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Contract Mining News
12 years life in Cyril’s new mine
By: System Author 12th March 1999 The R90-million investment by Petmin to acquire the flood-prone Grootvlei and Consolidated Modderfontein gold mines from Harmony will not drown the company in undulating profits, or financial loss. Petmin MD Fourie du Preez tells Mining Weekly that, although flooding is still a problem on this... →
Mining contract outsourced at R220m a year
By: System Author 12th March 1999 A R220-million-a-year mining contract involving all six shafts has been awarded to Samat Exploration by the new owners of President Steyn Gold Mine. The core business of Samat is contract mining, with activities ranging through development, production mining and installation of infrastructural... →
The golden triangle
By: System Author 12th March 1999 Shafts seven, nine and three form the golden triangle in which mined, partly-mined and virgin ground is poised to thrust the company well into the new millennium. Drilling is under way there to confirm the expectation of 20 years more mining at a grade of 9 g/t. Indications are good, with a... →
Outsourcing increases
By: System Author 5th March 1999 Mining houses in Africa are turning to outsourcing for professional, specialised skills and this will increase dramatically in the near future to include ‘bread-and-butter’ work, such as stoping and development, reveals Cementation Mining MD Alastair Douglas. “Outsourcing is the... →
Rock-drill maker
By: Archivist 29th January 1999 Rock-drilling tool manufacturer Interoc, of Springs, has embarked on a multimillion-rand expansion drive to streamline its manufacturing processes and reduce its production lead times. Plans involve investing an average of R3-million to R4-million a year in its information technology (IT) and... →
Big enough
By: Archivist 29th January 1999 The South Deep shaft, now being sunk, has been designed with a wide 9 m diameter in order to allow the passage of large equipment, permitting trackless vehicles to be driven into the cage, lowered underground, driven into the mine and maintained in subterranean workshops – unlike at... →
South Deep slows from 6 m a day to 3,5 m a day
By: Archivist 29th January 1999 At one stage the South Deep shaft was being sunk at a rate of six metres a day. However, the development rate has slowed because it has reached the area close to the reef horizon where the shaft pillar has been mined out. Says Western Areas MD John Brownrigg: “We are approaching the... →
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