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Press Office - SRK Mining

SRK Mining

SRK provides expert advice and solutions for clients requiring specialised services, mainly in the fields of mining, geotechnics, water, waste and the environment.

SRK seeks to serve clients across a range of industries that are primarily natural resource based. The firm’s primary business is the provision of professional consulting services.

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On-The-Air (17/08/2018) 

By: Martin Creamer     17th August 2018 Yet another huge mine is in serious financial trouble, which is throwing up the dread of more mass retrenchment. South Africa should adopt the growth model that has proved so resoundingly successful for the economy of Canada. The Constitutional Court should be called upon to lift the veil of... 

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... 

Western Uranium raises funds in positive macroeconomic environment

By: Nadine James     17th August 2018 US-focused uranium and vanadium mining company Western Uranium Corporation is benefiting from a positive macroenvironment and price increases for both uranium and vanadium, which have increasingly led management to focus on strategic, operational and capital raising opportunities, the company... 

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... 

New smartphone suitable for mining environments

By: Jessica Oosthuizen     17th August 2018 Global mining and construction equipment manufacturer Caterpillar and mobile phone and consumer electronics company Bullitt Group have released the new Cat S61 smartphone – that can withstand harsh elements and tough terrains, such as those in the mining environment. The phone was launched in... 

Miner looks to meet Southern Africa’s zinc deficit

By: Erin Steenhoff-Snethlage     17th August 2018 While the zinc industry is poised to have a structural deficit until 2022, diversified miner Vedanta Resources' Vedanta Zinc International (VZI) is well positioned to meet the needs of South African zinc users, says VZI and Vedanta Resources Africa Base Metals CEO Deshnee Naidoo. “The feasibility... 

Genuine effort to ensure localisation and transformation are key to success of mining sector

By: Nadine James     17th August 2018 Becoming a sustainable and relevant mining industry service provider requires a genuine effort to meet and address issues of localisation and transformation, while fostering local partnerships to develop extractive projects in African countries, suggests engineering, procurement and construction... 

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... 

BEKA Schréder Launches World First App

By: Creamer Media Reporter      16th August 2018 BEKA Schréder is excited to announce the launch of its Augmented Reality (AR) App, a first in the world with street lighting applications. It offers an arsenal of scaled and accurately detailed products in the palm of your hands. BEKA Schréder’s App is the first in the world to use augmented... 

Iluka's H1 earnings surge

By: Esmarie Swanepoel     16th August 2018 Mineral sands miner Iluka has reported an 80% increase in the underlying group earnings before interest, tax, depreciation and amortization (EBITDA) for the half-year to June. Underlying EBITDA reached A$278.5-million in the interim period, compared with the A$154.6-million in the previous... 

Creativity Saves Lives. Protect your people today, tomorrow and for the future

15th August 2018 A strong Health and Safety culture improves productivity and assists in creating a safe and great place to work. The Health and Safety Dialogue Company Ltd ensures labour force, management, community and all stakeholders are aligned in creating and respecting a safe and healthy working environment.  

Mining production increases 2.8% y/y in June

By: Marleny Arnoldi     14th August 2018 Mining production increased by 2.8% year-on-year in June, from a 1.8% decline in May, with the largest positive contributor being platinum group metals (PGMs), which rose by 28.2% and contributed 5.9 percentage points, says Statistics South Africa (Stats SA). Other positive contributors were... 

Champion appoints Roxgold finance chief as its CFO

By: Creamer Media Reporter      14th August 2018 TSX-listed Champion Iron on Tuesday announced the appointment of Natacha Garoute as CFO. Garoute has more than 20 years of finance experience, with a strong focus on mining, most recently as CFO of TSX-listed gold producer Roxgold. 

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... 

Threat of contagion in emerging markets deepens commodity risk

By: Bloomberg     13th August 2018 When Thailand devalued its currency two decades ago, few in global commodity markets took note. Within a year, the crisis morphed into an emerging-market rout that eviscerated the price of everything from crude oil to copper. Fast forward to today and Turkey is presenting a similar challenge. The... 

BHP says Brazil court approves Samarco settlement

By: Reuters     10th August 2018 Mining heavyweight BHP said on Thursday a federal court in the Brazilian state of Minas Gerais approved an agreement between miner Samarco and Brazil authorities, marking a milestone in the legal battle over a deadly 2015 dam failure. A 20-billion reais ($5.- billion) lawsuit against Samarco,... 

Increased exploration spend boosts services demand

By: Donald Makhafola     10th August 2018 Mining activities and the number of exploration projects in Australia have been steadily increasing since 2017, and this has, subsequently, resulted in an increased demand for South African airborne geophysics technology provider Spectrem Air’s services, says Spectrem Air GM Louis Polomé.... 

Mining should bolster environmental, social sustainability

By: Donald Makhafola     10th August 2018 The Australian mining industry’s challenges pertain to environmentally sustainable practices, rather than community sustainability, which is the case in the African mining industry, says global engineering consulting firm Aurecon Brisbane technical director Andrew Keith. “However, in places such... 

Glencore darts ahead of diversified rivals

By: Martin Creamer     8th August 2018 The strength of the business model and commodity mix of mining and marketing company Glencore has been demonstrated once again by sharp increases in earnings and net income in the six months to June 30. The earnings before interest, taxes, depreciation and amortisation (Ebitda) of the 146... 

Battery metal deals still sparking - EY

By: Esmarie Swanepoel     8th August 2018 The battery metals sector appears to be somewhat isolated from the recently slow-down in global mining and metals transactions, advisory firm Ernst & Young (EY) said. EY earlier reported that global merger and acquisition (M&A) transaction values in the mining and metals sector fell by 9.5%... 

Permitting clock starts ticking at Anaconda’s Goldboro project

By: Mariaan Webb     7th August 2018 TSX-listed gold miner and explorer Anaconda has filed the registration document for its Goldboro project with the Nova Scotia Department of Environment, marking the start of the permitting process and getting the company one step closer to its aim of reaching the preproduction stage in 2020. The... 

‘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... 

Avenira raises cash for Baobab expansion studies

By: Esmarie Swanepoel     7th August 2018 Phosphate developer Avenira will raise A$2.8-million through a share placement to fund the completion of a feasibility study to expand the Baobab project, in Senega. Avenira will place more than 139.9-million shares, at a price of 2c each, with the company saying on Tuesday that it has received... 

Mosaic reports Q2 earnings, increases FY Ebitda guidance

By: Mariaan Webb     7th August 2018 NYSE-listed fertiliser company Mosaic on Monday reported second-quarter earnings of $97.9-million, on net sales of $2.2-billion and increased its earnings before interest, taxes, depreciation and amortisation (Ebitda) range on strong underlying business performance and lower full-year taxes. The... 

Glencore-Merafe venture’s H1 ferrochrome output decreases as production costs rise

By: Simone Liedtke     6th August 2018 JSE-listed Merafe Resources’ attributable ferrochrome production from the Glencore-Merafe chrome venture for the six months ended June 30, decreased by 2.3% to 211 000 t, with production for the period equivalent to an installed capacity utilisation of 88%. Total production costs per tonne of... 

Erudite adopts a fresh approach to transformation 

By: Nadine James     3rd August 2018 Becoming a sustainable and relevant mining industry service provider requires a genuine effort to meet and address issues of localisation and transformation, while fostering local partnerships to develop extractive projects in African countries, suggests engineering, procurement and construction... 

Number of female mineworkers gradually increasing as technology and conducive policies are introduced

By: Nadine James     3rd August 2018 The mining industry remains male dominated and much can still be done to address issues that specifically affect women. However, policies aimed at attracting, supporting and retaining women have led to a gradual, but steady increase in the number of women in core roles, as well as the industry in... 

S African company supplies four hoppers to Kenyan port

By: Halima Frost     3rd August 2018 South Africa-based equipment supplier BLTWORLD has assisted in supplying four materials handling specialist SAMSON Eco-Hoppers to the Kenyan Port of Mombasa, in June this year. Acquiring the hoppers is part of the Mombasa Resilient Infrastructure Programme (MRIP) initiative by the Kenya Ports... 

TRI opens subsidiary in South Africa  

By: Paige Müller     3rd August 2018 Global independent third-party geotechnical testing and research company TRI Environmental launched its new African subsidiary, TRI Africa Environmental Services, last month.   Owing to an increase in demand for its third-party quality assurance geotechnical testing services on the African... 

Company stalwart pioneers female managerial role

By: Tasneem Bulbulia     3rd August 2018 In a notable stride towards gender inclusivity in the diamond industry, De Beers Sightholder Sales South Africa’s Simangele Soni has become the first woman to occupy a senior operations manager role in the organisation. Appointed on March 1, Soni is now part of the sorting, valuation and sales... 

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... 

New drilling fleet to launch all-women crew

By: Tasneem Bulbulia     3rd August 2018 Mining industry drilling services provider Rosond will acquire a new fleet of fully remote controlled drills, which it will use as an opportunity to bring more women into the mining drilling arena by assembling its first ever all-women drilling crew, Rosond operations director Ricardo Cravo... 

Battery metals boom boosting services, project potential

By: Paige Müller     3rd August 2018 There is a boom in the battery metals mining space, owing to a global focus on environment-friendly power initiatives, or ‘green’ energy, says mining industry specialist consultants The MSA Group. MSA Group critical metals principal consultant Michael Cronwright says the company has noted a... 

Number of female mineworkers gradually increasing as technology and conducive policies are introduced

By: Nadine James     3rd August 2018 The mining industry remains male dominated and much can still be done to address issues that specifically affect women. However, policies aimed at attracting, supporting and retaining women have led to a gradual, but steady increase in the number of women in core roles, as well as the industry in... 

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... 

CCP hopes to get first investment approved by year-end

By: Anine Kilian     2nd August 2018 Recently launched 12J mining fund Concentrate Capital Partners (CCP) is hoping to get one of its first investments approved by year-end. Speaking to Mining Weekly Online on the sidelines of the 12J Marketplace conference, in Johannesburg, on Thursday, MD Paul Miller said the venture capital... 

Philippines says 23 of 27 mines pass review, but four may close

By: Reuters     2nd August 2018 The Philippines confirmed on Thursday that 23 of 27 mines reviewed for compliance with state regulations will continue to operate, while the remaining four in the world's No. 2 nickel supplier that failed the audit could face closure. The government review panel issued its final report after... 

Canada to soften carbon tax as firms fret about US competition

By: Reuters     2nd August 2018 Canada will soften the impact of a planned carbon tax on major emitters of greenhouse gases after businesses complained it would make them less competitive with the United States, officials said on Wednesday. The move underlines the challenges facing Canada as it tries to deal with Washington... 

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