http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.35Change: -0.04
R/$ = 11.18Change: -0.11
Au 1217.35 $/ozChange: 0.32
Pt 1330.00 $/ozChange: -5.00
 
 
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 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)
UMK becomes South Africa's mining success story
UMK becomes South Africa's mining success story
media
 
previous next
Johannesburg|Africa|Barclays|Defence|Denel|Industrial|Majestic Silver Trading|Renova Manganese Investment|Resources|Systems|UMK|Africa|China|Russia|South Africa|Kalahari Mine|UMK Mine|Energy|Mining|Operations Infrastructure|Systems|Kalahari|Alan Walker|Infrastructure|Kevin Norrish|Konstantin Sadovnik|Lazarus Mbethe|Natasha Odendaal|Riaz Saloojee
|Africa|Defence|Denel|Industrial|Resources|Systems||Africa|||Energy|Mining|Systems||Infrastructure|
johannesburg|africa-company|barclays|defence|denel|industrial|majestic-silver-trading|renova-manganese-investment|resources|systems-company|umk|africa|china|russia|south-africa|kalahari-mine|umk-mine|energy|mining|operations-infrastructure|systems|kalahari|alan-walker|infrastructure|kevin-norrish|konstantin-sadovnik|lazarus-mbethe|natasha-odendaal|riaz-saloojee
© 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
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Real Economy Report
More
 
 
Latest News
Updated 13 minutes ago  South Africa signed a $10-billion nuclear power cooperation deal with Russia on Monday that paves the way for the building of up to 9.6 GW of nuclear power based on Russian technology by 2030, both sides said. The surprise announcement from the sidelines of a...
Updated 2 hours 38 minutes ago A series of unfortunate events led to Johannesburg and surrounding areas experiencing significant water shortages over the past week, City of Johannesburg mayoral committee member for development planning and urban management Roslynn Greeff said at a media briefing...
Updated 3 hours ago Based on reports submitted to National Treasury, municipalities owe water boards some R2-billion, Cooperative Governance and Traditional Affairs Minister Pravin Gordhan revealed in a written response to a Parliamentary question on Monday. Municipalities in the Free...
More
 
 
Recent Research Reports
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 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 road...
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.
 
 
 
 
 
This Week's Magazine
MANUFACTURING CAPABILITY Reliable Transformers designs and manufactures dry-type and oil-filled power and distribution transformers up to 3.5 MVA
While Ekurhuleni-based transformer manufacturer Reliable Transformers currently designs, manufactures and tests its products according to the SANS 780 specifications for distribution transformers and other applicable transformer specifications, it is working towards...
GHAREEB SAAD Kaspersky Lab products contain strong heuristics engines that monitor suspicious file execution to detect attacks
Global endpoint security solutions company Kaspersky Lab has introduced new measures to prevent cyber criminals from accessing sensitive data, alongside its malware-signature and heuristic device analysis detection methods. Threats to mobile devices have increased...
MICHAEL FLETCHER Real-time information available to government when citizens use publicly funded Wi-Fi networks will enable it to communicate with citizens and provide services
To ensure uptake and a positive impact, Wireless Fidelity (Wi-Fi) networks in cities must be provided at schools, community centres and commercial centres to enable citizens and government to access information that will improve access to and delivery of services....
Eco-estate Monaghan Farm, located near Lanseria airport, north-west of Johannesburg, has taken a new approach to modern living and sustainability with its 517 ha development, dedicated to farm living.
Forklift and lift-truck distributor Goscor Lift Hi-Reach launched the Genie SX-180, the tallest self-propelled super boom in Africa, in Johannesburg last month. “As the official distributor of the well-known Genie range of equipment in Southern Africa, we are pleased...
 
 
 
 
 
 
 
 
 
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