http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.15Change: -0.02
R/$ = 10.52Change: -0.02
Au 1304.65 $/ozChange: 0.45
Pt 1481.50 $/ozChange: 0.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Jun 01, 2012

01/06/2012 (On-The-Air)

Back
SAFM_010612
Buffalo|Engineering|Gold|Pretoria|SECURITY|Africa|Bonaparte|CoAL|Engineering News|Gwala|Johannesburg Stock Exchange|Marine|Mining Weekly|Resources|Security|SepFluor|Swakopmunt Matters|UCL Resources|Water|Africa|America|Australia|China|Germany|Mexico|Namibia|South Africa|United States|USD|Security|Chemical Hubs|Fluorspar Start-up|Mining|Security|Start-up|Transport|ASX|AIDS|HIV|Injuries|Diamonds|Environmental|Infrastructure|Martin Creamer|Mike Woodbourne|Security|Susan Shabangu|Water|Proximity|Engineering News|Life-saving Technology|People-to-vehicle Proximity Detection Technology
Engineering|Gold|SECURITY|Africa|CoAL|Marine|Resources|Security|Water|Africa||||Security|Mining|Security|Transport|||Diamonds|Environmental|Infrastructure|Security|Water|Proximity||
buffalo|engineering|gold|pretoria|security|africa-company|bonaparte|coal|engineering-news|gwala|johannesburg-stock-exchange|marine|mining-weekly-company|resources|security-company|sepfluor|swakopmunt-matters|ucl-resources|water-company|africa|america|australia-country|china|germany|mexico|namibia|south-africa|united-states|usd|security-facility|chemical-hubs|fluorspar-start-up|mining|security-industry-term|startup|transport-industry-term|asx-market-index|aids|hiv|injuries|diamonds|environmental|infrastructure|martin-creamer|mike-woodbourne|security-person|susan-shabangu|water|proximity|engineering-news-published-medium|lifesaving-technology-technology|people-to-vehicle-proximity-detection-technology-technology
© Reuse this



Every Friday morning, SAfm’s AMLive’s radio anchor Xolani Gwala speaks to Martin Creamer, publishing editor of Engineering News and Mining Weekly. Reported here is this Friday’s At the Coalface transcript:

Gwala: A new fluorspar start-up is the third mining company to nail its beneficiation colours firmly to its business mast. What is this Martin?

Creamer: Politicians have been pleading for long now, beneficiate, add value and often it has been falling of deaf ears. But you see a lot of these start-ups, and we have had three recently, just going for the idea of beneficiation, not just mining.

Now, South Africans don’t know much about fluorspar, but there is a lot to know about it because it really spreads into our daily lives, its in toothpastes, medicines, refrigerants and all over the place. We’ve got the biggest reserves of fluorspar in the world.

We are bigger then Mexico and China. Suddenly this start-up, SepFluor, which is part of Sephaku, which is about 40% black-shareholding, they’ve moved in strongly into this fluorspar arena and they’ve opened up right next to a Spanish owned mine. In South Africa you will find the foreigners are mining our fluorspar mines.

The Spanish have got the biggest with Vergenoeg, the English have got Buffalo and Witkop and we have even got the Kazakhstanis in here at Doornkop. South Africa is saying now let’s not only play in this mining market, which is about $2-billion a year, but let’s get in the bigger $100-billion of actually adding value to this. In other words, creating fluorochemicals.

We see SepFluor, which is going to list on the Johannesburg Stock Exchange before 28 March 2013, because they have to because of the Sephaku unbundling, they are now working on a mine in Rust de Winter, just 80 km north of Pretoria.

I went and walked on their paydirt there, the rocks that contain flourspar. Then, 50km away, they want to actually build up a fluorochemicals hub in Ekandustria, Bronkhorstspruit.

We know that the State in South Africa has actually been creating an added value for fluorspar for some time at Pelchem, the State-owned Pelchem, has been producing hydrogen fluoride, which they use also for their own medical businesses.

Now, we see that South Africans are finding the uses and derivatives of this fluorspar that we’ve got in our ground is so widespread. They’ve travelled to the chemical hubs in Germany and seen the potential. Even in antiretroviral medicines for HIV and AIDS they use fluorine.

They are quite anxious to get moving on this and they’ve gone to all the developmental institutions and are raising the R2.1-billion initial capital. When they go to the JSE they might even not capital raise because by that stage they might have set up the foundations of the business.

Gwala: An Australian company is preparing to mine phosphates off Namibia’s ocean floor.

Creamer: Mining is hard enough on land, now they want to go and mine the sea. The Namibian Marine Phosphates, the shareholders are mainly Australian mine-makers listed on the ASX in Australia and also UCL Resources, with a 15% Namibian shareholding.

They say it is much easier to do it at the sea, because you don’t have to sink any shaft and it is not like an opencast mine where you have got to remove all the overburden before you get to the orebody.

They are going to have a dredger that will trail an arm behind it, stir-up this very lose unconsolidated phosphate. We know how important phosphate is in the world at the moment.

We have got food security issues and you need that phosphate for the fertilisers. Bones develop from this, so it is an absolutely essential ingredient. They are saying that they can suck this up using the normal dredging methods and sort of semi-process it on the ship and then do further processing onshore.

They are talking about also beneficiating phosphates into phosacid and things like that. Of course, they have got to get over some of the environmental hurdles. But, we know that De Beers has been mining those seas for diamonds for sometime and these fellows say they will be less harsh on the environment, because they won’t actually mine to bedrock.

They will leave a sediment so that the ocean life can continue in that habitat. Environmentalist are pressurising them at the moment particularly the lobby group Swakopmunt Matters, they are making sure that they are getting all the answers.

They have got to go through the environmental hurdles. In the meantime they are looking at an initial investment of US$326-million at a time where the phosphate price is around $145 to $200 per ton depending on the quality.

So, quite a strong price for phosphates, because the world knows this is linked to directly to food and food is a security issue and the Australians moving in ahead of the South Africans.

But, behind it all, and you normally find that with these Australian companies, will be a South African and the head of Bonaparte, the original company that started to look at phosphate mining in Namibia on the ocean floor is Mike Woodbourne, of course, a South African.

Gwala: Somebody once said that if you go to some of these companies board meetings, you find people speaking in Afrikaans in Australia.

US legislators have visited Sasol’s mines in South Africa to view new life-saving technology for dangerous underground mines.

Creamer: It is interesting, we have so many deaths and injuries in our mines that it is good that some solid work is being done on life-saving technology.

Sasol Mining actually realised that they have so many people knocked-over by shuttle cars in underground mines that they put out a specification on how they can make it more safe. Now they have got this new people-to-vehicle proximity detection technology. It actually stops the shuttle cars in their tracks if they are moving too close to personnel.

This has already had a major impact to such an extent that US legislators have come out to Sasol Mining operations to have a look at this. They are intent on enforcing this by law in mines in the United States. In fact, our own Department of Mineral Resources are looking at possibly enforcing this by law.

We didn’t have anyone in South Africa who could actually do the technology exercise, so Sasol Mining put out the spec and a small US company did the initial work to make sure if these shuttle cars are moving and they are going to hit someone over, they actually automatically stop because of an electromagnetic field that they put out and its linked to miners’ caplamps and then it just stops the vehicle in its tracks.

This small company, has actually sold to a bigger company Strata and again I say there is always a South African behind things, because behind this Strata company is a South African who has been living in America for 20-years and now he is lobbying for US legislators to legislate this in the United States, which will have a big impact on the market, because there will be such a huge demand.

If it happens here as well it will also be quite big business for this company. I see one of the gold companies, AngloGold Ashanti, is already rolling out 600 of these units that stop these moving vehicles from hitting anyone over underground.

Sasol Mining itself is spending R14-million at the moment not on growth in the Secunda area, because it won’t grow its mining in Secunda, but to replace mines.

You can see big replacement coming through and Susan Shabangu, the Minister of Mineral Resources, was out there opening a new R3.5-billion replacement shaft and there are going to be two more coming up in Sasol.

But the growth for Sasol in the future will be in the Waterberg where they have applied for a mining licence. Hopefully they will go ahead with more fuel from coal operations, because it saves us a lot in foreign exchange, we don’t have to import that crude oil of what they supply here.

But they are saying that are marking time still until the government comes through with a regulatory framework around carbon capture and storage and also carbon tax, which is holding things up at the moment.

Gwala: The Waterberg region is also the region where government has announced quite a lot of investment in infrastructure.

Creamer: And they are waiting for water and transport infrastructure as well.

Gwala: Thanks very much. Martin Creamer is publishing editor of Engineering News and Mining Weekly, he’ll be back with us at the same time next week.

Edited by: Creamer Media Reporter
© Reuse this Comment Guidelines
 
 
 
 
 
 
 
 
Other SAFM
More
 
 
Latest News
Updated 7 hours ago President Jacob Zuma announced the composition on Wednesday of the ‘Energy Security Cabinet Sub-Committee’, which he said would oversee the development of South Africa’s future energy mix. Delivering his Budget Vote in the National Assembly, Zuma said the...
Cesa CEO Lefadi Makibinyane
Updated 7 hours ago Consulting Engineers South Africa (Cesa) on Wednesday stated that it welcomed government’s move to lead municipalities back to basics and to put in place institutional mechanisms to enable them to deliver core municipal services, as announced by Cooperative...
Updated 7 hours ago JSE-listed construction firm Group Five on Wednesday announced that it expected its fully diluted headline earnings per share (HEPS) for the year ended June 30 to be between 20% and 30% higher, at 382c to 414c, than the fully-diluted HEPS of 318c achieved during the...
More
 
 
Recent Research Reports
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
Real Economy Insight: Steel 2014 (PDF Report)
This four-page brief covers key developments in the steel industry over the past 12 months. It provides an overview of the global and South African steel and stainless steel markets, South Africa’s major steel producers and events that have shaped these markets.
 
 
 
 
 
This Week's Magazine
Local aerospace company Denel Aerostructures (DAe), part of the State-owned Denel Group, has won a fourth contract to manufacture parts for the Airbus A400M military air transport and air-to-air refuelling aircraft. The new contract, which was won in an international...
Bob Skinstad
Although CEO Mark McChlery and chief marketing officer Bob Skinstad likened themselves to children in a playground when taking on the task of “reengineering and repositioning” the Seartec brand, the “young, dynamic and enthusiastic guys” were like proud...
An increasing number of buyers, in both the new and used car markets, are opting for finance structures that lower their monthly repayments, says asset financing company WesBank. These include the use of large balloon payments (also known as residuals), as well as...
Tertiary education institutions can use search engine giant Google’s Chromebook to provide secure mobile end-point devices for students on which they can share documents, work collaboratively on documents and access education materials and applications being used...
Local ceiling and partition company Abbeycon has beaten global competition at the Saint-Gobain Gypsum International Trophy competition, which was held last month in Berlin, Germany.
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks