R/€ = 19.4644 Change: 0.0359
R/$ = 17.8625 Change: 0.0623
Au 1982.44 $/oz Change: 1.99
Pt 985.84 $/oz Change: 17.25

Mining Services News

Shaft ventilation project making headway

By: Halima Frost     31st March 2023 Mine ventilation, refrigeration and cooling engineering consultant BBE Group says it is on track to complete a turnkey project for the design and construction of the refrigeration plant and fan station at platinum group metals (PGMs) miner Northam Platinum’s Zondereinde No 3 Shaft project.... 

Diamond miner releases underground expansion update

By: Halima Frost     31st March 2023 Diamond exploration and mining company Lucara Diamond in February released its results for the year and quarter ended December 31, 2022, in which it updated stakeholders on the progress of the shaft sinking expansion project for its Karowe mine near Letlhakane, in Botswana. During 2022,... 

a vertical view of the shaft at the Lucara Diamond Karowe mine in Botsawana with a man in a elevator bucket looking down at the camera man
EVER EXPANDING The shaft sinking expansion projects at the Lucara Diamiamond Karowe mine in Botswana is progressing as planned

Cabinet approves Bill to open power market

By: Bloomberg     30th March 2023 Cabinet approved a Bill on electricity regulation designed to clear the path for private generation projects and power trading. State-owned Eskom Holding has provided more than 90% of electricity used by the most industrialized nation on the continent for a century. The Electricity Regulation... 

Transmission infrastructure

ICMM, CharIN launch task force to resolve bottlenecks in rollout of zero-emission mining vehicle fleets

By: Creamer Media Reporter      30th March 2023 The challenge of electrifying mining haul truck operations has taken a step forward with the launch of the CharIN Mining Taskforce, a partnership between global organisations CharIN and the International  council on Mining and Metals (ICMM). The partnership enables ICMM to address technical... 

Mining haul trucks in Botswana

Mining in South Africa looks to solar, AI and chickens to go green

By: Reuters     29th March 2023 On the once bone-dry soil of a diamond mine in South Africa's central Free State province, Susan Masoha now harvests big bunches of tomatoes, eggplants and spinach. The former cleaner at the mine never expected to find new work at a regenerative farming project set up on the site - part of... 

Mining needs truth-and-reconciliation approach to ESG, says Rifle-Shot’s Naidoo  

By: Martin Creamer     29th March 2023 Mining companies need to approach environmental, social and governance (ESG) principles on a truth and reconciliation footing and be honest about where they are on a scale of one to 10, says Rifle-Shot Performance business development director Dilley Naidoo. Naidoo, who spoke to Mining Weekly on... 

Rifle-Shot Performance Business Development Director Dilley Naidoo.
Rifle-Shot’s Dilley Naidoo interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

BME expands its footprint with Indonesian JV

By: Creamer Media Reporter      29th March 2023 Mining and explosives solutions provider BME – a subsidiary of Omnia Holdings – has signed a conditional sale and purchase of shares agreement (CSPA) with Multi Nitrotama Kimia (MNK), an Indonesian provider of explosives and blasting services. The two companies will form a joint venture (JV),... 

A mine blasting undertaken by BME

Platinum group metals can add million South African jobs plus R8-trillion to economy  

By: Martin Creamer     28th March 2023 Collaborative marketing of platinum group metals (PGMs) has the potential to add a million more South African jobs and contribute R8-trillion more to the economy as the world greens and lowers carbon intensity. The combination of green hydrogen displacing natural gas and fuel cell electric... 

Platinum group metals can boost South African jobs and economic growth.
PGM Industry Day covered by Mining Weekly’s Martin Creamer. Video editing: Darlene Creamer.

Multotec celebrates 50 years of successes

By: Schalk Burger     28th March 2023 Metallurgy and process engineering company Multotec, established in 1973, employs close to 2 000 people and has a yearly turnover of about R3-billion and, in 2022, it exported about 60% of the products it made in South Africa, says Multotec Group CEO Thomas Holtz. The company started by importing... 

Multotec Group CEO Thomas Holtz
Multotec Group CEO Thomas Holtz

Master Drilling posts record revenue, focuses on new technology development

By: Marleny Arnoldi     28th March 2023 Drilling solutions company Master Drilling has posted record revenue of $226-million for the year ended December 31, 2022 – a 31.7% year-on-year increase. CEO Danie Pretorius attributes the strong revenue generation, as well as strong cash generation of $25-million, to higher utilisation rates... 

Contango wash plant in Zimbabwe now complete

By: Darren Parker     28th March 2023 London-listed natural resources development company Contango Holdings reports that construction of the wash plant at its Lubu coking coal project, in Zimbabwe, has been completed ahead of commissioning and the production of coking coal. The company said on March 28 that the refurbishment of the... 

M&R reports progress in bid to regain control of Australian mining business 

By: Terence Creamer     28th March 2023 JSE-listed engineering and construction company Murray & Roberts (M&R) has announced developments that could result in it regaining control of RUC Cementation Mining Contractors (RUC), it Australian mining subsidiary that was lost to the group when its Australian holding company, MRPL and Clough... 

M&R CEO Henry Laas
Photo by Creamer Media's Donna Slater
M&R CEO Henry Laas

SRG wins A$55m contract from Fortescue

By: Esmarie Iannucci     28th March 2023 ASX-listed SRG Global has been awarded a near A$55-million infrastructure contract from iron-ore major Fortescue Metals at its Eliwana mine. The project would involve the construction of a 21-km haul road at the existing mine site, and is expected to start in March this year, with the contract... 

M&R to dispose of Insig Technologies to AvidSys Group

By: Schalk Burger     27th March 2023 JSE-listed engineering and mining services group Murray & Roberts' (M&R's) subsidiary M&R UK has entered into a share sale agreement with Perth-based AvidSys Group, in terms of which it will dispose of its 65% shareholding in mining technology company Insig Technologies. Murray & Roberts has,... 

Data analytics solutions are helping mines of all sizes to digitalise

By: Schalk Burger     27th March 2023 Each mine and mining company, and its needs and operations, are different; however, small, simple applications that can serve a single fit-for-purpose build or a fully integrated system that monitors and reports on every aspect of operations, can be set up for mines, says data analytics... 

Dataloop MD Sean Langton
Dataloop MD Sean Langton

Rawbank presents financing solutions at Indaba

By: Sabrina Jardim     24th March 2023 Democratic Republic of Congo- (DRC-) based financial institution Rawbank liaised with authorities from the DRC while presenting its financing solutions for mining companies in the country’s value chain at this year’s Investing in African Mining Indaba – held at the Cape Town International... 

An image depicting Etienne Mabunda and Arnaud Coupe at this year's Mining Indaba
ETIENNE MABUNDA AND ARNAUD COUPE The Mining Indaba enabled Rawbank to highlight the financing solutions that it provides

2023 ‘perfect’ to expand to Africa

By: Nadine James     24th March 2023 Speaking on the sidelines of the Investing in Africa Mining Indaba, Spanish mining technology company Torsa Global’s business development director Gabino de Diego told Mining Weekly that 2023 is the opportune time to enter the African market. Torsa Global, which creates and supplies integrated... 

An image of the Torsa Global collision avoidance system
GOOD TIMING GlobalData’s latest global mine site survey of 138 mines indicates that 49% of the mines surveyed expect to either invest in collision avoidance for the first time or further invest within the next two years

Epiroc to deliver $17m worth of new equipment to Kipushi in DRC

By: Darren Parker     23rd March 2023 Original-equipment manufacturer Epiroc has won a large order from mining contractor JCHX Mining and Construction for equipment to be used at an underground mine that is reopening in the Democratic Republic of Congo (DRC). “We look forward to supporting JCHX in making operations at the Kipushi... 

Banking turmoil will not be major hit to commodities finance - CFOs

By: Reuters     22nd March 2023 The recent rout in bank shares will not result in a significant hit to commodities finance for major trading firms, the chief financial officers of the biggest energy traders told the Financial Times Commodities Global Summit on Wednesday. Speaking at the event, the CFOs of Swiss traders... 

Merafe seeks to shield business from electricity price hikes  

By: Darren Parker     20th March 2023 Ferrochrome company Merafe is considering proposals for the construction of renewable energy facilities and is in discussions with power utility Eskom to secure a negotiated pricing agreement (NPA) to mitigate against unsustainable high electricity costs, the JSE-listed company reported on... 

Merafe Ferrochrome Smelting

Avantor advances laboratory services in Southern Africa

By: Simone Liedtke     20th March 2023 As South Africa’s mining industry continues to grow, mining laboratories are relied upon to provide high-quality testing, inspection and certification services that adhere to internationally recognised standards and customer-specific methodologies. Fortune 500 company Avantor is therefore... 

Avantor metals processing operations

Cooling towers for Kloof refrigeration plant expansion

17th March 2023 Thermal solutions specialist IWC has designed, fabricated and erected a new pultruded glass reinforced polyester (GRP) condenser cooling tower for multinational mining and metals processing group Sibanye-Stillwater’s Kloof gold mine. The construction of the new chiller condenser cooling tower was... 

A plltruded glass reinforced polyester condenser cooling tower installed on a mining site.
COOLING KLOOF The new chiller condenser cooling tower installation at the Kloof gold mine was completed last month

Mining BEVs set to launch

By: Tracy Hancock     17th March 2023 Underground mining mobile equipment specialist MacLean Engineering is expanding its battery electric vehicle portfolio this year with the launch of three new mining vehicles that further address ventilation-related energy costs, improve health and safety through diesel-free work environments, and... 

Units resist harsh conditions

17th March 2023 Engineering solutions specialist BMG has completed the two-phase upgrade of its in-house BTC bearing block unit (BBU) and housing range of products, which is manufactured exclusively for BMG, to stringent quality and safety specifications. “Although the BTC range was developed for light to medium... 

Red bearing block units and housings.
ROBUST RANGE The recently upgraded BTC bearing block unit and housing range from BMG is suitable for medium- to heavy-duty underground mining applications, like underground conveyor systems and crushers

Mining services company reports third consecutive year of growth

By: Darren Parker     16th March 2023 Global mining services company Capital has announced a third consecutive year of material growth. The company's revenue for the 2022 financial year amounted to $290.3-million, a 28% increase from 2021, and at the upper end of its revised guidance of $280-million to $290-million. Earnings before... 

Two Exxaro board members to retire by rotation

By: Donna Slater     15th March 2023 Diversified energy company Exxaro Resources reports that independent nonexecutive directors Vuyisa Nkonyeni and Lenamile Mophatlane will retire by rotation, with effect from May 18. Nkonyeni will retire from his role as chairperson and member of the audit and investment committees, while... 

Atlas awards mining contract for McPhee Creek

By: Esmarie Iannucci     14th March 2023 Iron-ore miner has awarded mining contractor MACA a three-year mining contract at its McPhee Creek project, in the Pilbara. Atlas had previously indicated that a final investment decision on the mine was due by mid-2023. 

IPP Office, Eskom in talks about navigating grid constraints ahead of next renewables round 

By: Rebecca Campbell     13th March 2023 There were two main challenges South Africa faced, in addressing its inadequate electricity generation capacity, Independent Power Producers (IPP) Office Head Bernard Magoro highlighted at the RES4Africa conference in Cape Town, on Monday. They were the fast-tracking of approvals by government,... 

IPP Office head Bernard Magoro
IPP Office head Bernard Magoro

Re-pursue exploration to help re-build South Africa’s economy, says business booster   

By: Martin Creamer     13th March 2023 Let us re-pursue the exploration investment that catalysed South Africa’s economic growth more than a century ago as a means of helping to rebuild South Africa’s struggling economy. That is among the ardent messages put over by mining sector performance enhancer Dilley Naidoo, the the director of... 

Dilley Naidoo, Director of Business Development, Rifle-Shot Performance.
Rifle-Shot Performance's Dilley Naidoo interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Progress being made in reforming South African electricity sector, assures Presidency official 

By: Rebecca Campbell     13th March 2023 Major changes were indeed under way in the country’s electricity sector, South African Presidency project management head Rudi Dicks assured the RES4Africa Energy Security Conference in Cape Town, on Monday. “There is a risk that we miss the [reform] wood for the [crisis] trees,” he said. South... 

A photo of solar panels

B4SA launches independent fund for corporates to support Energy Action Plan

By: Marleny Arnoldi     10th March 2023 Business body Business for South Africa (B4SA), together with the Presidency, on March 9 announced the establishment of a Resource Mobilisation Fund (RMF) to help capacitate the National Energy Crisis Committee (Necom). Necom aims to reduce the severity and frequency of loadshedding in the short... 

B4SA chairperson Martin Kingston
Photo by Creamer Media
B4SA chairperson Martin Kingston

Multotec Canada becomes exclusive distributor for Siebtechnik centrifuge solutions in Canada

By: Marleny Arnoldi     10th March 2023 Mineral processing equipment supplier Multotec Canada has signed an agreement with Siebtechnik to become a distributor of the German company’s range of centrifuge products to the mining, chemicals, water treatment and food industries in Canada. Multotec Canada will expand the Siebtechnik... 

Multotec Canada GM Réjean Foisy
Multotec Canada GM Réjean Foisy

Supplier provides efficient valves for safe flow control

10th March 2023 Valve solutions supplier BMG’s Fluid Technology division supplies and supports an extensive range of components for fluid technology systems and general industrial applications. These products include valves, hydraulic hoses and fittings, accumulators, cylinders, heat exchangers, hydraulic motors... 

Company releases series of next-gen load sensing valves

10th March 2023 Motion and control technology supplier Parker Hannifin last year announced the release of a set of next-generation pre-compensated load sensing (LS) valves. This set was released as part of the company’s VA Series, which is designed specifically for highly demanding mobile machinery applications. 

Practical means to preserve valves

10th March 2023 Ball, gate, globe, butterfly and check valves, as well as valve assemblies, are all common and critical components in the oil and gas industry. Their job of regulating hazardous fluid flow in pipelines and piping systems underscores the importance of keeping them in peak operating condition, says... 

Imports, lack of legislative support curtail sector

By: Cameron Mackay     10th March 2023 The South African mining sector is a challenging sector for valves suppliers to operate in, as the valves used in the sector have become highly price-oriented. Industry body South African Valve and Actuator Manufacturers Association (Savama) executive committee member Julius Frauendorf says this... 

Welding certification for ISO 3834 increasingly being sought in mining industry – SAIW

By: Schalk Burger     9th March 2023 There is a move in the South African mining industry to specify that welding fabricators and associated suppliers must obtain ISO 3834 welding certification to ensure the quality and safety of the products and services they supply, says industry technical organisation Southern African Institute... 

A welder

Coal drives up Exxaro’s full-year earnings

By: Donna Slater     9th March 2023 JSE-listed diversified energy company Exxaro Resources expects its headline earnings a share for the year ended December 31 to have increased bu between 20% and 34% year-on-year, to between R56.20 and R62.75 – primarily owing to the good performance of its coal business, which was driven by... 

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