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Project Management News

Technology to shift project relations from adversarial to cooperative 

By: Simone Liedtke     3rd November 2017 Fluctuating global commodity demand and prices, as well as escalating geopolitical risks are causing concern among asset owners and investors, and is resulting in capital projects either being postponed or cancelled in the South African mining industry, states specialist business and project... 

Turnkey solutions provided for gold mine in East Asia

3rd November 2017 Gauteng-based mining equipment manufacturer Tech Edge Group recently supplied winches, winders and a range of ancillary products and services for a new service shaft at a gold mine in East Asia. This, the company notes, was carried out in collaboration with consultants from Australia and South... 

Turnkey solutions provided  for gold mine in East Asia
FULL TURNKEY SOLUTION Tech Edge Group offered a full turnkey solution service that included high-level design

Mechanised mining produces indirect jobs, uptake increasing

By: Victor Moolman     3rd November 2017 Despite the popular belief that the proliferation of mechanised mines in the African mining industry will lead to job losses, mechanised mining does generate new employment  opportunities, although indirectly through the maintenance, logistics, spare parts transportation, fuel requirements and... 

Mechanised mining produces  indirect jobs, uptake increasing
AUTOMATED SYSTEMS Sandvik is increasing its focus on automated mining equipment

Scarce funding necessitates effective project management

By: Simone Liedtke     3rd November 2017 The South African mining industry is not a sunset industry, but will continue its decline until there is a significant change in the relationship between industry stakeholders, such as government, labour and mining companies, states Paradigm Project Management (PPM) director Jeremy Clarke. 

Scarce funding necessitates  effective project management
Photo by Duane Daws
JEREMY CLARKE A common belief is that money should not be spent on project management

Moody's lowers Eldorado's rating outlook to 'negative'

By: Henry Lazenby     2nd November 2017 Moody's Investors Service has revised the rating outlook for Vancouver-based gold producer and project developer Eldorado Gold to negative from stable. The international advisory service has also affirmed Eldorado's B1 Corporate Family Rating, B1-PD Probability of Default Rating, and B1 senior... 

Moody's lowers Eldorado's rating outlook to 'negative'
Photo by Eldorado Gold
Eldorado's flagship Kisladag mine, Turkey

IHS Markit materials price index up 0.5% as technology leads

By: Henry Lazenby     2nd November 2017 The materials price index (MPI) from Global Insight by IHS Markit gained 0.5% over the past week, building on a 1.6% gain the previous week. The main drivers last week were technology, with IHS's computer chip-based DRAM sub-index climbing a significant 5.2%, while oil and lumber were up 1.3% and... 

Ivanhoe hits shaft-digging milestone at Platreef

By: Henry Lazenby     1st November 2017 Africa-focused megaproject developer Ivanhoe Mines has reached the 500-m level below surface, during construction of the first shaft of the Platreef platinum-group meals (PGM) project, in South Africa's Limpopo province. The 7.25-m-diameter Shaft 1, which is expected to reach the Flatreef... 

Ivanhoe hits shaft-digging milestone at Platreef
Photo by Ivanhoe Mines
Platreef's Shaft 1 sinking headgear and related surface infrastructure

IHS Markit's materials price index rises 1.6% as commodities lead the way

By: Henry Lazenby     27th October 2017 The materials price index (MPI) from Global Insight by IHS Markit gained 1.6% last week, its strongest increase since late August, breaking a two-week streak of losses, the research firm revealed on Friday. According to IHS Markit economist Cole Hassay, the expansion was broad-based, with seven... 

Influence of association grows in surface mining sector

27th October 2017 The Aggregate and Sand Producers Association of South Africa (Aspasa) says it has become a world leader in the proactive guidance and management of issues facing the surface mining industry, subsequent to gaining the recognition of its local and international stakeholders. Aspasa’s proactive... 

Influence of association grows  in surface mining sector
Photo by Bloomberg
LOOKING LOCAL Aspasa advocates the recruitmet of workers living in close proximity to mining operations

Association educates mineworkers and communities

27th October 2017 With new technologies, increasingly stringent legislation and statutory compliance matters, education has become essential in surface mining operations, says Aggregate and Sand Producers Association of Southern Africa (Aspasa) director of surface mining Nico Pienaar. Modern surface mines require... 

Association educates mineworkers and communities
NICO PIENAAR The Aggregate and Sand Producers Association of Southern Africa wants to encourage surface mine and quarry management to look beyond their boundaries

Openpit mining prolific in recovery of miner’s diamonds

27th October 2017 Openpit mining is the most common method of recovering its diamonds, says international diamond company De Beers, which operates several opencast mines in Africa, namely South Africa and Botswana. De Beers Consolidated Mines (DBCM), formed in 1888, is South Africa’s largest rough diamond... 

Openpit mining  prolific in recovery  of miner’s diamonds
ORAPA Orapa is the oldest operating mine in Botswana and the largest openpit diamond mine in the world. The mine is expected to produce 145-million carats from 157-million tonnes of ore during its 14-year life

Small-scale opencast mining to boost industry

By: Nica Schreuder     27th October 2017 For diamond mining company De Beers’ Venetia mine GM, Benford Mokoatle, opencast mining is the future, owing to changing priorities and mindsets within industry, which must occur to sustain the mining industry in South Africa. Specifically, Mokoatle says the country must begin focusing on... 

Small-scale opencast  mining to boost industry
THINK SMALL Big industries and big underground mines are too capital intensive

Openpit mine enhancing rigid dump truck performance 

By: Nica Schreuder     27th October 2017 The Tharisa openpit platinum, gold and chrome mine, in the North West, has embarked on a value-add improvement project to extend the length of oil-drain intervals on a specific fleet of rigid dump trucks (RDTs) and, subsequently, reduce downtime and save costs. The project is being led by... 

Openpit mine enhancing rigid dump truck performance
Tharisa mine technical advisor Stephen Watson discusses the benefits of extending service intervals on rigid dump trucks. Camerawork: Nicholas Boyd.

Technical report spells ‘bright future’ for Largo’s Maracás Menchen mine

By: Henry Lazenby     26th October 2017 Canadian vanadium producer Largo Resources has released the results of a National Instrument 43-101-compliant technical report for its flagship Maracás Menchen mine, in Bahia, Brazil, outlining increased value of the mine and a significantly longer mine life, based on the development of several... 

Bullish Caterpillar rebounds, beats Q3 profit, revenue forecasts

By: Henry Lazenby     24th October 2017 US industrial equipment manufacturer Caterpillar has surprised investors with a significantly higher profit for the three months ended September, as higher sales volume and its focus on cost discipline resulted in improved profit margins across the three main business segments. The Deerfield,... 

Bullish Caterpillar rebounds, beats Q3 profit, revenue forecasts

Eldorado once more pares Kisladag guidance as recoveries lag

By: Henry Lazenby     23rd October 2017 Canadian miner Eldorado Gold has once more reduced the production guidance at its low-grade, Turkey-based Kisladag mine, as recoveries continue to lag behind plan. Vancouver-based Eldorado, which also maintains equity listings on the TSX and NYSE, advised on Monday that monthly composite samples... 

Eldorado once more pares Kisladag guidance as recoveries lag
Photo by Eldorado Gold
Kisladag, Turkey

Global steel production for 9 months to Sept up 5.6% y/y

By: Anine Kilian     23rd October 2017 Global crude steel production for the first nine months of this year reached 1.27-billion tonnes – a 5.6% year-on-year increase. The World Steel Association (worldsteel) on Monday reported that Asia had produced 876.3-million tonnes of crude steel in the first nine months of this year, an... 

ECSA renews Wits School of Mining accreditation

By: Dylan Slater     20th October 2017 The accreditation of University of the Witwatersrand’s (Wits) School of Mining Engineering has been renewed for another five-year cycle by the Engineering Council of South Africa (ECSA).  

ECSA renews Wits School of Mining accreditation
CUTHBERT MUSINGWINI Renewal of the Wits School of Mining Engineering’s ECSA accreditation illustrates the high standard of the school’s standard

South Africa spending less than its peers on mining research and development

By: Mia Breytenbach     20th October 2017 While South Africa had increased its investment in mining research and development (R&D) since 2014, the country’s investment was still below that of its peers, delegates heard during a panel discussion on ‘Technological Innovation and Advancements in the Mining Industry’ at the Joburg Indaba... 

Gamsberg zinc project a thumbs up for South Africa amid investment slowdown

By: Mia Breytenbach     20th October 2017 Amid low levels of capital project activities in South Africa, the $400-million Gamsberg zinc and lead project, in the Northern Cape, has become the largest mining project under execution in the country. “Commentators have noted that this significant investment in the South African mining... 

Gamsberg zinc project a thumbs up for South Africa amid investment slowdown

BHP on track for 7% volume growth in FY18; guidance intact

By: Henry Lazenby     18th October 2017 The world’s largest mining house BHP Billiton said on Wednesday it remained on track for a 7% volume growth in the 2018 financial year, leaving its full-year 2018 guidance unaltered. The Melbourne, Australia-based miner reported its operating results for the three months ended September 30,... 

BHP on track for 7% volume growth in FY18; guidance intact

‘Digital effectiveness’ tops EY’s 2017/18 risk radar

By: Henry Lazenby     18th October 2017 Professional services firm EY Global has revealed it annual ‘Top 10 business risks facing mining and metals’ report on Tuesday, with new entry ‘digital’ topping the list of most critical risks facing the mining industry in the coming year. This year’s report has seen a reshuffling with digital... 

‘Digital effectiveness’ tops EY’s 2017/18 risk radar

Miners beware growing cyber risk

By: Henry Lazenby     17th October 2017 Cyber risk has increased in prominence on professional services firm EY’s annual ‘Top 10 business risks facing mining and metals’ report, jumping to third position from ninth in 2016. According to EY's report, which was published on Tuesday, cyber risk is an ever-growing issue – an outcome of... 

Miners beware growing cyber risk

Four mining legends to be inducted in Canada’s Mining Hall of Fame

By: Henry Lazenby     17th October 2017 The Canadian Mining Hall of Fame (CMHF) has revealed that it will induct four mining legends to its ranks early in the new year, the organisation announced on Monday. Ross Beaty, Bob Gannicott, Terry MacGibbon and Ed Thompson will be added to the group of 177 hall of famers during a ceremony to... 

Mining licence application submitted to Tanzanian govt

13th October 2017 Junior graphite developer Walkabout Resources has submitted a mining licence application to the Ministry of Energy and Minerals of Tanzania for the Lindi Jumbo mine. The application, submitted last month, was prepared in compliance with the recently promulgated amendments to Tanzania’s Mining Act... 

Zinc deficit grows 30% in first eight months of 2017; lead narrows gap – ILZSG

By: Henry Lazenby     11th October 2017 The zinc supply gap has widened by 30% year-on-year for the first eight months of this year, new data published by the International Lead and Zinc Study Group (ILZSG) shows. The Lisbon, Portugal-based organisation on Wednesday said the zinc deficit had grown from 221 000 t over the same... 

Zinc deficit grows 30% in first eight months of 2017; lead narrows gap – ILZSG

Investor appetite for mining projects can be whetted by accurate project scopes – DRA

By: Schalk Burger     10th October 2017 To attract investment, it has become necessary for organisations to complete projects under budget and well ahead of schedule, diversified engineering multinational DRA Global CEO Wray Carvelas says. While investment appetite seems to be returning to the mining sector as investors look to unlock... 

First Cobalt samples high-grade mineralisation styles among historic Cobalt Camp mines

By: Henry Lazenby     6th October 2017 Project consolidator First Cobalt has sampled high-grade mineralisation styles from several historic mines it owns in the prospective Cobalt Mining Camp, in Ontario, located about 400 km north of Toronto. The Toronto-headquartered company announced on Thursday that high-grade vein style... 

This junior miner surged five-fold on mine asset sale

By: Bloomberg     6th October 2017 West High Yield Resources, a little-known Canadian miner, surged as much as 1 000% after it said it sold a magnesium deposit to a US buyer for $750-million – or 46 times the company’s market value. West High Yield, which has no revenue, jumped five-fold in Toronto trading to close at C$2 after... 

Capital-saving solutions for crushing and screening

6th October 2017 Rising commodity prices reinvigorate the potential of new mining projects, but raising enough finance still remains a challenge; however, crushing and screening plants specialist B&E International has a toll model that reduces capital demands on mining entrepreneurs. “This concept appeals to the... 

Conveyor belt manufacturer expands national footprint

By: Marleny Arnoldi     6th October 2017 Conveyor belt manufacturer and service provider ContiTech – a subsidiary of global technology company Continental – will open two new service branches in South Africa, adding to its national service footprint.  

Conveyor belt manufacturer expands national footprint
LONG LASTING ContiTech provides a splice that can last the service life of a conveyor belt

The Krugerrand’s remarkable contribution to SA mining value-addition 

By: Ilan Solomons     6th October 2017 The gold bullion Krugerrand represents a most remarkable story from a beneficiation perspective with more than 60-million pieces sold over the past 50 years, equating to more than 1 660 t of local gold used in the process with about 25% of all South African gold sold currently in the form of... 

The Krugerrand’s remarkable contribution to SA mining value-addition
Special video report on the Krugerrand.

Serendipity smiles on Largo’s Maracás Menchen record output as vanadium price rockets 249% y/y

By: Henry Lazenby     4th October 2017 Pure-play vanadium producer Largo Resources has recorded record output of vanadium pentoxide (V2O5) produced at its flagship Maracás Menchen mine, in Bahia, Brazil, during the third quarter ended September 30. The TSX-listed company said on Tuesday the operation had produced 2 513 t of V2O5 in... 

Canadian miners commit to new actions in combat against climate change

By: Henry Lazenby     3rd October 2017 The Mining Association of Canada (MAC) has adopted 13 actions under the six policy areas proposed last year by an internal advisory body, that will help its members better fight against climate change. The MAC said on Monday that it has incorporated recommendations levelled by the association’s... 

Up, up, up. . . Soaring expectations for gas; BC energy ministry mum on oil, coal potential

By: Henry Lazenby     30th September 2017 The British Columbia government on Wednesday shared optimistic prospects for its energy sector, outlining lofty expectations for natural gas exports and the growing renewable energy sector. “The emerging renewable sector is addressing climate action and LNG has the ability to reduce dependency... 

Up, up, up. . . Soaring expectations for gas; BC energy ministry mum on oil, coal potential

Event a platform for ‘blunt debate’

By: Robyn Wilkinson     29th September 2017 Mining stakeholders from various sectors – including leaders from society, government, industry and labour – will engage in “blunt debate” about the many challenges currently facing the sector when they congregate at The Joburg Indaba 2017, says event organiser Resources4Africa CEO Paula Munsie. 

Event a platform for ‘blunt debate’
VALUABLE DEBATE With a maximum of 500 delegates, The Joburg Indaba will provide an intimate networking environment where stakeholders can openly air their views and give constructive inputs

Trust and confidence key to advancing S African mining

By: Robyn Wilkinson     29th September 2017 With uncertainty reigning in the South African mining landscape, it is imperative that the private sector maintain a positive approach to transformation, says consulting engineering and scientist firm SRK Consulting partner and principal consultant Andrew van Zyl. 

Trust and confidence key to advancing  S African mining
ANDREW VAN ZYL The mining industry needs to prioritise the rebuilding of reserves, the stimulation of new exploration and the process of consolidation

New brand to be showcased at event

29th September 2017 Mining company Sibanye-Stillwater will be showcasing its newly launched brand as a mining industry partner sponsor at The Joburg Indaba, which will be held at the Inanda Club, in Sandton, from October 4 to 5.  

New brand to be  showcased at event
Photo by Duane Daws
ALEX FENN Sibanye-Stillwater’s safe technology and innovation unit manager will discuss innovative mining safety and productivity improvement solutions at The Joburg Indaba

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