R/€ = 15.97 Change: 0.01
R/$ = 13.30 Change: 0.05
Au 1313.40 $/oz Change: 6.97
Pt 954.50 $/oz Change: 6.50


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... 

Townsville port expansion up for debate

By: Esmarie Swanepoel     10th October 2016 The environmental-impact statement (EIS) for the proposed A$1.64-billion expansion of the Townsville port is open for public comment. Queensland’s independent Coordinator-General over the weekend released additional information about the project’s EIS, which will remain open for comment for a... 

FinnAust to continue Greenland dredge mining studies

By: Anine Kilian     2nd September 2016 Aim- and Frankfurt Stock Exchange-listed FinnAust Mining has appointed harbour consultant Svašek Hydraulics to conduct a metocean study at the Pituffik titanium project, in Greenland.  The metocean study is being undertaken as part of the ongoing dredge mining studies by IHC Mining, a wholly... 

One-of-a-kind bridge on display

     26th August 2016 Local engineering solutions organisation SureGO! will be displaying one of its first-ever flexible walkway bridges at this year’s Electra Mining Africa. 

Live demonstrations and interactive displays at Electra Mining Africa

     29th July 2016 Over 850 local and international exhibitors from the mining, industrial, electrical and power industries will be showcasing their products and services across 38,000m² net space of indoor/outdoor exhibition area at Electra Mining Africa.  Taking place from 12-16 September at the Expo Centre in... 

Belmet And 3c Metal Formalise A Shareholding Relationship

     19th July 2016 Following a long history of successful collaboration and joint ventures between Belmet and 3C Metal, the French-based head office of 3C Metal has officially taken the decision to invest in a shareholding percentage of Belmet Namibia and Belmet South Africa. The shareholding agreement is effective... 

Mining CEOs’ hefty salaries proof that companies are able to pay living wages – Mathunjwa

By: Ilan Solomons     15th July 2016 With South African mining companies’ CEOs earning, on average, 355 times that of the mining sector’s median earning, there is “no excuse” for mines not to provide their workers with living wages, said Association of Mineworkers and Construction Union (AMCU) president Joseph Mathunjwa. Speaking at... 

Mining CEO salaries proof that companies can pay workers more – Mathunjwa  

By: Ilan Solomons     7th July 2016 With South African mining companies’ CEOs earning, on average, 355 times that of the mining sector’s median earning, there is “no excuse” for mines not to provide their workers with living wages, said Association of Mineworkers and Construction Union (AMCU) president Joseph Mathunjwa on Thursday.... 

One-of-a-kind bridge to be displayed at Electra Mining Africa 2016

     28th June 2016 Local engineering solutions organisation, SureGO!, will be displaying one of their first-ever,  uniquely built, flexible walkway bridges at one of the world’s largest mining and industrial exhibitions, Electra Mining Africa. Electra Mining Africa 2016 will be taking place from 12 to 16 September... 

Dubai’s DMCC and China’s Zhongwei Sign MoU to Boost Trade along the ‘One Belt One Road’

     23rd June 2016 DMCC, the Government authority on trade, enterprise and commodities in Dubai, today announced the signing of a Memorandum of Understanding (MoU) with Zhongwei Ningxia Municipal People’s Government in China.   The purpose of the memorandum is to explore new collaboration, directives and... 

TPT Richards Bay assists international vessel in avoiding disaster

By: Anine Kilian     13th June 2016 Transnet Port Terminals (TPT) Richards Bay last month assisted Italian vessel MV Peppino Bottiglieri, which had caught fire and needed urgent laybye berth in Richards Bay. In a statement released on Monday, TPT said the vessel was carrying coal destined for Malaysia when the crew discovered cargo... 

Moz coal sector under strain as country looks to cooperation with Botswana

By: Keith Campbell     3rd June 2016 It is reported from Mozambique that three of the companies producing coal in that country have stopped, or significantly scaled back, their mining activities. According to the Maputo daily Notícias that are the Indian groups International Coal Ventures Limited (ICVL) and Jindal Africa, and... 

Potential, risks of Mozambique mining sector outlined

     3rd June 2016 The extractive sector in Mozambique currently represents less than 4% of economic activity in the country but has scope to grow considerably, says international metals and minerals researcher Roskill, which has released its Mozambique African Mining Report (AMR) 2016. 

Another Mozambique coal railway project develops, while country is hit by debt scandal 

By: Keith Campbell     6th May 2016 The international tender for the construction of a new railway to link Mozambique’s coal fields to the coast closed at the end of last week. The project is being developed by Thai Moçambique Logística, a joint venture between Thailand-based Italian Thai Development Company, which has a 60% share,... 

Port of Richards Bay celebrates 40th anniversary

     13th April 2016 South Africa’s premier bulk port, the Port of Richards Bay, is commemorating its fortieth anniversary this month. Over the past 40 years, the port had expanded to enable the export of various commodities, as well as increased its export capacity. 

Port of Richards Bay Celebrates 40 Years

     13th April 2016 South Africa’s premier bulk port commemorated its 40th anniversary on Friday, 1st April, with further celebratory events planned for the remainder of the milestone year. The Port of Richards Bay was established in 1976 and – despite being one of the “newcomers” to the industry – has expanded to... 

SA company awarded maintenance contracts on back of Moz coal projects

By: Mia Breytenbach     11th December 2015 Johannesburg-based conveyor maintenance company and supplier African Trading Group has completed the multimillion-rand installation of a conveyor belting system at Brazilian mining major Vale's Moatize 2 expansion project, in Tete province, Mozambique. African Trading Group director LeeAnn... 

Lifting expert to perform New Year’s Day loadout for Angolan client

By: Dylan Stewart     27th November 2015 Industrial lifting expert Mammoet is scheduled to perform the second of two load-outs on the upper module of an offshore oil platform belonging to Paenal Shipyard, off the coast of Angola, on New Years Day. 

Hydraulic solutions provider opens cylinder repair facility

     13th November 2015 Local hydraulic solutions provider Genflex Hydraulics opened a hydraulic cylinder repair division at its factory in Alrode South, in Alberton earlier this year. Previously located in Pretoria, the company decided to relocate its repair division to larger premises owing to an increase in demand... 

Lifting company expedites heavy lift for offshore mining vessel

     30th October 2015 An extensive reference base of successful heavy lifts, an experienced design, rigging and operational crew, the company’s cost effective 50 t, 38 m radius lifting capability, and the ability to mobilise quickly and efficiently were deciding factors in the award of a heavy-lifting contract to... 

Phosphate project to get under way  

By: Bruce Montiea     16th October 2015 The prefeasibility study at mineral exploration and development company Montero Mining and Exploration’s phosphate project, in Saldanha Bay, Western Cape, is expected to start soon, with the goal of completion in 2016, after which, if positive, the project will go into a bankable feasibility... 

Mine of the future, managing coal, manganese terminal

By: Martin Creamer     4th September 2015 Universities are designing the mines of the future; a call has been made for South Africa to ensure future coal reserves for essential domestic use; and engineering design is imminent for the new Ngqura Manganese Export Terminal 

Mozambique stacker accident will not delay coal exports, Vale assures

By: Keith Campbell     14th August 2015 Vale Mozambique, the local subsidiary of major Brazilian mining group has given the assurance that the recent collapse of a coal stacker at the port of Nacala-à-Velha (Nacala) will not interfere with its coal exports from that harbour. The miner has also assured that the collapse of the coal... 

TPT gets go-ahead to operate manganese terminal

By: Megan van Wyngaardt     13th August 2015 Cabinet has approved the issuing to Transnet Port Terminals (TPT) of a permanent operating licence to operate the manganese container terminal at the Port of Ngqura, near Port Elizabeth. This was in line with government priorities relating to Operation Phakisa on growing the country’s oceans... 

Pakistan steel company receives 73 000 t of iron-ore

     24th July 2015 In June two cargo vessels delivered a total of 73 000 t of iron-ore to Pakistan Steel Jetty for State-owned Pakistan Steel Mills (Paksteel). 

BHP spends $240m on Pilbara tug harbour

By: Esmarie Swanepoel     21st July 2015 Mining giant BHP Billiton on Tuesday approved a $240-million spend to upgrade facilities at Port Hedland. The miner told shareholders that the funds would purchase six additional tugs and would fund the construction of a new eight-pen tug-harbour at Hunt Point, in the Port Hedland port. 

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