R/€ = 14.57 Change: -0.06
R/$ = 13.37 Change: -0.02
Au 1268.17 $/oz Change: 1.17
Pt 944.00 $/oz Change: -3.50


RINL’s merger with NMDC rejected

By: Ajoy K Das     28th April 2017 Indian steel producer Rashtriya Ispat Nigam Limited’s (RINL’s) plan of securing raw material security through corporate activity has suffered a setback with the Indian government ruling out a merger with country’s largest iron-ore miner, NMDC Limited. Steel Minister Chaudhary Birendra Singh this... 

Qld releases land for exploration bids in coal-rich Bowen basin

By: Esmarie Swanepoel     28th April 2017 The Queensland government has opened more than 270 km2 of land for bids from coal explorers. State Development and Natural Resources and Mines Minister Dr Anthony Lynham on Friday announced tenders for four blocks in the Bowen basin, the first release of Queensland coal country in four years. 


By: Zandile Mavuso     28th April 2017 As a global corporation that designs, manufactures and distributes power generation equipment globally, Himoinsa adds incomparable application and engineering know-how, excellent design and service capabilities, delivering value beyond the equipment it produces. 

Maluti-A-Phofung Special Economic Zone, South Africa

By: Sheila Barradas     28th April 2017 The Maluti-A-Phofung Special Economic Zone was launched by President Jacob Zuma on April 25. 

DeGrussa plant maintenance results in decreased production for Sandfire

By: Esmarie Swanepoel     27th April 2017 Copper-gold producer Sandfire Resources has reported a slight decline in production during the March quarter, on the back of two planned maintenance shut downs of the Sandfire plant, in Western Australia. Copper production during the March quarter declined form 18 130 t to 16 256 t, compared... 

Brazil's CSN resumed iron-ore exports using alternate port – source

By: Reuters     27th April 2017 Brazilian steelmaker Companhia Siderúrgica Nacional has resumed iron-ore exports using an alternate port while trying to repair damaged equipment in its Itaguaí port, a source with knowledge of the matter said on Wednesday. CSN, as the company is known, is temporarily using the Sudeste port,... 

Canada reports progress with US on lumber as Trudeau, Trump talk again

By: Reuters     27th April 2017 Canadian Prime Minister Justin Trudeau and USPresident Donald Trump spoke again about bilateral trade on Wednesday, the second conversation in as many days between the two leaders amid strains over softwood lumber and dairy. Trudeau's office declined to say who initiated the phone call and... 

Acting BC premier proposes retaliatory US thermal coal export ban

By: Henry Lazenby     26th April 2017 The leader of the British Columbia Liberal party Christy Clark has written a letter to Canada’s Prime Minister Justin Trudeau calling for a retaliatory ban on US thermal coal shipments through the province’s ports. Clark, who has been the acting premier of the province since the legislative... 

First-class service keeps customers returning to Babcock

     26th April 2017 Babcock’s tailor-made aftersales service and reliable technical support, coupled with competitive pricing, were major deciding factors in Bidfreight Port Operations’ recent purchase of two additional SDLG wheeled loader machines from Babcock. Bidfreight Port Operations (BPO) is one of the largest... 

KWG, Marten Falls First Nation to establish equal partnership to kick-start RoF development

By: Henry Lazenby     26th April 2017 Junior project developer KWG Resources has undertaken to strike an equal partnership with the Marten Falls First Nation to kick-start infrastructure development in the remote emerging mining district known as the Ring of Fire, in Northern Ontario. The parties envision the establishment of... 

Engen Driver Wellness 2017 kicks off in the Eastern Cape

     25th April 2017 Engen Driver Wellness, a mobile health awareness initiative run by Thubelihle Occupational Health & Wellness kicked off this month at Cape Road Convenience Centre in Port Elizabeth. The initiative which impacts positively on the country’s bulk truck driver operators continues to increase driver... 

Syrah awards logistics contract to Grindrod

By: Esmarie Swanepoel     24th April 2017 Graphite developer Syrah Resources has awarded the graphite distribution and logistics services supply contract at its Balama project, in Mozambique, to JSE-listed Grindrod Mauritius. The contract includes the provision of long haul trucking services for graphite concentrate from the Balama site... 

TNPA appoints new port managers

By: Megan van Wyngaardt     21st April 2017 The Transnet National Ports Authority (TNPA) has appointed the Port of Cape Town’s first female port manager Mpumi Dweba, who most recently served as port manager at the Port of Ngqura. She succeeds Sipho Nzuza, who recently resigned to take up the role of eThekwini municipality city manager. 

Generator giant to expand its Southern Africa network

By: Robyn Wilkinson     21st April 2017 Power generation equipment developer Himoinsa’s new subsidiary, Himoinsa Southern Africa, will provide a base from which the company can develop its geophysical footprint in Southern Africa by expanding and supporting its existing distribution network. 

Tanzania export ban weighs on Acacia’s Q1 cash flow

By: Megan van Wyngaardt     20th April 2017 The Tanzania Ministry of Energy and Minerals’ decision to introduce a general ban on the export of metallic mineral concentrates has had a $33-million negative impact on Acacia Mining’s cash flow for the first quarter, ended March 31. The Ministry announced the ban on March 3, following a... 

Edenville’s coal wash plant nearly ready for shipment to Tanzania

By: Anine Kilian     19th April 2017 The coal wash plant for use at Edenville Energy’s Rukwa coal mine has been delivered to port in the UK and inspected and cleared by the appropriate authorities, ready for shipment to Tanzania. The first of the shipments is expected to leave the UK this month and will take six weeks to arrive in... 

Numsa accepts new terms in bus strike negotiations

By: News24Wire      18th April 2017 The National Union of Metalworkers of South Africa (Numsa) says it has ended its consultations with workers in the passenger bus sector, following a week of striking, after its members accepted new terms. Numsa was the only major union not to accept the new agreement which Labour Minister Mildred... 

MinRes ships lithium from Wodgina

By: Esmarie Swanepoel     18th April 2017 The first shipment of lithium direct shipping ore (DSO) from the Wodgina mine, in Western Australia, has set sail from Port Hedland, ASX-listed Mineral Resources reported on Tuesday. Mineral Resources purchased the Wodgina site in September last year, to mine and export around 1.5% lithium grade... 

Wet weather rains on Atlas parade

By: Esmarie Swanepoel     18th April 2017 Wet weather conditions have seen iron-ore miner Atlas Iron ship less tonnes during the three months to March, while C1 cash costs increased from A$34/t to A$36/t, compared with the previous corresponding period. The volume of ore shipped during the March quarter declined from four-million tonnes... 

Aurizon rails back at work

By: Esmarie Swanepoel     18th April 2017 Three out of the four coal systems operated by freight hauler Aurizon, which make up the Central Queensland coal network (CQCN), have been reopened following floods associated with Cyclone Debbie, with trains operating under restricted conditions with some reduced capacity. Aurizon on Tuesday... 

South32 scraps $200m Australian coal acquisition from Peabody

By: Reuters     18th April 2017 South32 on Tuesday killed a $200-million deal to buy Peabody Energy's Metropolitan coal mine, in Australia, after running into competition concerns about supply of coal to local steel makers. South32, which had been pursuing its first acquisition since being spun off by global miner BHP Billiton,... 

Dredging of Port of Maputo access channel completed

By: Irma Venter     14th April 2017 The dredging of the access channel to the Port of Maputo from 11 m to up 14.4 m (chart datum) has been completed. “Those three additional metres allow us to affirm, with pride, that we are a port prepared to receive Capesize ships,” says Maputo Port Development Company (MPDC) CEO Osório Lucas. 

KSB Pumps & Valves

     14th April 2017 East Rand-headquartered KSB Pumps & Valves is an original-equipment manufacturer of technologically advanced pumps, valves and related products for the water, sewage, chemicals, petrochemicals, mining and building services sectors, among others. Since its establishment in 1959, the company has... 

Fortescue maintains FY guidance despite lower March quarter output

By: Esmarie Swanepoel     13th April 2017 Significant wet weather in the three months to March has seen iron-ore miner Fortescue Metals’ tonnage slip, while C1 cash costs rose by 4%. The miner on Thursday reported that total ore shipped for the quarter under review reached 39.6-million tonnes, compared with 42.2-million tonnes produced... 

See Africa’s largest selection of targeted security and fire products under one roof at Securex 2017

     13th April 2017 Everyone has something they need to protect. For some it’s personal and business material assets, for most it’s the safeguarding of family members and personnel, and for others it’s the protection of sensitive data. Finding solutions that are simultaneously budget-friendly and reliable is often... 

FIRB clears Yancoal/Rio deal

By: Esmarie Swanepoel     13th April 2017 The Australian Foreign Investment Review Board (FIRB) has approved ASX-listed Yancoal’s $2.45-billion acquisition of Rio Tinto subsidiary Coal & Allied. The two companies in January struck a deal that will allow for an initial $1.95-billion cash payment upon the completion of the transaction in... 

Water situation in Nelson Mandela Bay a 'crisis'

By: African News Agency      13th April 2017 Residents of Nelson Mandela Bay can gear up for stringent water restrictions within the next week as the water situation in the city is on the verge of a “crisis”. Executive Mayor Athol Trollip on Wednesday called an emergency media briefing at Port Elizabeth City Hall to address the critical... 

Khobab and Loeriesfontein wind farm projects, South Africa

By: Sheila Barradas     13th April 2017 Construction at the Khobab Wind Farm has begun in earnest with the arrival of various wind turbine components. 

Two Crane Giants Join Forces

     12th April 2017 Following the finalisation of the Konecranes’ worldwide acquisition of Terex MHPS, which in effect is Demag Cranes, Hoists, Material Handling and Ports Solutions, the two global crane brands will be sharing their considerable combined knowledge and technology, becoming a substantial force in the... 

South Korean fishing vessels install Vesconite Hilube stern tubes and rudder bearings

     11th April 2017 Two South Korean fishing vessels installed Vesconite Hilube stern tubes and rudder bearings at Port Louis dry dock, Mauritius, last month and the month before. The vessels, with a gross tonnage of 441t and 578t, came into the port separately, with a week’s interval between their entries. It was... 

Richards Bay plant to make pearly whites from industrial slag

By: African News Agency      11th April 2017 It’s hard to avoid references to a phoenix while thinking about a deal being inked on Tuesday that will turn industrial waste into a pearly white pigment … and put hundreds of people to work. A technology partnership between Johannesburg-based Nyanza Light Metals and Avertana of New Zealand will... 

First coking coal train since Cyclone Debbie reaches Queensland port - shipping agent

By: Reuters     11th April 2017 The first coal train from Australia's cyclone-hit Bowen Basin reached Gladstone Port on Tuesday with seaborne exports planned to resume this week, a shipping agent told Reuters. Just before 8 am local time (2200 GMT) the first coal train arrived at Gladstone port, said John Parks, shipping agent... 

Iron miners, Quebec govt ink MoU to develop Pointe-Noire multi-user port

By: Henry Lazenby     11th April 2017 The Quebec government, together with Tata Steel Minerals Canada and Quebec Iron Ore (QIO, a subsidiary of Champion Iron) have signed a memorandum of understanding (MoU) to collaborate in a multi-user approach, to manage and develop the industrial facilities at Pointe‑Noire, in Sept-Îles, Quebec.... 

Up to 13Mt of Qld coking coal exports to be delayed

By: Esmarie Swanepoel     10th April 2017 Between 12-million and 13-million tonnes of coking coal exports will likely be delayed from Queensland, following ex-Tropical Cyclone Debbie. Resources and Northern Australia Minister Matt Canavan has said a further two-million to three-million tonnes of thermal coal exports may also be delayed,... 

New Sutherland laboratory adds another eye in the sky for Sansa

By: Megan van Wyngaardt     7th April 2017 The South African National Space Agency (Sansa) has unveiled an optical space research (OSR) laboratory at the South African Astronomical Observatory (SAAO) in Sutherland. This facility will be used solely for research and to host space monitoring projects with national and international partners. 

Mountain size trouble for Australian coal lines

By: Reuters     7th April 2017 Global coking coal supplies have been drastically interrupted by a small stretch of rail that wraps around a modest-sized Australian mountain range – and repair crews are unable to find a quick fix. Australian rail operator Aurizon Holdings Ltd said on Friday it would take another four weeks to... 

Winning Wabush pits not 'life or death' for Alderon’s Kami iron project – CEO

By: Henry Lazenby     7th April 2017 Securing the closed Wabush mine assets is not a life or death threat to developing Alderon Iron Ore’s flagship Kamistiatusset (Kami) high-grade iron-ore property. Not securing the assets will merely be a setback, chairperson and CEO Mark Morabito has told Mining Weekly Online. In an interview on... 

Company expands woodworks series

     7th April 2017 Power tool company Hitachi announced the launch of its 254 mm portable jobsite table saw C10RJ model. It features a 15 A motor with soft start and electric break that produces 4 500 rpm to rip through tough hardwoods. 

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