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Thabazimbi mine transfer to AMSA finalised

By: Simone Liedtke     12th October 2018 The transfer of ownership of the Thabazimbi iron-ore mine, from Kumba Iron Ore to steel producer ArcelorMittal South Africa (AMSA) has been finalised, Kumba said on Friday. Kumba in early 2017 agreed to transfer the mine, in Limpopo, to AMSA, for R1, plus the assumed liabilities. 

Euro Manganese lists in Frankfurt

By: Creamer Media Reporter      12th October 2018 Canadian explorer Euro Manganese (EMN) has listed on the Frankfurt Stock Exchange, in response to growing interest from European investors. The Canadian company, which owns the Chvaletice manganese project in the Czech Republic, also appointed Deutsche Gesellschaft für Wertpapieranalyse as its... 

SA HIPPO in big demand for USA Coal Mines

By: Creamer Media Reporter      11th October 2018 Due to President Donald Trump insisting that USA international companies, such as General Motors, bring their manufacturing activities back to the USA it is expected that a shortage of electrical power would be experienced. Several USA coal mines that have been closed for the last 20 years, most... 

Evicted Kenyans demand compensation after mining firm exits

By: Reuters     11th October 2018 Nathaniel Tumo was astounded when an excavator arrived at his farm in western Kenya four years ago and started digging for minerals, almost bringing down his house. "They started blasting a few metres away and the stones fell on my house," said Tumo, 62, his breath laboured from living alongside... 

SAPSDA joins SASSDA

By: Creamer Media Reporter      10th October 2018 In 2013 the South African Pump Manufacturers Association (Sapma®) was requested by the dti as well as ESKOM to form the South African Pump Cluster and in order to comply with the dti requirement to form a cluster, Sapma had to change from being an employer’s association to become a development... 

China aluminium exports to surge on trade war - CRU

By: Reuters     9th October 2018 Chinese aluminium exports are expected to surge in coming months and next year after Beijing boosted tax rebates as part of a package to soften the impact of a trade war with the United States, according to industry consultancy CRU. High Chinese exports of metals such as aluminium and steel in... 

SA HIPPO goes big at the 2018 SASSDA Awards

By: Creamer Media Reporter      9th October 2018 Introduction In view of the success of the HIPPO Slurry pump and pumping systems range HAZLETON PUMPS® has entered into six of the categories for 2018 SASSDA awards; namely: 

Balking miners jeopardise $2.8bn Mozambican coal rail

By: Bloomberg     5th October 2018 A plan to develop a $2.8-billion railway and port to ferry coal in Mozambique may collapse because miners are balking, according to the man trying to build it. Failing to get the project off the ground would deprive the southern African country of a source of revenue it’s come to rely on as it... 

New application to assist in selecting correct screening systems

By: Donald Makhafola     5th October 2018 Global project management and manufacturing solutions company Trelleborg’s  applied technologies operation launched the Scandura aperture size selector application (Scandura app) in May. The app is designed to support Scandura screening systems, which are used to classify and screen materials... 

Manufacturer focuses on developing larger vibrating screening equipment

By: Donald Makhafola     5th October 2018 Screening machines are becoming larger and heavier because the ongoing trend in the mining industry globally is to increase tonnage output while maintaining efficiency, said original-equipment supplier and manufacturer of custom-designed vibrating equipment Kwatani CEO Kim Schoepflin at Electra... 

Contact-free skirting for conveyors on offer

By: Halima Frost     5th October 2018 South Africa-based equipment supplier BLTWORLD has added the contact-free AirScrape conveyor belt skirting system – introduced to the South African market in the second quarter of this year – to its bulk handling systems catalogue. The system has been designed and manufactured by materials... 

Conveyor diagnostics system to aid coal conveyor monitoring

By: Halima Frost     5th October 2018 Technical solutions provider BMG will supply six rEscan diagnostics systems of industrial belting supplier Fenner to a coal-fired power station, in Mpumalanga, before the end of the year. Fenner’s rEscan diagnostics system is a belt diagnostic device used for the early detection of cord breaks,... 

New fastener for conveyor industry launched

By: Halima Frost     5th October 2018 Construction industry services and technology provider Hilti South Africa introduced its new Hilti X-BT-MR structural steel fastener to the South African conveyor market earlier this month. Hilti’s in-house engineers and staff will initially be trained on the fastener and its capabilities, after... 

OLI South Africa

5th October 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... 

Welding Alloys South Africa

5th October 2018 Welding Alloys South Africa (WASA) has been providing the African market with locally manufactured engineered wear protection solutions since 1976, making it one of the most experienced companies in the field. WASA’s array of products covers an extensive range of chromium carbide overlay... 

Electra Mining was once again a successful event for Becker Mining South Africa.

By: Creamer Media Reporter      4th October 2018 According to Becker Mining SA, highlights of this year’s event included meeting many potential new customers and receiving positive feedback from existing customers about the high quality and dependable performance of the Becker product range. It was noted that the flexibility of Becker Mining’s... 

Trudeau backs LNG Canada against threat of steel duties

By: Bloomberg     3rd October 2018 Prime Minister Justin Trudeau assured Royal Dutch Shell’s newly sanctioned $31-billion liquefied natural gas project that it won’t be hindered by trade barriers such as steel import duties. “Trade barriers won’t be an impediment to moving forward on this project," Trudeau told a news conference... 

China's at 'peak steel' right now, top iron-ore shipper says

By: Bloomberg     2nd October 2018 The world’s largest steel market is about to go into reverse. Production in China will peak in 2018 and then shrink next year as local demand drops, according to forecasts from the Australian government, which says the shift will add to headwinds for core ingredient iron ore. Mainland steel... 

Australia resources exports heading for record; country takes lithium crown

By: Esmarie Iannucci     2nd October 2018 Australia’s resources and energy exports are forecast to hit a record high of A$252-billion in 2018/19, helped along by a decline in the Australian dollar over the past quarter. In its newest Resources and Energy Quarterly, the Office of the Chief Economist notes that the new outlook had been... 

Cleveland-Cliffs and USW agree on new labour contract

By: Simone Liedtke     1st October 2018 NYSE-listed Cleveland-Cliffs and labour union United Steelworkers (USW) have announced a joint tentative agreement for a new four-year labour contract, effective from October 1. The new contract will cover about 1 800 USW-represented workers at Cliffs’ Tilden and Empire mines in Michigan, and its... 

Fitch Solutions revises zinc price forecast for 2018 downwards

By: Tasneem Bulbulia     28th September 2018 Fitch Solutions Macro Research has revised its forecast zinc price for this year down to an average $3 000/t, compared with the previously expected $3 100/t, after the zinc price fell by more than expected in the third quarter. The decrease in the zinc price is attributable to the escalating... 

On-The-Air (28/09/2018) 

By: Martin Creamer     28th September 2018 A China-backed South African mining company plans to build a rich metallurgical coal project in Limpopo province; Investment in South African mining was strongly promoted at this week’s Denver Gold Forum in the United States; and The government of Australia this week identified mining as the main... 

Indian aluminium producers seek higher import barriers

By: Ajoy K Das     28th September 2018 Indian domestic aluminium refiners are seeking tariff and non-tariff barriers to stem the rising tide of imports of the base metal into the country, which has led to lower sales by local metal producers. Major integrated aluminium refiners in the country, including State-run National Aluminium... 

China battery firms set up $700m nickel JV in Indonesia

By: Reuters     28th September 2018 Chinese battery firm GEM on Friday said it was teaming up with four companies to invest a total of $700-million in a project to produce battery-grade nickel chemicals in Indonesia. The investment comes as several global metals producers have also set their sights on Indonesia's nickel reserves,... 

I-CAT partners with UP to develop localised dust suppression solution

By: Nadine James     28th September 2018 Environmental consultants and product developers I-CAT officially launched its localised dust suppression (LDS) system at Electra Mining 2018, two weeks ago. The LDS system comprises a steel structure with strategically mounted nozzles, used to encapsulate dust particles and prevent them from... 

Lifting-equipment orders from Zambia’s Mopani Copper Mines exceed R100m – Condra Cranes

By: Nadine James     28th September 2018 Condra Cranes shipment of lifting equipment despatched in late August to Zambia-based copper mine Mopani Copper Mines has raised Condra’s order intake from Mopani to more than R100-million. Comprising one electric travelling overhead crane, 38 hoists, two large, and seven smaller, jib cranes, the... 

MC Mining eyeing acquisition, project access, SEZ 

By: Martin Creamer     27th September 2018 Coal exploration, development and mining company MC Mining, which has painstakingly removed many obstacles in its path in the last five years, is targeting the acquisition of a second suitable operational coal mine in the mould of the cash-generative Uitkomst, taking strong steps to secure access... 

NMDC firms up capex for next two financial years

By: Ajoy K Das     27th September 2018 India’s largest iron-ore miner, NMDC, has earmarked a capital expenditure (capex) of $902-million over the next two financial years. NMDC has committed this investment even as the miner is on verge of starting commercial production of its three-million-ton greenfield steel plant in the central... 

WTO cuts world merchandise trade forecasts for 2018 and 2019

By: Reuters     27th September 2018 World trade growth is likely to be slower than previously thought in 2018 and 2019, although the direct economic effects of a trade war that has blown up this year have been modest so far, the World Trade Organization (WTO) said on Thursday. The WTO forecast world trade in goods would grow by... 

Uranium import probe threatens US nuclear power industry - group

By: Reuters     27th September 2018 US nuclear power generators urged the federal government against taking action in a dispute over imported uranium, arguing tariffs or quotas would increase costs for the struggling industry and possibly cause some reactors to shut, according to a statement emailed on Wednesday. The US Department... 

Aveng reports strong market interest in most of its noncore assets 

By: Terence Creamer     26th September 2018 Following a series of capital markets transactions, which have helped stabilise Aveng’s precarious balance sheet, the JSE-listed infrastructure group has turned its attention to the disposal, by June 2019, of several noncore businesses, including its well-known construction business,... 

Base case confirms Gabanintha vanadium project fundamentals

By: Mariaan Webb     26th September 2018 An initial base case for the Gabanintha vanadium project, in the Murchison province of Western Australia, has indicated robust economics, with a net present value (NPV) ranging between $191-million and $2.37-billion, depending on pricing assumption. The upper-end of the NPV range is estimated at... 

Coal India offers assured volumes to fuel-starved captive power plants

By: Ajoy K Das     26th September 2018 Throwing a lifeline to fuel-starved captive thermal power plants, Coal India Limited (CIL) has offered assured yearly supplies of dry fuel for a period of five years with volumes allocated through e-auctions. CIL has communicated to captive power plants operated by various industries like steel,... 

China’s preference for long-term contracts affecting Indian iron-ore miners

By: Ajoy K Das     25th September 2018 Indian overseas shipment of high-grade iron-ore fines and lumps is facing significant risks as Chinese steel mills are increasingly looking at long term supply agreements. According to three miner-exporters based in the eastern Indian province of Odisha, the largest iron-ore producer in the... 

India to incentivise consortiums to build iron-ore pellet plants

By: Ajoy K Das     21st September 2018 India’s Mines Ministry is exploring ways to incentivise private merchant iron-ore miners to form consortiums to construct pelletisation plants in mineral bearing states, in view of a changing raw material preference of steel mills worldwide, particularly in China. Government companies like... 

Peabody announces $400m Alabama coal acquisition

By: Mariaan Webb     21st September 2018 US coal major Peabody Energy on Friday announced the $400-million acquisition of the Shoal Creek metallurgical coal mine, in central Alabama, from private producer Drummond Company. Located on the Black Warrior river, the mine serves the Asian and European steel mills with high-vol A coking coal... 

Chinese steel mills chase iron-ore contracts with Brazil's Vale

By: Reuters     21st September 2018 Chinese steel mills and traders are rushing to secure long-term contracts for high-quality iron-ore ahead of winter steel output cuts, a boon for the main supplier of such grades of the commodity, Brazilian mining giant Vale. China, the world's biggest consumer of the steelmaking ingredient,... 

China's iron-ore demand to remain flat as scrap steel use rises

By: Reuters     20th September 2018 China's iron-ore demand is expected to stay flat, said an official from Baoshan Iron & Steel Co, the country's biggest listed steelmaker, as Beijing's stricter environmental rules boost the use of scrap steel. China's growing stockpiles of scrap steel should also increase its use in steelmaking... 

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