R/€ = 15.61 Change: -0.01
R/$ = 13.71 Change: -0.02
Au 1291.64 $/oz Change: 1.35
Pt 803.98 $/oz Change: 1.83


Kore nears DFS, mining licence finalisation for Kola project

By: Marleny Arnoldi     30th October 2018 Aim- and JSE-listed Kore Potash is finalising the remaining volume of documents needed to complete a definitive feasibility study (DFS) for the company’s Sintoukola (Kola) potash project, in the Republic of Congo (RoC). “Completion of the study is a critical step towards unlocking the potential... 

SRK Ghana expanding into other West African markets

By: Nadine James     19th October 2018 As the economic mood in the global mining industry turns towards the better, SRK Consulting’s Accra office, in Ghana, has been making inroads into new markets in Côte d’Ivoire and Togo, SRK Ghana country manager John Kwofie noted in a release last week. He believes that there is potential for... 

Dedicated offshore transshipment area licensed at Sintoukola

By: Tasneem Bulbulia     12th September 2018 Potash project development company Kore Potash has received approval for a licence for the transshipment of potash and the discharge of waste brine in a dedicated offshore area at its flagship 97%-owned Sintoukola potash project in the Republic of Congo. The Maritime Authorisation licence – one... 

Kavango receives permit for Botswana electromagnetic survey

By: Tasneem Bulbulia     7th September 2018 Exploration group Kavango Resources has received a permit for the airborne electromagnetic geophysical survey of its KSZ project in south-west Botswana. The permit for the flying of the electromagnetic survey (VTEM) to be carried out over the licences in the Kalahari Suture Zone area was granted... 

Congo's biggest coltan miner resumes purchases after output halt

By: Bloomberg     5th September 2018 Societe Miniere de Bisunzu, the Democratic Republic of Congo’s biggest coltan miner, resumed purchases of the ore after a three-month shutdown at one of the country’s largest deposits. Output restarted at SMB’s mining permit, comprising seven sites at Rubaya in east Congo, on August 14 and the... 

India restricts private mineral sands exports

By: Ajoy K Das     31st August 2018 In a bid to stop illegal mineral sand exports from the country, the Indian government has decided to canalise all exports of such minerals through State-run Indian Rare Earths Limited (IREL), effectively banning all private mineral sand miners from making overseas shipments. Canalising exports... 

Drone tech first for Kumba Iron Ore a ‘game changer’ at Sishen mine

By: Marleny Arnoldi     3rd July 2018 Diversified miner Anglo American subsidiary Kumba Iron Ore has worked through two years of complex legal, governance and logistical challenges to earn an operating licence to fly its own remote aircraft systems, or drones, which have already become a ‘game changer’ at its Sishen mine, near Kathu,... 

Company continuously enhances core technologies

By: Jessica Oosthuizen     11th May 2018 Mine management solutions provider Modular Mining Systems (MMS) is continuously working on making value-added enhancements to its core technologies, says MMS MD Lourens du Plessis. He says customer feedback plays an important role in how the company’s solutions evolve over time. “By engaging with... 

PIC rejects Aton's takeover offer for M&R

By: Reuters     17th April 2018 South Africa's Public Investment Corporation (PIC), the second-biggest shareholder in Murray & Roberts (M&R), said on Monday it had rejected an offer by Germany's Aton to acquire the engineering and construction firm. M&R's biggest shareholder German investor Lutz Helmig's Aton, which owns more... 

Save the date: A-OSH EXPO 2018 now in its eighth year as Africa’s premier OHS exhibition

26th March 2018 A-OSH EXPO, Africa’s leading occupational health and safety (OHS) trade exhibition, is returning to the Gallagher Convention Centre in Midrand once again from 22 to 24 May 2018. Now in its eighth year, A-OSH EXPO has shown steady growth in industry support year-on-year, helping to match up the... 

Anglo American Platinum and Yokogawa Forging a New Way Forward

7th March 2018 Mining Opportunities with new local business entity Yokogawa South Africa is proud to announce the signing of a distributor agreement with 3E Control and Instrumentation (3E C&I) to support local business development by the supply of their wide range of instrumentation products in the North West... 

Rwanda to issue mining licences to boost investment by a fifth

By: Bloomberg     21st February 2018 Rwanda will issue 50 new licences to mine metals including gold, tin and tantalum this year that may help boost investment in the East African nation by a fifth, the Rwanda Development Board said. The state-run board expects to attract $2-billion of investment in 2018, compared with $1.67-billion... 

Online auctions free up working capital fast

By: Nica Schreuder     26th January 2018 Online mining equipment auctions have the potential to help stimulate growth in the African mining sector, says independent online auction solutions company Clear Asset MD and cofounder Ariella Kuper.  

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... 

MOD Resources gets go-ahead for further exploration

By: Megan van Wyngaardt     28th November 2017 ASX-listed copper miner MOD Resources has received approval from the Botswana Department of Environmental Affairs (DEA) to start drilling on a farm north of its T3 copper project, doubling its approved exploration area to 100 km2, while opening up additional airborne electromagnetic (AEM) survey... 

Katoro adds Lidar survey to Imweru PFS

By: Natasha Odendaal     24th November 2017 Aim-listed Katoro Gold has expanded the prefeasibility study (PFS) of its Imweru gold project, in Tanzania, to include a light detection and ranging (Lidar) survey. The Lidar survey, which has been commissioned without compromising the timeline or budget, will use pulsed laser light to create a... 

Arconic sinks on earnings miss; appoints former GE boss as CEO

By: Henry Lazenby     23rd October 2017 The New York-listed equity of alloy metals specialist Arconic dipped on Monday after the company reported disappointing third-quarter results. The New York-headquartered company revealed a headline profit of $132-million, or $0.25 a share, compared with $137-million in the comparable quarter of... 

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.  

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;... 

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.  

Aviation company adds drones to African offering

By: Nadine James     4th August 2017 Multinational aviation company ExecuJet has added unmanned aerial vehicle (UAV) services to its African facilities, Cape Town and Johannesburg, in South Africa, and Lagos, in Nigeria, enabling clients to carry out inspections, surveys, mapping and photography in greater detail. ExecuJet Cape... 

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.  

Oil and mining giants detail road map to reduce carbon by half

By: Bloomberg     25th April 2017 A group of companies and nonprofit agencies that includes energy giants Royal Dutch Shell and BHP Billiton said global greenhouse gas emissions could be cut in half by 2040 without impeding economic development, in part by converting grids to use mostly renewable power. The declining costs of... 

Major contract secured for Guinea bauxite plant

14th April 2017 A major contract, valued at about €100-million, has been secured by German integrated solutions provider to the global mining, bulk materials handling and minerals industries Tenova Takraf for the turnkey supply and installation of a bauxite handling plant in Guinea, West Africa. The plant, for... 

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. 

Online auctioneering should grow further in 2017

27th January 2017 Amid generally impressive growth in the South African online auctioneering industry last year, online mining auctioneering company Clear Asset broke the R1-billion mark in asset sales. The company shipped assets to more than 20 countries, firmly establishing itself as a popular online destination... 

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... 

Online auction industry booms with leading auctioneer concluding R1 billion in sales

27th October 2016 The South African online auctioneering industry has shown its most impressive growth yet, with 2016 already far exceeding growth figures of previous years. Evidence of this is the fact that the country’s leading online equipment auction company, Clear Asset, recently broke through the R1billion... 

Alcoa board OKs split, sets Nov 1 effective date

By: Henry Lazenby     30th September 2016 The board of US-based aluminium and lightweight alloys producer Alcoa has given the green light for its demerger into two publicly traded companies, setting November 1 as the effective date. Spearheaded by CEO Klaus Kleinfeld, the separation will see the company's upstream aviation and specialist... 

What it takes to make a conflict-free smartphone

By: Bloomberg     27th September 2016 On a moonscaped rise in eastern Democratic Republic of Congo, thousands of men and women carve a heavy, off-white mineral away from the hillside with pickaxes, then wash it with shovels in man-made streams and haul it down the hill in 110-pound sacks. They are the sort of independent miners that... 

AECOM appoints Bridget Ssamula as MD for Uganda

20th September 2016 AECOM has appointed Bridget Ssamula as Managing Director for Uganda. In addition to her new role, Ssamula still holds the sector lead role for aviation in Africa. She joined AECOM in 2013. Over the three years she has held various portfolios, including Market Sector Lead for Rail and Key Account... 

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.  

Alcoa, JV partner bury the hatchet regarding business demerger

By: Henry Lazenby     2nd September 2016 US aluminium and specialist alloys manufacturer Alcoa has settled a dispute with joint venture (JV) partner in Alcoa Worldwide Alumina and Chemicals (AWAC), Australian company Alumina Inc, over a plan to separate its upstream and downstream business segments. New York-based Alcoa and... 

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.  

Collusion, Cartel, Price Fixing, who will be next?

24th August 2016 This isn’t the first time collusion has been a theme on the SA business agenda. In the last few years, we have seen multiple companies settling with the Competition Commission, from listed to multi- listed companies across all sectors. The construction sector is the most prevalent of the sectors,... 

Rising uptake of vanadium-based batteries bodes well for market as price turns a corner 

By: Henry Lazenby     18th August 2016 A more than 40% increase in the price of vanadium pentoxide (V2O5) since December lows is invigorating the industry, just as it is poised to see significant new demand for the steel-strengthening ingredient coming from the increasing adoption of vanadium-redox flow batteries (VRBs). The commodity... 

Alcoa outlines business separation plans

By: Henry Lazenby     29th June 2016 US aluminium and lightweight alloys specialist Alcoa on Wednesday filed its initial plan to separate its upstream and downstream business segments with US securities regulators, saying the separation will allow each new company to pursue its own distinct corporate strategy and unlock the full... 

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