http://www.miningweekly.com
R/€ = 16.34 Change: -0.18
R/$ = 14.42 Change: -0.18
Au 1190.28 $/oz Change: -4.64
Pt 796.00 $/oz Change: -9.07
 

Topic

Randgold looking across the Atlantic

By: Martin Creamer     10th August 2018 African gold mining company Randgold Resources is looking across the Atlantic along the northern edge of South America, which effectively hosts the same geology as West Africa, where the London-listed company has its biggest gold-mining base. This is in addition to intensifying exploration... 

Australian gold exploration progressing

By: Donald Makhafola     10th August 2018 Exploration and development company West Wits Mining’s (WWI’s) Australian projects, which show similarity to South Africa’s Witwatersrand (Wits) gold deposits, plans to leverage its geology team’s experience of South Africa’s Wits basin to rapidly understand the geology of its two Pilbara assets... 

Department of Mineral Resources entering the fray to stop mining companies from closing mines

By: Martin Creamer     10th August 2018 The new Department of Minerals Resources (DMR) is showing a strong tendency to resist companies that apply to shut mines or put mine shafts on care and maintenance. The DMR is advocating applying Section 52 of the Minerals and Petroleum Resources Development Act ahead of the labour-reducing... 

Sitatunga Resources hopes to create jobs at newly acquired colliery

By: Anine Kilian     8th August 2018 Exploration and mining project development company Sitatunga Resources, which has bought Wescoal’s coal assets near Newcastle, KwaZulu-Natal, believes its investment in the Braakfontein Colliery will create much-needed jobs in the area. Braakfontein Colliery is an advanced-stage exploration... 

Universal's A$18.6m deal advances

By: Esmarie Swanepoel     8th August 2018 The South African Department of Mineral Resources (DMR) has given ASX-listed Universal Coal approval for the transfer of ownership of the Glisa and Eerstelingsfontein mining rights. Universal, through a 49%-owned subsidiary North Block Complex Proprietary (NBC), in March entered into an... 

Vedanta delivers strong Q1 Ebitda

By: Simone Liedtke     6th August 2018 Diversified miner Vedanta Resources on Monday announced that it had delivered strong earnings before interest, taxes, depreciation and amortisation (Ebitda) and drove steady margins in the first quarter of the 2019 financial year, which ended on June 30. The margins, the miner highlighted, were... 

Further progress required in gender transformation

By: Tasneem Bulbulia     3rd August 2018 The mining industry has made major strides as an equal opportunity employer, and is not as bad as some people perceive it to be, with a number of opportunities available for women through employment opportunities and training and development, says diversified natural resource company Glencore... 

Voorspoed diamond mine to close after search for bidder fails 

By: Martin Creamer     31st July 2018 The Voorspoed diamond mine in the Free State is scheduled to close by year-end if the Department of Mineral Resources (DMR) is unable to secure, in the next 30 days, a suitable bid that will set the seal on the employment and community support that this Kroonstad-area mine provides. The decision... 

First tin concentrate to market in Q4 – AfriTin 

By: Martin Creamer     30th July 2018 Emerging tin mining company AfriTin is on track to place its first tin concentrate into the market in the fourth quarter of this year. The Aim-listed company is going all out to put Africa, once the fourth-biggest exporter of tin but now without an industrial-scale mine, back on the global tin... 

BME expands into US market

By: Nadine James     27th July 2018 South African explosives leader BME has further enhanced its international footprint by supplying its market leading AXXIS electronic detonators to customers in the US. In a statement last week, BME MD Joe Keenan noted that the company is already active with shipments of AXXIS detonators to... 

West Wits breathes life into old gold mine

By: Marleny Arnoldi     26th July 2018 ASX-listed exploration and development company West Wits Mining is reinvigorating the goldfield known as the Witwatersrand basin, near Roodepoort, which has a revised Joint Ore Reserves Committee-compliant mineral resource estimate of 3.67-million ounces of gold. The company has restarted openpit... 

Karo officially launches Zimbabwe platinum project

By: Anine Kilian     24th July 2018 Zimbabwe and platinum producer Karo Platinum on Tuesday officially launched the Karo platinum project, in Chegutu, Zimbabwe.  “We are excited about partnering with Zimbabwe and its people in building a long-term and sustainable business. Zimbabwe has an extraordinary metal and mineral endowment... 

New mining fund raising R750m to co-finance ancillary mine projects 

By: Martin Creamer     16th July 2018 In an economic environment of tight capital allocation and bank pull back from mining finance, the new tax-incentivised CCP 12J Mining Fund is going all out to raise R750-million for co-investment in ancillary project opportunities on existing mine sites. On the list of targeted project... 

Manufacturer to launch new excavator

By: Melissa Zisengwe     6th July 2018 Heavy machinery manufacturer SANY will launch the new 75 t SY750 excavator this month for the local mining industry, having first launched the excavator onto the global market in 2017. According to SANY, the new excavator will be the first of its kind in South Africa. The excavator, primarily... 

Hwange of Zimbabwe coal output to surge on underground mining

By: Bloomberg     2nd July 2018 Hwange Colliery Co expects to boost underground coal production five-fold this month when it restarts operations after a two-year hiatus, a company official said. The resumption will help the loss-making company tap more lucrative deposits of coking coal, used to make steel, as it seeks to... 

Wescoal sells Intibane collieries

By: Simone Liedtke     28th June 2018 Coal miner Wescoal has entered into sale agreements with Tokata Resources and Banjosign to dispose of its Intibane 1 and Intibane 2 collieries, in Mpumalanga. The disposal will become effective on or about July 1. 

India’s SCCL to get new coal blocks, foray into new business verticals

By: Ajoy K Das     26th June 2018 Government miner Singareni Collieries Company Limited (SCCL) has adopted a twin-pronged expansion strategy to take its coal mining operations beyond its present southern Indian geographical boundaries and at the same time add new business verticals of ‘manufactured sand’ production and solar... 

Skills needed in local quarrying industry

By: Erin Steenhoff-Snethlage     22nd June 2018 The surface mining association, Aspasa, raised awareness about skills shortages in the local opencast mining and quarrying profession through a presentation delivered to an international audience of peers at the Global Aggregates Information Network (Gain) conference, in Spain, last month. Skills... 

High Court lifts interim order against MC Mining's Makhado project

By: African News Agency      18th June 2018 MC Mining, previously known as Coal of Africa, on Monday said it welcomed a high court decision to lift an interim order against the company's environmental authorisation for the Makhado hard coking and thermal coal project. The court had in 2014 granted the Vhembe Mineral Stakeholders Forum and... 

Botswana coal miner sees opportunity in regional shortages

By: Bloomberg     11th June 2018 Botswana’s sole operating coal mine will increase output almost threefold within seven years as it eyes export opportunities created by a shortage of the fuel that’s used to fire most of southern Africa’s power plants. Morupule Coal Mine in the east of the country will ramp up annual production... 

SOUTH AFRICA'S BIGGEST IRON-ORE MINE:

By: Martin Creamer     8th June 2018 This opencast Sishen iron-ore mine in the Northern Cape, which is operated by the Anglo American-controlled Kumba Iron Ore, is the biggest iron-ore operation in South Africa. The Johannesburg Stock Exchange-listed Kumba hopes to extend Sishen’s life-of-mine beyond its remaining 13 years through... 

Commission approves NBC, ECM merger without conditions

By: Simone Liedtke     30th May 2018 The Competition Commission has approved the proposed transaction, whereby newly-incorporated company North Block Complex (NBC) intends to acquire Exxaro Coal Mpumalanga (ECM) in respect of its mining and processing business, the transferred business, without conditions. The transferred business,... 

Miners halt dividend payouts, stay-in-business capex as price languishes in the doldrums

By: Natasha Odendaal     25th May 2018 The once burgeoning platinum industry that in the recent past benefited from a years-long upswing in commodity demand and prices is now failing to recover from the global economic depression that heralded the end of its glory days and shut many smaller operators down. In the wake of the 2008... 

Miners halt dividend payouts, stay-in-business capex as price languishes in the doldrums

By: Natasha Odendaal     25th May 2018 The once burgeoning platinum industry that in the recent past benefited from a years-long upswing in commodity demand and prices is now failing to recover from the global economic depression that heralded the end of its glory days and shut many smaller operators down. In the wake of the 2008... 

African Sun Mining pursues opportunities at Junior Indaba

By: Donald Makhafola     25th May 2018 Owing to the current high prices of commodities, wholly black-owned, Pretoria-based opencast mining contractor African Sun Mining hopes to liaise with mining companies, which are prepared to start new projects, during this year’s Junior Indaba to be held from June 5 to 6 at the Johannesburg... 

'CLEAN' COAL?:

By: Martin Creamer     25th May 2018 Water pours from an excavator bucket as coal is extracted from below the water's surface at an opencast mine in India. Taken four years ago, this picture of drenched coal arising out of a water-filled pit is indicative of the potential environmental mixing and matching that can occur with mining.... 

Comprehensive package facilitates fugitive dust management

By: Tasneem Bulbulia     18th May 2018 Fugitive dust emissions pose risks to mining companies, surrounding communities and the receiving environment, and require proper management to mitigate their effects, and environmental management company I-CAT is well poised to do so through its comprehensive solution offering. I-CAT... 

Communities oppose West Wits gold project

By: Nadine James     18th May 2018 ASX-listed exploration and development company West Wits Mining’s South African subsidiary West Wits Mining MLI (West Wits MLI) is facing resistance from some of the affected communities surrounding the West Wits Mining Project (WWMP), located west of the Johannesburg Central Business District... 

Company moves to introduce new haulers for mining industry

11th May 2018 Engineering support services company Babcock is preparing to introduce a new line-up of rigid haulers into the mining, opencast and quarrying sector in Southern Africa. The new line-up follows vehicle manufacturer Volvo Construction Equipment’s (Volvo CE’s) announcement earlier this year that it... 

Machine purchase increases fleet, strengthens partnership

11th May 2018 Last month equipment supplier Epiroc delivered three FlexiROC D65 surface drill rigs to Northern Cape-based drilling specialists Booysen Bore. The delivery has increased Booysen Bore’s total drilling machine fleet to 51, while the addition of the new machines has strengthened the relationship... 

Exploration company claims Botswana coal mines to become preferred supplier

11th May 2018 Botswana is set to play a more significant role in both the domestic and African coal industries, says coal exploration and emerging coal mining company Minergy, claiming that the company is ideally placed to become the preferred supplier to coal consumers across Southern Africa. The company... 

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... 

Autonomous mining vehicle test at SA coal mine successfully completed

By: Victor Moolman     11th May 2018 A global truck manufacturer in cooperation with multinational networking systems provider Cisco, has successfully completed a proof of concept (PoC) for autonomous mining trucks at an opencast coal mine in South Africa. Speaking at an In2IT networking event in Sandton, Johannesburg, Cisco... 

New opencast mining monitoring products introduced

11th May 2018 Mining equipment manufacturer and geotechnical slope stability monitoring radar systems supplier Reutech Mining introduced two new products, the Slope Vision georeferenced camera system and Movement and the Surveying Radar (MSR) Connect software suite, at the Slope Stability 2018 symposium and... 

Ethiopia suspends gold mining firm's licence after weeks of protests

By: Reuters     10th May 2018 Ethiopia has suspended a gold mining firm's licence after weeks of protests in a town near the mine by local people who accuse the company of polluting their source of water and the atmosphere, a government official said. "The ministry suspended the licence in response to the demands of the... 

Feasibility into zinc smelting, refining in Northern Cape

By: Martin Creamer     2nd May 2018 A feasibility study into the development and construction of a zinc smelter-refinery complex in the Northern Cape is under way, London-listed India-based Vedanta subsidiary Vedanta Zinc International (VZI) said on Wednesday. This is the latest step in the unfolding of what is envisaged as a major... 

Yanfolila ramp-up sees 9 912 oz of gold poured in March

By: Schalk Burger     30th April 2018 Aim-listed West African gold producer Hummingbird Resources has successfully ramped up gold production at its opencast Yanfolila mine and plant, in Mali, with 9 912 oz poured in March. The Yanfolila project produced 18 785 oz of gold in the quarter ended March 31, with the mine and plant... 

Concor targets larger share of infrastructure market as part of big growth push

By: Terence Creamer     30th April 2018 Wholly black-owned construction group Concor, which marked its first year of operations in April, is aiming to materially increase its share of the public infrastructure market as part of an ambitious plan to increase its order book to R10-billion by 2020. The company, which has a Level 1... 

First
Prev
1
2 3 4 5 6 7 8 9 Next Last

Latest News

more

Latest Videos

more

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Close