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Platinum Group Metals News

Successful tramming devices

By: System Author     25th June 1999 The Datarail 100 system from SA Automation has found extensive application in tramming of ore in coal, gold and platinum mines. These devices are used in many successful installations throughout the industry. The system is certified for use in trade, and is competitively priced when compared to... 

Mining locos taken for granted

By: System Author     25th June 1999 Mining locomotives are such an established part of Southern African mining that they are taken for granted only too often. This has resulted in many users not utilising the full potential of their horizontal-transport investment. Mine rolling-stock and locomotive investment at present-day... 

Mineral processing simulated

By: System Author     18th June 1999 Mid-February saw the delivery to Lonmin’s Karee platinum mine of a fully portable pilot flotation plant, termed the flotability characterisation test rig (FCTR), which was then commissioned prior to the official launch in April. University of Cape Town (UCT) dean of engineering Professor... 

Boost for SA, Oz research

By: System Author     18th June 1999 Potentially one of the greatest achievements in the 37-year history of the Australian Mineral Industries’ Research Association (Amira) P9 project is the concept and research behind its flotability characterisation test rig (FCTR). The Amira P9 project consists of mining companies and... 

Stepping into the mining-house breach

By: System Author     11th June 1999 The changing mining industry is providing new opportunities for consulting engineers serving the mining industry. The phasing out of the old mining-house concept in particular is resulting in tenders being invited for work which was previously the preserve of the mine owners themselves. A firm... 

Gold beneficiation initiatives take off

By: System Author     4th June 1999 South African gold-mining company Anglogold is undertaking various initiatives to support local gold beneficiation, including the ‘Riches of Africa’ gold jewellery design competition. At a gala function held in Gauteng in May to announce the overall winner, Anglogold CEO Bobby Godsell... 

Gold’s monetary role increasing

By: System Author     4th June 1999 There is still a broad appreciation of gold’s role as a monetary asset, evidenced by the fact that 120 institutional holders of the metal, such as Russia, Poland and the Philippines, are actively adding to their reserves. This is the view of World Gold Council (WGC) gold market analysis... 

Declines progress

By: System Author     28th May 1999 Both the South mine material and conveyor declines at Anglo American Platinum’s Bafokeng-Rasimone platinum mine in the North West Province have reached level three elevation. Awarded to shaft-sinking company Cementation Mining, the R165-million contract involves the development and... 

New R200-million PGM smelter

By: System Author     28th May 1999 Lonrho Platinum has commissioned Dowding Reynard and Associates (DRA), of Johannesburg, as engineering, procurement and construction management contractor for an overall R200-million project to design and build a massive new platinum-group metals (PGM) smelter near Marikana, in the North West... 

The long and the short of mining

By: System Author     21st May 1999 Despite some predictions that longwall mininh in coal-mines has lost favour in South Africa, with the number of mines using this method steadily declining, CSIR Miningtek mining systems programme manager Pat Willis maintains that longwall may be the way of the future. “As South African... 

Gold.com: gold in bid to become cyber currency

By: System Author     21st May 1999 Over the last few years, it has become fashionable to talk of the demonetisation of gold; some have even referred to it as reverse alchemy. How can gold, which is really ‘g’ plus ‘old’, ever expect to regain a central place in the fast- moving, bit-and-byte-based financial... 

Tanzania showing the way

By: System Author     14th May 1999 By instituting economic, financial and tax reforms in a reasonably stable political environment, Tanzania is aiming to provide the climate necessary for mines to flourish in the country. Tanzania is a rich source of gold, diamonds, base metals, platinum-group metals, ferrous metals, tin,... 

Gold council losing support

By: System Author     14th May 1999 Contributions to the World Gold Council (WGC) by global producers are dwindling. Speaking at the official launch of a new series of fashionable 24-carat gold coins by the South African Mint, Anglogold executive director, marketing, Kelvin Williams, said that support, as a percentage of world gold... 

Far East props up gold

By: System Author     14th May 1999 small band of gold producers that support the World Gold Council are riding united through the stormy winds of legislative change to find their own golden fleece in Far East markets. Through the council, gold producers are slowly opening up markets and increasing gold offtake. In 1992, India... 

Novel SA–Oz platinum alliance

By: System Author     30th April 1999 Australian listed mining company Aquarius Platinum – already spear- heading the R311-million Kroondal project – is further expanding its activities in Southern Africa, striking up a special association with South African platinum giant Impala Platinum. With resources at Marikana in... 

The Kroondal XV: tiny team, tall task

By: System Author     23rd April 1999 Never in the field of South African mining has so much been contracted out by so few to so many. The 45% Australian-owned Johannesburg Stock Exchange-listed Kroondal Platinum Mines (KPM) employs a ‘tiny team’ of 15 staff – hence Mining Weekly’s Kroondal XV rugby metaphor.... 

Instantly-paying mine

By: System Author     23rd April 1999 A major economic advantage of the new Kroondal platinum operation is that all mining is on reef, both in the open pit and underground, Mining Weekly can today report. This means that there is no need for the construction of costly underground infrastructure to access platinum-bearing ore. The... 

International accounting

By: System Author     23rd April 1999 Kroondal Platinum Mines (KPM) complies with generally-accepted accounting practice (Gaap) and with international accounting standards (IAS) benchmarks, essential to satisfy foreign shareholders in particular. This is a far cry from conventional South African mining-house accounting practice.... 

Highest-grade made

By: System Author     23rd April 1999 The 900 g/t of platinum, palladium, rhodium and gold at Kroondal Platinum Mines (KPM) is expected to represent the highest-grade concentrate in the platinum-mining industry, KPM metallurgical manager Gordon Ramsay tells Mining Weekly. KPM will produce some 107 000 oz of platinum, 57 000 oz of... 

10,9% below-budget trend

By: System Author     23rd April 1999 The R311-million 12-month Kroondal Platinum Mines (KPM) project is currently R34-million below budget and on schedule, technical manager Robin Jones tells Mining Weekly. The project – begun in August last year and scheduled for hot commissioning in August this year – is expected to... 

19% of capex spent so far

By: System Author     23rd April 1999 Some R60-million has been expended so far on the Kroondal Platinum Mines (KPM) project, representing just over 19% of the R311-million budgeted to do the complete job, financial manager Graham Ferreira tells Mining Weekly. In addition to the R60-million already paid out, a total of R160-million... 

SA know-how put to test

By: System Author     23rd April 1999 The metallurgical test-work – on which the Australian-initiated Kroondal Platinum Mines plant design is based – was carried out by the State-owned South African minerals-technology organisation Mintek, of Randburg, which has extensive platinum-processing experience. Measurements,... 

July ore processing

By: System Author     23rd April 1999 The company awarded the contract to operate and maintain the concentrator at Kroondal Platinum Mines (KMP) expects the first ore to be processed through the plant in July. Minopex, of Johannesburg, winner of the R68-million, five-year contract which begins on July 1, is currently recruiting 83... 

Big earthworks savings

By: System Author     23rd April 1999 An unconventionally flexible contractual arrangement for bulk earthworks and roads and minor civil works at the Kroondal project has proved so successful that the concept is being extended to embrace construction of the tailings dam, Mining Weekly can today report. The arrangement takes the form... 

Where underground meets opencast

By: System Author     23rd April 1999 As the underground and opencast ores have two separate flotation characteristics, the ores will be crushed separately and stored in two separate silos ahead of the dense-media separator (DMS). The separate crushed products will be blended on to the main conveyor to the DMS, which is designed to... 

South Africa’s purple gold

By: System Author     23rd April 1999 In what is believed to be a world first, purple-coloured gold has been faceted for use in jewellery for the local and export market by research and development organisation Mintek. The purple gold, which is an intermetallic compound of gold and aluminium, has been known to chemists and... 

Where plant operators’ buck stops

By: System Author     23rd April 1999 The responsibility of the contracted plant operator begins with the flow of run-of-mine material from on-surface grizzleys, includes the overland conveyor and all associated surface infrastructure, and ends with the removal of the final platinum-group metal (pgm) concentrates by the road tanker... 

. . . but platinum a new target

By: System Author     16th April 1999 As firm statistics start to replace estimates on the scope of crime in South African mines for the first time, it is clear that syndicates are increasingly broadening their focus from gold and diamonds to the platinum industry. While 1 413 gold-theft related arrests were made in South Africa in... 

New winder for platinum-mine

By: System Author     9th April 1999 A large winder for the Eastern Platinum mine is being supplied by Winches and Winders, of Kempton Park, Gauteng, for use on the newly-developed Newman incline shaft. Featuring 160 kW installed power, the single-drum Fulton winder has double calliper brakes 1,8 m in diameter with a 2,2 m-wide... 

Another platinum crown

By: System Author     26th March 1999 After the stock market crash in June last year nearly crushed the plans by Kroondal Platinum Mines (KPM) to establish its first platinum-mining operation, the R311-million project is on track to start full production in January 2000. KPM hosted a visit to the site earlier this month, at which... 

RUNNING SHORT

By: System Author     26th March 1999 A 400 000 oz shortfall in platinum is expected by 2002. This estimate by Anglo American Platinum Corporation (Amplats) MD Barry Davison is based on the depletion of Russian stockpiles and rising demand due to the increased use of platinum-group metals (PGMs) in automotive and medical components.... 

Gold demand surges

By: System Author     26th March 1999 Gold demand in the fourth quarter of 1998 reached the highest level ever recorded for any three-month period, reports the World Gold Council’s quarterly survey Gold Demand Trends. Fourth-quarter demand in the countries monitored by the council was 807 t, 6% above the fourth quarter of 1997... 

Y2K bug’s teeth removed

By: System Author     26th March 1999 The ‘Y2K’ bug is no mere insubstantial spectre, an apparition generated by the overheated imagination of a panic-mongering information technology (IT) salesperson or sensationalist journalist – as tests run by a leading South African mining company have revealed, and this... 

R80m opencast-mining contract

By: System Author     26th March 1999 MINING company and Concor Roads division Concor Opencast Mining has been awarded a contract worth R80-million from Amplats for the opencast mining operations at the Bafokeng Rasimone Platinum Mine near Rustenburg. The three-year contract calls for the company to handle all opencast operations,... 

Ventilation shaft drilling work begins

By: System Author     26th March 1999 DRILLING of the 380-mm-diameter 965-m-deep pilot hole for the Impala No 1 ventilation shaft has been started by raiseboring contractor Rucbor. The contract, to construct the 5,1-m-diameter 965-m-deep ventilation shaft, was awarded to Rucbor following its proposal to use its well-proved... 

R42m capex on way

By: System Author     26th March 1999 At operational level, moderate capital-expenditure pro- grammes are still being made at Durban Roodepoort Deep (DRD) mines, with total capital for the next two quarters at R42-million, to be spent in R20-million and R22-million tranches. Another R8-million will be needed at Blyvoor Tribute area.... 

Serving the interests of SA mine engineers

By: System Author     19th March 1999 THE representative body for engineers working on South African mines – the Association of Mine Resident Engineers of South Africa (Amre) – celebrated its 75th birthday in February this year, thereby becoming one of the oldest associations of its kind in the country. With 500 members... 

US, China save platinum’s day

By: System Author     12th March 1999 Not only has the world demand for platinum jewellery held up despite global economic turmoil, but markets outside Japan – traditionally by far the most important single market for the product – have shown strong growth. While the global market for platinum jewellery grew by only 1,4%... 

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