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NUM postpones planned coal sector strike

By: Creamer Media Reporter      17th November 2017 The National Union of Mineworkers (NUM) will postpone its planned strike in the coal sector, as some coal companies have decided to table new offers to NUM members. The union on Friday said the coal companies would present the new wage offers on Monday, after which the union would decide to... 

Sampling confirms lithium in Namibia – Montero

By: Martin Creamer     17th November 2017 Exploration and development company Montero, which is putting mineralisation to the test in Namibia in search of a lithium resource, on Friday confirmed the presence of the soft silver-white metal in central Namibia. “Montero’s first channel sampling programme has confirmed lithium,” Montero CEO... 

Paragon sponsors UJ’s Graduate School of Architecture

     17th November 2017 The main sponsor of the Summer Show 2017 at the University of Johannesburg’s (UJ’s) Graduate School of Architecture (GSA) in November is leading architecture, interior design, and space-planning practice Paragon of Sandton, Johannesburg. Paragon has a long association with UJ’s Graduate School of... 

Corsa sees sales volume growth for sixth consecutive quarter

By: Anine Kilian     17th November 2017 Even though the global supply chain for metallurgical coal remains challenged and prone to disruption, strong steel pricing and production levels have helped to sustain a high level of demand for raw materials, which include metallurgical coal, according to Corsa Coal CEO George Dethlefsen. In a... 

Botswana Diamonds positive about potential at South African project

By: Anine Kilian     17th November 2017 A detailed ground geophysical survey undertaken on eight Group 1 kimberlites at Aim-listed Botswana Diamonds’ Free State exploration project, which is located between Bloemfontein and Kimberley, in South Africa, has indicated that the sizes of these kimberlites range from 0.3 ha to 1.15 ha. The... 

Eskom tariff hike a threat to mining jobs – CoM

By: Natasha Odendaal     17th November 2017 The Chamber of Mines (CoM) on Friday opposed State-owned power utility Eskom’s proposed 19.9% tariff increase application, stating that the increase would send South Africa into a vicious downward spiral of higher electricity prices, lower growth and lower electricity consumption. Presenting at... 

Galantas highlights need to secure sufficient funding

By: Megan van Wyngaardt     17th November 2017 Following disappointing results for the third quarter ended September 30, dual-listed miner Galantas Gold Corporation on Friday said its future viability depended on the consolidated results of its wholly-owned subsidiary Cavanacaw Corporation, which holds 100% in Galantas’ Omagh Minerals and... 

Ferrexpo secures $195m loan

By: Megan van Wyngaardt     17th November 2017 Swiss headquartered iron-ore company Ferrexpo has signed a new secured three-year revolving credit facility of $195-million, arranged by BNP Paribas. The facility includes a syndicate of six international lenders and will amortise over eight quarters, with the final repayment due on December 31,... 

Arafak Q3 impacted by seasonal factors

By: Natasha Odendaal     17th November 2017 After delivering positive and robust first and second quarters, Nasdaq- and LSE-listed Afarak Group’s third quarter was hit by seasonal fluctuations. The group on Friday posted strong revenue growth on the back of higher ferrochrome prices and strong market fundamentals; however, profitability... 

Lemur appoints owner’s engineer, technical advisers for Imaloto BFS

By: Mia Breytenbach     17th November 2017 Aim-listed Bushveld Minerals’ Lemur Resources subsidiary, which is developing an integrated thermal coal mining and independent power producer asset in Madagascar, has appointed an owner’s engineer and technical advisers for  the bankable feasibility study (BFS) for the Imaloto power project.... 

Wescoal expecting earnings drop for H1

By: Megan van Wyngaardt     17th November 2017 JSE-listed Wescoal expects to report a 29% year-on-year drop in headline earnings a share to around 20.5c apiece, when it reports its results for the six months ended September 30. Alongside this, the miner’s earnings a share were expected to fall by between 16.7% and 20.3% year-on-year to 23c... 

A little nuke never hurt nobody

By: Terry Mackenzie-hoy     17th November 2017 I recently told a group of people at a pub (a pub, can you believe?) that I thought Donald Trump was a "good idea".  There was the sort of silence that you get when the stage magician vanishes completely and then the sort of shouting that follows when Sandra Bullock asks who would like to go with... 

Third biennial food and drink exhibition to be held in 2018

By: Simone Liedtke     17th November 2017 Conceptualised as a “for Africa by Africa” event, exhibition company Messe München South Africa (SA) will host the third biennial food and drink technology Africa (fdt Africa) exhibition from September 4 to 6 at the Gallagher Convention Centre in Johannesburg, South Africa, next year. 

Construction company awarded R10m residential development contract

By: Simone Liedtke     17th November 2017 Construction company Motheo Infrastructure Contractors will use equipment – such as motor graders, 30 t excavators, compaction equipment and tipper trucks – to the value of about R10-million for its infrastructure contract at the South Hills integrated residential development in Johannesburg,... 

Stephen Goldberg

     17th November 2017 This week Engineering News profiles Stephen Goldberg, CEO of Selpal, which provides retailers in the informal sector with a platform to sell a full suite of virtual products and produces deep data that brings efficiency and transparency to the informal-sector supply chain   

Metal Tank Industries

     17th November 2017 Using new technologies enables turnkey process solutions provider Metal Tank Industries to construct storage vessels, steel walkways, platforms, gantries, pumps, pipelines, control panels, electrical cabling, load cells, cooling towers and boilers that are suitable for use at food and beverage... 

Shumani Industrial Equipment

     17th November 2017 A South African black-owned and -managed company operating in the industrial and construction market sectors, Shumani Industrial Equipment is responsible for the supply of Goscor Group of Companies’ entire range of industrial and construction equipment to the local mining, construction,... 

Mkango shares jump on Talaxis investments

By: Natasha Odendaal     16th November 2017 The share price of Mkango Resources on the LSE surged by up to 135% on Thursday afternoon after the company reported securing a £12-million direct investment that will enable the funding of a bankable feasibility study (BFS) for its Songwe Hill rare-earth project, in Malawi. The company’s shares... 

EM poised to take advantage of renewed growth opportunities in 2018

     16th November 2017 ElectroMechanica’s (EM’s) significant investment in its internal processes in 2017 will stand it in good stead to reap the benefits of renewed growth in the New Year, EM Sales and Marketing Director Richard Nobbs comments. Describing 2017 as a year of “real development and structural change,”... 

Pallinghurst director takes up position as Jupiter Mines CEO

By: Anine Kilian     16th November 2017 Priyank Thapliyal has been appointed CEO of Jupiter Mines, in which Pallinghurst Resources holds an 18.4% interest. Thapliyal has, therefore, resigned as executive director of Pallinghurst, with his responsibilities to be absorbed by the other executive directors on the board. 

Geomysore’s Jonnagiri has potential to be India’s first private gold mine

By: Mariaan Webb     16th November 2017 Gold firm Geomysore Services India, in which Aim-listed Lionsgold has a 21.15% shareholding, has completed a feasibility study for the Jonnagiri gold project, demonstrating the project’s potential to be developed into India’s first privately-owned gold mine. The Jonnagiri project, in the state of... 

Full range of measuring tools for the African market

     16th November 2017 A full range of premium German measuring tools are available locally from leading distributor Upat in Johannesburg, ranging from levels to lasers and even tape measures. The main benefit to the African market of the extensive Stabila range is that products include entry-level units all the way to... 

City of Johannesburg mulls electric bus pilot project 


By: Irma Venter     16th November 2017 The City of Johannesburg hopes to conclude a near-term feasibility study on the use of battery electric and fuel-cell buses by the end of 2019. With this done, it could be possible to introduce an electric bus to the city’s bus fleet in a pilot implementation project in 2023, says City of... 

Lanseria International Airport launches new control tower complex 

     16th November 2017 A new control tower and fire station complex was recently opened at Lanseria International Airport.  

Kibo upgrades MCPP MoU

By: Anine Kilian     16th November 2017 Aim-listed minerals and exploration development company Kibo Energy has upgraded its existing Memorandum of Understanding (MoU) with the Tanzania Ministry of Energy and the Tanzania Electric Supply Company (Tanesco), regarding a power purchase agreement (PPA) for the development and... 

Atalaya encouraged by positive copper expansion study

By: Mariaan Webb     16th November 2017 The expansion of the Proyecto Riotinto copper mine in Andalucía, Spain, is “technically and financially robust”, a study into the feasibility of increasing capacity beyond 9.5-million tonnes a year has found. Dual-listed Atalaya Mining reported on Thursday that it had completed the study, which... 

Orion initiates hitech regional exploration in Northern Cape

By: Martin Creamer     16th November 2017 Sydney- and Johannesburg-listed company Orion Minerals will from November 26 initiate an airborne survey across a large area of South Africa’s Northern Cape as part of a regional exploration programme that will make use of the latest available technology in an area last explored in the 1980s.... 

The Africa Rail story - Promoting excellence

     16th November 2017 Africa Rail has grown to become the largest and most established rail event in Africa. Africa Rail now enters its 21st successful year, hosting over 28 African countries, 200 global speakers and the best suppliers in rail from across the globe. 

Standard Bank, ICBC launch programme to spur growth through tourism

By: Anine Kilian     15th November 2017 To further cement trade ties, boost investment flows and encourage tourism between South Africa and China, Standard Bank and the Industrial and Commercial Bank of China (ICBC) have launched the I Go South Africa loyalty programme in partnership with South African Tourism. This initiative, which... 

Forecast iron-ore price drop influenced by Chinese economic refocusing

By: Megan van Wyngaardt     15th November 2017 Maintaining its iron-ore price forecast at an average of $70/t for the year and $50/t for 2018, research firm BMI says its predicted price drop is influenced by China’s economic refocusing away from heavy industry. “This will dampen demand for iron-ore,” said the firm on Wednesday, adding that,... 

GoviEx Uranium granted exploration permit for Agaliouk tenement

By: Creamer Media Reporter      15th November 2017 TSX-V-listed GoviEx Uranium has been granted an exploration permit for its Agaliouk tenement, adjacent the Madaouela project, in Niger. Agaliouk adds 11.67-million pounds triuranium octoxide (U3O8) in the measured and indicated categories and 9.35-million pounds U3O8 in the inferred category to... 

German minerals firm K&S lifts Q3 earnings, adjusts Canada mine ramp-up

By: Mariaan Webb     15th November 2017 German potash and salt producer K+S on Wednesday reaffirmed its earnings forecast for the full year, as it posted higher third-quarter revenue and earnings. The Kassel-headquartered company, which has production sites in Europe, North America and South America, increased its revenue by 6%... 

Lily mine remains in limbo, parties need to get together – Solidarity

By: Natasha Odendaal     15th November 2017 As the future of the distressed Lily mine hangs in the balance, trade union Solidarity has called on all parties to expedite the processes under way and make a decision on the mine’s future. With every potential transaction thus far having failing to rescue the idled operation over the past 18... 

Orion’s shares rise on Prieska metallurgical testwork update, loan facility extension

By: Megan van Wyngaardt     15th November 2017 Dual-listed base metals miner Orion Minerals’s share price on the JSE was trading 6.15% higher on Wednesday after the company announced the positive results from initial metallurgical test work at its Prieska zinc/copper project and the extension of a loan facility. Orion and mining-focused,... 

Companies from Amplats to StanChart on alert amid Zimbabwe coup

By: Bloomberg     15th November 2017 Companies are being vigilant over their operations in Zimbabwe after military vehicles descended on the capital of Harare and the army seized power, threatening President Robert Mugabe’s 37-year rule. Nedbank Group sent some South African employees home from Zimbabwe, the Johannesburg-based... 

AVeS, Veritas hold countrywide information governance roadshow

     15th November 2017 Information governance is essential to manage information risk proactively. This requires the systematic integration of people, process, and technology in order to identify and protect a company’s most critical information. To highlight this critical issue, AVeS Cyber Security arranged a... 

Savannah secures enviro permits for Oman copper projects

By: Creamer Media Reporter      15th November 2017 Aim-quoted Savannah Resources has been granted environmental operating permits for the first two of a series of planned copper mine developments in Oman, marking a “major breakthrough” for its development plans, CEO David Archer announced on Wednesday. The Ministry of Environment and Climate... 

Better regulations needed to prevent tailings dam failures – UNEP

By: Megan van Wyngaardt     15th November 2017 In the last decade, there have been over 40 mining waste failures, killing some 341 people and damaging hundreds of kilometers of waterways, affecting drinking water sources and the livelihood of communities, a new report entitled ‘Mine Tailings Storage: Safety Is No Accident’, reveals. The... 

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