R/€ = 14.90 Change: -0.01
R/$ = 12.97 Change: -0.04
Au 1238.36 $/oz Change: -4.03
Pt 916.00 $/oz Change: -6.00


Power increasingly expensive input cost in Southern African mining

By: Simone Liedtke     14th July 2017 In Southern Africa, power is becoming a far higher input cost in industries and processes than it was in the past, says mining ventilation solutions provider TLT Actom director Craig Johnston, highlighting that one of the major input costs at any underground mine or process plant is that of... 

Zambia to build $548m cement plant

By: Reuters     7th July 2017 Zambia will build a $548-million cement plant in a joint venture between the nation's mining investment arm and China's Sinoconst, President Edgar Lungu said on Friday, as it aims to diversify the economy to reduce reliance on copper mining. Zambia Consolidated Copper Mines Investment Holdings... 

Diverse footprint keeps orders coming in during downturn 

By: Victor Moolman     7th July 2017 The wide geographic spread of Barloworld Equipment, the South African distributor of US-based construction equipment manufacturer Caterpillar’s products, insulates it from the effects of mining cycles that may challenge the sustainability of some of its competitors. 

Welding Alloys South Africa

     4th July 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... 

Argentina snaps 15mth streak of falling industrial output in May

By: Reuters     29th June 2017 Argentina's industrial production turned positive in May, official data showed on Thursday, breaking a 15-month streak of declines and providing a glimmer of hope for the lacklustre economy four months before crucial midterm elections. The 2.7% increase in output versus May 2016 was below median... 

Australia’s CEFC invests A$20m in lithium/tantalum mine

By: Esmarie Swanepoel     27th June 2017 The federal government will invest around A$20-million into the Pilgangoora lithium tantalum project, in Western Australia. The investment will be done through the Clean Energy Finance Corporation (CEFC), and is the current government’s first investment in a mining project of this kind in... 

Africa's richest man may quit Ethiopia over mining dispute

By: Bloomberg     23rd June 2017 Dangote Cement, controlled by Africa’s richest man, Aliko Dangote, said it may shut its operations in Ethiopia if authorities in the central state of Oromia don’t reverse an order to cement makers to hand over control of some parts of their businesses to local young people. Oromia state’s East... 

Multidisciplinary mining company says market is challenging

By: Simone Liedtke     23rd June 2017 With the general depletion of natural sand reserves around South Africa, especially within large cities, multidisciplinary materials openpit mining company Afrimat has invested in sand producing plants – especially in Gauteng – to produce high-quality concrete sands to ensure higher concrete... 

Denmark's FLSmidth sees slow recovery in investment by mining firms

By: Reuters     21st June 2017 Danish mining equipment and cement factory maker FLSmidth said on Wednesday that investment by mining firms was only slowly recovering and low prices were still weighing on the cement business. "It is still a bumpy road ahead, investments are very low - crudely low - in the mining industry, and... 

Busiest project bidding period ever – ELB 

By: Martin Creamer     20th June 2017 Johannesburg Stock Exchange-listed ELB Group is having its busiest project bidding period ever, and is seeing a strengthening in base metals and great opportunities in gold. “In the last six months, we’ve experienced our busiest bidding period ever,” ELB Group CE Dr Stephen Meijers told Mining... 

New agreement could see Namangale start

By: Esmarie Swanepoel     16th June 2017 Graphite developer Volt Resources has inked a cooperation agreement with China National Building Materials General Machinery (CNBMGM), which could see the Chinese company become involved in the development of the Namangale project, in Tanzania. Under the agreement, CNBGMG would become a... 

Bass gets possible offtake for Graphmada product

By: Esmarie Swanepoel     16th June 2017 ASX-listed graphite developer Bass Metals has signed a sales and purchase memorandum of understanding for half of the forecast graphite concentrate production from the Stage 1 development of its Graphmada project, in Madagascar. The un-named European party was expected to purchase some 3 000 t/y... 

India assures domestic coal supplies for steel, cement companies

By: Ajoy K Das     15th June 2017 In another step towards zero coal imports, India’s Coal Ministry has offered assured domestic coal supplies to companies outside of the power generation industry. Under the new framework, coal consuming companies in the steel, cement and fertiliser sectors, would receive coal supplies from Coal... 

Acacia Mining confirms start of negotiations with Tanzania govt

By: Megan van Wyngaardt     15th June 2017 Tanzania-based gold miner Acacia Mining’s CEO Brad Gordon on Thursday said the company would leave any disputes around back taxes for resolution during negotiations with the country’s President John Magufuli. During a teleconference, he added that the company was not prepared to comment on... 

From Tesla cars to underwear, metal makers seek new markets

By: Bloomberg     15th June 2017 The world’s biggest mining companies would like you to put more zinc in your zucchini and copper in your socks and dental floss. While builders and manufacturers remain the biggest metals users, producers are confronting the end of a Chinese industrial boom that fueled surging global demand and... 

Tanzania's Acacia spat shows deepening battle with business

By: Bloomberg     14th June 2017 Tanzanian President John Magufuli’s escalating battles with business risk alienating the very investors he needs to drive his multi-billion dollar industrialization policy. On Monday, the 57-year-old leader ratcheted up his dispute with miners by accusing Acacia Mining Plc of operating illegally... 

Tensioning system extends conveyor belt life

By: Robyn Wilkinson     2nd June 2017 The new automatic pneumatic tensioning system for conveyor belt cleaners from Neponset-headquartered bulk materials handling solutions provider Martin Engineering will be available in South Africa through its office in Mpumalanga in the second half of this year. 

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 testing, 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. 

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... 

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... 

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