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Mining Weekly | Topic | Latest News - Cutting

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Sandvik invests further in service capacity

21st September 2021 The recent move by Sandvik Mining & Rock Solutions to its new and upgraded Khomanani facility has boosted the company’s already considerable service capabilities. The modern premises near Kempton Park in Gauteng include a mega-workshop that now rates among the global company’s largest facilities,... →

Gold edges higher as havens rally on growing Evergrande fears

By: Bloomberg 20th September 2021 Gold advanced as fears of a spillover from debt woes of Asian real estate developer China Evergrande Group stoked demand for havens, outweighing concerns that the Federal Reserve’s reduction in stimulus could come soon. US equities fell more than 2% as investor angst deepened over China’s... →

Eskom CEO bemoans slow pace of talks on cutting R402bn debt

By: Bloomberg 20th September 2021 Talks about reducing the South African state power utility’s R402-billion debt to a manageable level are taking too long, its CEO Andre de Ruyter said. Eskom Holdings, which produces most of South Africa’s power, can’t meet its running and debt service costs and is dependent on government... →

Aftermarket guidelines beneficial to automotive industry

By: Darren Parker 17th September 2021 Competition Commission South Africa’s Automotive Aftermarket Guidelines, which came into effect in July, after being published in January, can be “hugely beneficial to motorists”, says tyre manufacturer and distributor Sumitomo Rubber South Africa CEO Lubin Ozoux. “However, consumers still have a... →

Refrigeration system to cut energy costs available

By: Halima Frost 17th September 2021 With South African retailers looking for ways of recovering from the latest lockdown, as well as the looting and vandalism, an opportunity to decrease costs on the system that comprises the bulk of their energy spend, which is refrigeration, has arisen. “All food retailers rely on refrigeration... →

PGMs are being hammered by the chip shortage

By: Bloomberg 16th September 2021 The shortage of semiconductors is clobbering the price of platinum-group metals as investors brace for a long-lasting hit to car production. Platinum and its sister metals palladium and rhodium – used in pollution-cutting catalytic converters – have all suffered sharp drops in recent weeks as... →

i-80 initiates test mining at Granite Creek

By: Mariaan Webb 15th September 2021 Nevada-focused i-80 Gold on Tuesday announced that it had begun an underground test mining programme at its high-grade Granite Creek mine, in Humboldt county, with the goal of making a production decision. Underground drilling and advancements at Granite Creek would be focused on delineating... →

Trudeau pledges to cut Canada's oil emissions even as country keeps pumping more

By: Bloomberg 14th September 2021 Prime Minister Justin Trudeau's promise to reduce Canada's oil sector emissions starting in 2025 looks unlikely to slow the growth of crude production, environmental activists and oil companies say, raising questions about how effectively the pledge will help meet the country's goals to slow... →

Steel handling made easier

10th September 2021 Mobicon container handlers have been used in the global steel industry for over 15 years, to enhance the efficiency and safety of handling components like steel reinforced bars. These versatile machines are used efficiently in many industries, including transport and logistics, food and beverage... →

Orica

10th September 2021 Orica is the world’s largest provider of commercial explosives and innovative blasting systems to the mining, quarrying, oil and gas and construction markets, a leading supplier of sodium cyanide for gold extraction, and a specialist provider of ground support services in mining and tunnelling.... →

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