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Canada Cobalt produces first cobalt sulphate from Castle mine

By: Schalk Burger     17th August 2018 TSX-listed Canada Cobalt Works produced the first premium-grade cobalt sulphate from its 100%-owned Castle mine, in Northern Ontario, using its proprietary Re-2OX process.  President and CEO Frank Basa said in a statement on Thursday that pilot plant production of cobalt/nickel-rich gravity... 

CSIR, Mandela Mining Precinct combine forces in push to improve safety and productivity

By: Nadine James     17th August 2018 The Council for Scientific and Industrial Research (CSIR), as part of its collaboration with the Mandela Mining Precinct, has either developed or adapted several technologies that could be applied in mining environments to improve safety, productivity and efficiency. The function of the Mandela... 

Angola seeks to stimulate diamond, ornamental stone exports

By: Rebecca Campbell     17th August 2018 The Angolan newspaper “Jornal de Angola” has reported that diamond mining companies operating in the country will, in future, be able to sell up to 60% of their production in the free market, under the country’s new Diamond Commercialisation Policy. Under the previous system, adopted in 2007,... 

CSIR, Mandela Mining Precinct combine forces in push to improve safety and productivity

By: Nadine James     17th August 2018 The Council for Scientific and Industrial Research (CSIR), as part of its collaboration with the Mandela Mining Precinct, has either developed or adapted several technologies that could be applied in mining environments to improve safety, productivity and efficiency. The function of the Mandela... 

Nornickel earnings jump on higher metal prices, operational efficiencies

By: Simone Liedtke     13th August 2018 Nickel and palladium producer Norilsk Nickel (Nornickel) reported a 77% year-on-year increase to $3.1-billion in earnings before interest, taxes, depreciation and amortisation (Ebitda) in the first half of 2018, driven by higher metal revenue and operational efficiency gains. The Ebitda margin... 

Minnovare and Northern Star Resources Announce New ‘Technology Collaboration’.

13th August 2018 Minnovare’s ongoing collaboration with industry leading gold miner Northern Star Resources, has led to the announcement of an official ‘Technology Collaboration’ that sees the development and implementation of Minnovare technology across Northern Star’s operations in Western Australia. The... 

Trevali lifts Q2 zinc output

By: Simone Liedtke     10th August 2018 TSX-listed Trevali Mining saw achieved higher zinc production in the second quarter, ended June 30, and remains on track to achieve its full-year production and cost guidance, president and CEO Dr Mark Cruise said on Friday. Production guidance for the year remains unchanged at 400-million to... 

Australia remains competitive in drillhole technology use

By: Donald Makhafola     10th August 2018 Australia is often regarded as the battleground for new technologies, and is well recognised as an early adopter, says Australia-based supplier of drill-hole navigation and measurement equipment Axis Mining Technology director Paul Wilkie. “Following the post-boom gloom, we are now seeing... 

Greenfield exploration essential to Australia

By: Donald Makhafola     10th August 2018 Greenfield exploration expenditure in Australia has declined in absolute terms and as a share of total exploration expenditure over the past decade; this must be reversed to attract greater mining investment and continue receiving the economic benefits derived from mining, says association for... 

Barloworld Equipment launches next-generation excavators in the Southern African market

By: Nadine James     10th August 2018 Southern African dealer for Cat earthmoving equipment Barloworld Equipment officially launched three new Cat excavator models – the 320, 320GC and 323 – at an event held at the Nasrec Exhibition Centre, last week. All three boast increased operating efficiency, lower fuel and maintenance costs as... 

Combined actuator process more cost effective

By: Halima Frost     10th August 2018 Flow control supplier Rotork Africa has aligned two of its leading valve and damper products to maximise cost savings for maintenance applications. The Rotork Skilmatic electric valve actuator, made specifically for the mining and petrochemicals industries, has been integrated with the Rotork... 

Hydraulic trash pumps suitable for mining conditions

By: Donald Makhafola     10th August 2018 Australian pump specialist Aussie Pump Industries has noted a significant increase in the use of hydraulic drive trash pumps, which eliminates the use of internal combustion engines, says Australian pump specialist Aussie Pumps Industries chief engineer John Hales. “Our trash pumps can be adapted... 

Aurubis Q2 profit falls more than expected

By: Reuters     9th August 2018 Aurubis AG, Europe's biggest copper smelter, on Thursday posted a fall in quarterly profit but confirmed its forecast of higher earnings in its current year. Aurubis said its operating earnings before taxes (EBT) fell 16% to 78-million euros in its fiscal third quarter to end-June, below... 

Rosneft more than triples Q2 net profit, shares hit record

By: Reuters     7th August 2018 Russia's largest oil producer Rosneft said on Tuesday its second-quarter net profit more than tripled to 228-billion roubles on higher production and prices, pushing its shares to an all-time peak. Rosneft, in which Qatar is set to become the third-largest shareholder after the Russian state and... 

Draft charter offers opportunity to improve policy certainty, investor perception

By: Simone Liedtke     7th August 2018 The draft 2018 iteration of the Mining Charter, as well as the Mineral and Petroleum Resources Development Act and social and labour plans amendments expected later this year, offer an opportunity to improve regulatory and policy certainty and, subsequently, investor perception in the South... 

‘Solid’ safety: Vital Engineering’s solid forged handrails and stair tread nosing – safety assured for the local and pan-African mining sector

7th August 2018 Mining is a primary creator of wealth and employment, and, as such, places demands on the people and equipment employed this all-important sector. To keep mines operating efficiently, quick, safe access to areas such as minerals processing plants is essential. Founded in 1939, Vital Engineering... 

Miners set to spend $11bn in search of the next jackpot

By: Bloomberg     7th August 2018 Miners and investors are poring over satellite images, tracking drilling rigs and quizzing company executives for clues on whether the sector’s heavyweights are close to a new jackpot discovery. As Rio Tinto Group searches Australia’s Great Sandy Desert for copper and Anglo American scours a 19... 

Rising oil prices threaten to erode mining sector's profitability

By: Reuters     6th August 2018 Rising oil prices are the latest challenge to the mining sector's profitability, threatening to eclipse hard-fought efficiency gains during the past two years and increasing metals demand. Miners use heavy fuel oil to generate electricity at remote sites; they also use it for transport, with... 

Free-to-attend seminars to share latest industry insights

By: Creamer Media Reporter      3rd August 2018 Taking place from 10-14 September at the Expo Centre in Nasrec, Johannesburg, visitors to this year’s Electra Mining Africa will not only have the potential of engaging with 900+ exhibitors across the inside halls and outside exhibit areas, they will also have the opportunity to attend daily... 

Further progress required in gender transformation

By: Tasneem Bulbulia     3rd August 2018 The mining industry has made major strides as an equal opportunity employer, and is not as bad as some people perceive it to be, with a number of opportunities available for women through employment opportunities and training and development, says diversified natural resource company Glencore... 

Implats’ R2.7bn cut of 13 000 jobs, five shafts, 230 000 oz, evokes Minister’s rebuke 

By: Martin Creamer     2nd August 2018 The drastic R2.7-billion restructure of the Impala Rustenburg mine, involving the loss of 13 000 jobs, the closure of five shafts and cutting of 230 000 oz out of yearly platinum production, has evoked a strong rebuke from the Mineral Resources Minister Gwede Mantashe, who has accused Impala... 

CDE and YTL promote manufactured sand as the construction material of the future

By: Creamer Media Reporter      2nd August 2018 Batu Tiga Quarry Sdn Bhd, YTL Corporation Berhad's quarry division, operates 15 quarry sites with 25 crushing and screening plants in Peninsular Malaysia, producing more than 21 million tonnes of quarry products per year. The division produces various sizes of quarry products including 20mm,... 

When modularity matters

By: Creamer Media Reporter      2nd August 2018 Texas-based sand and gravel company relocates its CDE wet processing plant to new site to optimise return on investment. Texas-based Metroplex Sand & Gravel   company has been enjoying the benefits of the CDE modular approach to wet processing equipment. The company has recently exercised the... 

Investors cheer Ivanhoe’s resource update for Kipushi

By: Mariaan Webb     30th July 2018 Canadian major Ivanhoe Mines on Monday published a mineral resource estimate update for its Kipushi zinc/copper/silver/germanium project in the Democratic Republic of Congo (DRC), increasing the past-producing mine’s zinc-rich resources by 16% and copper-rich resources by 40%. The new estimate,... 

Lack of investment stymies SA coal producers

By: Nadine James     27th July 2018 A lack of investment is hindering the South African coal industry’s ability to capitalise on a period of relatively stable demand for thermal and metallurgical coal locally and abroad, says XMP Consulting senior coal analyst Xavier Prevost. The local coal industry is experiencing a challenging... 

Iron-ore processing requires stronger equipment

By: Paige Müller     27th July 2018 Materials handling wear solutions company Rio-Carb’s turnkey liner solutions are “ideal” for reducing the regular and costly maintenance required by iron-ore processing facilities, says Rio-Carb director Sias Suurd. He tells Mining Weekly that iron-ore is particularly demanding on processing... 

Lack of investment stymies SA coal producers

By: Nadine James     27th July 2018 A lack of investment is hindering the South African coal industry’s ability to capitalise on a period of relatively stable demand for thermal and metallurgical coal locally and abroad, says XMP Consulting senior coal analyst Xavier Prevost. The local coal industry is experiencing a challenging... 

De Beers sizes up Canadian diamond project, first big buy in nearly 2 decades

By: Reuters     26th July 2018 Anglo American unit De Beers expects its purchase of Canada's Peregrine Diamonds, its first upstream diamond acquisition since 2000, to be completed in a month to six weeks' time. Only then can it really start sizing up the asset. Peregrine is the sole owner of the Chidliak project on Baffin... 

Minnovare and IDS Announce Agreement to Distribute Azimuth Aligner® Drill Rig Alignment Technology for Construction and Mineral Exploration

26th July 2018 IDS to Distribute Minnovare Azimuth Aligner®. International Directional Services (IDS) has entered into an agreement with Minnovare to distribute the Azimuth Aligner® drill rig alignment system. 

Fortescue has its best quarter with 46.5Mt shipped

By: Esmarie Swanepoel     26th July 2018 Iron-ore major Fortescue Metals has reported record iron-ore shipments of 46.5-million during the three months to June. “It was a strong finish to 2018 with the team delivering record shipments of 46.5-million tonnes in the quarter to achieve our target of 170-million tonnes for the full year.... 

Greenpeace, DA scrutinise Eskom, China Bank’s R33bn loan agreement 

By: Marleny Arnoldi     25th July 2018 Nonprofit organisation Greenpeace has expressed its disappointment at China choosing to support “dirty, dead-end coal” in South Africa, especially since China has an emerging and strengthening leadership on climate change. This comment follows after State-owned power utility Eskom on Tuesday... 

Kibali mine targets record production following underground ramp-up

By: Nadine James     25th July 2018 Gold production at Randgold Resources’ Kibali mine, in the Democratic Republic of Congo (DRC), is rising steadily on the back of the optimisation of its automated underground operation, and it is on track to beat its guidance of 730 000 oz for 2018, Randgold CE Mark Bristow said on Wednesday.... 

Transnet signs manganese capacity allocation contract with Assmang

By: Anine Kilian     25th July 2018 State-owned Transnet has signed a seven-and-a-half-year Manganese Export Capacity Allocation (MECA2) contract with Assmang as part of its strategy to secure 95% of manganese volumes on rail. The contract, which will see the transportation of export manganese from pit to port, offers Assmang, the... 

Polyus Q2 production results shine

By: Mariaan Webb     24th July 2018 Russian gold miner Polyus on Tuesday reported strong second-quarter production results, with output climbing by 23% year-on-year to 602 000 oz, taking half-year production to 1.12-million ounces. The second quarter’s production is also a 19% improvement on the previous quarter, the miner said in... 

Brics bank approves $600m loans for South African, Chinese projects

By: Reuters     24th July 2018 The New Development Bank, set up by the Brics group of emerging economies, has approved loans of $300-million for energy projects in South Africa and $300-million for a transportation project in China. South Africa, which will host a Brics summit later this week in Johannesburg, is trying to... 

New crawler excavator available to local market

20th July 2018 The new, robust Hyundai R260LC-9S crawler excavator from construction equipment manufacturer Hyundai Earthmoving Equipment is now available and has been introduced to the Southern African market, says Hyundai Construction Equipment distributor HPE Africa. The R260LC-9S crawler excavator is... 

Hytec focuses on improving turnaround times

20th July 2018 Kempton Park-based hydraulic cylinder manufacturer Hytec Engineering, which is part of the Hytec Group, has enhanced its service offering this year by purchasing four additional computer numerical control (CNC) machines to increase quality improvements and lower cylinder downtime with the... 

Sedibeng Iron Ore DMS plant to feature industry 4.0 technologies

By: Nadine James     20th July 2018 ELB Engineering Services is excited to be involved in the construction and digitalisation of the 200 t/h dense media separation (DMS) plant at Sedibeng Iron Ore, near Postmasburg in the Northern Cape, says CEO, Dr Stephen Meijers. Meijers explains that the project aims to incorporate Industry 4.0... 

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