Europe’s biggest blast furnace produces 70-millionth ton of steel

Blast furnace Schwelgern 2, owned by diversified industrial group ThyssenKrupp Steel Europe, produced its seventy-millionth ton of hot metal, in February.

Company Announcement: Atlas Copco awarded very large order in South Africa

Atlas Copco has received one of its largest orders ever in South Africa, to deliver Pit Viper 351 blasthole drilling rigs for around R 290 million to Kumba Iron Ore, a unit of Anglo American, one of the world’s largest mining companies.

Company Announcement: Atlas Copco upgrades FlexiROC R15 R drill rig with unique rollover feed system

December 11, 2011: One of the smallest radio controlled drill rigs in the Atlas Copco range has now become one of the most versatile thanks to an innovative rollover feed system.

Switchgear facility to open gates to mining sector

US industrial group General Electric (GE) expects the R10-million expansion of its energy division GE Energy’s low-voltage switchgear manufacturing centre to create the platform the company needs to extend its offering into the mining arena.

MagIndustries gets interest from 'several' potential backers

Potash junior MagIndustries has received “several” approaches from companies interested in funding its Mengo project in the Republic of Congo (Brazzaville), and continues “to actively pursue discussions with a significant industrial...

Company Announcement: Schaffer Interim Profit $2 Million with $0.10 Franked Interim Dividend

Attached please find a press release on: Western Australian-based industrial group Schaffer Corporation Limited (ASX: SFC) today announced NPAT of $2.0 million for the first half, which result includes a $1.5 million loss associated with...

Skills transfer key to R102m Eastern Cape diamond processing investment

Mineral Resources Minister Susan Shabangu has urged the South African mining industry to forge ahead with skills development initiatives to build the capacity needed for the country to beneficiate more of its own minerals. Shabangu was speaking...

Company Announcement: Schaffer Profits Up 7%, $0.20 Franked Dividend

Attached please find a press release on: Diversified industrial group Schaffer Corporation Limited (ASX: SFC) today announced a 7% increase in first half NPAT to $3.6 million. SFC will pay a $0.20 per share fully franked interim dividend on 26...