R/€ = 16.49 Change: 0.18
R/$ = 13.99 Change: 0.17
Au 1294.20 $/oz Change: 4.20
Pt 953.50 $/oz Change: 5.50


Collaboration with engineering firm yields nigh-R100m cost saving for Harmony

By: Mia Breytenbach     17th November 2017 JSE-listed Harmony Gold has partnered with Pretoria-based engineering company ETA Operations (ETA), formerly known as HVAC International, to improve the operational efficiency of Harmony’s deep-level gold mines in South Africa, subsequently resulting in significant cost savings. The operational... 

'A good number of investors' considering countries offering better return-on-investment prospects than SA

By: Dylan Slater     17th November 2017 Mining policies imposed by the Department of Mineral Resources (DMR) on local industry are creating increased uncertainty for investors, a growing number of whom are considering investing in mining projects and exploration in other countries, with a greater chance of a healthier return on... 

Guptas target South African bank regulator over account closures

By: Bloomberg     10th November 2017 A group of companies linked to South Africa’s politically connected Gupta family said the country’s banking regulator encouraged lenders to shut their accounts, broadening a battle to retain the last of their banking services. The 20 businesses, which are suing Bank of Baroda’s local unit to keep... 

Zwane must be probed on State capture and Gupta relations – DA 

By: News24Wire      1st November 2017 There are enough grounds to establish an ad hoc committee of inquiry into Mineral Resources Minister Mosebenzi Zwane’s relationship with the Gupta family and allegations of State capture, said James Lorimer from the Democratic Alliance (DA). Speaking to journalists after a meeting of the... 

South Africa nuclear regulator says expects plant site licence in June

By: Reuters     31st October 2017 South Africa's nuclear regulator said on Tuesday that an installation site licence would likely be granted in June for a nuclear power plant that the finance minister has said Africa's most advanced economy cannot afford. South Africa's nuclear plans are shrouded in controversy and uncertainty,... 

Govt eager to get mining parties back to the table – Gigaba

By: Natasha Odendaal     25th October 2017 With the implementation of the revised – and heavily contested – Mining Charter Three postponed to December, Finance Minister Malusi Gigaba on Wednesday said it was critical that the current impasse in the mining sector be resolved. Earlier this year, the Department of Mineral Resources (DMR)... 

Blasting experts gather at must-attend BME annual event

     24th October 2017 South Africa’s best-known futurologist, Clem Sunter, will be among the star attractions at BME’s annual drilling and blasting conference to be held on Thursday 2 November at the CSIR Conference Centre in Pretoria – giving delegates vital insights into future business risks and opportunities.... 

Miners need to focus on long-term economic benefits

By: Marleny Arnoldi     20th October 2017 To alter the cheaper-cost mindset miners sometimes adopt in trying economic times, explosives technical services company R.A. McClure president Robert McClure recommends focusing on long-term downstream gains and valuable technological investments.  

Reactive ground detection tech advancing, conference nears

By: Marleny Arnoldi     20th October 2017 Explosives and blasting company BME is in the testing and development stage of adapting its XRF Delta Pro mineral scanning technology to quickly identify reactive ground conditions on-the-spot to prevent blast site incidents, thereby ensuring safer blasting practices.  

Lourens de Koning

By: Martin Creamer     20th October 2017 This week Mining Weekly features Lourens de Koning, the COO of Fraser Alexander, the R700-million, 3 690-employee mining services company renowned for its expertise in tailings storage and retreatment  

Thuthukani Engineering Installs Turn Key Gland Service Water System for Grootegeluk

     3rd October 2017 Pretoria based engineering firm, Thuthukani Engineering was contracted by Exxaro to supply a gland water service system for their largest mine, Grootegeluk mine in Limpopo. Grootegeluk has the world’s largest beneficiation complex where 8000 tonnes per hour of run-of-mine coal is upgraded in 10... 

Stakeholder cohesion crucial to change trajectory of South African mining

By: Robyn Wilkinson     29th September 2017 Chamber of Mines of South Africa (CoM) CEO Roger Baxter will consider the role that the CoM and mining companies can play in increasing investment in South Africa’s mining sector, despite current challenges, by creating an enabling business environment through the building of trust between mining... 

Hydrogen detection solutions to increase safety at Zambian mines

By: Simone Liedtke     15th September 2017 Tshwane-based industrial solutions provider RTS Africa Engineering (RTS) believes that Zambia offers a “strong and vibrant mining economy” and is currently in the process of entering the Zambian mining market to provide increased safety at mines through its hydrogen detection solutions. 

Success at C-Cut, but earlier design input needed 

By: Marleny Arnoldi     8th September 2017 Wear solutions provider Rio-Carb completed a liner supply project for diamond miner Petra Diamonds’ Cullinan mine, near Pretoria, in Gauteng, in June.  

Concern raised over lack of support for coal roadmap 

By: David Oliveira     25th August 2017 Since the release in July 2013 of the South African Coal Roadmap (SACRM), there has been no impetus by government or coal miners to implement any of its recommendations. The SACRM was developed with a view to identifying possible scenarios that may impact on the coal industry, particularly in... 

Concern raised over lack of support for coal roadmap

By: David Oliveira     25th August 2017 After being released in July 2013, the South African Coal Roadmap (SACRM) has suffered the fate of which it warned industry, effectively ‘falling off a cliff’, with there having been no impetus by government or coal miners to implement any of the study’s recommendations. The SACRM was developed... 

CoM files replying affidavit in Mining Charter interdict application  

By: Anine Kilian     21st August 2017 The Chamber of Mines (CoM) has submitted a replying affidavit in the High Court, in Pretoria, in response to Mineral Resources Minister Mosebenzi Zwane’s August 7 affidavit, in an interdict application against the implementation of the Reviewed Mining Charter. Zwane in June introduced the... 

Outa lays corruption charges against former Eskom board director 

By: African News Agency      15th August 2017 The Organisation Undoing Tax Abuse (Outa) has laid a criminal complaint with the police against former Eskom director, Mark Pamensky. Outa chief operating officer Ben Theron on Tuesday said the charges related to Pamensky’s conduct while at Eskom and a business ”linked to the Gupta business empire.” 

DMR, CoM’s agreement over moratorium made an order of the court

By: Anine Kilian     4th August 2017 The High Court of Gauteng, in Pretoria, on Friday made an agreement reached between the Chamber of Mines (CoM) and the Department of Mineral Resources (DMR) that Mineral Resources Minister Mosebenzi Zwane would withdraw his proposed moratorium on the processing of new mining rights, an order of... 

Eskom tariffs in AMSA’s action plan crosshairs as losses spike  

By: Terence Creamer     27th July 2017 Steel producer ArcelorMittal South Africa (AMSA) will approach the National Energy Regulator of South Africa (Nersa) directly with a request for discounted electricity tariffs as part of a multi-pronged business sustainability action plan unveiled after the JSE-listed group slumped to a... 

New association launched to support emerging truck operators 

By: Ilan Solomons     21st July 2017 The newly launched Emerging Truckers Association of South Africa (Tasa) aims to assist in meaningfully transforming the local truck and freight industry, with a long-term view of ensuring work for women and black truck owners and operators. This is according to Tasa convener Mary Phadi, who was... 

Gulf to ship smelters from South Africa to Indonesia in Q4

By: Mariaan Webb     21st July 2017 The refurbishment of the first two smelters that Australian company Gulf Manganese plans to use at its manganese alloys hub in Kupong, West Timor, is well under way, with shipment from South Africa to Indonesia expected to occur before the end of this year. Gulf reported on Friday that it had... 

Construction on Exxaro’s new offices to start in September

By: Anine Kilian     18th July 2017 Real estate investment trust Growthpoint Properties has started the multimillion-rand development of a new head office for diversified miner Exxaro Resources. Exxaro’s new corporate headquarters will consolidate its current offices in Pretoria and Johannesburg into a single workspace, located at... 

Work starts on R1.7bn fluorspar mine 

By: Martin Creamer     10th July 2017 Work has begun on the building of an opencast fluorspar mine and concentrator at Rust de Winter, 80 km northeast of Pretoria, Nokeng Fluorspar Mine announced on Monday. The wholly owned subsidiary of SepFluor said that the R1.7-billion finance for the 21-month project had been raised through a... 

Vavi urges Rustenburg mineworkers to join Numsa

By: African News Agency      10th July 2017 South African Federation of Trade Unions (Saftu) general secretary Zwelinzima Vavi on Sunday urged mineworkers in Rustenburg to join the National Union of Metalworkers of South Africa (Numsa). “Workers resigning from [the] National Union of Mineworkers [Num] and Association of Mineworkers and... 

New mobile screen launched in S Africa

By: Victor Moolman     7th July 2017 Mobile crushing and screening equipment supplier Kleemann, part of international specialist construction equipment manufacturer Wirtgen, has launched the Mobiscreen MS 703 EVO, which is capable of processing 350 t/h, in South Africa. 

SA company designs shaft hoisting infrastructure for Philippines gold mine

By: Dylan Slater     7th July 2017 Pretoria-based engineering firm Thuthukani Engineering has designed full service shaft hoisting infrastructure for Philippines-based gold miner Philsaga Mining Corporation, which is owned by Australian mining company Medusa Mining.  

Poor governance, accountability stymieing rehabilitation after mine closure

By: David Oliveira     30th June 2017 Delegates at the mining seminar of Sustainability Week, which took place at the Council for Scientific and Industrial Research, in Pretoria, earlier this month, heard that greater levels of governance and accountability were needed to ensure effective land rehabilitation post-mine closure. South... 

Shorts pile into cash-strapped Lonmin as platinum flounders

By: Bloomberg     27th June 2017 The last time there was so much short-selling on Lonmin Plc, the platinum miner was weeks away from a life-saving rights issue. At 14% of the total outstanding shares, Lonmin is the seventh-most-shorted stock on the 645-member FTSE All-Share Index, according to data compiled by Markit. That... 

Zwane disappointed in people using courts to legislate 

By: News24Wire      21st June 2017 As the Chamber of Mines said it would go to court in order to get an interdict against the implementation of the Mining Charter, Mineral Resources Minister Mosebenzi Zwane said he disappointed that people use courts in order to legislate. The charter set a new target for black ownership of mines... 

Gigaba announces ministerial meeting on economy, says fiscal consolidation will stay

By: African News Agency      16th June 2017 President Jacob Zuma has called a meeting of key ministers in a fortnight to devise a strategy to spur the South African economy out of recession, Finance Minister Malusi Gigaba said on Thursday. “The president has stressed the urgency of a co-ordinated response, and is convening a full-day... 

Pretoria company to service, supply new pumps range

     16th June 2017 Mechanical seals, rotating and engineering protection, and sealing equipment supplier Mechanical Rotating Solutions (MRS), situated in Pretoria, has been appointed as a service and product supplier of global pumps manufacturer KSB Pumps & Valves.    KSB boasts an annual sales revenue of almost... 

Miners tumble as South Africa escalates black ownership rules

By: Bloomberg     15th June 2017 Companies including Anglo American and Sibanye Gold dropped after South Africa increased the minimum black ownership requirement for local mines and set a 12-month deadline for compliance with the new rules. The Department of Mineral Resources will raise the requirement from the current 26% to... 

Zwane reveals final Mining Charter, despite boycott

By: News24Wire      15th June 2017 The new and final Mining Charter revealed by Mineral Resources Minister Mosebenzi Zwane on Thursday increases the level of black ownership at mining companies from 26% to 30%. In addition, mining prospecting rights need to have a minimum of 50% plus one share, while companies will be required to... 

Restoring the Balance- Post Mine Closure Rehabilitation.

     15th June 2017 On Wednesday 14th June 2017, Ncamiso Mining Chief Operating Officer, Tshego Motsoenyane spoke on the topic of ‘Restoring the Balance- Post mine Closure Rehabilitation’ at the Sustainability in Mining Seminar as part of Sustainability Week 2017. Sustainability Week hosted by alive2green provides a... 

Earth observation satellites starting to bring benefits to mining sector

By: Keith Campbell     2nd June 2017 At last month’s International Symposium on Remote Sensing of the Environment, held at the Council for Scientific and Industrial Research (CSIR), in Pretoria, one of the very many topics addressed was the use of remote sensing, particularly from earth observation (EO) satellites, to support the... 

S Africa to be updated on global trends

     2nd June 2017 The nineteenth Beltcon Conference will provide the South African materials handling and mining sector with an update on practical and theoretical developments in the international industry, bringing “all that is noteworthy and new in conveying techniques” to the local market, says the organising... 

Demand up for conveyor belt fire protection solution

By: Robyn Wilkinson     2nd June 2017 Environmental management company I-CAT is seeing an uptick in demand for its fire-protection systems as global mining houses increasingly recognise that effective firefighting technologies at their operations are a primary component of mining safety. The Pretoria-based company’s T-Rotor... 

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