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Goal driven and competitive South African manufacturing can up the stakes in global competitiveness

     28th March 2018 Manufacturing Indaba, the foremost Manufacturing event in sub-Saharan Africa and with its strategic partners, the dti and the Manufacturing Circle has grown exponentially, and now in its 5th year, is considered to be the leading manufacturing business platform. Manufacturing Indaba has relocated... 

Aucor commemorates its 50 years in business

     19th March 2018 From humble beginnings in 1968, Aucor has grown into one of the most successful and experienced auction houses in southern Africa and the company is proudly celebrating its 50th birthday in 2018.   “This is an exciting time for Aucor to be celebrating its success and achievements over the past 50... 

African Rainbow Minerals ups earnings, declares dividend

By: Martin Creamer     16th March 2018 Diversified black-led mining company African Rainbow Minerals (ARM) on Friday announced a 15% increase in headline earnings for the six months to December 31 to R1 945 million. This increase was mainly as a result of improved headline earnings from the manganese division, ARM Coal, Modikwa... 

Colenso power project set for construction in 2019

By: Donald Makhafola     16th March 2018 The development of the greenfield Colenso anthracite coal mining project, in KwaZulu-Natal - primarily earmarked to supply the coal-fired Colenso power station currently in the planning phase - is expected to start next year at an estimated cost of R410-million, says coal mining and independent... 

RBM continues work on Zulti South, sees markets improve

     16th March 2018 Work has continued on the feasibility study for the Zulti South mine expansion project at Richards Bay Minerals (RBM) in South Africa, which has the potential to maintain RBM’s low-cost smelting capacity and zircon production, diversified miner Rio Tinto reported in its 2017 full year results... 

Afrimat Construction Index ticks up, but talks on land may dampen mood

By: Irma Venter     15th March 2018 The 2017 fourth quarter results of the Afrimat Construction Index (ACI) show an upward trend, broadly in line with the uptick in South Africa’s gross domestic product. After reaching an eight-quarter high of 127 at the end of 2016, the ACI declined for two successive quarters before recovering in... 

JG Afrika appoints new executive associate and associate

     6th March 2018 Sanjay Maharaj has been promoted to an executive associate and Bobby Jarratt an executive at JG Afrika by partners of this leading South African consultancy. Maharaj has been with the company for more than 15 years, during which time he has earned a solid reputation for helping provide water to... 

JG Afrika supports KZN Wetlands Forum in devising a solution for endangered wetlands

     21st February 2018 This year’s World Wetlands Day (2 February) was celebrated in northern KwaZulu-Natal, South Africa, by bringing together community leaders, municipalities, state departments, scientists and industry to discuss a workable solution to the rapidly declining water levels in the area. This includes... 

M&R committed to deliver sub-Saharan power and water prospects as mega-project era draws to close 

By: Creamer Media Reporter      14th February 2018 The Power & Water business platform within JSE-listed engineering and construction group Murray & Roberts (M&R) is beginning to shift its attention from Eskom’s two megascale power station projects, in Limpopo and Mpumalanga respectively, to tackling a range of smaller opportunities in various... 

Alan Waller

By: Martin Creamer     9th February 2018 This week Mining Weekly features Alan Waller, CEO of the Richards Bay Coal Terminal, which loaded a record 76.47-million tonnes of seaborne coal in the 2017 calandar year. 

Richards Bay zone woos investors at Cape Town's Mining Indaba

By: African News Agency      8th February 2018 The Richards Bay Industrial Development Zone (RBIDZ) went on a charm offensive at the Mining Indaba held in Cape Town to woo local and international investors seeking export and import opportunities in KwaZulu-Natal province. RBIDZ acting manager for business development and support, Mzamo... 

Record-breaking year for Richards Bay Coal Terminal

By: Martin Creamer     26th January 2018 Despite a loss of 38 days to bad weather, 2017 has been a record-breaking year for South Africa’s Richards Bay Coal Terminal (RBCT) in KwaZulu-Natal, which loaded a record 76.47-million tonnes of South African-mined coal in the 12 months to the end of December. The private sector terminal, which... 

Civil engineering solutions provider secures new contracts

     26th January 2018 Civil engineering solutions provider Concor Infrastructure, formerly known as Murray & Roberts Infrastructure, is well positioned to take advantage of the recent increase in optimism in the mining space, with company representatives poised to attend the 2018 Investing in African Mining Indaba in... 

Steve Haggerty

By: Martin Creamer     26th January 2018 This week Mining Weekly features Steve Haggerty, distinguished research professor, Florida International University (FIU) in the US, who has found diamond deposits in Liberia and who researches kimberlites 

Concor Infrastructure Boosts Order Book With New Contracts

     5th December 2017 Concor Infrastructure recently secured two significant contracts in the mining sector, and managing director, Eric Wisse, says the company, formerly known as Murray & Roberts Infrastructure, is well positioned to take advantage of the recently increased optimism in the mining space. As part of... 

Rotek And Komatsu Keep The Home Lights Burning

     29th November 2017 Claudius Martin, the Plant Service Manager of the Bulk Material Supplies (BMS) division of Eskom subsidiary Rotek, is responsible for the care and maintenance of machines vital to the management of power station stockyards. “Our goal is to keep the lights on,” he says, in a simple statement that... 

CoAL considers name change, secures approval for Makhado Lite strategy

By: Natasha Odendaal     27th October 2017 Triple-listed Coal of Africa Limited (CoAL) is reviewing potential second cash generator prospects, the disposal of further noncore assets and a rationalisation of the bourses on which it is listed as it continues restructuring its balance sheet. This followed the acquisition of the Uitkomst... 

Transnet Freight Rail anticipates economic uptick, aims to unlock intraregional collaboration 

By: Samantha Herbst     27th October 2017 Despite being at the mercy of economic uncertainty, compounded by sometimes heavily fluctuating commodity prices, State-owned rail transport company Transnet Freight Rail (TFR) has identified itself as a key economic enabler that aims to boost the South African economy by trying to unlock areas... 

LANXESS

     20th October 2017 Despite South Africa being the largest contributor to the ferrochrome industry, the sector remains under immense pressure. Specialty chemicals company LANXESS is the only company in South Africa that handles the entire chemical chrome value chain, from the mining of the raw material, chrome ore,... 

Insimbi’s H1 earnings rise

By: Anine Kilian     19th October 2017 JSE-listed Insimbi Refractory and Alloys’ earnings before interest, taxes, depreciation and amortisation increased by 273% year-on-year to R179.8-million for the six months ended August 31. Earnings a share were up by 142% year-on-year to 11.97c and headline earnings a share increased by 150%... 

Self-starters share secrets to success in the South African mining sector

By: Ilan Solomons     13th October 2017 There are many ways for entrepreneurs to enter the mining industry, including as project developers, service providers and product suppliers – all of which hold great opportunities and challenges, states mining investment advisory company MX Mining Capital Advisors director Dr Mike Seeger. The... 

Self-starters share secrets to success in the South African mining sector

By: Ilan Solomons     13th October 2017 There are many ways for entrepreneurs to enter the mining industry, including as project developers, service providers and product suppliers – all of which hold great opportunities and challenges, states mining investment advisory company MX Mining Capital Advisors director Dr Mike Seeger. The... 

EXXARO INVESTS IN WATERBERG COAL POTENTIAL:

By: Martin Creamer     13th October 2017 South African diversified resources company Exxaro Resources will invest 50% of its R20-billion coal capital expenditure programme over the next five years in the Waterberg area. The R10-million investment is a milestone, as it comes at a time when the mining sector is not investing in projects.... 

R20bn Swazi Rail Link being prepared for presentation to investors before year-end 

By: Terence Creamer     12th October 2017 An expression of interest (EoI) for the R20-billion crossborder Swazi Rail Link infrastructure project between South Africa and Swaziland will be released to potential investors before the end of 2017, South Africa’s Transnet Freight Rail (TFR) and Swaziland Rail confirmed on Thursday. The 150 km... 

Exxaro sells Tronox shares for R6.5bn

By: Martin Creamer     11th October 2017 Diversified mining company Exxaro Resources has completed the sale of a portion of its shareholding in American mineral sands company Tronox for R6.5-billion. Exxaro, headed by CEO Mxolisi Mgojo, said on Wednesday that it had raised $474-million from the sale of 22 425 000 class A ordinary shares... 

Specialist Knowledge Meets Innovation

     10th October 2017 Local Engineering And Construction Company Develops Unique Formwork Solution For Dome Structures Durban-based engineering company, NOVARC, has developed a safe, fast and cost-effective formwork solution for concrete dome structures and reservoirs. 

Metso’s Vereeniging factory celebrates 60 years of service  

By: Ilan Solomons     6th October 2017 This year marks 60 years since global engineering and technology corporation Metso's factory in Vereeniging was established. The factory became part of the Metso group in 1970 and has played "a crucial role" not only in the South African, but also the African mining industry. 

ANC will heed Joburg Indaba call for removal of Minerals Minister – Mkhize 

By: Martin Creamer     4th October 2017 The majority call by the Joburg Indaba for the government to replace Mineral Resources Minister Mosebenzi Zwane with a new Minister would be communicated to the African National Congress (ANC), which was committed to facilitating an enabling environment for the South African mining industry, ANC... 

Exxaro, Transnet ink ten-year coal transportation agreement

By: Anine Kilian     3rd October 2017 South African diversified resources company Exxaro Resources has signed a ten-year coal export transportation agreement with State-owned rail utility Transnet, which will increase coal volumes from the Limpopo-based Waterberg region to the Richards Bay Coal Terminal (RBCT), in KwaZulu-Natal,... 

Exxaro begins Tronox sell-off

By: Martin Creamer     3rd October 2017 Diversified mining company Exxaro Resources on Tuesday commenced the sell-off of a portion of the shares it holds in US mineral sands mining company Tronox. The JSE-listed Exxaro, headed by CEO Mxolisi Mgojo, is monetising its Tronox stake to focus on its core activities as well as provide... 

Metalworkers to intensify wage strike at South32 smelter in South Africa

By: African News Agency      2nd October 2017 The National Union of Metalworkers of South Africa (Numsa) on Monday vowed to intensify the strike against Australian miner South32 in Richards Bay, KwaZulu-Natal, after a marathon negotiation session to resolve the strike was deadlocked. The global mining company has an aluminium smelter in... 

Rail company unlocking coal export potential

     22nd September 2017 According to South African rail, port and pipeline company Transnet, increasing rail capacity in South Africa is critical for unlocking coal export opportunities, both for neighbouring African countries and for the domestic market. The rail utility discussed its approach to increasing rail... 

Metso showcases ongoing commitment to servicing South African mining sector 

By: Ilan Solomons     13th September 2017 This year marks 60 years since global engineering and technology corporation Metso's factory in Vereeniging was established. The factory became part of the Metso group in 1970 and has played "a crucial role" not only in the South African, but also the African mining industry. 

Assore posts record headline earnings

By: Ilan Solomons     8th September 2017 Mining investment holding company Assore achieved a 199% increase in headline earnings to R5.2-billion for the financial year to June 30, compared with R1.7-billion in the previous year. Attributable earnings amounted to R5-billion, which was an improvement of 226% from 2016, which was also a... 

Cost-effective workforce housing supplied to support major oil refinery shutdown

     6th September 2017 Whilst South Africa is heavily dependent on petroleum products to keep the economy running, major refineries need to periodically suspend or circumvent crude oil production to conduct routine maintenance, renovations and repairs. Kwikspace Modular Buildings (Kwikspace) – a leading manufacturer of... 

Assore posts record headline earnings of R5.2bn as commodity prices rebound

By: Ilan Solomons     30th August 2017 Mining investment holding company Assore achieved a 199% increase in headline earnings to R5.2-billion for the financial year to June 30, compared with R1.7-billion in the previous year. Attributable earnings amounted to R5-billion, which was an improvement of 226% from 2016, which was also a... 

Embattled Buffalo Coal relies on seventh renegotiation with Investec

By: Samantha Herbst     24th August 2017 The survival of South Africa-focused coal miner Buffalo Coal depends on the outcome of the seventh amendment to the company’s term loan and revolving credit agreement with specialist banker and asset management firm Investec, which is currently being negotiated. Despite having implemented various... 

World treaty to ban and reduce mercury poison comes into force 

By: News24Wire      17th August 2017 It is rated as one of the top ten chemical poisons endangering human health and the natural world. Tiny drops of this poison can be found in human teeth, in fresh fish, in light bulbs, paints, batteries and even cosmetics. And it is in the air, water and soil everywhere, in varying amounts. 

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