Dec 04, 2009
GABORONE|Johannesburg|Mumbai|TEL-AVIV|Engineering News|Eskom|Mining Weekly|South Africa|ZAR|Grootegeluk Coal Mine|Kolomela Mine|Medupi Power Station|Sishen Mine|Northern Cape|Martin Creamer|Tim Modise|Engineering News
© Reuse this
Modise: A brand new iron-ore mine is giving South Africa's Northern Cape a multi-billion-rand boost.
Creamer: The new Kolomela mine is coming into action in the Northern Cape, which is being done by Kumba Iron Ore, close to Posmasburg. You can see, with the R8,5-billion being injected in there, what it is doing to the area.
This mine will produce about nine-million tons of iron-ore from the first half of 2012 and every last ton will be sold on the export market. The State-owned Transnet is setting up the rail spur there so that they can link to the big Sishen-Saldanha line. Of course, Kolomela is close to the big Sishen mine about 70 km away.
This will be a mine with three separate pits that will be developed there and one of the things they found as they start working on the mine there is that not very deep is a lot of water, which is quite surprising when one is in such a dry area.
But, there is a lot of water there and they are going to make sure that this is not lost and they are already starting to pipe it into the surrounding towns and offering it to farmers. So a lot of spin-offs there from the new Kolomela iron-ore mine in the Northern Cape.
Modise: Massive investment is earmarked for South Africa's coal-rich Waterberg region.
Creamer: Yes, the Waterberg region is really buzzing. You can imagine R124-billion going into Medupi power station alone. Then the coal mines that have to supply that now, the Grootegeluk coal mine being expanded at R9-billion in order to bring in that 14-million tons into the new proposed power station already supplying a big existing power station there.
So, plans for additional coal mines, this is a coal area and a lot is going to be around the carbon economy there. You can see that they are just waiting for the announcement for the new independent power producers and we heard Eskom talking about it this week.
This announcement is going to come through next year and once that does these operations are just on standby to create more mines there and then there will be another ten-billion-rand investors there. Sasol is there wanting to create the big Mafutha, which will be many more billions. So where ever we look there is value added to coal.
We see a new char plant going up and we see also other value added coal related activities and the big thing that is visible is housing, there is a lot of housing development going on there.
Modise: South Africa's struggling diamond industry is demanding a new deal from government.
Creamer: These days when people call for a town hall meeting then you that there are problems. The diamond industry had a town hall meeting in Johannesburg at which the miners, manufacturers and marketers all got together and there was a lot of town hall toughness and robust talking about the difficulties the industry was hit by the global meltdown.
But one of the big complaints was around South Africa's regulatory framework. They are not happy with the way the regulations after regulation after regulation effecting the diamond industry.
They want to do what is best for South Africa, but they want to speak to government at the highest level to make sure that they are on an equal footing, South Africa's diamond industry, with the other diamond industries in the world. We know that there have also been town hall meetings in Tel-Aviv, Mumbai and Gaborone.
So the diamond industry is in a mood of coming through with a renaissance at the moment and they want to, once they have gathered their case, to put it to government and look to possibly creating, at the jewellery centre in Johannesburg, a hybrid industrial development zone that will give them equal competiveness with the rest of the diamond industry around the world. This they want to bring into action next year.
Modise: 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
Updated 18 minutes ago South African cement producer PPC’s acquisition of Safika Cement, announced during August, has been unconditionally approved by the Competition Tribunal. PPC acquired a 69.3% stake in Safika for a purchase consideration of R377-million.
Updated 43 minutes ago Chilean drugmaker CFR Pharmaceuticals sweetened its cash and stock takeover offer for South Africa's Adcock Ingram to R12.8-billion, it said on Friday, to fend off a rival bid from a local firm. Santiago-based CFR initially offered R2.6-billion in cash and shares to...
Updated 4 hours ago The value of copper theft narrowed by 22% year-on-year to R9.5-million in November, however, month-on-month the value increased by R300 000, from R9.2-million in October, the South African Chamber of Commerce and Industry’s (Sacci’s) November Copper Theft...
Recent Research Reports
Defence 2013: A review of South Africa's defence industry (PDF Report)
Creamer Media’s 2013 Defence Report examines South Africa’s defence industry, with particular focus on the key players in the sector, the innovations that have come out of the defence sector, local and export demand, South Africa’s controversial...
Road and Rail 2013: A review of South Africa's road and rail infrastructure (PDF Report)
Creamer Media’s Road and Rail 2013 Report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move...
Liquid Fuels 2013 (PDF Report)
Creamer Media’s 2013 Liquid Fuels report examines South Africa’s liquid fuels market, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing,...
Projects in Progress - Second Edition (PDF Report)
Creamer Media’s second Projects in Progress supplement considers some of the major project developments under way, including high-profile energy and transport projects, as well as a few of the lower-profile public and private developments. What remains apparent is...
Water 2013: A review of South Africa’s water sector (PDF Report)
Creamer Media’s Water 2013 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Canadian Mining Roundup for June 2013 (PDF Report)
The June 2013 roundup includes details of the development of TSX-V-listed Aldridge Minerals’ flagship Yenipazar polymetallic project, in Turkey; the Canadian Nuclear Safety Commission’s renewal of Cameco’s uranium mining licence pertaining to the Cigar Lake...
This Week's Magazine
Johannesburg-based locomotive solutions provider DCD Rolling Stock officially launched Phase 1 of its R240-million recapitalisation programme at its Boksburg manufacturing facility, last month.
Sales of electric cars should pick up once more such vehicles become available on the South African market, says Nissan South Africa (SA) chief marketing manager Ross Garvie. The local arm of the Japanese car company launched the country’s first fully electric...
Denel Land Systems’ (DLS) Mechem division is successfully marketing the latest version of its highly regarded Casspir mine-protected vehicle, the Casspir NG2000 series wide body ambulance. As its description says, this has a notably wider body than standard...
The infrastructure boom in Africa has seen investment in 322 megaprojects reach $222.7-billion, says professional services firm Deloitte in its ‘African Construction Trends’ report. Deloitte Southern Africa infrastructure and capital projects leader André Pottas...
ASME, the international engineering profession’s cooperative, educational and training, research, outreach and codes and standards development organisation (originally the American Society for Mechanical Engineers, founded in 1880), is seeking to improve the...