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Sasol sees another R8bn half-year capex going into Southern Africa 

By: Martin Creamer     7th March 2016 After spending half-year capital of R8.6-billion in Southern Africa in the six months to December 31, integrated chemicals and energy group Sasol expects to invest a similar capital amount in the region in the current half year. Speaking to Creamer Media’s Engineering News Online after the... 

Lack of discipline to keep pressure on potash prices into the next decade

By: Henry Lazenby     4th March 2016 The consensus among potash companies participating in Bank of Montreal's (BMO's) Capital Markets Metals and Mining conference this week was that potash prices had reached a seasonal bottom on the back of production deferrals and cutbacks. However, BMO fertilisers and chemicals research analyst... 

AECI generates 56% of total earnings from mining

By: Mia Breytenbach     4th March 2016 Explosives and specialty chemicals company AECI reported that 56% of the group’s revenue for 2015 has been generated from the global mining industry, of which explosives contributed 44% and mining extraction and chemicals 12%. Speaking at the company’s results presentation for the year ended... 

Butterfly valves achieve highest safety standard

     4th March 2016 Johannesburg-based industrial valve manufacturer Gunric Valves’ metal-seated butterfly valves are now compliant with the highest level of safety in South Africa as of the end of 2015, the Safety Integrity Level (SIL) 3.  

Market demand encourages product development

     4th March 2016 Engineering solutions company BMG is implementing a strategy to enhance its fluid technology services – which includes valves for the mining industry – to meet growing demand in the fluid control market. This strategy encompasses the introduction of new solutions as well as developments in the... 

Fluor Named to FORTUNE Magazine’s Most Admired Companies for Fifth Consecutive Year Ranked top Engineering and Construction company.

     2nd March 2016 Fluor Corporation announced today that the company was named by FORTUNE magazine as the top-ranked engineering and construction company in its 2016 World’s Most Admired Companies list. For the fifth year in a row, Fluor earned the top designation among its peers in the engineering and... 

Lithium Australia hits ‘holy grail’ of lithium processing

By: Megan van Wyngaardt     22nd February 2016 ASX-listed Lithium Australia has developed a new hydrometallurgical process for the recovery of lithium from spodumene. Dubbing it the “holy grail” of lithium processing, the company said that the Sileach process was a low-energy, low-cost and low temperature method, that did not require roasting. 

'Simplistic’ to correlate Sasol with oil price as chemicals contribution rises

By: Terence Creamer     11th February 2016 Incoming joint Sasol CEO Bongani Nqwababa believes “simplistic” correlations of the company’s performance to the oil price will become less relevant in coming years as the revenue and profit contribution of its chemicals business rises in line with its large North American expansion projects.... 

New machine to recycle SA’s waste mining tyre stockpiles

By: Mia Breytenbach     5th February 2016 Vanderbijlpark-based machine building company Nicaud Trading has developed a tyre-recycling shredder to process and recycle waste off-the-road (OTR) tyres for the local mining industry. In joint venture (JV) with newly formed recycling company Kabusha OTR this will result in a solution to the... 

Scornful report on high-tech cobalt supply chains could prove a boon to Western producers

By: Henry Lazenby     22nd January 2016 A report released this week by advocacy group Amnesty International has revealed human rights abuses by one of the world’s largest cobalt producers in the Democratic Republic of Congo (DRC), which raises the possibility of accelerating a looming supply gap. The report, 'This is what we die for:... 

Commodity consolidations, alternative end-user investment imperative

By: Mia Breytenbach     22nd January 2016 Rationalisation and the resulting consolidation in the mining industry will become a key industry imperative, since little significant improvement is expected in commodity prices this year, states mining consultancy Core Consultants MD Lara Smith. “The mining industry will have to see the start... 

Mining veteran calls for ‘zero deaths’ target as his own operation notches up 5 589 fatality-free shifts

By: Ilan Solomons     22nd January 2016 It is incumbent on all stakeholders to prevent deaths in South Africa's mines, says uranium and gold miner Shiva Uranium safety manager Koos Jacobs.   In May 1995 Jacobs was the chief safety officer when a massive tragedy occurred at Shaft No 2 at the Vaal Reefs gold mine, in the North West. A... 

Collaboration key to sustainable growth

By: Nadine James     15th January 2016 Explosives suppliers and manufacturers needed to start establishing common goals, share knowledge on training, and standardise testing methodology and best practices to ensure sustainable economic growth, said integrated energy and chemicals company Sasol senior manager of technical services Ron... 

Sasol appoints Nqwababa, Cornell as joint-CEOs

By: Terence Creamer     11th December 2015 Energy and chemicals group Sasol announced on Friday that it had appointed Bongani Nqwababa and Stephen Cornell as joint-CEOs, with effect from July 1, 2016. The appointments follow the June 8 announcement that incumbent CEO David Constable had decided not to extend his contract with beyond June... 

Tramecon

     27th November 2015 Tramecon is a turnkey laboratory solutions provider, servicing mining projects worldwide from its wholly owned Randburg facility, comprising two mini factories covering 400 m2. The company has recently supplied South Africa-based product logistics monitoring for a Democratic Republic of Congo... 

Imported LNG set to kickstart gas-to-power vision – Sasol

By: Martin Creamer     24th November 2015 Imported liquefied natural gas (LNG) is expected to initiate the greater use of gas in South Africa’s currently coal-dominated electricity generation. Anticipated is the establishment of infrastructure at South African ports, such as Saldanha Bay, Coega or Richards Bay, to facilitate the... 

Fluor opens office in Botswana as it expands footprint

By: David Oliveira     20th November 2015 Engineering construction company Flour Corporation last month launched its new office in Gaborone, Botswana, with Botswana Chamber of Mines CEO Charles Siwawa, among other dignitaries and business leader, in attendance. The new office will serve as the company’s operations base to expand and... 

KSB Pumps and Valves

     23rd October 2015 East Rand-headquartered KSB Pumps and Valves has been in operation since 1959, manufacturing a range of pumps, valves and related systems for sectors including water, sewerage, chemicals, petrochemicals, steel, mining, energy and building services. Most of the products are manufactured under... 

Sasol promotes reading through book drive

     23rd October 2015 Chemicals and energy company Sasol is set to handover close to 20 000 books to the Maharishi Institute the Girls and Boys Club of Soweto, at the Jabavu Community Library and the Vaal University of Technology (VUT), in the maiden project of its global ‘Sasol for Good’ initiative. “As our first... 

SA’s liquid-fuels economy to be sustained for next 40 years

By: Bruce Montiea     23rd October 2015 The coal-to-liquids (CTL) industry is going to be a core part of South Africa’s liquid-fuels economy for the next 40 years, says global management consulting firm AT Kearney principal Martin Sprott. He says the country’s CTL industry is centred on energy and chemicals group Sasol's CTL plant in... 

Fluor Opens Botswana Office

     19th October 2015 Fluor Corporation announced today 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... 

Botswana Mines Adopt South African Online Auction Mechanism

     13th October 2015 In a first for Botswana, major mines are now using online auctions to offload unwanted assets and recover revenue. This comes following the extensive success online auctions have experienced in South Africa.   The first Botswana auction set to take place, consisting of equipment belonging to... 

Canada becomes founding partner of historic Trans-Pacific Partnership, to boost resource sectors

By: Henry Lazenby     5th October 2015 Canada on Monday became one of the 12 founders of the historic Trans-Pacific Partnership (TPP) free-trade agreement (FTA) that could ensure an increase in Canadian exports and investment to member countries, supporting jobs for Canadians at home and abroad. The TPP was a multilateral trade... 

Impumelelo colliery receives new belt reeler

By: Bruce Montiea     2nd October 2015 Conveyor fastening and accessory specialist Flexco manufactured and delivered a new vertical belt reeler in June to energy and chemicals group Sasol’s Impumelelo colliery in Secunda, Mpumalanga. Flexco project engineer Simon Curry says the belt reeler will be installed at the colliery once the... 

Sasol, Fluor team up to develop S African energy projects

By: Megan van Wyngaardt     28th September 2015 Sasol Group Technology has signed a three-year agreement with US-based engineering and construction firm Fluor Corporation to collaborate on small and mid-sized oil and gas projects at Sasol’s facilities in Secunda and Sasolburg. Fluor would share its expertise on proprietary engineering and... 

Dust suppression benefits materials handling

By: Creamer Media Reporter      25th September 2015 While dust prevention can be used in materials handling operations, dust suppression is the preferred option, owing to low water consumption, especially in areas where water is scarce, says dust-control company Dust-A-Side. Other benefits of using dust suppression include a reduced probability of... 

Handling equipment provider now offers dust-suppression systems

     25th September 2015 Dust-suppression systems for materials-handling operations at mines and storage facilities were, earlier this year, added to opencast mining and materials handling equipment company Tenova Takraf Africa’s product portfolio. 

Omnia appoints new explosives division MD

By: Sashnee Moodley     18th September 2015 JSE-listed chemicals group Omnia has appointed Joseph Keenan the new MD of its explosives division, Bulk Mining Explosives. Group CEO Rod Humphris said in a statement to shareholders on Friday that Keenan was an accomplished international executive with more than 20 years of global experience in... 

Resources Watch  

By: Creamer Media Reporter      17th September 2015 Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry. This week: Sasol is ‘excited' by South Africa’s gas-to-power prospects. ARM declares a dividend despite the copper price blow. And, Kibo says Tanzania’s... 

Schrempp to step down from Sasol board

By: Terence Creamer     10th September 2015 Energy and chemicals group Sasol has announced that Professor Jürgen Schrempp, who has served on its board for 18 years, will step down as director and lead independent director at its annual general meeting on December 4. Schrempp, who is best know internationally for his role in the... 

Sasol ‘excited’ by South Africa’s gas-to-power prospects 

By: Terence Creamer     7th September 2015 Energy and chemicals group Sasol has again indicated a desire to participate in South Africa’s upcoming gas-to-power programme, confirming on Monday that it had responded to the Department of Energy’s recent request for information and that it was also considering investment options along the... 

Sasol sees low oil prices persisting to 2017, but expects strong upswing by decade’s end 

By: Terence Creamer     7th September 2015 Energy and chemicals group Sasol reported a 17% fall in headline earnings to R49.76/share in the year to June 30, 2015, with a strong operational performance offset by a sharp weakening in market conditions, including a year-on-year oil price decline of 33%. Outgoing President and CEO David... 

Mine of the future, managing coal, manganese terminal

By: Martin Creamer     4th September 2015 Universities are designing the mines of the future; a call has been made for South Africa to ensure future coal reserves for essential domestic use; and engineering design is imminent for the new Ngqura Manganese Export Terminal 

SA coal reserves must be well managed to ensure industry’s long-term sustainability – researcher

By: Ilan Solomons     4th September 2015 Coal will remain the primary source of South Africa’s power generation for the foreseeable future; however, the country’s about 60-billion tons of recoverable coal reserves must be optimally used and managed to ensure the country receives maximum benefit from these reserves, states local... 

The indispensable nature of South Africa’s mining industry needs to be widely acknowledged

By: Martin Creamer     28th August 2015 The modern world would be much the poorer without mining, which is something to be borne in mind as the industry takes huge strain under the collapse of commodity prices. As often outlined by Chamber of Mines of South Africa CEO Roger Baxter, mining and the minerals are integral to society and... 

Fortune Minerals sells remaining Hemlo equipment for $415 000

By: Henry Lazenby     26th August 2015 Project developer Fortune Minerals has replenished its coffers through the sale of the remaining equipment it salvaged from the Golden Giant mine, at Hemlo, in Ontario. While the equipment was originally meant for use at the proposed Nico gold/cobalt/bismuth/copper development, in the Northwest... 

BHP Billiton announces board changes 

By: Megan van Wyngaardt     14th August 2015 JSE-listed mining giant BHP Billiton has appointed Anita Frew as independent nonexecutive director, effective September 15, while Carlos Cordeiro, who has served as nonexecutive director since 2005, will retire from the board in November.  Frew had over 18 years’ experience as a director and... 

Weak oil price exacts toll on Sasol’s earnings

By: Terence Creamer     7th August 2015 South African energy and chemicals group Sasol confirmed on Friday that its earnings for the financial year to June 30, 2015, would be down on the previous year, despite a strong operational performance – the weaker result was largely attributed to the sharp fall in the oil prices during the... 

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