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Mining gear maker Metso picks CEO from Finnair

By: Reuters     21st May 2018 Finnish engineering company Metso said on Monday it had picked Finnair CEO Pekka Vauramo as its new chief executive officer. Vauramo is expected to bring stability to the business following the surprise departure of the previous CEO Nico Delvaux after less than a year in the job. 

ROSOND appoints new Chief Financial Officer

3rd May 2018 Douglas McLean has been appointed as the Chief Financial Officer for ROSOND. Douglas completed his CA (SA) qualification in 1999 having served his articles at Mazaars. He then worked in the United Kingdom, predominately for BP. Upon returning to South Africa in 2003, Douglas worked for a brief... 

Australia pumps A$50m into drilling research

By: Esmarie Swanepoel     28th March 2018 The Australian federal government on Wednesday announced a A$50-million investment into research aimed at better equipping the mining and resources sector to manage future challenges. Resources and Northern Australia Minister Matt Canavan said the funding would come from the Cooperative... 

Revival of interest in robotics to increase safety in South African mines

By: Rebecca Campbell     9th February 2018 There is a renaissance of interest in using robotics in mining in South Africa,” affirms Council for Scientific and Industrial Research (CSIR) Materials Science and Manufacturing Operational Unit Mechatronics and Micro Manufacturing (MMM) Competency area research group Leader Peter Bosscha.... 

Hillhead looks forward to a record-breaking 2018

8th January 2018 HILLHEAD will welcome more exhibitors than ever before with both outdoor and indoor space set to expand significantly in 2018.   Major industry players including Terex Group, SMT (Volvo), JCB, Komatsu, Finning, Case, Sandvik, Hyundai, Bell, Liebherr, Doosan, Atlas Copco, Bomag, Wirtgen,... 

Avesoro set to acquire $17.1m in heavy mining equipment

By: Natasha Odendaal     12th December 2017 TSX- and Aim-listed Avesoro Resources’ Bea Mountain Mining subsidiary has entered into finance agreements to acquire $17.1-million in heavy mining and additional auxiliary equipment for New Liberty gold mine, in Liberia. The equipment finance facility agreements with Mapa İnşaat ve Ticaret AŞ... 

ISO Bearings

10th November 2017 Boksburg-based bearings supplier ISO Bearings is the South African importer and distributor of the ISO and LYC bearings brands and ancillary equipment. The company’s product portfolio offers solutions for the mining, agriculture, general engineering, earthmoving, food processing,  railways and... 

Kibali Africa’s most mechanised gold mine – Randgold

By: Martin Creamer     2nd November 2017 If you want to make money in mining, you must be efficient and a company taking efficiency to new heights in Africa is Randgold Resources. While there is a perception in some developed world minds that in Africa mineworkers arrive at the gate, pick up a spade and go out there and shovel stuff,... 

Avesoro expands New Liberty mining equipment fleet

By: Anine Kilian     16th October 2017 TSX-and Aim-listed Avesoro Resources’ wholly owned subsidiary Bea Mountain Mining Corporation (BMMC) has entered into equipment finance facility agreements with Mapa Insaat ve Ticaret, a related party of the company, to facilitate the purchase of heavy mining equipment for $6.1-million. The... 

Research consortium to spend A$14.6m on South Australian copper

By: Esmarie Swanepoel     18th September 2017 he South Australian government will spend A$4-million over the next four years on a research consortium, led by the University of Adelaide, to develop advanced technologies to boost copper production and to develop a globally competitive mining technology services sector. The University of... 

Trevali lowers guidance as Santander water ingress delays development

By: Henry Lazenby     12th August 2017 Pure-play zinc producer Trevali Mining expects to produce less metal from the Peru-based Santander mine this year, after extreme rainfall during the recent mountain wet season delayed high-grade stope development by a quarter. The company announced on Thursday that the excessive rainfall during... 

Mothballed Snap Lake mine's equipment to come under the hammer

By: Henry Lazenby     7th June 2017 Surplus underground and surface mining equipment from diamond major De Beers Canada’s suspended Snap Lake mine, in the Northwest Territories, will come under the hammer from Wednesday in a series of negotiated sales and an online auction. TCL Asset Group and Nasdaq-listed Liquidity Services... 

Trevali Q1 earnings rise on higher sales, price support

By: Henry Lazenby     15th May 2017 Canadian base metals producer Trevali Mining has reported higher first-quarter earnings, as revenues were boosted by significantly higher sales volumes on the back of the Caribou mine declaring commercial production in the third quarter last year, and higher prices. Vancouver-based Trevali, which... 

Trevali deploys new underground mining fleet at Caribou zinc mine

By: Henry Lazenby     12th May 2017 Zinc producer Trevali Mining is currently phasing in some C$20-million of new underground mining equipment at its Cariboo zinc mine, in the Bathurst Mining Camp of north-eastern New Brunswick. The fleet upgrade is part of an operation-wide optimisation drive, in partnership with Sandvik Mining,... 

South Deep rebase plan paving way for healthier economics, safer mining

By: Dylan Slater     13th April 2017 The South Deep gold mine, in Westonaria, Gauteng, is set to steadily ramp up production using a fully mechanised deep-level underground fleet, allowing for operations to be conducted at increasingly greater efficiencies, while ensuring improved personnel health and safety, as well as morale. The... 

Free cash rockets to $278m, dividend resumed – AngloGold

By: Martin Creamer     21st February 2017 Gold mining company AngloGold Ashanti will resume dividends after lower operating and interest costs helped it nearly double free cash flow to $278-million on lower production. In the 12 months to December 31, AngloGold Ashanti produced 3.6-million ounces of gold across its 17-mine portfolio at a... 

DiamondCorp embarks on £1m raising for Lace mine

By: Natasha Odendaal     13th January 2017 Dual-listed DiamondCorp has embarked on a conditional placing to raise the capital required to fund critical expenditure requirements of the Lace diamond mine during the Phase 1 business rescue process. The expected gross proceeds of £1-million from the bookbuild, if successful, will pave the way... 

DiamondCorp works to bring Lace mine back into operation

By: Anine Kilian     29th November 2016 Dual-listed DiamondCorp plans to sell 5 130 ct of diamonds recovered before the closure of Lace diamond mine, while it works to bring the mine back into production. The miner, which announced on November 14 that production at the mine had been halted after a flood at the mine, on Tuesday said its... 

Industrias Peñoles’ Velardeña Mine Improves Operator Training Capability with CYBERMINE

31st October 2016 Velardeña mine in México’s Durango State, part of Industrias Peñoles, the world’s largest producer of silver, has expanded its heavy equipment operator training programme with the inclusion of ThoroughTec Simulation’s CYBERMINE E-learning system and Operator Familiarisation Trainer (OFT) for... 

Conveyor belt delivers coal from new shaft at Middelbult operation

By: Robyn Wilkinson     21st October 2016 Global conveying and industrial solutions provider Dunlop Industrial Products manufactured and supplied conveyor belting that has been fitted on to one of the longest belt conveyor systems in the world – a 20-km-long system – at energy and chemicals company Sasol’s Middelbult coal mine in Secunda. 

Sandvik hollow bar brings ‘100 years of maintenance-free service’ to Norway’s revolutionary high speed railway

12th October 2016 Sanmac® 2205 duplex stainless steel hollow bar was used for construction of the Holmestrand station, part of a new high-speed rail system that will transform Norway’s transport infrastructure. Sandvik’s input contributed towards the project’s on time completion.   Sanmac® 2205 long lifetime, low... 

Electra Mining Africa: the best of cutting edge technology

4th October 2016 Technology, a key driver in engineering and mining innovation, is being driven by the commodity downturn. This year’s Electra Mining Africa saw a host of these innovative technologies being showcased, demonstrating the local engineering and mining industry’s world class status in terms of... 

Venetia underground project may deliver first carats ahead of 2022 target

By: Ilan Solomons     26th August 2016 The construction of the R29-billion ($2.1-billion) underground development at the Venetia mine by diamond miner De Beers Consolidated Mines (DBCM) is within budget and developing on schedule, with the potential to see underground opera- tions deliver the first ore before the targeted start of... 

Mining equipment sector to reach $156bn by 2022 – report

By: Ilan Solomons     6th July 2016 The global mining equipment sector is forecast to grow at a compound annual growth rate of 7.9% between 2016 and 2022, to reach a value of over $150-billion by 2022. This was according to a new report published on Monday by global market research company Allied Market Research (AMR) titled ‘World... 

Appointment Of New Flsmidth Country Head For South Africa

13th June 2016 FLSmidth has issued an announcement regarding changes within the FLSmidth South African organisation. Effective 1 July 2016, Deon de Kock has been appointed as Vice President for Minerals, Sub-Sahara. In addition to assuming full regional responsibilities, de Kock will also assume the role of... 

DiamondCorp invests in additional mining equipment

By: Creamer Media Reporter      19th April 2016 Dual-listed diamond mining and development company DiamondCorp has bought additional mining equipment after reporting earlier this month that it was experiencing operational issues relating to the breakdown of its existing equipment fleet at the Lace diamond mine. It has acquired an additional... 

Lonmin cuts workforce, shrinks capex, lowers unit costs

By: Martin Creamer     2nd November 2015 Platinum mining company Lonmin on Monday reported employee cuts, shrinking capital expenditure (capex), lower unit costs and the highest refined platinum production in eight years. But that did not stop the share price of the London- and Johannesburg-listed platinum-mining company from initially... 

Sandvik contractor dies at Lonmin’s Marikana mine

By: Megan van Wyngaardt     23rd July 2015 JSE-listed platinum miner Lonmin on Thursday confirmed that Sandvik Mining contractor general foreman Mark Potgieter, 36, has died as a result of injuries sustained in an accident that occurred during the maintenance of a load-haul dumper at its Hossy shaft, at the Marikana mine, on Wednesday... 

Sandvik oil and gas campaign wins ‘Advertisements of Greatest Interest’ recognition from NACE International

13th July 2015 Sandvik Materials Technology has received recognition for ‘Advertisements of Greatest Interest’ from NACE International, acknowledged globally as the premier authority for corrosion control solutions, based on a survey of its own worldwide membership. The ‘AD Q study of Materials Performance’... 

Tongon mine on track to achieve 2015 targets

By: Natalie Greve     28th April 2015 Randgold Resources’ Tongon gold mine, in Côte d’Ivoire, remains on track to achieve its yearly production and cost guidance, following a year in which its management made significant progress in dealing with the recovery and throughput challenges that had hampered the operation in its early... 

Siemens awarded entire Nautilus Minerals support vessel electric contract

By: Henry Lazenby     20th April 2015 Prospective marine miner Nautilus Minerals has awarded Siemens International Trading (Shanghai), a subsidiary of Siemens, the entire electrical installation contract for its support vessel currently being designed and built by Fujian Mawei Shipbuilding, in Fujian province, in south-eastern China.... 

First output from Lace mine due in H2 despite AMCU strike

By: Natalie Greve     29th January 2015 DiamondCorp’s developing Lace diamond mine, in the Free State, is likely to come into production in the second half of this year, despite a six-week strike by members of the Association of Mineworkers and Construction Union (AMCU) in October and November. Following the implementation of a revised... 

BMT WBM Machinery Group Appoints New Managing Director

8th January 2015 BMT WBM, a subsidiary of BMT Group, the leading international engineering, maritime and risk management consultancy, has announced the appointment of Paul Charlton as Managing Director of its Machinery Group. Paul has over 25 years’ experience in the mining machinery sector, working for... 

Future S African mining technology investment focused on safety issues

By: Chantelle Kotze     11th December 2014 The top two areas for future technology investment in the mining sector are fatigue management and collision avoidance/proximity-detection tools, tackling daily safety issues faced by operators, reveals Research and Markets. 

TPT invests in skills development at Richards Bay port

By: Shirley le Guern     28th November 2014 The handover of specialised computer equipment to the Umfolozi Technical and Vocational Education and Training College would address one of the greatest challenges faced by Transnet Port Terminals (TPT) at the Port of Richards Bay – a lack of skills in a highly specialised, industrial... 

300 a year doing mechanised mining courses at Wits centre

By: Martin Creamer     29th October 2014 Three hundred people a year are doing courses in mechanised mining offered by the University of the Witwatersrand Centre for Mechanised Mining Systems (CMMS). CMMS director Dr Declan Vogt, who was interviewed by Mining Weekly Online at the university, sees one of the centre’s main roles as... 

Elquip Solutions - Bringing Top Italian Sheet Metal Working Lines to South African Industry

2nd October 2014 One of Italy’s most important names in machine building is now represented in South Africa as part of a distributorship agreement with Elquip Solutions, which provides quality global electrical, automation, mechanical and capital equipment to local industry. Faspar SpA, from its premises near... 

It’s simple, Mr US President, just fund Africa’s capacity – Randgold

By: Martin Creamer     7th August 2014 The builder of five gold mines in Africa, who is currently exploring for a sixth, has a simple message for US President Barack Obama, who this week hosted the US-Africa Leaders Summit with the objective of turning Africa into a viable emerging market. “If you want to lift Africa into an emerging... 

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