Sea change in labour dynamics as AMCU emerges – Lonmin

Labour dynamics are going through a sea change with the emergence of the Association of Mineworkers and Construction Union (AMCU) to rival the dominance of National Union of Mineworkers (NUM), says Lonmin CEO Ian Farmer. Farmer, who heads South...

R20-million turnkey contract for Mototolo mine

Engineering projects firm TWP has been awarded a R20-million turnkey contract for a new materials handling system at the Mototolo mine's concentrator, scheduled for completion in February 2011. The platinum-group metals mine is a joint venture...

R8-billion capex expected for 2010

Major platinum-mining company Anglo Platinum expects to incur about R8-billion in capital expenditure (capex), excluding the capitalized interest, for the year, states its quarterly review and production report for the third quarter of 2010....

Thembelani men and materials shaft at 1 074 m

Platinum-mining company Anglo Platinum reports that the men-and-materials shaft at the Thembelani two project, which is still in the execution phase, is currently 1 074 m deep. The shaft has a planned depth of 1 178 m and is scheduled for...

Dual-purpose conveyor has high safety, control standards

A conveyor belt designed to carry 2 000 to 3 000 people a day and 480 t/h of rock at major platinum-mining company Anglo Platinum’s (Angloplat’s) Bafokeng Rasimone platinum mine, in Rustenburg, has high safety standards and smooth...

JSE listing process on hold, but advisers retained – RBPlat

Although platinum-mining company Royal Bafokeng Platinum (RBPlat) has placed its JSE listing process on hold in order to allow its two main shareholders to study an unsolicited bid for one of its main platinum assets, the company's listing...

Guaranteed refurbished quarrying equipment in demand

Mining equipment manufacturer and supplier Manhattan Corporation reports a significant increase in interest in guaranteed refurbished mining equipment over the past year because of the potential savings and shorter delivery lead times on...

New butterfly, knife-gate 
slurry valves for mining industry

Valve specialist company Ragon Industries has released a new range of butterfly and knife-gate slurry valves for the platinum- and gold-mining industries this year. Butterfly slurry valves offer controllability and are used to regulate flow rates...

CEO Swanepoel sets out Village Main's platinum stall

JSE-listed platinum-mining aspirant Village Main Reef has rearranged its board. To The Point's Bernard Swanepoel is at the helm as CEO, supported by Umbono Capital's Dorian Wrigley; CFO Clinton Halsey; and mining engineer Dalu Ncube. The...

CASH OPERATING PROFIT

TSX- and JSE-listed platinum-mining company Anooraq achieved a cash operating profit in the three months to December 31. Pictured is Anooraq CEO Philip Kotze, who reports that the company is studying synergies between its Bokoni and Ga-Phasha...

Blasting company breaks new ground with inverse drop raising

Blasting solutions company AEL has partnered with EBJ Mining Construction to successfully execute mechanised, inverse box hole blasting at gold producer Harmony Gold’s Elandsrand mine, which has resulted in increased safety and production on site.

Gilbertson, Davis set to ‘turn platinum-mining on its head'

The introduction of Mick Davis' Xstrata and Brian Gilbertson's Pallinghurst would turn the platinum-mining business on its head, RBC Capital Market analyst Leon Esterhuizen predicted on Tuesday. Esterhuizen said that, by their very nature, both...