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SKF Zambia kicks off on a high Rugby 7’s note

     20th October 2017 The first weekend of August 2017 saw the community of the Zambian Copperbelt mining town, Mufulira, bristling with excitement as they welcomed the Mufulira Sevens Rugby Tournament. SKF Zambia was delighted to join forces with Mopani Copper Mines in hosting this prestigious Seven-a-Side Rugby... 

MEA manufacturing sector second-most vulnerable to cyberattacks

By: Schalk Burger     20th October 2017 The manufacturing sector was second only to the finance industry in terms of the most cyberattacks recorded in any sector in the Middle East and Africa (MEA) region in 2016, information technology (IT) services multinational Dimension Data’s ‘Global Threat Intelligence Report for 2017’ reveals.... 

Gamsberg zinc project a thumbs up for South Africa amid investment slowdown

By: Mia Breytenbach     20th October 2017 Amid low levels of capital project activities in South Africa, the $400-million Gamsberg zinc and lead project, in the Northern Cape, has become the largest mining project under execution in the country. “Commentators have noted that this significant investment in the South African mining... 

Empowered lubricants firm seeks to raise market share with blending plant investment

By: Irma Venter     20th October 2017 Blue Chip Lubricants (BCL) has completed the construction of a new blending plant in Johannesburg, which it hopes will help the company to secure a fifth of the lubricants market in South Africa. The company will be aided in this ambition by the sale of 51% of the business to black-owned firm... 

First Joy Reclaim Feeder Manufactured in Wadeville Uses 75% Locally-Sourced Materials

     19th October 2017 Designed specifically to meet the challenges of the South African mining environment, the first locally-manufactured Joy reclaim feeder is now available from Komatsu. Produced at the company’s manufacturing facility in Wadeville, the machine was built using 75 percent locally sourced materials.... 

BHP told bending to activists poses risks for debt investors

By: Bloomberg     19th October 2017 BHP Billiton’s new chairman Ken MacKenzie is grappling with a simmering campaign by activist shareholders -- moving too far to appease them could risk unsettling debt investors who own the world’s biggest miner’s $24-billion of bonds. The campaign by funds including billionaire Paul Singer’s... 

Economist warns of consequences of low growth, potential tax hikes

By: Ilan Solomons     18th October 2017 It is well known that the South African economy is having serious growth challenges, which is unlikely to improve over the next three years, with best estimates that the country’s gross domestic product (GDP) will grow by just 2% during this period. This is according to financial services company... 

Chamber files for review of 'disastrous' Mining Charter

By: News24Wire      18th October 2017 The Chamber of Mines filed an application in the North Gauteng High court on Tuesday to have a judicial review and setting aside of the Mining Charter. According to the founding affidavit, the Charter released by Mineral Resources Minister Mosebenzi Zwane on June 15 had, and continues to have, a... 

‘Digital effectiveness’ tops EY’s 2017/18 risk radar

By: Henry Lazenby     18th October 2017 Professional services firm EY Global has revealed it annual ‘Top 10 business risks facing mining and metals’ report on Tuesday, with new entry ‘digital’ topping the list of most critical risks facing the mining industry in the coming year. This year’s report has seen a reshuffling with digital... 

Miners beware growing cyber risk

By: Henry Lazenby     17th October 2017 Cyber risk has increased in prominence on professional services firm EY’s annual ‘Top 10 business risks facing mining and metals’ report, jumping to third position from ninth in 2016. According to EY's report, which was published on Tuesday, cyber risk is an ever-growing issue – an outcome of... 

Exploration, junior culture needed to save mining – Bristow 

By: Martin Creamer     16th October 2017 Unless South Africa starts exploring again and finds new ore deposits, the country will continue to turn out the lights of the mining sector. With poor policy added, disinvestment and lack of interest will ultimately stop South Africa’s mining industry in its tracks, which will deal a colossal... 

Eskom must implement ‘aggressive’ cost cutting, EIUG says as it urges Nersa to reject 19.9% hike

By: Terence Creamer     14th October 2017 Eskom’s application for a 19.9% tariff hike from April 1, 2018, is unacceptable and will result in the partial or full closure of plant capacity and increase unemployment, the Energy Intensive Users Group (EIUG) states in a written submission to the National Energy Regulator of South Africa... 

Self-starters share secrets to success in the South African mining sector

By: Ilan Solomons     13th October 2017 There are many ways for entrepreneurs to enter the mining industry, including as project developers, service providers and product suppliers – all of which hold great opportunities and challenges, states mining investment advisory company MX Mining Capital Advisors director Dr Mike Seeger. The... 

Bitcoins – a quick way to lose it all

By: Terry Mackenzie-hoy     13th October 2017 We all know that there IS a thing called a bitcoin. All over the show, there are stories about bitcoin investors who are now millionaires. What is the truth? A little story: Tim and I were working at a mining camp in the Congo. The mining camp was dry; no alcohol permitted. We followed the rules... 

Well-maintained equipment ensures market competitiveness

By: Simone Liedtke     13th October 2017 Ensuring that income-generation capacity is not reduced in any way by ill-maintained equipment is an important way of staying competitive in the market, states Cape Town-based specialised equipment hire company Burma Plant Hire Group (BPH) MD Theuns Burger. 

China gobbles Amazon rainforest ore to clean polluted skies

By: Bloomberg     12th October 2017 A bid by China to clean up pollution in its biggest cities and industrial towns is fueling a push to mine resource riches on the other side of the globe in the Amazon rainforest -- one of the most environmentally sensitive areas on Earth. Smog-laden skies across the world’s most-populated country... 

Alphamin's Bisie mine on track for 2019 production

By: Natasha Odendaal     12th October 2017 Despite facing significant social, political and geographical challenges, emerging miner Alphamin Resources is on track to deliver on the first large commercial tin mine in the eastern Democratic Republic of Congo (DRC). Against a backdrop of historical political upheaval, rent-seeking, an... 

RBPlat puts foot on capex accelerator at Styldrift

By: Martin Creamer     12th October 2017 The total capital expenditure (capex) of Royal Bafokeng Platinum (RBPlat) surged on increased mining and construction activities at the company’s Styldrift 1 project in line with ramp-up plans. The black-owned and controlled, mid-tier platinum group metals producer, which operates the Bafokeng... 

South Africa should consider agromining – US professor 

By: Martin Creamer     11th October 2017 South Africans, who have been mining for metals for more than a century, were this week urged to farm for metals. South African-born Stephen Haggerty, a distinguished research professor of Florida International University in the US who spoke to Mining Weekly Online while in Johannesburg, outlined... 

Exxaro sells Tronox shares for R6.5bn

By: Martin Creamer     11th October 2017 Diversified mining company Exxaro Resources has completed the sale of a portion of its shareholding in American mineral sands company Tronox for R6.5-billion. Exxaro, headed by CEO Mxolisi Mgojo, said on Wednesday that it had raised $474-million from the sale of 22 425 000 class A ordinary shares... 

Investor appetite for mining projects can be whetted by accurate project scopes – DRA

By: Schalk Burger     10th October 2017 To attract investment, it has become necessary for organisations to complete projects under budget and well ahead of schedule, diversified engineering multinational DRA Global CEO Wray Carvelas says. While investment appetite seems to be returning to the mining sector as investors look to unlock... 

Swedish govt goes back to Norbotten CAB over Kallak project

By: Mariaan Webb     10th October 2017 Explorer and developer Beowulf Mining should have more clarity about Kallak North exploitation concession application in the next few months. The company, which is listed on the Aim, reported on Tuesday that the Swedish government had gone back to the County Administrative Board (CAB) for... 

Caledonia Mining sees golden opportunities in Zimbabwe dollar crisis

By: Reuters     9th October 2017 Caledonia Mining is seeking to expand in Zimbabwe, where output at its flagship gold mine has hit new highs and the country, gripped by a cash crisis, depends on it and other miners to generate currency. Zimbabwe is short of US dollars, a currency it adopted in 2009 after its own was wrecked by... 

Centamin maintains FY production guidance after record Q3 output

By: Anine Kilian     9th October 2017 LSE- and TSX-listed Centamin’s Sukari mine, in Egypt, produced 156 533 oz of gold in the third quarter of this year – a 26% quarter-on-quarter and a 5% year-on-year improvement and a new quarterly record. “All sections of the mine continued to perform well during the third quarter, contributing... 

Mining company has eyes on West Coast National Park, say activists

By: News24Wire      9th October 2017 Kropz mining company has told SANParks executive committee members that it may ask to extend its phosphate mine into the West Coast National Park. The company, formerly Elandsfontein Exploration and Mining, has also approached the department of mineral resources (DMR) to "protect our rights" over... 

South African mining industry still not spending enough on R&D

By: Mia Breytenbach     6th October 2017 While South Africa has increased its investment in mining research and development (R&D) since 2014, the country’s investment is still below that of its peers, delegates heard during a panel discussion on ‘Technological Innovation and Advancements in the Mining Industry’ at the Joburg Indaba, on... 

Altura raises A$26m for WA lithium expansion

By: Esmarie Swanepoel     6th October 2017 Lithium developer Altura Mining will raise A$26-million through a share placement to institutional and sophisticated investors to fast-track lithium production expansion studies at its lithium project in Western Australia. The company on Friday announced that it would issue about 136.8-million... 

Opinion: South Africa’s coal mining sector could shrink by 46% 

     6th October 2017 In this opinion article, independent economic risk consultant Rob Jeffrey argues that the mining industry and coal industry need to fight for their very future otherwise all is lost. Few people realise that future economic, political and social prosperity are at currently stake. Decisions made in... 

Work apparel company sees further growth in sales

By: Simone Liedtke     6th October 2017 Since the beginning of the year, industrial supplier and solutions provider Total Blasting – a subsidiary of Total Product Solutions Group – has sold more than 50 sets of water blast and water jet personal protective equipment (PPE) and the company foresees this number steadily growing at a... 

Local pumps supplier’s range extended

     6th October 2017 Engineering equipment supplier Mechanical Rotating Solutions (MRS) was appointed in August as a service and product supplier by international pumps company HCP Pumps’ South African subsidiary HCP Pumps South Africa. MRS MD   explains that being appointed to the network of accredited suppliers... 

Exhibition marks firm’s international re-entry

By: Simone Liedtke     6th October 2017 Protective workwear manufacturer Sweet-Orr is set to exhibit at this year’s A+A Trade Show exhibition – which is an important trade forum for safety, security and health at work – from October 17 to 20 in Dusseldorf, Germany. 

Eaton aiming to grow share in African utility market

By: Schalk Burger     6th October 2017 Electrical components and systems company Eaton aims to grow in the utility, commercial buildings and mining sectors in Africa by replicating the success of its power quality business, says Eaton Africa Sales Director Malvin Naicker. Eaton is focused on providing high-quality technical support... 

Finding solutions to meet the world’s changing resources and energy needs

     5th October 2017 Social writer Eric Hoffer wrote “In times of change, learners inherit the earth, while the learned find themselves beautifully equipped to deal with a world that no longer exists”, a quote that resonates with Denver Dreyer, CEO of WorleyParsons RSA.  As a company that helps customers meet the... 

Ferrexpo pellet production down owing to maintenance

By: Creamer Media Reporter      5th October 2017 Baar, Switzerland-headquartered Ferrexpo produced 2.49-million tonnes of iron-ore pellets in third quarter, down 1.7% on the 2.54-million tonnes in the second quarter, in line with ongoing pellet line maintenance. Production for the first nine months of the year was 7.65-million tonnes, compared... 

Caterpillar to localise components as part of R1.3bn empowerment deal

By: Terence Creamer     4th October 2017 US capital equipment giant Caterpillar has announced and equity-equivalent investment programme in South Africa through which it aims improve its black-empowerment rating by localising R1.3-billion-worth of components used in the construction and mining equipment it sells domestically through... 

CoM should stay away from ‘crook’ Zwane – Pityana 

By: Anine Kilian     4th October 2017 AngloGold Ashanti chairperson Sipho Pityana has urged South Africa’s mining lobby, the Chamber of Mines, to stay away from Mineral Resources Minister Mosebenzi Zwane, whom he accused of not being committed to South Africa’s mining industry. “I fully endorse that the Chamber of Mines stays away... 

Rip up charter, provide tax incentives, back junior miners – Maimane 

By: Martin Creamer     4th October 2017 Mining Charter Three should be ripped up, proper tax incentives introduced and junior mining enterprises supported to restore investment in the mining industry, which is a stimulator of the South African economy as a whole, Opposition Democratic Alliance leader Mmusi Maimane said on Wednesday.... 

Robots under Swedish forest breathe life into ancient mines

By: Reuters     4th October 2017 Hundreds of metres below the lush forests of rural Sweden, one of the world’s most ancient mines has been transformed into one of the most modern. Sensors linked to robotic equipment in Boliden’s Garpenberg zinc mine – which has been in operation since the 13th century – feed data to operators... 

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