R/€ = 15.23Change: 0.02
R/$ = 14.39Change: 0.00
Au 1053.38 $/ozChange: -4.50
Pt 825.50 $/ozChange: -10.00
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?

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 Tenders Suppliers Directory Research Jobs Announcements Letters About Us
RSS Feed
Article   Comments   Other News   Research   Magazine  
Apr 04, 2008

On-The-Air (04/04/2008)

On-The-Air 04 April 2008
DRC|Engineering|Africa|CoAL|Diamonds|Eskom|Exploration|Mining|Namibia|Nuclear|Africa|Democratic Republic Of Congo|DRC|Power
DRC|Engineering|Africa|CoAL|Diamonds|Eskom|Exploration|Mining|Namibia|Nuclear|Africa|Democratic Republic Of Congo|DRC|Power
© Reuse this

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

Phaahla: New Chamber of Mines president Sipho Nkosi this week declared South Africa to be in the midst of a “national skills crisis” of alarming proportions.

Creamer: Yes, the new Chamber of Mines president Sipho Nkosi has said that we must put a very big spotlight on our skills and he has declared this a national crisis. Of course, Nkosi is also big, he is head of the biggest coal producing company in South Africa Exxaro. It is also the biggest black controlled company in South Africa and he says the problems are real.

People are emigrating. It has got so bad that a Canadian company even put a stall right outside the gate of Exxaro’s flagship coal mine, Grootegeluk, and was actually recruiting their staff in front of their very eyes. We have seen Sunday newspapers of people queuing up to go to Australian expos.

We have even seen a feature on emigration. This is hammering South Africa’s mining industry and also our whole economy. Nkosi is wanting to put a very big spotlight on it and he is wanting action, because he says the time for talk is over and there is a time now to start linking the dots that we haven’t been doing and coordinating.

We see that we can dip into our big talent pool and I’m calling it a talent pool because we have many people unemployed in South Africa. We have to turn that talent into skill and we need to see how it has been done in other countries. We saw how China could convert 80 000 in a very coordinated scheme into skilled people.

They brought in 3 000 professors from outside and they put these technical skills into people in six-week blocks and over a three year period they produced 80 000 skilled people. That is what we need to do in South Africa, because we have a mining boom, but we don’t have the skills.

Phaahla: Metals mined in the Democratic Republic of Congo (DRC) in the spot light.

Creamer: We are talking about ‘blood metals’ here. We have known about ‘blood diamonds’, there is even a film on ‘blood diamonds’ and we have seen that the diamond industry has come in and stamped that out with the Kimberley Process.

Now we have a similar need in the Congo and the Germans are stepping in firmly to stop ‘blood metals’ and in particular ‘blood’ coltan. Coltan is the columbite-tantalite rare metal that we find in the chips of our cellphones and iPods. It can be the cause of death and destruction because of the patchwork of war zones that still exist in the northeast of the DRC.

The Germans have come in and they have said that they need to certify coltan in the same that they have certified diamonds, to ensure that people with ill intentions do not get their hands on this metal.

So, they moved in to the DRC this week and started doing their recce in order to ensure that we have ‘clean’ metal, particularly clean coltan, coming out of the DRC.

Phaahla: Namibia has a new status.

Creamer: We are talking about Namibia stamping itself as South Africa’s uranium Mecca. It now has five uranium companies listed on the Namibian Stock Exchange with a market capitalisation of nearly N$8-billion in this trillion dollar stock exchange. These are coming in at a fairly early stage.

A lot of them in an exploration stage, but it has given the people of Namibia an opportunity to buy in now at the right level, because we know that uranium has got an incredible future because of the nuclear power demand. We know that even South Africa is looking at many more nuclear power stations besides its Koeberg.

Eskom is talking about using ten times more uranium and right on our door step now we have got Namibia, which is stamping itself as the uranium Mecca. Very justifiably so we saw the Australians going in where South Africans were fast asleep and snapping up assets, particularly Paladin, which has secured the old Langer Heinrich mine for next to nothing and is now developing uranium there.

This week Bannerman of Australia become the fifth company to lists its company on the Namibian Stock Exchange as a uranium exploration play. In South Africa we have not had such good fortune and we have seen that AngloGold Ashanti, as a supplier of uranium, has had to declare a force majeure and we have seen Uranium One’s shares plummet after they had mining problems at the Dominion mine in Klerksdorp, but in Namibia, there is far more stability, and the country is positioning itself well on the uranium front.

Phaahla: 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 (150 word limit)
Other SAFM
Latest News
French conglomerate Bollore may have to halt work on the Niger to Benin section of its giant West Africa rail project after a rival company won a court order to stop it going ahead. The dispute concerns rival rail schemes in the area.
A week ahead of the second annual gathering of the Forum on China–Africa Cooperation (Focac), in Johannesburg, the JSE is rolling out the proverbial red carpet for Chinese investors looking to Africa’s largest bourse for possible investment opportunities, calling...
The South African National Roads Agency Limited (Sanral) applied for leave to appeal on Friday against the Western Cape High Court judgment that set aside the approvals that would enable it to toll sections of the N1 and N2 freeways in Cape Town. This prompted the...
Recent Research Reports
Water 2015: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2015 Report considers the aforementioned issues, not only in the South African context but also in the African and global context in terms of supply and demand, water stress and insecurity, and access to water and sanitation, besides others.
Input Sector Review: Pumps 2015 (PDF Report)
Creamer Media’s 2015 Input Sector Review on Pumps provides an overview of South Africa’s pumps industry with particular focus on pump manufacture and supply, aftermarket services, marketing strategies, local and export demand, imports, sector support, investment...
Liquid Fuels 2015: A review of South Africa's liquid fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2015 Report examines these issues in the context of South Africa’s business environment; oil and gas exploration; fuel pricing; the development of the country’s biofuels industry; the logistics of transporting liquid fuels; and...
Road and Rail 2015: A review of South Africa's road and rail sectors (PDF Report)
Creamer Media’s Road and Rail 2015 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 infrastructure and network, the funding and maintenance of these respective networks, and...
Defence 2015: A review of South Africa's defence sector (PDF Report)
Creamer Media’s Coal 2015 report examines South Africa’s coal industry with regards to the business environment, the key participants in the sector, local demand, export sales and coal logistics, projects being undertaken by the large and smaller participants in the...
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
This Week's Magazine
The BMW Group will invest R6-billion at BMW Group South Africa’s (BMW SA’s) Rosslyn plant to produce the next-generation X3 sports-activity vehicle (SAV) for the local and export markets. Rosslyn will continue production of the current 3 Series through its lifecycle,...
The lack of consequences for poor performance and transgressions on the part of contractors remains a significant hurdle to tackling South Africa’s service delivery challenges, delegates heard at the Consulting Engineers South Africa Infrastructure Indaba, on...
City of Ekurhuleni executive mayor Mondli Gungubele earlier this month officially named the city’s bus rapid transit (BRT) system, Harambee.
NICK CHRISTODOULOU As about 58% of data stored by organisations is dark, they must identify this dark data to expose risks and valuable information
About 58% of unstructured data stored by companies is dark data, which means that the value or regulatory importance of the data has not been determined. Subsequently, most of the stored data add costs, rather than increasing revenue or reduce regulatory risks, says...
BRIAN VERWEY Effective management, review and administration of non-core elements can improve business operations and increase revenue and decrease unforeseen risks
Effective logistics, import/export and manufacturing consulting services require detailed industry knowledge and experience, but can add significant value to these industries by providing expert advice on various technical elements in their value chains, says...
Alert Close
Embed Code Close
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
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96