R/€ = 15.91 Change: -0.03
R/$ = 14.04 Change: -0.03
Au 1338.32 $/oz Change: -3.46
Pt 823.18 $/oz Change: 1.93


SA HIPPO in big demand for USA Coal Mines

By: Creamer Media Reporter      11th October 2018 Due to President Donald Trump insisting that USA international companies, such as General Motors, bring their manufacturing activities back to the USA it is expected that a shortage of electrical power would be experienced. Several USA coal mines that have been closed for the last 20 years, most... 

Innovative Façade Design Hits the Marc

By: Creamer Media Reporter      11th October 2018 Innovative façade design is stylising the appearance of some of the most spectacular architecture currently gracing the South African skyline. Developed by Eris, the tower called the Jewel at the new upmarket multi-use development, The MARC, has a shape and a façade like no other. Boogertman +... 

MSA Africa launches new Workman® tripods for confined-space entry

10th October 2018 A leading manufacturer of high-quality safety solutions for hazardous environments such as mining, MSA Africa used Electra Mining Africa 2018 to display some of its latest products. These included the Workman® range of tripods, which are used specifically to facilitate confined-space entry via... 

Kaefer Innovations Day

By: Creamer Media Reporter      10th October 2018 We would like to invite you to join us. As we Celebrate our centenary! through Kaefer Innovations Day. Date: 16th November 2018 Time: 09:00 - 17:00 Venue: 7 Nywerheid street, Germiston 1401, Gauteng 

Basic Cyber Hygiene Practices That Go A Long Way

10th October 2018 Doros Hadjizenonos, regional sales director at Fortinet in South Africa When on the job at a corporate office, a healthcare organization, or an academic institution or government agency, or even when you are working from a local coffee shop, restaurant, or home office, your organization’s online... 

Platreef Shaft 1 intersects Flatreef deposit at 780 m below surface

By: Creamer Media Reporter      10th October 2018 Shaft 1 at Ivanplats’ Platreef project has reached the top of the high-grade Flatreef deposit at 780.2 m below surface. This is the first time that the Platreef – a strongly mineralised, polymetallic belt that extends northward from the town of Mokopane for more than 30 km – has been intercepted... 

Turffontein Storm water Phase 1B is 80% complete

9th October 2018 Turffontein residents will soon have a stormwater system that will reduce flooding, retain water, recharge ground water and prevent water overflow that can be harmful to grass and plants. The storm water drainage system, which cost R47 803 482.92, according to JDA CEO Christo Botes, is now 80%... 

Tech advances poised to shorten prospecting-to-mine-development timelines

By: Tracy Hancock     5th October 2018 The impact of the Fourth Industrial Revolution on the minerals industry has not yet played out, but South Africa's, and the world’s, ability to generate massive amounts of data and integrate and use them will undoubtedly improve, leading to an acceleration in mineral exploration in the future,... 

Marine waste a pressing issue, but few solutions in sight 

By: Dylan Slater     5th October 2018 Plastics have become the “ubiquitous workhorse material” of the modern economy, combining unrivalled functional properties with low cost, and its use has increased twenty-fold in the past half-century, according to circular economy advocacy charity The Ellen MacArthur Foundation.  

Marine waste a pressing issue, but few solutions in sight

By: Dylan Slater     5th October 2018 Plastics have become the “ubiquitous workhorse material” of the modern economy, combining unrivalled functional properties with low cost, and its use has increased twenty-fold in the past half-century, according to circular economy advocacy charity The Ellen MacArthur Foundation.  

West Qurna Phase 2 oilfield, Iraq

By: Sheila Barradas     5th October 2018 LUKOIL Mid-East is developing Phase 2 of the West Qurna oilfield, which has been divided into three phases. 

Chryso Demoulding Oil Enhance Final Concrete Finish

4th October 2018 Raising the quality of concrete finishes as well as extending the life of formwork are among the many benefits of using demoulding oils when casting concrete. According to CHRYSO Southern Africa general manager marketing, Hannes Engelbrecht the most important function of release agents or... 

Chryso Demoulding Oils Enhance Final Concrete Finish

4th October 2018 Raising the quality of concrete finishes as well as extending the life of formwork are among the many benefits of using demoulding oils when casting concrete. According to CHRYSO Southern Africa general manager marketing, Hannes Engelbrecht the most important function of release agents or... 

Peabody reports good news in Queensland

By: Esmarie Iannucci     3rd October 2018 Coal miner Peabody Energy on Wednesday reported that the initial steps to extinguish the fire at its North Goonyella mine, in Queensland, appeared to be delivering results, with either steam or white smoke emanating from only one mine shaft. The company at the start of this week started... 

FLSMIDTH Combines Steel, Ceramic In Wear Panels For Longer Life, More Uptime

3rd October 2018 Using a unique matrix design, the FerroCer® impact wear panel from FLSmidth combines the strength and malleability of steel with the superior abrasion resistance of ceramics to extend the availability of crusher chutes and hoppers. These modular panels are designed to offer the longest possible... 

RS Components introduces heavy-duty connectors for range of industrial applications

By: Creamer Media Reporter      3rd October 2018 RS Components (RS), the trading brand of Electrocomponents plc (LSE:ECM), a global multi-channel distributor, has unveiled a new range of RS Pro heavy-duty connectors including screw terminals, cage-clamp terminals and housings. The components offer excellent value for customers and are designed... 

For African bush elephants, wrinkles are cool

By: Reuters     2nd October 2018 A study of the African bush elephants' vast network of deep wrinkles has found they are intricately designed to help the animals keep their cool, fight off parasites and defend against sun damage, scientists said on Tuesday. The fine pattern of millions of channels mean the elephants' skin can... 

Lifting technology: Konecranes modernises the rotary crane at the DLR test facility for rocket drives

2nd October 2018 Konecranes modernises the rotary crane at the test facility for rocket drives at the Deutsches Zentrum für Luft- und Raumfahrt DLR (German Aerospace Centre), installing the latest technology for increased efficiency and safety. Konecranes modernises the rotary crane at the test facility for... 

Babcock and ZAC partnership a success story

By: Creamer Media Reporter      1st October 2018 Striving to find effective, flexible solutions to customers’ unique needs underpinned Babcock’s recent partnership with Zululand Anthracite Colliery (ZAC). Earlier this year ZAC celebrated an impressive average of 5 000 machine hours worked in the space of just one year, with zero downtime while... 

Drilling for water 'makes no economic sense'

By: News24Wire      1st October 2018 The City of Cape Town's (CoCT) borehole drilling programme has scientists scratching their heads at the apparent determination of the City to drill into the hard rock of the Table Mountain Group Aquifer (TMGA) at great cost, while other cheaper and more environment-friendly options are not first... 

Polymetal consolidates Saum stake, mining to start H2 2020

By: Marleny Arnoldi     28th September 2018 LSE-listed Polymetal International has acquired the remaining 20% stake in Saum Mining Company, which is the licence holder for the Saum polymetallic deposit, in Russia. The deposit has a resource of 435 000 oz of gold equivalent at 9.7 g/t gold.  

Air freight volumes see reduced growth, but yields remain good

By: Rebecca Campbell     28th September 2018 The International Air Transport Association (IATA) has reported, in its “Cargo Chartbook Q3 2018”, that the yearly increase in air freight ton/kilometres (FTKs) had decelerated to 2.8% during the three month period ending in July. This was “its slowest pace on this basis in more than two years,”... 

Lakhwar multipurpose project, India

By: Sheila Barradas     28th September 2018 The project entails the proposed installation of a 300 MW power plant. 

Zinc explorer Erris Resources shines

By: Mariaan Webb     27th September 2018 Europe-focused exploration company Erris Resources received a share price boost on Thursday, after the company published its interim results, highlighting the high-grade mineralisation of its Abbeytown zinc project, in Ireland, and its strong cash position of €2.59-million at September 26.... 

GoldStone progresses scoping, old working assessment at Akrokeri-Homase project

By: Marleny Arnoldi     27th September 2018 Aim-listed GoldStone Resources is growing more confident in identifying mineral resource potential at the Akrokeri-Homase (AKHM) gold project, in Ghana. A work programme has focused on accessing the historic, high-grade Akrokeri underground gold mine, which is one of two previously producing... 

RBPlat raises R239m equity capital in bookbuild

By: Martin Creamer     27th September 2018 Platinum mining company Royal Bafokeng Platinum (RBPlat) on Thursday announced the closure of a bookbuild that will result in the private placing of R239-million worth of shares that is scheduled to begin on October 2. RBPlat announced the launch of the accelerated bookbuild offering of new... 

Sibanye highlights Lonmin, DRDGold deal attractions at Denver

By: Martin Creamer     26th September 2018 The progressing Lonmin acquisition and the already done DRDGold deal have been highlighted to the Denver Gold Forum by Sibanye-Stillwater, which is currently hosting investors and analysts at its Stillwater mine in Montana. The forum heard how the Lonmin acquisition would add significantly to... 

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. 

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