http://www.miningweekly.com
R/€ = 15.87 Change: -0.27
R/$ = 13.66 Change: -0.22
Au 1278.54 $/oz Change: -21.47
Pt 884.00 $/oz Change: -20.07
 

Topic

Stefanutti Stocks Mechanical ‘shows its steel’ on Kwale Mineral Sands Phase 2: A milestone pan-African project, delivered on time

8th June 2018 Stefanutti Stocks Mechanical (SSM) have demonstrated their ability to compete in the pan- African mining sector by successfully executing Phase 2 of the Kwale Mineral Sands mine expansion project in Kenya (KP2). The project was awarded in June 2017 and scheduled for completion in April 2018.  SSM... 

Platinum price set for recovery this year – survey

By: Anine Kilian     7th June 2018 The platinum price is expected to exceed $1 000/oz in the second half of this year. “We expect the platinum price will start a recovery this year, albeit a gradual one. This is predicated on a small deficit this year, of nearly 300 000 oz, fuelled by a contraction in supply, chiefly from the... 

Botswana mining conference yielding opportunities

By: Melissa Zisengwe     25th May 2018 Mining and engineering company Pan African Minerals says it attended the 2018 Mining Investment Botswana Conference, which was held in Gaborone from April 10 to 11, to create partnerships, networks and take advantage of the business matching prospects. The company’s attendance has already yielded... 

Young, bridal jewellery consumers to drive platinum demand

By: Nadine James     18th May 2018 Young, bridal and self-purchasing jewellery consumers are emerging to contribute to platinum demand growth this year, the Platinum Guild International (PGI) reports. In its ‘2017 Platinum Jewellery Business Review’, the PGI found strong consumer retail sales growth in the US, Japan and India for... 

Platinum surplus to widen; fuel cells seen as key driver for future demand

By: Marleny Arnoldi     14th May 2018 The platinum market will move further into oversupply this year, as production from South Africa remains flat and demand is forecast to contract by 2.5%, the latest Johnson Matthey platinum group metals (PGM) market report states.  

Gold price to average $1 360/oz this year – survey

By: Simone Liedtke     8th May 2018 Thomson Reuters GFMS expects the gold price to average $1 360/oz this year and potentially briefly approach a 2018 peak towards $1 500/oz on any external shocks later in the year as it believes that the geopolitical climate and equity markets will continue to support gold’s role as a risk hedge.... 

New JV to lead to structured services solutions

By: Jessica Oosthuizen     27th April 2018 The joint venture (JV) between Stefanutti Stocks Mechanical – part of construction group Stefanutti Stocks – and Australian industrial services operation the Dawsons Group of Companies is “ground-breaking and a first for the pan-African mining sector”, says Stefanutti Stocks Mechanical MD Marius... 

Home-Grown, World Class Mine Winder Manufacture

16th April 2018 So well regarded is Parnis Manufacturing’s reputation in manufacturing and refurbishing mine winders, that the company recently delivered a 23 tonne, 3 metre single drum winder to a gold mining company in Canada. The unit will be used as a man winder and service hoist, and will be used to reach a... 

Global silver output falls 4.1% in 2017, as industrial demand ramps up – GFMS

By: Henry Lazenby     12th April 2018 A new survey by the GFMS team at Thomson Reuters has found that global silver output had fallen 4.1% in 2017 to 852.1-million ounces. Prepared by GFMS, the report found that total physical demand of 1.02-billion ounces was 25% lower year-on-year, signalling that the tightening of the... 

South Africa must be proactive in uranium beneficiation pursuit

By: Jessica Oosthuizen     6th April 2018 South Africa needs to decide whether it wants to be a dominant player in the world in terms of uranium exports, says South African Nuclear Energy Corporation (Necsa) scientist and chairperson Dr Kelvin Kemm. He tells Mining Weekly that if the country decides to pursue dominance in the industry,... 

Fluor Awarded Front-End Engineering and Design and Project Management Consultancy Contract for Phosphoric Acid Production Facility in Egypt

By: Creamer Media Reporter      4th April 2018 IRVING, Texas & CAIRO--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that it was awarded the front-end engineering design (FEED) contract by Egypt’s state energy firm Enppi for the offsites and utilities portion of the main plant complex and support services for the Waphco... 

Metals Focus sees gold climbing to $1 450/oz this year

By: Simone Liedtke     4th April 2018 Although facing a number of challenges, global market conditions are expected to become positive for gold this year, with the precious metal potentially testing  $1 450/oz before the end of 2018, consultancy Metals Focus says in its latest gold market report. The ‘Gold Focus 2018’ report, which... 

Global gold investment seen rising for 5th year in 2018 – CPM

By: Reuters     28th March 2018 Bullion investors, miners and makers of coins will help drive the fifth straight annual increase in total global gold investment in 2018, CPM Group said in its Gold Yearbook 2018 on Tuesday, citing geopolitical tensions and fears that the bubbling US economic expansion will end in a 2019... 

Vital To Retain Winder Engineering Skills In SA – Parnis

22nd February 2018 Once a powerhouse of engineering skills to support the local mining industry, South Africa must now work harder to ensure that it retains and passes on this technical capability – especially in fields like mine winder manufacture and refurbishment. Parnis Manufacturing works manager Brian Berry... 

Nautilus rises as vessel construction passes 75% completion mark

By: Henry Lazenby     20th February 2018 The TSX-listed equity of marine mining pioneer Nautilus Minerals has gained nearly 44% since the start of the year, adding about 7% on Tuesday alone on news that construction of its production support vessel has passed the 75% completion mark. Under construction at the Fujian Mawei Shipyard, in... 

Building Information Modelling for mining and minerals projects – going beyond 3D modelling

16th February 2018 In a leaner global market, operational efficiency and risk reduction are key considerations in any project. WorleyParsons RSA, a leading provider of professional services to the resources and energy sectors, has spent the last few years developing sophisticated, digital project design platforms... 

M&R committed to deliver sub-Saharan power and water prospects as mega-project era draws to close 

By: Creamer Media Reporter      14th February 2018 The Power & Water business platform within JSE-listed engineering and construction group Murray & Roberts (M&R) is beginning to shift its attention from Eskom’s two megascale power station projects, in Limpopo and Mpumalanga respectively, to tackling a range of smaller opportunities in various... 

SA’s oldest gold mine shifts to refrigerated cooling as it reaches greater depths

By: Dylan Slater     2nd February 2018 A cool breeze of change has swept over South Africa’s oldest listed gold mine – the Barberton gold mine, in Mpumalanga – where a refrige- rated cooling system has been installed to improve underground conditions as the mine reaches greater depths, where ambient air temperatures become hotter. The... 

Modular pump form exported to N America

2nd February 2018 To further enhance its presence in the US and Canada, South African slurry pumps provider Hazleton Pumps intends to ship its signature Hippo submersible slurry pumps in kit form, with electrical winding, assembly and testing to be undertaken on arrival to ensure the pumps are able to function... 

SA’s oldest gold mine shifts to refrigerated cooling as it reaches greater depths 

By: Dylan Slater     2nd February 2018 A cool breeze of change has swept over South Africa’s oldest listed gold mine – the Barberton gold mine, in Mpumalanga – where a refrigerated cooling system has been installed to improve underground conditions as the mine reaches deeper depths where ambient air temperatures get hotter.  

Gold expected to peak at $1 500/oz this year – Thomson Reuters

By: Mia Breytenbach     2nd February 2018 Gold prices are expected to average $1 360/oz and hit a 2018 peak of more than $1 500/oz later this year, according to research firm Thomson Reuters GFMS, which published its fourth-quarter Gold Survey last month. The firm noted that the survey’s forecast discounts three federal fund rate hikes... 

Tubular – Professionals of choice for SMEIPP services

2nd February 2018 Structural steelwork, mechanical, electrical, instrumentation, platework and piping (SMEIPP) services specialists for the construction industry Tubular offers clients a seamless process from foundation level to commissioning and the final handover of the project. A well respected and privately... 

Gold expected to peak at $1 500/oz this year – Thomson Reuters

By: Mia Breytenbach     25th January 2018 Gold prices are expected to average $1 360/oz and hit a 2018 peak of more than $1 500/oz later this year, according to research firm Thomson Reuters GFMS, which published its fourth-quarter Gold Survey on Thursday. The firm noted that the survey’s forecast discounts three federal fund rate hikes... 

Opencast mining tyre safety increased with use of up to 98% pure nitrogen

By: Victor Moolman     19th January 2018 On-site nitrogen generator supplier NitraLife has supplied numerous opencast mines across Southern Africa with nitrogen generators, and has noticed increased nitrogen use to inflate large off-the-road (OTR) tyres of mining vehicles. The company has established its client base in the region over... 

Glencore issues invitation to tender for supply of steel to South African mine

By: Creamer Media Reporter      12th January 2018 Diversified miner Glencore has issued an invitation to tender for the supply of leach vats structural steel at its opencast Rhovan mine, near Brits, in the North West, in South Africa. Interested parties have until January 24 to register, with a site meeting scheduled for January 25. 

Rare Group

15th December 2017 A distributor and service provider of piping and related products covering the entire fluid conveyance cycle, Rare Group was established in 1975 to supply carbon steel products to the petrochemicals industry. Rare has since evolved into a complete pipeline solutions provider which holds ISO... 

Pilot Crushtec launches modular solutions, increases service offering

By: Mia Breytenbach     1st December 2017 Crushing and screening specialists Pilot Crushtec International has launched two new products – the Pilot Modular MAXIscalp 600 and the Metso Nordplant C80 primary crushing station intended for use in modular configurations – at its 2017 Open Day last month.   The MAXIscalp 600 is the world’s... 

After 130 years cooling comes to the oldest listed mine

22nd November 2017 As you mine deeper, sooner or later it’s going to get hot. And so it has at Barberton, although it has taken more than a hundred years. BBE Projects have recently commissioned a refrigeration and air cooling system at Barberton Mine’s Fairview Shaft to provide much-needed cooling for the on-going... 

Customised spillminator supplied to South African gold mine

By: Victor Moolman     17th November 2017 Engineering solutions and steel fabrication company Lani Service Centre, based in Sebenza, Johannesburg, has supplied a tailor-made spillminator equipped with vesconite bushings to a local gold mine for its underground conveyor and hopper system. “The bushings are self-lubricating, can withstand... 

AngloGold’s capex project progressing as planned, within budget

By: Mia Breytenbach     17th November 2017 JSE- and New York-listed AngloGold Ashanti says its high-return and low-capital projects in its international portfolio to extend mine lives and improve margins remain on track and within budget. “We expect . . . continued delivery to tight timelines and budgets on our portfolio-improvement... 

Parnis Completes Skid-Mounted Substations For Panama

13th November 2017 Heavy engineering and fabrication specialist Parnis Manufacturing has successfully completed a fast track project to supply skids and enclosures for three skid-mounted substations for Schneider Electrics. The large mining skids are bound for Panama. Parnis Manufacturing project manager Manuel Di... 

AngloGold achieves strong Q3 performance, on track to meet FY guidance

By: Mia Breytenbach     6th November 2017 Johannesburg- and New York-listed AngloGold Ashanti generated free cash flow of $88-million in the third quarter of this year, following strong production and cost containment across its portfolio, and remains on track to meet its full-year guidance.  The free cash flow for the quarter, compared... 

Technology to shift project relations from adversarial to cooperative 

By: Simone Liedtke     3rd November 2017 Fluctuating global commodity demand and prices, as well as escalating geopolitical risks are causing concern among asset owners and investors, and is resulting in capital projects either being postponed or cancelled in the South African mining industry, states specialist business and project... 

Modular electric houses destined for mine in Africa

3rd November 2017 Medium to heavy engineering company Parnis Manufacturing has secured a contract to fabricate modular electrical houses (E-Houses) for a mine in Africa, which it attributes to its established record for high-quality manufacture. The continued trend to make use of E-Houses has seen a marked... 

Fluor successfully completes project at Letlhakane Mine in Botswana

1st November 2017 Fluor has successfully completed the construction of Debswana’s Letlhakane Mine Tailings Resource Treatment Plant (LMTRTP), situated near Francistown in central Botswana. The modular plant, which was designed by Fluor, is currently being commissioned. The new 3.6 million tonne per annum modular... 

Weak Asian demand may halt bullion bull-run – survey

By: Schalk Burger     26th October 2017 Weak Asian demand and record equity prices could result in a pause in the gold bull-run, Thomson Reuters GFMS’s Gold Survey for the third quarter of the year states. In September, gold prices rose to their highest level for 13 months owing to an escalation in rhetoric and actions on the Korean... 

Fluor establishes a Multi-Projects Group® to offer Scalable Project Solutions

26th October 2017 Fluor South Africa has established a Multi-Projects Group® to assist clients with lean, cost effective engineering, procurement and construction services for small- to medium-sized projects. “This execution approach is instrumental in offering our clients capital cost efficiency, specifically... 

Fluor contributes to the development of young South African engineers and scientists

23rd October 2017 The annual Eskom Expo for Young Scientists is South Africa’s only existing science fair for learners and offers companies the opportunity to support learners becoming involved in science and engineering at an early age. For many years this Expo has offered a platform for learners to demonstrate... 

First
Prev
1
2 3 4 5 6 7 8 9 Next Last

Latest News

more

Latest Videos

more

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Close