Indonesian steel manufacturer places furnace order

One of Indonesia’s largest steel manufacturers, Gunung Steel Group, has placed an order with global steel processing technology supplier SMS Siemag Germany for the supply of an Arccess electric arc furnace and a ladle furnace for its new...

Solwara 1 seafloor copper/gold project, Papua New Guinea

Nautilus has signed an offtake agreement with Chinese firm Tongling Nonferrous Metals for the product extracted from its Solwara 1 project.

Section 54 safety stoppage issue dominates Shabangu media conference

The issue of Section 54 mine safety stoppages and their unintended potentially hazardous consequences dominated a Minerals Ministry media conference here on Tuesday. In a case that the JSE-listed Northam Platinum brought against the Department of...

SA’s first online mining auction sells equipment worth R15m

Having secured about R20-million worth of stock and a 60.7% confirmation rate for its pilot mining and construction online auction, auction house Luxury Brands believes it has set new a precedent. Through its auction and asset sales and services...

Online auction achieves 60.7% confirmation rate on debut

A recently introduced online auction for original equipment manufacturer (OEM) mining equipment is set to eliminate the geographic hurdles associated with traditional on-site auctions.

Company Announcement: The Market for Smelting Works and Rolling Mills is picking up International Demand for German Tube System Technology

At an international level, the machinery and plant manufacturing sector was amongst those branches of industry affected most by the financial and economic crisis 2009. After overcoming the crisis, partial areas of the sector proved to be driving...

Acquisition brings new furnace technology to South Africa

Smelter engineering firm Metix has been able to provide the mining industry with technology that was previously not available in South Africa, following the company’s acquisition by global steel processing technology supplier SMS Siemag.

Solwara 1 seafloor copper/gold project, Papua New Guinea

Nautilus Minerals has reported that positive drill results have allowed it to raise its resource estimate at its Solwara 1 copper/gold project.

Solwara 1 seafloor copper/gold project, Papua New Guinea

The Solwara 1 project, off the coast of Papua New Guinea, is on track to start production by the end of 2013.

Company Announcement: Momentum 94.7 cycle challenge team

For the fifth year running, the SMS Siemag South Africa Cycling Team will be participating in the Momentum 94.7 Cycle Challenge during November 2011 in order to raise funds for the Baby Therapy Centre in Pretoria.

Company Announcement: SMS makes substantial investment in Africa through Metix acquisition

Leading smelter engineering firm, Metix looks set to gain substantial market share in the future, following the company’s acquisition by the international conglomerate, SMS Group.

Telecoms giant eager to enlarge footprint in mining

Telecommunications company MTN intends to increase its operations in the mining sector as the industry continues to use more electronic applications and is gradually demanding modern methods that simplify mining procedures