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On-The-Air (12/10/2018) 

By: Martin Creamer     12th October 2018 The Mining Indaba this week pledged to give South Africa more access than ever to global investors who will be attending the upcoming international event. The government was this week urged to go all out to pull the struggling South African mining industry out of its unnecessary slump. South... 

Ramaphosa treads 'softly-softly' in South Africa power play 

By: Bloomberg     11th October 2018 President Cyril Ramaphosa is caught in an intricate game of political chess as he seeks to stamp his authority on the government while maintaining a semblance of party unity before elections next year. While his finance minister and political ally, Nhlanhla Nene, resigned Tuesday after lying... 

Govt urged to include IRP adjustment that steers renewables jobs the way of coal regions 

By: Creamer Media Reporter      10th October 2018 South Africa should consider including a policy adjustment in its upcoming Integrated Resource Plan (IRP) directing developers of new renewable-energy infrastructure to build projects in regions currently geared towards coal mining and coal-fired electricity production. University of Johannesburg... 

ITE's emerging market hit takes shine off Mining Indaba deal

By: Reuters     3rd October 2018 Exhibition organiser ITE said it would buy Mining Indaba, the world's largest mining investment conference, from Euromoney, but added that the fall in the Russian rouble, Brazilian real and Turkish lira would hurt 2019 results. The warning took the shine off the Mining Indaba deal, which analysts... 

Chinese delegation to study South Africa’s mineral codes

By: Martin Creamer     2nd October 2018 South Africa’s meticulous set of mineral reporting codes has succeeded in attracting a high-ranking Chinese delegation from the Mineral Resources and Reserves Evaluation Centre of the Ministry of Land and Natural Resources (MRREC) in Beijing. South Africa’s Samcodes Standards Committee (SSC) will... 

Glencore backs $1bn acquisition of Chevron South Africa by black-owned consortium

By: Terence Creamer     28th September 2018 Black economic empowerment (BEE) consortium Off The Shelf Investments (OTS) confirmed on Friday that it had acquired Chevron South Africa (CSA) in a deal valued at $1-billion and financed by its technical and financial adviser, Glencore. CSA, which owns the Chevron refinery in Cape Town and the... 

Lifting-equipment orders from Zambia’s Mopani Copper Mines exceed R100m – Condra Cranes

By: Nadine James     28th September 2018 Condra Cranes shipment of lifting equipment despatched in late August to Zambia-based copper mine Mopani Copper Mines has raised Condra’s order intake from Mopani to more than R100-million. Comprising one electric travelling overhead crane, 38 hoists, two large, and seven smaller, jib cranes, the... 

South African phosphate miner plans London IPO by year-end – CEO

By: Reuters     25th September 2018 South African phosphate miner, Kropz, is on track to list on London's Aim Stock Exchange by the end of the year as it prepares for first production from its main asset in 2019, its chief executive said on Tuesday. Kropz wants to raise cash to pay down debt and further develop its Elandsfontein... 

Cabinet approves new Mining Charter 

By: Reuters     20th September 2018 The South African Cabinet has approved the latest version of the long-delayed mining charter which lay outs requirements for black ownership levels and other targets, a cabinet minister said on Thursday. Communications Minister Nomvula Mokonyane told reporters that more details about the charter... 

PIC foresees great opportunity in investing in early stage tech-driven companies

By: Kim Cloete     14th September 2018 The Public Investment Corporation (PIC) has outlined its vision for its recently launched R2-billion fund aimed at early-stage tech-driven companies. PIC executive head of research Sholto Dolamo told a Frost & Sullivan CEO Think Tank, in Cape Town, that the PIC was venturing beyond its... 

Lab extension to improve product quality

By: Paige Müller     14th September 2018 Sandton-based chemical reagents supplier and distributor Axis House anticipates that its planned laboratory expansion will allow the company to produce higher quality reagents that will boost the profitability of its Zambia-based copper mining clientele’s operations. Axis House sales... 

Cybernetics aims to leave a lasting mark

12th September 2018 Cape Town-based automation and system integration specialist Cybernetics Automation will put on display a comprehensive range of conventional to fully automated marking solutions manufactured by Germany’s Borries Marking Systems. Cybernetics business manager Maurice Curtis says Borries... 

Gauteng-focus stands RGM Cranes in good stead

11th September 2018 Overhead cranes and services supplied by RGM Cranes are recognised as the “gold standard” for reliable and safe lifting within the Gauteng region, says MD Alex Dowling, who believes that the company’s focus on providing its services to Africa’s largest industrial and mining hub has stood it in... 

OILY SA showcases G-Energy brand

10th September 2018 High-quality lubricants distributor OILY SA is exhibiting its premium European-made Gazpromneft and G-Energy brands of oils and lubricants at Electra Mining Africa 2018. G-Energy offers technologically advanced lubricants that are developed and manufactured in Bari, Italy. They are blended using... 

Powermite

10th September 2018 Focused on supplying engineered solutions and products for the electrification of moveable machinery, including materials handling equipment, cranes and mining equipment, Powermite prides itself on its excellent customer service experience, superior collective technical knowledge and high-quality... 

Trans Hex sells Cape Town head office building

By: Marleny Arnoldi     7th September 2018 JSE-listed diamond miner Trans Hex will sell the building that has been its head office for nearly three decades, announcing this week that the Cape Town property will be sold for R28.5-million. The building is located at 405 Voortrekker road, Parow.  

LTP-B Eco HVAC drive helps save energy and cut costs in a range of sectors

6th September 2018 With a large footprint and customer base in food-and-beverage, automotive, and mining, drive and automation specialist SEW-EURODRIVE South Africa is now targeting niche sectors such as Heating, Ventilation and Air-Conditioning (HVAC) in order to ensure sustained growth. In this regard, its LTP-B... 

Local manufacturer showcases full-scale solutions at Electra

4th September 2018 Nelspruit-based Electro Systems, which supplies both locally manufactured and type-tested modular enclosures from Danish manufacturer Logstrup, will showcase its three Electro Systems divisions at this year’s Electra Mining Africa exhibition. The company hopes to broaden its exposure and brand... 

Grindrod reports strong recovery in interim earnings

By: Marleny Arnoldi     31st August 2018 Freight and financial services group Grindrod has achieved a strong year-on-year recovery in the six months to June 30, with its earnings a share having increased to 317c, compared with a loss a share of 11.5c in the first half of 2017. Headline earnings a share were 3.8c, compared with a... 

Fred Botha

By: Martin Creamer     31st August 2018 This week Mining Weekly features Fred Botha, CEO of JSE-listed Insimbi Refractory and Alloy Supplies, the R800-million , 300-employee nonferrous metals-focused company 

Gwede Mantashe tweet is sentiment boost for problem ridden South African mining

By: Martin Creamer     31st August 2018 Shakespeare noted that there is a tide in the affairs of men, which taken in the flood, leads to a fortune. Last week’s great tweet by Mineral Resources Minister Gwede Mantashe urging South Africans to celebrate their wonderful treasure chest of mineral wealth has been taken in the flood and... 

Master Drilling mulling year-end dividend, launching blast-free borer

By: Martin Creamer     28th August 2018 Innovative drilling technologies company Master Drilling, which will next month launch a new blast-free mobile tunnel boring machine that is expected to have a far-reaching beneficial impact on mining, on Tuesday reported satisfactory results for the six months ended June 30. The Johannesburg... 

Magnet Service Binder

27th August 2018 Magnet Service Binder (South Africa) is the sole distributor of Binder, Kendrion, Siegerland, Linnig and Merobel brake products in Africa. The company also distributes Binder solenoids, Wistro Force cooling and EMG thrusters. Serving the market since 1981, Magnet Service Binder has gained a wide... 

Applied Mineral Technologies

27th August 2018 Established in 2001, South African materials handling systems and processing plants construction company Applied Mineral Technologies (Amtec) has come a long way from being a consultancy to a fully fledged industrial construction company. Amtec specialises in civil, structural, mechanical, piping... 

Durable equipment is the key to success

By: Creamer Media Reporter      16th August 2018 One of the Western Cape’s fastest growing civil construction companies, JVZ Construction, attributes a large portion of its success to the procurement of reliable and durable equipment that has enabled it to complete projects effectively and timeously. As a result of its on-time performance and... 

Mining Indaba takes home 1st prize for ‘Best large-scale event’ at the 2018 Conference Awards

By: Creamer Media Reporter      10th August 2018 On 29th June 2018 members of the Mining Indaba team attended the London Conference Awards, which took place at the beautiful venue City Central at the HAC. Chosen by judges from a shortlist of 8 finalists, Investing in African Mining Indaba came away with the prestigious title of ‘Best... 

Advisian quickly becoming an advisor of choice in transport and master planning

By: Creamer Media Reporter      7th August 2018 Transport infrastructure is a primary driver for expanding trade and sustainable development throughout the EMEA region. This is particularly the case in the SSA (sub-Saharan African) and MENA (Middle East and North Africa) regions, where the integration of transport infrastructure with new... 

Transnet signs manganese capacity allocation contract with Assmang

By: Anine Kilian     25th July 2018 State-owned Transnet has signed a seven-and-a-half-year Manganese Export Capacity Allocation (MECA2) contract with Assmang as part of its strategy to secure 95% of manganese volumes on rail. The contract, which will see the transportation of export manganese from pit to port, offers Assmang, the... 

Tough protective coating solutions for mining machines from Thermaspray

11th July 2018 Proprietary wear resistant coatings from Thermaspray present an effective and affordable coating solution for a key customer, protecting critical components and improving reliability on used underground mining machines. The mining environment is notorious for its tough conditions; heat, dust,... 

Battery-skeptic funds wait out cobalt rally seen as fleeting

By: Bloomberg     9th July 2018 Call them battery skeptics. Bets on surging demand for electric vehicles have made cobalt and lithium hot commodities, but some investors say the outlook is leaving them cold. While prices have more than doubled in the past three years on worries over shortages of the metals used in batteries,... 

Goodwin Africa focuses on service, holistic solutions

By: Erin Steenhoff-Snethlage     15th June 2018 As part of enhancing its services and solutions offering, submersible slurry pumps supplier Goodwin Submersible Pumps Africa has invested in several initiatives, such as a service exchange programme, new offices in Cape Town and the development of a new pumps range, says Goodwin Africa marketing... 

Gregory Petersen

By: Martin Creamer     8th June 2018 This week Mining Weekly features Gregory Petersen, the senior manager for enterprise and supplier development for De Beers Consoldated Mines, which is investing $2-billion in a new underground diamond mine at Venetia, in Limpopo province. 

Lesedi: The start of a new era

By: Creamer Media Reporter      7th June 2018 16 May 2018 Lesedi Nuclear Services Rebrand Launch   

Mantashe says dept paying attention to seismicity to avoid fatalities

By: African News Agency      7th June 2018 Mineral Resources Minister Gwede Mantashe said on Thursday that the death-toll increase in mining accidents was a serious concern, adding that the department's Council for Geoscience (CGS) and other stakeholders were paying special attention into seismicity.  Since the beginning of 2018, a total... 

Worldwide Orders Make For Bullish Mood

4th June 2018 Condra has received an order for a further overhead crane from Kamoto Copper Company, the copper and cobalt mine in the south of the Democratic Republic of Congo. It is the eighth machine to be ordered by Kamoto Copper from Johannesburg-headquartered Condra in just over a year and, like its... 

Mining, industrial contracts for ELB in SA and abroad

By: Nadine James     1st June 2018 ELB Engineering Services (ELB) announced last week that it had been awarded the drying system for the M.V. Grand Banks life extension project for marine mining company De Beers Marine. Additionally, the company noted that it had completed train loading station (TLS) and stacker projects for the... 

Capital deployment into junior mining set for Q3 start – Aluwani

By: Martin Creamer     29th May 2018 The first close of capital acceptance is in sight for the new junior mining fund launched earlier this year by Aluwani Capital Partners, the independent black-owned investment management business that aims to make a lasting impact in South Africa and the rest of the African continent. Capital... 

India keen to do business with Africa’s energy sector

By: Kim Cloete     17th May 2018 Representatives from more than 45 Indian companies have been in Cape Town for the African Utility Week, with the hope of cracking deals in everything from the supply of galvanised wire to solar inverters and water generators.  Indian Chamber of Commerce director general and CEO Rajeev Singh... 

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