Generous De Beers bursaries for varsity students

When Ndlaleni Prudence Mkwanazi applied for tertiary education financial assistance from diamond company De Beers’ Voorspoed diamond mine, in Free State, earlier this year, little did she... 

Hwange Colliery Company records revenue declines, narrows operating loss

Zimbabwe coal mining and exploration company Hwange Colliery Company (HCC) recorded a 23% year-on-year decline in revenue for the six months to end June, it reported on Friday. The company’s... 

Despite lower valuation, research firm provides favourable update for Mustang

Australian and US investment research firm Independent Investment Research (IIR) has updated its valuation for ASX-listed junior miner Mustang Resources, with this resulting in a slightly lower... 

Pilot Crushtec deploys Metso technologies enabling quarry to increase output, reduce costs

Crushing and screening specialists Pilot Crushtec International, the Southern African distributor of Metso products, says it has the technologies and support services to assist in supplying raw... 

Zambia mines deny they are being subsidised by domestic electricity consumers

The notion that Zambia’s mines are being subsidised by domestic consumers is  “wholly untrue and completely at odds with the facts”, states Zambian Chamber of Mines president Nathan Chishimba, in... 

Report reveals how politicians and security forces are siphoning off Zim’s diamond wealth

Powerful military, political elites and security forces have taken control and secretly exploited Zimbabwe’s once promising diamond sector, while concealing the scale of the loss to its people, a... 

MHSC’s centre of excellence set to open in November

The Mine Health and Safety Council (MHSC) is currently implementing a business plan for its centre of excellence, which is scheduled to open by the end of November. This is according to MHSC... 

Construction starts on Pan African’s R1.7bn Elikhulu tailings retreatment project

Government, trade unions and traditional leadership have heaped praise on South African precious metals miner Pan African Resources for the development of its R1.7-billion Elikhulu tailings... 

Lesotho’s Letšeng mine recovers several 100-ct-plus diamonds, expects trend to continue

The Letšeng diamond mine, in Lesotho, recovered several diamonds larger than 100 ct during the first half of 2017, with LSE-listed diamond miner Gem Diamonds upbeat that this trend will continue... 

Regulatory overhaul expected to improve water use licensing turnaround

Analysts are hopeful that recent regulations promulgated by the Department of Water and Sanitation (DWS) will assist in overcoming the long delays in securing water use licence authorisations... 

Lesotho’s Letšeng mine recovers several 100-ct-plus diamonds, expects trend to continue

The Letšeng diamond mine, in Lesotho, recovered several diamonds larger than 100 ct during the first half of 2017, with LSE-listed diamond miner Gem Diamonds upbeat that this trend will continue... 

Mining industry urged to do more to prevent further fatalities in 2017

The recent spike in fatalities at South African mines, with the most recent occurring at Harmony Gold’s Kusasalethu mine, near Carletonville, should serve as a timely reminder to the mining... 

Sandvik invests in local equipment facility, launches new low-profile load haul dumpers

Mining equipment and services provider Sandvik Mining and Rock Technology last week officially opened its new R15-million production unit in Boksburg. The opening of the new 1 500 m2 facility,... 

Charl Groenewald

This week Mining Weekly features Charl Groenewald, the customer support executive of Barloworld Equipment Southern Africa, the Caterpillar dealer for Southern Africa, Iberia, Siberia and Russia Far... 

Metso showcases ongoing commitment to servicing South African mining sector

This year marks 60 years since global engineering and technology corporation Metso's factory in Vereeniging was established. The factory became part of the Metso group in 1970 and has played "a... 

Pan African’s tailings retreatment project set to boost Mpumalanga economy

Government, trade unions and traditional leadership have heaped praise on South African precious metals miner Pan African Resources for the development of its R1.7-billion Elikhulu tailings... 

De Beers’ marine mining unit assessing feasibility of digital transformation

Diamond company De Beers’ marine mining division is currently running a pilot project to assess the feasibility of implementing digital transformation and thereby ensuring optimal operational... 

FIFTY NOT OUT

This year marks the fiftieth anniversary of the first 22 ct gold bullion Krugerrand, which was produced on July 3, 1967. Since its launch, more than 53-million ounces of gold, or over 60-million... 

Krugerrand dealers no longer required to be members of association

The Competition Commission and precious metal smelting and refining complex Rand Refinery have agreed that dealers of Krugerrands no longer have to be members of the South African Association of... 

Assore posts record headline earnings

Mining investment holding company Assore achieved a 199% increase in headline earnings to R5.2-billion for the financial year to June 30, compared with R1.7-billion in the previous year.... 

Jeffrey Christian

This week we feature Jeffrey Christian, the managing partner of CPM Group, a commodities market research, consulting, financial advisory and asset management firm 

Sandvik unveils new R15m local production facility, launches new LHD line

Mining equipment and services provider Sandvik Mining and Rock Technology on Tuesday officially opened its new R15-million production unit in Boksburg. The opening of the new 1 500 m2 facility,... 

Fatalities serve to remind industry of necessity to achieve zero harm – DMR

The recent spike in fatalities at South African mines, with the most recent occurring at Harmony Gold’s Kusasalethu mine, near Carletonville, should serve as a timely reminder to the mining... 

Company showcasing opportunities that exist for local manufacturers

South African amenities manufacturing company The Bespoke Amenities Company (TBAC) is striving to be an example of what is possible, if local companies are willing to invest in local manufacturing... 

Council for Geoscience appoints new CEO

The Council for Geoscience (CGS) has appointed Mosa Mabuza as its new CEO. The position was previously held by Simon Sikhosana until his retirement in November 2016. Mabuza was subsequently... 

Metso invests €1m in factories to improve production, safety levels

The capacity of diversified engineering group Metso’s Tampere factories, in Finland will be increased and occupational safety improved with the new production line for Lokotrack mobile crushing... 

SA coal sector ‘rapidly falling behind’ in safety practices

The South African coal mining industry continues to push back on safe practices, states Australian mining-refuge chamber manufacturer MineArc Systems. The company says that although there is plenty... 

London joins global Young Mining Professionals network

The Young Mining Professionals (YMP) has launched its latest chapter in London, in the UK and aims to leverage the UK’s location as a “global hub for mining and finance” to provide opportunities... 

Charles Fourie

This week we feature Charles Fourie, the CEO of Quaestec Gold Africa, a 650-employee mineral resource development company with assets worth $43-million 

Krugerrand dealers no longer required to be members of SAAND

The Competition Commission and precious metal smelting and refining complex Rand Refinery have agreed that dealers of Krugerrands no longer have to be members of the South African Association of... 

Assore posts record headline earnings of R5.2bn as commodity prices rebound

Mining investment holding company Assore achieved a 199% increase in headline earnings to R5.2-billion for the financial year to June 30, compared with R1.7-billion in the previous year.... 

Commodity price improvement drives Glencore’s earnings

Diversified mining and marketing company Glencore said “extensive efforts” to reposition its balance sheet and propel the company’s industrial asset portfolio improvements over the last two years... 

Hotel group moves to integrate bamboo products into facilities

Bamboo producer and products supplier EcoPlanet Bamboo and hotel group Mantis Collection have signed a memorandum of understanding which could have “far-reaching benefits for the environment and... 

$70m already spent at $134m DRC tin project

Tin exploration and development company Alphamin Resources is nearing completion of the boxcut at its 9 900 t/y Bisie tin project, in North Kivu, in the Democratic Republic of Congo (DRC). Alphamin... 

Forum welcomes adoption of mercury convention

The Intergovernmental Forum on Mining, Metals, Minerals and Sustainable Development (IGF) has welcomed the “successful adoption” of the Minamata Convention on Mercury, which came into force on... 

2017 to be best year for Krugerrand sales since 1980s, says Rand Refiney

Increased demand for gold has supported sales of the gold bullion Krugerrands and this year is predicted to yield the highest sales since the 1980s, with an expected 15% to 20% increase on the... 

Central African Republic, South Africa ink mineral development MoU

A memorandum of understanding (MoU) between the Central African Republic (CAR) and South Africa has been entered into based on “friendship and common interests” to cooperate on mineral and upstream... 

Explorer overcomes funding crunch, targeting first gold pour at Mali project by year-end

It is common knowledge that securing investment for exploration projects, particularly for junior operators, has been “extremely challenging”, owing to the current tepid global economic climate and... 

Bentley Systems releases update for AutoPIPE Connect edition

Global infrastructure software manufacturer Bentley Systems has released the most recent update of its AutoPIPE Connect edition, which supports ASME B31J piping code document calculations. AutoPIPE... 

Billions in investment to propel Zambia’s Mopani mine into costs ‘premier league’

“Like a sports team, Mopani copper mine, in Kitwe, Zambia is near the bottom of the league and needs to improve its ranking to avoid relegation or closure,” says diversified mining major Glencore’s...