From Creamer Media in Johannesburg, this is the Real Economy Report.
Local pump and rock drill manufacturer Scamont Engineering has launched new rock drill systems to significantly increase mining extraction volumes and improve safety levels for operators. Ilan Solomons has the story.
Ilan Solomons:
The Shova rock drill systems are new semi-mechanised rock drill technologies suitable for applications across all hard rock mining environments, such as ultra-low stoping widths, as well as gully and development end applications. Scamont Engineering director Ross Williams explains more.
Scamont Engineering director Ross Williams:
Ilan Solomons:
Williams also highlights that the face advance provides for easy, fast collaring, thereby ensuring on-mark drilling for rock drill operators. He further points out other advantages of using the system.
Scamont Engineering director Ross Williams:
Ilan Solomons:
Williams outline Scamont’s vision and plan for the future to enable it to cater to needs of its customers.
Scamont Engineering director Ross Williams:
Other news making headlines this week:
Investors slam skewed incentivisation of mining top brass
And, Chinese multinational launches in style
Regarding Capital Management chairperson Piet Viljoen
Shareholders are not making money due to the skewed way in which mining top brass are incentivised.
GM Niletrac (XCMG distributor) Matt Duane
Chinese multinational heavy machinery manufacturing company XCMG held its opening ceremony at BAUMA CONEXPO AFRICA 2015, after having officially launched into the South African market in August 2014.
Sashnee Moodley:
That’s Creamer Media’s Real Economy Report. Join us again next week for more news and insight into South Africa’s real economy.