https://www.miningweekly.com
Environment|generation|Iron Ore|Mining|Safety|Technology|Drilling|Operations
Environment|generation|Iron Ore|Mining|Safety|Technology|Drilling|Operations
environment|generation|iron-ore|mining|safety|technology|drilling|operations

Kumba, Rosond sign R2bn deal to advance next-generation drilling

Rosond drill rig

Rosond drill rig

13th August 2019

By: Marleny Arnoldi

Deputy Editor Online

     

Font size: - +

Diversified mining company Kumba Iron Ore, an Anglo American subsidiary, has entered into a R2-billion multiyear agreement with drilling specialist Rosond to develop and implement a next-generation drilling contract.

The agreement forms part of Kumba’s initiative to modernise its geoscience operations and extend the life-of-mine of its Kolomela and Sishen mines, in the Northern Cape, to elevate safety standards and improve productivity.

The partnership will also contribute towards the development of small, medium-sized and microenterprises in the communities of Postmasburg and Kathu, with Rosond having committed to partnering with a local black economic empowerment partner to develop a fully independent drilling company in the Northern Cape.

Kumba CE Themba Mkhwanazi said in a statement on Tuesday that the partnership between the company and Rosond set a new standard in terms of advancing local and host community businesses.

Rosond has been involved in research and development of next-generation drill rigs for more than five years.

“The technology that we are bringing is available in various disciplines. What we have done is to package and tweak it into a formula that we believe works in this drilling environment.

“The drilling space has always been seen as a dirty type of work, but it does not have to be that way, it can be sophisticated,” commented Rosond MD Ricardo Ribeiro.

As part of the agreement between the companies, Rosond will roll out 30 advanced drilling rigs at Kumba’s operations from January 2020.

The companies said Kumba would, following the roll out, have one of the most advanced drilling fleets in operation globally.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 
Magni SA
Magni SA

Magni SA is committed to developing the safest Telehandlers available to our customers for underground and surface mining, construction, forestry,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine video image
Magazine round up | 01 March 2024
1st March 2024
Implats CEO Nico Muller
Implats expecting phased reduction in group output
29th February 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.152 0.187s - 95pq - 2rq
Subscribe Now