R/€ = 15.90 Change: 0.00
R/$ = 13.47 Change: 0.04
Au 1243.94 $/oz Change: 6.10
Pt 877.50 $/oz Change: 0.00


Initial mining programme expected to start next year

     15th December 2017 Marine and land-based mining company Diamond Fields International has reaffirmed its commitment to its Namibian operations, announcing at the start of November an initial mining programme for its ML111 licence in offshore Namibia in 2018.  The initial mining programme for the licence area will... 

Biggest Australian business lender to stop new coal mine funding

By: Bloomberg     14th December 2017 National Australia Bank (NAB) pledged to stop funding new thermal coal mine developments and boost lending to renewable energy projects as part of global efforts to tackle climate change. “While we will continue to support our existing customers across the mining and energy sectors, including... 

Survey Says: More Oil Producers Moving Toward a Risk-based Approach for Asset Life Extension

     12th December 2017 Producers have discovered that a risk-based inspection approach can cut costs if it’s implemented properly, says an OGIQ survey. Now, it’s a matter of increasing the adoption rate. By Anne-Marie Walters 

NEB declares Trans Mountain Pipeline exempt of Burnaby bylaws

By: Henry Lazenby     8th December 2017 Canada’s federal endowed National Energy Board (NEB) issued an order on Thursday, declaring that Kinder Morgan’s C$7.4-billion Trans Mountain Expansion project is not required to comply with two sections of the City of Burnaby’s bylaws as the company prepares to begin construction. 

Continued focus on downstream development

By: Donald Makhafola     8th December 2017 The stage is set for the expansion of copper mining activities across the Copperbelt to take advantage of the 20-million tonnes of unmined copper in the region, nonprofit organisation Copper Development Association Africa (CDAA) director Levine Warries tells Mining Weekly.   

Policy certainty needed to drive oil and gas in South Africa

By: Robyn Wilkinson     1st December 2017 The large-scale production of oil and gas has the potential to stabilise South Africa’s economy, relieving unemployment and poverty challenges while driving growth across industries, but government must provide policy certainty and an assertion of future contract stability, says South African Oil... 

Dassault Systèmes heralding in new autonomous mining era  

By: Martin Creamer     30th November 2017 The 'mine of tomorrow' is expected to be a factory-like entity equipped with a multiplicity of autonomous devices, which are controlled by technology savvy personnel working from remote centres, attendees of the natural resources forum heard in Sandton on Thursday. The ‘mine of tomorrow’ would... 

Metro Mining reaches commission stage at Bauxite Hills

By: Megan van Wyngaardt     29th November 2017 ASX-listed Metro Mining on Wednesday reported that all major marine infrastructure at its Bauxite Hills mine had reached practical completion including the barge loading facility (BLF), marine offloading facility, cyclone moorings, navigational aids and tidal gauge. The project is within budget... 

Qasim Abrahams

By: Martin Creamer     24th November 2017 This week Mining Weekly features Qasim Abrahams, VP Sales & Service Southern Africa, Metso Southern Africa, which supplies equipment, services and process knowledge to mining, from the pit to the handling of the end product 

De Beers JV starts planning construction of largest offshore diamond mining vessel

By: Natasha Odendaal     22nd November 2017 Planning for what could potentially be the world’s largest custom-built offshore diamond mining vessel has been initiated, diamond giant De Beers announced this week. The Government of Namibia and De Beers’ 50:50 joint venture Debmarine Namibia is aiming to start the operation of a new... 

Great Barrier Reef pitched against coal jobs in Queensland vote

By: Bloomberg     21st November 2017 The fate of Adani Group’s A$16.5-billion Australian coal mine hinges on weekend elections in Queensland state, as voters weigh the promise of new jobs against a potential environmental threat to the Great Barrier Reef. The Labor government has vowed to reject A$900-million in federal funding for... 

Caterpillar selected to help install solar PV system for Otjikoto

     10th November 2017 Gold producer B2Gold has selected capital equipment giant Caterpillar (Cat) and global industrial company Barloworld to install a solar photovoltaic (PV) system at Otjikoto mine, Namibia, which will provide 7 MW of solar power to the mine. “For many years, B2Gold has relied on dependable,... 

Rio creates new commercial role

By: Esmarie Swanepoel     6th November 2017 Mining major Rio Tinto has appointed Simon Trott as its chief commercial officer (CCO), reinforcing the miner’s focus on driving value across the business. Trott, who is currently the salt, uranium and borates MD, will report directly to the company’s CEO and will form part of Rio’s executive... 

British Columbia govt digs in against Canadian oil

By: Henry Lazenby     3rd November 2017 The British Columbia provincial government has reiterated its opposition against the flow of oil over its soil. While proponents for Kinder Morgan's Trans Mountain Expansion project have argued that the expansion of Canada's ability to reach new markets in Asia needs to be designated as a... 

TransCanada snuffs out Energy East, Eastern Mainline projects

By: Henry Lazenby     6th October 2017 TransCanada has pulled the plug on the Energy East and Eastern Mainline pipeline projects, the oil and gas infrastructure major revealed on Thursday. The TSX- and NYSE-listed oil and gas company said it will inform the National Energy Board (NEB) that it will no longer be proceeding with its... 

TransCanada seeks 30-day suspension of Energy East, Eastern Mainline project applications

By: Henry Lazenby     8th September 2017 Oil and gas infrastructure company TransCanada said the viability of its Energy East pipeline and Eastern Mainline projects is in doubt after the Canadian National Energy Board (NEB) last month released a broader scope under which the environmental assessments (EAs) for the two projects will be... 

De Beers’ marine mining unit assessing feasibility of digital transformation

By: Ilan Solomons     8th September 2017 Diamond company De Beers’ marine mining division is currently running a pilot project to assess the feasibility of implementing digital transformation and thereby ensuring optimal operational excellence in the business unit and potentially throughout the rest of the group’s operations. De Beers... 

Government certainty needed for successful shale gas exploration in South Africa

By: Anine Kilian     1st September 2017 Government must make a clear-cut decision on whether or not to proceed with shale gas exploration in the Karoo, University of Cape Town Institute of Marine and Environmental Law's Professor Jan Glazewski said on Friday. Speaking to Engineering News Online on the sidelines of a national shale gas... 

Advancing technology signals imminent opening of undersea mineral treasure chest

By: Henry Lazenby     29th August 2017 In a new era of ever-advancing technology and increased legal certainty, ocean floor mining is set to take off in the next decade as several juniors jostle to be first to exploit the wealth hidden on the deep ocean floor. DeepGreen Resources chief development officer Anthony O’Sullivan believes... 

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 ... 

Namibia black-ownership plan risks repeating South Africa's errors

By: Bloomberg     29th August 2017 A plan by Namibia, among the world’s most economically unequal nations, to better distribute wealth among its citizens may end up the way neighbouring South Africa’s has – benefiting an elite minority. The nation is working on a law that will require all businesses to be at least a quarter owned... 

Inkai mine, Kazakhstan

By: Sheila Barradas     25th August 2017 A uranium mine in the Suzak district of South Kazakhstan Oblast. 

Kenmare returns to H1 profit

By: Creamer Media Reporter      22nd August 2017 Increased shipments, higher average received prices and lower unit costs have contributed to a turnaround in mineral sands miner Kenmare Resources’ earnings before interest, taxes, depreciation and amortisation (Ebitda) in the six months to June 30. The miner, which operates the Moma mine, in... 

Turkish firms set for $64bn spending spree to leave home

By: Bloomberg     21st August 2017 Robert Yuksel Yildirim had barely been at the family’s construction-materials business a year before the company won its first international contract. Now, it’s a conglomerate with interests in mining, ports and chemicals across 28 countries. Twenty four years after the deal to import coal... 

Adani fined for environmental breach at Abbot Point

By: Mariaan Webb     11th August 2017 Queensland’s Environment and Heritage Protection (EHP) department has fined Indian conglomerate Adani A$12 190 for an authorised stormwater release from its coal handling facility at Abbot Point during Cyclone Debbie, in March. The EHP charges that Abbot Point Bulk Coal (APB) had released... 

Growth aids new sales platform

By: Nica Schreuder     11th August 2017 There is cautious optimism worldwide in the future demand for valves, owing to investment in major industries, such as, besides others, mining and oil and gas, as well as related infrastructure, which has prompted growth in the valves industry this year. Industry players are hoping that this... 

Demand for African resources, but common codes needed

By: Simone Liedtke     14th July 2017 African mining has entered into the new up-cycle for commodities, which is fuelled by the economic growth profile in the eastern hemisphere – which includes China, Mongolia and the Pacific rim region, as well as the global uncertainty over the value of and the sustained availability of ‘cash-money’. 

Namibia to establish mining and marine institutes at the coast

By: African News Agency      3rd July 2017 The University of Namibia (UNam) plans to establish marine engineering and mining training institutions at the coast. The School of Marine Engineering and Maritime Studies will be established in Henties Bay where an eight hectare piece of land was donated by the municipality. 

Implementation of hybrid renewable-diesel microgrids set to increase

By: Nadine James     30th June 2017 Mining houses’ use of microgrids and renewable energy to generate power and supplement diesel energy at isolated mining operations has been steadily increasing, says renewable-energy and microgrid consultant THEnergy. THEnergy founder and MD Dr Thomas Hillig notes that the company has been... 

Company seeks strategic partners as it aims to mine diamonds off the West Coast

By: Ilan Solomons     30th June 2017 Local diamond exploration company Mza Diamonds Resources is calling for expressions of interest from marine mining companies to join the company to deploy remote marine mining equipment to extract diamonds from its number 7B mid-water diamond concession, off the West Coast of South Africa. The... 

Pumps companies among winners at awards ceremony

     16th June 2017 Family-owned, Centurion-based pumps manufacturer Hazelton Pumps has walked away with the Most Innovative Award and the Best Customer Service of the Year Award – as it did in 2015 – at the third annual Steel and Engineering Industries Federation of Southern Africa (Seifsa) Awards for Excellence.... 

Former Rio Tinto exec joins Berkeley Energia board

By: Creamer Media Reporter      7th June 2017 Former Rio Tinto executive Nigel Jones has joined the board of uranium developer Berkeley Energia as a nonexecutive director, the Aim- and ASX-listed company announced on Wednesday. London-based Jones has 30 years’ experience in the international mining sector and has corporate development and... 

Dellner launches new heavy duty SKD disc brakes

     7th June 2017 New modular design to deliver outstanding stopping power at competitive prices  Dellner Brakes AB, one of the world’s most innovative manufacturers of technologically advanced braking systems, has introduced two new heavy-duty disc brakes to its SKD range that, through a new modular design, are... 

Robot ghost ships to extend miner's technology drive to seas

By: Bloomberg     7th June 2017 BHP Billiton, the world’s biggest mining company, is studying the introduction of giant, automated cargo ships to carry everything from iron-ore to coal as part of a strategic shift that may disrupt the $334-billion global shipping industry. “Safe and efficient autonomous vessels carrying BHP... 

Rugged mining cables & connectors for opencast & underground mining applications

     5th June 2017 Components, equipment and systems specialist, Powermite, alongside sister company, Proof Engineering, bring end-to-end cable and connector solutions for mining and industrial applications. Powermite’s rugged range of TPU mining cables with flexible Class 5 tinned annealed copper wire conductors... 

Operation Phakisa pushes for improved capability in subsurface research

By: Ilan Solomons     2nd June 2017 Operation Phakisa’s oil and gas group has identified the need to develop localised capability in this sphere and consequently tasked the D2 working group with initiatives aimed at developing South African capability in subsurface research and data gathering, says national exploration regulator... 

Council for Geoscience launches near-shore mapping programme

By: Ilan Solomons     26th May 2017 Mineral resources are important to the economy and capacity building of South Africa and are being extensively exploited on land and there will likely be a shift towards the offshore environment, where exploration is currently focussed on diamonds and titanium sand, says Council for Geoscience... 

Botswana agency to support installed base, new projects

By: Simone Liedtke     26th May 2017 Key mining, materials handling and minerals processing equipment supplier Takraf Africa – part of the global Tenova Takraf group – has appointed engineering service agency Etuba Engineeringits agent in Botswana. Takraf Africa engineered technologies GM Richard Späth tells Mining Weekly that the... 

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