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Copper trains ransacked by 'moles' in full-moon desert heists

By: Bloomberg     13th July 2018 On nights lit by a full moon, thieves leap from trucks onto trains as they roll through Chile’s Atacama desert, before throwing 80-kg slabs of copper to the ground and disappearing into the dark. It’s a tactic known as “the cat” and the robbers are “moles” because no one knows where they come... 

Indonesia reaches preliminary deal with Freeport on Grasberg

By: Bloomberg     12th July 2018 Indonesia has struck an “initial agreement” to take majority ownership of Freeport-McMoRan’s giant Grasberg copper and gold mine, President Joko Widodo told reporters in Jakarta on Thursday. State-owned PT Indonesia Asahan Aluminium, also known as Inalum, will end up with a 51% stake,... 

Transnet to operate inland manganese terminal

By: Marleny Arnoldi     10th July 2018 State-owned freight utility Transnet’s Port Terminals operating division has taken over operations at an inland terminal for the loading and handling of manganese at Lohatlha, in the Northern Cape.  

On-The-Air (06/07/2018) 

By: Martin Creamer     6th July 2018 Black-controlled mining company Exxaro has hit the high spots with the introduction of South Africa’s first ‘smart’ mine. A strongly black-empowered mining company is taking steps to raise money in London for its modern new phosphates operation in the Western Cape. The Bafokeng community is... 

Big Pump Goes Stainless

By: Creamer Media Reporter      6th July 2018 Corrosive liquids on mining and construction sites are a fact of life!  Tsurumi’s new 316 cast stainless steel high head pumps are designed for those applications.  Metalliferous mines are susceptible to pump breakdowns simply because the pump’s material of construction is not compatible with the... 

Sandvik offers safe, dependable blast drilling

6th July 2018 Mining equipment and services provider Sandvik Mining and Rock Technology has delivered and commissioned the first DR461i, now identified as the DR412i rotary blast hole drill, to the African continent.  According to Sandvik, the DR412i blast-hole drill improves productivity while returning fuel... 

Fire away with FOGMAKER fire-suppression system at Electra Mining 2018

4th July 2018 FOGMAKER South Africa (Pty) Ltd. will not only display its efficient triple-action fire-suppression system at the highly anticipated Electra Mining Africa 2018 but will also be conducting live demonstrations to show the remarkable effectiveness of water-mist technology. Intelligently engineered... 

Kropz eyeing dual listing

By: Martin Creamer     4th July 2018 Emerging plant nutrient producer Kropz is eyeing a dual listing on the Johannesburg Securities Exchange in addition to seeking admission to trade on the Aim in London, where it intends raising equity capital to fund the completion of its advanced-stage phosphates project in South Africa, cut debt... 

Atlas attributed no value to NWI interest

By: Esmarie Swanepoel     28th June 2018 ASX-listed Atlas Iron on Thursday said that the company had attributed no value to its interest in the North West Infrastructure (NWI) joint venture, or its intention to develop export capacity at the port of Port Hedland. Atlas was responding to a query from shareholder Fortescue, which urged... 

Atlas does not have priority rights to new Hedland berths

By: Esmarie Swanepoel     14th June 2018 The share price of iron-ore miner Atlas Iron dropped by nearly 16% on Thursday after the Western Australian government informed the company that it did not have “priority right” to develop new export berths. Atlas told shareholders that the North West Infrastructure (NWI), of which the company... 

Venezuelan oil crisis threatens to turn ONGC Videsh asset

By: Ajoy K Das     8th June 2018 India’s ONGC Videsh’s, the overseas arm of national oil exploration and production (E&P) major ONGC Limited, hopes of recovering $450-million of past dues has receded into uncertainty. ONGC Videsh holds a 40% stake in San Cristobel oilfields, in Venezuela, but is yet to receive a dividend payout... 

Don’t let your network dictate your choices

7th June 2018 Strata Worldwide and RFI Technology Solutions have joined forces to bring the underground world a simple yet powerful solution for overcoming many of the classic constraints of typical digital networks. It assists in resolving the common “last mile” difficulties of getting power and connectivity... 

ELB to supply two mobile ship loaders to Transnet Port Terminals’ Saldanha Terminal

6th June 2018 ELB Engineering Services (Pty) Ltd (ELB), is pleased to announce that they have been awarded the contract to design, supply, install and commission two mobile ship loaders at Transnet Port Terminals’ (TPT) Saldanha Terminal – a strategic node of the movement of iron ore in South Africa. The ship... 

In lithium hot spot, ghost towns recall another boom gone bust

By: Bloomberg     25th May 2018 Chile knows what it is to be expendable. Ghost towns that pepper the nation’s north are a painful reminder of a time when it was replaced almost overnight as the world’s top fertiliser producer. These days, the decaying buildings and rusty plants serve as a harbinger for miners embarking on a... 

Soaring coal royalties give Qld infrastructure spending a boost

By: Esmarie Swanepoel     22nd May 2018 Queensland coal royalties would soar to a record A$3.7-billion in the 2018 financial year, the Queensland Resources Council (QRC) predicted on Tuesday. QRC CEO Ian Macfarlane said the A$536-million increase on the government’s previous royalty estimates would allow the state government to... 

Dredging starts at Karumba port

By: Esmarie Swanepoel     14th May 2018 Annual dredging has restarted at the port of Karumba, as part of ASX-listed New Century Resources’ restart of the Century zinc mine, in Queensland. The 2018 dredging programme would see New Century invest A$6.8-million in the first dredging activities to be undertaken at Karumba since early... 

India's thermal coal imports rise over 15% in Q1 – trader

By: Reuters     11th May 2018 India's thermal coal imports rose by more than 15 percent in the first three months of 2018, with Indonesia accounting for about three-fifths of total supplies, according to vessel arrival data from Dubai-based coal trader American Fuels & Natural Resources. India's rising coal imports are... 

Pipeline impasse to cost Canada C$15.8bn this year 

By: Henry Lazenby     10th May 2018 Canada can expect to incur up to C$15.8-billion in lost revenues this year because of pipeline capacity bottlenecks in the country, and fervent opposition to building new pipelines that can open new markets for the domestic industry. A new report by Canadian independent policy think tank, the... 

Aussie mines cashing in as Chinese enviro crackdown shifts demand to high-grade iron-ore

By: Esmarie Swanepoel     4th May 2018 A renewed focus on environmental reforms and the accelerated restructure of its steel industry has resulted in a shift change in China’s iron-ore demand, with high-grade ores being given preferential treatment over their low-grade counterparts. The Australian Department of Industry, Innovation... 

Aussie mines cashing in as Chinese enviro crackdown shifts demand to high-grade iron-ore

By: Esmarie Swanepoel     4th May 2018 A renewed focus on environmental reforms and the accelerated restructure of its steel industry has resulted in a shift change in China’s iron-ore demand, with high-grade ores being given preferential treatment over their low-grade counterparts. The Australian Department of Industry, Innovation... 

China's shrinking steel stockpiles seen giving iron-ore a boost

By: Bloomberg     24th April 2018 Falling steel inventories in China point to an improving outlook for iron-ore through the rest of this half, according to one of the world’s top exporters of the raw material. While demand for iron ore has been slower to rebound after Lunar New Year celebrations than in recent years, steel... 

West African mining industry rising despite challenges

By: Erin Steenhoff-Snethlage     13th April 2018 West Africa has the potential to attract greater investment and further develop its fledgling mining industry, says Centurion Law group CEO NJ Ayuk. “Almost every country in the region has mineral reserves that have barely been touched, in contrast with Southern Africa, where mining is a mature... 

Fortescue says miners have shut gates on new iron-ore supply

By: Bloomberg     10th April 2018 Global iron-ore miners have turned off the tap on adding new production capacity to feed China’s steel mills as the world’s largest customer is already awash with supplies, according to Fortescue Metals Group. “The reality is that most of the producers, ourselves included, are not actually... 

World's top iron shipper says China import boom to level off

By: Bloomberg     9th April 2018 The world’s largest iron-ore exporter delivered a mixed message on the outlook, raising near-term price forecasts, but combining that revision with a more somber message that China’s gargantuan imports are set to level off as steel production eases in the coming years. Iron-ore will average... 

Adani is said to delay Australia coal shipment, eyes deals

By: Bloomberg     29th March 2018 Indian conglomerate Adani Enterprises Ltd. will miss its original deadline to start shipping thermal coal from one of the world’s biggest planned mines due to funding difficulties, even as it eyes export deals with Asian companies. The billionaire Gautam Adani-backed company has abandoned a 2020... 

Plug-and-play IoT edge gateway launched for industry, mining

By: Schalk Burger     27th March 2018 Information technology (IT) hardware multinational DellEMC and local Internet of Things (IoT) developer IoT.nxt have launched an edge computing device, called the Raptor, which enables businesses to deploy an IoT network in their operational environments to integrate existing sensors and... 

Transnet renews manganese contract with South32

By: Marleny Arnoldi     22nd March 2018 State-owned Transnet and diversified miner South32 on Thursday signed a seven-and-a-half-year manganese export capacity allocation (Meca) contract, allowing for the transportation of 2.6-million tonnes a year of export manganese and realising almost R10.4-billion in total value for Transnet.  

China iron-ore, steel extends losses as lofty China inventories weigh

By: Reuters     20th March 2018 Chinese iron-ore prices fell further on Tuesday, a day after posting their biggest daily drop in almost ten months as high inventories and a weak domestic steel market pressure prices. Near-term inventory risks have dampened the outlook for steel and iron-ore prices short term, Argonaut said in a... 

Stringent regulations may impede coal industry growth

By: Donald Makhafola     16th March 2018 While key challenges facing the coal mining industry make the future of coal in South Africa uncertain, when considering the weight of coal in South Africa's energy mix, the coal mining industry is likely to remain an important one, says credit insurer Coface group economist Ruben Nizard. South... 

Rio Tinto's last two coal mines set to attract bids over $2.5bn

By: Reuters     9th March 2018 At least three bidders are expected to submit final offers for global miner Rio Tinto's Hail Creek and Kestrel coal mines in Australia, which could fetch up to $2.5-billion, people familiar with the process said. The Anglo-Australian mining company made a strategic decision in 2017 to exit coal... 

Transnet rejects claim of no significant mining-linked rail and port investment in 15 years

9th March 2018 Anglo American South Africa deputy chairperson Norman Mbazima argues that a revitalisation of South Africa’s rail and port networks will be key to ensuring a recovery in mining investment. Speaking at the Investing in African Mining Indaba, he lamented that he had not seen any significant rail... 

Transnet rejects claim of no significant mining-linked rail and port investment in 15 years

9th March 2018 Anglo American South Africa deputy chairperson Norman Mbazima argues that a revitalisation of South Africa’s rail and port networks will be key to ensuring a recovery in mining investment. Speaking at the Investing in African Mining Indaba, he lamented that he had not seen any significant rail... 

Gavin Kirstein has been appointed Tsubaki product manager for BMG.

8th March 2018 Lindy Morton Festivitas As part of BMG’s Power Transmission division, Kirstein will focus mainly on Tsubaki engineered class chain, bucket elevators, cam clutches and backstop products, used in heavy and large scale industries. 

As coal use wanes, US miners depend on foreign buyers, steel  

By: Bloomberg     8th March 2018 It keeps getting harder to sell coal in the US US miners are forecast to cut production 4.7% in 2018 as electricity generators shift increasingly to natural gas and renewable energy, according to the US Energy Information Administration. The expected total of 736.3 million short tons would be the... 

thyssenkrupp committed to strengthening partnerships and driving industrialisation processes in Africa

5th March 2018 thyssenkrupp Industrial Solutions is proud of its time-honoured history as a leading partner of engineering, equipment, technology, plant and service solutions to mining, cement, chemical, fertilizer and oil & gas industries across the African continent.  In a bid to further strengthen its... 

DP World may develop $1.2bn port at Banana on Congo coast

By: Bloomberg     2nd March 2018 DP World may develop a $1.2-billion deep-water port in the Democratic Republic of Congo, according to documents published by a Senegalese whistle-blowing organization. DP World signed an agreement with the Transport Ministry in February 2017 giving the Nasdaq Dubai-listed company exclusive rights... 

India's outback coal bets sour as global prices recover

By: Bloomberg     1st March 2018 Australian mining legend Lang Hancock’s dream four decades ago of exporting coal from the country’s remote Galilee Basin is becoming a nightmare for two Indian conglomerates. Adani Group bought into the Queensland basin in 2010, followed a year later by GVK Group, with plans to ship thermal coal... 

Savannah triples Portugal lithium project resource estimate

By: Creamer Media Reporter      26th February 2018 The inferred mineral resource estimate of the Mina do Barroso lithium project, in northern Portugal, has increased by 200%, project developer Savannah Resources said on Monday. The Aim-listed company reported an inferred mineral resource estimate of 9.1-million tonnes at 1.03% lithium oxide... 

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