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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. 

Solidarity warns of ‘major impact’ should AMSA proceed with job cuts

By: Terence Creamer     16th August 2017 Trade union Solidarity has confirmed receipt of a Section 189A retrenchment notice from steel producer ArcelorMittal South Africa (AMSA) and has indicated that it will enter negotiations with the company to ensure alternatives to retrenchments are considered. On Tuesday, AMSA announced that it... 

Service provider encourages development

By: Nica Schreuder     4th August 2017 Hard work, practical experience and knowing the industry are key factors needed to succeed as a woman in the mining sector, 24-year-old workshop technician at specialist safety and monitoring solutions provider Monitech Zukiswa Mkhulisi tells Mining Weekly. “Do well and prove your worth. It is... 

More cost cutting as local steel demand still dim

     28th July 2017 To mitigate some of the negative impact of a worse-than-expected performance in the first quarter of the year, South Africa’s largest steel producer ArcelorMittal South Africa (AMSA) is implementing further cost cutting and efficiency measures. This will also include a review of the long steel... 

Buffalo Coal in push to slash debt and improve safety and operational efficiency

By: Ilan Solomons     21st July 2017 South African bituminous and anthracite coal miner Buffalo Coal is determined to repay all its debt and continue to improve safety standards, while improving overall operating capability to ensure its operations become optimally efficient, says interim CEO Rowan Karstel, who was speaking to... 

Buffalo Coal in push to slash debt and improve safety and operational efficiency

By: Ilan Solomons     21st July 2017 South African bituminous and anthracite coal miner Buffalo Coal is determined to repay all its debts and continue to improve safety standards while improving overall operating capacities to ensure its operations become optimally efficient, says interim CEO Rowan Karstel, who was speaking with... 

Zululand Anthracite Colliery unveils new 50 t/h wash plant

By: Ilan Solomons     21st July 2017 Investment company Menar Holding’s Zululand Anthracite Colliery (ZAC), near the town of Ulundi commissioned its new wash plant, last month. The new coal processing plant has 50 t/h processing capacity and is expected to wash three-million tons of discard material over the course of the next five... 

Metso renovating KZN foundry to meet growing mining-sector demand

By: Dylan Slater     14th July 2017 Industrial company servicing the mining industry Metso is investing €3.5-million in crusher wear parts manufacturing in Africa by renovating a second melting furnace at the Isithebe foundry, in KwaZulu-Natal to meet growing demand from the mining industry for such components.  

Coal export line shuts for planned maintenance

By: Creamer Media Reporter      12th July 2017 Transnet Freight Rail (TFR) has confirmed that the export coal line from Ermelo, in Mpumalanga, to the Richards Bay Coal Terminal (RBCT), in KwaZulu-Natal, was closed for its yearly maintenance shutdown on Tuesday, July 11 and will remain closed for planned maintenance until Monday, July 17. The... 

R16bn Swazilink rail project being prepared for release as a PPP

By: Terence Creamer     10th July 2017 Southern African railways utilities Transnet and Swaziland Railways have agreed to package the 146-km ‘Swazilink’ greenfield line between Lothair, in South Africa, and Sidvokodvo, in Swaziland, as a public-private partnership (PPP) and may release an international tender for a 20- to 25-year... 

COAL COMBINATION

By: Ilan Solomons     7th July 2017 TSX-and-JSE-listed bituminous and anthracite coal miner Buffalo Coal produces high-quality thermal and metallurgical coal from its operations, which are based near the town of Dundee, in KwaZulu-Natal. Mining Weekly recently visited the company’s Magdalena thermal coal colliery and Aviemore... 

Diverse footprint keeps orders coming in during downturn 

By: Victor Moolman     7th July 2017 The wide geographic spread of Barloworld Equipment, the South African distributor of US-based construction equipment manufacturer Caterpillar’s products, insulates it from the effects of mining cycles that may challenge the sustainability of some of its competitors. 

Siya Mathonsi

By: Martin Creamer     7th July 2017 This week we feature Siya Mathonsi, the engineering manager of Zulu Anthracite Colliery, a company that mines and beneficiates anthracite coal  

Transnet suspends operations on Richards Bay coal line

By: Megan van Wyngaardt     6th July 2017 Operations along Transnet’s Richards Bay coal line (RBCL) have been suspended, owing to ongoing violent community protests across KwaZulu-Natal. The State-owned company on Thursday said the step was taken to curb potential losses to the local economy, with Transnet working closely with customers... 

Agri SA says will not support fracking as set out under current legislation  

By: Anine Kilian     5th July 2017 Agricultural industry association Agri SA says it cannot support government’s continued pursuit of hydraulic fracturing (fracking). Addressing media at a briefing in Centurion, on Wednesday, Agri SA president Johannes Möller said there were still uncertainties with respect to water supply and... 

Multidisciplinary mining company says market is challenging

By: Simone Liedtke     23rd June 2017 With the general depletion of natural sand reserves around South Africa, especially within large cities, multidisciplinary materials openpit mining company Afrimat has invested in sand producing plants – especially in Gauteng – to produce high-quality concrete sands to ensure higher concrete... 

New Mining Charter a catalyst for more inclusive economy, says Zwane

By: African News Agency      22nd June 2017 Mineral Resources Minister Mosebenzi Zwane has said the controversial 2017 Mining Charter gazetted last week was meant to be a catalyst that provides practical expression to the country’s goal of a more inclusive economy. “We encourage the young people who are the future of this country to... 

CoAL’s bid for Uitkomst gets shareholder thumbs up

By: Natasha Odendaal     15th June 2017 The shareholders of triple-listed Coal of Africa Limited (CoAL) on Thursday gave the green light for the coal junior’s buyout of Pan African Resources Coal Holdings, which owns the Uitkomst colliery, from JSE-listed Pan African Resources. Following a general meeting on Thursday, all resolutions... 

CoAL awaits shareholder approval on Uitkomst deal

By: Esmarie Swanepoel     12th June 2017 The shareholders of ASX-, Aim- and JSE-listed Coal of Africa Limited (CoAL) will meet on June 15 to vote on the acquisition of the Uitkomst colliery from South Africa’s Pan African Resources Coal holdings. The two companies in April signed a R275-million deal that would see CoAL acquire Pan... 

Competition Commission approves CoAL’s buyout of Uitkomst colliery

By: Megan van Wyngaardt     7th June 2017 The Competition Commission has approved triple-listed Coal of Africa Limited’s (CoAL’s) acquisition of Pan African Resources Coal Holdings, which owns 91% of the 50 000 t/m Uitkomst colliery, in KwaZulu-Natal. The acquisition was approved without conditions. 

Gold mine reopens using ex-illegal zama-zamas as workforce

By: Martin Creamer     5th June 2017 Gold mining company Birrell Mining International has reopened the recently acquired Bosveld Mining’s Klipwal Gold Mine in KwaZulu-Natal, the company said on Monday.   Birrell completed the purchase of Bosveld Mines from Stonewall Mining earlier this year, after having been responsible for the... 

Acacia Coal applies for licence transfer of RAC project

By: Natasha Odendaal     2nd June 2017 ASX-listed Acacia Coal has lodged an application to have the key project licences of the Riversdale anthracite colliery (RAC) project, in KwaZulu-Natal, transferred to it from project vendor Rio Tinto. The application, under Section 11 of the Mineral and Petroleum Resources Development Act, had... 

Intermodal terminals benefit emerging smaller players

By: Robyn Wilkinson     2nd June 2017 Market response to the newly established intermodal terminals in Elandsfontein, Gauteng, and Musina, Limpopo has been positive; however, industry still perceives the use of rail as a challenge. 

Miranda Mineral Holdings to sell noncore Sesikhona Klipbrand colliery

By: Megan van Wyngaardt     25th May 2017 JSE-listed Miranda Mineral Holdings, together with its wholly-owned subsidiary Miranda Coal, will sell its 73% shareholding in Sesikhona Klipbrand colliery, in KwaZulu-Natal, to Osho SA Coal for R5-million, payable in two tranches. The parties are currently involved in litigation arising from the... 

Resources Watch  

     25th May 2017 Implats trial of safety packed drill rig imminent; KZN coal mine supplying communities’ water needs and mulls output expansion; And, Golden Arrow, Silver Standard JV ‘a match made in heaven’ as explorer turns producer 

Mgojo elected president as chamber heads for new beginning, new name, rebranding

By: Martin Creamer     24th May 2017 It is an organisation that is more relevant today than it has ever been in its 128-year history. Its role is so much more than mining. It operates in a changing environment and needs to contemplate its own new identity and name. 

KZN coal mine supplying communities’ water needs and more, mulls output expansion 

By: Ilan Solomons     19th May 2017 The Zululand region of KwaZulu-Natal was afflicted by what the Department of Water and Sanitation described as the “worst drought in a century” in 2016 and is still one of the water-scarce areas of the country. Helping neighbouring communities survive this disaster, investment company Menar... 

KZN coal mine supplying communities’ water needs and more, mulls output expansion 

By: Ilan Solomons     19th May 2017 The Zululand region of KwaZulu-Natal was afflicted by what the Department of Water and Sanitation described as the “worst drought in a century” in 2016 and is still a water scarce area of the country. Helping neighbouring communities survive this disaster, investment company Menar Holding’s... 

Despite navigating murky waters, coal junior Buffalo swings back into the black as coal prices rise

By: Henry Lazenby     12th May 2017 Dual-listed, high-quality coal producer Buffalo Coal has swung back to profit for the first three months of 2017, boosted by improving demand for its anthracite and bituminous coal. The Johannesburg-based junior public company, with listings on the TSX-V and the JSE’s AltX exchanges and... 

Opencast mine equipment relocation method saves costs, time

By: Simone Liedtke     12th May 2017 By loading, transporting and offloading draglines for opencast mining clients in one piece, global engineered heavy lifting and transportation specialist Mammoet is driving project feasibility by saving its clients time and money. 

CoAL making progress to re-enter market as coal producer – Brown

By: Anine Kilian     28th April 2017 Triple-listed Coal of Africa Limited (CoAL) is making good progress in re-entering the market as a coal producer, CEO David Brown said in a quarterly update to shareholders on Friday. The company earlier this month announced that it would buy Pan African Resources’ Pan African Resources Coal... 

Firm develops compensation framework for KZN mining-affected community

By: David Oliveira     28th April 2017 A complicated dispute over compensation for land damages has led to the development of a compensation framework aimed at strengthening trust between a mining company and the affected community at a mining operation in KwaZulu-Natal. While the framework was developed to address this specific... 

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