Global Mining News in real time

No imminent increase in global coal prices expected

By: Mia Breytenbach Owing to the current depressed coal prices and lower international demand for coal, the global coal export market is facing one of its poorest periods in many years, says Pretoria-based coal consultancy XMP Consulting senior analyst Xavier Prévost, who tells Mining Weekly that he does not foresee... 

Renewables repositioning to meet mining industry’s energy needs 

By: Creamer Media Reporter It is increasingly clear that mining and renewable energy are two businesses that belong together and, yet, figuring out the nuts and bolts of getting projects off the ground is not always easy. For many renewable-energy companies, the slow pace of approving projects poses an ongoing challenge.... 

Positive steps to secure South Africa’s future energy mix

Updated in November last year, the very ambitious Integrated Resources Plan for 2010-2030, states its main aim is to reduce South Africa’s reliance on coal in electricity generation to below 50% by 2030. In procuring renewable energy the Renewable Energy Independent Power Producer Procurement... 

Policy reliability made Botswana mine investment possible – Gem Diamonds

By: Martin Creamer Botswana’s policy reliability and investment certainty made it possible for Gem Diamonds to commit a billion pula to the initial phase of the country’s first underground diamond mine despite institutional funding having dried up in the aftermath of the world’s worst financial crisis. Learning... 

Gem opens Botswana’s first underground diamond mine

By: Martin Creamer London-listed diamond mining company Gem Diamonds on Friday officially opened its new Ghaghoo diamond mine, which is the first underground diamond mine in Botswana, the world’s leading diamond producer and home to the planet’s largest diamond operations. The 2 400 carats recovered so far sell in... 

Renewable-energy projects compete for capital in low-price milieu

By: Creamer Media Reporter Several industry pressures, ranging from greater competition for capital because of lower metal prices, to the expense of electrical energy storage, delay the widespread acceptance of renewable energy within the mining sector, Barrick Gold director of power projects Scott Fraser says. 

WorleyParsons consolidates EPCM offering in new HQ

By: Natalie Greve Establishing it as one of the largest engineering contractors in the country, engineering, procurement, construction and management (EPCM) group WorleyParsons has moved into its new, purpose-built South African headquarters in Melrose Arch, Johannesburg, consolidating its local project delivery... 

Goldcorp reducing costs by embracing renewable energy

By: Creamer Media Reporter Over the past 18 months, Goldcorp, based in Vancouver, has built the organisational infrastructure to manage its energy demands far more efficiently, explained corporate energy manager Flyn McCarthy. He discussed how Goldcorp measured energy costs and the various options under consideration now... 

Cronimet turns sod on large Namibian PV plant

By: Henry Lazenby Mining and energy solutions firm Cronimet Mining Power Solutions officially broke ground and began its engineering, procurement and construction (EPC) contracting activities for a large Namibian photovoltaic (PV) power plant on August 18. The PV project is located in Omburu, two hours north-west... 

B&W Instrumentation and Electrical

Established more than 40 years ago, B&W Instrumentation and Electrical has grown into one of South Africa’s largest specialist electrical and instrumentation (E&I) construction groups, with a footprint throughout South Africa and across Sub-Saharan Africa. 

Harmony Gold pilots bioenergy crops, Glencore mine stores wind energy, remote mines turning to renewables

By: Martin Creamer Harmony Gold pilots bioenergy; Glencore's Raglan installs wind energy storage; and solar and hydro also playing role in Africa 

Klüber Lubrication

German group Klüber Lubrication is one of the world’s leading manufacturers of speciality lubricants, offering high-end tribological solutions to virtually all industries and markets worldwide.  

R47-million bioenergy project under development by Harmony

By: Chantelle Kotze Gold miner Harmony Gold is implementing a R47-million bio-energy pilot scale project involving the procreation of bio crops, namely giant king grass and sugarbeet, on mine-impacted land and tailings in the Free State. 

Glencore builds Canada’s first large wind and energy storage facility

By: Creamer Media Reporter The decision to install a 3 MW wind turbine at Glencore’s Raglan mine came after nearly five years of careful investigation, assessment, and analysis, says Jean-Francois Verret, director of strategy, projects, and public affairs. Because of the Arctic conditions at the mining site, which sits on... 

Power generation now a ‘major focus’ for mines as fuel costs soar

By: Anine Vermeulen Owing to the increasing cost of conventional fuels in the mining industry such as diesel, power generation is becoming a major focus for mining companies, says renewable-energy solutions company MCD director Manuel Duggal. MCD recently designed and supervised the installation of a new heavy fuel... 

Iamgold to generate 15% of own electricity in 5 yrs – CEO Letwin

By: Creamer Media Reporter Toronto-based gold producer Iamgold president and CEO Steve Letwin is championing the use of renewable energy as an opportunity for gold mines to reduce costs – a proposition that the company is testing through its Rosebel gold mine, in Suriname. Although saving money is an imperative for all... 

Nedbank Capital set to raise energy exposure to cater for baseload 

By: Terence Creamer The investment banking business of Nedbank, which has a R20-billion exposure to South Africa’s renewable-energy market, expects to significantly increase funding limits in the South African energy space to create capacity for involvement in the upcoming coal and gas baseload programmes. Nedbank... 

Diesel-like hydrogen breakthrough rekindles platinum fuel-cell excitement 

By: Martin Creamer A breakthrough that gives stored hydrogen diesel-like characteristics for safe and efficient long-term energy storage is rekindling excitement that the introduction of new clean energy from platinum-based hydrogen fuel cells may be close at hand. Liquid organic hydrogen carrier (LOHC) technology... 

Access to water, electricity key risk for local mining and metals companies

By: Chantelle Kotze Although productivity has been identified as the top business risk facing mining and metals companies globally in advisory firm EY’s ‘Business risks facing mining and metals 2014/15’ report, access to water and electricity – a new entrant, ranking tenth on the list – emerged as one of the biggest... 

JV to look for renewables, energy efficiency opportunities for African mines

By: Anine Vermeulen Infrastructure solutions company Akhani Group signed a joint venture with South African energy management services company Energy Cybernetics in May to identify renewable-energy and energy efficiency opportunities for mining companies in sub-Saharan Africa. Akhani Group provides turnkey support... 

Replacing diesel with solar will yield cost savings for mines

By: Anine Vermeulen The majority of mines in Africa is mostly located in areas with a high solar resource, but many off-grid mining operations are burning diesel to power their operations, with high fuel and environmental costs, solar energy solutions company SolarReserve CEO Kevin Smith states in a ‘Renewables and... 

Renewables a serious option for African miners as energy costs, emissions rise

By: Anine Vermeulen Rising energy prices and supply constraints have forced mining companies operating in Africa to find new energy solutions that are affordable, consistent and secure. The mining companies are exploring renewable-energy integration as a means to not only address their affordability and security of... 

Enviro issues, resource decline and enegy and water scarcity may present growth opportunities

By: Zandile Mavuso Following concerns around mining companies having struggled to quantify the impacts of sustainability ‘megaforces’ on their mining operations, professional services firm KPMG highlights that if managed appropriately, these megaforces could provide unprecedented opportunities for growth, through... 

Renewables a serious option for African miners as energy costs, emissions come to the fore in African mining

By: Anine Vermeulen Rising energy prices and supply constraints have forced African mining operations to find new energy solutions for affordable, consistent and secure sources of energy. To address these concerns, mining companies operating on the African continent are exploring renewable-energy integration as a... 

DoE gears up for baseload-coal IPP procurement

By: Terence Creamer South Africa’s Department of Energy (DoE), which has invited potential coal independent power producers (IPPs) to register their prospective projects by July 25, plans to use the information to gauge alignment between the location of the proposed projects and Eskom’s capacity to connect the... 

African mining companies urged to go for full-scale renewables introduction

By: Anine Vermeulen African mining companies have a strong case for converting to 100% peak penetration of solar or wind energy, rather than implementing partial solutions that bring only small environmental and financial benefits, Siemens AG sales manager Fabrice Nicolas said at the Renewables and Mining Summit... 


By: Alida Odendaal Tenders for work in Asia  

Collective bargaining needs to be reinforced post strike, avers Trade and Industry Minister

By: Kim Cloete Trade and Industry Minister Dr Rob Davies is expecting an upswing in South Africa’s economy now that the five-month strike by members of the Association of Mineworkers and Construction Union in the platinum mining sector is nearing an end. He told journalists in Cape Town that, while the strike... 

Platinum strike experience should strengthen collective bargaining – Davies

By: Kim Cloete Trade and Industry Minister Dr Rob Davies is expecting an upswing in South Africa’s economy now that the five-month strike by members of the Association of Mineworkers and Construction Union in the platinum mining sector is nearing an end. He told journalists in Cape Town that, while the strike... 

Creamer Media publishes Electricity 2014 research report

By: Reinette Classen Creamer Media’s Electricity 2014 report provides insight into South Africa’s electricity generation, exploring the issues of State-owned power utility Eskom's generated power, coal supplies, electricity tariffs and demand-focused initiatives, as well as the Department of Energy's independent... 

Development of black junior coal sector now a matter of urgency

By: Chantelle Kotze Securing sufficient thermal coal for State-owned power utility Eskom to keep the lights on going forward is vital in the face of what coal commentators refer to as a projected Eskom coal supply ‘cliff’ from 2015 – a 60-million-ton yearly deficit in the required coal volumes for the country’s... 

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