R/€ = 14.90 Change: -0.06
R/$ = 12.17 Change: -0.04
Au 1331.72 $/oz Change: -4.73
Pt 1012.50 $/oz Change: -0.51


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 Dumond 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... 

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,... 

SA Hippo Flameproof Submersible Pumps Exported Has A 98% Local Content.

     9th November 2017 The HIPPO Flameproof Submersible Slurry Pump Range which has been designed, developed and manufactured in South Africa has a minimum of 98% local content – with only the bearings and mechanical seals being imported. All manufactured components for the HIPPO Pump Range have a 100% local content... 

EY's Canadian Mining Eye Index trends positively in Q3

By: Creamer Media Reporter      9th November 2017 The EY Canadian Mining Eye index gained 2% during the third quarter, following a 7% decline in the prior period. The gain was driven by increases across the board in precious and base metals. "As commodity prices continue to increase, appetite for investment in existing projects is expected to... 

Zimbabwe invites investment in underground chrome mining 

By: Martin Creamer     8th November 2017 Zimbabwe on Wednesday invited investors to focus on underground chromium operations rather than cheaper strip mining operations, from which most of the country’s chromium ore is currently extracted. In a keynote opening address to the 33rd Chromium Conference, which is being held in South Africa,... 

Horizonte submits Araguaia mine plan to authorities

By: Mariaan Webb     7th November 2017 Nickel explorer and developer Horizonte Minerals has marked another permitting milestone for its Araguaia project with the submission of a mine plan Brazil’s National Mining Agency (ANM). ANM approval of the mine plan, together with approval of the mine construction licence, the permit of which... 

Eramet expects significantly higher operating profit

By: Mariaan Webb     24th October 2017 French multinational Eramet’s operating income for 2017 is expected to exceed that of the previous year, the nickel and manganese producer reported on Tuesday, citing higher prices and productivity gains. The Euronext Paris exchange-listed miner reported operating profit of €84-million in 2016... 

Product tackles inclement conditions, improves productivity

By: Nadine James     13th October 2017 One of the biggest challenges facing the mining industry with regard to its motors, gear drives and belt drives is protection from adverse weather conditions and the resulting ingress of dust and moisture, says pumps manufacturer Australian Pumps, commonly known as Aussie Pumps. “In the Pilbara,... 

Tharisa reports best production year

By: Martin Creamer     10th October 2017 Platinum group metals (PGM) and chrome co-producer Tharisa on Tuesday reported a record fourth quarter, which nudged the company to its best yearly production performance to date in the 12 months to September 30. The JSE-listed company, headed by CEO Phoevos Pouroulis, said in a release to... 

Company offers alternative to conventional splicing

     6th October 2017 A current trend in the conveyors industry with regard to splicing procedures is to avoid the use of hazardous substances wherever possible, says technical solutions provider BMG.  

Gigantic SA-made ore scrubber destined for Sierra Leone mineral sands mine

By: Mia Breytenbach     29th September 2017 Mechanical process equipment and solutions provider MechProTech has completed the manufacturing of one of its largest pieces of mining process equipment – the multimillion-rand, Titan 3596 mineral ore scrubber – which will be delivered to a mineral sands mine in Sierra Leone. MechProTech focuses... 

Davies approves operator for Musina-Makhado SEZ

By: Creamer Media Reporter      18th September 2017 The Department of Trade and Industry has issued a special economic zone (SEZ) operator’s permit for the Musina-Makhado SEZ to South African Energy Metallurgical Base, a subsidiary of Chinese conglomerate Shenzhen Hoi Mor Resources. The permit, approved by Trade and Industry Minister Dr Rob Davies... 

Sizeable limonite find exposes Horizonte to burgeoning EV market

By: Samantha Herbst     14th September 2017 Brazil-focused nickel development company Horizonte Minerals on Thursday reported sizeable limonite mineral resources at its Araguaia nickel project, which exposes the Aim- and TSX-listed company to the fast-growing nickel/cobalt electric vehicle (EV) battery market. Limonite is treated to... 

Assore posts record headline earnings

By: Ilan Solomons     8th September 2017 Mining investment holding company Assore achieved a 199% increase in headline earnings to R5.2-billion for the financial year to June 30, compared with R1.7-billion in the previous year. Attributable earnings amounted to R5-billion, which was an improvement of 226% from 2016, which was also a... 

Lighting equipment eliminates glare

By: Nica Schreuder     1st September 2017 Lighting plays an important role in mining, as it is vital to be visually aware of potential mine and machinery-related safety hazards, as well as to allow for accommodating working conditions in the dark. 

Canadian mining sector market value drops 7% in Q2

By: Samantha Herbst     31st August 2017 Canada’s mining sector saw a slow start to the second quarter of 2017, according to global advisory firm EY’s Canadian Mining Eye index, which reported that the market capitalisation of 100 TSX- and TSX-V-listed midtier and junior companies fell broadly between C$47-million and C$1.6-billion.... 

Assore posts record headline earnings of R5.2bn as commodity prices rebound

By: Ilan Solomons     30th August 2017 Mining investment holding company Assore achieved a 199% increase in headline earnings to R5.2-billion for the financial year to June 30, compared with R1.7-billion in the previous year. Attributable earnings amounted to R5-billion, which was an improvement of 226% from 2016, which was also a... 

Rental generators bridging solution for African mines

By: Robyn Wilkinson     25th August 2017 Energy solutions provider Aksa Power Generation expects a high demand in Africa, especially sub-Saharan Africa, for its new range of generators, as the mining industry begins to show signs of recovery and companies look to expand their operations in remote areas. 

Tharisa signs five-year chrome supply agreement with Tisco

By: Anine Kilian     24th August 2017 Platinum group metals and chrome coproducer Tharisa Minerals has entered into a five-year strategic cooperation agreement with steel producer Taiyuan Iron & Steel (Tisco’s) joint venture (JV) company Shanxi Taigang Wanbang Furnace Charge. Under the terms of the agreement, Tharisa will supply the... 

Western Areas returns to profitability

By: Esmarie Swanepoel     22nd August 2017 Nickel miner Western Areas has returned to profitability in 2017, as revenues increased. A net profit after tax of A$19.3-million was reported for the financial year ended June, compared with a net loss after tax of A$29.8-million in 2016. 

thyssenkrupp Infra-Red rapid drying oven improves turnaround time for Minopex

     16th August 2017 The fast drying capability of thyssenkrupp Industrial Solutions‘ Infra-Red rapid drying oven has significantly improved turnaround times for minerals processing operations specialist, Minopex. Developed in-house by thyssenkrupp Industrial Solutions South Africa, the Infra-Red (IR) rapid drying... 

The importance of valve selection in slurry applications

     15th August 2017 The trend to pump slurries over longer distances at higher solids concentrations is putting slurry valves to the test, as these severe applications have high pressures and are very abrasive, according to AR Controls Director Julien van Niekerk. Another factor to be taken into consideration is... 

Cable management company fortifying ties with Australia

By: Marleny Arnoldi     11th August 2017 South African cable management solutions company Strutfast aims to expand its operations and open an office in Perth, early next year, owing to the Western Australia capital being the recognised centre for mining operations in Australia and also hosting the head offices of many companies that own... 

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