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Integrated Pump Rental

24th May 2019 Integrated Pump Rental is a specialist pump rental organisation that caters to the needs of all sectors, including mining, quarrying, construction, wastewater, energy and general industry across Africa. The company has the agility to offer cus­tomers quick and easy access to a comprehen­sive... 

Company progresses copper/silver project

24th May 2019 Venture capital firm and owner of the Khoemacau copper/silver project Cupric Canyon Capital has made significant progress towards the construction of what is to be a major copper and silver mine in north-west Botswana and expects first copper concentrate production in the first half of 2021.... 

Chicago Pneumatic showcases generator fitness at Botswana MTEs

20th May 2019 Chicago Pneumatic is passionately powering a drive to expand its presence and brand awareness across Southern Africa. A key platform which has proven to greatly assist the company to achieve these goals is the Mining & Technical Exhibition (MTE), at which the high-performance tools and equipment... 

Jozi Power buys back shares from G5

By: Creamer Media Reporter      20th May 2019 Jozi Power, the mining power station and transformer rental specialist, bought back the entire 29% stake held by its largest shareholder, a subsidiary of Group Five, currently in business rescue. Jozi Power operates power stations for mines in Africa. It is currently active at mines in Sierra... 

Palladium boom gives South African miners only temporary reprieve

By: Reuters     17th May 2019 A surge in palladium prices has thrown struggling South African mining companies a lifeline. But it may not be enough. Besides patchy power supplies and high labour costs, South African miners are saddled with ore that typically produces twice as much platinum as palladium - just at a time a... 

Positive reaction to Radebe’s lifting of licence restraints on small-scale power plants 

By: Terence Creamer     15th May 2019 Industry has reacted positively to revelations that Energy Minister Jeff Radebe has written to the National Energy Regulator of South Africa (Nersa) indicating that it should begin to license small-scale embedded generation (SSEG) projects with capacities of above 1 MW. Business Day reported on... 

Tharisa sticks to dividend guns as mine reconfiguration lowers output, profit 

By: Martin Creamer     15th May 2019 Platinum group metals and chrome mining company Tharisa Minerals has not allowed lower half-year production, profit and cash flow to get in the way of declaring an interim dividend. The Johannesburg- and London-listed company declared a $0.005-a-share payout on earnings a share of $0.4c, in... 

Zimbabwe platinum mines to ride out power cuts, gold output less secure 

By: Reuters     15th May 2019 Power imports are cushioning platinum mining companies against Zimbabwe's worst blackouts in three years, but gold mines could face production cuts as they continue to rely on an unstable national grid, industry officials said. State utility ZETDC this week started indefinite rolling power cuts... 

South Africa urged to use seasonal advantage to secure lower LNG prices from Mozambique 

By: Terence Creamer     13th May 2019 South Africa is failing to fully grasp the energy and economic significance of the impending development of the enormous gas reserves discovered in northern Mozambique since 2010, Standard Bank oil and gas specialist Paul Eardley-Taylor argues. Between 150- to 200-trillion cubic feet of gas has... 

First-quarter platinum demand up 32% on surge in ETF holdings  

By: Nadine James     13th May 2019 Platinum demand increased by 32% year-on-year to 2.56-million ounces in the first quarter of this year, following a surge in investment demand, the World Platinum Investment Council noted in its latest ‘Platinum Quarterly’ report, released on Monday. Investment demand was high enough to offset... 

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