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FINACIAL RESULTS

Vedanta declares $196m attributable loss, to focus on Zambia play

London-listed Vedanta Resources on Thursday reported a $196-million attributable loss for the year ended March 31, as opposed to a profit of $162-million during the prior year. The company’s operating profit before special items also declined by...
15th May 2014
 
Mining Services

Production-monitoring products to be showcased at expo

South Africa-founded and -based electronics and software solutions manufacturer Accutrak will exhibit its latest mobile-enabled software that allows mine production managers to trace real-time production volumes on a smartphone mobile device at...
2nd May 2014
 
Company Announcement

Accutrak Prepares for its First Showing at WAMPEX PDF Available

Accutrak makes its first appearance at the West African Mining and Power Exhibition this year. The electronics and software company designs, develops and supplies unique production optimisation systems for tracking and weighing in the mining...
17th March 2014
 
Education & Training

Computerised health and safety training proving successful in SA

Computer software designed specifically for health and safety training in various real-life environments is suitable for any industry and is achieving positive results in South Africa and worldwide, video and multimedia production company The...
20th September 2013
 
Copper

Feasibility study to be completed by year-end

South Africa-based mining company African Rainbow Minerals (ARM) Copper in conjuction with its joint venture (JV) partner diversified mining corporation Vale, is planning to complete a feasibility study on the second phase of the Lubambe Copper...
13th September 2013
 
Mining Services

New polyurethane formulation to improve slurry-pumping capability

Polyurethane product manufacturer Urethane Moulded Products (UMP) is working closely with the mining industry to create abrasion-resistant polyurethane body liners and impellors for slurry pumps, which will extend the pumps’ product life, UMP...
14th June 2013
 
LEGISLATIVE ENVIRONMENT

SA must instil new confidence in global investors – Motsepe Video Available

African Rainbow Minerals executive chairperson Patrice Motsepe South Africa would benefit greatly if it succeeded in instilling new confidence in the global investment community, African Rainbow Minerals (ARM) executive chairperson Patrice Motsepe said on Tuesday. Answering questions after the JSE-listed ARM...
26th February 2013
 
DIVERSIFIED MINERS

African Rainbow Minerals half-year earnings down 30%

The headline earnings of the South African diversified mining company African Rainbow Minerals (ARM) fell 30% in the six months to December 31. The earnings of R1.41-billion for the second half of 2012 compared with R2-billion in the first half...
26th February 2013
 
ELECTRICAL EQUIPMENT

Zest WEG completes R200m Zambia electrical equipment contract

The Zest WEG Group, including its group companies EnI Electrical and Shaw Controls, has successfully completed an extensive contract, worth about R200-million, at Lubambe Copper Zambia’s Konkola North Project, which is located near the town of...
18th January 2013
 
COPPER

World copper refining fees set to rise in 2013 -Aurubis

Global copper ore treatment and refining charges (TC/RCs) for annual contracts are likely to rise in 2013 but talks about new year deals are making slow progress, Europe's biggest copper smelter Aurubis said on Friday. "The various TC/RC targets...
21st December 2012
 
Zest WEG Group

Company Announcement: Zest WEG Group Completes Extensive Contract at Konkola North PDF Available

The Zest WEG Group, including EnI Electrical and Shaw Controls, has successfully completed an extensive contract, worth in excess of R200-million, at Lubambe Copper Zambia’s Konkola North Project
3rd December 2012
 
DIVERSIFIED MINERS – 2

Logistical limitations compel Vale to slow down production ramp-up at Vale’s Mozambique coal mine

Brazilian diversified mining major Vale has reported that it had to decelerate the production ramp-up at its Moatize coal mine, in Tete province, Mozambique, during the third quarter of this year due to “logistical limitations”. The problem is...
26th October 2012
 
 
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