http://www.engineeringnews.co.za
R/€ = 16.25 Change: 0.03
R/$ = 14.37 Change: 0.03
Au 1209.75 $/oz Change: 8.60
Pt 834.50 $/oz Change: 0.20
 

Topic

New AngloGold boss weighs asset sales to unlock value at miner

By: Bloomberg     26th September 2018 AngloGold Ashanti’s new CEO Kelvin Dushnisky said his goal of unlocking value at the world’s third-largest gold producer will involve focusing on its best assets and selling those that aren’t core to the business. Dushnisky, 55, took over at AngloGold on September 1 as the Johannesburg-based... 

Embattled South African construction firm Aveng reports wider FY operating loss

By: Reuters     26th September 2018 South Africa's Aveng reported on Tuesday a wider annual net operating loss due to declining revenue in two business units in its manufacturing business as well as under-performance of three key contracts in its core mining Moolmans unit. After market close, the construction firm reported a net... 

Why Are More Mines Integrating Renewables?

25th September 2018 By Melodie Michel, Energy and Mines Rob Schueffner, Hybrid Energy Solutions Manager for Caterpillar Electric Power, explains how the financial benefits and reliability of renewable energy solutions available for mines today are quickly matching the environmental benefits. 

Alaska’s Peak Gold PEA published

By: Creamer Media Reporter      25th September 2018 The joint venture partner in Peak Gold have published the preliminary economic assessment (PEA) for the gold project, near Tok, Alaska, detailing the “attractive” economics of the openpit operation at a gold price of $1 250/oz. Using the base case gold price and a silver price of $17/oz, the PEA... 

Denison selects low-cost ISR method for Wheeler River project

By: Mariaan Webb     25th September 2018 Uranium company Denison Mines has selected the low-cost in-situ recovery (ISR) mining method for the development of the high-grade Phoenix deposit at the Wheeler River project, marking the first deposit identified for ISR mining in Canada’s Athabasca basin. The company decided on ISR mining... 

On-The-Air (21/09/2018) 

By: Martin Creamer     21st September 2018 Japan is forecasting a massive market for fuel cells that use South African platinum; South African company Isondo this week reported that it is at the ready to produce fuel cell components locally; and Global commentators this week called on resource-rich African countries to use their wonderful... 

Wesizwe subsidiary institutes legal action, wants Maseve transaction declared unlawful

By: Nadine James     21st September 2018 Wesizwe Platinum subsidiary Africa Wide Mineral Prospecting and Exploration has instituted legal action against TSX-listed Platinum Group Metals’ (PTM’s) wholly-owned South African subsidiary, as well as Royal Bafokeng Platinum (RBPlat), seeking to have the Maseve transaction declared unlawful.... 

750 t SANY excavator expected to be a big hitter in the mining industry

21st September 2018 What is believed to be the largest excavator in Africa has been launched by Goscor Earth Moving (GEM), part of the Goscor Group, and official distributor of SANY. The SY750 is a primary loading tool for the mining industry, from opencast to alluvial diamond mining. The 750 t excavator is ideal to... 

Precast Concrete Faҫades Bring Buildings To Life

21st September 2018 Precast construction technology represents Finnish high-tech know-how at its best. The country’s professionalism in precast technology originates from its extensive application of this construction method. Testing innovative solutions and developing new products has been possible due to a solid... 

Plastic pallets championed in factories

21st September 2018 The use of wooden plastic pallets when considering the health and safety issues at factories is one of the most important decisions for managements, according to plastic pallets distributer Premier Pallets. The balancing act of juggling costs, “green conscience” regarding recyclability of company... 

Liquefied natural gas carriers, South Korea

By: Sheila Barradas     21st September 2018 Celsius Tankers has contracted Samsung Heavy Industries to build two 180 000 m3 liquefied natural gas carriers. 

Deep sea robots reveal mineral riches in the abyss

By: Reuters     20th September 2018 From the safety of their research vessel, scientists are exploring one of Earth's last frontiers - the sea floor - to discover more about valuable minerals vital in the manufacture of smartphones. The scientists, from the University of Bergen in Norway, are sending robots 2 500 m down into the... 

Wallbridge up on high-grade drilling results

By: Creamer Media Reporter      20th September 2018 Shares in Toronto-listed Wallbridge Mining soared 21% on Wednesday as the company announced positive results from its underground drilling programme and an update on the ongoing development of the 35 000-t bulk sample at the Fenelon gold property, in Quebec. Wallbridge said that, in the newly... 

Pan African’s rapid turnaround removes false notions on doing business in SA 

By: Martin Creamer     19th September 2018 South Africa was on Wednesday reaffirmed as a country where business is able to do what is required, when London- and Johannesburg-listed gold mining company Pan African Resources outlined the remarkably efficient manner in which this country’s regulatory environment facilitated the closure of a... 

750 t SANY excavator expected to be a big hitter in the mining industry

19th September 2018 What is believed to be the largest excavator in Africa has been launched by Goscor Earth Moving (GEM), part of the Goscor Group, and official distributor of SANY. The SY750 is a primary loading tool for the mining industry, from opencast to alluvial diamond mining. The 750 t excavator is ideal to... 

DRA to conduct feasibility study for Guinea graphite project

By: Schalk Burger     19th September 2018 Engineering services multinational DRA has been appointed to conduct the feasibility study for Canada-based Guinea-focused mining company SRG’s Lola graphite project, in Guinea. DRA said in a statement on Wednesday that the project will be executed through the DRA Met-Chem office, in Montreal,... 

Upbeat Pan African repositioned as lower-cost gold producer

By: Martin Creamer     19th September 2018 Gold mining company Pan African Resources said on Wednesday that it had reconfigured its gold operations for sustainable profitability through the creation of a lower cost base and the imposition of efficiencies and stability through restructuring. The London- and Johannesburg-listed company,... 

Ramelius goes underground at Edna May

By: Mariaan Webb     18th September 2018 Gold miner Ramelius Resources has opted for underground operations at Edna May, rather than developing a large Stage 3 openpit cutback at the Western Australia-based operation. Starting in early 2019, the company will start underground mining and ore production is expected from the start of the... 

WEG Motor Scan Set To Change Industry

17th September 2018 Leveraging digital technology is said to be key to participating in the next wave of economic growth. At the very least using it will allow mines, process plants and other industrial operations to reduce operating costs. Fanie Steyn, manager rotating machines at Zest WEG Group, says one of the... 

Ultrasonic Sensors For Switching And Measuring

17th September 2018 Longer operating ranges and broader areas of application are only two of the features offered by the Leuze’s Leuze HTU 418B and Leuze DMU 418B ultrasonic sensors. Suitable for switching and measuring applications, the devices have an operating range of up to 1 300 mm. These fully metal-enclosed... 

Pan African expects lower earnings

By: Martin Creamer     14th September 2018 Gold mining company Pan African on Friday advised shareholders that earnings in the 12 months to June 30 are expected to be lower than for the corresponding period last year. But the challenging operational environment has been ameliorated by the pouring last month of the first gold at the newly... 

Tsodilo's Botswana kimberlite project produces 44 ct

By: Schalk Burger     14th September 2018 TSX-listed Tsodilo Resources’ BK16 kimberlite project, in the Orapa kimberlite field, in Botswana, has produced a third parcel of diamonds, comprising 279 diamonds weighing 43.95 ct, the company said in a statement on Thursday. The diamondiferous BK16 kimberlite pipe is about 6 ha in size at... 

Laser scanning awareness increased in industries

By: Jessica Oosthuizen     14th September 2018 Local engineering and architecture clients are becoming increasingly aware of the concept of laser scanning and the benefits of using it to capture and define real-world spaces into accurate three-dimensional (3D) models, says laser scanning company ArchiScan director Anthony Keyter. “Laser... 

ZEISS to showcase range at IMTS

14th September 2018 Optical systems, and industrial measurement and medical devices manufacturer ZEISS Industrial Metrology will display its broad range of customised quality systems and support at the International Manufacturing Technology Show (IMTS), from September 12 to 15, in Chicago, US. Whether in the lab,... 

Machine learning, knowledge management tools changing legal industry

By: Schalk Burger     14th September 2018 The legal profession, as with most other knowledge professions, is changing through the use of machine learning tools applied to ensure that legal information is leveraged and disseminated efficiently to lawyers to fulfil their tasks more quickly and more accurately, law firm Cliffe Dekker... 

Johnson Controls supply second round of York chillers for Implats’ No 16 Shaft

13th September 2018 Johnson Controls has supplied two York YK centrifugal chillers to Impala Platinum (Implats) for the planned second phase expansion of cooling capacity for its No. 16 Shaft as it heads toward a depth of 1 650 m. The chillers will be installed by the end of August 2018 and the start-up of the... 

Sandvik launches Leopard DI650i drill rig

By: Tasneem Bulbulia     13th September 2018 Sandvik Mining and Rock Technology has expanded its high-pressure down-the-hole (DTH) drill rig offering, with the introduction of the new Sandvik Leopard DI650i model. The drill was unveiled to the market for the first time at Electra Mining Africa, being held this week at the Nasrec Expo... 

Resources Watch  

13th September 2018 DRDGold shares leap on higher-grade fillip And, DRDGold expecting rapid gold output from West Rand tailings project 

DRDGold projects boost Ergo efficiency, lower costs

By: Martin Creamer     12th September 2018 Three major projects completed by surface gold mining company DRDGold are expected to boost the fortunes of the company’s Ergo plant on the East Rand. The three projects made up the bulk of the company’s capital spend of R125.9-million in the 12 months to June 30. 

Altus provides market update on exploration at Cameroon project

By: Tasneem Bulbulia     12th September 2018 Exploration activities at Altus Strategies’ 97.3%-owned 400 km2 Bikoula and Ndjele high-grade colluvial iron-ore licences in southern Cameroon have confirmed additional supergene haematite.   Reconnaissance pitting and mapping have confirmed additional supergene haematite; while the drilling... 

Titan could earn into Peru gold

By: Esmarie Iannucci     12th September 2018 ASX-listed junior Titan Minerals could potentially acquire an 85% interest in the Las Antas gold project, in Peru, after negotiations with a private Peruvian company. Subject to the execution of a formal binding earn-in agreement, Titan could earn an initial 60% interest in the project by... 

Ultra Lithium buys property adjacent to its Lucky Lake claim

By: Creamer Media Reporter      12th September 2018 TSX-V-listed explorer Ultra Lithium has entered into an agreement with fellow-listed International Lithium to buy the Forgan Lake lithium property, in the Thunder Bay, north-western Ontario. The Forgan Lake property, consisting of about 256 ha land in 16 units, comprises one legacy claim... 

WorleyParsons provides design support for revolutionary wind power technology

11th September 2018 As an organisation that focuses on finding solutions to the world’s changing resources and energy challenges, WorleyParsons continuously seeks to develop and encourage innovative ideas, refine those ideas and take them to market. With the drive towards renewable energy gaining pace, the project... 

Manganese takes pole position in ARM’s earnings surge

By: Martin Creamer     10th September 2018 Manganese formed the backbone of the earnings performance of diversified mining company African Rainbow Minerals (ARM) in the 12 months to June 30, delivering 64% of the headline earnings, at R1.9-billion, and helping the company move into a strong net cash position by recording the best margin.... 

New impulses for the aluminum industry

10th September 2018 SMS group presents digitalization-driven potentials at the leading trade fair for the aluminum industry held in Düsseldorf During the “ALUMINIUM 2018” trade fair, from 9 – 11 October 2018, Düsseldorf, will once again be in the limelight of the global aluminum industry. SMS group is going to... 

Yongfeng Group Ltd. invests in casting technology for the production of demanding SBQ steel grades

10th September 2018 Yongfeng orders two five-strand billet casters for direct rolling from SMS Concast Shandong Laigang Yongfeng Steel Corporation (YONGFENG), based in Dezhou, China, is a subsidiary of Yongfeng Group Ltd. In February 2018, Yongfeng ̶ as a private company ̶ placed an order for two continuous casting... 

350,000 tons per year of galvanized steel strip for the Chinese construction and home appliances industries

10th September 2018 Ruifeng orders continuous hot-dip galvanizing line from SMS group Ruifeng (Shandong Ruifeng Stainless Steel Co.), China, has selected SMS group (www.sms-group.com) to supply a continuous hot-dip galvanizing line for steel strip, which is to be erected in Binzhou in the Chinese province of... 

On-The-Air (07/09/2018) 

By: Martin Creamer     7th September 2018 The planned imposition of carbon tax on South Africa’s smelters is going to put thousands of people out of work and lose South Africa billions of rands in lost export revenue. The promising new gold recovery project on the Far West Rand is another example of the private sector working together... 

Latest News

more

Latest Videos

more

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Register Close