Significant drive towards increasing local content

A globally increasing awareness of the benefits for countries of increased local content in industry is being further stimulated by the prospect of a double-dip recession. Increased local content supply is widely held to result in more jobs and...

Significant drive towards increasing local content

A globally increasing awareness of the benefits of increased local content in industry within countries is being further stimulated by the prospect of a double dip recession.

Commodity price performance encouraging industry investment and expansion

International supplier of mining equipment and process plant solutions Manhattan Corporation reports high precious metals and general commodity prices are prompting mines to increase their production profiles. Coupled to these favourable prices,...

Caterpillar’s Bucyrus acquisition to present Barloworld with 'huge opportunity'

The announcement on Monday that US companies Caterpillar and Bucyrus International had entered into an agreement under which Caterpillar would acquire Bucyrus in a transaction valued at about $8,6-billion, presented an “absolutely huge...

Materials handling solutions delivered, in progress

International manufacturer and supplier of mining equipment Manhattan Corporation reports that it is currently involved in a variety of materials handling projects throughout South Africa.

Material handling solutions product boom

International manufacturer and supplier of mining equipment Manhattan Corporation reports that it has materials handling projects across Africa, in excess of R100-million, in the pipeline. These projects include the installation of an optical...

Local personnel carriers enter international market

Manufacturers of mining equipment NCS Engineering has introduced into the market a range of purpose-built personnel and service vehicles for the mining industry. Despite being relatively new in the market, the MaximB vehicles are being supplied...

Bucyrus agrees to buy Terex mining unit for $1,3bn

US mining equipment manufacturer Bucyrus International has agreed to buy Terex Corporation's mining equipment business for $1,3-billion in cash, to widen its product offering. Terex can opt to receive $300-million of the purchase price in Bucyrus...

Timmins Gold starts count down to first pour

Junior Timmins Gold expects to pour its first gold and silver dore bars in the next few weeks at the company's new San Francisco mine, in Sonora, Mexico. The gold plant is now operational and gold is being extracted from the pregnant solution,...

Mining suppliers not investing enough in their local areas – Deloitte

In many mining procurement activities, companies which are suppliers are not spending money in the province in whichthey are operating, and there is no economic multiplier taking effect from that particular source, says professional services...

Wind farm bearings offtake depriving mining equipment of supply – BHP Billiton

The growth in wind farms had resulted in a shortage of large bearings for mining equipment and was but one example of a long list of factors that were lengthening lead times for the supply of equipment to new mining projects, BHP Billiton CEO...

Acquisition to greatly benefit pump companies

UK based pump company Weir PLC (Weir) has purchased South African pump company CH Warman Pump Group (CHW). The new company will be called Weir Warman, with the two operations being run in South Africa, one being the current South African...