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Earthmoving News
Auditors approve Sentula’s ’09 profit forecast
By: Matthew Hill 29th July 2008 Sentula Mining’s share price rose rapidly in late trade JSE on Tuesday, after it said that its auditors had approved its 2009 profit forecast as “acceptable”. The forecast in question had resulted in the company having its shares suspended on the local bourse, after a director said on a... →
Caterpillar, BHP Billiton team up on driverless truck development
By: Liezel Hill 23rd July 2008 Equipment giant Caterpillar and the world's biggest mining group, BHP Billiton, will launch a joint programme to develop an autonomous mining haulage system. The development will focus on enhancing existing mining trucks with Caterpillar's driverless technologies, the equipment manufacturer said... →
Consulting company involved in Zambian projects
11th July 2008 Specialist winder consulting company DRA Technical Services (Drats), has developed a solid reputation, locally and internationally, for rebuilding and modernising existing winders for its specialisation in underground mining infrastructure. →
Mineral services company wins Burkina Faso project
11th July 2008 Mineral services company Banlaw Afrique Sarl, a subsidiary of the Banlaw company, has been awarded the Inata earthworks, concrete civils and Gomde barrage construction contract in Burkina Faso. →
Increased demand calls for increased output
By: Loni Prinsloo 4th July 2008 Massive growth in the mining industry, including an increased production for heavy minerals mining projects, has caused earthmoving and process-equipment manufacturing company, Efficient Engineering, to increase its capacity by expanding its premises. →
Locally made truck body attracts international interest
By: Brindaveni Naidoo 4th July 2008 Local steel product manufacturer VR Steel is receiving significant interest from local and international mining companies for its recently launched truck body design. The company expects to produce about 200 truck bodies a year in the next fours years. →
Sentula more than doubles profit, CEO upbeat about future
By: Matthew Hill 25th June 2008 Mining services company Sentula Mining reported that its after-tax profit for the year ended March 31 had more than doubled to R234-million from the restated figure of R93-million. The JSE listed company rose 7,96% in Johannesburg, trading at R12,20 a share at 09:08. →
Mining equipment maker sets up in China
By: Brindaveni Naidoo 20th June 2008 A local manufacturer of steel products for the mining industry, VR Steel, has expanded its footprint internationally with the establishment of new company, VRC Mining Equipment, a China-based entity that will make dragline buckets, hydraulic and rope shovel buckets and truck bodies for the East... →
Nedbank Capital buys Boart Longyear’s mining capital equipment unit
28th May 2008 Investment services provider Nedbank Capital on Wednesday announced its Private Equity division, in collaboration with black economic-empowerment (BEE) group Matasis Investment Holdings had acquired the mining capital equipment division of Boart Longyear through a leveraged buy-out. "As a... →
Surface mining equipment giant gets bigger
By: Darren Parker 9th May 2008 The African dealer of the world’s third-largest construction and surface-mining equipment supplier, Terex Corporation, has found a renewed foothold in the Southern African industrial market. Terex Africa has greatly enlarged its boundaries through the sale of its entire issued share capital... →
Preventative maintenance reduces overall engine costs
9th May 2008 Diesel engine specialists Metric Automotive Engineering’s operations manager Andrew Yorke says opencast contractors generally fall into two loose categories: those who believe in scheduled preventative maintenance and those who drive their engines to failure. However, sometimes even those... →
US coal producer installs longwall mining system
By: Brindaveni Naidoo 9th May 2008 Underground mining services and systems company Joy Mining has successfully installed its new longwall mining system at coal producer Arch Coal's Mountain Laurel complex, in the US →
Infrastructure, global mining spend driving revenue growth, says Bell
By: Irma Venter 4th April 2008 Infrastructure spending internationally, as well as strong demand from the global mining industry due to high commodity prices, have been the driving forces in Bell Equipment revenue jumping 31% from 2006 to 2007, reaching R4,6-billion, says CEO Gary Bell. →
Local steel company to expand into international markets
By: Brindaveni Naidoo 4th April 2008 A local manufacturer of steel products for the mining industry is expanding its global footprint as a result its expanded product line. VR Steel says that the expanded product line will include attachments for rope and hydraulic shovels, excavators and rigid and mining dump trucks. →
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