R/€ = 15.48 Change: 0.00
R/$ = 13.22 Change: 0.00
Au 1240.49 $/oz Change: -2.56
Pt 826.50 $/oz Change: -4.21


Private equity useful in current economy

6th July 2018 Using private equity to gain capital, especially for small to medium-sized enterprises (SMEs) that might not meet the criteria to qualify for bank loans, seems like a preferential means of raising capital in South Africa’s current tough economic climate, according to private equity company RMB... 

Rock-bolt drill hole logging - Enhance your Safety and Save Money

By: Creamer Media Reporter      2nd July 2018 DMT has released the new generation of its Slim Borehole Scanner (SBS) for imaging extra slim drill holes with a maximum diameter of 25 mm. One of its primary tasks is the logging of rock- or roof-bolt boreholes. There has been keen interest from South African mining companies with regard to this... 

Big names in construction, earthmoving equipment headed for Hillhead 2018

By: Shannon de Ryhove     15th June 2018 Later this month, construction solutions company Tarmac’s Hillhead quarry, near Buxton, in Derbyshire, UK, will again host the world’s biggest working quarry exhibition. Some 525 UK and overseas companies have booked exhibition space at Hillhead 2018, which means this year’s event will be 10%... 

Expertise And Quality Focus See Actom Turbo Machines Expand

5th June 2018 The drive by end-users to achieve longer lifespans from rotating equipment and to reduce their total cost of ownership has seen many customers implement component refurbishment programmes instead of simply replacing parts. This has placed ACTOM Turbo Machines in the ideal position to provide a... 

Swedish digital breakthrough in mining industry

5th June 2018 The Swedish-Australian company Orexplore has launched the world's first fully-featured digital drilling cores laboratory - the GeoCore X10. The product, which won a Red Dot Industrial Design Award in 2017, analyzes the element concentrations and minerals contained in a drill core, as well as... 

Stibnite ore dryer project finalised

By: Paige Müller     1st June 2018 South Africa-based furnace and kiln manufacturer Thermopower Furnaces SA plans to complete the final commission of a recently completed 15 t/h stibnite concentrate ore dryer installation within the first half of this year. The furnace installation was performed for a global engineering,... 

Furnaces outperform industry expectations

By: Paige Müller     1st June 2018 Two custom built 81 MVA submerged arc alternating current (AC) furnaces – designed and supplied by South African process and engineering firm Metix to Malaysia-based joint venture smelting facility Sakura Ferroalloys – have outperformed industry expectations since the smelting facility’s... 

Manufacturer adds products to existing line aimed at mining industry

11th May 2018 Automotive chip manufacturer VBox Africa, a division of automotive chip installer Automotive Technology Specialists (ATS), has added a range of measurement and control products to its range that is aimed specifically at the local mining industry. By combining new hardware and software, VBox... 

International Frontier partnership spuds first hole at Mexican Tecolutla block

By: Henry Lazenby     13th April 2018 Calgary-based oil and gas developer International Frontier Resources (IFR) announced on Thursday that the first evaluation well, TEC-10, has been spudded at its onshore Tecolutla block, in Mexico, which it is developing in partnership with Mexican joint venture (JV) partner Tonalli Energia. The... 

Eskom outlines case for R67bn clawback amid tariff-hike hostility

By: Terence Creamer     12th April 2018 State-owned electricity group Eskom has expressed confidence that its three applications to recoup nearly R67-billion through the Regulatory Clearing Account (RCA) mechanism will succeed, stressing that its submissions are fully aligned to the most recent RCA decision made in 2016 for the 2013/14... 

Eskom goes to Parliament to argue its case for a higher tariff increase 

By: Kim Cloete     27th March 2018 Eskom’s top officials have gone to Parliament to argue their case for a higher tariff increase, saying the 5.23% tariff increase for 2018/19 granted by the National Energy Regulator of South Africa (Nersa) would seriously harm the utility. “The 2.2% price increase for 2017/18 has strained the... 

Anglo American Platinum and Yokogawa Forging a New Way Forward

7th March 2018 Mining Opportunities with new local business entity Yokogawa South Africa is proud to announce the signing of a distributor agreement with 3E Control and Instrumentation (3E C&I) to support local business development by the supply of their wide range of instrumentation products in the North West... 

New exploration tool harnesses cosmic rays to find mineral deposits

By: Henry Lazenby     5th March 2018 A Vancouver-headquartered technology firm CRM Geotomography Technologies has developed a technology that exploits cosmic ray muons to find mineral deposits hidden underground. A spin-off company of TRIUMF Innovations, the commercialisation arm of TRIUMF – Canada's national particle accelerator... 

De Beers unit’s density measurement system now commercially available

By: Mia Breytenbach     23rd February 2018 De Beers Group of Companies’ innovation division De Beers Technologies South Africa (DebTech SA) has developed a novel density measurement system that can provide process plants with fast and accurate data on material density profiles of particle samples. The availability of this data, in turn,... 

Newmont beats Q4 earnings forecast; output on par with largest gold producer Barrick

By: Henry Lazenby     22nd February 2018 US gold miner Newmont Mining has reported market-beating earnings for the three months ended December 31, and reported production that is on par with that of leading gold producer Barrick Gold. The Denver, Colorado-based miner reported headline earnings for the fourth quarter of $216-million, or... 

BHP expects $1.8bn tax charge, says US reform beneficial in long run

By: Mariaan Webb     13th February 2018 The world’s largest diversified mining group BHP has flagged a $1.8-billion income tax expense as a result of the US Tax Cuts and Jobs Act, which will lower the country’s federal corporate income tax rate. The tax expense will be treated as an exceptional item, and comprises a noncash measurement... 

Petra delivers record production but stifled by Tanzania blockage

By: Megan van Wyngaardt     29th January 2018 In the six months to December 31, LSE-listed Petra Diamonds saw a 10% production increase to 2.2-million carats across its operations, which was in line with guidance. This represented record production for any six-month period for the company. 

Blasting company returns to Mining Indaba

26th January 2018 Blasting products and solutions provider Maxam Terra Solutions will return to the Investing in African Mining Indaba, where it will exhibit its range of explosives products at the International Cape Town Convention Centre from February 5 to 8. Maxam, originally founded in 1872, as one of... 

South African equipment company supplies iron-ore giant

8th December 2017 South Africa-based process equipment sales and supply company MIP Process Technologies has landed a contract to supply equipment to global iron-ore giant Ehya Sepahan, which has operations in the Middle East, most notably Iran. Ehya Sepahan CEO Hadi Golzar and technical and planning manager... 

DRC copper/cobalt tailings project potential probed

By: Tracy Hancock     8th December 2017 Aim-listed natural resource development company Red Rock Resources has extended the 40-day period in which it would carry out due diligence on four or five copper/cobalt tailings properties near Kolwezi in the Democratic Republic of Congo (DRC). The company reported on November 3 that the due... 

Relays assist with cable-theft detection

By: Simone Liedtke     24th November 2017 Mining system solutions supplier Becker Mining South Africa’s Proloc and ProBeck electronic protection and control relays have been designed for motor protection, as well as cable-theft detection, in diverse industries, including ventilation and cooling applications in mining and quarrying. 

Harmony Gold gets tax incentive for energy savings at Tshepong mine

By: Mia Breytenbach     24th November 2017 Gold producer Harmony Gold Mining Company (Harmony) has received a Section 12L tax incentive for energy savings achieved on the compressors of the miner’s Tshepong gold mine in the Free State. Section 12L of the Income Tax Act incentivises businesses to save energy through a tax allowance of 95c... 

Bushveld Energy and Partners Deploy Eskom's First Vanadium Redox Flow Battery

21st November 2017 Bushveld Minerals Limited , a mineral project development company with a portfolio of vanadium and coal assets in Southern Africa and an investment in tin, is pleased to announce that its 84%-owned energy subsidiary, Bushveld Energy Limited ("Bushveld Energy") has confirmed its first vanadium... 

Collaboration with engineering firm yields nigh-R100m cost saving for Harmony

By: Mia Breytenbach     17th November 2017 JSE-listed Harmony Gold has partnered with Pretoria-based engineering company ETA Operations (ETA), formerly known as HVAC International, to improve the operational efficiency of Harmony’s deep-level gold mines in South Africa, subsequently resulting in significant cost savings. The operational... 

Gold price rises 3.2% in Q3

By: Natasha Odendaal     30th October 2017 Gold experienced a “strong and fairly steadily rising” third quarter, with the price having increased by $40/oz, or 3.2%, in dollar terms, the SA Bullion Gold Report shows. A one-year analysis indicated a 2.9% contraction in the gold price, while the three-year growth analysis showed a steady... 

Shaft alignment tool benefits discussed

13th October 2017 All rotating machinery is susceptible to misalignment and the conventional methods of measuring alignment, such as rulers and dial indicators, are outdated and inaccurate, says industrial equipment supplier Comtest Group. The company points out that these methods could result in inadequate... 

Thuthukani Engineering Installs Turn Key Gland Service Water System for Grootegeluk

3rd October 2017 Pretoria based engineering firm, Thuthukani Engineering was contracted by Exxaro to supply a gland water service system for their largest mine, Grootegeluk mine in Limpopo. Grootegeluk has the world’s largest beneficiation complex where 8000 tonnes per hour of run-of-mine coal is upgraded in 10... 

Mining companies must embrace key changes to succeed

29th September 2017 Mining companies willing to engage in substantive change by rethinking strategy and embracing disruption to help unlock productivity and improve sustainability, will be best positioned to succeed in upcoming years, says advisory firm Deloitte Global mining sector leader Philip Hopwood. 

Efforts towards preventing future tailings dam failures

29th September 2017 Giving back to the engineering community by sharing experiences and research on tailings dam safety and failures is crucial to the further understanding of this issue, which is highly pertinent to the mining sector, says Jones & Wagener engineering and environmental consultants (J&W), Waste and... 

Real-time analysis aids coal mining efficiency

22nd September 2017 To avoid incorrect plant control decisions and plant inefficiencies, technologies that measure mining process streams must be implemented directly and in real time. Australia-based bulk materials monitoring company Scantech uses real-time analysis technologies to measure conveyed bulk materials... 

MHSC’s centre of excellence set to open in November

By: Ilan Solomons     22nd September 2017 The Mine Health and Safety Council (MHSC) is currently implementing a business plan for its centre of excellence, which is scheduled to open by the end of November. This is according to MHSC research COO Nkhensani Masekoa, who was addressing delegates at Southern African Institute of Mining and... 

Hydrogen detection solutions to increase safety at Zambian mines

By: Simone Liedtke     15th September 2017 Tshwane-based industrial solutions provider RTS Africa Engineering (RTS) believes that Zambia offers a “strong and vibrant mining economy” and is currently in the process of entering the Zambian mining market to provide increased safety at mines through its hydrogen detection solutions. 

Geophysicists urged to innovate amid tough times for exploration

By: Kim Cloete     12th September 2017 The state of exploration for oil and gas as well as mining is in a fix, with exploration spending having decreased by 69% in the last four years, delegates attending the South African Geophysical Association (Saga) 2017 conference have heard. Lockheed Martin business development manager Dan Di... 

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.  

Tax benefits for demonstrated energy savings at mines

25th August 2017 Fuel solutions provider Masana Petroleum Solutions strongly urges companies to take advantage of the Section 12L Energy Tax Incentive, under South Africa’s Income Tax Act, before it is too late, as this opportunity is limited until 2020. 

Endress+Hauser’s instruments are ready for IIoT, are your processes ready?

24th August 2017 The concept of IIoT (Industrial Internet of Things) is electrifying the mining industry, but what is really behind it? What is the benefit for you? First came flint, followed by bronze, iron, gold, coal and during the last decades it was oil. The title of “most important” resource has been held... 

Local mine to adopt new generation jumbo drill rig

By: Simone Liedtke     18th August 2017 Mining company Vedanta Resources’ Black Mountain base metals mine, in the Northern Cape, will later this year become the first local mine to adopt a new generation jumbo drill rig equipped with an intelligent control system from high-technology engineering group Sandvik. 

Quality management using online measurement of conveyed materials

7th August 2017 Plant control is most effective when technologies measure process streams directly and preferably in real time. Measuring sampling streams that are not representative of the primary flow will result in incorrect plant control decisions. Sampling coarse conveyed flows is expensive and impractical... 

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