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New Voisey’s Bay royalty calculation agreed on

By: Marleny Arnoldi     17th September 2018 TSX-listed Altius Minerals and Nasdaq-listed Royal Gold have entered into an agreement with Vale Canada to settle litigation related to the calculation of the royalty in respect of all concentrates produced from the Voisey’s Bay mine, in Newfoundland and Labrador. The Voisey’s Bay 3% net... 

Goodwin pumps reduce maintenance costs, downtime

5th September 2018 Pump manufacturer Goodwin Submersible Pumps Africa has made significant advances in the mining and dewatering industries since its inaugural opening in South Africa two years ago. The growth experienced by the company has been spearheaded by the flagship 100ANZE slurry submersible pump as well as... 

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... 

Going to great lengths for the value pipeline

6th July 2018 Aegion South Africa provides 18m spools for concentrate hydro-transportation at mining project resulting in 10 % project cost savings In the high-stakes game of mining today, margins are tighter and under more pressure than ever. To remain viable, mining companies are becoming more scientific... 

Vale to proceed with Voisey’s Bay expansion

By: Mariaan Webb     11th June 2018 Diversified major Vale will proceed with the construction of the Voisey’s Bay underground mine and will invest close to $2-billion in the project, Newfoundland and Labrador Premier Dwight Ball announced on Monday. The investment by Vale will extend the operational life of Voisey’s Bay, currently... 

ELB to supply two mobile ship loaders to Transnet Port Terminals’ Saldanha Terminal

6th June 2018 ELB Engineering Services (Pty) Ltd (ELB), is pleased to announce that they have been awarded the contract to design, supply, install and commission two mobile ship loaders at Transnet Port Terminals’ (TPT) Saldanha Terminal – a strategic node of the movement of iron ore in South Africa. The ship... 

AIE selects Port Kembla for A$300m LNG import terminal

By: Esmarie Iannucci     5th June 2018 The Australian Industrial Energy (AIE) consortium has selected Port Kembla, in New South Wales, as the site for the first A$300-million liquefied natural gas (LNG) import terminal. The proposed terminal will have the ability to supply more than 100 PJ/y of LNG, sufficient to meet over 70% of... 

Mining, industrial contracts for ELB in SA and abroad

By: Nadine James     1st June 2018 ELB Engineering Services (ELB) announced last week that it had been awarded the drying system for the M.V. Grand Banks life extension project for marine mining company De Beers Marine. Additionally, the company noted that it had completed train loading station (TLS) and stacker projects for the... 

ELB Continues To Provide Know How Solutions To Multiple Sectors

24th May 2018 ELB announces the award of Debmarine-M.V. Grand Banks and completes Assmang’s Black Rock Projects, the Sack Tipping Unit for Unilever Nigeria and Colleen Bawn Clinker Loading in Zimbabwe ELB Engineering Services (ELB) is pleased to announce that it has been awarded the drying system for the M.V.... 

Santos spurns Harbour offer, says own strategy offers more value

By: Esmarie Iannucci     23rd May 2018 Oil and gas major Santos has rejected the takeover offer from suitor Harbour Energy, telling shareholders on Wednesday that its own strategy would deliver more shareholder value. Harbour earlier this week increased its cash bid for Santos from $4.98 a share previously offered to $5.21 a share. 

Harbour tweaks offer for Santos

By: Esmarie Iannucci     17th May 2018 Takeover target Santos has received a revised offer from suitor Harbour Energy Australia. While the offer price has not been revised from the previous $4.98 a share, the revised proposal included a number of significant changes to the transaction structure, including a US dollar cash offer with... 

No deal yet for Santos shareholder

By: Esmarie Iannucci     16th May 2018 Shanghai-listed ENN Ecological Holdings on Wednesday refuted claims that it had reached an agreement with Santos suitor Harbour Energy over its 10.31% shareholding in the takeover target. ENN has advised Santos that the media speculation around its dealings with Harbour had been inaccurate,... 

Santos shrugs off ENN speculation

By: Esmarie Iannucci     15th May 2018 Oil and gas major Santos has urged shareholders not to take any action in relation to the Harbour Energy takeover offer, after media speculation emerged shareholders in the company had accepted the offer. Reports on Tuesday suggested that Santos shareholder ENN Ecological Holdings, which holds a... 

Santos production falls in Q1

By: Esmarie Iannucci     19th April 2018 Planned maintenance has seen oil and gas major Santos’ first-quarter production decline by 1.2-million barrels of oil equivalent, compared with the previous quarter, to 13.8-million barrels of oil equivalent. The ASX-listed major told shareholders on Wednesday that planned maintenance in Moomba... 

Santos shares jump on A$13.5bn bid from Harbour Energy

By: Esmarie Iannucci     3rd April 2018 Energy investor Harbour Energy has made a A$13.5-billion offer for oil and gas major Santos, offering shareholders $4.98 a share, or A$6.50 equivalent. Harbour has previously made three unsolicited offers for Santos, the last of which was priced at A$6.37 a share. 

Stringent regulations may impede coal industry growth

By: Donald Makhafola     16th March 2018 While key challenges facing the coal mining industry make the future of coal in South Africa uncertain, when considering the weight of coal in South Africa's energy mix, the coal mining industry is likely to remain an important one, says credit insurer Coface group economist Ruben Nizard. South... 

DP World may develop $1.2bn port at Banana on Congo coast

By: Bloomberg     2nd March 2018 DP World may develop a $1.2-billion deep-water port in the Democratic Republic of Congo, according to documents published by a Senegalese whistle-blowing organization. DP World signed an agreement with the Transport Ministry in February 2017 giving the Nasdaq Dubai-listed company exclusive rights... 

Heron awards port services contract for Woodlawn mine

By: Simone Liedtke     5th February 2018 Base metals firm Heron Resources has awarded the port services contract for its Woodlawn zinc/copper project, in New South Wales, to Australia-owned and -operated private company Port Kembla Gateway (PKG). The port services contract encompasses provision of receival, storage and ship loading... 

New coal terminal planned for Beira could be a gateway to the east

By: Kim Cloete     2nd February 2018 A coal terminal planned for construction at Mozambique’s Beira port could be a gateway for imports and exports from the landlocked countries of Zimbabwe, Zambia, the Democratic Republic of Congo, Malawi and Botswana and could greatly boost coal exports to India. Essar Ports CEO Tej Nargundkar... 

New Iron Ore Mine for the Northern Cape

31st January 2018 Over the past eight months Autumn Skies Resources and Logistics (ASR&L) has been developing it's Autumn Skies Iron Ore (ASIO) mine which is South Africa's first private fully owned BEE iron ore mine under the leadership of it's executive chairman and owner Adv. Phemelo Sehunelo. 

Port Hedland clearing out ships as Cyclone Joyce intensifies

By: Reuters     11th January 2018 Australia's Port Hedland iron-ore terminal expects to clear all remaining vessels from its harbour by 10:30 GMT as a safety measure after a tropical cyclone intensified off the nation's western coast on Thursday, Pilbara Ports Authority said. The port's biggest user, global mining giant BHP,... 

Santos denies takeover rumours

By: Esmarie Iannucci     16th November 2017 Oil and gas major Santos on Thursday refuted claims that it was engaged in takeover talks with Harbour Energy. The company told shareholders that it had received a confidential, nonbinding conditional and indicative proposal from Harbour Energy in August, to acquire all the shares in Santos for... 

Target 2018's biggest events in your marketing plans

14th November 2017 Creamer Media is a media partner for most of the important conferences and exhibitions on the 2018 events calendar. "Advertisers are urged to consider placements in those editions if your company has plans to exhibit at, or sponsor, any of our selected events," says Martin Creamer, Publishing... 

Townsville port expansion moves ahead

By: Esmarie Iannucci     29th September 2017 The A$1.6-billion expansion of Australia’s largest lead and copper export port in Townsville, Queensland, has been approved by the state’s Coordinator-General. The 30-year development plan includes four key elements, including capital dredging of some 11.48-million cubic metres of sediment to... 

TFR’s Natcor, coal lines achieve records in September

By: Anine Kilian     27th September 2017 Transnet Freight Rail’s (TFR’s) Natal Corridor (Natcor) channel, which operates the railway line that stretches from Rietvlei, in Gauteng, to the Durban Harbour, broke its monthly tonnage record in September. The Natcor channel railed 1.31-million tons, smashing its previous best monthly tonnage... 

British Columbia govt outlines actions to block Kinder Morgan crude pipeline expansion

By: Henry Lazenby     11th August 2017 The newly installed coalition government of British Columbia has outlined its plans to stop an expansion of the Kinder Morgan oil pipeline that transports Alberta crude oil to Vancouver, on Canada's West Coast. Last year, the federal government, under Prime Minister Justin Trudeau, approved... 

Vale’s Moatize coal mine sets new production record

By: Keith Campbell     11th August 2017 Brazilian mining group Vale announced that production at its Moatize coal operation in Mozambique hit a new quarterly record during the second quarter of this year (2Q17). This was published in the miner’s recent report “Vale Production in 2Q17”. The mine’s production during the quarter just past... 

K+S produces first potash at $4.6bn Bethune mine ahead of schedule

By: Henry Lazenby     16th June 2017 German-held chemicals firm K+S Potash Canada has last weekend produced the first tonnes of marketable potash at its new $4.6-billion Bethune mine, in Saskatchewan. The company reached the milestone ahead of schedule, and is now focused on building up to its annual production capacity of... 

Acting without formal shareholder approval – Has sanity prevailed?

1st June 2017 In the recent case of Moraitis Investments (Pty) Ltd v Montic Dairy (Pty) Ltd (the Moraitis Case) the Supreme Court of Appeal (SCA) was charged with determining if a party had the requisite authority to conclude a settlement agreement. Mr Apostolos Moraitis, a trustee of the Moraitis Trust and a... 

Furnace projects to impact mining giant’s nickel, copper

19th May 2017 Brazilian miner Vale will execute a furnace rebuild project at its Canada-based Sudbury nickel and copper smelting operation, in Ontario, thereby impacting on the miner’s 2017 production of these metals. In its first quarter performance report released last month, Vale stated that nickel and... 

Durban-based plant delivered to Guyana mine

28th April 2017 A $2.5-million project, facilitating, executing and unloading a shipment of assets for an 800 t/d modularised gold plant relocated from Durban, in South Africa, to Buck Hall, in Guyana, was concluded toward the end of last year by Canadian engineering, procurement and construction firm JDS Energy... 

AfDB to review development of Senegalese power plant after complaints 

By: Megan van Wyngaardt     21st April 2017 The African Development Bank (AfDB) will review compliance eligibility at the €206-million, 125 MW Sendou coal-fired power plant project, in Senegal, following several community complaints. Two groups raised eight similar issues with the bank, including an unviable government policy option to use... 

Moz coalfields to be served by third railway and port corridor

By: Keith Campbell     24th March 2017 Mozambique has taken another step to fulfil the objective of providing comprehensive railway links between the country’s rich coal fields in its inland Tete province and harbours on the coast from which the coal can be exported. Zambeze Integrated Development Corridor (acronymned in Portuguese to... 

Financial performance of Vale’s Moatize mine improving

By: Keith Campbell     10th March 2017 The loss suffered by Brazilian mining group Vale’s Moatize coal operation in the Tete province of Mozambique last year, in terms of adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda), was significantly less than that suffered in 2015. This was reported in the miner’s... 

Desalination helps South32’s KZN aluminium smelter beat water woes

By: David Oliveira     9th December 2016 To ensure sustainable operations in drought-stricken Richards Bay, KwaZulu-Natal, diversified miner South32 has invested R74-million in a seawater desalination plant that uses membrane technology to produce cooling process water for its Hillside aluminium smelter. The diversified miner appointed... 

Desalination helps South32’s KZN aluminium smelter beat water woes

By: David Oliveira     9th December 2016 To ensure sustainable operations in drought sticken Richards Bay, KwaZulu-Natal, diversified miner South32 has invested R74-million in a seawater desalination plant that uses membrane technology to produce cooling process water for its Hillside aluminium smelter. The diversified miner appointed... 

China visit helps Duterte reap funding deals worth $24b 

By: Bloomberg     22nd October 2016 Philippine President Rodrigo Duterte will bring home $24-billion worth of funding and investment pledges from his four-day visit to China as both nations agreed to resume talks and explore areas of cooperation in the South China Sea. China will provide $9-billion in soft loans, including a... 

Saldanha Bay phosphate project moves to feasibility study stage

By: David Oliveira     14th October 2016 Gauteng-based phosphate and limestone-focused producer Adelaide Ruiters Mining and Exploration (ARME) in August appointed engineering consultants DMT Kai Batla and Royal Haskoning DHV for ARME’s Zandheuvel phosphate mining project in Saldanha Bay, in the Western Cape. DMT Kai Batla has been... 

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