R/€ = 14.49 Change: 0.01
R/$ = 12.97 Change: -0.04
Au 1266.93 $/oz Change: -0.31
Pt 954.50 $/oz Change: -5.50


Australian Bauxite gets more Bald Hill orders

By: Esmarie Swanepoel     25th May 2017 ASX-listed Australian Bauxite has flagged interest from new customers, with the company telling shareholders it had received a letter of intent for a ‘significant shipment’ of cement grade bauxite from its Bald Hill bauxite mine, in Tasmania. The company was now in discussions with the customer... 

Alcohol, education longterm solution to abuse

By: Simone Liedtke     19th May 2017 Testing backed up by educational programmes is a tried and tested method, proven to reduce alcohol-related incidents, drive down absenteeism and improve overall productivity in the mining sector, alcohol detection technology and services provider Alco-Safe director Rhys Evans tells Mining Weekly. 

Miners increase green energy use to power their pits

By: Reuters     16th May 2017 Major mining companies, including some of the world's biggest suppliers of fossil fuel, are seeking to use more renewable energy themselves as they strive to drive down costs and curb emissions. Glencore, the world's biggest shipper of seaborne coal, said in Tuesday's 2017 sustainability report... 

Iran's mining projects on hold as investors fear new sanctions

By: Bloomberg     15th May 2017 Iran has put on hold “almost all” of its mining agreements with foreign investors as companies from Europe to Asia fear additional sanctions on the Persian Gulf nation’s economy, according to the deputy minister of Iran’s Ministry of Industries, Mines and Trade. Less than $100-million of projects... 

Welding Alloys South Africa

     12th May 2017 To lead the market in engineered wear protection solutions and flux cored welding wire technology, Welding Alloys South Africa (WASA) is focused on responding to its customers’ needs. Part of the Welding Alloys group, which covers more than 150 countries through a network of 30 subsidiaries... 

Opec teaches world's top uranium miner how to handle price crash 

By: Bloomberg     3rd May 2017 Kazakhstan, which mines almost 40% of the world’s uranium, thinks it has the market heft to function as a one-nation Organization of Petroleum Exporting Countries (Opec) for the nuclear fuel. Opec, whose 13 members also pump about 40% of global output, is an “example” in the way it’s used its... 

Creamer Media to partner with Construction and Concrete events

By: Creamer Media Reporter      20th April 2017 Creamer Media is a media partner for the African Construction Expo & Totally Concrete 2017 event, taking place on 23 and 24 May 2017 at Gallagher Convention Centre in Johannesburg. The Engineering News edition dated 12 May 2017 will include a special Cement & Concrete feature previewing the... 

Kibo Mining signs supply MoU with Mbeya Cement

By: Megan van Wyngaardt     20th April 2017 Dual-listed Kibo Mining has signed a strategic memorandum of understanding (MoU) with Lafarge Tanzania subsidiary Mbeya Cement, to develop regional collaboration and to allow for reciprocal supply of materials. The MoU includes discussions with regional development partners to allow socioeconomic... 

SA firm sees potential for elevated-track solution in everything mining to public transport

By: Irma Venter     7th April 2017 South African company Milotek will later this year start construction of a fractional rapid transit (FRT) system at a private coal mine in Mpumalanga. Milotek director and inventor Andries Louw believes this system will revolutionise the way goods are moved in the mining industry and also,... 

A perspective on the colonialism debate

By: Jade Davenport     31st March 2017 Western Cape Premier Helen Zille's recent tweets espousing the opinion that the legacy of colonialism was not only negative has sparked significant outrage and debate amongst South Africans of all ages and races. Now, that is a kind of debate that most sensible people would not touch with a barge... 

Nigeria now producing enough cement for domestic market, export

By: Dylan Slater     31st March 2017 The Nigerian government has officially confirmed that the country has attained self-sufficiency in cement production and is exporting the commodity.  

Slag use in building system offers multiple benefits

     31st March 2017 Alternative construction system company Moladi has developed a means of incorporating mine slag into its Moladi mix, offering mining companies a viable method for recycling their waste material and reduced construction costs when developing mine-site accommodation. Moladi founder and CEO Hennie... 

NUM goes to war over proposed Eskom power station closures

By: Natasha Odendaal     29th March 2017 The National Union of Mineworkers (NUM) on Wednesday said it was planning mass protest action over State-owned power utility Eskom’s decision to mothball five power stations to make room for independent power producers (IPPs). In an effort to “save” Eskom from bankruptcy and privatisation, as... 

Pallinghurst turns $45m profit, upbeat on 2017, mulling options

By: Martin Creamer     29th March 2017 Diversified mining company Pallinghurst, which made $45-million profit in 2016, is upbeat on 2017. The Johannesburg Stock Exchange-listed company spoke of all three of its business platforms being well positioned for further growth and value-unlock. 

thyssenkrupp Industrial Solutions

By: Creamer Media Reporter      17th March 2017 Industrial plants and systems engineering, construction and service specialist thyssenkrupp Industrial Solutions (tkIS) is one of five business areas of global engineering company thyssenkrupp. tkIS has a global network of roughly 19 000 employees at 70 locations, enabling the company to supply... 

Tanzanian ore export ban unlikely to be implemented – BMI

By: Megan van Wyngaardt     16th March 2017 Recent policies aimed at bolstering fiscal revenues, and a crackdown on tax evasion by the Tanzanian government, will increase investor uncertainty across various sectors and have a direct negative impact on the country's future growth, BMI Research's Africa Country Risk team said on Thursday.... 

Flemington proves up for Australian Mines

By: Esmarie Swanepoel     15th March 2017 A scoping study into the Flemington scandium-cobalt project, in New South Wales, estimates the project could deliver an after-tax cash flow of A$677-million over the first 18 years of operation. The operation is expected to produce 50 t scandium oxide from a 100 000 t/y plant, with the mine to... 

'Coal is critical for Africa's development'

By: Ilan Solomons     3rd March 2017 Coal is required for the industrialisation of Africa, particularly as several African countries are experiencing significant development and expansion of their industrial sectors, says mining investment advisory company MX Mining Capital Advisors director Dr Mike Seeger. He states that Africa’s... 

Localised conveyor belt supply to boost operational efficiencies

By: Simone Liedtke     17th February 2017 Over the past three to four years, metal prices have dropped precipitously and North American mining operators have been forced to implement more operational efficiencies, states conveyor belt vulcaniser product provider Shaw Almex CEO Tim Shaw. 

The power of innovative engineering: The biggest LOESCHE mill type LM 70.4+4 CS in successful operation with the new COPE drive

     14th February 2017 The LOESCHE mill type LM 70.4+4 CS in operation with the new COPE drive at the cement plant Mfamosing The United Cement Company of Nigeria (Ltd), UNICEM, successfully commissioned their new cement plant 2 at Mfamosing, in Cross River State, Nigeria. LOESCHE received the order for two vertical... 

India’s Coal Ministry in no rush with coal auctions

By: Ajoy K Das     9th February 2017 India’s Coal Ministry has decided not to rush through the auction of coal supply linkage to power companies in light of the high availability of the fuel, although the auction of such linkages would take place for non-power industries. The rules for the auction of coal linkage to the power sector... 

Mining companies to reap benefits from productivity partnerships

By: Robyn Wilkinson     27th January 2017 Minerals and cement industry equipment and services supplier FLSmidth is establishing itself as a productivity partner in the African mining sector in light of mining companies’ focus on improving existing projects amid difficult economic conditions. 

Trump makes Canadian mine explorer with zero revenue great again

By: Bloomberg     19th January 2017 There’s one thing Donald Trump is already making great again: a small Canadian explorer with rights to one of the world’s largest undeveloped copper and gold deposits. Northern Dynasty Minerals has more than tripled since the US election to approach a four-year high this week amid speculation... 

Sunrise reports strong results from Pozz deposit, Nevada

By: Henry Lazenby     23rd December 2016 Aim-listed Sunrise Resources has reported strong initial strength-test results for natural pozzolan sourced from its Pozz project, in Nevada. The test results indicate that the CS Deposit sample is a high quality natural pozzolan competitive with natural pozzolans available on the market today. 

Coal demand growth to stall as appetite wanes, according to IEA

By: Natasha Odendaal     12th December 2016 As appetite for other energy sources gain momentum, with the fast growth of renewables and a strong focus on energy efficiency, growth in global coal demand is expected to stall over the next five years, the International Energy Agency’s (IEA’s) latest ‘Medium-term Coal Market’ report shows.... 

Gold One GM reveals how company nearly lost entire mine in fall-of-ground incident

By: Ilan Solomons     9th December 2016 An almost disastrous fall-of-ground (FoG) took place on the night of April 21, 2015, at gold mining company Gold One International’s Modder East Operations (MEO), in Springs, on the East Rand, it revealed recently. The FoG covered an area of about 63 m on dip by 43 m on strike, in the back areas... 

50 years of specialist consulting continues to grow excellence

By: Creamer Media Reporter      2nd December 2016 Fifty years ago Jones & Wagener (J&W) founders, Winston Jones and Dr Fritz Wagener, combined their expertise and skills to establish what has now become an iconic firm of consulting professional engineers and scientists in South Africa. “They believed that excellent technical skills coupled with... 

WA leads the unemployment pack

By: Esmarie Swanepoel     17th November 2016 The latest jump in Western Australia’s unemployment rate has solidified the argument against the proposed changes to the iron-ore levy, the Western Australian Chamber of Minerals and Energy (CME) has said. Quoting figures from the Australian Bureau of Statistics, CME CEO Reg Howard-Smith on... 

Miner buys Moz forestry firm to access limestone deposit

By: Keith Campbell     11th November 2016 London AIM-listed miner Premier African Minerals (Premier) completed its acquisition of a majority stake in private Mozambican company TCT Indústrias Florestais (TCT IF) at the very end of last month. Premier now owns 52% of the Mozambican enterprise. It did so by buying 26% of the interests in... 

Continued diversification drives Afrimat earnings growth in H1

By: Anine Kilian     3rd November 2016 Empowered openpit mining group Afrimat, which on Thursday celebrated ten years of being a JSE-listed company, lifted its headline earnings a share by 25.3% and its revenue by 15% year-on-year for the six months ended August 31. Revenue increased to R1.2-billion, profit to R109-million and cash... 

Premier acquires majority stake in Mozambique limestone project

By: Anine Kilian     31st October 2016 Premier African Minerals, which has the RHA tungsten mine, in Zimbabwe, as it flagship asset, has acquired a 52% majority stake in Mozambique-based limestone and logging operation TCT Industrias Florestais (TCT IF) for $2.1-million. Premier notes that TCT IF is self-sustaining and will contribute... 

India rushes to grant clearances as mining lease expiry deadline approaches

By: Ajoy K Das     31st October 2016 India’s Ministry of Forests and Environment (MoEF) is rushing to grant forest and environment clearances to mining leases set to expire next year. In the first tranche, the MoEF will grant mandatory environmental approvals to 69 leases before January 11, a senior official has said. 

Falling coal demand hurts Indian Railways

By: Ajoy K Das     31st October 2016 The cascading impact of surplus coal and dwindling demand has started to pinch Indian Railways (IR) as freight from the commodity accounts for about 45% of the government-owned and -operated transporter’s business. In response to the coal downturn, IR is working towards offering discounted... 

High-performance chain range extended

     28th October 2016 Engineering components supplier Bearing Man Group’s (BMG’s) Tsubaki high-performance chain range, which offers enhanced strength and reliability, an extended operating life and a better environmental footprint now includes a “robust” Workhorse elevator series. BMG GM Carlos Beukes says the... 

Continental vision identifies mining’s role in transforming economies

By: David Oliveira     21st October 2016 The need to diversify Africa’s primary-resource export-focused economies in support of other industry-related value chains is key to helping transform the continent’s economy and generate greater wealth from its significant minerals endowment. At this year’s Joburg Indaba, which took place... 

Continental vision identifies mining’s role in transforming economies

By: David Oliveira     21st October 2016 The need to diversify Africa’s primary resource export-focused economies in support of other industry-related value chains is key to helping transform the continent’s economy and generate greater wealth from its significant mineral endowment. At this year’s Joburg Indaba, which took place earlier... 

The father of South African geology

By: Jade Davenport     21st October 2016   The study or, at the very least, observance of the rock and mineral formations that make up South Africa’s landscape has, in all probability, been pursued since the advent of mining – more than 43 000 years ago. However, the survey and classification of rocks as a specialised field of... 

New generation power plants to boost India’s demand for higher grade S African coal

By: Ajoy K Das     5th October 2016 Amid the overall trend of declining coal imports, Indian thermal power and cement companies are showing a preference for shipping in thermal-grade coal from South Africa rather than the traditional shopping destination of Indonesia. The latest government import data shows that Indian... 

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