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Argentina Lithium walks away from Arizaro project

By: Mariaan Webb     21st September 2018 Vancouver-based Argentina Lithium will not be proceeding with the option agreement on the Arizaro lithium project in the Arizaro Salar in Salta province, the company announced on Friday, as it outlines a future strategy. The TSX-V-listed firm has determined that the high risk and potential... 

Australian miners spearheading disruptive technology movement – Fitch

By: Nadine James     21st September 2018 Australia’s strong information communications technology and energy infrastructure, highly skilled labour force and government support ensures that its miners will continue to be the frontrunners in implementing technology to cut costs, enhance efficiency and increase mine safety, the latest... 

EIA for Maricunga lithium brine project submitted

By: Simone Liedtke     17th September 2018 ASX-listed Lithium Power International (LPI), through its joint venture (JV) company Minera Salar Blanco (MSB), has submitted the environmental impact assessment (EIA) for the Maricunga lithium brine project to the Chilean environmental authority, Servicio de Evaluación Ambiental (SEA). The... 

Consultancy pursues innovation, growth

14th September 2018 Engineering consultancy AZMET continues to showcase South African engineering talent to a global audience, and the company is pursuing a number of plans for further expansions and opportunities that exist for organisations willing to innovate, says AZMET marketing director Ruan Kukard. AZMET,... 

Weba Chute Systems

14th September 2018 Effective transfer of materials in chutes is a pressing issue for all mines. With the spotlight firmly on increasing productivity through more effective discharge of materials, coupled with minimising downtime and maintenance, solutions are critical to sustainability. With over 4 000 transfer... 

Ultra-3000 offered to local, international markets

By: Tasneem Bulbulia     13th September 2018 Concrete products machinery manufacturer Pan Mixers South Africa (PMSA) completed trials for the Ultra-3000 last month, and is offering this “unmatched machine” to the South African and international markets, PMSA marketing and sales manager Quintin Booysen tells Engineering News. The PMSA-Ultra... 

Only genuine Cummins parts can ensure long-term reliability and durability

12th September 2018 Cummins has embarked on a concerted campaign to educate customers about the disadvantages, and even dangers, of using non-genuine parts. “While many customers believe that doing so incurs an upfront cost-saving, our aim is to expose the detrimental long-term impact on engine lifespan in... 

Significant growth expected in flame arrestor market

7th September 2018 The global flame arrestors market is estimated to be $713.8-million in 2018 and is projected to reach $924.7-million by 2023, at a compound annual growth rate of 5.31%, according to research company Research and Markets. In their report titled ‘Flame Arrestors Market by Type (In-Line and... 

Vesconite

7th September 2018 Self-lubricated polymer bearings and bushes manufacturer VescoPlastics welcomes visitors to its stand (Hall 6 Stand C23) at Electra Mining Africa, which will be held at Nasrec, Johannesburg, from September 10 to 14. VescoPlastics caters for most bearing and wear-plate-bearing requirements of the... 

Centenera to buy six Argentina precious metals projects

By: Creamer Media Reporter      6th September 2018 TSX-V-listed Centenera Mining has signed a binding letter agreement granting it the right to acquire up to a 100% interest in six precious metals properties in the Deseado Massif in Santa Cruz, giving the firm a meaningful foothold in the mining and exploration district. The agreement is with an... 

Dinosaurs dominate South African Mint’s 2018 Natura Palaeontology Collection

By: Simone Liedtke     3rd September 2018 The South African Mint on Monday unveiled the five-coin Palaeontology Collection in 24 ct gold. The collection brings to life the ‘archosauria’, which comprise crocodiles, pterosaurs, dinosaurs and birds or the ruling reptiles that roamed and soared freely in Southern Africa about 200-million... 

VECV launches heavy-duty Eicher trucks, mulls bus entry

By: Irma Venter     29th August 2018 VE Commercial Vehicles (VECV) South Africa, a Volvo Group and Eicher Motors joint venture, has entered the domestic heavy-duty truck market, with the start of sale of its Pro 6000 series trucks. This will add to the Pro 3008 8.5 t gross vehicle mass (GVM) truck range introduced when the company... 

Global mining showing interest in Master Drilling’s new technology  

By: Martin Creamer     28th August 2018 The mining industry is showing strong interest in the new blast-free mobile tunnel boring machine that South African company Master Drilling will launch in Italy next month. This interest is exemplified by 32 mining executives from mining jurisdictions across the world making themselves available... 

Auto thought leader on need to build Tier 2 and 3 suppliers as local content falls

By: Irma Venter     24th August 2018 The South African automotive industry is eagerly awaiting the announcement of the details of government’s new support programme, the Automotive Masterplan, which is set to guide the industry’s investment activities from 2020 to 2035. The masterplan will perhaps be South Africa’s most challenging... 

Local downstream oil investments, across Atlantic gold prospects and rail derailments make headlines 

14th August 2018 Glencore’s local downstream oil investments are expected to be concluded in the near future, Rangold Resources is looking across the Atlantic along the northern edge of South America for new prospects, and Transnet has derailed its reputation by allowing derailments and rail cancellations on its... 

Randgold looking across the Atlantic

By: Martin Creamer     10th August 2018 African gold mining company Randgold Resources is looking across the Atlantic along the northern edge of South America, which effectively hosts the same geology as West Africa, where the London-listed company has its biggest gold-mining base. This is in addition to intensifying exploration... 

Fibre optics punted for pipeline monitoring amid major spills in mining and other sectors

By: Nadine James     10th August 2018 Fibre optics were invented to carry huge amounts of voice data over long distances very efficiently, but advancements in optical technology have enabled the use of specialised fibre optic cables as sensors with the ability to measure parameters such as acoustic energy, temperature, strain, and... 

App monitors spread of FAW in Africa

By: Erin Steenhoff-Snethlage     10th August 2018 The Fall Armyworm Monitoring and Early Warning System (FAMEWS) application (app) can save 300-million people in Africa from food insecurity and prevent significant economic losses in maize of up to $4.8-billion, caused by the infestation of the fall armyworm (FAW), says Food and Agriculture... 

DA proposes free trade, cost and regulatory reductions to stimulate manufacturing

By: Schalk Burger     7th August 2018 Political party, the Democratic Alliance (DA), on Tuesday proposed increased free trade and reducing regulatory burdens and energy costs to stimulate manufacturing in South Africa. In its policy proposal, ‘Manufacturing a new economic future’, the party states that “an effective trade policy... 

McEwen appoints new COO as Ochoa resigns

By: Creamer Media Reporter      1st August 2018 Gold and silver miner McEwen Mining has appointed senior executive Chris Stewart as president and COO with effect from September 1, succeeding Xavier Ochoa who resigned last month to pursue an opportunity closer to his family in South America. Stewart has 25 years of diversified experience in... 

Turkish steel makers eye exports to West Africa amid US tariff setbacks

By: Reuters     31st July 2018 Turkish steel makers are looking to expand in West Africa and other emerging markets in response to tariffs and planned quotas which threaten their sales to the United States and the European Union (EU), a senior sector official said. Namik Ekinci, board chairperson for the Turkish Steel Foreign... 

Goldplat FY18 financials expected to be in line with market expectations

By: Simone Liedtke     30th July 2018 Aim-listed gold producer Goldplat expects its consolidated profit, before tax, for the financial year ended June 30, to be in line with market expectations, despite Kilimapesa Gold (KPG) having experienced a poor final quarter financially. While Kilimapesa Plant 1 was shut down during the final... 

Vesco celebrates 60 years, maintains eye on ten-year vision

By: Natasha Odendaal     27th July 2018 As Vesco and its subsidiaries celebrate 60 years of successful operations, the founding Leger family has large ambitions for the future. Despite several challenges, the family-owned enterprise is currently in year three of its ten-year strategy of capturing 10% of the world’s business and growing... 

Newmont buys 50% of large Canada copper/gold project, forges partnership with Teck

By: Mariaan Webb     26th July 2018 Gold major Newmont on Thursday announced that it would pay $275-million for a 50% interest in the Galore Creek project, which with resources of eight-million ounces of gold and nine-billion pounds of copper is one of the world’s largest undeveloped projects of its kind. Newmont is buying half of... 

Freeport remains positive about copper despite trade tensions

By: Mariaan Webb     25th July 2018 US-based Freeport-McMoRan remains positive on the outlook for copper, despite the recent decline in prices associated with international trade developments, CEO Richard Adkerson affirmed on Wednesday. Copper has been caught up on the trade war rhetoric between the US and China, while at the same... 

Countdown to Brexit

By: Riaan de Lange     13th July 2018 Should you be reading this column on the date of its publication – July 13 –  it will be the second and last Friday the 13th in 2018. I hope you are not superstitious or suffer from triskaidekaphobia, an extreme or irrational fear of the number 13. And it is only 260 days to the day when the... 

Indonesia reaches preliminary deal with Freeport on Grasberg

By: Bloomberg     12th July 2018 Indonesia has struck an “initial agreement” to take majority ownership of Freeport-McMoRan’s giant Grasberg copper and gold mine, President Joko Widodo told reporters in Jakarta on Thursday. State-owned PT Indonesia Asahan Aluminium, also known as Inalum, will end up with a 51% stake,... 

Mining offers private equity opportunities despite recovery - Denham

By: Reuters     11th July 2018 Private equity still has significant opportunities to invest in mining as companies cut debt and rebuild their balance sheets even as the sector recovers, mining specialist Denham Capital said. Denham, which closed a new $550-million mining fund sooner than expected on Monday, has already... 

Denham Capital closes Mining Fund at $558m

By: Marleny Arnoldi     9th July 2018 Resource and energy-focused global private equity firm Denham Capital has closed its first standalone mining fund, the Denham Mining Fund, at $558-million to expand its portfolio in Australia, Canada, South America and Africa.  

US probe darkens Glencore's horizons from Africa to Americas

By: Bloomberg     4th July 2018 The US corruption and money-laundering probe into Glencore Plc represents the sum of all fears for the world’s largest commodity trader and its billionaire CEO Ivan Glasenberg. The possibility that the Justice Department would add to the dizzying array of regulatory and legal headaches the Swiss... 

Gama cites need for digital change to ensure greater economic growth

By: Simone Liedtke     21st June 2018 With an unemployment rate of about 27% in South Africa, State-owned Transnet CEO Siyabonga Gama highlights the need for creating, on an urgent basis, more job absorption strategies. This vision, he explained at the Vision 2030 Summit, in Johannesburg, on Thursday, will involve employing more of... 

PEA completed for South America’s ‘most advanced’ PGM project

By: Creamer Media Reporter      18th June 2018 A preliminary economic assessment (PEA) for the Pedra Branca platinum group metal (PGM) project, in north-eastern Brazil, has confirmed the economic potential of the project, which Aim-listed Jangada Mines says is South America’s largest and most advanced PGMs play. The PEA has assigned a net... 

SOURCE hydropanel launches in S Africa

By: Marleny Arnoldi     14th June 2018 Zero Mass Water has launched its SOURCE hydropanel, which applies thermodynamics, materials science and controls technology to produce potable drinking water from only sunlight and air, in South Africa.  

Copper industry in crisis, new areas pursued

By: Jessica Oosthuizen     13th June 2018 The global copper industry is in crisis – traditional orebodies are becoming depleted and the commodity market has depressed the price of copper to such an extent that mining companies cannot afford to invest in expansion or new equipment, says foundry and engineering company Thos Begbie group... 

First African tetrapods discovered in South Africa

By: Anine Kilian     8th June 2018 Science and Technology Minister Mmamoloko Kubayi-Ngubane, together with South African palaeontologist Dr Rob Gess, on Friday announced the discovery of the first African fossils of Devonian tetrapods, or four-legged vertebrates. The two new species, named Tutusius umlambo, after Archbishop... 

60 year anniversary of global polymer company - 8 lessons for entrepreneurs

By: Creamer Media Reporter      4th June 2018 At 87 years old, serial entrepreneur Alain Leger, who founded one of South Africa’s most successful manufacturing enterprises, is a seasoned business person celebrating the 60th anniversary of the company he founded this year. While the art of taking on financial risks in the hope of achieving... 

Summit discusses built environment trends, considerations for thriving Africa development

By: Marleny Arnoldi     31st May 2018 It has been a tumultuous period for the African continent, as since 2014 there have been many pressures affecting the macroeconomic environment – commodity prices took a significant knock, some economies dipped into a recession and the pressure was on from a number of credit ratings agencies.  

EY’s Canadian Mining Eye Index falls in Q1

By: Henry Lazenby     25th May 2018 The EY Canadian Mining Eye Index has shown a decline in first-quarter performance, falling 8% from the fourth quarter of 2017, the professional services firm reported on Thursday. Based on the 2018 operating guidance released by the majority of Canadian gold mining companies, average production... 

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