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Barrick Gold eyes assets, exploration as it plots new phase

By: Bloomberg     17th November 2018 Barrick Gold, soon to become the world's largest bullion miner, is interested in adding more copper assets as long as the red metal is accompanied by bullion, executives said on Friday. Barrick, which expects to complete its $6.1-billion takeover of Randgold Resources January 1, outlined plans... 

Newmont adjusted income falls on lower prices, production

By: Mariaan Webb     25th October 2018 Colorado-based Newmont Gold on Thursday reported weaker adjusted net income of $175-million, as its revenue decreased along with gold prices and lower production at various sites. The third-quarter income adjusted for impairments and a write-down in North America, came to $0.33 a diluted share,... 

Secutech 2019 to place spotlight on integrated solutions shaped by artificial intelligence and the IoT

23rd October 2018 Secutech, the leading business platform for safety and security products returns for its 22nd edition next year with a sharpened focus on artificial intelligence and IoT technology. The fair will be held from 8 – 10 May 2019 at the Taipei Nangang Exhibition Centre in Taipei. 
 
IoT and artificial... 

Pollutec 2018 shines the spotlight on Burkina Faso

By: Tasneem Bulbulia     23rd October 2018 Pollutec 2018, which will mark the fortieth anniversary of this international environmental trade show, is set to cover 14 key industry sectors, and focus keenly on Africa – notably Burkina Faso – as well as other key regions, such as South America and South-East Asia. Pollutec has featured an... 

China's Shandong Zhaojin seeks South American mining assets

By: Reuters     19th October 2018 Shandong Zhaojin Group, one of China's biggest gold miners, is scouring assets in South America as it looks to invest in its first overseas mining project, its general manager said on Friday. The company has set up a representative office in Machala, capital of Ecuador's El Oro province,... 

Gold merger will create industry 'superpower'

By: Rebecca Campbell     19th October 2018 The merger between Barrick Gold (domiciled in Canada and dual-listed on the New York and Toronto stock exchanges) and Randgold Resources (domiciled in Jersey and dual-listed on the London and Nasdaq stock exchanges), announced last month and still awaiting shareholder and regulatory approvals,... 

South African mint shines in Africa

By: Natasha Odendaal     19th October 2018 The South African Mint’s (SA Mint’s) master craft and secure manufacturing has made it one of the top preferred manufacturers of coins and coin blanks in the world, and a valuable partner across Africa. The famous producer of circulation and commemorative coins has, on its CV, an impressive list... 

Orosur loss widens on restructuring costs

By: Creamer Media Reporter      15th October 2018 South America-focused Orosur Mining posted a pre-tax loss of $6.1-million in the quarter ended September 30, a significant increase from a year earlier loss of $384 000, as restructuring costs ballooned following the closure of the company’s Uruguay operations. Orosur has been restructuring the... 

Lithium leaders tout bright EV future after tough trading debut

By: Bloomberg     12th October 2018 The market for lithium will remain tight through 2025 as producers struggle to lift output fast enough to meet demand for the material that’s essential in making batteries for electric vehicles (EVs), according to the sector’s newest public company, Livent. “We think demand is going to grow... 

Latest products and technologies revealed at Electra Mining Africa

By: Creamer Media Reporter      11th October 2018 Over 850 exhibitors showcased their latest new innovations, products and services at one of the world’s biggest mining and industrial trade exhibitions. Held at the Johannesburg Expo Centre in Nasrec from 10-14 September, leading players in the mining, manufacturing, automation, electrical and... 

The battery boom created a new lithium superpower in China

By: Bloomberg     10th October 2018 With a ruined 13th Century castle, the Irish town of Carlow is an unlikely staging post in the super-charged rise of a key player in China’s push to dominate the global electric-vehicle revolution. Ganfeng Lithium Co. sent a team to the town -- a 90-minute drive southwest of Dublin -- in 2013,... 

Tullow Oil optimistic about prospects in Africa

By: Kim Cloete     2nd October 2018 Oil and gas exploration and production company Tullow Oil has outlined its sharper and deeper focus on Africa, with upbeat outlooks for its projects in both West and East Africa.   Despite a shift to cleaner energy and alternative energy sources, Tullow Oil also believes there will be strong... 

Jangada gains enviro approval for trial mining

By: Creamer Media Reporter      1st October 2018 South America-focused platinum group metals (PGM) project developer Jangada Mines on Monday announced that it had been issued an environmental licence for trial mining at the Pedra Branca project, in north-eastern Brazil. The environmental licence is the final requirement before the company can... 

Barrick's Bristow bet seen as boosting South America revival

By: Bloomberg     28th September 2018 Mark Bristow built a reputation as the developer and operator of lucrative mines in Africa. Now the world’s biggest gold mining company is betting he can do the same in another complex region, South America. The Randgold Resources founder is set to become CEO of Barrick Gold after Barrick said... 

SACS goes live, greatly furthering global connectivity

By: Tasneem Bulbulia     27th September 2018 The South Atlantic Cable System (SACS), which will provide a more direct route for Internet traffic in the Southern Hemisphere, is now on stream and open for commercial traffic. The system, which is wholly owned by Angola Cables, has been manufactured and powered by NEC Corporation and connects... 

Advisian quickly becoming an advisor of choice in transport and master planning

By: Creamer Media Reporter      25th September 2018 Transport infrastructure is a primary driver for expanding trade and sustainable development throughout the EMEA region. This is particularly the case in the SSA (sub-Saharan African) and MENA (Middle East and North Africa) regions, where the integration of transport infrastructure with new... 

Barrick silences its biggest critic by buying out Randgold

By: Bloomberg     24th September 2018 For more than two decades, Mark Bristow has been a thorn in the side of Barrick Gold. Now he’s its closest partner. The 59-year-old South African will take the role of chief executive officer at Barrick after the Canadian company inked a $5.4-billion deal to buy out Randgold Resources. It’s a... 

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... 

'Will I come back dead?' Human costs of South African gold

By: Bloomberg     10th September 2018 fter more than two decades of improving mine safety since the end of apartheid, South Africa’s progress has stalled with an increase in gold-mining deaths. More than 50 people have died in the country’s mines in 2018, roughly the same number as this time last year. While annual death tolls are... 

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... 

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