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Agri-hub seen as key post-mining-economy jobs driver in west Gauteng  

By: Terence Creamer     14th January 2019 An ambitious plan to develop Gauteng’s West Rand into an agri-industrial hub, primarily producing high-value crops for domestic and export markets, is starting to take shape and is expected to be officially launched during the first quarter of 2019. The initiative has been branded ‘Bokamoso Ba... 

Ferrexpo expects production to remain flat in 2019

By: Tasneem Bulbulia     8th January 2019 London-listed Ferrexpo, which operates mines in the Ukraine, produced about 10.6-million tonnes of iron-ore pellets in 2018 – a 1.2% increase on the 10.4-million tonnes produced in 2017. In a trading update published on Tuesday, the company reported that pellet production for this year would be... 

Train derailment investigation points to sabotage – Transnet

By: Reuters     21st December 2018 Transnet hopes to re-open on Saturday one of two closed coal export lines linking mines to the Richards Bay export terminal after it was closed following a train derailment, the State-run freight company said on Friday. A preliminary investigation into the cause of the derailment points to... 

Indian billionaire's Australian mine plans face further delay

By: Bloomberg     21st December 2018 Gautam Adani’s long quest to build a coal mine in the Australian outback faces another setback, with the Queensland state government refusing to sign off on the company’s plans before further studies into the project’s environmental impact are complete. “Two plans are yet to be approved before... 

South Africa coal train derails, export line shut - Transnet

By: Reuters     20th December 2018 A 200-wagon coal train derailed in South Africa on Thursday, shutting down the rail line that links mines to the Richards Bay export terminal, freight firm Transnet said. The crew were unhurt in the incident in which 51 wagons derailed, the State-run company said. 

Climate ideals clash with coal realities at Polish-led UN talks

By: Reuters     14th December 2018 Delegates at UN climate talks in the Polish city of Katowice point to the mining museum next to the conference venue as the proper place for coal, which provides 80% of the country's electricity. Poland's decision to host the negotiations to revive the 2015 Paris agreement on phasing out fossil... 

Transnet praised for rapidly restoring stricken Saldanha iron-ore line 

By: Martin Creamer     7th December 2018 State rail transport enterprise Transnet has earned praise by pulling out all the stops to rapidly restore a railway bridge on South Africa’s crucial Sishen–Saldanha iron-ore line. The line came to a halt on November 28 after a truck carrying heavy equipment at excessive height on a public road... 

Morwe signals strategy shift as he prioritises restoration of trust amid ‘turbulance’ 

By: Terence Creamer     7th November 2018 Transnet acting CEO Tau Morwe is prioritising the restoration of trust, internally and externally, which he acknowledges has been affected by the “turbulence” associated with recent action taken by the board to tackle corruption and recover money “siphoned” from the State-owned company. However,... 

Australian miners embracing automation in quest for improved safety, efficiency

By: Esmarie Iannucci     2nd November 2018 While the phrase ‘automation’ might evoke visions of a Schwarzenegger-esque future in which machines rise up to take over the world, it has come to have a distinctly different connotation in Australia. From drones being used to safely map, survey and explore mining operations to autonomous trains... 

MC marginally lifts Q1 output, despite Makhado delays

By: Marleny Arnoldi     31st October 2018 Run-of-mine coal production at MC Mining’s Uitkomst colliery increased to 125 153 t in the quarter ended September 30, compared with the 125 108 t produced in the comparable quarter of the prior year. Third-party coal purchases for the quarter, which is the first quarter of MC’s 2019 financial... 

Monarques starts promoting Wasamac as Beaufor heads for closure

By: Mariaan Webb     30th October 2018 As the Beaufor gold mine heads for a temporary shutdown in less than two months’ time, Quebec miner Monarques Gold has begun promoting its Wasamac project – a past producing mine in the heart of the Abitibi gold mining camp – to the mining and financial communities. President and CEO Jean-Marc... 

Rio Tinto and partners to invest $1.5bn in Pilbara

26th October 2018 Diversified mining company Rio Tinto and its Pilbara joint venture (JV) partners Japanese group Mitsui and steel producer Nippon Steel & Sumitomo Metal have approved a $1.55-billion investment to sustain production capacity at two iron-ore projects that form part of the Robe River JV, in Western... 

Mining’s performance must improve for the good of the South African people

By: Martin Creamer     26th October 2018 Although the mining production figures for the month of August were regrettably still on a downward trajectory, sentiment in the sector has improved by leaps and bounds since Mineral Resources Minister Gwede Mantashe took office. Disaggregation of August’s output data by Investec exposed a... 

Fortescue high-grade shipments to start in December

By: Esmarie Iannucci     25th October 2018 Iron-ore major Fortescue Metals’ optimised product strategy has delivered results in the three months to September, with the miner reporting higher average realised prices for its product. The company, which has been hit by a shift from Chinese steel mills’ to higher grade iron-ore., on Thursday... 

Anglo’s portfolio performs well in Q3  

By: Nadine James     23rd October 2018 Diversified miner Anglo American’s focus on driving efficiency and productivity across the business resulted in another strong quarter, with volumes for the third quarter 1% higher year-on-year, Anglo CE Mark Cutifani commented on Tuesday. “Production per employee has increased by 5% [so far this... 

Kumba on track to meet FY18 guidance 

By: Nadine James     23rd October 2018 Although rail constraints resulted in a reduction in export sales for Kumba Iron Ore during the third quarter ended September 30, the Anglo American subsidiary remains on track to meet its full-year guidance of producing between 43-million and 44-million tonnes of iron-ore. The iron-ore miner on... 

Transnet removes Gama as CEO

By: Reuters     22nd October 2018 The board of directors of South African state-owned logistics firm Transnet said it had removed Chief Executive Siyabonga Gama, who has been accused of misconduct in a multimillion-dollar deal. Transnet, which operates nearly three-quarters of the African rail network, the bulk of which is in... 

Major equipment for Guinea bauxite project delivered

By: Rebecca Campbell     19th October 2018 United Arab Emirates (UAE) group Emirates Global Aluminium (EGA) has announced that the single biggest piece of equipment for its Boké bauxite project has arrived in the Republic of Guinea, in West Africa. Boké is being developed by EGA subsidiary Guinea Alumina Corporation (GAC). The... 

BHP iron-ore output up, FY copper guidance trimmed

By: Esmarie Iannucci     17th October 2018 Diversified giant BHP has reported increases in copper and iron-ore production during the three months to September, while petroleum and coal production fell. Iron-ore production for the three months to September was up by 10% on the previous corresponding period, to 61-million tonnes of ore,... 

Oyu Tolgoi underground production delay announced

By: Mariaan Webb     16th October 2018 The $5.3-billion underground project at the Oyu Tolgoi copper/gold mine, in Mongolia, remains on schedule to be completed by 2022, but operator Rio Tinto has flagged a nine-month delay in achieving sustainable production. Rio Tinto-owned Turquoise Hill, which holds the giant mine in a 66:34... 

Canyon to take full ownership of Cameroon project

By: Esmarie Iannucci     12th October 2018 ASX-listed Canyon Resources has inked a letter of intent with its joint venture partner Altus Strategies to gain full ownership of the Birsok bauxite project, in Cameroon. Under the agreement, Canyon would issue Altus 15-million ordinary shares, and a further 100-million some 12 months after the... 

Eskom optimistic plan to boost coal stocks will prevent power outages

By: Paige Müller     12th October 2018 The continuing coal supply shortage at State-owned power utility Eskom Holdings is considered a crisis by industry commentators. Although conceding that it “is not an ideal situation”, Eskom has assured Parliament that it is implementing a recovery plan to prevent any unplanned capacity loss.... 

Eskom optimistic plan to boost coal stocks will prevent power outages

By: Paige Müller     12th October 2018 The continuing coal supply shortage at State-owned power utility Eskom Holdings is considered a crisis by industry commentators. Although conceding that it “is not an ideal situation”, Eskom has assured Parliament that it is implementing a recovery plan to prevent any unplanned capacity loss.... 

Transnet tests world’s longest manganese production train

By: Marleny Arnoldi     11th October 2018 Transnet Freight Rail (TFR) has successfully run a 375-wagon manganese train over a distance of 861 km from Sishen to Saldanha Bay. This formed part of the testing of the 4-km-long train, which will, once in operation, be a production train with the highest number of wagons in the world, and the... 

Altus to transfer Cameroon licences to Canyon

By: Marleny Arnoldi     11th October 2018 Aim- and TSX-V-listed Altus Strategies has signed a letter of intent with ASX-listed Canyon Resources to terminate its existing bauxite joint venture agreement with Canyon and to transfer 100% of Altus’ interest in the Birsok and Mandoum licences to Canyon. In return, Altus will receive up to... 

Mt Peake gets Native Title Agreement

By: Esmarie Iannucci     11th October 2018 ASX-listed TNG has signed Native Title Agreement for its Mount Peake vanadium/titanium/iron project, in the Northern Territory. The agreement was struck with the Central Land Council and the Eynewantheyne Aboriginal Corporation, the body corporate for the native title holders of the land. 

Blockchain tech coming to commodities, Masters tells LME

By: Bloomberg     10th October 2018 The blockchain is coming to commodity markets, Blythe Masters told guests at the London Metal Exchange annual dinner during LME Week. The virtual ledger technology underlying cryptocurrencies such as Bitcoin promises greater confidentiality, fewer paper exchanges, better provenance and a boost in... 

Indian State miners to form JV for power projects

By: Ajoy K Das     10th October 2018 Two of India’s largest State-run miners, Coal India Limited (CIL) and NLC Limited (formerly Neyveli Lignite Corporation Limited), have announced a joint venture (JV) to combine their respective strengths to implement thermal and renewable energy projects. According to mandatory filing with the... 

Hancock and Rio Tinto open new Pilbara mine

By: Esmarie Iannucci     9th October 2018 Miners Rio Tinto and Hancock Prospecting have opened the Baby Hope mine, marking the fourth mine to be developed at the Hope Downs operation, since the miners formed their Pilbara joint venture (JV) in mid-2005. The JV partners said that the development of the Baby Hope deposit would assist in... 

Balking miners jeopardise $2.8bn Mozambican coal rail

By: Bloomberg     5th October 2018 A plan to develop a $2.8-billion railway and port to ferry coal in Mozambique may collapse because miners are balking, according to the man trying to build it. Failing to get the project off the ground would deprive the southern African country of a source of revenue it’s come to rely on as it... 

Costs, limited markets hampering progress towards hydrogen economy

By: Schalk Burger     5th October 2018 The use of platinum group metals- (PGMs-) based fuel cells in electricity and mobility applications is expected to provide ample commercial opportunities for South Africa, in line with worldwide trends to decarbonise electricity generation and transport. However, the high cost of these... 

Makhado project’s environmental authorisation faces fresh appeal

By: Tasneem Bulbulia     28th September 2018 MC Mining plans to follow due process to have a fresh appeal against an environmental authorisation (EA) for its Makhado hard coking and thermal coal project dismissed. The appeal by what MC described as a “narrow interest group” has resulted in the suspension of the amended EA. 

India copper imports surge

By: Ajoy K Das     28th September 2018 Almost a third of India’s domestic demand for copper is being met through imports with local copper refiners facing a challenge to meet this cheaper inflow of the base metal into the country. “There has been a surge in copper imports particularly from countries that have signed free trade... 

Industry leaders to tackle concerns at Indaba

By: Paige Müller     28th September 2018 With the economy and Mining Charter front of mind, the 2018 Joburg Indaba – taking place from October 3 to 4 at the Inanda Club, in Johannesburg – will scrutinize the mining industry and the economy, says event organiser Resources 4 Africa. Key speakers will focus on diverse topics, with the... 

Local strides to hydrogen economy tempered by cost, industrialisation questions

By: Schalk Burger     27th September 2018 The use of platinum group metals-based fuel cells in electricity and mobility applications is expected to provide ample commercial opportunities for South Africa, in line with worldwide trends to decarbonise electricity generation and transport. However, the high cost of these technologies,... 

Trafigura Group helps re-establish historic African trade route

By: Tasneem Bulbulia     26th September 2018 Independent commodity trading group Trafigura has successfully taken the first step towards reopening one of Africa’s most historic trade routes, with a train journey that ended in the Angolan port of Lobito on Saturday, September 22. A cargo of 800 t of copper blister, bought by Trafigura from... 

Aveng reports strong market interest in most of its noncore assets 

By: Terence Creamer     26th September 2018 Following a series of capital markets transactions, which have helped stabilise Aveng’s precarious balance sheet, the JSE-listed infrastructure group has turned its attention to the disposal, by June 2019, of several noncore businesses, including its well-known construction business,... 

ELB partners with US Kymeta Corporation Global access, anytime, anywhere, while on the move

26th September 2018 ELB Engineering Services (Pty) Ltd (ELB) is pleased to announce the appointment of Kymeta Corporation (Kymeta) based in Redmond, Washington, USA as a technology partner. Kymeta has been recognized for its disruptive technology that is making mobile communications more accessible and secure... 

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