Global Mining News in real time


Omnia keeping afloat despite tough market conditions

By: Megan van Wyngaardt Despite a tough financial year, marked by weaker performance in its mining division and a flat performance in its chemicals division, owing to a struggling manufacturing sector, JSE-listed chemicals company Omnia achieved a 3% increase in headline earnings a share to R14.65 for the 12 months to... 

Frontier terminates negotiations to buy Gold Ridge project

By: Creamer Media Reporter Junior Frontier Resources has terminated negotiations with GoldRidge Community Investment Limited (GCIL) to acquire 80% of the Gold Ridge project, on the Solomon Islands, the ASX-listed company reported on Monday. Frontier claimed that GCIL had not negotiated in “good faith” or exclusively as... 

Solutions team customises maintenance safety product

By: Dylan Stewart Responding to industry requests, identification solutions manufacturer Brady has introduced customised additions to its Lockout/Tagout system, a product that has the ability to totally cut off any flows of energy into a particular machine, over the past six months. 

Prices weigh heavily on top 40, no work for mining graduates, research revolution urged

By: Martin Creamer Depressed markets rattling top-40 companies, mining graduates are struggling to find jobs; renewed call for mining clusters 

Gantsho to step in as Implats chairperson in October

By: Megan van Wyngaardt JSE-listed platinum miner Impala Platinum (Implats) has appointed Dr Mandla Gantsho as independent nonexecutive chairperson, effective October 21. He would succeed Dr Khotso Mokhele who would step down as director and chairperson at Implats’ annual general meeting. 

Call for jobless mining engineer graduates to spearhead research revolution 

By: Martin Creamer A call was made on Tuesday for the current surfeit of highly trained but jobless South African mining engineering university graduates to be directed towards spearheading a research revolution involving the creation of mining clusters that have agriculture on waste mine land and mineral recovery... 

Companies partner to deliver excellence in bulk

By: Dylan Stewart Supply chain solutions provider Barloworld Logistics and bulk commodities shipping and logistics company LBH Africa formed a strategic partnership in March to offer dry bulk commodity supply chain solutions into and out of Southern Africa. 

Cost-effective, flexible, and sustainable production with the Outotec Hydrometallurgical Precious Metals Process

Modular process enables high direct recoveries with low inventory, has a low environmental impact, and can be adapted for a wide variety of applications. The result of decades of experience and continuous development in precious metals processing technology, the Outotec Hydrometallurgical... 

New evaporation system suitable for AMD

By: David Oliveira Environmental management company I-Cat Environmental Solutions launched its I-Vap 500 water-atomisation evaporator, suitable for corrosive applications such as processing acid mine drainage (AMD), last month. I-Cat technical manager Morné van Wyk tells Mining Weekly that the main fan housing of... 

AECI appoints acting CEO for mining subsidiary

By: Natalie Greve Explosives and specialty chemicals group AECI has appointed Edwin Ludick as acting MD of subsidiary AEL Mining Services, with effect from May 15, until the process to appoint a permanent candidate has been completed. Ludick is a member of the AECI executive committee and an executive of the... 

New Micronutrient Blend for Superior Soil and Wastewater Bioremediation!

Bionetix International a subsidiary of Cortec® Corporation, in the business of manufacturing microbial based bio-products presents MICRO 14, a new special blend of 14 natural ingredients providing various sources of minerals, vitamins and microbial growth elements. This safe and economical... 

Indian group seeks uses for unwanted thermal coal from Mozambique operation

By: Keith Campbell Unable to find customers for the thermal coal it is producing at its Benga mine in the Tete province of Mozambique, Indian company International Coal Ventures Limited (ICVL) has been looking for companies willing to establish chemical and power plants at the mine. These would use the thermal coal... 

Chevron’s Caltex exit has no impact on Australian LNG projects

By: Esmarie Swanepoel US major Chevron has reiterated that its decision to exit the Australian refining industry would have no impact on its focus to deliver big liquefied natural gas (LNG) projects in Western Australia. Chevron, which sold its 50% stake in refiner Caltex Australia for A$4.7-billion on Friday, stated... 

Drug use a growing concern at African mining operations

By: Anine Vermeulen Health and safety is a key component in the mining sector, ensuring employees are sober and able to handle heavy machinery and equipment. Alcohol testing is mandatory and is further enforced by the Operational Health and Safety Act (OHSA) specifying a zero tolerance approach to alcohol in the... 

Woodmac and Verisk to tie £1.85bn knot

By: Henry Lazenby Data analytics provider Verisk Analytics has signed a definitive agreement to acquire Wood Mackenzie (Woodmac) from Hellman & Friedman and other Woodmac shareholders. The acquisition of Woodmac, a global data analytics and commercial intelligence firm specialising in the energy, chemicals,... 

Sasol working with SA's power 'war room' on gas-importation plan 

By: Terence Creamer Energy and chemicals group Sasol is working with the Eskom War Room on a possible public–private partnership (PPP) to build a floating liquefied natural gas (LNG) facility along the South African coast, which would facilitate the importation of gas to be used by both Eskom and independent power... 

Sasol to cut capex by as much as R22bn as part of ‘lower-for-longer’ oil response plan

By: Terence Creamer Energy and chemicals group Sasol aims to save between R13-billion and R22-billion from “capital portfolio phasing and reductions” over the coming 30 months as part of a larger R30-billion to R50-billion cash-conservation programme launched in response to an expectation of a “lower-for-longer” oil... 

Ressano Garcia’s gas-to-power capacity rises to 400 MW as loop-line is completed

By: Terence Creamer The $200-million ‘loop line 1’ project to expand the capacity of the gas pipeline from Mozambique to South Africa has been completed, the Republic of Mozambique Pipeline Investments Company (Rompco) has confirmed. Rompco is the gas transport joint venture set up in 2004 by JSE-listed energy and... 

AECI in deal to supply explosives products to Australian mining contractor

By: Anine Vermeulen Explosives and chemicals company AECI and mining contractor Thiess, signed a five-year agreement in November last year to provide explosives, initiating systems and technical services to Thiess in Australia.   AECI’s entry in to Australia is aligned with the company’s clearly defined... 

Thiess inks deal with African explosives expert

Explosives and chemicals company AECI has entered into a five-year agreement with mining contractor Thiess to provide explosives, initiating systems and technical services to Thiess in Australia. Thiess Australia’s executive GM Michael Wright said that AECI subsidiary AEL Mining was fully... 

Sasol says Louisiana cracker stress tested for ‘extreme scenarios’

By: Terence Creamer South African energy and chemicals group Sasol insists that it has “stress tested” the $8.9-billion ethane cracker and derivatives complex it is currently building in the US against a number of parameters and that the project’s economics remain “robust, even under extreme scenarios”. Speaking to... 

AGL suspends CSG project after chemical find at fracking site

By: Esmarie Swanepoel ASX-listed AGL Energy has suspended pilot production testing at its Waukivory coal seam gas (CSG) pilot project, in New South Wales, after benzene, toluene, ethylbenzene and xylenes (BTEX) were detected in flow-back water from two of the four wells, and from an above-ground water storage tank.... 

African mining investment event revitalised

By: Bruce Montiea This year’s Investing in African Mining Indaba will feature a new addition to the programme – the participation of an influential global figurehead, with former UK Prime Minister Tony Blair as the inaugural speaker presenting the keynote address, says Mining Indaba group marketing director Maria... 

Godfrey Gomwe joins AECI board

South African explosives and specialty chemicals group AECI has appointed Godfrey Gomwe as nonexecutive director, effective January 31.  

Higher planned 2015 capex hints at strengthened African mining sector

By: Natalie Greve African miners aim to increase spending over 2015, budgeting, in particular, for enhanced investment in plant and heavy equipment, a survey of more than 100 African mine managers has revealed. The majority of respondents expected capital expenditure (capex) to increase across the four categories... 

Omnia expecting future benefit from new underground mining product, H1 profit lower

By: Leandi Kolver Specialised chemicals provider Omnia was expecting to see financial gains from its new underground charging unit, which enables it to take its emulsion into the underground mining space, during the next financial year, MD Rod Humphris said on Tuesday. Speaking at a presentation of the group’s... 

Mines need to cut emissions and increase renewables – Corporate Knights

By: Simon Rees As the population of the planet doubles between now and 2050, the drive to cut carbon emissions will continue to gather pace. At a recent meeting between heads of state in China, the US announced its intention to reduce carbon emissions by 26% to 28% by 2025. China declared its emissions would... 

BME conference contributes to explosives education, information sharing

By: Chantelle Kotze Mining explosives company BME hosted its twenty-second yearly Drilling and Blasting Conference at the Council for Scientific and Industrial Research’s International Conference Centre, in Pretoria, last week as part of the company’s contribution to education and information sharing on blasting... 

Sasol pursuing flexible US cracker funding plan to leave GTL headroom 

By: Terence Creamer In a reversal of traditional foreign-investment flows, an African company is poised to make the largest-ever capital investment into the southern US State of Louisiana, with a second, even bigger, investment under investigation. JSE-listed energy and chemicals group Sasol is poised to invest... 

Mining seen posing a threat to water quality in the future

By: Sashnee Moodley Future mining activities will take place in potentially water-scarce areas, which will also affect water quality in those areas, creating a threat that must be addressed. 

Company sells new underground mining pipes at expo

By: Pimani Baloyi Local pipes manufacturer Marley Pipe Systems sold several of its newly launched MegaTuff co-extruded flame-retardant high-density polyethylene (HDPE) and ventilation pipes for underground mining at this year’s Electra Mining Africa exhibition, where the products were introduced to the market for... 

AEL leans on coal, iron-ore

By: Natasha Odendaal As strikes in South Africa’s mining space, particularly within underground operations, weigh on AECI during 2014, the JSE-listed group has moved to lean more on the coal and iron-ore sectors to bolster the group’s bottom line. Speaking at an investor day at AECI’s Woodmead offices, on Tuesday,... 

Sasol Mining maintains presence at Mining Lekgotla

By: David Oliveira Energy and chemicals group Sasol mining subsidiary Sasol Mining maintained its presence at the Mining Lekgotla this year, which included a speech delivered by Sasol sustainability and business transformation executive director Nolitha Fakude on the role of industrialisation in enhancing... 

Electronic blasting best prevents hazardous explosions

Explosives manufacturer and supplier AEL Mining Services (AEL) is developing wireless electrical blasting technology that will prevent hazardous explosions during the blasting process. AEL group consulting mining engineer Simon Tose says the company is committed to mitigating the damage that the... 

More bulk for mines using new conveyor

Mines can save time and money by moving larger volumes of their mined materials using the Helix 800 – the new flexible screw conveyor by global bulk materials handling equipment manufacturer Hapman, says product manager Mike Zeluff. “Launched in July, the Helix 800 is one of the largest flexible... 

Resources Watch

By: Creamer Media Reporter Sasol repositions itself for gas-based future. Gov, business and labour grapple with hostile labour climate at Nov summit. And, Sasol expects R4bn in restructuring savings, without ‘forced’ job cuts. 

Sasol repositions itself for gas-based future 

By: Terence Creamer South African energy and chemicals group Sasol has “strategically repositioned” itself over the past three years to focus on gas-based opportunities in Southern Africa and North America, having moved away from coal-to-liquids opportunities in China, Indonesia, India and South Africa. The... 

B&W Instrumentation and Electrical

Established more than 40 years ago, B&W Instrumentation and Electrical has grown into one of South Africa’s largest specialist electrical and instrumentation (E&I) construction groups, with a footprint throughout South Africa and across Sub-Saharan Africa. 

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