http://www.engineeringnews.co.za
R/€ = 16.45 Change: -0.03
R/$ = 14.36 Change: -0.04
Au 1223.95 $/oz Change: -1.52
Pt 819.00 $/oz Change: -16.33
 

Topic

Calgro M3 remains committed to delivering shareholder value despite current challenges

By: Simone Liedtke     22nd October 2018 In a period described by CEO Wikus Lategan as one of the most difficult ever experienced by the company, JSE-listed Calgro M3 posted revenue of R628.6-million for the six months ended August 31. Calgro M3 faced several major challenges, including uncertainty over the economy, coupled with... 

Flow of LME nickel to hidden storage dents bull story

By: Reuters     19th October 2018 The bulk of nickel moving out of London Metal Exchange-approved warehouses in Asia is showing up in hidden facilities in Europe, analysts said, denting a bullish scenario of potential shortages. LME nickel stocks have shrunk by about 40% this year, largely from warehouses in Malaysia, Taiwan... 

Satisfying the requirements for modern assembly systems

19th October 2018 An increased emphasis on flexibility, efficiency and technical cleanliness The year 1908 was one of the most historically significant years both for personal motorised transport and for industrial assembly. With the Model T, the Ford Motor Company launched an automobile on the market which could... 

The natural gas revolution in South Africa: A changing energy landscape

By: Creamer Media Reporter      19th October 2018 Recent on- and off-shore discoveries of globally significant quantities of natural gas in Southern Africa – including trillions of cubic metres of natural gas in the Rovuma Basin off the Mozambique coast, the biggest global find of natural gas in decades – represent a new dawn for the region’s... 

Ramelius outlines merits of its offer for Explaurum

By: Esmarie Iannucci     19th October 2018 Gold miner Ramelius Resources has extended the deadline for its takeover offer of Western Australian explorer Explaurum until November 23, arguing that its takeover offer had merit. Ramelius in September launched an all-scrip bid for Explaurum, offering one of its own shares for every four... 

Amid falling platinum prices, PGM miners upping chrome ore production to improve profitability 

By: Nadine James     19th October 2018 Some platinum group metals (PGM) producers have become large producers of chrome ore to improve their profitability, says Kagiso Asset Management investment analyst Mandi Dungwa. South Africa is the world’s largest chrome producer, delivering more than half of the global ore supply in 2017, with... 

Strategic economics in times of uncertainty

By: Saliem Fakir     19th October 2018 In his excellent three-volume work titled Wheels of Commerce, Fernand Braudel describes countries or city states as islands in a world economy. This is a reference to the interconnectedness of the world and our dependence on the  world economy. There are always places of gravity and attraction –... 

Icasa sets out to define its cybersecurity role

By: Natasha Odendaal     19th October 2018 The Independent Communications Authority of South Africa (Icasa) is working to determine its role and responsibilities in cybersecurity and cyberthreat regulatory matters and the overall environment. The authority started an inquiry with the publication of a discussion document early in October... 

Lesotho Highlands Water Project – Phase II, Lesotho/South Africa

By: Sheila Barradas     19th October 2018 Construction work on Phase II of the Lesotho Highlands Water Project is set to start soon. 

Wacker Neuson empowers customers with flexible financing solutions

18th October 2018 Wacker Neuson South Africa is adding value to its light, compact equipment and service portfolio with the introduction of an in-house financing solution to assist customers with the purchase of new, demo and used Wacker Neuson equipment. “This tailor-made financial solution confirms that our... 

Zambia's finance minister says new mining taxes will not hit operations

By: Reuters     18th October 2018 Mining companies operating in Zambia will still meet their operational costs even after the government imposes higher taxes in Africa's No.2 copper producer, its finance minister said on Wednesday. Zambia plans to introduce new mining duties, replace Value Added Tax with sales tax and increase... 

Santos revenue jumps on higher oil price, volume growth

By: Esmarie Iannucci     18th October 2018 Oil and gas major Santos has reported a 6% increase in production during the third quarter ended September, while sales revenue increased by 10%. “Santos’ third-quarter results serve to highlight the benefits of a cash generative core asset portfolio and our low-cost, disciplined operating... 

Endeavour moves forward Ity gold pour

By: Mariaan Webb     17th October 2018 The Ity carbon-in-leach (CIL) gold project that Endeavour Mining’s in-house team is building in Côte d'Ivoire is tracking two months ahead of schedule and will pour its first gold at the beginning of the March 2019 quarter, rather than mid-year, the Canadian firm reported on Wednesday. In a... 

Arc Minerals reports elevated copper intersections at Zambia project

By: Simone Liedtke     16th October 2018 Aim-listed Arc Minerals on Tuesday reported additional reverse circulation and diamond drill assay results from the company’s 11 000 m drilling programme at the Kalaba prospect, which is part of its Zamsort copper/cobalt project, in Zambia. The results found that mineralisation continues to be... 

Coeur buys Alio Gold's ‘noncore’ Nevada assets for $19m

By: Mariaan Webb     16th October 2018 NYSE-listed Coeur Mining is expanding its footprint in Nevada, announcing on Tuesday that it would buy a property package adjacent to its Rochester operation from Alio Gold, which deemed the Lincoln Hill, Wilco and Gold Ridge projects as noncore. In terms of a definitive agreement, Coeur Mining... 

Saracen strikes record quarter

By: Esmarie Iannucci     16th October 2018 Gold miner Saracen Mineral Holdings has reported record production in the three months to September, on the back of record group mill throughput and higher ore grades at all of its operations. Gold production in the quarter reached 88 940 oz, with the Carosue Dam operation delivering 51 753 oz... 

Rio Tinto copper output jumps; iron-ore, aluminium production slip

By: Esmarie Iannucci     16th October 2018 Diversified major Rio Tinto has reported lower production across nearly all its commodities, besides copper, in the three months to September. “We have delivered consistent operational performance in the third quarter, highlighted by strong production from the group’s copper assets,” Rio CEO... 

Why AB InBev may cut its generous dividend

By: Bloomberg     15th October 2018 Anheuser-Busch InBev is the most generous big food-and-beverage company in the world when it comes to paying cash out to shareholders. That largess could end as soon as next week. The reason? The Belgian beermaker is the most indebted company in the industry, in both absolute terms and relative... 

B2Gold delivers record Q3 production despite production shortfalls in Nicaragua

By: Marleny Arnoldi     12th October 2018 Canadian miner B2Gold had record-consolidated gold production of 242 040 oz in the third quarter – a 78% increase on the 106 412 oz produced in the third quarter of 2017. Fekola mine, in Mali; Masbate mine, in the Philippines; and Otjikoto mine, in Namibia, were the strongest contributors to... 

Innovative Vertical Gravity Samplers

12th October 2018 Designed And Manufactured By Edart To meet the requirement of an international customer, eDART Slurry Valves, a leading South African valve manufacturer, successfully designed, tested and manufactured a Vertical Gravity Sampler (VGSA) for application within the minerals processing sector. 

Forward-thinking municipality uses pumps to generate electricity

By: Creamer Media Reporter      12th October 2018 A technical team serving the requirements of the Drakenstein Municipality in the Western Cape has designed one of the country’s largest pump and turbine stations to be used for water reticulation to the nearby town of Paarl in dry periods, and as turbines to generate electricity for the city... 

Sub-Saharan Africa’s economy growing, but better revenue mobilisation needed – IMF 

By: Marleny Arnoldi     12th October 2018 The macroenonomic outlook for sub-Saharan Africa continues to strengthen, with growth expected to increase from 2.7% in 2017 to 3.1% this year, the latest ‘Regional Economic Outlook’ report published by the International Monetary Fund (IMF) shows. The higher growth reflects domestic policy... 

Fire still burning at Peabody’s North Goonyella

By: Esmarie Iannucci     12th October 2018 US coal producer Peabody has issued force majeure notices to coal customers and certain of its vendors at the North Goonyella mine, in Queensland, as the company continues to work to extinguish a fire. The US miner at the start of last week started implementing a multi-tiered plan to extinguish... 

Water shortage an emerging challenge for mines

By: Natasha Odendaal     12th October 2018 With water a critical resource across all mining and quarrying developments and operations, water scarcity is adding an extra layer to the challenges faced by South African miners. Water management is steadily emerging as the pre-eminent sustainability issue within the global energy and mining... 

Extending the life of mine beyond its life as a mine

11th October 2018 The last thing on the minds of workers at the oldest-known mine on archaeological record some 43,000 years ago in Swaziland was what their mine might become long after their tools had been put away. Fast forward to today, and the transformation from active mine to mine closure is a C-level... 

Park Square: A Landmark Designed With People In Mind

By: Creamer Media Reporter      11th October 2018 Park Square, uMhlanga’s newest business and lifestyle development is due to open its doors in November 2018. Interfacing beautifully with its surrounds, the development offers a future-forward, people-centred destination where the surrounding communities and professionals can shop, work and... 

A$60m Mt Carlton underground mine wins board approval

By: Esmarie Iannucci     11th October 2018 The board of gold miner Evolution Mining has approved the A$60-million development of the Mt Carlton underground mine, in Queensland. The miner on Thursday told shareholders that the start of the underground development would require regulatory approvals, and submissions to the Department of... 

Northern flags Browns Range increases

By: Esmarie Iannucci     11th October 2018 Heavy rare earths producer Northern Minerals has flagged the potential to increase production from its Browns Range pilot plant project, in Western Australia, at a capital cost of A$4-million. The ASX-listed company said on Thursday that it had investigated using ore sorting on the five... 

Yaouré FEED study confirms pricing

By: Esmarie Iannucci     11th October 2018 A value engineering assessment (VEA) and the front-end engineering and design (FEED) study for the Yaouré gold project, in Cote d’Ivoire, has confirmed the 2017 cost estimates, ASX- and TSX-listed Perseus Mining reported. The 2017 definitive feasibility study (DFS) estimated that Yaouré would... 

First Cobalt eyes restart of Canadian refinery

By: Esmarie Iannucci     11th October 2018 Dual-listed First Cobalt has undertaken three independent studies to assess restarting its refinery in Ontario, Canada. The First Cobalt refinery was commissioned in 1996, and has a nominal throughput capacity of between 12 t/d and 24 t/d. 

Venturex eyes A$169m copper/zinc mine in Pilbara

By: Esmarie Iannucci     10th October 2018 The definitive feasibility study (DFS) into the enlarged Sulphur Springs copper/zinc project, in the Pilbara, has estimated a capital requirement of A$169-million, to develop a 1.25-million-tonne-a-year operation. Based on the base-case scenario, Sulphur Springs would produce some 65 000 t/y of... 

Higher nickel prices sees Rox relook at Fishers East

By: Esmarie Iannucci     10th October 2018 An updated scoping study into the Fishers East nickel project, in Western Australia, has proved the project to be financially robust, and technically low risk, ASX-listed Rox Resources said. The updated study is based on a mining rate of 500 000 t/y, resulting in the recovery of some 7 300 t/y... 

Codelco plans to raise $1bn in 2019

By: Reuters     10th October 2018 Chile's State-owned miner Codelco, the world's largest copper producer, plans to raise up to $1-billion next year to help finance the overhaul of its existing mines, chairperson Juan Benavides said on Tuesday. Benavides also said the company was looking at exploration projects in Brazil, Ecuador... 

Lithium-rich WA bids to host battery research centre

By: Esmarie Iannucci     9th October 2018 The Western Australian government on Tuesday confirmed that the application for the Future Battery Industries Cooperative Research Centre (FBI CRC) was one of six to be shortlisted to the next round by the Cooperative Research Centres (CRC) programme. The state government has included a... 

Actop Asphalt further boosts Capacity

9th October 2018 To meet the asphalt needs of a newly-awarded road rehabilitation project in the Mpumalanga area, asphalt specialist, Actop Asphalt has invested in a new Ciber continuous mobile asphalt plant that sets new standards with its range of innovative technologies and, more importantly, its ‘super... 

Ramu increase on the cards

By: Esmarie Iannucci     8th October 2018 The share price of junior Highlands Pacific rose slightly Monday on news of the potential expansion of the Ramu nickel and cobalt operation, in Papua New Guinea, in which the company holds an 8.56%. Highlands on Monday confirmed that its project partner Metallurgical Corporation of China (MCC)... 

Provincial enviro nod for IDM’s Red Mountain

By: Mariaan Webb     8th October 2018 The Red Mountain gold and silver underground mine, in the Nass Wildlife area of British Columbia, is one step closer to development, with the provincial government granting the project environmental approval. Environment and Climate Change Strategy Minister George Heyman and Energy, Mines and... 

Charter continues expropriation of investor returns – Paul Miller

By: Nadine James     5th October 2018 Mining Charter 3 has continued its predecessor’s trajectory of setting a “progressive creeping expropriation of investor returns”, CCP 12J Fund MD Paul Miller told delegates at the Joburg Indaba this week. He noted that South Africa had always relied on attracting foreign capital, adding that the... 

First
Prev
1
2 3 4 5 6 7 8 9 Next Last

Latest News

more

Latest Videos

more

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Now for $119 Close