R/€ = 14.78 Change: 0.07
R/$ = 12.07 Change: 0.06
Au 1332.26 $/oz Change: -4.19
Pt 996.00 $/oz Change: -17.01


Mine dumps not a perpetual rehab challenge

By: Ilan Solomons     24th April 2015 JSE- and NYSE-listed surface gold miner DRDGold dismisses the public perception that mine dumps continuously cause rehabilitation challenges even after they have been removed. “This is not the case and we have to continuously stress this point to the public through our stakeholder engagement... 

Guinea trial mining delivers high yields for Stellar

By: Megan van Wyngaardt     20th April 2015 Trial mining at the 5 ha Baoulé kimberlite pipe, in Guinea, has yielded a total of 5 087 ct to date, at an average grade of 13.5 ct per hundred tons (cpht), Aim-listed Stellar Diamonds said on Monday. The West Africa-focused company noted that the first sale of 733 gem-quality carats from Baoulé,... 

Sandvik launches next-generation blasthole drill

By: Anine Kilian     17th April 2015 Mining equipment manufacturer Sandvik launched its DR461i diesel-powered, self-propelled, crawler-mounted blasthole drill last month. The drill is automation-ready and features forward-thinking design and technology for bulk mining operations and is designed to withstand the harshest conditions... 

Marula mine, South Africa

By: Sheila Barradas     17th April 2015 A platinum mine on the eastern limb of the Bushveld Complex, in South Africa’s Limpopo province.  

Court dismisses NGO, native challenge to Arizona uranium mine

By: Henry Lazenby     9th April 2015 The US District Court for the District of Arizona has denied a challenge by nongovernment organisations and a Native American tribe with regard to TSX- and NYSE MKT-listed Energy Fuels’ ability to operate its Canyon uranium mine. The court's decision on Wednesday confirmed the company's right to... 

Norton Rose Fulbright advises on $370m financing of world’s largest new diamond project

By: Henry Lazenby     9th April 2015 Global legal practice Norton Rose Fulbright’s teams in London, Ottawa and Toronto have successfully advised a syndicate of Canadian and international lenders on the financing of the Gahcho Kué diamond project, in Canada’s Northwest Territories (NT), which reached financial close on Tuesday. The... 

Threatened beluga whales prompt TransCanada to delay Energy East pipeline plans

By: Henry Lazenby     2nd April 2015 Canada’s number-two pipeline operator TransCanada Corp has cancelled plans to build a marine terminal and oil tank farm at Cacouna, in Quebec, owing to strong local opposition in favour of protecting the St Lawrence Estuary habitat of a population of threatened beluga whales. The result would be... 

To Preserve Precious Water Mines Should Be Using Grp Piping

     30th March 2015 Conserving South Africa’s water is a top priority as a Water Affairs study shows that South Africans will be using more water by 2025 than is currently available. By 2030, it will be using 17% more, according to the 2030 Water Resources Group. To guarantee mine wastewater never contaminates South... 

Baoulé project a ‘company-maker’ for Stellar Diamonds

By: Natalie Greve     27th March 2015 The dense media separation (DMS) plant at Aim-listed Stellar Diamonds’ Baoulé kimberlite pipe project, in Guinea, has reached its target processing capacity of 50 t/h, the company said in an interim results statement for the six months ended December 31, on Friday. This comes after the diamond... 

Longest vertical pipeline worldwide to deliver emulsion

By: Dylan Stewart     27th March 2015 Explosives supplier BME is setting up a 318 m vertical pipeline – the longest in the world – to enable the direct delivery of emulsion to a South African underground mine, BME senior operations manager Selwyn Pearton says. 

New multipurpose scissor lift platform developed

     27th March 2015 To enhance logistics of underground mining operations, concrete equipment and material-placing equipment manufacturer Putzmeister has developed the Minelift 4 scissor-lift platform. 

Macerating sewage pumps ideal for mine site accommodation

     27th March 2015 Macerating pumping systems are ideal for temporary sewage networks, as are required during the construction of a mine, owing to the system’s flexibility and ability to pump sewage through small bore pipes to a central collection facility, such as a septic tank or municipal sewage line, says the... 

On-The-Air (20/03/2015) 

By: Martin Creamer     20th March 2015 Two Australian companies have come forward to help Eskom meet its primary energy needs 

Supply and deliver of portable hydraulic powered pipe cutter and beveler for 15OND -183OND pipes

By: Alida Odendaal     20th March 2015 Tender documents documents are available on or may be collected from 2nd floor concourse, civic centre, Cape Town during office hours 07:30-15:00. For further information regarding collection of tender documents please contact the tender distribution... 

Transparent slurry pump loop model to showcase material flow

     20th March 2015 To provide mine and general industry technical staff with the opportunity to view the inside working and dynamics of a slurry pumping system, pumps manufacturer KSB Pumps and Valves has produced and showcased a fully transparent operational slurry pump loop model. The working model that was... 

Upgraded rotary drill to be introduced to African market

By: Bruce Montiea     20th March 2015 Following the completion of product support training, machinery manufacturer Caterpillar’s upgraded MD6640 rotary drill is now commercially available, says Caterpillar surface rock drills commercial strategy manager G R Regas, adding that the company will introduce the upgraded drill to the... 

Company introduces new, improved drill

     20th March 2015 High-technology engineering company Sandvik has added the new DR461i drill to its equipment product line. “The DR461i is a diesel powered, self-propelled, crawler-mounted blasthole drill that is automation-ready and features forward-thinking design and technology for bulk mining operations,”... 

Gem declares maiden 5c a share dividend on back of ‘solid’ year

By: Natalie Greve     17th March 2015 LSE-listed Gem Diamonds has announced a maiden dividend of 5c a share following a year in which the diamond producer lifted revenue 27% to $271-million and delivered a 57% jump in earnings a share to $0.24. Similarly, it posted a 35% increase underlying earnings before interest, taxes,... 

Paragon seeks new asset as Lemphane nears production

By: Ilan Solomons     13th March 2015 As production at Aim-listed Paragon Diamonds’ Lemphane kimberlite pipe project, in Lesotho, remained on track to start in the second quarter of this year, the company has raised about £130 000 in new equity to fund a “critical” due diligence on a prospective diamond mine acquisition with... 

New version of popular ball valve introduced

     6th March 2015 Mechanical pipe-joining system manufacturer Victaulic late last year introduced a threaded-end version of its popular Series 727 ball valve, a high-pressure, enhanced-port Class 600 NACE-compliant valve for upstream oil applications. The valve, designed for tank and equipment connections,... 

Heavy-duty valve launched

     6th March 2015 Heavy-duty industrial valve manufacturing and services company Flowrox, at the end of last year, launched a new slurry knife gate valve designed to enhance current pipeline equipment and processes through improved fluid control technology. 

Santander mine, Peru

By: Sheila Barradas     20th February 2015 A lead/zinc/silver mine, located in west-central Peru, about 215 km east-northeast of Lima. 

Petra reports rise in H1 revenue, profit

By: Megan van Wyngaardt     19th February 2015 Southern Africa-focused diamond miner Petra Diamonds on Thursday reported a 16% increase in revenue to $214.8-million for the six months ended December 31, while its profit rose 21% to $92.9-million, owing to higher run-of-mine (RoM) output at its Finsch, Koffiefontein, Kimberley Underground and... 

Africa’s first nano computer tomography scanner opens the way for 3D analysis of ores

By: Zandile Mavuso     6th February 2015 Stellenbosch University’s (SU’s) Central Analytical Facilities department launched the first and only nano computer tomography (CT) scanner in Africa in September last year, with the technology having the potential to benefit the mining industry in a cost-effective and time-efficient way. Small... 

With launch of Africa’s first nano computer tomography scanner, SA university opens the way for 3D analysis of ores

By: Zandile Mavuso     6th February 2015 Stellenbosch University’s (SU’s) Central Analytical Facilities department launched the first and only Nano computer tomography (CT) Scanner in Africa in September last year, with the technology having the potential to benefit the mining industry in a cost-effective and time-efficient way. 

Second of three marine mining machines completed for Nautilus Minerals

By: Henry Lazenby     30th January 2015 The second of three seafloor production tools (SPTs) needed by marine mining project developer Nautilus Minerals to mine high-grade polymetallic seafloor massive sulphide deposits at 1 600 m below the surface of the Bismarck Sea, offshore Papua New Guinea (PNG), has been completed. The TSX-listed... 

African gold mine receives mobile firefighting set

By: Mia Breytenbach     30th January 2015 Pumps and pump components supplier Grundfos supplied a containerised firefighting set – the first Grundfos set of its kind to be supplied worldwide – to one of West African gold producer Perseus Mining’s gold mines, in Ghana, in October last year. The South African arm of the Denmark-based parent... 

Ernest Electro Engineering

     30th January 2015 Established in 1964, Ernest Electro Engineering distributes electrical water pumps and is a specialist in the rewiring of electrical motors. The company supplies the mining, agriculture, fishery, healthcare and tourism industries, as well as schools and sport and recreation businesses. Its... 

$12m MoU to boost Paragon’s Lemphane project

By: Megan van Wyngaardt     28th January 2015 To fund Stage 1 of its Lemphane Kimberlite pipe project, Aim-listed Paragon Diamonds has signed a memorandum of understanding (MoU) for a $12-million equity and debt financing package with investment group International Triangle General Trading (ITGT). The project, which is located in Lesotho... 

Gem Diamonds warns of possible price softening in early 2015

By: Natalie Greve     27th January 2015 Gem Diamonds CEO Clifford Elphick has cautioned that a weakening of diamond prices in the fourth quarter of last year, following a year of price growth, could continue into the first quarter of 2015. The group said on Tuesday that the announcement of the closure of the Antwerp Diamond Bank (ADB)... 

Rebranded operating platforms highlighted

By: Ilan Solomons     23rd January 2015 Engineering and construction major Murray & Roberts will highlight its rebranded operating platforms at this year’s Investing in African Mining Indaba, which will take place at the Cape Town International Convention Centre from February 9 to 12. Mining contracting company and Murray & Roberts... 

Pipes manufacturer increases focus on quality in Africa

By: Jonathan Rodin     16th January 2015 Plastic pipes and fittings manufacturer and distributor Marley Pipe Systems is prioritising “quality without compromise” and educating the market that the cheaper option is not always best, as increased maintenance increases the costs of a mine. Marley Pipe Systems sales and marketing manager... 

Eskom confirms Kusile Unit 1 sync slips to H1 2017 

By: Terence Creamer     15th January 2015 Embattled power utility Eskom, which has been experiencing major delays and cost overruns at its two coal-fired megaprojects Medupi and Kusile, gave an assurance on Thursday that the synchronisation of Medupi Unit 6 is only weeks away, with pipe restoration work between the boiler and the turbine... 

Treatment technology for South African mine water

     15th January 2015 Approx. 48 billion euros needed to improve water and waste-water treatment. Mines are a source of heavily polluted waste water Flagship projects to produce drinking water quality. Water and in particular waste water are environmental themes of great importance in mining in South Africa. These... 

Tulsequah Chief mine determined ‘substantially started’ – BC Ministry of Environment

By: Henry Lazenby     15th January 2015 The British Columbia Environment Minister Mary Polak has determined that Chieftain Metals Corp’s Tulsequah Chief polymetallic project was 'substantially started', ending a First Nation challenge to the validity of the original ministerial determination in 2012. The Ministry of Environment stated... 

Baoulé trial mining delivers 2 145 ct for Stellar

     6th January 2015 West Africa-focused diamond development company Stellar Diamonds on Tuesday reported that its Baoulé kimberlite pipe in Guinea has yielded 2 145 ct, to date, through trial mining. This included 138 diamonds greater than 1 ct and numerous gem diamonds larger than 5 ct and up to 9.2 ct. 

Nautilus receives PNG funds from escrow, forms Solwara 1 JV

By: Henry Lazenby     12th December 2014 Prospective marine miner Nautilus Minerals on Thursday formed a joint venture (JV) company with Papua New Guinea’s (PNG’s) nominee Eda Kopa (Solwara) to mine high-grade polymetallic seafloor massive sulphide deposits at 1 600 m below the surface of the Bismarck Sea, offshore PNG, within the... 

Expansion projects progressing well

By: Dylan Slater     12th December 2014 The C-Cut expansion project at diamond miner Petra Diamonds’ Gauteng-based Cullinan diamond mine is 50% complete in terms of the physical development work and the capital expenditure, the miner tells Mining Weekly. 

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