R/€ = 16.00 Change: 0.09
R/$ = 14.02 Change: 0.18
Au 1221.33 $/oz Change: 5.84
Pt 846.50 $/oz Change: 4.71


South African company building new smelter in Zimbabwe

By: Victor Moolman     2nd November 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... 

Australian miners embracing automation in quest for improved safety, efficiency

By: Esmarie Iannucci     2nd November 2018 While the phrase ‘automation’ might evoke visions of a Schwarzenegger-esque future in which machines rise up to take over the world, it has come to have a distinctly different connotation in Australia. From drones being used to safely map, survey and explore mining operations to autonomous trains... 

Record low costs a necessity for Australia’s international competitiveness

31st October 2018 The resources sector is fundamental to Australia’s economic prosperity according to Fortescue Metals Group CEO Elizabeth Gaines during a presentation at the International Mining and Resources Conference (IMARC) in Melbourne today. “The sector generates exports of $226 billion a year, and that’s... 

Amplats extends Zizwe Batlase contract at Amandelbult Complex

By: Simone Liedtke     31st October 2018 Platinum miner Anglo American Platinum (Amplats) on Wednesday announced that the contract with joint venture (JV) company Zizwe Batlase for the provision of strip-mining services at the Amandelbult Complex has been extended. Zizwe Batlase is 51% owned by the local community of Baphalane through... 

Glencore hikes coal cost savings forecast by 50%

By: Reuters     31st October 2018 Recent mine acquisitions have helped Glencore Plc achieve 50% more cost savings in its coal business than it had targeted, the world's biggest exporter of coal for power plants said on Wednesday. Glencore had expected to achieve annual cash savings of more than $300-million in its coal business... 

World’s safest construction and mining truck debuts at IMARC

30th October 2018 Scania Australia revealed the new XT mining and construction range next-generation trucks at Melbourne’s International Mining and Resources Conference (IMARC) today, giving the industry the first opportunity to examine the extra-tough truck in the metal. The all-new extra-tough Scania XT delivers... 

Volvo launches new 95 t rigid hauler for coal, bulk commodities industries

By: Schalk Burger     26th October 2018 Earthmoving equipment manufacturer Volvo Construction Equipment on Thursday launched a new 95 t rigid hauler for the coal and bulk commodities industries in Southern Africa. Its local partner, construction equipment company Babcock Equipment, would provide the support and services for the... 

Colquijirca (Tajo Norte) mine, Peru

26th October 2018 A zinc mine located in the Colquijirca district of the Pasco province, in Peru. 

Surface-mining opportunities lie in market-related commodities

By: Jessica Oosthuizen     26th October 2018 Johannesburg-based mining equipment distributor Vermeer Equipment Suppliers is starting to focus on certain market-related commodities and associated opencast mines to market its Surface Miner surface excavation machines, says mining and pipeline sales segment manager Gareth Cramond. The... 

Rio Tinto and partners to invest $1.5bn in Pilbara

26th October 2018 Diversified mining company Rio Tinto and its Pilbara joint venture (JV) partners Japanese group Mitsui and steel producer Nippon Steel & Sumitomo Metal have approved a $1.55-billion investment to sustain production capacity at two iron-ore projects that form part of the Robe River JV, in Western... 

Surface miners drive up savings in coal mining

26th October 2018 Mine operators have been increasingly turning to an alternative to conventional rip-and-stack or drill-and-blast coal mining – the use of surface miners. Diverse studies and tests show that surface miners offer considerable advantages in terms of both economic efficiency and the final product. 

I-CAT misting system for dust suppression, fire prevention in coal mining

25th October 2018 About 75% of coal mines in South Africa have to contend with the risk of the spontaneous combustion of coal dust when material is tipped from load haul dump trucks (LHDs). The I-CAT Dust Division has devised a bespoke solution for a major coal-mining client that it intends to introduce as its... 

Anglo American Platinum brings two Kom-Vision equipped vehicles into production at Mogalakwena Complex

17th October 2018 Technology will boost safety at operations and integrated systems that will deliver significant operational improvements Anglo American Platinum recently bought two Kom-Vision-equipped Komatsu 930E earthmoving vehicles into production at the Mogalakwena Complex. The Kom-Vision technology is a... 

Amplats sets new benchmark with two Kom-Vision equipped vehicles at Mogalakwena complex 

By: Simone Liedtke     17th October 2018 Platinum mining major Anglo American Platinum (Amplats) has acquired two Kom-Vision-equipped Komatsu 930E earthmoving vehicles that have entered into production at the Mogalakwena Complex, setting a new benchmark for the miner. Amplats’ safety strategy is based on four pillars, namely systems,... 

Exxaro looks to fill Eskom coal shortage

By: Reuters     12th October 2018 Exxaro Resources said on Friday it was looking to supply coal to state-owned power utility Eskom, which has been hit by supply shortages, posing a threat to the power supply in Africa's most industrialised economy. Eskom, which has fewer than 20 days of coal supply at 10 of its power stations,... 

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... 

Platreef Shaft 1 intersects Flatreef deposit at 780 m below surface

By: Creamer Media Reporter      10th October 2018 Shaft 1 at Ivanplats’ Platreef project has reached the top of the high-grade Flatreef deposit at 780.2 m below surface. This is the first time that the Platreef – a strongly mineralised, polymetallic belt that extends northward from the town of Mokopane for more than 30 km – has been intercepted... 

Hancock and Rio Tinto open new Pilbara mine

By: Esmarie Iannucci     9th October 2018 Miners Rio Tinto and Hancock Prospecting have opened the Baby Hope mine, marking the fourth mine to be developed at the Hope Downs operation, since the miners formed their Pilbara joint venture (JV) in mid-2005. The JV partners said that the development of the Baby Hope deposit would assist in... 

Tambomayo mine, Peru

By: Thabi Madiba     5th October 2018 A high-grade gold and silver mine located in Tapay, Caylloma province, in the Arequipa region of Peru. 

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... 

Trafigura Group helps re-establish historic African trade route

By: Tasneem Bulbulia     26th September 2018 Independent commodity trading group Trafigura has successfully taken the first step towards reopening one of Africa’s most historic trade routes, with a train journey that ended in the Angolan port of Lobito on Saturday, September 22. A cargo of 800 t of copper blister, bought by Trafigura from... 

ELB partners with US Kymeta Corporation Global access, anytime, anywhere, while on the move

26th September 2018 ELB Engineering Services (Pty) Ltd (ELB) is pleased to announce the appointment of Kymeta Corporation (Kymeta) based in Redmond, Washington, USA as a technology partner. Kymeta has been recognized for its disruptive technology that is making mobile communications more accessible and secure... 

Australian miners spearheading disruptive technology movement – Fitch

By: Nadine James     21st September 2018 Australia’s strong information communications technology and energy infrastructure, highly skilled labour force and government support ensures that its miners will continue to be the frontrunners in implementing technology to cut costs, enhance efficiency and increase mine safety, the latest... 

On-The-Air (21/09/2018) 

By: Martin Creamer     21st September 2018 Japan is forecasting a massive market for fuel cells that use South African platinum; South African company Isondo this week reported that it is at the ready to produce fuel cell components locally; and Global commentators this week called on resource-rich African countries to use their wonderful... 

750 t SANY excavator expected to be a big hitter in the mining industry

21st September 2018 What is believed to be the largest excavator in Africa has been launched by Goscor Earth Moving (GEM), part of the Goscor Group, and official distributor of SANY. The SY750 is a primary loading tool for the mining industry, from opencast to alluvial diamond mining. The 750 t excavator is ideal to... 

Africa needs to invest in fuel cell technology

By: Donald Makhafola     21st September 2018 Countries are recognising the value and future impact that fuel cells and hydrogen technologies will provide. Now is the time for Africa to join this global movement and invest in the fuel cell future, says Washington-based global advocacy organisation Fuel Cell and Hydrogen Energy Association... 

Mallay mine, Peru

By: Thabi Madiba     21st September 2018 A silver, lead and zinc mine located in Oyón, about 261 km north-east of Lima in Peru. 

CNN-flighted advert projecting huge growth for platinum-using fuel cells

By: Martin Creamer     18th September 2018 French company Air Liquide, a member of the Davos-launched Hydrogen Council that includes platinum-mining company Anglo American, is currently flighting an advertisement on the global television network CNN, which forecasts exceptional growth for the hydrogen and fuel cell market. Quoting the... 

Cleveland-sized mine signals the path for an oil-sands revival

By: Bloomberg     12th September 2018 A colossal Canadian oil-sands project may be showing the way forward for an industry many thought would never see new investments. In a forest clearing roughly the size of Cleveland, building-sized trucks dump tons of oily soil into a massive crushing facility, while conveyors move the dirt on... 

Boosting safety and productivity with Sandvik’s automation solutions

7th September 2018 Sandvik Mining and Rock Technology Southern Africa will showcase mining solutions at Electra Mining Africa that have been developed to boost overall safety and productivity across all types of mines. 

Yanacocha mine, Peru

By: Thabi Madiba     7th September 2018 A gold mine located about 48 km north of Cajamarca, in Peru. 

Australian gold production on the rise

3rd September 2018 Australian gold production in the 2017/18 financial year was its highest since 1997/98, totaling 310 t, mining consultancy Surbiton Associates has reported. In the three months to June, gold production reached 81 t, a 9%, or 6.5 t increase on the previous quarter, and 8%, or 6 t more than the... 

Bell reports strong H1 results, remains bullish on South African market

By: Nadine James     31st August 2018 JSE-listed Bell Equipment achieved a 6% year-on-year increase in revenue to R3.7-billion for the six months to June 30. Headline earnings a share increased by 10% to 131c and an interim dividend of 20c was declared. 

Platinum-using fuel cells making more headway

By: Martin Creamer     29th August 2018 Last month’s initial public offering (IPO) on the New York Stock Exchange of Bloom Energy suggests a second, much larger market may be emerging for fuel cells, Greentech Media reported this week in an article recording the deployment of Bloom’s technology at 25 Fortune 100 companies. The... 

Platinum producer optimistic about Limpopo project

By: Donald Makhafola     24th August 2018 Platinum producer Ivanplats, a subsidiary of Canadian mining company Ivanhoe Mines, is focusing on bringing its Tier 1 Platreef project, in Limpopo, into production in 2022, says Ivanplats VP and executive head of projects Gerick Mouton. The mine will produce platinum, palladium, rhodium, nickel,... 

La Zanja mine, Peru

By: Thabi Madiba     24th August 2018 A gold and silver mine located in Pulán, Santa Cruz province, about 107 km north-east of Cajamarca region, Peru. 

LX6 - The Latest Addition to the Medium Fidelity Simulator Range

By: Creamer Media Reporter      23rd August 2018 Immersive Technologies the world’s largest supplier of surface and underground mining equipment simulators is  proudly  announcing  the  latest  addition  to its medium fidelity simulator range. The LX6 is a brand new medium fidelity simulator platform which offers the same  value  for early... 

Battery boom spurs quest to resurrect World War II cobalt mines

By: Bloomberg     15th August 2018 The giant rocky outcrop known by locals as La Cobaltera offers a glimpse into northern Chile’s mining past, and a hint of its future. Slag from an ancient furnace is piled at the entrance of a mine shaft that hasn’t seen commercial activity since World War II. Inside, eucalyptus posts still... 

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