R/€ = 14.20 Change: 0.00
R/$ = 11.57 Change: -0.02
Au 1328.95 $/oz Change: -0.15
Pt 997.00 $/oz Change: 1.20


Century Aluminum CEO: will recall workers if Trump imposes tariffs

By: Reuters     23rd February 2018 The main US producer of high-purity aluminium used in military aircraft is poised to begin restarting idled production lines at its smelter in eastern Kentucky and recall some 350 workers if President Donald Trump imposes aluminium import curbs. Century Aluminum CEO Michael Bless told Reuters on... 

Japan's steel industry urges Trump to make careful trade decision

By: Reuters     19th February 2018 Japan's steel industry said on Monday the US Commerce Department proposal to President Donald Trump to impose curbs on steel imports violate the principles of free trade, calling for Washington to make a careful and appropriate decision. The US Commerce Department recommended on Friday that Trump... 

Leading aerospace group offering services and products to mining

By: Rebecca Campbell     16th February 2018 European-based aerospace and defence group Airbus used the opportunity presented by the recent 2018 Mining Indaba in Cape Town to present its products and services that are relevant to the international mining industry. Systems originally developed for security and intelligence missions can be... 

Trump weighs tariffs, quotas on US steel, aluminium imports

By: Reuters     14th February 2018 US President Donald Trump said on Tuesday he was considering a range of options to address steel and aluminium imports that he said were unfairly hurting US producers, including tariffs and quotas. Trump's comments - his strongest signal in months that he will take at least some action to... 

Electric cars and niche metals lure cash back to African mines

By: Bloomberg     2nd February 2018 Rising commodity prices may have revived enthusiasm for African resources, but it’s unlikely to be the old mainstays of coal and iron ore pulling crowds next week as the mining industry meets in Cape Town. The electric-vehicle boom and shifting industrial demand have transformed formerly niche... 

TLT MechCaL Becomes Global Composites Centre of Excellence

     1st February 2018 Historically known for their highly innovative use of composites in manufacturing mining and industrial ventilation fans, TLT MechCaL has been named as the Composites Centre of Excellence for the global TLT brand by TLT-Turbo GmbH – a move that has the potential to put South Africa’s composites... 

Gruyere construction nearly one-third complete

By: Creamer Media Reporter      18th January 2018 The Gruyere gold project, which Australian junior Gold Road and South African major Gold Fields are building in a 50:50 joint venture near Laverton, Western Australia, is advancing according to schedule. With early works at Gruyere having started in December 2016, construction has now been in... 

Zwane must be probed on State capture and Gupta relations – DA 

By: News24Wire      1st November 2017 There are enough grounds to establish an ad hoc committee of inquiry into Mineral Resources Minister Mosebenzi Zwane’s relationship with the Gupta family and allegations of State capture, said James Lorimer from the Democratic Alliance (DA). Speaking to journalists after a meeting of the... 

Mining-focused drone data service company gets Ghana licence

By: Dylan Slater     29th September 2017 Drone data service provider Rocketmine has received the first commercial remotely piloted aircraft system operating certificate (ROC) in Ghana.  

SOFC and Thermal Spray, General.

     6th September 2017 R. Hinckley Solid Oxide Fuel Cells (SOFC), and hybrid electrical generation systems based upon this technology offer the potential for highly efficient utilization of abundant natural gas resources.  Projected efficiency for SOFC-based systems for electrical power generation could reach as high... 

Spectrem Air

     1st September 2017 With a DC3 fixed-wing aircraft and range of airborne geophysical equipment, including its Squid magnetic gradiometer sensor, Johannesburg-based airborne geophysics technology provider Spectrem Air is well equipped to deliver integrated three-dimensional (3D) solutions for geological mapping;... 

SOFC and Thermal Spray, General.

     29th August 2017 R. Hinckley Solid Oxide Fuel Cells (SOFC), and hybrid electrical generation systems based upon this technology offer the potential for highly efficient utilization of abundant natural gas resources.  Projected efficiency for SOFC-based systems for electrical power generation could reach as high... 

Company catches wave of renewed Aussie exploration

By: Marleny Arnoldi     11th August 2017 Johannesburg-based airborne geophysics technology provider Spectrem Air will later this month explore 6 000 km2 for an Australian mining company in Western Australia using its airborne geophysics SPECTREMPlus system.  

Manganese makes list of key tech metals heading for short supply

By: Martin Creamer     11th July 2017 Nothing can stop the proliferation of iPhones, solar panels and Teslas, except perhaps a shortage of key natural resources, comments the latest Fortune magazine, which puts manganese from South Africa on the list of crucial technology metals needed in the US. Fortune’s world map showing the... 

Anglo’s Amandelbult complex mulling use of drones to curb theft

By: Dylan Slater     23rd June 2017 Theft at Anglo American Platinum’s (Amplats’) Thabazimbi-based Amandelbult complex, in Limpopo, is a major issue for the miner, which is weighing up the benefits of employing a sophisticated drones solution to detect and deter criminal activity.  

Arconic opens door to Elliott deal with offer of two board seats

By: Bloomberg     25th April 2017 Arconic broached a potential compromise in a bruising proxy battle with Elliott Management, saying it would be willing to hand over two of the four board seats sought by billionaire Paul Singer’s New York hedge fund. The Arconic board will “promptly appoint” two of Elliott’s candidates if they... 

Geospatial surveys the solution to map West Africa

By: Johane Turkstra     14th April 2017 Airborne geophysics can cost effectively uncover valuable metal deposits in largely underexplored West Africa to allow for growth in the region’s mining sector, airborne electromagnetic technology pioneer Spectrem Air geophysics manager Dr David Khoza tells Mining Weekly. “Countries like Ghana,... 

Stillwater transaction to test Trump team’s appetite for China deals

By: Bloomberg     10th April 2017 Even as President Donald Trump and President Xi Jinping of China met for the first time to try to sort out their complex relationship, Trump’s administration is reviewing attempts by China to buy sensitive US companies and in one case is actively trying to thwart a deal. The Trump administration... 

Canadian client, local manufacturer sustain 17 yr relationship

     3rd February 2017 Crude oil and natural gas producer Canadian National Resources (CNR) will send two Hippo 350 kW medium-voltage submersible slurry pumps to South African pump  manufacturer Hazleton Pumps for repair and upgrade later this month. The pumps, used to pump liquids containing solids contaminated with... 

S African company taking ‘next big step’ in airborne geophysics  

By: Robyn Wilkinson     27th January 2017 Airborne electromagnetic technology pioneer Spectrem Air, together with mining majors and main shareholders Anglo American and De Beers, is developing a superconductor magnetic gradiometer, known as Squid, that will greatly enhance the capability of the sensors used in airborne geophysical surveys. 

New charter helicopter to service remote mining areas

By: Robyn Wilkinson     27th January 2017 Business aviation organisation ExecuJet Africa will use the 2017 Investing in African Mining Indaba, in Cape Town, to launch its new service offering – a VIP-configured Bell 407 charter helicopter, which will operate from the company’s fixed-base operator facility in Cape Town. 

Geoscience BC gets C$10m boost, publishes its largest geophysical survey

By: Henry Lazenby     26th January 2017 The British Columbia government has made C$10-million in funding available over two years to further support its work encouraging mineral, coal, and oil and gas exploration investment in the province, Premier Christy Clark announced this week at the Association for Mineral Exploration’s Roundup... 

Company looks back on its first decade, upbeat about future fortunes 

By: Ilan Solomons     20th January 2017 South African geospatial solution and aerial survey company Southern Mapping celebrated its tenth anniversary last month, reflecting on its many achievements while outlining its aims for the future. “Our aim is to remain the leader in the field of aerial surveying airborne remote sensing and... 

Zim gold producer claims ownership of cargo on crashed plane

By: News24Wire      13th January 2017 A leading gold producer, developer and explorer in southern Africa, Metallon Corporation, has claimed ownership of the gold that was being transported by a private plane that crash-landed in southern Zimbabwe on Tuesday, putting to rest speculation that the mineral was being smuggled out of the... 

Adani promises no foreign workers at Carmichael

By: Esmarie Swanepoel     6th December 2016 Indian major Adani has endeared itself to Queensland communities after vowing to source the workforce for its proposed A$21.7-billion Carmichael coal and rail project from regional Queensland, and to not use foreign workers on 457 visas. Premier Annastacia Palaszczuk said Adani had also... 

Arconic slips, Alcoa gains in market debut; Moody’s downgrade for both

By: Henry Lazenby     2nd November 2016 The equities of spun-out companies Alcoa Corp and Arconic Inc officially started trading on the NYSE on Tuesday, charting divergent trajectories and compounded by ratings agency Moody’s Investors Service downgrading the companies' ‘corporate family’ and ‘probability of default’ ratings by one... 

Greater urgency needed in adopting mechanisation in South Africa

By: Aarifah Nosarka     28th October 2016 For the local mining industry to ensure its sustainability, the industry needs to accelerate the rate at which it is adopting new technology, mechanical engineering consultant CMTI Consulting MD Dr Danie Burger tells Mining Weekly. “The transitioning of mines to greater mechanisation and... 

Geoscience BC opens door to small-time project generator

By: Henry Lazenby     15th October 2016 A British Columbia-focused gold explorer has staked several claims and conducted sampling exercises as a direct consequence of nonprofit organisation Geoscience BC unveiling data early this year from the first phase of a systematic geomagnetic survey for the mapping of the province's public... 

Alcoa stocks close down sharply on missed Q3 profit, lower prices

By: Henry Lazenby     12th October 2016 The NYSE-listed stock of US lightweight alloys specialist Alcoa on Tuesday closed down 11.42% at $27.91 apiece after the company reported third-quarter results falling short of analyst expectations. Despite reporting higher a net profit of $166-million, or $0.33 a share, which was a marked... 

Alcoa’s last earnings call before split to tout parts prospects

By: Bloomberg     10th October 2016 Alcoa's chief has one more chance to show investors why he’s unchaining the company’s parts businesses from its legacy metal-making operations, even as a slowdown in the aerospace industry threatens to undercut the move. On Tuesday, Chief Executive Officer Klaus Kleinfeld delivers the last... 

On-The-Air (07/10/2016) 

By: Martin Creamer     7th October 2016 The ANC made a strong call at this week’s Joburg Indaba for the firming up of a 2030 vision for the South African mining industry; Yet another project is on the cards for the recovery of gold from old Golden City mine dumps; and Proudly South African locally designed aircraft will start coming of... 

New explorer Ocean Minerals to look offshore Cook Islands for REEs

By: Henry Lazenby     29th September 2016 Recently formed US-based exploration company Ocean Minerals is heading to the exclusive economic zone of the Cook Islands, in the Southern Pacific, to look for rare earth elements (REEs) and scandium on the deep ocean floor. The Houston, Texas-based company on Wednesday joined the likes of... 

Collusion, price fixing flagged as potential problem areas for mining sector

By: Dylan Slater     9th September 2016 According to tax, assurance and advisory services firm BDO South Africa (BDO SA), the prevalence of collusion and price fixing practices, as well as the cartel behaviour, is rising and may soon, if not already, have effected role-players in the mining industry.  

Minerals processing technology developments at Derrick discussed

     26th August 2016 True to its commitment to continuous innovation, US family-owned group Derrick Corporation has several new product developments up its sleeve, most notably a super stack sizer, which is currently undergoing plant trials. 

Drones offer significant benefits for mine surveying and analysis

By: Dylan Slater     26th August 2016 The remotely piloted aircraft systems (RPAS) industry is growing at a staggering rate and such systems are increasingly being taken up by mining companies as a tool to manage their assets, operations and land.  

Drone technology investment a ‘shot in the arm’ for resources sector

By: Mariaan Webb     25th July 2016 The Queensland government's A$1-million investment in drone technology has been hailed as a “shot in the arm” for the resources sector at large. Queensland Resources Council CEO Michael Roche on Monday described the funding announcement as a “welcome boost” to the adoption of remotely piloted... 

Diamond dream lives on against the odds under Canadian tundra

By: Bloomberg     12th July 2016 On the semi-frozen surface of Faraday Lake in Canada’s subarctic, two diamond rigs are drilling around the clock. It’s spring breakup north of the 63rd parallel, which means the Kennady Diamonds Inc. exploration team is running out of time. “It’s starting to candle,” says geologist Martina... 

Alcoa second-quarter profit drops on low aluminium prices

By: Reuters     11th July 2016 Alcoa on Monday reported a lower quarterly net profit, as revenue was hit by falling aluminium and alumina prices and plant operations that have been curtailed, closed or sold off. Alcoa reiterated its forecast for global automotive production growth in 2016 of 1% to 4%, but said continued... 

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