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High-flying Amplats sets ‘next wave of strategy’ in motion 

By: Martin Creamer     18th February 2019 Anglo American Platinum (Amplats), which shot the lights out with a set of stupendous cash-splurging, debt-negating, high-dividend-yielding 2018 results, on Monday set its “next new wave of strategy” in motion, which involves extracting the full potential from its operations through people and... 

Nevada like Witwatersrand of 1970s – Bristow 

By: Martin Creamer     15th February 2019 Nevada is like the Witwatersrand of the 1970s, says new Barrick Gold president and CEO Dr Mark Bristow, whose Randgold Resources is now merged into Barrick to form the world’s biggest gold mining company, which is also an extractor of copper, a metal that Bristow sees as “another gold”. The brand... 

Barrick advancing autonomous gold production – Bristow 

By: Martin Creamer     14th February 2019 Autonomous production systems and projects are being advanced across Barrick Gold as the group focuses on boosting mining efficiency, new Barrick president and CEO Dr Mark Bristow tells Mining Weekly Online. This is part of an all-out drive by Bristow to ensure that Barrick, into which Randgold... 

Bristow snaps into fast action wearing Barrick crown 

By: Martin Creamer     13th February 2019 Dr Mark Bristow has snapped into fast action wearing the Barrick crown. His Randgold Resources, which now falls under the Barrick Gold umbrella, on Wednesday bowed out with panache when it declared a 35% dividend increase to $2.69 a share, buoyed by record production of 807 000 oz of gold at the... 

Harmony exploring Target North, Kalgold 

By: Martin Creamer     12th February 2019 Harmony Gold is currently adjudicating a tender for the drilling of the Target North greenfield exploration project in the Free State and is engaged in near mine brownfield exploration at Kalgold in the North West. Harmony Gold CEO Peter Steenkamp on Tuesday described the Target North prospect as... 

Tharisa remains committed to Zim PGMs investment

By: Cameron Mackay     8th February 2019 Despite the turbulent political landscape in Zimbabwe currently, low-cost platinum group metals (PGMs) and chrome concentrate producer Tharisa Minerals remains fully committed to its Investment Project Framework Agreement with the Zimbabwe government. The agreement involves the establishment of a... 

EPA Survey 

7th February 2019 Eugene Pretorius & Associates (Pty) Ltd, or EPA Survey as it is commonly known, provides comprehensive mine survey and technical service to the mining industry. It was established in 1993 and today forms part of the Pretorius Group of Companies which provides opencast contract mining, exploration... 

De Beers to spend R30m on diamond exploration this year  

By: Martin Creamer     6th February 2019 De Beers Consolidated Mines (DBCM) will spend R30-million on greenfield diamond exploration in South Africa this year, DBCM MD Phillip Barton told Mining Weekly Online on the sidelines of the Investing in African Mining Indaba. This follows DBCM being granted 32 exploration licences across a... 

Exxaro upbeat about its coal operations 

By: Kim Cloete     1st February 2019 Empowered coal mining giant Exxaro Resources is confident about its prospects in the coal sector, despite tough conditions and rising cost pressures in South Africa. Exxaro executive head of coal Nombasa Tsengwa on Thursday said the company produced 47-million tons of coal and was geared to grow... 

India permits women to work in underground coal mines

By: Ajoy K Das     30th January 2019 India’s Labour Ministry has issued notifications amending rules that will now permit women to work in underground coal mines to ensure gender equality and open up greater job opportunities. The rules have been amended for women working in opencast coal mines too. Until now, women were permitted... 

HIGHLIGHTING THE HISTORICAL:

By: Martin Creamer     25th January 2019 Exploration and development company West Wits Mining last year highlighted historical gold workings such as this one, which were unearthed during renewed opencast activity in South Africa's renowned Witwatersrand basin. Opencast mining at levels no deeper than 400 m below surface are ongoing at... 

Optimum, Koornfontein preliminary business rescue plan to be submitted for creditor approval next week 

By: Marleny Arnoldi     16th January 2019 Legal adviser Bouwer van Niekerk expects to have a preliminary business rescue plan for Optimum Coal Mine and Koornfontein Mine submitted for creditor approval by the end of next week, he confirmed to Mining Weekly Online on Wednesday. The mines’ business rescue practitioners (BRPs) have been... 

Trapped Indian miners presumed dead

By: Ajoy K Das     15th January 2019 After more than a month, 15 illegal miners trapped in a coal mine in the north-eastern Indian state of Meghalaya are presumed to be dead even though the Supreme Court monitoring rescue operations said that “hunt must continue as miracles do happen”. On December 13, 15 miners were trapped 370 ft... 

BRPs to meet with Optimum, Koornfontein creditors to vote on proposed business rescue plans 

By: Simone Liedtke     10th January 2019 The joint business rescue practitioners (BRPs) of Optimum Coal Mine (OCM) and Koornfontein Mines (KFT) expect to convene meetings with creditors within the next few weeks to vote on the proposed business rescue plans for the mines. The meetings will take place once the BRPs have resolved... 

Bauba says High Court halts mining right grant to Samancor Chrome

By: Marleny Arnoldi     7th December 2018 JSE-listed Bauba Platinum on Friday informed its shareholders that the High Court, in Pretoria, had set aside the granting of a chrome-ore mining right to Samancor Chrome in respect of the farms Wintersveld, Jagdlust and Zeekoegat, owing to a lack of proper notice and consultation with interested... 

Difficulties continue for Afarak in Q3

By: Simone Liedtke     16th November 2018 Industry seasonal effects, coupled with some internal adversities, primarily in the ferro-alloys segment, continue to make this a difficult year for specialty alloys producer Afarak. During the company’s third-quarter period, ended September 30, the benchmark price for ferrochrome fell further,... 

DMR gives the green light for Afarak’s Zeerust chrome mine

By: Marleny Arnoldi     26th October 2018 Aim-listed Afarak Group has been granted a Section 11 approval for its Zeerust chrome mine, by the Department of Mineral Resources (DMR), and preparations are under way to start operations during the fourth quarter. The Section 11 approval allows Afarak to start mining and to secure an... 

Volvo launches new 95 t rigid hauler for coal, bulk commodities industries

By: Schalk Burger     26th October 2018 Earthmoving equipment manufacturer Volvo Construction Equipment on Thursday launched a new 95 t rigid hauler for the coal and bulk commodities industries in Southern Africa. Its local partner, construction equipment company Babcock Equipment, would provide the support and services for the... 

Surface-mining opportunities lie in market-related commodities

By: Jessica Oosthuizen     26th October 2018 Johannesburg-based mining equipment distributor Vermeer Equipment Suppliers is starting to focus on certain market-related commodities and associated opencast mines to market its Surface Miner surface excavation machines, says mining and pipeline sales segment manager Gareth Cramond. The... 

Last of four mines to be completed

By: Halima Frost     26th October 2018 Petrochemicals and chemicals company Sasol forecasts it will complete the 10.5-million-ton-a-year Impumelelo colliery - formerly known as the Brandspruit mine - replacement project by June next year. The project involves the construction of a new 8.5-million-ton-a-year coal mine, which is... 

Reutech Mining plans to expand product range

By: Jessica Oosthuizen     26th October 2018 Mining technology and geotechnical slope-stability-monitoring radar systems supplier Reutech Mining plans to expand its product range in 2019, says executive manager Jan de Beer. The company provides equipment that can assist in real-time monitoring of the mine walls in opencast mines to provide... 

Change management crucial for automation

By: Jessica Oosthuizen     26th October 2018 There is a need for effective change management in the opencast mining industry to assist clients in adapting to new technologies and technological capabilities, says equipment supplier Epiroc surface and exploration drilling business line manager Hedley Birnie. “Challenges facing the South... 

New lease on life for Leeuwpan

26th October 2018 Diversified miner Exxaro Resources’ Leeuwpan opencast coal mine, in Mpumalanga, was at risk of running out of coal, until last month a new road gave it access to coal reserves. “Leeuwpan needed to develop an area where it could mine another 5.1-million tons a year to extend its life by a further... 

Rio Tinto and partners to invest $1.5bn in Pilbara

26th October 2018 Diversified mining company Rio Tinto and its Pilbara joint venture (JV) partners Japanese group Mitsui and steel producer Nippon Steel & Sumitomo Metal have approved a $1.55-billion investment to sustain production capacity at two iron-ore projects that form part of the Robe River JV, in Western... 

Surface miners drive up savings in coal mining

26th October 2018 Mine operators have been increasingly turning to an alternative to conventional rip-and-stack or drill-and-blast coal mining – the use of surface miners. Diverse studies and tests show that surface miners offer considerable advantages in terms of both economic efficiency and the final product. 

South32 foresees short-term volatility, but long-term growth, sustainability 

By: Schalk Burger     25th October 2018 Diversified mining and metals company South32 on Thursday forecast short-term price volatility for the commodities it produces, but also highlighted its strong cash position and its work to further optimise its global portfolio of assets. In a speech delivered at the company’s 2018 annual general... 

OPENCAST MINE EVOKES PROTEST

By: Martin Creamer     19th October 2018 An aerial view of the Hambach opencast lignite mine near the German town of Kerpen-Buir, west of Cologne, which protesting activists say threatens the Hambach forest, the home to a number of endangered species. Cries of protest erupted in the Cologne Administrative Court earlier this month after... 

Berkeley plunges on Spain permit uncertainty

By: Mariaan Webb     17th October 2018 The stock of triple listed Berkeley Energia plunged on Wednesday, after news reports that the Spanish government has decided not to issue the permits needed for its Salamanca uranium mine. Berkley, which on Monday alerted investors to a delay in receiving an urbanisation licence, traded nearly... 

Chile's State copper firm outlines lifeline plan for Salvador mine

By: Reuters     17th October 2018 Chile's State copper miner, Codelco, has submitted an environmental impact assessment of its plans to overhaul its aging Salvador deposit that would sharply increase its production and extend its life by 40 years. The Rajo Inca project would convert the existing mine, which has been in operation... 

Indian State miners to form JV for power projects

By: Ajoy K Das     10th October 2018 Two of India’s largest State-run miners, Coal India Limited (CIL) and NLC Limited (formerly Neyveli Lignite Corporation Limited), have announced a joint venture (JV) to combine their respective strengths to implement thermal and renewable energy projects. According to mandatory filing with the... 

Platinum, gold CEOs say it’s time to bring curtain down on SA’s deep level mining

5th October 2018 By Brendan Ryan – Miningmx The era of deep-level gold and platinum mining in South Africa, which is the world leader in these fields, is drawing to a close with no more deep-level shafts likely to be sunk. 

Zimplats held up as mine safety benchmark at Joburg Indaba

By: Martin Creamer     4th October 2018 Zimplats platinum mine in Zimbabwe was held up as a safety benchmark at the Joburg Indaba, which on Thursday observed a minute’s silence for mining colleagues fatally injured at work. Opening the second day of the well-attended event, Gold Fields, Kumba Iron Ore and AfriTin director Terence... 

South African, global mining industry facing risks – PwC

By: Marleny Arnoldi     3rd October 2018 The challenges facing the local mining industry this year are comparable to those facing the global mining industry, PwC Southern Africa CEO Dion Shango said on the first day of the Joburg Indaba, on Wednesday. He said said there is a strong correlation between the market capitalisation of... 

Aveng reports strong market interest in most of its noncore assets 

By: Terence Creamer     26th September 2018 Following a series of capital markets transactions, which have helped stabilise Aveng’s precarious balance sheet, the JSE-listed infrastructure group has turned its attention to the disposal, by June 2019, of several noncore businesses, including its well-known construction business,... 

Harmony Gold shows off growing portfolio quality in Denver

By: Martin Creamer     26th September 2018 Harmony Gold’s Moab Khotsong mine in South Africa and Hidden Valley mine in Papua New Guinea will together produce a third of the guided 1.5-million ounces in the 12 months to end June, with the projected 500 000 oz from these two operations being produced at an all-in sustaining cost of $950/oz,... 

750 t SANY excavator expected to be a big hitter in the mining industry

21st September 2018 What is believed to be the largest excavator in Africa has been launched by Goscor Earth Moving (GEM), part of the Goscor Group, and official distributor of SANY. The SY750 is a primary loading tool for the mining industry, from opencast to alluvial diamond mining. The 750 t excavator is ideal to... 

Versatile spin filters extend machinery, equipment life

By: Nadine James     21st September 2018 A compressor exposed to abrasive dust, such as those used in mining environments, could become increasingly inefficient and fail internal damage caused by clogged and compromised intake filters, notes RTS Africa Engineering MD Ian Fraser. Additionally, opencast mine dust frequently enters... 

Minergy lauds Botswana regulatory authorities

By: Martin Creamer     20th September 2018 Minergy CEO Andre Bojé is full of praise for Botswana’s regulatory authorities, who he says use legislation to assist mining investment. Minergy, which is listed on the Botswana Stock Exchange, has begun work on its maiden 390-million-tonne Masama, located in the Mmamabula coalfield, 50 km north... 

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