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There's a golden shelter from recession risks at these mines

By: Bloomberg 22nd January 2019 There’s a better potential haven than gold for investors spooked by the risk of a recession this year – mid-sized producers who’ve outperformed both bullion and the rest of the mining industry. Companies including Canada’s Kirkland Lake Gold and Australia’s Northern Star Resources have scope to... →

Why OE Quality Matters for Aftermarket Fuel Filters

By: Creamer Media Reporter 21st January 2019 When it comes to replacing the fuel filter element on a light commercial vehicle such as the Ford Transit, Parker Racor ensures the job is simple, fast and foolproof thanks to a patented compound bayonet fitting system. The tip here, however, is that only by using Racor aftermarket elements,... →

Evolution II Fund closes $41m funding round

By: Tasneem Bulbulia 18th January 2019 Africa-focused investment advisory firm Inspired Evolution led a $41-million equity investment by its Evolution II Fund and other consortium partners into Africa-focused solar business d.light. Evolution II invested $18-million alongside $10.6-million from the Dutch Development Bank FMO,... →

How the cargo ship industry is cleaning up its filthy act

By: Bloomberg 18th January 2019 Air pollution from cars and factories has been regulated in much of the world since the 1970s. When it comes to the smoke-belching ships that carry global trade, the rules have been a lot looser. Big changes start next January, though, when long-debated standards from the International Maritime... →

Goldcorp names #DisruptMining semi-finalists

By: Creamer Media Reporter 18th January 2019 The six semi-finalists for #DisruptMining 2019 and the five 'sharks' who will judge the live finale of Goldcorp's yearly innovation challenge have been named. →

Gamsberg set to trigger new wave of industrialisation in Northern Cape

By: Simone Liedtke 18th January 2019 With diversified miner Vedanta Zinc International’s (VZI’s) flagship Gamsberg project coming on stream, the Northern Cape province has the potential to become a base metals mining, processing and beneficiation hub. VZI CEO Deshnee Naidoo says Gamsberg has the potential to have a huge impact on... →

Engineering firm changes name

18th January 2019 Engineering consultants SMC Pneumatics South Africa has changed its name to SMC Corporation ZA, which reflects the growing range of non-pneumatic components being developed by SMC globally, owing to its continued focus on research and development (R&D). With the objective of producing cutting... →

The real challenge facing the Eskom task team

By: Terence Creamer 18th January 2019 The most recent financial and operational crises at Eskom have brought to the fore the serious economic risks associated with relying on an entity that is simply too big to fail. Its governance problems, meanwhile, have highlighted the social, political and reputational risks of allowing such an... →

Bu Hasa field upgrade and expansion, United Arab Emirates

By: Sheila Barradas 18th January 2019 Abu Dhabi National Oil Company plans to increase oil production capacity at Bu Hasa from 550 000 bbl/d to 650 000 bbl/d by the end of 2020. →

First Oxford Parks building completed

By: Marleny Arnoldi 17th January 2019 Construction of the Oxford Parks development, in Rosebank, has progressed, with the first building, built by Concor Buildings to serve as the new head office of oil company BP South Africa, completed. The 4-star green rated building is part of Phase 1 of the Oxford Parks vision, which will... →

Thirty companies form alliance to help curb plastic waste

By: Marleny Arnoldi 16th January 2019 Thirty companies have joined forces to establish the Alliance to End Plastic Waste (AEPW), which aims to advance solutions to reduce and eliminate plastic waste from the environment, especially the ocean. The alliance is a nonprofit organisation that involves companies from across the global... →

Optimum, Koornfontein preliminary business rescue plan to be submitted for creditor approval next week

By: Marleny Arnoldi 16th January 2019 Legal adviser Bouwer van Niekerk expects to have a preliminary business rescue plan for Optimum Coal Mine and Koornfontein Mine submitted for creditor approval by the end of next week, he confirmed to Mining Weekly Online on Wednesday. The mines’ business rescue practitioners (BRPs) have been... →

Anglo American begins quest to unearth next CEO

By: Reuters 15th January 2019 Anglo American has promoted a section head it considers to have CEO potential, focusing its attention on internal talent as it begins searching for a successor to the man who steered the mining company through the 2015/16 commodities price slump. CEO Mark Cutifani has won plaudits for his... →

Newfield Resources marks progress at Tongo project

By: Tasneem Bulbulia 15th January 2019 ASX-listed Newfield Resources is, along with its technical partners PPM, SRK Consulting and Datamine, nearing completion of the front-end engineering design study for its Tongo diamond project, in Sierra Leone. The outcome of the study is expected to be released in the first quarter of this year. →

Weir Mineral’s Cavex® Hyrdocyclone Shines In Diamonds

15th January 2019 The successful performance of Weir Minerals’ Cavex® hydrocyclones at a diamond mine in South Africa’s Northern Cape Province has proved the technology’s applicability in dense medium separation (DMS) plants treating diamondiferous material. In her presentation to the Southern African Institute of... →

Debtech X-Ray Diamond Recovery Technology To Sierra Leone

15th January 2019 Working in collaboration with project house Paradigm Project Management, diamond processing technology specialists DebTech is supplying its well-proven X-ray diamond recovery technology to the Tongo diamond mining project in Sierra Leone, currently being developed by Newfield Resources Ltd.... →

Mining needs to embrace Industry 4.0

By: Creamer Media Reporter 14th January 2019 Challenges faced by the mining industry today like increasing production costs, depressed commodity prices and the high cost of electricity, are forcing the mining sector to embrace the Fourth Industrial Revolution as it brings industrial transformation. Such developments will bring the training... →

Newmont seeks to become world's biggest gold producer through $10bn Goldcorp buyout

By: Marleny Arnoldi 14th January 2019 NYSE-listed Newmont Mining Corporation and NYSE- and TSX-listed Goldcorp have entered into a definitive agreement that will result in Newmont acquiring all shares of Goldcorp in a stock-for-stock transaction valued at $10-billion. Newmont will acquire each Goldcorp share for 0.3280 of a Newmont... →

BRPs to meet with Optimum, Koornfontein creditors to vote on proposed business rescue plans

By: Simone Liedtke 10th January 2019 The joint business rescue practitioners (BRPs) of Optimum Coal Mine (OCM) and Koornfontein Mines (KFT) expect to convene meetings with creditors within the next few weeks to vote on the proposed business rescue plans for the mines. The meetings will take place once the BRPs have resolved... →

Air-purifying concrete can reduce atmospheric pollution

10th January 2019 The use of air-purifying concrete in both pavements and surrounding structures can play a major role in the reduction of atmospheric pollution in urban areas, says Bryan Perrie, MD of The Concrete Institute. Perrie says air pollution is a steadily increasing problem in densely populated area and... →

Siemens launches a one of a kind Distributed Energy System for Africa

By: Creamer Media Reporter 10th January 2019 Siemens launches end – to end Distributed Energy System (DES) 40% reduction in energy usage Pilot platform at corporate headquarters park showcases Siemens products and solutions portfolio for Microgrids, energy storage and energy distribution Siemens launched a one of a kind, end-to-end... →

Rittal’s industry-first enclosure making waves

By: Creamer Media Reporter 9th January 2019 How can the best be made even better? This is the question that Rittal asked itself as we began developing a new enclosure system. This ground-breaking system sees the rise of the enclosure evolution with more than 25 registered patent and trademark applications. Following the official launch of... →

Nkomazi SEZ posited to bolster Mpumalanga’s industrialisation

By: Tasneem Bulbulia 8th January 2019 The recent designation of the Nkomazi Special Economic Zone (SEZ), in Mpumalanga, is expected to contribute considerably to the economic and industrial development of the Nkomazi region and the province at large. This is according to Trade and Industry Minister Dr Rob Davies, who designated the... →

Gold miners to focus on mitigating risks – Fitch Solutions

By: Simone Liedtke 8th January 2019 Consultancy company Fitch Solutions believes the gold mining industry will remain fragmented, with the top five companies producing just one-fifth of global output. Despite the company’s expectation of a slight rebound in prices, it stated in its latest ‘Outlook for gold miners’ report, published... →

Transfer of Eskom's debt to South African government credit neutral – Moody's

By: Reuters 14th December 2018 Power utility Eskom's request for government to take up R100-billion of its debt could cause the country's overall debt ratio to jump two%age points from the current 55.8%, ratings agency Moody's said on Friday. Moody's, the last of the top three ratings firms to still rate Pretoria's debt at... →

Nampak produces ‘pleasing’ FY18 results despite challenging environment

By: Nadine James 27th November 2018 Packaging company Nampak has achieved positive results for its continuing operations for the financial year ended September 30, with profit up 29% year-on-year to R1.2-billion and headline earnings a share up 15% year-on-year to 168.7c a share. Nampak CEO André de Ruyter told Engineering News... →

Epiroc supports Kimberley Ekapa Mining in South Africa on their digitalization journey

12th November 2018 Mobilaris Mining Intelligence (MMI) from Epiroc enables superior situational awareness to oversee a mining operation in all its complexity. Kimberley Ekapa Mining will use MMI to embrace mine digitalization and create a superior decision support system to proactively enhance safety and increase... →

Alamos meets quarterly guidance

By: Mariaan Webb 2nd November 2018 Canada-based Alamos Gold produced 124 000 oz of gold in the third quarter, which is in line with its guidance and 16% above the third quarter of 2017, reflecting the inclusion of the Island Gold mine, which it bought earlier this year. Year-to-date production hit a record of 379 400 oz – 23%... →

Enterprise Europe Network

By: Riaan de Lange 2nd November 2018 With all the nonsense packaged as news that you are subjected to – or, more correctly, bombarded with – on a daily basis, it is quite easy for you to get sucked in and to then not see the forest for the trees. You might be more familiar with the British adage, not see the wood for the trees,... →

Vacuum truck recovers raw materials

By: Halima Frost 2nd November 2018 Industrial services company Dickinson Group has successfully concluded a mineral recovery and clean-up contract at an international copper smelter, using the Koks Cyclovac - a heavy duty industrial vacuum truck. Since the clean-up started in May 2016, the facility attained an additional 8 400 t... →

Afrimat prospers in H1, despite tough economic environment

By: Simone Liedtke 1st November 2018 Openpit mining company Afrimat on Thursday posted a 4.3% year-on-year improvement in operating profit to R202.7-million for the six months ended August 31, while revenue increased by 28.6% year-on-year to R1.5-billion. These positive results, CEO Andries van Heerden said at a media breakfast,... →

Companies on a drive to become more efficient

By: Kim Cloete 1st November 2018 Cape Town’s Groote Schuur hospital, a leading manufacturer of catalytic converters and a well-known car sales dealer have one essential thing in common. They have all managed to radically improve efficiency across their operations over the past few years. The three examples were showcased at the... →

Digitisation set to shake up the energy sector

By: Kim Cloete 1st November 2018 Energy experts believe there are great opportunities to save money and boost efficiency with a move towards more digitisation in the energy sector. They are preparing for a shake-up, spurred on by a move away from conventional generation systems, a surge in renewable energy and the introduction... →

Lessons on transforming manufacturing in India

By: Kim Cloete 31st October 2018 Transformational changes in manufacturing in India have been unpacked at the Lean Summit Africa 2018, in Cape Town, holding important lessons for ramping up efficiency and boosting competitiveness in South Africa. Takayuki Furuhashi, who is considered an international guru in the field of... →

Atlas Copco WEDA 50+ and 60+ pumps take dewatering solutions to the next level

30th October 2018 Atlas Copco has solidified its place at the forefront of the pumps industry with the introduction of WEDA 50+ and 60+ dewatering pumps. These pumps have been designed to provide customers with enhanced levels of performance alongside improved efficiency, hassle-free maintenance as well as... →

Participation of women in Energy Management on the increase

By: Creamer Media Reporter 30th October 2018 The participation of women in the energy management projects and training courses of the National Cleaner Production Centre South Africa (NCPC-SA) has revealed that the level of involvement by women in this sector is on the increase. However, the conversion to energy management expert has not yet... →

High-quality screening, vibrating solutions for African mining industry

29th October 2018 The African mining industry needs high-quality screening and vibrating equipment solutions, supported by rapid turnaround around times and expert technical back-up, which is where Aury Africa stands to play a key role on the continent. This was the message from senior management from Dadi... →

MICROMINE ensures Africa has skill sets for the future of mining

29th October 2018 Leading mining software solutions and services provider MICROMINE Africa continues to place a large focus on offering tertiary institutions such as Schools of Mines specialised software packages to better equip graduates with the skills needed for the evolving mining industry on the continent.... →

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