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AfriForum moves against fracking regulation

By: RDM News Wire AfriForum has taken its fight against fracking a step further. The group released a statement on Friday saying it had‚ together with the Treasure the Karoo Action Group (TKAG)‚ submitted documentation at the North Gauteng High Court “challenging the regulations with regard to petroleum... 

Kganyago warns of ‘exaggerated’ rand reaction to likely Fed hike

By: Terence Creamer South African Reserve Bank governor Lesetja Kganyago believes the reaction of the rand to a possible hike in interest rates by the US Federal Reserve (Fed) in mid-December could be “exaggerated”, but says the bank has no plans intervene in support of the currency. Speaking to editors on Friday,... 

Resgen gets new management team

By: Esmarie Swanepoel A new chairperson, deputy chairperson, interim CEO and company secretary have been appointed to dual-listed Resource Generation (Resgen) following a successful board spill earlier this week. Shareholders Noble Group, Altius Investment Holdings and the Public Investment Corporation on Thursday... 

On-The-Air (27/11/2015)

By: Martin Creamer Imported gas is being earmarked to kickstart South Africa’s new gas-to-power electricity vision; Natural gas is to be used as a transport fuel to bus children to school in the Free State; Gold Fields is building a 3D model so that investors can see exactly what’s going on 3 km underground while... 

Imported LNG set to kickstart gas-to-power vision

By: Sashnee Moodley Creamer Media's Sashnee Moodley speaks to Mining Weekly Editor Martin Creamer about imported liquefied natural gas initiating greater gas use in South Africa. 

Afro Energy granted bulk gas sampling permission

By: Zandile Mavuso Following the Department of Mineral Resources (DMR) granting joint venture (JV) gas company Afro Energy bulk gas sampling permission for 500 mmscf/y over the next two years, the company believes that the early stage revenue sales from the permit will provide an initial gross cash flow of about... 

ELB Engineering to start construction of Indonesian coal-drying plant in first quarter of 2016

By: Ilan Solomons Engineered solutions provider ELB Engineering Services will likely start construction of a 250 t/h coal drying plant during the first quarter of 2016 at a coal mine in Indonesia and the project is expected to take about 12 months to 18 months to complete, says ELB process engineer Bea Moolman.... 

Fortification of west-to-east exploration trend needs oil price revival

By: Dylan Stewart There has been a definite shift in oil and gas exploration from the west to the east coast of Africa in the past five years; however, a revival of the depressed oil price is needed to accelerate exploration and make projects viable, says professional services network PwC oil and gas advisory... 

High incidence of lung diseases among SA mineworkers

By: Ilan Solomons Surveillance is important for monitoring the trends of diseases. As technology has advanced, the use of routinely collected administrative data, such as medical insurance and compensation records, for research and surveillance has gained momentum. In South Africa, there are high levels of... 

Laboratory solutions provider expands despite commodity price slump

By: Dylan Slater Laboratory solutions provider Tramecon is extending its service offering and warehouse capacity, in line with increased demand from the mining industry and despite the current industry slump brought on by the downturn in commodity prices.  

Latest Equatorial Guinea consortium partner underscores global interest

South Africa-based oil and gas producer SacOil’s entry as the fourth partner company to enter the Bioko oil terminal project signals the international interest in this facility, says Equitorial Guinea Mines, Industry and Energy Minister Gabriel Mbaga Obiang Lima. The facility will serve the huge... 

Lean economic times create opportunity

By: Dylan Stewart Owing to the extensive cost-cutting in the oil and gas industry, specialist oil and gas travel management company (TMC) Wings Travel Management says companies operating in the sector have expressed greater interest its in-depth consultations to reduce travel costs. 

Lifting expert to perform New Year’s Day loadout for Angolan client

By: Dylan Stewart Industrial lifting expert Mammoet is scheduled to perform the second of two load-outs on the upper module of an offshore oil platform belonging to Paenal Shipyard, off the coast of Angola, on New Years Day. 

Machel urges civil society organisations to play more active role in natural resources sector

By: Ilan Solomons Civil society organisations (CSOs) must advocate for balanced ownership of natural resources, as these resources belong to the people of Africa, stated Graça Machel Trust founder Graça Machel. Machel spoke as part of a panel at the African Natural Resources Center of the African Development... 

Operation Phakisa advancement emphasised

Government’s Operation Phakisa, which is expected to unlock the economic potential of South Africa’s oceans and, thereby, advance offshore oil and gas exploration, “should be implemented without much delay”, notes the Coega Development Corporation (CDC), whose industrial development zone (IDZ) in... 

Sasol moves ahead with planning to explore new Moz gas blocks

By: Dylan Stewart Petrochemicals giant Sasol is gearing up to exploit its successful bids in Mozambique while the exploration and production concession contract (EPCC) is finalised. 


Tramecon is a turnkey laboratory solutions provider, servicing mining projects worldwide from its wholly owned Randburg facility, comprising two mini factories covering 400 m2. The company has recently supplied South Africa-based product logistics monitoring for a Democratic Republic of Congo... 

CoM to engage with EFF on demands

By: Megan van Wyngaardt The Chamber of Mines (CoM) has welcomed the opportunity to meet directly with the leadership of the Economic Freedom Fighters (EFF) to discuss the matters raised in a memorandum of demands handed to the chamber in October. “While marches and memoranda play an important role in the life of any... 

S African mining industry future looks scary – Baleni

By: African News Agency The future looks scary in the mining industry, former National Union of Mineworkers (NUM) general secretary Frans Baleni said on Thursday. “The mining industry is in ICU [Intensive Care Unit], commodity (prices) are low. It will takes three to five years to recover. The future looks scary,” he said. 

CoAL launches A$126.4m competing bid for Universal Coal

By: Esmarie Swanepoel South Africa-focused coal miner Universal Coal on Thursday revealed that Coal of Africa (CoAL) is the suitor offering a competing bid to that of IchorCoal. CoAL has formally launched its takeover offer, which values Universal at about A$126.4-million. 

Resources Watch

The Fed hike could knock gold price down to $1 000/oz; Banks offer up R12-billion in Transnet deal; And, Lets rebuild mining together says Rick Menell 

Electra Mining Africa is best attended trade show

  UFI-audited figures for Electra Mining Africa 2014 confirm that Electra Mining Africa is still the best attended trade show in Southern Africa. As the biggest mining, industrial, machine tools, electrical and power trade show in Southern Africa and ranked as one of the world’s largest mining... 

Gold Fields to build 3D model of huge South Deep mine

By: Martin Creamer A three-dimensional (3D) visualisation model of the large South Deep gold mine is poised to be the high point of a series of modernisation steps taken by the Gold Fields operation, which last week helped the share price of the Johannesburg- and New York-listed gold mining company to take its... 

Botswana set to draw water from Lesotho Highlands Project

By: African News Agency Arid Botswana has finalised a deal with South Africa and Lesotho to tap some of the water from the Lesotho Highlands Water Project. Botswana’s Minister of Mineral, Energy and Water Resources Minister, Onkodame Kitso Mokaila confirmed this at a conference in Gaborone on the diamond industry. 

Jib Crane Conserves Marine Life

A Condra jib crane installed on a small island off the South African coast is rendering sterling service to ornithological teams visiting and conserving marine bird colonies which nest and breed there. Installed with a motorised 360-degree slew on Bird Island, eight kilometres offshore from Woody... 

Motsepe Foundation provides R117m for schools sport, culture programmes 

By: David Oliveira The Motsepe Foundation has committed about R117.5-million to the Department of Basic Education (DBE) for sports and music development at schools across South Africa. Basic Education Minister Angie Motshekga received the donation from the foundation’s cofounder and JSE-listed mining firm African... 

Imported LNG set to kickstart gas-to-power vision – Sasol

By: Martin Creamer Imported liquefied natural gas (LNG) is expected to initiate the greater use of gas in South Africa’s currently coal-dominated electricity generation. Anticipated is the establishment of infrastructure at South African ports, such as Saldanha Bay, Coega or Richards Bay, to facilitate the... 

Namibia retains focus on securing diamond value-add locally

By: Ilan Solomons The local beneficiation of Namibia’s diamonds remained a top priority for government and industry stakeholders, Namibia Diamond Commissioner Kennedy Hamutenya said on Tuesday. Speaking to Mining Weekly Online from the International Diamond Conference 2015, which is being held in Windhoek,... 

Eskom plans ten-year tariff submission while pushing ahead with two claw-back bids 

By: Terence Creamer State-owned electricity producer Eskom plans to make an early fourth multiyear price determination (MYPD4) application to the National Energy Regulator of South Africa (Nersa) and also extend the tariff horizon in the submission to ten years, CFO Anoj Singh said on Tuesday. The current MYPD3... 

Platinum market deficit set to evaporate in 2016 – WPIC

By: Reuters The platinum market deficit will shrink this year, before moving into a small surplus in 2016 as supply from mining and recycling rises and investment falls, the World Platinum Investment Council said in a report on Tuesday. While the WPIC does not forecast prices, a move back to near-balance... 

Universal's second offer days away

By: Esmarie Swanepoel Takeover target Universal Coal was one step closer to securing a competing takeover bid, announcing on Tuesday that the interested un-named third party had completed a satisfactory due diligence. Universal has consistently rejected a takeover offer from shareholder IchorCoal, which was offering... 

Banks offer up R12bn in Transnet deal as parastatal eyes R500bn spend over coming decade 

By: Natalie Greve Boosting the coffers earmarked for its ambitious locomotive fleet acquisition programme, State-owned logistics group Transnet has announced the successful conclusion of a R12-billion club loan with five of the country’s major financial institutions, ratifying what the parastatal described as... 

Botswana to award contract for 300 MW coal-fired power plant

By: Reuters Botswana will award a contract to build a 300 MW coal-fired power station this week that could transform the southern African nation to be an exporter of electricity by 2018, the mining and energy minister said on Monday. "Hopefully the decision will be made by Thursday," Mining, energy and water... 

Eskom secures R2.3bn in development finance from French agency 

By: Terence Creamer South African electricity utility Eskom has secured a R2.3-billion (€150-million) long-term loan from French development financier Agence Française de Développement (AFD) to support distribution projects in Eastern Cape, KwaZulu-Natal and Limpopo. CEO Brian Molefe said the 25-year facility had... 

Foreign acquisition divides Indian private and public sector companies

By: Ajoy K Das The Indian government has called upon domestic mineral and mining companies to step up the acquisition of overseas assets, again showing up strategic differences between public and private companies. Addressing representatives from the sector, India’s junior Steel and Mines Minister Vishnu Deo... 

Creamer Media publishes Water 2015: A review of South Africa's water sector research report 

By: Creamer Media Reporter Creamer Media’s Water 2015 Report considers the aforementioned issues, not only in the South African context but also in the African and global context in terms of supply and demand, water stress and insecurity, and access to water and sanitation, besides others. 

Free State gas to be used soon for transporting miners, school children 

By: Terence Creamer Alternative energy investment holding company Renergen expects its natural gas venture in the Free State to begin producing revenues during early 2016 when a bus company starts using its gas to operate a new fleet of compressed natural gas (CNG) vehicles, which will be used to transport miners... 

PTM to start WBJV Project 1 hot commissioning after closing $80m financing 

By: Henry Lazenby Project developer Platinum Group Metals (PTM) will start with hot commissioning of the Western Bushveld Joint Venture (WBJV) Project 1 plant, near Rustenburg, South Africa, after closing and drawing down $80-million in separate financing deals on Friday. "We are very pleased to complete this... 

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