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Classic finds solutions for Forrestania

By: Esmarie Swanepoel     10th April 2017 Junior Classic Minerals is advancing work on its Forrestania gold project, in Western Australia, and on Monday announced a toll treatment agreement. The company said it had secured toll treatment with the Lakewood processing plant, owned by Golden Mile Milling. 

Slag use in building system offers multiple benefits

     31st March 2017 Alternative construction system company Moladi has developed a means of incorporating mine slag into its Moladi mix, offering mining companies a viable method for recycling their waste material and reduced construction costs when developing mine-site accommodation. Moladi founder and CEO Hennie... 

DA to ask public protector to investigate Eskom acting CEO’s R1bn deals to stepdaughter 

By: African News Agency      27th March 2017 The Democratic Alliance will ask Public Protector Busisiwe Mkhwebane to launch an investigation into Eskom acting CEO Matshela Koko for allegedly awarding tenders worth R1-billion to Impulse International, a company of which his stepdaughter is a director, the party said on Sunday. “Impulse... 

New Bill on way to boost State involvement in mining

By: Martin Creamer     10th February 2017 A new Bill is to be presented to the South African Parliament to strengthen the State’s role in the industry, currently dogged by legislative, regulatory and administrative tensions between government, business and labour. The Mining Company of South Africa Bill will be presented to Cabinet and... 

Mining won’t be bullied into submission – Froneman 

By: Martin Creamer     7th February 2017 South Africa’s mining industry will not be bullied and beaten into submission and all stakeholders have a role to play to improve the South African situation, Chamber of Mines (CoM) VP and Sibanye Gold CEO Neal Froneman said on Tuesday. Speaking assertively at the Investing in African Mining... 

Downturn allows for focus on research, design enhancement

By: Nadine James     3rd February 2017 Agitator and pump manufacturer AFX Mixing and Pumping Technologies, a division of AFX Holdings, has used the mining downturn to focus on its research and development (R&D) initiatives. AFX director and pumps specialist Toby Frostwick says while the company’s commitment to its R&D outcomes and... 

TSX notches small gain as materials stocks rise

By: Reuters     23rd December 2016 Canada's main stock index edged higher in morning trade on Friday as materials stocks led a broad but shallow rally and some heavyweight financial shares slipped. At 10:07 am ET, the Toronto Stock Exchange's S&P/TSX composite index was up 23.84 points, or 0.16%, at 15 359.07. It is on track for... 

As competition for streaming deals intensifies, Silver Wheaton willing to step back, look to consolidate

By: Henry Lazenby     17th December 2016 The pioneer and largest proponent of the precious metals streaming model is willing to step back from current frenzied activity by several new market entrants, each vying to get a foot in the door. “To quote one of the bankers: ‘they [new market entrants] have a very strong need to transact’,”... 

Iron-ore’s party gives way to hangover as China stockpiles surge

By: Bloomberg     21st November 2016 For iron-ore, it is the morning after the night before. Prices have given up most of the gains inspired by Donald Trump’s surprise win and a speculative frenzy in China, with a surge in port stockpiles in the top user reminding investors that fundamentals still count. “The speed of the recent... 

Tradecore Steel Milestone: Celebrating 1 Year Trading

     2nd November 2016 01 November 2016 marks the first 1st anniversary for TradeCore Steel. Tradecore Steel has grown from a small trading facility to an internationally recognized supplier of steel products. TradeCore Steel (Pty) Ltd opened its doors as a privately-owned steel trading and distribution company in... 

Glen Eagle subsidiary acquires additional land in Honduras to expand gold processing plant

By: Anine Kilian     7th October 2016 TSX-listed Glen Eagle Resources has acquired 15 000 m2 of land to expand its gold processing plant in Choluteka, Honduras. The company announced on Thursday that its wholly owned subsidiary Cobra Oro had bought the land, enabling the subsidiary to acquire its own free trade zone, reinforcing its... 

Fall-of-ground accident study, commodity improvement, local continuous miner debuts

By: Martin Creamer     30th September 2016 Risk-based support design methodology is being imparted to rock engineering practitioners in the platinum sector; a better commodity environment is being discerned; and a new local continuous miner for trhe coal industry is being introduced. 

SA’s cost-of-doing-business ranking badly down – Chamber

By: Martin Creamer     20th September 2016 South Africa has plummeted to an abysmally low level in the World Bank’s 160-country cost-of-doing-business rankings. On the bank’s Doing Business scale, which measures the fitness of a country’s economy to grow and compete, South Africa has tumbled 15 notches since 2007, from position number 58,... 

Murray & Roberts Cements Leading Position In Mining Infrastructure

     19th September 2016 Murray & Roberts Cementation has completed another milestone project for leading South African coal miner, Sasol Mining. It took Murray & Roberts Cementation one year to excavate, support and equip a 1 500 ton underground bunker and box front with its associated infrastructure at Impumelelo mine.... 

Siemens Integrated Drive Solutions 

     12th September 2016 Some of the innovations that will be presented at the event include integrated drive systems, couplings, automation systems and motors, including the demonstration of the newly launched process automation mobile unit outside Hall 7. 

Siemens 

     12th September 2016 As part of the biggest mining and industrial trade show in Africa, Siemens will be presenting its drive and automation technologies at Electra Mining 2016.  

Anglo American’s Gahcho Kué to provide C$6.7bn boost to Canadian economy

By: Henry Lazenby     9th September 2016 A new report by professional services firm EY has calculated that the world’s largest new diamond mine under construction in Canada’s Northwest Territories (NWT), Gahcho Kué, will provide a C$6.7-billion boost to the Canadian economy. “Diamonds are perhaps one of Canada’s best kept secrets, yet,... 

Integrating training technology into mining operations

     26th August 2016 Training technologies provider ThoroughTec Simulation will be demonstrating a number of new developments at Electra Mining Africa 2016, reinforcing the company’s drive to provide mines with powerful training and workforce development technologies. 

Mining complex refurbished with no major delays

     19th August 2016 Eleven products from specialist chemicals company Sika have been used in the refurbishment of platinum producer Impala Platinum’s (Implats’) Rustenburg operations, a 14-shaft complex in the Bushveld Igneous Complex near Rustenburg, which was completed in June. Since this active platinum... 

BofAML rejigs commodity price deck as global economic shocks favour gold over base metals

By: Henry Lazenby     8th July 2016 Bank of America Merrill Lynch (BofAML) has adjusted the price forecast for most mined commodities, citing increased market uncertainty favouring precious metals over the base metals pricing outlook. So far this year, mined commodities have rallied sharply, reinforcing analysts’ view that... 

Tradecore Steel (Pty) Ltd Launches In Johannesburg

     3rd June 2016 TradeCore Steel (Pty) Ltd recently opened its doors as a privately-owned steel trading and distribution company in Wadeville, Johannesburg. The company’s core offering is the physical bulk trading and local and cross-border logistics and distribution of steel sourced from third party producers,... 

Quest for living wage, need to contain costs overshadow upcoming platinum pay talks

By: David Oliveira     3rd June 2016 Striking a balance between workers receiving a living wage in line with the national inflation rate and avoid mass job cuts, owing to cash-strapped mining houses looking to reduce costs, remains a major concern for labour unions and platinum miners as wage negotiations loom. The current wage... 

Quest for living wage, need to contain costs overshadow upcoming platinum pay talks

By: David Oliveira     3rd June 2016 Striking a balance between workers receiving a living wage in line with the national inflation rate and the threat of mass job cuts, owing to cash-strapped mining houses looking to reduce costs, remains a major concern for labour unions and platinum miners. The current wage agreement, which was... 

Commodity price indices rally as oil picks up where metals left off

By: Henry Lazenby     27th May 2016 Commodity price indices have rallied in recent weeks as strong performance by oil softened the lull in metals price movements. Scotiabank's commodity price index had improved by 4.5% month-on-month in April as energy gains more than offset metals weakness. 

Kal Tire’s Mining Tire Group Attends Electra Africa, MINExpo

     17th May 2016 Award-winning Ultra Repair™, new recycling solution among the developments showcased by the international mining tire specialists. Kal Tire’s Mining Tire Group, a world leader in mining tire management and supply, will be showcasing several of its newest innovations designed to help maximize tire... 

Draft Mining Charter under intense legal scrutiny

By: Martin Creamer     10th May 2016 The possible far-reaching implications for the mining industry of the new draft Mining Charter came under intense scrutiny in Johannesburg on Tuesday when a team of lawyers discussed the various changes contained in the draft and focused in particular on its attempt to align the mining industry –... 

AMSA confirms another round of steel price increases from May 1

By: Terence Creamer     19th April 2016 Steel producer ArcelorMittal South Africa (AMSA) has confirmed yet another round of price increases on both flat- and long-steel products, announcing average increases of 10% from May 1 and reinforcing what has become an established pricing trend since the start of 2016. However, acting CEO Dean... 

Lincoln inches closer to Kookaburra Gully development

By: Esmarie Swanepoel     6th April 2016 Graphite developer Lincoln Minerals has signed a memorandum of understanding (MoU) with the District Council of Tumby Bay, in South Australia, over the proposed Kookaburra Gully graphite mine. The MoU provided a framework for both parties to work together on the road, power and water... 

Push to supply longer-term lodgings  

By: Malusi Mkhize     24th March 2016 Housing and building construction system company Moladi believes mining companies, which are currently dealing with the commodities downturn, should invest in longer-term building solutions for the purpose of on-site accommodation, as opposed to more traditional prefabricated modular buildings.... 

Big Pours For Big Trucks

     22nd March 2016 Murray & Roberts Infrastructure, a division of Murray & Roberts Construction, was involved in the civil construction works that support the development of a Heavy Mining Equipment filling station and two diesel storage tanks at Kumba’s Sishen iron ore mine. Part of Murray & Roberts Construction,... 

AMSA insists market changes, not protection behind April steel hikes 

By: Terence Creamer     16th March 2016 Steel producer ArcelorMittal South Africa (AMSA) informed its customers this week that it would be increasing prices on a range of steel products by up to 11% from April 1, but the JSE-listed group insisted that the hikes had nothing to do with recent increases in tariff protection from 0% to 10%... 

Manufacturer stresses safe pinch valve operation

By: Dylan Slater     4th March 2016 An increasing number of pinch valves – which are used widely in the mining industry to control the flow of slurries – are being supplied for high-pressure applications. Germiston-based pinch valve manufacturer Corflex MD Chris Webber believes engineers should be made aware of this trend, as the... 

Crusader raise defies market sentiment

By: Esmarie Swanepoel     2nd March 2016 Junior explorer Crusader Resources has raised some A$5.5-million through a share placement, with the company announcing plans to issue some 55-million shares, at a price of 10c each. The share placement would take place in two tranches, with the first 13.6-million shares being placed under the... 

NSL signs MoU with Indian state govt

By: Esmarie Swanepoel     14th January 2016 Junior iron-ore producer NSL Consolidated has signed a memorandum of understanding (MoU) with the state government of Andhra Pradesh, in India, to support the iron-ore growth strategy within the state. The MoU covers the mining, beneficiation and pelletisation of low-grade iron-ores in the... 

Work under way at Liberian iron-ore play

     4th December 2015 Iron-ore mining company Cavalla Resources has started work on its newly acquired Liberia-based iron-ore project Goe Fantro, which is scheduled to be brought into production by 2018. The company notes on its website that the Goe Fantro 2016/ 2017 work programme will consist of infill drilling of... 

Two leading steel re-rollers to oppose application for 10% duty on hot-rolled coil

By: Terence Creamer     12th November 2015 Two leading steel processing companies will make a submission to International Trade Administration Commission of South Africa (Itac) to voice their objection to ArcelorMittal South Africa’s (AMSA’s) application for tariff protection of 10% on hot-rolled coil (HRC). HRC is the flat-steel product... 

Worker dies at Sherritt’s Ambatovy operation, Madagascar

By: Henry Lazenby     21st August 2015 A contract worker has died from head injuries after being struck by a falling tree at diversified miner Sherritt International’s Ambatovy joint-venture (JV) project, in Madagascar. TSX-listed Sherritt reported that an employee of a tree-clearing contractor was working  in a future mining area on... 

AMSA makes yet more submissions to Itac for steel protection

By: Terence Creamer     5th August 2015 Steel producer ArcelorMittal South Africa (AMSA) has confirmed the submission of seven new applications to the International Trade Administration Commission of South Africa (Itac) for an increase of customs duties on certain steel products to 10%. The new submissions cover plate, hot-rolled coil,... 

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