R/€ = 15.82 Change: 0.05
R/$ = 13.26 Change: 0.03
Au 1297.29 $/oz Change: 2.55
Pt 933.00 $/oz Change: 0.00


Tharisa transitions to owner mining, absorbs 900 contractor personnel

By: Martin Creamer     22nd September 2017 Platinum group metal (PGM) and chrome co-producer Tharisa Minerals on Friday announced the unconditional purchase of mining equipment from MCC Contracts as part of its switch to owner mining, which includes the employment of 900 MCC employees, effective from October 1.  The company, which has... 

Zinc darling Trevali poised for further organic, M&A growth as prices climb

By: Henry Lazenby     22nd September 2017 Following the recent $400-million acquisition of a portfolio of zinc assets from mining major Glencore, Vancouver-headquartered Trevali Mining has become the go-to investment vehicle for investors keen to get in on rising zinc prices. Supported by strong fundamentals, including a growing supply... 

Kariba dam rehabilitation project, Zambia

By: Sheila Barradas     22nd September 2017 Zambezi River Authority is rehabilitating the Kariba dam to ensure its longevity. 

Black Butte advances further – Sandfire

By: Esmarie Swanepoel     20th September 2017 ASX-listed Sandfire Resources has overcome another development hurdle at its Black Butte project, in Montana, after it was issued a draft operating permit for the copper project. The Montana Department of Environmental Quality now considers the project to be "complete and compliant" in... 

Building prospects in doldrums despite slight confidence uptick

By: News24Wire      19th September 2017 Sixty percent of respondents in a recent survey indicated that they are not happy with current business conditions. After declining by 11 points in the second quarter of 2017, the FNB/BER Building Confidence Index improved by 3 index points to 35 in the third quarter of the year. The uptick was... 

Rockwell perplexed as BRP opts to place 3 subsidiaries into liquidation, despite possible offer

By: Henry Lazenby     18th September 2017 Canadian alluvial diamond miner Rockwell Diamonds remains in the dark as to why business rescue practitioner (BRP) Metis Strategic Advisors had chosen to file a motion in the Kimberley High Court, on Thursday, to place the company's three subsidiaries back in provisional liquidation, when a... 

Lesotho’s Letšeng mine recovers several 100-ct-plus diamonds, expects trend to continue

By: Ilan Solomons     15th September 2017 The Letšeng diamond mine, in Lesotho, recovered several diamonds larger than 100 ct during the first half of 2017, with LSE-listed diamond miner Gem Diamonds upbeat that this trend will continue for the remainder of the year. These gems include the 114.38 ct Type II, the 126 ct D-colour Type IIa... 

Company expands into the US

     15th September 2017 This year, rope and lifting technology specialist The PFEIFER Group’s opened another branch office in the US, in Houston, Texas, which will see the rope and lifting technology specialist continue to grow its business in conjunction with the group’s other US existing branch, which was launched in... 

WBHO upbeat about UK market potential following Byrne acquisition

By: Irma Venter     15th September 2017 A problematic Australian contract and a payment in accordance with a settlement agreement between government and the local construction sector following an investigation into collusion have seen profits slip at JSE-listed construction group Wilson Bayly Holmes-Ovcon (WBHO). The group earlier this... 

Metro awards Bauxite Hills contract

By: Esmarie Swanepoel     14th September 2017 Bauxite developer Metro Mining has awarded a mining contract at its Bauxite Hills mine, in Queensland, to contractor SAB Mining. Mine construction at Bauxite Hills started in July this year, and mining operations were on schedule to start in April 2018, with Metro saying on Thursday that SAB was... 

Royal HaskoningDHV WINS Community-based Projects category at SAICE PMB Regional Awards

     13th September 2017 Royal HaskoningDHV continued its winning streak at the South African Institution of Civil Engineering (SAICE) KwaZulu Natal Regional Awards that were held in Pietermaritzburg on Saturday 29th July. In the category for Community-based projects, Royal HaskoningDHV won the award for the ePhatheni... 

Property experts help accelerate delivery of affordable office space in Polokwane

     13th September 2017 Property developers and builders are responding to a high demand for affordable and quality office space in Polokwane. One of these astute companies is Golden Bay Properties. This property developer and building contractor already has a solid track-record successfully completing many developments... 

Petropavlovsk H1 profit surges on revenue growth

By: Mariaan Webb     12th September 2017 Gold miner Petropavlovsk on Tuesday reported a 166% increase in profit for the half-year ended June 30, as revenue jumped 20% on higher production from its hard-rock mines and an increase in the average realised gold price. London-listed Petropavlovsk, which operates the Pioneer, Pokrovskiy,... 

Pan African’s tailings retreatment project set to boost Mpumalanga economy

By: Ilan Solomons     8th September 2017 Government, trade unions and traditional leadership have heaped praise on South African precious metals miner Pan African Resources for the development of its R1.7-billion Elikhulu tailings retreatment plant (TRP) project, located at the company’s Evander gold mine, in Mpumalanga. Speaking at the... 

Nokeng mulling two or three more fluorspar mines by 2026 as huge shortage is predicted

By: Mia Breytenbach     8th September 2017 Following the breakthrough of opening the first new mine in Gauteng, South Africa, in the last 12 years, which is being developed by producer SepFluor’s wholly owned Nokeng fluorspar mine, the company aims to become vertically integrated in the fluorspar value chain in future. Fluorite ore is... 

Diepsloot pedestrian bridge project, South Africa

By: Sheila Barradas     8th September 2017 The Johannesburg Roads Agency is building a pedestrian bridge linking Diepsloot's Extension 1 and Extension 2. 

Kusile power plant project, South Africa

By: Sheila Barradas     8th September 2017 Unit 1 of Eskom’s Kusile power station has been brought into full production. 

Strategic planning ensures successful turnaround on refinery upgrades

     8th September 2017 Creative thinking and sound preparation enabled engineering firm MegChem to assist oil company Chevron with large-scale upgrades at its Cape Town refinery in a turnaround period of ten weeks, says MegChem director Louis Odendaal 

Minergy maintains positive momentum, eyes secondary listing by July 2018

By: Natasha Odendaal     5th September 2017 As emerging coal miner Minergy posts its maiden results for the year ended June 30, much work has been completed in the background to bring to fruition the full potential of the Masama project, in Botswana. So far, the potential of the resource, which was beyond expectations, had proven far... 

WBHO sees challenging Australian project, settlement agreement sip from the profit cup

By: Irma Venter     5th September 2017 A problematic Australian contract and a payment in accordance with a settlement agreement between government and the local construction sector following an investigation into collusion have seen profits slip at JSE-listed construction group Wilson Bayly Holmes-Ovcon (WBHO). The group on Tuesday... 

IDT awarded R170m contract to build facilities at Eastern Cape school

By: Natasha Odendaal     5th September 2017 The Department of Education has tasked the Independent Development Trust (IDT) with the construction of the boarding facilities for the Ntsonkhotha senior secondary school, in Lady Frere, Eastern Cape, over the next three years. The R170-million contract comprises the construction of a dormitory,... 

Ormonde’s Spanish tungsten project is moving full speed ahead

By: Mariaan Webb     5th September 2017 The Barruecopardo tungsten project in Salamanca, north-west Spain, is proceeding at a rapid pace and is on schedule for commissioning in the third quarter of next year. Construction activities are under way, with several contracts having been awarded, Ireland- and UK-listed explorer Ormonde... 

Three Steps Towards More Cost Effective Procurement

     1st September 2017 With current cost pressures on mines in South Africa and elsewhere, the role of procurement officers in saving unnecessary expenditure has become vitally important. Procurement officers are being increasingly relied upon to save money for the mine, according to SPH Kundalila group commercial and... 

Grayston bridge collapse inquiry to resume at end of September

By: African News Agency      1st September 2017 The Department of Labour inquiry into the collapse of the temporary bridge structure on Johannesburg’s M1/Grayston Drive, which left two people dead and 19 others injured, will resume later this month. In a statement on Friday, the department said the inquiry would finally in Pretoria on... 

Servest acquires stake in ICT services company

By: Mia Breytenbach     1st September 2017 International facilities management provider Servest has partnered with investment company Bottega InvestCo in the acquisition of integrated information and communications technology (ICT) services company Getronics. The transaction, which is supported by specialist banking and asset management... 

Eldorado contractor dies at Skouries project

By: Henry Lazenby     29th August 2017 A contractor employee has died on site at Vancouver-based miner Eldorado Gold’s Skouries project, in Greece, the company announced on Tuesday. The company, which maintains equity listings on both the TSX and the NYSE, advised that the employee was struck by a branch from a falling tree, resulting... 

India’s HCL seeking local contractors for MDOs

By: Ajoy K Das     29th August 2017 India’s sole integrated copper producer, Hindustan Copper Limited (HCL), has decided against engaging foreign contractors as mine developer operators (MDOs) for any of its future mining projects in the country. In the wake of a face-off with Perth-headquartered India Resource Limited (IRL), the... 

Preproduction mining gets under way at Hummingbird’s Yanfolila project

By: Creamer Media Reporter      29th August 2017 Preproduction mining has started at Aim-listed Hummingbird Resources’ Yanfolila project, in Mali, which remains on schedule for its first gold pour by the end of this year. The preproduction mining, which is being undertaken by contractor African Mining Services (AMS), will ramp up over the next... 

Work on Adani’s Carmichael coal mine to start in October

By: Esmarie Swanepoel     28th August 2017 Indian major Adani has announced that early work on its $16.5-billion Carmichael coal project, in Queensland, will start in October, with first shipments targeted for March 2020. The announcement comes just days after Adani won three legal battles against the proposed 60-million-tonne-a-year... 

Dugald River zinc/lead/silver project, Australia

By: Creamer Media Reporter      25th August 2017 Production has been brought forward to late 2017. 

Heavy fuel oil-fuelled power station project, Mali

By: Sheila Barradas     25th August 2017 The power plant will be the country’s first independent power producer project to feed into the national grid. 

Mbeya coal-to-power project, Tanzania

By: Creamer Media Reporter      25th August 2017 Formal negotiations with infrastructure investors are scheduled to be held in the coming weeks. 

Explorer overcomes funding crunch, targeting first gold pour at Mali project by year-end

By: Ilan Solomons     18th August 2017 It is common knowledge that securing investment for exploration projects, particularly for junior operators, has been “extremely challenging”, owing to the current tepid global economic climate and low commodity prices, emerging gold miner Hummingbird business development head Robert Monro tells... 

Dunnottar train manufacturing complex project, South Africa

By: Creamer Media Reporter      18th August 2017 The first locally built train will be delivered by the end of 2018. 

Procurement standard set to stop use of ‘cheap’ professional services

By: Marleny Arnoldi     18th August 2017 The National Treasury’s (NT’s) standard for infrastructure procurement and delivery management aimed at addressing government’s use of “cheap” professional service providers in public infrastructure projects officially became applicable to municipalities last month.  

Wolf making progress with turnaround plan for UK project

By: Creamer Media Reporter      17th August 2017 Specialty metals producer Wolf Minerals said on Thursday that the operational turnaround plan for its Drakeland openpit mine at the Hemerdon tungsten and tin project in Devon, south-west England, was making good progress. The turnaround plan, which was announced last month, is aimed at achieving... 

Decmil wins BHP contract

By: Esmarie Swanepoel     17th August 2017 Mining contractor Decmil has been awarded a A$13-million contract at mining major BHP’s new South Flank project, in the Pilbara. The scope of the project will include civil and enabling works for the expansion of the Mulla Mulla village, which will be required to support current operations at... 

Mining contractors progressing work at Xtract’s Mozambique gold project, alluvial mining to start soon

By: Mia Breytenbach     16th August 2017 The mining contractor activity at Aim-listed Xtract Resources’ Manica concession area, in Mozambique, is progressing “favourably”, with initial mining of the alluvial gold deposits expected to start at the end of this month, the company reported on Wednesday. Xtract’s Mozambique subsidiary... 

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