henry Lazenby     22nd October 2012 TSX-listed miner Malaga on Monday said it had suspended production at its Peru-based Pasto Bueno tungsten mill and had placed it on care and maintenance following a power disruption. The company said the hydro-electric transmission line was accidentally severed and several transmission poles... 

GE power-conversion unit, Actom to collaborate on mining projects in Zambia, SA

12th October 2012 A recent collaboration between energy technology developer GE Energy and turnkey solutions provider Actom Industry aims to support key emerging mining projects in Africa and underscores the increasingly vital role that advanced energy technologies play in meeting the production challenges of the... 

Interaction, integration key to minimising energy consumption

By: Leandi Kolver     21st September 2012 Achieving high production throughput while simultaneously keeping energy consumption as low as possible in mining operations entails the interaction of different individuals and integration of various sub-systems within the organisation, which can be challenging, says energy management company,... 

Ncondezi Coal eyes 2017 start-up for Mozambique power project

By: Natasha Odendaal     13th September 2012 Aim-listed Ncondezi Coal on Thursday published the results of a definitive feasibility study (DFS) on a proposed 1 800 MW mine-mouth coal-fired power plant at the company’s namesake project, in the Tete province of Mozambique. Ncondezi, which earlier confirmed the economic and technical... 

New technology slashes dump treatment costs at Gold Fields’ Kloof mine

By: Nomvelo Buthelezi     8th June 2012 Mineral processing equipment manufacturer Gekko Systems recently installed its new Python dump treatment technology at Gold Fields’ Kloof gold mine. 

Kibo says MoU signed for Tanzania coal-fired power station

By: Natasha Odendaal     15th May 2012 JSE- and Aim-listed Kibo Mining said on Tuesday a subsidiary of its majority-owned Mzuri Energy has signed a memorandum of understanding (MoU) with an Asian conglomerate to develop a coal-fired power station, in Tanzania. Mzuri Coal and the Asian firm were in talks on a 250 MW to 350 MW mine... 

Tenova to give Bateman wider market presence in Chile, Australia 

By: Martin Creamer     21st February 2012 Mining project house Bateman Engineering is expected to be given a wider market presence in both South America and Australia following its acquisition by Tenova of Italy. Tenova CEO Gianluigi (Gigi) Nova reports that Tenova’s $150-million (R1.2-billion) acquisition of Bateman has already secured... 

IFM engaging with Eskom on possible power buy-back options

By: Idéle Esterhuizen     20th February 2012 London-listed International Ferro Metals (IFM) was currently engaging with State-owned power utility Eskom regarding its possible participation in an electricity buy-back programme. CEO Chris Jordaan told Mining Weekly Online that the ferrochrome producer was considering the financial impact of... 

Growing dependence on rental power

27th January 2012 Temporary power rental services company Aggreko will be exhibiting its bespoke power packages that suit a range of locations, climates and conditions at this year’s Investing in African Mining Indaba.  

South Africa mooted as platinum industry’s ‘Silicon Valley’

By: Martin Creamer     27th January 2012 South Africa’s unique opportunity in platinum-related development is beckoning. There is growing conviction that South Africa could and should become the first mover in creating a kind of ‘Platinum Valley’ that emulates the great Silicon Valley success of the US. Both big business and government... 

Tongon becomes Randgold’s first mine plugged into grid

By: Idéle Esterhuizen     20th January 2012 Africa-focused London- and Nasdaq-listed Randgold Resources’ Tongon mine, in Côte d’Ivoire, had been plugged into the national power grid, making it the first Randgold mine that does not rely on self-generated electricity, CEO Mark Bristow said on Friday. “Access to this power is a significant... 

Energy intensive users prepared to reduce demand

By: Henry Lazenby     10th January 2012 Power utility Eskom’s biggest industrial customers, mainly mining and manufacturing companies, on Tuesday indicated that they would scale down demand to prevent rolling blackouts if the country’s electricity situation deteriorated. Eskom this week cautioned that it was operating at an extremely... 

Firestone/Sekoko to streamline joint venture

By: Henry Lazenby     25th November 2011 ASX- and JSE-listed Firestone Energy on Friday welcomed a proposal from majority shareholder Sekoko Resources to more closely align the management and economic interests of the two organisations. Should the proposal be implemented, the advantages would include streamlining management,... 

Company reports earnings up, environmental results down

By: Natalie Greve     25th November 2011 Global sustainability services provider Nalco states, in its sustainability report for 2010, that the company has experienced significant growth over the 2010/11 financial year through increasing production and focusing on emerging global growth regions, but adds that its sustainability results... 

Switchgear facility to open gates to mining sector

By: Idéle Esterhuizen     28th October 2011 US industrial group General Electric (GE) expects the R10-million expansion of its energy division GE Energy’s low-voltage switchgear manufacturing centre to create the platform the company needs to extend its offering into the mining arena. 

Schneider Electric upgrades subvertical winder at Harmony Gold’s Doornkop mine

21st October 2011 Energy management specialist Schneider Electric South Africa, has been commissioned by gold producer Harmony Gold to upgrade the 106 level subvertical winder at its Doornkop mine, 30 km west of Johannesburg. 

Electrical engineering company secures large contracts

7th October 2011 Electrical engineering company Actom High Voltage Equipment has been awarded two-year frame contracts by state-owned electricity utility Eskom for new transmission and distribution equipment. 

Motors and drives specialist due to open new service and repair centre

7th October 2011 Electric motors and drives specialist company SEW Eurodrive reports that construction on its new service and repair centre, which is situated at its Johannesburg branch in Aeroton, is due to be completed this month. 

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.  

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