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Topic

China continues to encourage foreign mining investment

By: Rebecca Campbell     22nd June 2018 In early April the People’s Republic of China established a new Ministry, that of Natural Resources (MNR). The creation of the new Ministry was part of a programme to restructure the country’s State Council (Cabinet). The MNR took over all the responsibilities of the previous (and now... 

Bell Equipment enters tipper truck market with Kamaz partnership

By: Erin Steenhoff-Snethlage     22nd June 2018 South African materials handling equipment supplier Bell Equipment has entered the Southern Africa tipper truck market through a partnership with Russian heavy duty truck manufacturer Kamaz. The new partnership was celebrated at bauma CONEXPO AFRICA 2018, held in March, in Johannesburg, where the... 

China continues to encourage foreign mining investment

By: Rebecca Campbell     22nd June 2018 In early April the People’s Republic of China established a new Ministry, that of Natural Resources (MNR). The creation of the new Ministry was part of a programme to restructure the country’s State Council (Cabinet). The MNR took over all the responsibilities of the previous (and now... 

Major graphite development shows Mozambique resource potential

By: Melissa Zisengwe     8th June 2018 Australian resources company and graphite miner Syrah Resources says the Balama graphite project is the first major resources development in Mozambique for several years, with the company, along with the Mozambique government, “demonstrating the importance of operating stability in Mozambique to... 

Energy company expects appropriate tariff from financial model review

By: Melissa Zisengwe     8th June 2018 Emerging Mozambican power development company Ncondezi Energy says the positive preliminary results from updated proposals from the engineering, procurement and construction (EPC), as well as operations and maintenance (O&M) contracts, for its integrated power and coal mine project indicate... 

Botswana central bank urges tax reform before diamonds dwindle

By: Bloomberg     4th June 2018 Botswana’s central bank has urged the government to overhaul the southern African nation’s tax regime and prepare the economy for declining contributions from diamonds. Botswana relies on the gemstones for almost a fifth of its gross domestic product and used the revenue generated from sales to... 

End of small-scale mining ban in Ghana to hamper efforts to combat illegal mining

By: Simone Liedtke     28th May 2018 The upcoming end of a ban on small-scale mining in Ghana will increase the difficulties in countering illegal mining in the country, with the practice likely to remain widespread, says research firm BMI. In turn, this will create potential risks to cocoa production and threaten social stability... 

Body calls for steering committee to ‘delve into’ alluvial diamond sector’s 15-year decline

By: Natasha Odendaal     25th May 2018 The only way to solve the rapid downward spiral of South Africa’s distressed alluvial diamond industry is to convene all stakeholders to brainstorm collaborative solutions to the challenges. The South African Diamond Producers Organisation (Sadpo), raising a red flag over the struggles of small... 

VMS Capital

25th May 2018 Johannesburg-based procurement financing specialist VMS Capital offers end-to-end optimised sourcing solutions with a keen focus on the mining, energy, agriculture, medical, chemicals and telecommunications sectors. The company’s business strategy was redefined in line with current developments... 

Indian potash imports to fall this year

By: Ajoy K Das     23rd May 2018 Indian imports of potash during the current financial year are expected to fall by 5% to 6% in the wake of a government cut in subsidies and the rapid depreciation of the local currency. According to government officials in the Agriculture Department monitoring fertiliser demand and availability... 

Australia-EU FTA an opportunity to remove tariffs on resources trade

By: Esmarie Swanepoel     23rd May 2018 The Australian resources sector has welcomed the start of free trade agreement (FTA) negotiations between Australia and the European Union (EU), with the Minerals Council of Australia (MCA) saying it would present a significant opportunity to boost trade, investment and economic engagement... 

Kropz clinches offtake from phosphates project

By: Martin Creamer     21st May 2018 Plant nutrient minerals development company Kropz, which is developing the Elandfontein phosphates mining and processing project in the Western Cape, has secured several offtake agreements ahead of production. The cornerstone offtake agreement, for about a third of its production at market prices... 

Gensource project development secured as formal offtake accord is signed

By: Henry Lazenby     19th May 2018 The development of Gensource Potash’s first 250 000 t/y production module at its Vanguard project, in Saskatchewan, is another step closer to realisation after the company announced on Friday that it has signed a definitive offtake agreement with a major North American agriculture industry... 

Expo will facilitate interaction among sectors of Zambian economy

By: Jessica Oosthuizen     18th May 2018 The Caminex trade expo, which will be held from June 5 to 7 at the Kitwe showgrounds, in Zambia, provides a platform to facilitate interaction among various sectors of the economy, says event co-organiser Specialised Exhibitions Montgomery portfolio director Charlene Hefer. “It will promote... 

OLI South Africa

18th May 2018 Making business simpler for customers, while going global with a first-class product, has proved successful in establishing industrial vibration technology company OLI as the world’s top-selling supplier of electric external motovibrators. OLI has been committed to delivering high-quality... 

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... 

ARTISANAL GOLD MINING:

By: Martin Creamer     27th April 2018 ARTISANAL GOLD MINING: Artisanal mining activity at Makala gold camp near the town of Mongbwalu in Ituri province, eastern Democratic Republic of Congo (DRC). A big part of the community programmes of some major mining companies operating in the DRC is to offer alternative livelihood... 

Sub-Saharan Africa GDP uptick predicted on stable oil and metal prices

By: Nadine James     27th April 2018 Sub-Saharan Africa’s growth is projected to reach 3.1% in 2018, and to average 3.6% in 2019/20, reports a biannual analysis of African economies conducted by the World Bank, Africa’s Pulse, which was released by the international finance organisation last week. The growth forecasts are premised... 

Morrocan king to sign trade, mining deals with Congo republic

By: Bloomberg     26th April 2018 Moroccan King Mohammed VI will sign a series of investment agreements in a visit to Congo Republic this weekend, Environment & Tourism Minister Arlette Soudan-Nonault said. Mohammed will travel to the Central African nation for an April 28 summit of leaders to discuss the Congo Basin Blue Fund,... 

Gupta-owned mines' rehabilitation fund case postponed

By: News24Wire      20th April 2018 An urgent court application by the Gupta-owned Optimum and Koornfontein coal mines to reclaim rehabilitation funds worth over R1.7-billion, has been postponed. The money was seized by the National Prosecuting Authority's (NPA) Asset Forfeiture Unit. Trustees of the rehabilitation funds controlled... 

Glencore releases all-embracing 117-page sustainability report

By: Martin Creamer     16th April 2018 One of the strategic priorities of diversified mining and marketing company Glencore is to invest in community initiatives that deliver sustainable socioeconomic benefits, the London- and Johannesburg-listed company states in today’s 117-page Sustainability Report 2017, which emphasises the... 

Glencore is losing billionaire allies to Trump's sanctions

By: Bloomberg     12th April 2018 The reach and power of US sanctions are hemming in the world’s largest commodity trader. In just four months, Glencore chief Ivan Glasenberg has lost two of his closest business allies as President Donald Trump’s aggressive foreign policy hits home, forcing him to cut ties with billionaires Oleg... 

Embattled EPA chief's calendar shows industry had his ear

By: Reuters     9th April 2018 US Environmental Protection Agency administrator Scott Pruitt held 25-times more meetings with industry representatives than environmental advocates during his first seven months in office, according to a Reuters analysis of his schedule, reflecting the agency's pro-business approach under his... 

Plug-and-play IoT edge gateway launched for industry, mining

By: Schalk Burger     6th April 2018 Information technology (IT) hardware multinational DellEMC and local Internet of Things (IoT) developer IoT.nxt have launched an edge computing device, called the Raptor, which enables businesses to deploy an IoT network in their operational environments to integrate existing sensors and... 

Gensource inks second offtake accord with potash major

By: Henry Lazenby     27th March 2018 Potash project developer Gensource Potash has secured a second potash offtake deal in a week with a hitherto unnamed senior North American agriculture industry player. Saskatoon, Saskatchewan-based Gensource said on Tuesday that the nonbinding memorandum of understanding (MoU) contemplates the... 

Plug-and-play IoT edge gateway launched for industry, mining

By: Schalk Burger     27th March 2018 Information technology (IT) hardware multinational DellEMC and local Internet of Things (IoT) developer IoT.nxt have launched an edge computing device, called the Raptor, which enables businesses to deploy an IoT network in their operational environments to integrate existing sensors and... 

On-The-Air (09/03/2018) 

By: Martin Creamer     9th March 2018 Black-led mining company Exxaro is negotiating the launch of a Fourth Industrial Revolution technology business with a global know-how partner; Germany's tough court ruling against diesel pollution looks like being a blessing in disguise for South Africa's struggling platinum industry. Palladium... 

Transnet rejects claim of no significant mining-linked rail and port investment in 15 years

9th March 2018 Anglo American South Africa deputy chairperson Norman Mbazima argues that a revitalisation of South Africa’s rail and port networks will be key to ensuring a recovery in mining investment. Speaking at the Investing in African Mining Indaba, he lamented that he had not seen any significant rail... 

Transnet rejects claim of no significant mining-linked rail and port investment in 15 years

9th March 2018 Anglo American South Africa deputy chairperson Norman Mbazima argues that a revitalisation of South Africa’s rail and port networks will be key to ensuring a recovery in mining investment. Speaking at the Investing in African Mining Indaba, he lamented that he had not seen any significant rail... 

Thermoplastic valves lightweight and cost saving

By: Marleny Arnoldi     9th March 2018 Where steel valves do not meet mines’ process requirements, engineering consumables and components distributor BMG says thermoplastic valves, such as those of UK-based manufacturer SAFi Thermoplastic Valve Solutions (SAFi), can be offered instead.  

Trump says trade wars 'aren't so bad' in answer to Europe threat

By: Bloomberg     7th March 2018 President Donald Trump reiterated his commitment to slapping tariffs on steel and aluminum, dismissing concerns about a global trade war and saying the US has suffered from poor trading conditions with other nations, including those in the European Union. Just hours later, White House economic... 

Pushback on Trump tariffs gathers steam, Mexico rejects bid to split NAFTA

By: Reuters     6th March 2018 Republican lawmakers stepped up calls for President Donald Trump to pull back from proposed tariffs on steel and aluminium imports as key trading partner Mexico rejected a bid by Washington to drive a wedge between it and Canada in talks to renegotiate the North American Free Trade Agreement.... 

Africa’s leading industry trade fair prepares to open its doors

By: Creamer Media Reporter      6th March 2018 The countdown has begun: bauma CONEXPO AFRICA opens its doors for the third time in one week. The largest trade fair for construction machinery, building material machines, mining machines and construction vehicles in Africa continues to attract international participation, highlighted by four... 

Trump says US to impose steep tariffs on steel, aluminium imports

By: Reuters     2nd March 2018 US President Donald Trump announced on Thursday he would impose hefty tariffs on imported steel and aluminium to protect US producers, risking retaliation from major trade partners like China, Europe and neighbouring Canada as well as helping to trigger a large selloff on Wall Street. Trump said... 

MTE celebrates 25 years of success

By: Nadine James     2nd March 2018 Travelling exhibition specialist MTE celebrates its twenty-fifth anniversary this year, and the company – founded by Tony Wightman in 1993 – owes its success to its deep engagement with the mining industry, subsequently enabling MTE to establish long-standing relationships with mines and... 

Ramaphosa announces sweeping Cabinet changes

26th February 2018 President Cyril Ramaphosa’s statement outlining changes to the National Executive. 

Ian Harebottle

By: Martin Creamer     23rd February 2018 This week Mining Weekly features Ian Harebottle, the CEO-designate of Kropz, the phosphates exploration and mining company active on South Africa's West Coast 

Mining sector unloved as investors find it hard to trust

By: Reuters     17th February 2018 Investors are shunning the mining sector, data from Thomson Reuters shows, as they struggle to forget the string of multi-billion dollar takeovers and expensive development projects that left them empty handed. A decade-long commodity boom coincided with years of economic growth when China took... 

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