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Topic

Fluor opens office in Botswana as it expands footprint

By: David Oliveira     20th November 2015 Engineering construction company Flour Corporation last month launched its new office in Gaborone, Botswana, with Botswana Chamber of Mines CEO Charles Siwawa, among other dignitaries and business leader, in attendance. The new office will serve as the company’s operations base to expand and... 

Cullinan House up for sale

By: Jade Davenport     13th November 2015 Having bequeathed his name to the world’s largest gem-quality diamond ever discovered, it was inevitable that Sir Thomas Cullinan’s enduring legacy would be most closely associated with South African diamond mining and, more particularly, the 3 106 ct Cullinan diamond. In fact, it was precisely... 

Diamond developer to submit mining licence application

By: Mia Breytenbach     6th November 2015 Despite the current lack of an active diamond mining industry in West Africa, the effects of political instability and the impact of the Ebola outbreak in the past year, London-listed diamond company Stellar Diamonds remains committed to bringing its key diamond projects there into operation in... 

Process Pipe

6th November 2015 With 46 years of expertise in the pipes field, wholesale carbon- and mild-steel pipes, fittings and flanges wholesaler Process Pipe has established a national footprint in South Africa, with branches in Sebenza, Johannesburg; Jacobs, Durban; and Bellville South and Montague Gardens, Cape Town.... 

Development delays at Lace mine to hit 2016 Q1 cash flow

By: Natalie Greve     3rd November 2015 South African diamond asset developer DiamondCorp continues to advance development at the Lace diamond mine, in the Free State, with work on the Upper K4 (UK4) block focused on preparing the 310 m production level for production ramp-up by the end of the year. The company said in an update on... 

Stellar raises funds to complete Tongo mining licence application

By: Megan van Wyngaardt     2nd November 2015 Aim-listed Stellar Diamonds has entered into a conditional convertible loan agreement with investment company Deutsche Balaton to raise $1.65-million through the issue of new convertible loan notes. The proceeds of the convertible loan notes, as well as a subscription for new ordinary shares,... 

Hydra-Arc

27th October 2015 Hydra-Arc, initially established in 1987 to source and supply welding and maintenance skills for Sasol shutdowns, has now established Sky-Hill Heavy Engineering, a facility for the fabrication of pressure vessels, heat exchangers, piping spools, structural steel and mechanical installations. SA... 

Diamond miner announces positive study results for kimberlite project

23rd October 2015 Aim-listed diamond development company Paragon Diamonds last month said that the results of two independent studies carried out by mining consultancy The MSA Group on the Mothae kimberlite project, in Lesotho, which Paragon is in the process of acquiring, exceeded management’s expectations. MD... 

On-The-Air (09/10/2015)  

By: Creamer Media Reporter      9th October 2015 Analysts warned this week that South Africa’s Kumba Iron Ore would be the first big iron-ore miner to crash out of the global iron-ore market. Concern is growing that the low coal price will scuttle the rigid take-or-pay arrangements that Transnet has with coal exporters. The City of... 

VW debacle unlikely to hit platinum hard – Sibanye

By: Martin Creamer     7th October 2015 Precious metals mining company Sibanye, which is bulking up on platinum, does not expect a consumer backlash against diesel vehicles, which are major platinum users. JSE- and NYSE-listed Sibanye, which is taking steps to acquire Rustenburg Platinum from Anglo American Platinum as well as the... 

Lucara, Paragon extend Mothae exclusivity period

By: Natalie Greve     7th October 2015 Lucara Diamond Corporation has agreed to extend the exclusivity agreement with Aim-listed Paragon Diamonds regarding the proposed acquisition of Lucara’s Mothae kimberlite resource and the Lemphane kimberlite pipe project, in Lesotho.   This would allow Paragon to complete its $15-million funding... 

Nautilus shrugs off activists’ critique as ‘unscientific’ 

By: Henry Lazenby     2nd October 2015 Deep sea mining pioneer Nautilus Minerals is making light of an environmentalist attack on its flagship Solwara 1 copper/gold/zinc/silver project, in the Bismarck sea, earlier this week, characterising critique released on Monday as being unscientific and full of errors and misunderstandings. As... 

Paragon secures $15m for Mothae, Lemphane development

By: Megan van Wyngaardt     2nd October 2015 Aim-listed Paragon Diamonds has signed a nonbinding term sheet to secure a $15-million funding package with private South Africa-based company Acrux Resources. The funds would be used to acquire and bring the defined Lesotho-based Mothae kimberlite resource and the nearby Lemphane kimberlite pipe... 

Conveyor belt downtime can harm bottom line

By: Bruce Montiea     2nd October 2015 Conveyor belt downtime is often taken lightly by belt experts, shift bosses and foremen, despite the potential harm it can cause to a company’s production and bottom line, says mining consultation, conveyor belts and underground machinery maintenance company Dazoforce Mining and Construction CEO... 

Barrick suffers small cyanide spill at Veladero mine in Argentina 

By: Reuters     15th September 2015 A pipe carrying cyanide at Barrick Gold's Veladero gold mine suffered a valve failure and small leak that led to a brief disruption to operations, the company said on Monday. Barrick said in a statement the incident occurred on Sunday and that there was no threat to surrounding rivers or its... 

Furnace cooling components supplied to Zambian smelter

By: Mia Breytenbach     11th September 2015 Foundry and engineering company Thos Begbie last month supplied new start-up face equipment to the new smelter of Canada-based First Quantum Minerals’ (FQM’s) Zambia-based Kansanshi copper mine. “The equipment supplied to the Isasmelt furnace includes copper-cooling components, cooling elements... 

Resources Watch 

By: Creamer Media Reporter      10th September 2015 This week: Cash-flush DRDGold considers a share buy-back. Gas represents a R250-billion opportunity for South Africa. And, a new plasma pipe-cutting machine enters production. 

Machine Tools Africa 2017 launched ahead of bidding for space

10th September 2015 Officially launched this week, Machine Tools Africa 2017 is set to be the biggest trade exhibition of its kind in Africa showcasing cutting edge developments across the machine tool and related industries. The launch took place at the MAN Building, Expo Centre, Nasrec in Johannesburg, and over... 

DiamondCorp to sell first Lace diamonds in Oct

By: Megan van Wyngaardt     1st September 2015 Dual-listed miner DiamondCorp’s first diamond sale from its Lace mine, in the Free State, has been scheduled for October, when tunnel and initial slot drive tonnage would have provided a sufficiently representative parcel of kimberlite diamonds.   The result of initial diamond sales along with... 

New plasma pipe-cutting machine enters production 

By: Bruce Montiea     28th August 2015 Specialist chromium carbide (CrC) long-life liners and components manufacturer Rio-Carb in June started producing pipes for the diamond mining industry using its new plasma pipe-cutting machine at its factory in Alberton, Ekurhuleni. Rio-Carb director Martin Maine tells Mining Weekly that the... 

Govt, business, labour in rare show of unity amid threat of steel jobs ‘bloodbath’  

By: Natalie Greve     24th August 2015 In a rare show of collective force, labour and business in the steel sector appear to have successfully lobbied government to back efforts to raise protection for the embattled sector by hiking import duties on steel imports to the 10% “bound rate” allowed for under South Africa’s World Trade... 

Pipe-joining system to be showcased at Electra Mining Botswana

21st August 2015 Mechanical pipe joining systems provider Victaulic will showcase its latest flame-free pipe joining technology developed specifically for the mining market at this year’s Electra Mining Botswana exhibition, taking place at the Gaborone Fair Grounds, from September 1 to 3. Victaulic’s QuickVic... 

Alliance Pipeline shuts mainline pipe network

By: Henry Lazenby     7th August 2015 Hydrocarbon pipeline operator Alliance Pipeline declared a force majeure event and closed its mainline pipeline early on Friday after hydrogen sulphide entered into the system on Thursday evening, as a result of complications experienced by an upstream operator. The pipeline operator called on... 

Company increases valve-ball size

By: Bruce Montiea     7th August 2015 As a result of continued research into and development of its technical ceramics manufacturing capabilities, advanced materials company Morgan Advanced Materials can now manufacture balls of up to diameter nominal (DN) 250 for severe service valves from its Nilcra Zirconia-based material, company... 

World’s biggest telehandler now in Australia

3rd August 2015 At a massive 45 tonnes the Magni HTH 45.14 is the world’s biggest telehandler, and it’s available in Australia. The monstrous machine is being distributed locally by Magni Telehandlers Australia, who are bringing a range of the specialist machines to the domestic market. Magni Telehandlers... 

Inventory, liquidity headwinds dent Gem Diamonds’ H1 pricing

By: Natalie Greve     30th July 2015 High inventory levels and continued liquidity concerns, paired with global macroeconomic uncertainties, have continued to place pressure on the price of rough and polished diamond prices, denting the realised price of commercial stones recovered at Gem Diamonds’ Ghaghoo mine, in Botswana, for the... 

Kumba to relocate VIU facility to Joburg

By: Dylan Stewart     24th July 2015 Mining major Kumba Iron Ore, a business unit of Anglo American, will start moving its value-in-use (VIU) facility, in the west of Pretoria, to the Anglo American technical solutions facility, near Crown Mines, in the south of Johannesburg, by the end of the year, with commissioning at the new... 

Atlas Copco strikes again with new Diamondback drill rig Safer, more versatile drilling rig to be showcased at Jubilee

22nd July 2015 Drillers get the rig they need faster with the new Atlas Copco Diamondback drilling rig with optional sliding-angle mast and enhanced safety features. The rig’s bolt-on modular components – a new concept in rig design – shorten lead time while making it a truly multipurpose rig. See it for the... 

Process reliability of hydraulic connection technology crucial

17th July 2015 The process reliability of hydraulic connection technology is crucial for the effective and economical operation of modern working machinery, says hydraulic coupling technology provider VOSS Fluid. To ensure that systems, which are subject to permanent stress, such as large excavators in mining,... 

Zuma, Mandela probed by Hawks over Aurora

By: News24Wire      6th July 2015 The nephew of President Jacob Zuma and grandson of former President Nelson Mandela are being investigated by the Hawks in connection with alleged criminal activities stemming from the Aurora case. "The Aurora issue is now in the hands of the Hawks. We are looking at the criminal element of the... 

Company yet to offer thermal assessment services to mining industry

By: Dylan Stewart     19th June 2015 Although the solutions of electrical equipment, industrial instrumentation and automation supply, implementation and support company Magnet can be used for any electrical or mechanical application, including mining, the company is yet to offer its services to the mining industry, Magnet training... 

Grp Pipes Reign Supreme In Mine Dewatering Applications

12th June 2015 Glass-reinforced plastic pipes’ proven resilience in harsh terrains, extreme climates and unpredictable site environments make them the superior choice over HDPE, steel and DICL (ductile iron concrete lined) pipes in the demanding environment of a mine dewatering system. Says Roger Rusch, CEO of... 

New pumping simulation software released

12th June 2015 Ventilation, occupational health and environmental solutions provider and the exclusive distributor of Chasm Consulting software in South Africa, Terramin, in May this year released its new Pumpsim pumping simulation software package. The software is designed to model and simulate many different... 

Lalor mine, Canada

By: Sheila Barradas     5th June 2015 A gold, zinc, copper and silver mine, located in the Chisel basin of the Flin Flon greenstone belt in Manitoba, Canada 

Chute system addresses materials processing challenges

29th May 2015 Bulk materials handling in the mining industry is a significant challenge, with conveyor systems often having to achieve belt speeds from 2.5 m/s to 5 m/s, says chute systems and solutions company Weba Chute Systems founder Werner Baller. He says that the correct application of Weba Chute’s... 

Bulk handlers up the ante in dense phase conveying

By: Dylan Stewart     29th May 2015 Bulk handling solutions provider Clyde Bergemann Power Group’s dense-phase pneumatic conveying system, installed at Unit 6 of national power utility Eskom’s Medupi power station, in Limpopo, is exceeding its contractual capacity since commissioning started in December, Clyde Bergemann executive... 

Stellar sells more diamonds from Baoulé trial mining

By: Megan van Wyngaardt     28th May 2015 West Africa-focused Stellar Diamonds has sold diamonds valued at $505 000 at a recent auction. The Aim-listed diamond development company on Thursday said this brought the sales from its 75%-owned Baoulé kimberlite pipe, in Guinea, to over $922 000, of which $700 644 were derived from the trial... 

Gem Diamonds encouraged by Lesotho, Botswana progress

By: Natasha Odendaal     21st May 2015 Despite a “noticeably weaker” first-quarter market, the first three tenders in 2015 for the flagship Letšeng mine, in Lesotho, had generated prices comparable to that of the three tenders in the final quarter of 2014, London-listed Gem Diamonds CEO Clifford Elphick said on Thursday. Providing a... 

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