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Topic

Old rings are treasure as gold rally revives scrap recycling

By: Bloomberg     23rd August 2016 The surprising rebound in gold prices this year has given new life to unwanted jewelry, coins and trinkets – in the melting pot. More than a third of the world’s bullion supply usually comes from recycled metal, but purchases at pawn shops and cash-for-gold companies had slowed during a... 

Omnia still pursuing North American entry after Nordex offer is withdrawn

By: Megan van Wyngaardt     22nd August 2016 JSE-listed Omnia Holdings has withdrawn and terminated its offer to acquire all of the issued and outstanding shares of Canadian firm Nordex Explosives. The chemicals company on Monday said Nordex shareholders had approved the change of control private placement and going private transaction with... 

Rally in mining’s super commodity strained by race to fuel Tesla

By: Bloomberg     19th August 2016 Even the mining industry’s super commodity of the future may be unable to avoid the Achilles heel of all mineral producers – a recurring habit of busting a boom with too much supply. As miners of everything from copper to iron ore wrestled with losses driven by global surpluses, prices soared for... 

Impeded release of nitrates mitigating enviro impact of mining explosives

By: Dylan Slater     19th August 2016 Developments over the past three decades by mining explosives manufacturer BME, have resulted in a lowered negative impact on the environment through the impeded release of nitrates during blasting operations, thereby, preventing possible groundwater contamination and allowing enhanced recycling... 

Mining complex refurbished with no major delays

     19th August 2016 Eleven products from specialist chemicals company Sika have been used in the refurbishment of platinum producer Impala Platinum’s (Implats’) Rustenburg operations, a 14-shaft complex in the Bushveld Igneous Complex near Rustenburg, which was completed in June. Since this active platinum... 

W Resources secures financing for Spain-based tungsten mine

By: Anine Kilian     16th August 2016 Aim-listed tungsten developer W Resources has secured financing and offtake arrangements to start up its La Parrilla tungsten mine, in Spain. US based chemicals, metals and plastics firm ICD Alloys and Metals provided a forward sales facility for $1.2-million, with $200 000 paid to W Resources to... 

Mines converging IT and operational technology

By: Ilan Solomons     12th August 2016 Many mining companies are currently focused on the convergence of traditional information technology (IT) and automation-focused operational technology (OT), which, historically, these two areas have operated separately, says professional services company Accenture mining group research lead... 

Bacteria mineral extraction project could be a win for miners and the environment

     5th August 2016 Using bacteria to extract minerals from ore is showing the potential to replace dangerous processing chemicals such as cyanide in the mining industry. Scientists at Flinders University, in South Australia, are developing a growing line-up of lab-based experiments to extract valuable minerals from... 

Control valves market value over $13m by 2022

     5th August 2016 The global control valve market is expected to reach $13.67-million at a compound annual growth rate (CAGR) of 7.6% from 2016 to 2022, according to a new report published by Allied Analytics market research and business consulting wing, Allied Market Research. 

New patent makes for environment-friendly leaching

By: Megan van Wyngaardt     2nd August 2016 Canadian junior Iberian Minerals has filed a patent for its HM X-leach formula to reduce the gold industry’s sustainability challenges in terms of reduced grades, more complex ores and increasingly stringent environmental conditions. The patent, which will be marketed by Iberian’s new, 100%-owned... 

AECI reports lower H1 earnings, higher revenue

By: Anine Kilian     26th July 2016 Specialty chemicals and explosives manufacturer AECI on Tuesday reported higher revenue, but lower earnings a share for the six months ended June 30. Headline earnings per share (HEPS) fell 48% year-on-year to 293c, while earnings a share (EPS) decreased 50% year-on-year to 292c. 

Enirgi Group and Lithium S to explore, develop in Argentina

By: Anine Kilian     22nd July 2016 Specialty chemicals company Enirgi Group Corporation and lithium exploration company Lithium S Corporation have entered into a Memorandum of Understanding (MoU) that details a strategic collaboration to explore and develop lithium projects in northern Argentina. Following a successful capital... 

Ruskoway outlines ambitious plans to develop diverse asset portfolio

By: Ilan Solomons     22nd July 2016 South African junior mining and exploration company Ruskoway is intent on developing its four diversified mineral resource projects in South Africa, says Ruskoway project manager Siyabonga Sibiya. The company’s Fonte Verde platinum-group metals (PGMs), nickel and copper deposit is located near... 

Advances in energy-storage technology, burgeoning electric car market driving lithium and graphite uptake

By: Mia Breytenbach     1st July 2016 Advances in energy-storage technology and rising demand for batteries from the global electric vehicle (EV) market are driving the need for technology minerals – such as lithium and graphite – which are increasingly used in lithium-ion batteries. The sectors mining these industries are “young and... 

Advances in energy-storage technology, burgeoning electric car market driving lithium and graphite uptake

By: Mia Breytenbach     1st July 2016 The proliferation and streamlining of technological advancements in energy-storage systems, as well as the demand for batteries in the global electric vehicle (EV) market, are driving the need for technology minerals – such as lithium and graphite, which are increasingly used in lithium-ion... 

enX, Eqstra sign R7.8bn deal to create ‘industrial powerhouse’

By: Creamer Media Reporter      30th June 2016 JSE-listed industrial energy group enX will acquire two of JSE-listed industrial and capital equipment group Eqstra’s divisions and recapitalise Eqstra’s contract mining division in a R7.8-billion deal. enX would issue 52.7-million of its shares (consideration shares), at R21 apiece, to Eqstra... 

Dubai’s DMCC and China’s Zhongwei Sign MoU to Boost Trade along the ‘One Belt One Road’

     23rd June 2016 DMCC, the Government authority on trade, enterprise and commodities in Dubai, today announced the signing of a Memorandum of Understanding (MoU) with Zhongwei Ningxia Municipal People’s Government in China.   The purpose of the memorandum is to explore new collaboration, directives and... 

Improving froth pumping solution

By: Sascha Solomons     10th June 2016 Specialist slurry equipment solutions provider Weir Minerals is introducing the next- generation WARMAN horizontal froth pump, which features a continuous air removal system that can be applied to the company’s froth pumps already in the market. This is in line with Weir Minerals’ focus on... 

Peristaltic pumps ideal for mining applications

     10th June 2016 Multinational pumps and pump-related solutions provider PSG Dover has designed the new models of its Abaque series of peristaltic pumps, which have been specifically geared to meet the challenging requirements of the mining industry, partially owing to a stronger and more durable rotor design and... 

Maputo conference highlights potential for growth

     3rd June 2016 Despite the subdued mining situation in Mozambique there is a lot of room for growth across mining, oil and gas, and energy, but public and private entities need to work together to advance the strategy. This was the overall message conveyed at the fifth biennial Mozambique Mining, Oil & Gas and... 

Advisian engages with clients to create greater value

     31st May 2016 The South African operation of WorleyParsons’ global consulting business, Advisian, has experienced notable growth since its launch less than a year ago with its initial office of five members expanding to close to 100 in an effort to service the needs of clients and deliver expert strategic and... 

Monitoring technology facilitates live tracking of explosives supply

By: Kimberley Smuts     27th May 2016 Commercial explosives producer and supplier AEL Mining Services has developed advanced monitoring technology to provide a fully integrated system that ensures technologically advanced supply chain management. Launched last month, the technology will be deployed throughout the year to AEL sites in... 

South African software to improve plant operations

By: Robyn Wilkinson     20th May 2016 South African process and operations management solutions provider BluESP is introducing Model Predictive Control, a form of advanced process control technology, with applications to improve plant efficiency in several industries, including smelting and minerals processing. 

Value derived from waste streams

By: Robyn Wilkinson     20th May 2016 Ingenuity has become paramount to the survival of minerals processing industry suppliers amid the challenging economic climate, says South African furnace and kiln manufacturer Thermopower Furnaces South Africa (SA). The company has undertaken several projects aimed at deriving value from waste... 

Expo set to be filled with innovation

     13th May 2016 There is no occupational health and safety (OHS) problem that does not have a solution at the Occupational Safety & Health Expo Africa 2016 (A-OSH EXPO 2016), says exhibitions servicing business Specialised Exhibitions event director Joshua Low. 

Engineering News Online Re-Booted

     9th May 2016 Creamer Media unveiled its new-look Engineering News Online website on May 9 – a re-boot that forms part of ongoing efforts to improve the website’s delivery of ‘real economy news in real time’. The re-engineered site simplifies the reader experience, with a homepage that features bolder... 

Canadian cobalt project development advancing

By: Malusi Mkhize     6th May 2016 More than C$115-million has, so far, been spent on the development, including test mining and a pilot plant processing, at the Nico cobalt/gold/bismuth/copper project, in Canada’s Northwest Territories and Saskatchewan. Once operational, Nico, discovered by North American development stage mining... 

Australian opencast mine completes world’s largest blast

By: Kimberley Smuts     6th May 2016 The Daunia opencut coal mine, in the north-eastern state of Queensland, Australia, broke the world record for the largest-ever electronic detonator blast in December, firing 5 665 detonators in 2 683 blastholes using the South Africa-developed AXXIS digital initiation system from explosives firm... 

Company to exhibit highly resilient pipe at Copperbelt expo

     29th April 2016 Two trading arms of complete pipeline solutions provider Rare, Rare Plastics and Rare Pipeline Services (which incorporates Rare Construction Zambia), will be exhibiting at this year’s Copperbelt Mining Trade Expo and Conference (CBM-TEC) from May 12 to 13. Rare will be showcasing their new Rare... 

Technological advancements continue despite mining sector’s downturn

By: Sascha Solomons     29th April 2016 Beneficial trends and technological advancements in the mining industry are being introduced regardless of the depressed market conditions that the sector faces, says environmental management company I-CAT Environmental Solutions technical manager Morne van Wyk. One such trend is recycling water... 

Fluor South Africa Volunteers Pack over 10 000 meals for Ikageng AIDS Ministry in Soweto

By: Yolande Botes     22nd April 2016 Fluor volunteers recently packed more than 10 000 Stop Hunger Now hunger relief meals in support of Ikageng AIDS Ministry in Soweto. The Ikageng Ministry is a nonprofit organization that cares for more than 900 orphaned and vulnerable children affected by HIV and AIDS around the Soweto area.... 

Abaque™ Series Peristaltic (Hose) Pumps Ideal Solution for Toughest Mining Applications

     21st April 2016 Oakbrook Terrace a Dover company and a global leader in the manufacture of pumps, systems and related flow-control solutions, is pleased to announce that new models of its Abaque™ Series Peristaltic (Hose) Pumps have been specifically designed to meet the challenging requirements of the mining... 

Fortune closes second tranche of financing as NWT road permitting gets under way

By: Henry Lazenby     11th April 2016 While TSX-listed project developer Fortune Minerals has closed the second tranche of a C$1-million financing for general working capital purposes, the transportation department of Northwest Territories government (GNWT) has submitted permit applications to build a public highway to the community... 

Despite its economic benefits, fracking could have serious enviro implications

By: Ilan Solomons     1st April 2016 The development of technology to release unconventional gas from underground shale deposits by undertaking deep horizontal drilling has been successfully applied in the US over many years, says British Geological Survey (BGS) senior hydrogeochemist Marianne Stuart. She points out that hydraulic... 

Resources Watch  

     17th March 2016 This week: Sasol outlines dual Southern Africa, North America growth plans Coal coming off the bottom – Exxaro And, resilient Sasol weathering storm 

Sasol outlines dual Southern Africa, North America growth plans 

By: Martin Creamer     8th March 2016 Despite the lower-for-much-longer oil price outlook, integrated chemicals and energy company Sasol is remaining focused on executing growth projects in Southern Africa and North America as part of a dual regional strategy. In presenting 63%-lower earnings attributable to shareholders in the six... 

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... 

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