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Topic

Sasol’s new strategy shuns GTL as specialty chemicals emerge as key growth driver

By: Terence Creamer     23rd November 2017 Chemicals and energy group Sasol is preparing to sell several assets, including its Canadian shale gas assets, following an overhaul of its corporate strategy, which eschews any further greenfield gas-to-liquids (GTL) investments in favour of smaller acquisitions and projects of between... 

Sasol shareholders approve new R21bn BEE structure

By: Megan van Wyngaardt     17th November 2017 Sasol Khanyisa, a R21-billion broad-based black economic empowerment (BBBEE) ownership structure, has been granted formal approval by Sasol shareholders. “We are delighted with this outcome as it marks a significant milestone in Sasol’s transformation journey. Sasol Khanyisa will be implemented... 

Flexible couplings able to withstand extreme mining conditions

17th November 2017 Manufactured by global bearings manufacturer The Timken Company, parts distributor Bearing Man Group’s (BMG’s) Quick-Flex couplings are able to withstand the most extreme mining conditions, including temperatures as high as 100 ˚C. The Timken Quick-Flex couplings, which require minimal... 

Foam-based fire suppression for fuel storage facilities

13th November 2017 Fighting fire with foam concentrates Fuel storage fire protection is critical and even more so when it is done underground. Detection systems for early response to a fire outbreak are essential. In this article, fires safety specialist, Mike Feldon, discusses the use of firefighting foam as a... 

Bacanora granted mining licence for German lithium project

By: Mariaan Webb     8th November 2017 Aim- and TSX-V-listed Bacanora Minerals has been awarded a 30-year mining licence for its 50%-owned Zinnwald lithium project in southern Saxony, Germany, where a feasibility study is under way. The feasibility study is expected to be completed in mid-2019 and will seek to demonstrate the... 

Kibaran trebles planned output of Tanzania graphite project

By: Esmarie Swanepoel     6th November 2017 Optimisation testwork at graphite developer Kibaran Resources’ Epanko project, in Tanzania, has flagged the potential trebling of planned battery-grade graphite production. MD Andrew Spinks told shareholders on Monday that the optimisation testwork had confirmed the positive results of Kibaran’s... 

Transmission equipment components offer multiple benefits

3rd November 2017 Technical solutions provider BMG’s portfolio of Fenner power transmission components from manufacturer Fenner Drives includes a range of high-strength friction transmission belts that offer longer service life, higher drive efficiency and reduced downtime, compared with conventional V-belts.... 

IHS Markit's materials price index rises 1.6% as commodities lead the way

By: Henry Lazenby     27th October 2017 The materials price index (MPI) from Global Insight by IHS Markit gained 1.6% last week, its strongest increase since late August, breaking a two-week streak of losses, the research firm revealed on Friday. According to IHS Markit economist Cole Hassay, the expansion was broad-based, with seven... 

Coal miner pushing to further productivity, cost efficiency

27th October 2017 In 2018, mining company Sasol Mining will have renewed focus on its business improvement programme to improve productivity and cost efficiency, states integrated chemicals and energy company Sasol in its Integrated Report, published June 30. Sasol notes that its mining business unit is... 

KSB Pumps & Valves

27th October 2017 East Rand-headquartered KSB Pumps & Valves is an original-equipment manufacturer of technologically advanced pumps, valves and related products for the water, sewerage, chemicals, petrochemicals, mining and building services sectors, among others. Since its establishment in 1959, the company has... 

LANXESS

20th October 2017 Despite South Africa being the largest contributor to the ferrochrome industry, the sector remains under immense pressure. Specialty chemicals company LANXESS is the only company in South Africa that handles the entire chemical chrome value chain, from the mining of the raw material, chrome ore,... 

Exxaro sells Tronox shares for R6.5bn

By: Martin Creamer     11th October 2017 Diversified mining company Exxaro Resources has completed the sale of a portion of its shareholding in American mineral sands company Tronox for R6.5-billion. Exxaro, headed by CEO Mxolisi Mgojo, said on Wednesday that it had raised $474-million from the sale of 22 425 000 class A ordinary shares... 

Lower metals prices weigh on materials price index – IHS

By: Henry Lazenby     23rd September 2017 The materials price index (MPI) from Global Insight by IHS Markit has slipped 0.1% last week, the first decline in four weeks, as metal markets finally began to slide, the firm advised on Friday. The strength of the last few weeks has been mainly attributable to a surge in metal prices and the... 

Systems water intensive, but more efficient and environment friendly 

By: Victor Moolman     15th September 2017 Although ultrahigh-pressure water blasting systems used to clean refineries or cut rock and prepare surfaces on mines will not save water, it is more efficient than using acid washing or abrasive grit blasting techniques, says water jetting solutions provider Total Blasting sales director Bradley... 

US braces for Hurricane Irma as effects of Harvey still progress toward consumers

By: Henry Lazenby     9th September 2017 While the effects of Hurricane Harvey are still progressing downstream in the US oil and gas supply chain, progressing towards consumers, Hurricane Irma is threatening the US with another potential blow, with parts of the country already seeing a disruption of energy and chemical product... 

Thermaspray showcases thermal spray coating technologies and welding capabilities in Limpopo

7th September 2017 Thermaspray showcased its ground-breaking thermal spray coating technologies and Plasma Transferred Arc (PTA) welding process capabilities at the Mining & Technical Exhibitions (MTE) which took place in Mogalakwena and Lephalale, Limpopo, on 1st and 3rd August 2017 respectively. Thermaspray’s... 

Sasol review may result in sale or closure of assets, but no ‘fire sale’  

By: Terence Creamer     21st August 2017 Chemicals and energy group Sasol has announced that an asset-review process is under way that could result in the sale, closure or growth of certain assets. However, the JSE-listed company has also stressed that there will be no “fire sale”. Joint president and CEO Bongani Nqwababa reports that... 

Sasol turns to courts after Sars slaps it with tax bills worth R12.8bn 

By: Terence Creamer     21st August 2017 JSE-listed energy and chemicals group Sasol will approach the Supreme Court of Appeal (SCA) to resolve a tax dispute with the South African Revenue Service (Sars), which has slapped it with assessments for outstanding tax liabilities and penalties worth R12.8-billion. The company made a... 

Turkish firms set for $64bn spending spree to leave home

By: Bloomberg     21st August 2017 Robert Yuksel Yildirim had barely been at the family’s construction-materials business a year before the company won its first international contract. Now, it’s a conglomerate with interests in mining, ports and chemicals across 28 countries. Twenty four years after the deal to import coal... 

WorleyParsons developing black enterprises 

By: Martin Creamer     21st August 2017 Project delivery and engineering consultancy WorleyParsons RSA is answering South Africa’s call for broader economic participation and transformation. The local company, which is part of the Australian Securities Exchange-listed WorleyParsons engineering group that serves the resources and energy... 

Fracking jobs prove elusive for coal miners looking to switch

By: Bloomberg     18th August 2017 Robert Dennis has mined coal in West Virginia for 10 years but a recent evening found him in a classroom at his local community college. He came to learn about opportunities in fracking, a drilling technique used to produce natural gas — the very fuel that is threatening coal’s future. “I know... 

IHS materials index posts sixth gain in seven weeks

By: Henry Lazenby     18th August 2017 The materials price index (MPI) from Global Insight by IHS Markit has recovered about half the losses it suffered between February and June. The latest reading of the MPI, an index measuring the weighted average of weekly spot prices for a basket of globally traded manufacturing inputs comprising... 

World treaty to ban and reduce mercury poison comes into force 

By: News24Wire      17th August 2017 It is rated as one of the top ten chemical poisons endangering human health and the natural world. Tiny drops of this poison can be found in human teeth, in fresh fish, in light bulbs, paints, batteries and even cosmetics. And it is in the air, water and soil everywhere, in varying amounts. 

Mining to continue to support valves industry

By: Nica Schreuder     11th August 2017 Mining will remain the primary long-term source of revenue for the valves industry on the African continent, says valves and actuator technology manufacturer and supplier AR Controls director Julien Van Niekerk. He is confident that, with the cyclical nature of commodities, prices will improve... 

GEA Uses Bentley Technology to Deliver Innovative Milk Processing Plants for Leading Dairy Manufacturer

4th August 2017 Bentley’s Design Integration and Collaboration Applications Ensure Data  Integrity and Accelerate Information Sharing for Sustainable Plant Projects Unique Processing Plants Call For Collaborative Design To meet continued growth of dairy consumption in China and other export destinations, global... 

Tramecon

By: Creamer Media Reporter      1st August 2017 Turnkey laboratory solutions provider Tramecon services mining projects worldwide from its wholly owned Randburg facility, comprising two mini factories covering 400 m2. The company further supplies South Africa-based product logistics monitoring for a Democratic Republic of Congo (DRC) client... 

Software agreement advances explosion protection devices

28th July 2017 In a clear push towards mobile innovation, global explosion protection solutions provider Bartec and Netherlands-headquartered software provider eVision will deliver rugged, intrinsically safe devices, which will ensure worldwide distribution and support of eVision’s suite of mobile Control of... 

Oil, chemical weakness force IHS materials price index lower

By: Henry Lazenby     21st July 2017 The materials price index (MPI) from Global Insight by IHS Markit fell 0.7% last week, driven by weakness in the oil and chemicals sectors, the firm announced on Thursday. It was the MPI’s first decline since the middle of June, as weakness in oil, down 1.5%, and chemicals, down 3.9%, pulled the... 

Proper hose assemblies improve hydraulic safety and life span

21st July 2017 Technical solutions provider BMG urges that care be taken when selecting, installing and maintaining high-quality components in any hydraulic system because hose assemblies can be highly dangerous if misapplied and if inadequate attention is given to maintenance of the hose and related equipment.  

Nuclear is not just about energy – Niasa MD

By: Natasha Odendaal     19th July 2017 South Africa’s controversial nuclear energy plans have overwhelmingly overshadowed the more expansive, overall industry that has quietly developed in the country, which has become a world leader in nuclear medicine. Speaking at the one-day nuclear forum on the sidelines of the PowerGen Africa... 

Trump urged by CEO to nationalise the only US rare-earths mine

By: Bloomberg     19th July 2017 The head of an advanced-materials manufacturer said he met with President Donald Trump’s chief strategist, Steve Bannon, on Monday to persuade him that the US should nationalise the country’s only mine of rare earth minerals, which are used in military applications. “The staff understood the... 

Lithium Americas inks investment agreement with Thai energy company

By: Samantha Herbst     18th July 2017 Niche minerals company Lithium Americas has closed an investment agreement with BCP Innovation, a wholly owned subsidiary of Thai energy company Bangchak Corporation Public Company, in which the latter has agreed to provide Lithium Americas with an aggregate of $113-million to fund a portion of... 

Largest-diameter hole reamed in Africa – contractor

14th July 2017 The reaming phase of a 7.3-m-diameter hole at South African integrated energy and chemicals company Sasol’s Impumelelo coal mine, in Mpumulanga, has been completed, setting an African record for the largest-diameter hole reamed to date, says South African mining company Redpath Mining. Mining... 

Diversified openpit miner looks to entire continent for growth

By: Simone Liedtke     14th July 2017 Multidisciplinary openpit mining company Afrimat intends to develop its strategy of growth through diversification further by exploiting new opportunities in Africa by remaining “agile and entrepreneurial”. 

Advanced diagnostics, IIoT to unlock valuable mining data – Endress & Hauser

By: Schalk Burger     7th July 2017 Using the industrial Internet of Things (IIoT) and advanced diagnostics systems that draw new data from sensors in mines can provide deeper insight into operations and improve control, says industrial automation multinational Endress & Hauser Group mining industry manager Jenish Gheewala. Data is... 

Transnet suspends operations on Richards Bay coal line

By: Megan van Wyngaardt     6th July 2017 Operations along Transnet’s Richards Bay coal line (RBCL) have been suspended, owing to ongoing violent community protests across KwaZulu-Natal. The State-owned company on Thursday said the step was taken to curb potential losses to the local economy, with Transnet working closely with customers... 

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... 

K+S produces first potash at $4.6bn Bethune mine ahead of schedule

By: Henry Lazenby     16th June 2017 German-held chemicals firm K+S Potash Canada has last weekend produced the first tonnes of marketable potash at its new $4.6-billion Bethune mine, in Saskatchewan. The company reached the milestone ahead of schedule, and is now focused on building up to its annual production capacity of... 

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