R/€ = 14.88 Change: -0.01
R/$ = 12.10 Change: 0.00
Au 1335.58 $/oz Change: -5.52
Pt 927.50 $/oz Change: -4.49


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. 

Ghaghoo mine starts small

By: Dylan Slater     12th December 2014 Botswana’s newly established Ghaghoo diamond mine, owned and operated by London-listed Gem Diamonds, will be operated on a ‘small mine basis’ until the value of the resource is fully understood, Gem Diamonds tells Mining Weekly. 

Diamonds look set to do well in 2015 – Investec 

By: Martin Creamer     4th December 2014 Strong jewellery demand over the US holiday season looks supportive of 2015 being another good year for diamond prices, Investec Securities analyst Marc Elliott said on Thursday. In a note on the strong performance of the London-listed Petra Diamonds in particular, Elliott expected rough prices... 

Rio and Dominion JV approves $350m Canada diamond investment

By: Esmarie Swanepoel     27th November 2014 Diversified miner Rio Tinto has given the green light for the development of the fourth pipe, known as A21, at its Diavik diamond mine, in Canada’s Northwest Territories. The A21 pipe development was part of the original mine plan and is estimated to cost $350-million over four years. 

Dominion Diamond reports ‘exceptional’ Q3 FY2015 production results for Ekati, Diavik

By: Creamer Media Reporter      21st November 2014 TSX-listed Dominion Diamond Corporation reported on Thursday that its Ekati and Diavik diamond mines performed exceptionally well in the third fiscal quarter of 2015, August through October, with rough diamond production, sales and pricing all exceeding plan.  Consistent with the two previous... 

Sale confirms demand for Lemphane diamonds, says Paragon

By: Natalie Greve     17th November 2014 Aim-listed Paragon Diamonds has sold a number of diamonds recovered during the company's 2013 bulk sampling programme at its flagship Lemphane kimberlite pipe, in Lesotho, including fancy yellow diamonds that achieved values of up to $2 500/ct. The company said in a statement on Monday that the... 

Dominion Diamond files developers assessment report for Ekati’s Jay pipe

By: Henry Lazenby     7th November 2014 TORONTO ( – Canadian precious gem producer Dominion Diamond has filed a developers assessment report (DAR) with the Mackenzie Valley Environmental Impact Review Board for the Jay kimberlite pipe at the Ekati mine, in Canada’s Northwest Territories, as part of the requirements of... 

GRP pipes could save miners millions

By: Samantha Herbst     7th November 2014 Specialist water cooling company Industrial Water Cooling (IWC) believes local mining companies using corrosion-resistant, glass-reinforced plastic (GRP) pipelines could be saving millions on recurring pipeline breakdowns resulting from corrosion. GRP pipes are considered advantageous in the... 

Nautilus Minerals secures vessel charter

By: Henry Lazenby     6th November 2014 Seafloor-mining pioneer Nautilus Minerals on Thursday reported that it had secured a vessel charter to be deployed at the Solwara 1 copper/gold project, offshore Papua New Guinea (PNG). Dubai-based marine solutions company Marine Assets Corporation (MAC), which specialises in delivering new-build... 

First diamonds from Ghaghoo mine to be sold in Feb 2015

By: Creamer Media Reporter      6th November 2014 London-listed miner Gem Diamonds will sell the first 4 028 ct of diamonds recovered at its Ghaghoo mine, in Botswana, in February 2015. The sale of diamonds from the underground mine, which was officially opened in early September, would be held in conjunction with the sale of diamonds recovered... 

Tenova TAKRAF expands specialised handling range with Magaldi Superbelt®

     4th November 2014 Tenova TAKRAF Africa’s leading range of specialised handling equipment has been enhanced with the addition of the unique Magaldi Superbelt® technology from Magaldi, of Italy, a global supplier of industrial systems and plants for bulk material handling at high temperatures.  Tenova TAKRAF Africa... 

On-The-Air (31/10/2014) 

By: Martin Creamer     31st October 2014 New mechanised mining courses at Wits; Shale gas received major boost gov gave nod for application processing to proceed; coal-gas roadmap is being drawn up to get energy from coal without having to mine it. 

Low kimberlite discovery rate seen sparking diamond production crisis by turn of decade

By: Jade Davenport     31st October 2014 The stability of the diamond sector has always been a slave to the fine balance between supply and demand. Over the last century, the industry has had to contend with various crises of oversupply, largely spurred by conflict, global economic instability and the vagaries of consumer demand. As a... 

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