http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.90Change: -0.02
R/$ = 12.55Change: 0.01
Au 1096.10 $/ozChange: 0.75
Pt 985.00 $/ozChange: 2.00
 
 
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 Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Jun 13, 2013

UMK becomes South Africa's mining success story

Back
UMK becomes South Africa's mining success story (Real Economy Report 250)
 
 
 
Johannesburg|Africa|Barclays|Defence|Denel|Industrial|Majestic Silver Trading|Mining|Renova Manganese Investment|Resources|Sustainable|Systems|UMK|Africa|China|Russia|South Africa|Kalahari Mine|UMK Mine|Energy|Operations Infrastructure|Systems|Kalahari|Alan Walker|Infrastructure|Kevin Norrish|Konstantin Sadovnik|Lazarus Mbethe|Natasha Odendaal|Riaz Saloojee|Operations
|Africa|Defence|Denel|Industrial|Mining|Resources|Sustainable|Systems||Africa|||Energy|Systems||Infrastructure||Operations
johannesburg|africa-company|barclays|defence|denel|industrial|majestic-silver-trading|mining|renova-manganese-investment|resources|sustainable|systems-company|umk|africa|china|russia|south-africa|kalahari-mine|umk-mine|energy|operations-infrastructure|systems|kalahari|alan-walker|infrastructure|kevin-norrish|konstantin-sadovnik|lazarus-mbethe|natasha-odendaal|riaz-saloojee|operations
© Reuse this

From Creamer Media in Johannesburg, this is the Real Economy Report.
The United Manganese of Kalahari mine, or UMK, has become a real South African success story after it unveiled its newly built offices and warehouse. This was the last infrastructure required for UMK to become a fully operational mine. Natasha Odendaal has the story.

Natasha Odendaal:
The R1.2-billion UMK mine, a joint-venture between Russia-based Renova Manganese Investment and consortium Majestic Silver Trading, has become the world’s third-largest producing manganese mine after completing the operations infrastructure last year.

The group ramped up ore production from 1.5-million tonnes in 2010, to over to over 2.7-million tonnes last year, and the company believed that it could ultimately reach 4-million tonnes a year.

Chairperson Lazarus Mbethe and Renova COO for African operations Konstantin Sadovnik tell us more.

UMK chairperson Lazarus Mbethe     

Renova COO for African operations Konstantin Sadovnik

Shannon de Ryhove:
Other news making headlines this week: Denel hopes its R21-billion order book will reduce its reliance on State funding; China’s economic shift isn’t necessarily bad news for all commodities; and a R400-million environmentally-friendly store is opened in Gauteng.

State-owned defence industrial group Denel hopes that its R21-billion order book for the next six to eight years will enable it to become self-sustainable over the longer term and to avoid further financial dependence on the fiscus.

Denel CEO Riaz Saloojee

New research by Barclays indicates that not all commodities will lose out should China succeed in changing its growth model from one based on resources-intensive infrastructure investment towards one supported by higher levels of domestic consumption.

Barclays commodities research MD Kevin Norrish

South African retailer Massmart opened a R400-million environmentally-friendly Makro store in Alberton, in the south of Johannesburg, as part of its new-generation stores, incorporating technologies such as energy efficient refrigeration and climate-control systems to improve the stores’ overall resource efficiency.

Makro store development manager Alan Walker

That’s Creamer Media’s Real Economy Report. Join us again next week for more news and insight into South Africa’s real economy.

Edited by: Shannon de Ryhove
Creamer Media Senior Deputy Editor Polity & Multimedia
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Real Economy Report
More
 
 
Latest News
Transnet National Ports Authority CIO Mmutle Lentle
State-owned enterprise Transnet National Ports Authority’s (TNPA’s) new Web-based integrated port management system (IPMS) went live on July 26 at the Port of Durban, with crude oil tanker Colorado being the first vessel to be brought into the port using the new...
South Africa’s automotive industry is not in crisis – but there is a very real danger that inertia could see it regress into lightweight assembly rather than claim its place as a globally competitive vehicle manufacturer. Speaking at the National Localisation Indaba,...
Ahead of the start of construction of the Gibela Rail Transport Consortium’s R1-billion modern manufacturing facility and ancillary supplier business park, in Dunnottar, on the East Rand, the company gathered in excess of 450 aspiring contractors at a sector-specific...
More
 
 
Recent Research Reports
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,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Construction 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Electricity 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Road and Rail 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
 
 
 
 
 
This Week's Magazine
Meyerton-based steel tank manufacturer Structa Technology is currently rolling out a water infrastructure build programme that supports local municipalities, water utilities, schools, hospitals and clinics. As a member of the Structa Group, Structa Technology proudly...
Alternative funding models could be expected to begin coming to the fore in South Africa’s renewable-energy sector as the market becomes more competitive and domestic development finance institutions (DFIs) begin scaling back their direct involvement in projects....
DIMITRI MARKOULIDES An innovation champion must involve employees in innovation projects and keep them updated to enable them to support and drive innovation and create the future of the business
An innovation champion course that trains executives to manage innovation in their organisations aims to help companies grow revenue streams and tap new markets, says business change management consultancy BMGI South Africa innovation practice lead Dimitri...
Future digital workplaces will require employees to continuously learn new “literacies”, including new media, information and technical skills, to help their company thrive and spur personal growth. Information technology (IT) research firm Gartner, thus, suggests...
Only 25% of large construction projects surveyed in KPMG’s Global Construction Project Owner’s Survey, released in June, were concluded on time and within budget over the last three years. “Every project owner wants predictability when it comes to large projects, and...
 
 
 
 
 
 
 
 
 
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
Subscribe Now for $96 Close
Subscribe Now for $96