R/€ = 17.48 Change: 0.05
R/$ = 14.92 Change: 0.02
Au 1750.56 $/oz Change: -3.73
Pt 987.00 $/oz Change: 3.75


Menar spells out diversification strategy 

By: Martin Creamer     24th September 2021 The diversification strategy of private investment and management company Menar is very much in sync with the global push towards a greener future, says Menar MD Vuslat Bayoglu. Speaking to Mining Weekly in an online interview for this Joburg Indaba Preview Feature, Bayoglu outlined how Menar’s... 

New valve manufactured for tailings pipelines

By: Halima Frost     24th September 2021 Although South African company Dynamic Fluid Control (DFC) has only soft launched its new slurry knife gate high-pressure valve, the SKG-HP, it has been well received by clients. The clients intend to use the valve in highly corrosive applications such as moving tailings from a processing plant... 

Jib crane to be used for underground ore recovery

By: Schalk Burger     24th September 2021 Crane and hoist manufacturer Condra Cranes designed, manufactured and delivered a large jib crane that will be trialled for the bulk recovery of ore spilled underground. The 5 t crane has a 9 m lifting height and a slewing radius of 5 m, with an orange-peel hydraulic grab and electromagnet – a... 

1 200 jobs created as Ford prepares for new Ranger production at Silverton plant

By: Irma Venter     24th September 2021 Ford South Africa (Ford SA) has created about 1 200 incremental jobs by reintroducing a third shift to its operations at the Silverton assembly plant. The additional shift forms part of the US automaker’s $1.05-billion investment in the Pretoria plant to produce the next-generation Ranger bakkie,... 

First electric truck from China’s JAC Motors starts operations in South Africa

By: Irma Venter     24th September 2021 The first electric truck from Chinese auto maker JAC Motors has started operations in South Africa. The arrival of the electric N-series truck marks the start of JAC Motors South Africa's (JMSA’s) local electric vehicle (EV) programme, says public relations manager Braam Faul. 

Talga starts gaphite trial mining in Sweden

By: Esmarie Iannucci     23rd September 2021 ASX-listed Talga has started trial mining at its Vittangi graphite project in north Sweden. The 2021 trial mining campaign is extracting a 2 500 t sample of natural graphite from the Niska South deposit of Vittangi. 

Chip uncertainty causing PGMs price uncertainty – chief investment officer  

By: Martin Creamer     22nd September 2021 The general feeling is that chip capacity will slowly start coming back in the next few months, but only to return the auto industry back to where it was pre-Covid, and not to the post-Covid surge, which resulted in platinum group metals (PGMs) prices going through the roof. If the global auto... 

New presses give Multotec the edge in mill linings

22nd September 2021 Responding to the rising demand, Multotec has added to its facilities two new rubber vulcanisation presses at its extensive local manufacturing facility in Spartan, Gauteng – raising quality levels while reducing lead times for customers. The new additions have improved both the production... 

Iron-ore storms past $100 as China soothes Evergrande concerns

By: Bloomberg     22nd September 2021 Iron-ore’s roller-coaster ride in 2021 shows no signs of easing, with prices ending an unprecedented slump to move sharply higher as investors monitor simmering debt troubles at China Evergrande Group. The developer’s onshore property unit said it reached an agreement with yuan bondholders on an... 

MTEE appoints EngineCo as dealer in South Africa

21st September 2021 EngineCo, based in South Africa, is now an official dealer of Mitsubishi Turbocharger and Engine Europe B.V. (MTEE). They are responsible for the sales and service of Mitsubishi Diesel Engine from 6.2 kWm to 3604 kWm for industrial purposes in South Africa. EngineCo Tulisa Park Mega factory 

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