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Mining's biggest mystery is what Agarwal plans to do with Anglo

By: Bloomberg     21st September 2017 As Anglo American’s board met at the lavish Vergelegen wine estate in South Africa yesterday evening as part of a 100-year celebration, executives were blindsided by news headlines: Indian mining tycoon Anil Agarwal was becoming the biggest shareholder. After Anglo’s managers partied to honor the... 

Johnson Matthey to invest £200m in battery material technology

By: Reuters     21st September 2017 Johnson Matthey said it will invest an initial £200-million in expanding its battery material technology business from 2018, aiming to capitalise on growth in the electric vehicle market. The specialty chemicals company said the overall market "could be (worth) more than $30-billion (in) sales... 

Market Report: How carbon is shaping energy for mines

By: Creamer Media Reporter      20th September 2017 By Catherine Skrzypinski, Energy and Mines Alongside power security and cutting energy costs, reducing the emissions intensity of mining operations has been elevated to a top strategic concern for the global mining sector. The combination of carbon pricing in key mining markets and increased... 

Two more firms fire KPMG as corporate South Africa weighs links with auditor

By: Reuters     19th September 2017 A South African broker and an energy investment firm fired KPMG on Tuesday, two of a host of local firms weighing whether to ditch the auditor to distance themselves from a scandal involving business friends of President Jacob Zuma. Sasfin and Hulisani, both relatively small financial companies... 

Rally in zinc price raises spectre of substitution

By: Reuters     19th September 2017 A sharp rally in zinc prices is posing the threat that industrial users will find ways to substitute the metal with cheaper alternatives or use less, curbing overall consumption. High prices may also dampen a nascent move by Chinese automakers to use more zinc for galvanising, while the Western... 

Fleet Renewal Puts Burma Plant Hire At Cutting Edge

     18th September 2017 A restructuring and fleet renewal programme at Cape Town-based Burma Plant Hire has put the company on track for further growth in the construction, mining and other sectors. Significantly, the company is a Level 2 contributor to BBBEE. In addition to its traditional base load work in the... 

Nitrogen generator offers Zambian mines extended tyre life

By: Simone Liedtke     15th September 2017 There are several opencast mines on the Copperbelt in Zambia using large haul trucks to transport ore from the pit for crushing and processing, and extending the life of tyres plays a significant role in cutting costs and improving production, says on-site nitrogen gas generator supplier NitraLife. 

Rand Transmission Company South Africa

     15th September 2017 Having started operating in May 2015, Rand Transmission Company South Africa’s (RTC SA’s) mission is to be importers and suppliers of superior quality power transmission products at affordable prices. RTC SA is backed with the highest levels of service and technical support to various project... 

Coal market boom casts bullish trajectory for Corsa as it prowls for M&A ops

By: Henry Lazenby     14th September 2017 Surprising as it may seem, coal demand is at an all-time high, with the current heydays spelling “good profits and rising margins” for several miners in this space, including US-focused Corsa Coal. The TSX-V-listed miner, which produces coal from six mines, has one development mine and operates... 

Metminco gets go-ahead for underground ops

By: Esmarie Swanepoel     14th September 2017 Dual-listed Metminco has received approval from the Colombian environmental agency in the Department of Risaralda, to conduct underground development at its Miraflores gold project. The development approval will allow the company to expose the previously defined ore zones on multiple levels, up... 

Campaign for more diamond ads wins support from India's gem hub

By: Bloomberg     14th September 2017 The push for bigger diamond advertising campaigns and marketing to wealthy millennials has won support from a key part of the industry: India’s manufacturers and retailers. India’s Gem & Jewellery Export Promotion Council, which represents almost 6 000 diamond companies, has agreed to contribute... 

China sends one of the West's most critical materials soaring

By: Bloomberg     11th September 2017 The price of one of the most critical materials for the Western world’s economy and defenses is spiking faster than any major commodity. Tungsten, used to harden steel in ballistic missiles and in drill bits, has surged more than 50% in the last two months amid growing concern about supply... 

Company’s solutions address minerals processing inefficiencies

By: Marleny Arnoldi     8th September 2017 To address water contamination in the minerals processing sector, processing specialist Multotec is installing its CleanTeQ ion-exchange system, which is designed for the removal of soluble elements from process water, at operations in Oman and soon in the Democratic Republic of Congo.  

Myriad of opportunities in Zim’s mining sector

     8th September 2017 Zimbabwe is poised for growth and, with the country committed to ensuring a sustainable growth path, there are a host of investment opportunities in the mining industry to be capitalised on. This is according to the investment promotion body Zimbabwe Investment Authority‘s Invest in Zimbabwe... 

Poor market conditions lead to diversification

By: Marleny Arnoldi     8th September 2017 Owing to tough ferrochrome and ferromanganese market conditions globally, process and engineering service provider Metix has had to widen its focus beyond ferrous metals and target the processing of other commodities.  

Success at C-Cut, but earlier design input needed 

By: Marleny Arnoldi     8th September 2017 Wear solutions provider Rio-Carb completed a liner supply project for diamond miner Petra Diamonds’ Cullinan mine, near Pretoria, in Gauteng, in June.  

Electra Mining Botswana to showcase latest products and technologies

     6th September 2017 Botswana’s largest mining, industrial and power generation exhibition will be showcasing the latest products and technologies, equipment and machinery, and cutting-edge systems and services when it opens its doors in September. Taking place at the Gabarone Fairgrounds from 12-14 September,... 

Electra Mining Botswana to showcase latest products and technologies

     6th September 2017 Botswana’s largest mining, industrial and power generation exhibition will be showcasing the latest products and technologies, equipment and machinery, and cutting-edge systems and services when it opens its doors in September. Taking place at the Gabarone Fairgrounds from 12-14 September,... 

Russia plans gem reform to compete with India's million workers

By: Bloomberg     6th September 2017 Russia wants its biggest diamond miner to work more closely with the country’s top gem cutters so the industry can better compete in a market that’s dominated by Indian manufacturers. As part of a plan to boost the competitiveness of Russian diamonds, the government wants  Alrosa PJSC to offer... 

Heavy haul rail industry urged to improve efficiencies

By: Kim Cloete     5th September 2017 The heavy haul industry should work hard to improve the efficiency of rail operations, cut costs of doing business and create internationally competitive supply chains, says Transnet Group CE Siyabonga Gama. He told delegates at the eleventh International Heavy Haul Association (IHHA) conference,... 

World's richest mines slipping from hands of multinationals

By: Bloomberg     5th September 2017 Outnumbered and outflanked, Freeport-McMoRan CEO Richard Adkerson made an about-face. Only months before, Adkerson had dismissed the idea of selling a majority stake in the Phoenix-based company’s flagship Indonesian copper-and-gold mine to local investors. But, seated beside government officials... 

Flexibility In Maintenance Package Should Be Infinite – Weir

     1st September 2017 To allow each mining customer to choose the most effective maintenance strategy for its particular conditions, Weir Minerals is offering ‘infinite flexibility’ in its range of solutions to keep its equipment operating at the lowest cost per ton over its full life cycle. According to Kobus Fourie,... 

Newmont Tanami expansion reaches commercial production, adds growth platform

By: Schalk Burger     1st September 2017 NYSE-listed gold and copper producer Newmont’s Tanami expansion project, in northern Australia, has reached commercial production, adding profitable production and extending the life-of-mine, the company stated Thursday. The project, which was completed on time and within budget, will increase... 

ACCOMODATION ACCOMPLISHMENT

By: Anine Kilian     1st September 2017 Platinum producer Lonmin last month showcased the first two phases of infill apartments at the company’s Wonderkop and Eastern sites, close to the converted hostel family units, in North West province. The R410-million development currently comprises 493 completed units, of which 403 have been... 

Conveyor belts tackle Botswana diamond mining conditions

     1st September 2017 Rubber and plastics technology specialist ContiTech’s conveyor belts are in use by Botswana’s largest diamond producer. ContiTech’s conveyor belt technology is known for its high-impact-resistant conveyor covers, providing an extended belt life in real-field applications, that use advanced... 

Higher aluminium prices lift Rusal Q2 core earnings

By: Reuters     25th August 2017 Russian aluminium giant Rusal reported a 48% rise in second-quarter core earnings on Friday due to a higher aluminium price, and pointed to a positive outlook for the second half as supply in China tightens. Earnings before interest, tax, depreciation and amortisation (EBITDA) rose to... 

Feasibility update on Fortune’s Nico project delayed by laboratory congestion

By: Henry Lazenby     25th August 2017 Investors will have to wait a little longer to review an update of the 2014 feasibility study on project developer Fortune Minerals’ Nico cobalt/gold/bismuth/copper project, in Canada’s Northwest Territories. The London, Ontario-based explorer said on Thursday that the feasibility study update by... 

$70m already spent at $134m DRC tin project

By: Ilan Solomons     25th August 2017 Tin exploration and development company Alphamin Resources is nearing completion of the boxcut at its 9 900 t/y Bisie tin project, in North Kivu, in the Democratic Republic of Congo (DRC). Alphamin CEO Boris Kamstra tells Mining Weekly that local earthworks contractor Kongo River, which is... 

Angola pushes mining production increases and diversification

By: Keith Campbell     25th August 2017 Angola’s State-owned diamond group Endiama is going to encourage the development of semi-industrial cooperatives in each and every province of the country, to explore for diamonds. This was stated by Endiama Board member and group Director of Geology Luís Quitamba, the Angolan news agency Angop... 

Narrow-reef mining solutions in the works

By: Tasneem Bulbulia     25th August 2017 With the platinum mining industry in South Africa experiencing tough times, technology has become a major driver in reducing costs and facilitating improved productivity, and global engineering group Sandvik Mining and Rock Technology is assisting in this regard through its strides in... 

Seventh platinum conference to be held in October

     25th August 2017 Platinum producer Anglo American Platinum mining head Frik Fourie is scheduled to present a keynote address on how to make the South African mining business globally attractive again at the South African Institute of Mining and Metallurgy (SAIMM’s) seventh International Platinum Conference –... 

Gold futures punch through $1 300 as global stocks extend losses 

By: Bloomberg     18th August 2017 Gold futures broke above $1 300/oz, rising to the highest level since November, as global stocks dropped and investors fretted that turmoil in the White House will prevent President Donald Trump from delivering on his legislative agenda. Futures for delivery in December advanced as much as 1.1%... 

New tech combination to solve communication lag

By: Simone Liedtke     18th August 2017 Mines of the future will have fewer people and a higher level of automation, but to be successful, Australia-based mining system designer and manufacturer Nautitech GM Alex Lester says mines will need reliable communications as well as visibility of underground operations. 

‘Next-gen’ butt-welding machine keeps mine start-up on track 

By: Simone Liedtke     18th August 2017 Industrial plastic piping company Plasti-Tech Piping Systems has supplied “next-generation” plastic pipe butt-welding technology for the installation and commissioning of a 15-km-long, 315-mm-wide, high-density polyethylene water supply pipeline for the Balama openpit graphite mine being... 

Harmony ups South African capex, pays 70% higher dividend 

By: Martin Creamer     17th August 2017 Gold mining company Harmony Gold, which spent R2.3-billion capital expenditure (capex) on its South African operations in the 12 months to June 30, will be increasing its capex to R2.7-billion for mainly the ongoing development of the Phakisa and Tshepong gold mines in the Free State. The... 

Africa's biggest copper mine hit by Zambian power restrictions

By: Bloomberg     15th August 2017 Zambia is cutting power to mines including Africa’s biggest copper site, the Kansanshi pit owned by First Quantum Minerals, escalating a fight over tariffs. "They have still got some significant amount of power for them to operate, but obviously their operations will not be at 100% because of the... 

Bisie boxcut nears completion, first tin concentrates in 2019

By: Ilan Solomons     15th August 2017 Tin exploration and development company Alphamin Resources is nearing completion of the boxcut at its 9 900 t/y Bisie tin project, in North Kivu, in the Democratic Republic of Congo (DRC). Alphamin CEO Boris Kamstra tells Mining Weekly Online that local earthworks contractor Kongo River, which is... 

PoC Works team a powerhouse of innovation

     15th August 2017 Innovation has been the driving force behind RCT’s success with the company going from strength to strength in the past 45 years. As a result, the company now spans five proven sub-brands comprising of numerous proven solutions. RCT continues to advance its products and technology through formal... 

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