GOLD 1572.67 $/ozChange: 7.02
PLATINUM 1431.50 $/ozChange: 8.00
R/$ exchange 8.41Change: -0.01
R/€ exchange 10.52Change: 0.02
 
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Electricity Costs
 
New South Wales Minerals Council

Company Announcement:Bob Brown’s carbon tax to hit NSW power bills harder PDF Available

Senator Bob Brown‟s parting legacy, the Federal Government‟s carbon tax, will increase the electricity costs of NSW families and businesses more than the other States because NSW receives none of the Energy Security package compensation for...
13th April 2012
 
Mining Services

Cooling towers integral to energy efficiency

Inefficient cooling towers contribute to a high level of wasted energy, which accounts for a significant portion of a deep-level mines’ production costs, says South Africa-based Industrial Cooling Towers (ICT) GM Henk Oosthuizen.
6th April 2012
 
PLATINUM

RBPlat sees challenging year ahead

JSE-listed Royal Bafokeng Platinum (RBPlats) is expecting a “challenging” year ahead – both from a market and operational perspective. The platinum group metals (PGM) miner, which owns the Bafokeng Rasimone Platinum Mine (BRPM), would make...
28th February 2012
 
POWER PRICES

Business welcomes Zuma’s power price stance, Eskom prepares options

The focus in President Jacob Zuma’s State of the Nation address on moderating the rate of increase in South Africa’s electricity tariffs has received strong support from business groupings. Zuma said that he had asked Eskom “to seek options...
10th February 2012
 
Energy Services

Energy efficiency remains industry priority

Electrical equipment supplier Zest Group, which is also the local branch and distributor for motor manufacturer WEG, reports that it has noticed a definite industry trend towards more energy efficient power transmission products.
7th October 2011
 
Video Clips

Third-party channel agreement to increase local low-voltage product presence Video Available

Mike Cronin MD Elquip Solutions Electrical, automation and mechanical products and equipment supplier Elquip Solutions reports it has been appointed as power and automation technology group ABB’s third-party channel, in August.
7th October 2011
 
Mining Services

Pumps meeting energy needs

The latest high-efficiency pumps introduced by German-based pumps manufacturer Wilo deliver electricity savings of up to 80% more than previous-generation pumps, says Wilo South Africa MD Errol Cornelius.
26th August 2011
 
GOLD

Harmony earnings fall as costs bite, CEO bullish on gold Video Available

Graham Briggs CEO Harmony Gold Cost pressures and writing down the value of certain mining assets, saw the world’s fifth largest gold producer’s quarterly headline earnings fall by 67%. Harmony Gold, which has operations and projects in South Africa and Papua New Guinea...
15th August 2011
 
Exploration

Quebec lithium mine’s site construction scheduled for third quarter

Mine developer Canada Lithium Corporation reports the initial site construction of a mine and lithium carbonate processing facility at its Québec Lithium Project, near Val d'Or, Québec, should start in the third quarter of this year. The...
22nd July 2011
 
Mining Services

Energy savings achieved through pumps

Energy consumption is the most critical factor in the total cost of owning and operating a pump says slurry equipment solutions provider Weir Minerals pump development manager Murray Jooste.
10th June 2011
 
PLATINUM

Investors increasingly wary of SA - Lonmin chair

There is a “growing sense of concern” among London’s investment community over the risks of mining in South Africa, number-three platinum producer chairperson Roger Phillimore said in an interview on Thursday. “There is a growing...
9th June 2011
 
GOLD

Pan African to build solar plant at Barberton mine

South African precious metals junior Pan African Resources will install a 15 kW solar power plant at its Barberton mine, in Mpumalanga, at a cost of R600 000. The capital cost of the project will be shared between Pan African and an Asia-based...
9th June 2011
 
 
Topic Multimedia
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Second Take: West Africa iron-ore Video
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US legislators visit Sasol mines to view new... Video
Sasol to apply for Waterberg coal mining licence Video
Eskom calls for urgent ‘guidance’ on its... Video
Sasol opens new R3.5bn coal shaft in Mpumalanga Video
Higher gold price needed to sustain mining –... Video
Second Take: Mining investment Video
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Anooraq focusing on doubling output... Audio
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Wits Gold plans to move De Bron into... Audio
London Mining expects iron-ore prices... Audio
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Kebble R1bn unlocked as... Audio
Geovic confident on Cameroon cobalt... Audio