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Aveng on track to settle its legacy debt by June

21st February 2023 JSE-listed Aveng remains on track to settle the remaining R353-million of its South African legacy debt this year, CEO Sean Flanagan said on February 21. At its height in 2018, this debt amounted to R3.3-billion. During the six months to December 31, 2022, R125-million was repaid, reducing the... 

Minimizing downtime in mining operations with set to spec equipment

14th June 2022 Machine downtime has a major impact on profit and productivity in any mining operation. It is critical that mining companies have access to reliable heavy equipment and machinery 24/7 to achieve their objectives. Described as a duration the machine cannot work when needed, machine downtime has... 

World Coal Association welcomes new South African members

16th May 2022 Industry body the World Coal Association (WCA) has welcomed two new members to the growing alliance of responsible coal participants. These are Seriti, a major South African mining company that operates seven large-scale thermal coal mines, predominantly supplying State-owned utility Eskom power... 

The future of mining in South Africa

12th May 2022 Mining can’t continue as it has: that’s the core of this year’s Mining Indaba with a theme that centres on greening a historically harmful industry. With carbon dioxide levels in the atmosphere at their highest levels ever, Barloworld Equipment is well aware of the monumental changes needed to... 
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Bowen starts third opencut operation

Coal miner Bowen Coking Coal has started production at its third opencut mine in Queensland, announcing on Friday that boxcut mine development had started at the greenfield Ellensfield South pit, which forms part of the rencently acquired Burton Complex. The first run-of-mine (ROM) production... 

Danakali completes Colluli sale

ASX-listed Danakali has completed the sale of its 50% shareholding in the Colluli sulphate of potash (SOP) project, in Eritrea, to Sichuan Road and Bridge Group. The company in January struck the $166-million deal under which Sichuan Road and Bridge Group would acquire all of Danakali’s shares... 
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