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Topic

Nanoparticle tech allows gemstone origin confirmation

14th September 2018 Gemstone mining company Gemfields has again partnered with Swiss gemologist Gübelin Gem Lab to embed nanoparticles proving origin into all Kagem emerald mine emeralds that were sold at auction in Lusaka, in Zambia in May. Gemfields is the operator and 75% owner of the Kagem mine and also holds... 

New exploration licences validated

14th September 2018 Canada-based diversified miner Maxtech Ventures last month announced that its Zambian mining operation, Maxtech Mining Zambia’s two large-scale exploration licences have been validated by the Minister of Mines and Mineral Development of Zambia. The first large-scale exploration licence is for an... 

Moz rail, port project stimulated by heavy mineral sands development

By: Rebecca Campbell     14th September 2018 The Mozambican daily newspaper “Notícias” has reported that the proposed Chongoene Logistics Corridor project, which would benefit the heavy mineral sands project at Chibuto in the country’s Gaza province, is now being investigated by a partnership that includes the China Railways International... 

Johnson Crane Hire

12th September 2018 Ranked among the top crane hire companies in the world, Johnson Crane Hire operates the largest mobile crane fleet in Africa. The company has an acknowledged track record for delivering appropriate solutions to the mining, petrochemicals, power and civil infrastructure industries throughout South... 

Afrox achieves double-digit HEPS growth amid subdued economic environment 

By: Simone Liedtke     10th September 2018 Despite low economic growth in the six months to June 30, JSE-listed African Oxygen (Afrox) achieved double-digit growth in its headline earnings per share (HEPS) to 104c, representing an increase of 11.5% from the HEPS of 93.3c recorded for the six months to June 30, 2017. Referring to the... 

Brasco Electrical 

10th September 2018 The Brasco Group of Companies was established in 1991 and has been flourishing ever since. Brasco Electrical saw the company come into being, and it was this division that opened the door for many more to follow. The Brasco Group of Companies now offers a comprehensive range of services,... 

Mining waste set to grow, but ‘reduce, reuse, recycle’ solutions abound

By: Tracy Hancock     7th September 2018 The evolution of waste management techniques to accommodate the shift to low-grade ores by mining operations is one of the key emerging trends in the global mining waste management market, states UK market research company Technavio. The London-headquartered company explains that in the last... 

Mozambique confirms priority for new coal-carrying railway

By: Rebecca Campbell     7th September 2018 The strengthening of the railway infrastructure to carry coal from the inland Tete province to the sea, for export, is one of the top priorities for next year for Mozambique’s Ministry of Transport and Communications. This was affirmed by Transport and Communications Vice Minister Manuela Rebelo... 

Mining waste set to grow, but ‘reduce, reuse, recycle’ solutions abound

By: Tracy Hancock     7th September 2018 The evolution of waste management techniques to accommodate the shift to low-grade ores by mining operations is one of the key emerging trends in the global mining waste management market, states UK market research company Technavio. The London-headquartered company explains that in the last... 

Eazi Access

5th September 2018 Eazi Access is Africa’s market leader in work-at-height and material-handling solutions. Our comprehensive offering includes rental, sales, servicing and training across a range of industries and applications. We are a 100% South African-owned company with an extensive footprint across the... 

Goodwin pumps reduce maintenance costs, downtime

5th September 2018 Pump manufacturer Goodwin Submersible Pumps Africa has made significant advances in the mining and dewatering industries since its inaugural opening in South Africa two years ago. The growth experienced by the company has been spearheaded by the flagship 100ANZE slurry submersible pump as well as... 

Syrah raises A$94m for Balama ramp-up

By: Esmarie Swanepoel     4th September 2018 Graphite developer Syrah Resources will raise A$94-milion through an institutional placement to complete the ramp-up of its Balama graphite project, through to positive cash flow. The company on Tuesday said that some 42.2-million new shares would be placed at A$2.23 a share, to raise... 

Triton raises funds for Ancuabe

By: Esmarie Swanepoel     31st August 2018 Graphite developer Triton Minerals will raise $4-million through a share placement to assist in funding its development activities at its Ancuabe graphite project, in Mozambique. Triton on Friday said that the an initial A$1.2-million will be raised through a placement to the company’s largest... 

Battery Minerals sits on $10bn worth of vanadium in Mozambique

By: Esmarie Swanepoel     31st August 2018 Graphite developer Battery Minerals is looking at ways to exploit the near $10-billion worth of vanadium contained in its assets in Mozambique. Battery Minerals MD David Flanagan on Friday told delegates at the Africa Downunder conference that the tailings that would be produced from its... 

Economic slowdown impacts on modular building demand

By: Paige Müller     31st August 2018 The local modular building industry has been feeling the pinch for the past three months, owing to a slowdown in economic activity in the sectors it serves, states prefabricated modular buildings supplier Kwikspace Modular Buildings. Kwikspace international executive Liam Cafferty is concerned... 

Ncondezi receives in principle support from all loan holders for loan restructuring

By: Simone Liedtke     30th August 2018 Aim-listed Ncondezi Energy has received “in principle” support from all loan holders to enter into a loan restructuring for its existing $5.1-million loan and on the process to conclude a binding joint development agreement (JDA) for the company’s integrated 300 MW power and coal mine project in... 

Showcasing Mining Productivity & Safety with Probe IMT at Electra Mining Africa 2018

By: Creamer Media Reporter      30th August 2018 Probe Integrated Mining Technologies (IMT), are trusted suppliers of productivity and safety products that yield capacity and reduce the risks inherent to earth moving and transport civil operations, will be exhibiting at the Electra Mining Africa 2018, from Monday, September 10th  to Friday,... 

Kibo, GE expand their collaboration on energy projects

By: Creamer Media Reporter      29th August 2018 Aim- and AltX-listed Kibo Energy has entered into an expanded collaboration agreement with US-based General Electric (GE). Under the terms of the agreement, GE will work with Kibo to develop its portfolio of energy projects in Tanzania, Botswana and Mozambique, as well as enhance its strategy of... 

Roff Industries on reducing dust explosion risks

29th August 2018 Local manufacturer Roff Industries believes that organisations spending huge amounts on certified explosion-proof electrical equipment could achieve substantial savings by avoiding the main hazard – the build-up of dust. 

Vale remains committed to Moz, despite continued losses at Moatize

By: Rebecca Campbell     24th August 2018 Despite continuing to make a loss, coal-miner Vale Moçambique will continue to make major investments in its assets in Mozambique. This assurance was given at a mid-month press conference in Maputo by the company’s Board Chairman Márcio Godoy. These assets are the Moatize coal mine in Tete... 

Study initiated to assess conversion of Kelvin power station from coal to gas

By: Terence Creamer     21st August 2018 A $1.3-million feasibility study has been initiated into the prospect of converting the coal-fired Kelvin power station, east of Johannesburg, into a 450 MW to 600 MW gas-fired power station. The study will also assess the potential for developing the Kelvin site into a gas distribution hub for... 

Higher mineral sands prices underpin Kenmare’s strong interim performance

By: Simone Liedtke     20th August 2018 LSE-listed Kenmare Resources achieved strong financial results for the six months to June 30, with the titanium and zircon producer having generated $48.4-million in operating cash flow through the shipment of 589 t at increased prices. The miner further recorded a 37% increase in revenue, as a... 

Zambian Revenue Authority executes search warrant at Gemfield’s Kagem mine

By: Schalk Burger     17th August 2018 Gemstone miner Gemfields on Friday said its Kagem Mining company had been subjected to an unannounced visit on Thursday by the Zambian Revenue Authority. Kagem Mining, through which Gemfields operates and holds 75% of the Kagem emerald mine, in Zambia, and its South African polygraph service... 

Balama fines circuit gets an upgrade

By: Esmarie Swanepoel     14th August 2018 The commissioning of attrition cells for the fines graphite circuit at the Balama graphite project, in Mozambique, has been successfully completed, ASX-listed Syrah Resources said. The company told shareholders that initial assessment was showing significant improvement in fines graphite fixed... 

Mustang to raise A$2.4m in private placement

By: Marleny Arnoldi     13th August 2018 ASX-listed Mustang Resources will raise about A$2.4-million through a private placement to advance its Caula vanadium/graphite project, in Mozambique, and for general working capital. Of this amount, A$2.18-million will be raised through the issue of about 158.6-million shares at $0.01374 apiece.  

Mozambique's ruby mining goes from ‘wild west’ to big business

By: Bloomberg     13th August 2018 Sebastiao Pedro struck it lucky in 2014 when, as a 21-year-old small-scale miner, he found a large red ruby in northern Mozambique. He sold it to a buyer from Vietnam for $43 000, returned to his family 900 miles away and built a house with the proceeds. Then the money ran out. 

Vale reports lower coking coal earnings, but thermal product sales rise

By: Rebecca Campbell     10th August 2018 During the second quarter of this year (2Q18), Brazilian mining major Vale’s coal business achieved earnings before interest, taxes, depreciation and amortisation (Ebitda) of $45-million. Vale’s coal business is composed almost entirely of its Moatize mine in the inland Tete province of... 

‘Solid’ safety: Vital Engineering’s solid forged handrails and stair tread nosing – safety assured for the local and pan-African mining sector

7th August 2018 Mining is a primary creator of wealth and employment, and, as such, places demands on the people and equipment employed this all-important sector. To keep mines operating efficiently, quick, safe access to areas such as minerals processing plants is essential. Founded in 1939, Vital Engineering... 

Nacala corridor transaction reaffirms ‘Africa open for business’

By: Simone Liedtke     30th July 2018 Owing to a consortium of three export credit agencies (ECAs), the African Development Bank (AfDB) and a lending consortium of six international and four South African banks, a collaboration on funding for the revamp and extension of the Nacala Logistics Corridor has successfully raised... 

Fura Gems to acquire another ruby prospecting licence in Mozambique

By: Marleny Arnoldi     30th July 2018 Gemstone mining company Fura Gems has entered into a share purchase agreement with Azores Overseas to acquire a ruby prospecting licence in the Montepuez district of Cabo Delgado province, in Mozambique. Fura president and CEO Dev Shetty said the company is pleased to further consolidate its... 

Kibo to raise £500 000 for Botswana, Mozambique projects; shareholders approve name change

By: Simone Liedtke     30th July 2018 Aim-listed Kibo Mining has received commitments from an Ireland-based Investment Fund to raise £500 000 through a placing of just over 9.5-million ordinary shares in Kibo of par value at €0.015 at a placing price of 5.25p a share. The funds from the placing will go towards general working... 

New plant at Balama lowers 2018 guidance

By: Esmarie Swanepoel     30th July 2018 A ramp-up review of the Balama project, in Mozambique, has seen graphite producer Syrah Resources adjust its full year production expectations. The company on Monday said that its new COO Julio Costa’s review had identified graphite recovery performance improvement actions, focused on stable... 

Chinese investors plan $10bn metallurgical complex in South Africa

By: Reuters     27th July 2018 Chinese investors signed agreements to build a $10-billion metallurgical complex in South Africa during President Xi Jinping's state visit this week and hope to start construction next year, an executive involved in the project and a provincial official told Reuters. South Africa's President... 

Production at Vale’s Moz coal operation increasing again

By: Rebecca Campbell     27th July 2018 Brazilian mining major Vale has reported significantly higher production at its Moatize coal operation during the second quarter of this year (2Q18) in comparison to the first quarter (1Q18). However, 2Q18 production was still lower than that of the same quarter last year (2Q17). The figures were... 

Zimbabwe's African Chrome Fields eyes equity sale to fund expansion

By: Reuters     26th July 2018 Zimbabwe's largest chrome miner African Chrome Fields (ACF) is talking to foreign investors about an equity sale to help fund expansion but will ensure the firm's two main partners retain control, the majority shareholder said on Wednesday. The chairman of Moti Group, which has a majority stake... 

Ncondezi submits updated tariff proposal for Mozambique energy project

By: Marleny Arnoldi     26th July 2018 Aim-listed Ncondezi Energy has submitted an updated tariff proposal to Mozambican State-owned power utility Electricidade de Moçambique (EDM) and the Ministry of Mineral Resources and Energy (Mireme). The updated tariff proposal arose from a financial model submitted to the two authorities, which... 

De Beers to move 200 elephants from South Africa to Mozambique

By: Reuters     23rd July 2018 Diamond producer De Beers said on Monday it was relocating 200 elephants from its private reserve in South Africa to neighbouring Mozambique, part of wider efforts to restore wildlife populations ravaged by conflict there. The Anglo American unit said its 32 000 ha Venetia Limpopo Nature Reserve... 

Mustang reports maiden resource at Caula

By: Esmarie Swanepoel     20th July 2018 ASX-listed Mustang Resources has reported a maiden Joint Ore Reserves Committee compliant resource of 22-million tonnes, at 0.37% vanadium pentoxide at its Caula vanadium-graphite project, in Mozambique. The Caula project is currently estimated to host some 81 600 t of vanadium pentoxide.  

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