R/€ = 16.56 Change: 0.19
R/$ = 14.52 Change: 0.12
Au 1188.09 $/oz Change: 11.19
Pt 795.50 $/oz Change: 14.67


MC Mining secures R15m banking facility for Uitkomst colliery

By: Simone Liedtke     16th August 2018 Coal miner MC Mining’s 70%-owned Uitkomst colliery has procured a revolving asset facility from South African financial institution Absa Bank. Uitkomst intends to use the facility to finance the acquisition of new underground mining equipment following the transition to owner-operated mining at... 

Durable equipment is the key to success

By: Creamer Media Reporter      16th August 2018 One of the Western Cape’s fastest growing civil construction companies, JVZ Construction, attributes a large portion of its success to the procurement of reliable and durable equipment that has enabled it to complete projects effectively and timeously. As a result of its on-time performance and... 

Structurally-complex 140 West Street is both timeless and elegant

15th August 2018 The ability to make a structurally-complex building appear both elegant and timeless was the driver behind the successful design of the new 140 West Street commercial development in Sandton, according to Paragon Project Architect Kay Hausler. Developed by Zenprop, the 27 000 m² of P-grade office... 

Keras advances testwork at Togo manganese project

By: Anine Kilian     15th August 2018 Aim-listed Keras Resources has made a number of appointments to advance the 10 000 t bulk sampling metallurgical test work programme at the Nayega manganese project, in northern Togo. Keras has appointed Graham Stacey as project manager, Carriere Mines Travaux Public (CMTP) as the turnkey mining... 

Ausdrill adds underground expertise with Barminco deal

By: Esmarie Swanepoel     15th August 2018 Mining services provider Ausdrill has made a takeover offer for joint specialist underground hard-rock mining contractor Barminco in a deal valued at A$271.5-million. The transaction will create Australia’s second-largest mining services company. 

Minister decries Gold Fields’ job-cut plan at cash-burning South Deep

By: Martin Creamer     14th August 2018 They say South Deep will be the last gold mine standing, but every report coming out of it indicates that it is an extremely hard nut to crack, with production hopelessly below guidance. Since 2006, Gold Fields has pumped R32-billion into South Deep without even breaking even, let alone making a... 

GR Engineering settles Davyhurst dispute

By: Esmarie Swanepoel     13th August 2018 Perth-based GR Engineering and fellow-listed Eastern Goldfields have struck a settlement agreement relating to the 2017 refurbishment contract of the Davyhurst processing plant. GR Engineering said on Monday that while the terms of the settlement deed were confidential, the company could... 

Lucara recovers 253 special diamonds at Karowe in Q2

By: Simone Liedtke     10th August 2018 TSX-listed Lucara Diamonds’ Karowe mine, in Botswana, delivered 253 diamonds larger than 10.8 ct during the second quarter, ended June 30, representing 10.5% of the total recovered carats. This is also the highest number of specials recovered, by quarter, since production started at Karowe. 

Company appoints resellers to install sealing systems

By: Jessica Oosthuizen     10th August 2018 Distributor and maintenance contractor Southern Africa Master Distributors (SAMD), which is the Africa representative for sealing solutions provider Beele Engineering, has trained and appointed resellers in key industries to install Beele Engineering products, says SAMD sales and marketing... 

Property developer celebrates completion of R250m Sandton apartment skyscraper

By: Nadine James     10th August 2018 Property development company Masingita Group subsidiary Masingita Properties hosted a roof-wetting last month to celebrate the completion of its R250-million luxury apartment skyscraper, Masingita Towers, which is situated in West Road South near the Sandton central business district. The project... 

Rooppur nuclear power plant, Bangladesh

By: Sheila Barradas     10th August 2018 Construction of the walls of Unit 1’s reactor building are under way. 

Miner Trevali reports worker death at Burkina Faso mine

By: Reuters     9th August 2018 Zinc miner Trevali Mining Corp said on Thursday an accident at its Perkoa Mine in Burkina Faso resulted in the death of a worker. The miner was hired by a contractor, the company said. 

Humiliated for years, women are fighting back in mines of Chile

By: Bloomberg     8th August 2018 he first time Karen Requena entered the cafeteria at BHP Billiton’s massive Escondida mining operation in northern Chile, she couldn’t help feeling countless eyes fixed on her body as she walked across the vast hall. “It can’t get worse than that,” she thought. Then as Requena looked for a place... 

Wages, activity pick up in Australia's iron ore heartland

By: Reuters     7th August 2018 New spending by some of the world's largest iron ore miners is tightening the market for jobs and support services in Australia's biggest mining region, bringing a sense of optimism after years in the doldrums. Spending by majors BHP Rio Tinto and Fortescue has boosted confidence throughout the... 

Tanzania wants to build pipeline to pump gas to Uganda

By: Reuters     6th August 2018 Tanzania wants to build a pipeline to pump natural gas to neighbouring Uganda, another step in the two countries' bid to expand energy cooperation. State-run Tanzania Petroleum Development Corporation (TPDC) said on Monday that the pipeline would start from its capital Dar es Salaam, then pass... 

Professional fees

By: Terry Mackenzie-hoy     3rd August 2018 You can get advice from a fairly good consulting engineer at a rate of about $700 for an eight-hour day which is near enough to R1 200 an hour. This would be a person who is registered as a professional engineer and has at least 20 years' experience. The rates that individuals and consulting... 

Letšeng large diamond recoveries reach a record in H1

By: Marleny Arnoldi     3rd August 2018 LSE-listed Gem Diamonds continued to recover large diamonds during the first half of this year, with a record ten diamonds greater than 100 ct recovered, at its Letšeng mine, in Lesotho. Gem recovered another such diamond in July, which resulted in the highest number of more-than-100 ct... 

Ironbark finds contractor for Citronen

By: Esmarie Swanepoel     3rd August 2018 Base metals hopeful Ironbark Zinc has signed a memorandum of understanding (MoU) with mining contractor Byrnecut Offshore over the Citronen zinc/lead project, in Greenland. The two companies will now work on a commercial agreement for underground contract mining services, underground mine cost... 

Number of female mineworkers gradually increasing as technology and conducive policies are introduced

By: Nadine James     3rd August 2018 The mining industry remains male dominated and much can still be done to address issues that specifically affect women. However, policies aimed at attracting, supporting and retaining women have led to a gradual, but steady increase in the number of women in core roles, as well as the industry in... 

Unique design solution for 92 Rivonia Road project

By: Melissa Zisengwe     3rd August 2018 Formwork and scaffolding manufacturer PERI South Africa was able to supply a unique design solution for the challenging 92 Rivonia Road mixed-use development. This allowed main contractor WBHO to come to grips with the striking ‘feature brows’ at the project, lead engineer: key and strategic... 

1 300 jobs affected as Lydian responds to illegal Armenia demonstrations

By: Mariaan Webb     2nd August 2018 It has been more than a month since Lydian International first reported that illegal road blockages are preventing access to the Amulsar site and the Canadian company has now issued termination notices to about 30% of its workforce, idled construction contractors and warned of more job cuts to... 

Tando to accelerate exploration at South African vanadium project

By: Nadine James     2nd August 2018 ASX-listed junior exploration company Tando Resources on Thursday announced that it heliborne magnetic survey has delineated targets that demonstrate the potential for a low-cost direct shipping ore (DSO) operation at its SPD vanadium project, in South Africa. As a result, Tando has decided to... 

MC Mining takes over Uitkomst mining

By: Esmarie Swanepoel     2nd August 2018 Coal miner MC Mining will spend some $4.9-million to acquire the mining equipment from independent mining contractor Khethekile Mining, allowing the company to transition to an owner-operator model at its Uitkomst colliery, in South Africa. The equipment includes a conveyor system and coal... 

McEwen achieves 45% increase in gold equivalent output in Q2

By: Simone Liedtke     31st July 2018 NYSE- and TSX-listed McEwen Mining increased its gold-equivalent ounce (GEO) production by 45% in the quarter ended June 30. All-in sustaining costs (AISC) per ounce decreased by 2% year-on-year. 

Beadell lowers FY guidance to focus on cash flow

By: Esmarie Swanepoel     31st July 2018 Gold miner Beadell Resources has adjusted its full-year gold production expectations as the company focuses on cash flows, rather than production. Beadell on Tuesday said that production for the full 2018 is now expected to be between 125 000 oz and 135 000 oz, compared with the previous... 

DBSA awards R145m flagship contract to Motheo Construction Group

30th July 2018 The Motheo Construction Group has been awarded a R145 million contract by the Development Bank of Southern Africa (DBSA) for bulk services at the Tembisa Extension 25 mega-project for the Ekurhuleni Metropolitan Municipality. Located on former Old Mutual Land, the project has been allocated R160... 

More than 300 delegates expected

By: Donald Makhafola     27th July 2018 The Southern Africa Readymix Association (Sarma), The Concrete Institute (TCI), the Concrete Society of Southern Africa (CSSA) and the Concrete Manufacturers Association (CMA) are looking forward to hosting more than 300 delegates at this year’s The Concrete Conference (TCC), which will take... 

Engineering gut feel

By: Terry Mackenzie-hoy     27th July 2018 So, there I was at a site meeting. As acoustics engineers, we had designed a roof build-up for the building which was under construction; firstly, to comply with thermal insulation requirements and, secondly, to comply with sound insulation requirements. We had been called to the site meeting to... 

Kusile power plant project, South Africa

By: Sheila Barradas     27th July 2018 Eskom has signed a loan agreement with the China Development Bank for the Kusile power station. 

Solid start for M&D Construction Group on ground-breaking housing development

By: Creamer Media Reporter      26th July 2018 M&D Construction Group, a leading South African building and civil-engineering construction contractor, has commenced work on a large development that will provide affordable housing to many low income earners and tenants in Vosloorus, Gauteng. Importantly, this project aims to deliver an... 

Uitkomst production spikes in June Q

By: Esmarie Swanepoel     26th July 2018 South Africa focused MC Mining has reported increased production during the June quarter at its Uitkomst colliery, despite ongoing equipment challenges at the mine. Run-of-mine (RoM) production for the three months to June was up by 7% on the previous quarter, reaching 123 771 t. 

BioTherm reaches financial close on four renewables projects

By: Creamer Media Reporter      25th July 2018 African renewable energy development platform and power producer BioTherm Energy has reached financial close on a 284 MW portfolio of wind and solar projects in South Africa as part of the fourth round of the South African Renewable Energy Independent Power Producer Procurement Programme. The... 

Fluor Chosen for Conceptual Study for Sasol’s Clean Fuels and Octane Program in South Africa

By: Creamer Media Reporter      23rd July 2018 IRVING, Texas and WOODMEAD, South Africa (July 23, 2018) – Fluor Corporation  announced today that it was awarded the front-end loading engineering (FEL) for the Secunda Clean Fuels Baseline Improvement Basket of Projects by Sasol South Africa (Pty) Ltd. Fluor signed the contract in the second... 

Earthform The Perfect Solution

23rd July 2018 When a couple in Thohoyandou, Limpopo, decided to build their dream retirement home they were faced with an unexpected challenge, soil erosion due to the high lying area of their land. A Google search highlighted Technicrete’s Earthform retaining wall blocks as a solution. Meeting with... 

WorleyParsons commences with second wind power project in Kenya

By: Creamer Media Reporter      23rd July 2018 WorleyParsons has recently signed a 22-month owner’s engineer contract for the Kipeto Wind Power Project in Kenya, the second largest in the country after the Lake Turkana Wind Power Project. The Kipeto Wind Power Project will comprise 60 wind turbines generating a combined capacity of 100 MW of... 

Tynemouth battery energy storage system, UK

By: Sheila Barradas     20th July 2018 Enel’s Global Thermal Generation division is building its first utility-scale standalone battery energy storage system in North Tyneside. 

WBHO grows its UK presence

By: Creamer Media Reporter      19th July 2018 Wilson Bayly Holmes-Ovcon (WBHO) subsidiary WBHO UK has acquired a 60% stake in UK construction business Russells for £32.8-million, as well as a 31.7% stake in Russell Homes for £3.25-million. Russells provides design, installation and project management capabilities in the UK construction... 

Production at Xtract’s Manica concession increases 42% q/q

By: Marleny Arnoldi     16th July 2018 Alluvial mining contractors operating at Aim-listed Xtract Resources’ Manica concession, in Mozambique, produced 1 703 oz of gold in the second quarter – a 41.9% quarter-on-quarter increase.  

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