R/€ = 13.86 Change: -0.40
R/$ = 12.76 Change: -0.35
Au 1253.92 $/oz Change: 0.12
Pt 967.50 $/oz Change: 0.00


Patel says construction fund will be ‘open to public scrutiny’

By: Terence Creamer     27th March 2017 Economic Development Minister Ebrahim Patel has pledged that all transactions pursued under the R1.5-billion Tirisano Fund – which is to be capitalised by the seven the construction companies that recently signed up to the Voluntary Rebuilding Programme (VRP) – will be “be open to public... 

Avanco sets A$10.6m Brazil exploration budget

By: Esmarie Swanepoel     27th March 2017 The board of ASX-listed junior Avanco Resources has approved a A$10.6-million exploration budget for this year, to focus on its Brazilian projects. “Over the last decade, Avanco has accumulated an exciting portfolio of projects and tenements in the Carajas, a premier mineral province for the... 

Cheers to largest centrifugal pump in South Africa

     24th March 2017 The largest centrifugal pump available on the South African market for the food and beverage industry has been introduced by Verder Pumps South Africa. Part its new Packo range of food-grade pumps, the new centrifugal pump is capable of pumping beer into eight million 250 ml bottles an hour. It... 

Fortescue pays down more debt

By: Esmarie Swanepoel     24th March 2017 Iron-ore major Fortescue Metals has announced a $1-billion repayment of its 2019 term loan. CEO Nev Power on Friday said the $1-billion payment continues the company’s debt reductions strategy, lowering Fortescue’s all-in cost position and reducing the 2019 debt to less that $1-billion. 

Balama on track for Q2 start

By: Esmarie Swanepoel     24th March 2017 The Balama graphite project, in Mozambique, is on track to be commissioned in the second quarter of this year. Owner Syrah Resources on Friday told shareholders ore mining is scheduled to start in May to allow for the commissioning of the primary crusher. A temporary laboratory will be... 

New Curve™ Pump Proves Its Capability In Market Application

     24th March 2017 Pump and Abrasion Technologies® (PAT) unveiled their new CURVE™ range of pumps in September 2016.  Among the first South African companies to adopt this new technology was Hernic Ferrochrome who currently plans to retrofit all the pumps at their OB-Plant to the CURVE™ range. The conversion... 

South African in the Mars mix as race to the Red Planet heats up

By: Dylan Slater     24th March 2017 It is 2031 and the next space race has started with the launch of the largest-ever interplanetary space rocket and spaceship carrying four carefully selected astronauts on a mission to establish a human settlement on Mars – a planet that is about 225-million kilometres away. Heading for the... 

ELB launches rotary breaker into Africa

By: Creamer Media Reporter      24th March 2017 ELB Engineering Services (Pty) Ltd (ELB) is a accredited distributor and sales agent for Centrifugal & Mechanical Industries (CMI), a division of Elgin Separation Solutions, for sub-Equatorial Africa and Madagascar. The ELB Group, since its inception in 1919, has continuously grown on the back of... 

Local supply company expands product offering

By: Simone Liedtke     24th March 2017 Designer and supplier of process equipment Zonke Engineering has added several pump types to its existing product range. 

Mobility Vision

By: Irma Venter     24th March 2017 Gauteng-based transport economist Andrew Marsay earlier in February detailed his vision for a high-density, high-value public transport system in South Africa, delivered in a presentation at the i-Transport and UATP conference, held in Sandton. Engineering News senior deputy editor Irma Venter... 

Nuclear build programme will bring immense benefits 

By: Kelvin Kemm     24th March 2017 South Africa builds and exports Mercedes-Benz vehicles from East London.  BMW cars are built in Pretoria, as are Ford cars. Other vehicle brands are also built are this country.  I have toured the BMW and Ford plant several times, and I can assure you that what you see is South African workers... 

Peristaltic hose pumps to mitigate challenges

By: Simone Liedtke     24th March 2017 Owing to the high air entrainment and shear sensitivity of froth pulp, mixing equipment and peristaltic pump manufacturer Afromix applied its AFX065 peristaltic hose pump – which is already associated with arduous mining and industrial applications – to mitigate this challenge.  

South African in the Mars mix as race to the Red Planet heats up 

By: Dylan Slater     24th March 2017 It is 2031 and the next space race has started with the launch of the largest-ever interplanetary space rocket and spaceship carrying four carefully selected astronauts on a mission to establish a human settlement on Mars – a planet that is, on average, 225-million km away.  

Nevsun finds more mineralisation at Eritrea-based Bisha, satellite deposits

By: Henry Lazenby     23rd March 2017 Canadian base metals producer Nevsun Resources has found more mineralisation at its flagship Bisha mine and satellite deposits in Eritrea, on the Horn of Africa. Drilling undertaken in 2016 has increased the inferred resource at the Harena deposit by nearly 130% to 25-million tonnes grading 0.93%... 

Maxiflex welcomes customers to their doors

     23rd March 2017 Maxiflex has been a specialist and trusted supplier of a fully comprehensive range of high quality, efficient and reliable door and dock loading solutions to the Southern African industry for 27 years. Alongside the renowned in-house Maxiflex brands, the company also boasts sole distribution... 

The World's Largest Gate Valve

     23rd March 2017 “When the world’s most impressive pipeline scheme asks for 100 year asset life valves, you listen. Blackhall Engineering Limited has a proven track record of making 100 year asset life valves, and we’ve recently designed and manufactured the World’s Largest Gate Valves ever for Texas, USA. My... 

Lake Wells proves economic – Australian Potash

By: Esmarie Swanepoel     23rd March 2017 A scoping study into the Lake Wells potash project, in Western Australia, has confirmed project economics, owner Australian Potash said. The scoping study considered the development of a two-staged operation, with Stage 1 producing some 150 000 t/y sulphate of potash (SoP). Stage 2 will see... 

Harmony plans to grow output to 1.5Moz, outlines acquisition criteria

By: Ilan Solomons     22nd March 2017 Dual-listed Harmony Gold is aiming to increase its yearly gold production from the current 1.1-million to 1.5-million ounces over the next three years. This would be achieved by undertaking expansions at its operations in South Africa, the rest of Africa and Papua New Guinea, while also... 

Watson-Marlow Fluid Technology Group

     22nd March 2017 • Higher downstream process yields - throughout the pressure range • Accurate flow linearity independent of back-pressure • Simple to replace cartridge technology reduces time and cost for validation Quantum redefines peristaltic pump performance for single-use downstream bioprocessing 

Jaguar gets a lift as cash flow, gold outlook rise

By: Henry Lazenby     22nd March 2017 The TSX-listed stock of Jaguar Mining on Tuesday rose as much as 8% after the company reported a 56% increase in operating cash flow to $37.8-million for the 2016 financial year, resulting in free cash flow turning positive year-on-year to $11.3-million. "2016 was a successful and... 

Empire secures funding for Penny's Find

By: Esmarie Swanepoel     21st March 2017 ASX-listed Empire Resources has secured A$7.5-million in funding to bring its Penny’s Find gold mine, in Western Australia, into full production. The company has singed a binding term sheet with Blue Capital Services, which will fund mining and related costs to a maximum of A$7.5-million, until... 

Peru mine output stranded after rains disrupt rail shipments

By: Reuters     21st March 2017 Heavy rains in Peru have disrupted train transport of minerals from the country's central region to the Pacific Coast, and the train line could take at least 15 days to fix, VP and Transport Minister Martin Vizcarra said on Monday. The government is coordinating with mining companies to find... 

JRA to upgrade Roodepoort intersection

By: Anine Kilian     20th March 2017 The Johannesburg Roads Agency (JRA) has embarked on a R4.3-million upgrade of the Jim Fouche road and Wilhelmina avenue intersection in Constantia Kloof, Roodepoort, to ease congestion and improve motorist safety. The project will be completed in September. 

Growing output, rising precious metal prices to benefit Maverix

By: Henry Lazenby     17th March 2017 Maverix Metals, a relatively newly TSX-V-listed royalty vehicle created last July, when Canadian miner Pan American Silver spun out its royalty portfolio, populating it with some of its management, is positioned to grow output and leverage rising precious metals prices over the coming years. The... 

Mining's biggest loser Lonmin is burning cash to stay alive

By: Bloomberg     17th March 2017 For most of the mining industry, 2017 is turning out to be another good year. The big exception is Lonmin Plc. Investors are losing confidence in the world’s third-largest platinum producer as it burns through cash to stay afloat, just 15 months after raising about $400 million from shareholders.... 

Jubilee executes tailings agreement

By: Natasha Odendaal     17th March 2017 Dual-listed Jubilee Platinum has secured access to 1.25-million tonnes of new platinum-bearing surface material at an estimated grade of 2.7 g/t platinum, palladium, rhodium and gold (4E) platinum-group metals (PGMs). The execution of a framework and processing of tailings agreement with PlatCro... 

Junior miners under strain as investors increasingly look elsewhere

By: Dylan Slater     17th March 2017 Encouraging investment for junior miners is becoming a persistent issue amid faltering markets and investors increasingly seeking ways to settle their capital in other markets, stocks and companies that can guarantee its safeguarding and growth. Based on the sentiment of participants of the... 

Wealth Minerals files technical report that will guide Atacama lithium exploration

By: Henry Lazenby     17th March 2017 Vancouver-based lithium exploration junior Wealth Minerals has filed a Canadian National Instrument 43-101-compliant technical report with securities regulators that will guide a two-pronged exploration campaign at the company’s Atacama lithium project, in Chile. To test the exploration potential... 

Export orders continue to flow for home-grown mobile load simulator

By: Dylan Slater     17th March 2017 The Mobile Load Simulator (MLS), designed and developed locally for the testing of the load-bearing capacity of highways and airport runways, was recently completed and exported to a client in China.  

Impact of Opel sale on South Africa not immediately clear

By: Irma Venter     17th March 2017 General Motors (GM) and Peugeot-Citroen (PSA) has announced the sale of GM’s Opel/Vauxhall subsidiary and GM Financial’s European operations to the PSA group, in a transaction valued at €1.3-billion and €0.9-billion, respectively. With the addition of Opel/Vauxhall, which generated revenue of... 

Kusile power plant project, South Africa

By: Sheila Barradas     17th March 2017 The Kusile power station’s Unit 1 has reached its full 800 MW load-generating capacity after initial synchronisation on December 26. 

Pneumatics a cleaner solution for packaging, sealing and sorting

By: Johane Turkstra     17th March 2017 Pneumatic valve manifolds have the potential to be the safest means of mechanical driving for the food and beverage industry, as they use clean air to elicit movement in the manufacturing process, thereby eliminating food contamination risks. There are many unique features of pneumatics as a... 

Recent aquisition enhances firm’s product quality

By: Victor Moolman     17th March 2017 Following filtration technology company Freudenberg Filtration Technologies’ acquisition of technology producer Alphasorb in the second quarter of 2016, the quality of Freudenberg’s gas-control products has increased greatly, says Freudenberg market segment manager for sub-Saharan Africa Pooven... 

Bell Equipment's earnings contract in difficult FY16

By: Natasha Odendaal     16th March 2017 JSE-listed Bell Equipment, emerging from one of the most challenging years in its history, on Thursday said it did not achieve its goal of delivering financially sustainable results in 2016. Hit with tough trading conditions, the discovery of fraud and mismanagement in the group's operation in... 

Smaller mining companies seek IPOs but deals remain modest

By: Reuters     16th March 2017 Stock market flotations of smaller mining and metals companies are set to pick up this year, although a return to the flood of deals five or six years ago remains unlikely while investors rebuild their bruised confidence in the sector. A continued rally in metals prices is galvanising some firms... 

Upcoming AHI conference to tackle SME ‘disenablement’

By: Natasha Odendaal     16th March 2017 Employers organisation AHI aims to highlight the “disenabling” environment currently faced by small and medium-sized enterprises (SMEs) in South Africa at its upcoming conference. The small business chamber’s day-long conference, described as the first it will be convening in a series of... 

Debiensko could be low-cost producer – Prairie

By: Esmarie Swanepoel     16th March 2017 A scoping study into the Debiensko coking coal project, in Poland, has demonstrated its potential to become a globally significant producer, adding some 2.6-million tonnes a year of hard coking coal product to the global market. ASX-listed Prairie Mining said on Thursday that, with a mine life of... 

Vast Resources expects Pickstone-Peerless output to double as processing plant progresses

By: Megan van Wyngaardt     15th March 2017 Aim-listed Vast Resources on Wednesday said it is targeting first sulphide production at its Pickstone-Peerless gold project, in Zimbabwe, for the third quarter of this year, following significant progress being made with the construction of a sulphide processing plant. This will enable... 

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