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Nornickel exec says in talks with battery makers on investments, cooperation

By: Reuters     18th April 2018 Russia's Norilsk Nickel, or Nornickel, is in talks with battery makers over possible investment in its mining assets, but is also interested in downstream joint ventures in return, a company executive said on Wednesday. "We might be interested in having some deeper cooperation, say on the... 

Revitalised demand growth to buttress molybdenum prices

By: Reuters     4th April 2018 Healthy demand for molybdenum rich stainless steel, especially from the oil and gas industry, plus sluggish supply growth are expected to keep the price of this minor metal riding high. Molybdenum prices at nearly $13/lb are at their highest since 2014, having more than doubled since December 2015. 

Qld opens North West for exploration

By: Esmarie Swanepoel     28th March 2018 The Queensland government has opened up more than 1 000 km2 in the state’s North West minerals province for exploration. Mines Minister Dr Anthony Lynham on Wednesday announced the release of four areas totalling 1 100 km2 via competitive tender as part of Queensland’s annual exploration programme. 

OLI South Africa

     16th March 2018 As the world’s top-selling electric and pneumatic vibrators manufacturer, OLI guarantees a high level of customer service through its 19 OLI trading subsidiaries, 36 warehouses and five manufacturing plants worldwide. Equipment failures caused by inadequate corrosion protection have been reported... 

RNC's Mark Selby dispels myths regarding nickel demand as new EV markets beckon

By: Henry Lazenby     14th March 2018 Tightening long-term fundamentals for nickel are sketching a rosy picture for the stainless steel-making ingredient, as increased dependence from the burgeoning electric vehicle (EV) market adds a growing new demand stream in an already constrained supply scenario. RNC Minerals president and CEO... 

Chemical-resistance valves an imperative for processing plants

By: Marleny Arnoldi     9th March 2018 To meet mines’ and processing plants’ continuous need for robust and chemical-resistant products, thermoplastic pipeline products supplier Astore Keymak will start supplying Italian thermoplastic valve manufacturer Formatura Iniezone Polimeri’s (FIP’s) flanged DIALOCK (DK) diaphragm valves to the... 

Zone valves provide effective fire protection, reduce system cost

By: Marleny Arnoldi     9th March 2018 Fire-protection equipment supplier Fire & Security Techniques (FST) has introduced its Fire-Eater ZSV-25 local zone valve (ZSV-25) to the local market for use in systems where multiple zones in mines are protected by one fire-extinguishing cylinder bank.  

Outlook good for cash-flush Merafe

By: Martin Creamer     6th March 2018 Chrome and ferrochrome company Merafe, which has zero debt and R600-million cash on hand, sees ferrochrome prices being supported by the cost of production in China, solid projected stainless steel production growth and the absence of any major additional ferrochrome supply capacity coming on... 

Eastplats secures financing deal for Crocodile River Mine retreatment project

By: Megan van Wyngaardt     5th March 2018 Dual-listed Eastern Platinum (Eastplats) and its subsidiary Barplats Mines have entered into an agreement with Union Goal Offshore Solution for the construction, mining and processing of the tailings resource, and the subsequent offtake of chrome concentrate from the Barplats Zandfontein Upper... 

Soaring Merafe goes into cashflow orbit, lifts dividend 151%

By: Martin Creamer     5th March 2018 Chrome and ferrochrome company Merafe delivered exceptional results for 2017, setting new production, revenue, earnings before interest tax depreciation and amortisation (Ebitda) and dividend records. Cashflow from operating activities rocketed 179% to R1 400-million, compared with R502-million... 

EY's Mining Eye index puts in solid Q4; M&A activity muted ahead of PDAC

By: Henry Lazenby     28th February 2018 The EY Canadian Mining Eye index has showed a fourth-quarter gain of more than 2% quarter-on-quarter, to 4%. The increase in the Canadian Mining Eye index's performance suggests confidence in pursuing growth is returning to the sector, after an extended period of volatility, according to EY. The... 

Extreme Cleaning Pays Off

     22nd February 2018 In a major breakthrough in mine site cleaning, Australian Pump has announced an expansion in their Aussie Mine Spec Extreme series. The range of continuous duty hydro-blasters now includes the big Aussie 4,300 psi Python with a huge 31 lpm that delivers real cleaning whack. The combination of... 

Volumes, dollar prices keep rand at bay for divi-hoisting Assore

By: Martin Creamer     21st February 2018 Improved volumes and better dollar prices proved sufficient for mining holding company Assore to keep rand strength at bay in posting strong headline earnings growth and a sharp interim dividend increase. The company's half-year results were highlighted by a 12% rise in headline earnings, a... 

Aussie Exports Test Gear

     19th February 2018 Australian Pump Industries announced a major contract for supply of 500 bar hydrostatic test gear for the Middle East.  Conceived, designed and built at Australian Pump Industry’s 2.5 acre Sydney manufacturing base and headquarters, the big machines were chosen against stiff competition from both... 

Major projects rely on SMEIPP expertise from Tubular

     9th February 2018 Tubular’s expertise, resources and in-house self-sustainable facilities make the company the preferred choice for major capital projects requiring structural steelwork, mechanical, electrical, instrumentation, platework and piping (SMEIPP) solutions. Tubular are specialists in the supply of... 

China's war on noxious smog stokes rally in minor metals

By: Reuters     7th February 2018 China's environmental crackdown is curbing supplies of minor metals such as steel-making ingredient vanadium and defence equipment material germanium, and fuelling an already potent price rally which shows no sign of abating. Strict environmental rules and inspections to ensure standards are... 

On-The-Air (02/02/2018) 

By: Martin Creamer     2nd February 2018 Tharisa Minerals this week launched a R760-million strategy to boost South African chrome supply; De Beers long wait for diamond exploration licences is over, thanks to the new winds of political change; It's been another record-breaking coal export year for South Africa's Richards Bay Coal... 

Tharisa entering multi-project PGM-chrome growth phase

By: Martin Creamer     31st January 2018 Platinum group metals (PGMs) and chrome co-producer Tharisa Minerals, which predicts that a global chrome ore deficit is on the horizon, has published details of its strategic Vision 2020 growth thrust. “Tharisa is entering an exciting growth phase,” CEO Phoevos Pouroulis said in the release to... 

China demand and tight supplies set to sustain nickel price rally

By: Reuters     30th January 2018 A combination of surging China imports, tighter supplies and fund interest are expected to sustain prices of stainless steel ingredient nickel, which have reached their highest level in more than two years. Benchmark nickel on the London Metal Exchange hit $14 040/t on Monday, the highest since... 

Chrome ore supply deficit ahead – Tharisa

By: Martin Creamer     30th January 2018 Platinum-group metals (PGMs) and chrome coproducer Tharisa Minerals CEO Phoevos Pouroulis is predicting a shortage of chrome ore supply in the short to medium term, driven by burgeoning stainless steel demand. Chrome ore is fundamental to the manufacture of stainless steel, demand for which is... 

South African company building new smelter in Zimbabwe

By: Victor Moolman     19th January 2018 Foundry and engineering company Thos Begbie is working in the Great Dyke of Zimbabwe, close to the town of Shurungwi, where it is helping to construct the Unki platinum smelter, adjacent to a mining operation owned by platinum mining company Anglo American Platinum (Amplats). Thos Begbie was... 

Top China nickel producer joins BHP in prepping for EV boom

By: Bloomberg     18th January 2018 China’s top nickel supplier aims to boost output of a material used in car batteries by 40% this year, joining the ranks of global producers ramping up operations to meet demand from electric vehicles. Jinchuan Group Co expects to raise production of nickel sulphate to 70 000 metric tons from 50... 

RNC in talks with financiers, market participants for Dumont construction decision by 2019

By: Henry Lazenby     15th January 2018 Diversified Canadian miner RNC Minerals is engaging a number of potential strategic investors, offtake partners and financiers who could provide the $1.3-billion capital financing required to start construction of the shovel-ready Dumont nickel/cobalt project, in the Abitibi region of Quebec. The... 

Regency eyes larger role in EV market

By: Natasha Odendaal     11th January 2018 London-listed Regency Mines plans to reposition itself to fully leverage the mineral resources to be used in the rising electric vehicle (EV) batteries and related energy technologies. The company on Thursday said in an update to shareholders that it aimed to rebrand its nickel/cobalt and related... 

The No.1 miner is building an EV hub it doesn't want to keep

By: Bloomberg     11th January 2018 Electric vehicles could hold the key to BHP Billiton finally finding a buyer for its unwanted nickel operations. The world’s top miner is accelerating plans to transform Nickel West in Western Australia into a linchpin of the global supply chain for EV batteries. The switch in focus promises to... 

Tharisa enters 2018 with a bang

By: Martin Creamer     10th January 2018 The market fundamentals for chrome remain sound with continued growth forecast for the global stainless steel industry, Tharisa said on Wednesday, when it reported a strong operational performance in the three months to December 31. The Johannesburg Stock Exchange-listed chrome and platinum group... 

Incledon Bloemfontein to be launched officially in the New Year

     8th January 2018 Incledon Bloemfontein began operating in November 2017, and will be launched officially in January 2018. It will service the civil, irrigation, mining, and industrial markets in the key Free State area, according to Branch Manager Conrad Wendelstadt. With 19 years’ experience in the pump and... 

SP Angel outlines key 2018 trends as battery raw materials heat up

By: Creamer Media Reporter      21st December 2017 London-based brokerage SP Angel has outlined the key trends that characterised the basket of energy metals during 2017 and the the outlook for 2018 in its new ‘Battery Raw Material Review, Outlook – SP Angel Commodity Research Book’ published on Wednesday. The report pointed out that the... 

Glencore guiding soaring 2018 earnings

By: Martin Creamer     12th December 2017 Diversified mining and marketing company Glencore sees itself as being best placed for the electric vehicle revolution through its ‘tier 1’ copper, cobalt, nickel, zinc and thermal coal assets. The company said in an investor day update on Tuesday that sustainably low-cost and long-life first... 

SA Hippo Founder Celebrates 38 Years Of Innovative Manufacturing.

     11th December 2017   Hazleton Pumps International (Pty) Ltd previously known as Electro-Mech (Pty) Ltd was registered on 23 October 1979 with electrical and mechanical contracting being the main business activities of the company. Electro-Mech further expanded the business to include borehole drilling and the... 

SA stainless steel industry worth $3bn, 100 000 jobs

By: Dylan Slater     8th December 2017 The South African stainless steel industry is “very important” in employing people and growing the economy through exports and the local manufacturing of products, says South African Stainless Steel Development Association CEO John Tarboton.  

Oil and gas a key market for specialist steam trap

By: Robyn Wilkinson     1st December 2017 Cape Town-based steam system provider Delta Steam Systems (DSS) is gearing up for a large uptake of orders for its specialist steam traps, following the successful completion of several one- and two-year trial studies at oil and gas plants worldwide, including in South Africa, says DSS MD Bryan... 

A stainless steel industry in Nigeria would be ‘driver of economic development’

By: Dylan Slater     1st December 2017 Nigeria’s mineral wealth of nickel, chromium and molybdenum is positioning the country to be an “investment and foreign exchange haven”, according to Stainless Steel Importers, Installers and Sellers Association of Nigeria (Sisan) director-general Timothy Onwughai.  

Resources Watch 

     23rd November 2017 This week: Afritin targets Africa tin champion title, Namibia project upscaled to commercial production And, South Africa crucial to global chrome supply, Chromium 2017 hears 

Metals billionaire to win whether electric cars boom or bust

By: Bloomberg     22nd November 2017 There are two major reasons mining billionaire Vladimir Potanin is within a hair’s breadth of regaining his ranking as Russia’s richest tycoon this year. One is higher prices for nickel used in batteries as metals traders bet electric vehicles are the future of transportation. The other is a... 

Network Video Surveillance Provides Business Intelligence To Today’s Mining Community

     15th November 2017 Today’s mining sector remains under constant threat. The ever present, and growing, number of illegal miners make efficient and effective security essential. “This is as critical for open mine shafts as it is for inefficient or temporarily closed ones,” says Roy Alves, Country Manager at Axis... 

Tharisa expects higher earnings

By: Martin Creamer     14th November 2017 Platinum group metals (PGM) and chrome coproducer Tharisa on Tuesday informed the market of higher upcoming 2017 financial year earnings. The company, headed by CEO Phoevos Pouroulis, foresees substantially higher earnings per share and headline earnings per share in US cents of 21c to 23c,... 

South Africa crucial to global chrome supply, Chromium 2017 hears 

By: Martin Creamer     10th November 2017 South Africa is an irreplaceable supplier of chrome ore and ferrochrome, which is, in turn, an irreplaceable component of China-dominated stainless steel production, global delegates to last week’s well-attended Chromium 2017 conference heard. South Africa, as the dominant global chrome producer,... 

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