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Rare Trading delivers R80m Randgold order

Rare Trading delivers R80m Randgold order

Photo by Duane Daws

22nd April 2014

By: Leandi Kolver

Creamer Media Deputy Editor

  

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JOHANNESBURG (miningweekly.com) – South Africa-based fluid conveyance supplier Rare Trading has completed a contract to fabricate and supply components for gold producer Randgold’s backfill plant at its Loulo gold mine, in Mali.

The backfill project, which would be commissioned in June, was under way at an intermediate plant and two paste plants at the mine.

Rare supplied high-density polyethylene (HDPE) and steel pipes and fittings to the mine over a period of 13 months, with some of the steel pipes and fittings ceramic lined and coated.

The components, with a value of more than R80-million, were ordered in phases from January last year, while the last delivery took place in February this year.

“Rare’s ability to source products on a global scale, as well as our ability to manage the successful fabrication, lining and coordination of products puts us in a strong position to handle a project of this magnitude. In addition, the strength of our quality, logistics and shipping departments made us the favourable choice,” Rare trading division head Ashin Tasdhary said.

Further, Rare would also supply Randgold with pipes and fittings for additional sludge lines at Loulo, which had to be completed by end June.

Rare’s order was expected to arrive in April, with delivery scheduled to take place in May.

Meanwhile, Rare had also acquired a pipe manufacturing plant with assets late last year and has since started to manufacture South African Bureau of Standards-approved HDPE pipes up to 1 000 mm in diameter for the mining, infrastructure, agricultural and industrial markets.

“The ability to manufacture our own pipes put Rare in a very favourable position to supply piping at a competitive cost,” Tasdhary said.

Edited by Tracy Hancock
Creamer Media Contributing Editor

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