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One-off items impact AECI’s top-line performance in FY16

By: Anine Kilian     28th February 2017 JSE-listed AECI on Tuesday said its core operating segments, explosives and specialty chemicals, have delivered “commendable” performances in 2016, despite a difficult domestic and global trading environment. Group revenue grew by 1% year-on-year to R18.6-billion for the 12 months to December 31,... 

Sasol says relations with Moz in ‘good space’ as new oil-find notice is issued 

By: Terence Creamer     27th February 2017 Sasol joint president and CEO Stephen Cornell has described the group’s relations with the Mozambique government as being in a “good space”, despite the country’s current fiscal difficulties, as well as periodic criticism that the country is not benefiting fully from the South African energy and... 

Stronger rand flagged by Sasol as a key earnings risk for second half

By: Terence Creamer     27th February 2017 Fuels and chemicals group Sasol has cautioned that ongoing rand/dollar volatility could pose an earnings risk for the second half its 2017 financial year, but reports that hedges are already in place to protect it from any downward oil price pressures. The JSE-listed group reported a 38% fall in... 

Critical minerals project awaits funding for construction

By: Simone Liedtke     17th February 2017 With cobalt trading above $17/lb and trending higher toward longer-term averages, project developer Fortune Minerals saw this as an opportune time to secure the project financing needed to build its Nico project, in Canada. 

Kinder Morgan: by shareholders, for shareholders

By: Creamer Media Reporter      16th February 2017 Abdul Davids – Head of Research, Kagiso Asset Management In the late 1990s, the emergence of commercial hydraulic fracturing and horizontal drilling for shale (collectively known as fracking) transformed the US energy landscape. These technologies enabled access to previously unreachable,... 

Explosives manufacturer launches electronic blasting system

     27th January 2017 Explosives manufacturer and distributor AEL Mining Services launched what it claims is its most advanced electronic initiating system, the intelliShot, in December. The electronic initiating system is designed to work in partnership with the company’s DetNet. 

Anglo confident of ‘favourable outcome’ with Eskom on sale of three tied coal mines  

By: Terence Creamer     25th January 2017 Mining group Anglo American says it has held discussions with and continues to engage with Eskom, government and potential bidders on its plan to exit its Eskom-tied mines – Kriel, New Denmark and New Vaal. Responding to Eskom interim CEO Matshela Koko’s insistence that Eskom had assets at the... 

Zambian copper mine to receive upgraded refuge chambers

By: Kimberley Smuts     20th January 2017 A Zambian copper mine is set to receive delivery of 12 MineSAFE underground refuge chambers from manufacturer and supplier MineARC, incorporating its new System Intelligence package, including the GuardIAN remote monitoring system, compressed air management system and Aura-FX digital gas... 

Quality Equipment Directly Impacts Safety and Efficiency

     12th January 2017 The mining industry is supported by a vast system of pumps and pipes. Whether to transport slurries filled with product or to siphon away waste and excess water, pumps surround the operation. However, mined materials are not always soft, safe, and easy to handle. A lot of damage can be done to... 

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.... 

Sasol turns focus to oil in Moz after shoring up gas for 400 MW power plant

By: Terence Creamer     25th November 2016 South African energy and chemicals group Sasol has completed drilling two gas wells in southern Mozambique and has since turned its attention to the development of two commercial oil reservoirs, located in close proximity to its producing gas fields in Temane and Pande. Under the terms of the... 

R10-million laboratory commissioned in DRC

By: Simone Liedtke     25th November 2016 Turnkey laboratory solutions provider Tramecon has commissioned the R10-million Kinsenda laboratory, a project headed by midtier mining group Metorex, near the border town of Kasumbalesa, in the Democratic Republic of Congo (DRC). 

As domestic oil-refinery debate continues, study highlights big jobs contribution

By: Terence Creamer     16th November 2016 The employment and economic spin-offs of South Africa’s domestic oil refining sector have received prominence in a new study, which suggests that the country’s six refineries generate yearly economic activity of more than R200-billion and sustain more than 480 000 jobs. The study, titled ‘The... 

Multimillion-rand investment furthers aim of industrial market growth

By: Sascha Solomons     11th November 2016 The growing strength of GUD Holdings-owned lubricant company Indy Oil’s brand and reputation among its customer base, which includes members of the mining industry, has led to a multimillion-rand investment in a blending plant in Pietermaritzburg, KwaZulu-Natal. GUD Holdings is a manufacturer of... 

Africa must monetise economically unmineable coal

     21st October 2016 New coal mines will have to be developed in South Africa as existing mines exhaust reserves, while State-owned power utility Eskom, petrochemicals giant Sasol and new independent power produces (IPPs) must expand alternative production. This is according to South African mining and minerals... 

Equipment supplier adapts to meet industry needs

By: Victor Moolman     21st October 2016 Mining equipment supplier Tenova Takraf Africa is offering junior miners in the surface mining industry a tailor-made package that will help new mining operations produce State-owned power utility Eskom-grade coal. 

KSB Pumps and Valves

     21st October 2016 Headquartered on the East Rand, KSB Pumps and Valves in an original-equipment manufacturer of technologically advanced pumps, valves and related products for sectors including water, sewerage, chemicals, petrochemicals, steel, mining, energy and building services. Since 1959, the company has... 

Occupational health, hygiene and safety are all equally important in achieving zero harm goal

By: Ilan Solomons     14th October 2016 Occupational health and hygiene practitioners share a common vision with safety practitioners, which is that of ensuring zero harm to all mineworkers and a healthy and productive workforce, through the effective management of occupational health and safety risks in the workplace, says diversified... 

RamPiping Systems

     14th October 2016 High-density polyethylene (HDPE) piping fabricator, supplier and installation specialist RamPiping Systems has expanded its focus to include piping solutions from US-based supplier NOV Fiber Glass Systems (NOV FGS). Since being established in 2006, RamPiping’s main focus has been on HDPE, but... 

Thickener upgrade under way in Tanzania, demand growing in Africa

     7th October 2016 Mineral processing equipment specialist Tenova Takraf Africa is currently upgrading a thickener at a gold mine in Tanzania, with the scope covering the complete under solution, which includes new rakes, torque tube, centre cage and thickener drive.  

Ntshu Air - PSI Group

By: Zandile Mavuso     30th September 2016 Ntshu Air provides complete air compressed system solutions for the mining, automotive, chemicals, petrochemicals, plant hire, construction and power generation industries. 

Mosaic’s radioactive sinkhole problem could mean mine delays

By: Bloomberg     27th September 2016 As the world’s largest producer of phosphate fertiliser, Mosaic is used to digging up parts of Florida to recover the mineral. But lately, one particular hole is causing the company some headaches. A sinkhole 14 m wide has opened up in a pile of mining waste at the company’s New Wales site, in... 

Mine land, water should be used for community development through agriculture

By: Martin Creamer     23rd September 2016 The calls made for mine land and mine water to be used for community development through agriculture need to be heeded. 

Gold digger turns alchemist chasing billions hidden in waste

By: Bloomberg     21st September 2016 With gold output in South Africa mired in a multiyear decline, the country’s biggest producer is turning to an overlooked and cheaper source of supply: the dump. About 6.5-million ounces valued at $8.5-billion is buried inside mammoth mounds of discarded mine waste at sites owned by  Sibanye... 

iX Engineers – an Enterprise Development success story

     19th September 2016 An active participant in the transformation of South Africa, project delivery and engineering consultancy WorleyParsons RSA has demonstrated that Enterprise Development can be successful, as attested to by the creation of iX Engineers (Pty) Ltd, a 53% black-owned consulting engineering company... 

RS Components 

     13th September 2016 RS Components is a global distributor of products and components for the industrial and electronics sector. RS stocks over 500 000 products across 2500 leading brands.  

Sasol’s gearing to increase as 2017 capex forecast rises to R75bn

By: Terence Creamer     12th September 2016 Energy and chemicals group Sasol expects its capital expenditure (capex) to rise to R75-billion in 2017 and its balance sheet gearing to increase to between 25% and 35%, following the upward revision to the budget of the Lake Charles Chemical Project (LCCP), in the US, to $11-billion, from an... 

800-plus exhibitors to showcase their products, services at Electra Mining 2016

By: Ilan Solomons     9th September 2016 It has become increasingly important for mining equipment and service providers to attend trade shows to benefit from increased marketing opportunities amid the difficult operating conditions in the global mining industry, says Electra Mining Africa 2016 show organiser Specialised Exhibitions... 

800-plus exhibitors to showcase their products, services at Electra Mining 2016

By: Ilan Solomons     9th September 2016 It has become increasingly important for mining equipment and service providers to attend trade shows to benefit from increased marketing opportunities amid the difficult operating conditions in the global mining industry, says Electra Mining Africa 2016 show organiser Specialised Exhibitions... 

Pump modification can withstand acidic applications

By: Robyn Wilkinson     9th September 2016 After a two-year trial at various mine sites, a new version of pumps manufacturer RNE Pumps’ vertical spindle pump is available. First developed in 2014, the pump features a specialised material on the working end to prevent wear in acidic slurry. 

Aspiring battery-grade cobalt producer advances cause

     2nd September 2016 Development stage mining company Fortune Minerals has completed a fully subscribed $1.25-million nonbrokered private placement of units, with the proceeds allocated to general working capital purposes. Fortune owns the Nico cobalt-gold-bismuth-copper development project, which is expected to... 

Australian scientists developing enviro-friendly processing methods

     2nd September 2016 Scientists at Flinders University in South Australia are developing new processing methods to help miners eliminate the widespread environmental damage caused by toxic chemicals and acid leaching. Flinders University associate professor Sarah Harmer comments that widespread environmental damage... 

Production at Sasol’s Shondoni mine set to start next month

By: Dylan Slater     2nd September 2016 Construction of energy and chemicals company Sasol’s Secunda-based Shondoni mine is approaching completion with first coal production expected this month.  

Fluor Opens Botswana Office

     31st August 2016 Fluor Corporation announced that it has opened an office in Gaborone, Botswana, which will serve as the company’s operations base to expand and diversify business activities across sub-Saharan Africa.  Charles Siwawa, chief executive officer of the Botswana Chamber of Mines, participated along... 

Africa’s fastest-growing gold producer says more to come

By: Bloomberg     31st August 2016 Burkina Faso said it has more gold waiting to be discovered as the nation where output jumped more than 20 times in a decade reviews its geological records. The government wants to help companies that are already operating in the West African nation to lengthen the lives of their mines and make... 

Lithium Australia receives grant to further Sileach research

By: Megan van Wyngaardt     30th August 2016 Perth-based Lithium Australia has been granted a second Innovation Connections grant under the entrepreneurs programme run by the country’s Department of Industry and Science. This builds on the grant it received in March, as well as augmenting the Minerals Research Institute of Western Australia... 

Tenova TAKRAF Africa enhances product range

     26th August 2016 Key equipment supplier Tenova TAKRAF Africa, incorporating Tenova Delkor, will showcase the new additions to its suite of technologies and equipment at Electra Mining Africa 2016... 

Verlinde Cranes & Hoists expands dealer network

     26th August 2016 The Verlinde Cranes and Hoists dealer service network has been expanded with the addition of designated dealers for the Steelpoort area, in Limpopo and for Namibia. 

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