R/€ = 15.87 Change: -0.06
R/$ = 13.28 Change: -0.04
Au 1297.24 $/oz Change: 3.95
Pt 943.00 $/oz Change: 5.50


Kinross to proceed with Tasiast Phase 2, Round Mountain expansion projects

By: Henry Lazenby     18th September 2017 Senior Canadian miner Kinross Gold has revealed that it will spend about a $1-billion on two significant capital growth plans for the Phase 2 expansion of its Tasiast mine, in Mauritania, as well as the Phase W of the Round Mountain mine, in Nevada. “With Phase 2, Tasiast's annual production is... 

Greece issues more Olympias permits to Eldorado

By: Henry Lazenby     15th September 2017 Eldorado Gold’s increased pressure on the Greek government seems to be paying off, with the government issuing two more permits for the Canadian miner's Olympias project. Vancouver-based Eldorado confirmed on Friday that it had received the approval of the technical study for the old Olympias... 

Lesotho’s Letšeng mine recovers several 100-ct-plus diamonds, expects trend to continue

By: Ilan Solomons     15th September 2017 The Letšeng diamond mine, in Lesotho, recovered several diamonds larger than 100 ct during the first half of 2017, with LSE-listed diamond miner Gem Diamonds upbeat that this trend will continue for the remainder of the year. These gems include the 114.38 ct Type II, the 126 ct D-colour Type IIa... 

Combination of factors influence pumps’ life cycles

     15th September 2017 It is important to frequently monitor the operation of pumping systems; however, the initial manufacturing of a pump, as well as its installation, are as important, explains South African pumps industry body the South African Pump Manufacturers’ Association (Sapma). 

Distributor expands pumps offering with Italian range

By: Victor Moolman     15th September 2017 Pumps supplier Packaged Metering & Pumping Solutions (PMPS) has added Rotho peristaltic pumps from Italian pumps manufacturer Ragazzini to its South African product offering. “We see huge opportunity to supply peristaltic pumps to projects in neighbouring countries,” PMPS MD David O’Neill tells... 

Final agreement for Mozambique graphite project approved

By: Keith Campbell     15th September 2017 The Mozambican Government has approved a mining agreement with Twigg Exploration and Mining Limitada (Twigg) for the mining of graphite in the Balama district of Cabo Delgado province. Twigg, which is based in the city of Chimoio in the province of Manica, is the wholly-owned Mozambican... 

Industrial solutions provider aiming to benefit Zambia’s mines

By: Simone Liedtke     15th September 2017 Industrial solutions provider RTS Africa Engineering (RTS) states that air compressors used in the mining industry – including in Zambia – are, for the most part, well-proven, reliable pieces of equipment that can operate for years with relatively little maintenance. 

Lesotho’s Letšeng mine recovers several 100-ct-plus diamonds, expects trend to continue

By: Ilan Solomons     15th September 2017 The Letšeng diamond mine, in Lesotho, recovered several diamonds larger than 100 ct during the first half of 2017, with LSE-listed diamond miner Gem Diamonds upbeat that this trend will continue for the remainder of the year. These gems include the 114.38 ct Type II, 126 ct D-colour Type IIa,... 

New bulk materials solution supplied to Kansanshi

By: Simone Liedtke     15th September 2017 Bulk materials handling solutions provider Martin Engineering introduced the company’s newest primary cleaner offering, the CleanScrape, to Zambia, following its launch at Electra Mining, which was held at the Nasrec Expo Centre, in Johannesburg, last year. The primary cleaner has been supplied... 

New range of drives available to SA market

     15th September 2017 Electrical solutions provider Magnet Group introduced a new range of variable-speed drives (VSDs) last month, the Altivar Easy 610, which improve equipment performance and reduce operating costs by optimising energy consumption, the company explains. 

Peristaltic pumps operating at Zambian mines

By: Simone Liedtke     15th September 2017 Randburg-based industrial equipment supplier Verder Pumps’ Verderflex (VF) 125 peristaltic pump is in operation at mining company Kansanshi Mining’s Zambia-based Kansanshi copper mine and is undergoing testing at two other Zambian mines, as well as mines in the Democratic Republic of Congo.... 

Rand Transmission Company South Africa

     15th September 2017 Having started operating in May 2015, Rand Transmission Company South Africa’s (RTC SA’s) mission is to be importers and suppliers of superior quality power transmission products at affordable prices. RTC SA is backed with the highest levels of service and technical support to various project... 

Solutions provider helping Zambia tackle mining challenges

By: Simone Liedtke     15th September 2017 The mining and mineral processing sectors present some of the most challenging production environments, as the large-scale operations are often located in harsh, remote areas, explains technical solutions provider BMG.  

Submersible pump that can run dry a safer option

By: Victor Moolman     15th September 2017 The Hippo submersible pumps range from Centurion-based slurry pumping solutions provider Hazleton Pumps can operate without water for an unlimited amount of time, explains Hazleton Pumps MD Thys Wehmeyer. 

Supplier expanding new pump’s footprint in Australian market

     15th September 2017 Heavy-duty pumps solutions company Pump & Abrasion Technologies (PAT) Australia introduced its new Curve range of slurry pumps at the Aimex mining show, in Sydney, to the New South Wales mining community, following the company’s success with the product in South Africa. 

Eldorado receives Greek arbitration notice

By: Henry Lazenby     14th September 2017 Vancouver-headquartered Eldorado Gold said on Thursday its Greek subsidiary Hellas Gold has finally received a formal notice from the country’s Ministry of Finance and the Ministry of Environment and Energy initiating domestic arbitration. The mediation will take place under the provisions... 

Greece issues Olympias operating, tailings installation permits to Eldorado

By: Henry Lazenby     13th September 2017 Canadian gold producer Eldorado Gold confirmed on Wednesday that it has received the Olympias operating permit and the modified electromechanical installation permit for the tailings management facility at Kokkinolakkas, from the Greek Ministry of Energy and Environment. The permits were issued... 

Central Rand Gold again warns of its ‘serious’ financial position

By: Anine Kilian     13th September 2017 AltX- and Aim-listed Central Rand Gold (CRG) has reiterated that its financial position remains extremely serious. “The company carries significant debt and has many creditors. The directors are actively pursuing financing opportunities for the company and are in discussions with several parties... 

Pipe-joining systems: Reducing downtime in the mining industry

     13th September 2017 Multiple benefits of Victaulic Knife Gate Valve showcased at Electra Mining 2017 Although commodity prices have seen a slight recovery in 2017, investment in the mining industry in Sub-Saharan Africa remains cautious. Continued innovation in the industry is key to an environment where business... 

Switchgear Solution At DRC Mine From Shaw Controls

     12th September 2017 Leveraging the advantages of a containerised solution, Zest WEG Group company Shaw Controls has provided an optimal medium voltage switchgear solution for the supply of power at a copper mining project in the Democratic Republic of Congo. The WEG MTW05 MV switchgear, the first to be supplied by... 

Sustainable Plant Maintenance Needs Balanced Decision Making

     12th September 2017 Adequate budgets for mine plant maintenance – to ensure minimal downtime and optimal performance – need to be based on a strategic management approach that can balance the mine’s production targets with its maintenance requirements. According to general manager SA Services at Multotec, Garth... 

Red Rock gains another 1% in Steelmin

By: Natasha Odendaal     8th September 2017 The stake of natural resource development company Red Rock Resources in strategic alloy producer Steelmin has increased to 17%, after being issued an additional 1% share capital as part of a €3.87-million secured loan agreement. The eight-month secured loan note, agreed in June, saw Aim-listed... 

Company’s solutions address minerals processing inefficiencies

By: Marleny Arnoldi     8th September 2017 To address water contamination in the minerals processing sector, processing specialist Multotec is installing its CleanTeQ ion-exchange system, which is designed for the removal of soluble elements from process water, at operations in Oman and soon in the Democratic Republic of Congo.  

Humidity, moisture sensors see growth

     8th September 2017 The need for optimal safety, high yield and combustion value to ensure process integrity is spurring double-digit growth and adoption of humidity and moisture sensors in various industries, including the mining and minerals processing industry, states market research company Frost & Sullivan.  

Weir Minerals expands its unique service network to be even closer to customers around world

     7th September 2017 With changing market conditions and improvement expected over the next two years, Weir Minerals is positioning itself even closer to its customers. The company has announced its ambitious growth plans, building upon its leading 130 service centres strategically positioned across the globe.... 

Cigar Lake mine, Canada

By: Thabi Madiba     1st September 2017 A uranium mine located in the Athabasca basin, north of Saskatchewan, in Canada. 

Rapid drying oven offers faster minerals processing

     1st September 2017 Industrial solutions company thyssenkrupp’s Infra-Red (IR) rapid drying oven has significantly improved turnaround times for minerals processing operations specialist Minopex, owing to the oven’s fast-drying capability. Since installation, Minopex has reported great satisfaction with the IR oven.... 

Service impresses, leads to ongoing work at Balama

By: Nadine James     1st September 2017 Prefabricated buildings manufacturer Kwikspace Modular Buildings expects to complete a multimillion-rand project for Mozambique mining company Twigg Exploration & Mining by the end of next month. Kwikspace CEO Shaun McCormack notes that the company first started work on Twigg’s Balama graphite... 

Horizonte’s Araguaia feasibility study due for completion in early 2018

By: Samantha Herbst     30th August 2017 The ongoing feasibility study for Aim- and TSX-listed Horizonte Minerals’ Brazil-based Araguaia project – the country’s next ferro-nickel mine – is progressing on schedule and is now over 60% complete. According to Horizonte CEO Jeremy Martin, the feasibility study is due for completion by year... 

Peru's Buenaventura seeks partner for arsenic copper project

By: Reuters     29th August 2017 Buenaventura, a Peruvian miner, will look for a partner to develop a plant that reduces the arsenic level in copper, the firm's chief executive said on Tuesday. The company plans to locate the installation next to its existing Rio Seco manganese plant, in the Peruvian province of Huaral,... 

Hencon Vacuum Technologies

     29th August 2017 Gauteng-based Hencon Vacuum Technologies, a specialist company in the Hencon Group, is one of the leading companies in the design, manufacture, supply and support ... 

Atlantic Gold pushes ahead towards first production at Moose River Consolidated

By: Henry Lazenby     29th August 2017 Vancouver-based project developer Atlantic Gold is nearing the end of dry and wet commissioning of the 87 000 oz/y Moose River Consolidated (MRC) mine, in Nova Scotia. The TSX-V-listed emerging miner announced on Monday that commissioning activities started late in July, as originally scheduled,... 

Barloworld to install 7 MW solar power installation at Namibia mine

By: Anine Kilian     28th August 2017 Gold producer B2Gold has appointed Caterpillar and Cat dealer Barloworld to supply a 7 MW solar power plant at the Otjikoto mine, in Namibia. The full system, including Cat photovoltaic (PV) solar modules and the Cat microgrid master controller (MMC), will be used to reduce reliance on a heavy... 

Gamsberg project to retore Vedanta’s zinc output to 300 000 t/y from mid-2018

By: Mia Breytenbach     25th August 2017 Diversified miner Vedanta Resources subsidiary Zinc International has committed more than 80% of the $400-million capital expenditure (capex) for the first phase of the Gamsberg zinc project, in the Northern Cape. The first phase of the project is expected to have a mine life of 13 years,... 

Incremental improvements now leading to energy efficiency  

By: Robyn Wilkinson     25th August 2017 Having reached an advanced stage, power generation technology development has slowed worldwide, with companies instead intensifying their focus on the cumulative energy savings that can be realised through intensive equipment modifications and the disciplined application of existing technologies,... 

Resources Watch 

     24th August 2017 This week: Krugerrand demand resurgence anticipated to result in record sales Harmony ups South African capex, pays 70% higher dividend And, ‘Next-gen’ butt-welding machine keeps mine start-up on track 

Oz Minerals approves $916m S Australia mine

By: Esmarie Swanepoel     24th August 2017 Copper/gold miner Oz Minerals has approved the development of the $916-million Carrapateena mine, in South Australia. “The board’s decision represents the next stage in the company’s development. This is an exciting time for Oz Minerals,” said chairperson Rebecca McGrath, adding that the project... 

Fracking jobs prove elusive for coal miners looking to switch

By: Bloomberg     18th August 2017 Robert Dennis has mined coal in West Virginia for 10 years but a recent evening found him in a classroom at his local community college. He came to learn about opportunities in fracking, a drilling technique used to produce natural gas — the very fuel that is threatening coal’s future. “I know... 

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