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Topic - South America
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Jul 28, 2015
Multinational diversified miner Freeport-McMoRan has started a comprehensive review of its mining and oil and gas businesses to target significant capital spending and operating and administrative cost cuts in response to weak market conditions for its significant...
Jul 23, 2015
US-based diversified miner Freeport-McMoRan (FCX) on Thursday reported a net loss of $1.85-billion for the second quarter of the year, compared with the net income of $482-million achieved in the second quarter of the previous year. FCX’s net loss for the second...
Jul 22, 2015
The South African macadamia nut industry is in chaos, as up to half the country’s macadamia harvest for 2015 destined for China will now have to find other markets. “That’s very difficult to do overnight,” said Green Farms Nut Company CEO Jill Whyte in a statement on...
Jul 17, 2015
JOSUA LE ROUX Air Products South Africa new polycarbamide technology provides colour, ultraviolet stability and low temperature curing
Industrial and specialty gas products and chemicals supplier Air Products South Africa (SA) has recently introduced its new polycarbamide technology, designed for flooring applications, which provides colour, ultraviolet stability and low temperature curing, says GM...
Jul 16, 2015
Goscor Hi-Reach is proud to introduce a first-of-its kind heavy duty, tough and versatile work-at-height machine to the Southern African agricultural and forestry sectors. Capable of generating at least twice the output of one person on a conventional ladder, the...
Jul 15, 2015
With this product series for outputs of 160 kW to 13 MW, LOESCHE Thermo-Prozess GmbH has its own compact burner series for industrial applications. With an integrated combustion air fan and burner control system, LTP thereby supplements its existing burner product...
Jul 13, 2015
The brand is celebrating its 40th anniversary – a success story that tells of great international acclaims and vehicles that have come to symbolise commercial transport around the world. The website www.iveco40.com offers people the chance to celebrate Iveco’s 40th...
Jul 13, 2015
Dormer Pramet has established a strong foundation for the future after a productive first 12 months following its creation last year. The global company was founded in 2014 following the merger of round tools manufacturer Dormer Tools and cemented carbide tooling...
Jun 25, 2015
Jun 23, 2015
Jun 15, 2015
Jun 05, 2015
 
 
 
Jun 04, 2015
An emerging 15% supply gap could signal a prolonged upturn in the uranium price through to 2024, Canadian uranium major Cameco said on Thursday. A decline in secondary sources of yellowcake was forcing the market to increasingly rely on primary suppliers, which, when...
Jun 01, 2015
South Africa’s logistics costs reached R393-billion in 2013, equating 11.1% of the country’s gross domestic product (GDP), which does not compare well with the figures of North America, at 8.8%, and Europe, at 9.2%, Stellenbosch University’s (SU’s) newly launched...
May 29, 2015
The Yuty in situ recovery (ISR) project, one of two projects owned by US uranium producer and project developer Uranium Energy Corp (UEC) in Paraguay, is the third project to enter the exploitation phase since the country's current mining law was promulgated in 2007....
May 27, 2015
Canadian mineral processing firm Inca One has started trading on the Santiago Stock Exchange, Venture (SSEV) market, giving it access to the Latin American Integrated Market (MILA), Latin America’s largest stock-trading platform. “Listing on the SSEV and giving Inca...
May 22, 2015
Uranium explorer U3O8 Corp has appointed well-known institutional investor David Franklin to its board with immediate effect. Franklin brought to the board a proven record of mining investment experience that would help U3O8 Corp expand its investor reach and...
May 22, 2015
South Africa’s crude steel production dropped by a sizeable 17.2% year-on-year to an estimated 530 000 t in April, amplifying a global trend that saw world steel production decline by a comparatively marginal 1.7% to 135-million tons in the fourth month of the year....
May 20, 2015
Triple-listed gold producer B2Gold has secured a new $350-million revolving credit facility (RCF) with a syndicate of international banks to repay its existing $200-million RCF, of which $125-million had been drawn as at March 31, and for general corporate purposes....
May 19, 2015
Aim-listed gold miner Armadale has appointed Dr Andrew Tunks as a nonexecutive director, effective immediately. The Africa-focused company said Tunks was well placed to support its active development strategy, with proven experience in identifying and developing gold...
May 08, 2015
Apr 22, 2015
HIDROSTANK has supplied innovative reinforced polypropylene chambers to the expansion works of the Panama CANAL, one of the great engineering feats of the XXI century. In August 2009, the Panama Canal Authority awarded the design and construction of the third set of...
 
 
 
 
Apr 17, 2015
CONDRA 40 T CRANE With advanced control technology, Condra's 40 t crane reads the hook’s location to within an accuracy of 2 mm
South Africa-based multinational crane manufacturing company Condra in November delivered locally designed and manufactured maintenance cranes to the R3.5-billion De Hoop dam in Sekhukhune, Limpopo. Condra MD Marc Kleiner tells Engineering News that the company...
Apr 13, 2015
A new publication and web story from the Energy and Minerals Institute the University of Western Australia and Knowledge Society.Western Australia has a new story to tell.  It is the story of the technology and ingenuity that have underpinned the massive economic and...
Apr 03, 2015
SHADAB RAHIL The low-cost of deployment and the use of existing equipment at fuel retailers has resulted in good demand for the Payment24 system in developing markets
The Payment24 fuel payment and driver management system can be deployed using existing equipment and system present at most fuel station forecourts, and the system is in demand in developing countries. Information and communications technology company Paradigm will...
Apr 03, 2015
MAN Truck & Bus South Africa (MTBSA) has unveiled a grid-connected solar photovoltaic (PV) rooftop system at its assembly facility in Durban, making it the first carbon-neutral MAN plant in the world. The 580 kW, 2 320-panel, 6 300 m2 system is capable of generating...
Apr 01, 2015
Putting the ‘B’ in BRICS, the group of five major emerging national economies of Brazil, Russia, India, China and South Africa, it seemed as if Brazil was finally fulfilling its destiny to become South America’s global powerhouse in the latter half of the 2000s. As...
Mar 31, 2015
Project developer Guyana Goldfields (GGI) on Monday said construction of its $249-million Aurora gold project, in Guyana, South America, was in top gear and progressing on schedule and within budget, with the first gold pour on track for mid-2015. As of December 31,...
Mar 27, 2015
DRAINING RESOURCE The World Economic Forum’s ‘Global Risks 2015’ report rates water crises as “the greatest risk” worldwide, with water scarcity also being a key risk
Despite a global understanding and emphasis on water as a scarce resource, South Africa is not taking sufficient cognisance of the future risk of water security and its potential impact on business, and the domestic, industrial and mining sectors, says research and...
Mar 19, 2015
Mar 19, 2015
Preventative maintenance is essential to ensure the longevity of trommel screens. “Multotec has had trommel screens running for over ten years that are still operational,” Anthony Yell, screening product manager, says. Customers can return trommel screens for...
Mar 18, 2015
MAN SA's new solar rooftop
MAN Truck & Bus South Africa (MTBSA) on Tuesday unveiled a grid-connected solar photovoltaic (PV) rooftop system at its assembly facility in Durban, making it the first carbon-neutral MAN plant in the world. The 580 kW, 2 320-panel, 6 300 m2 system is capable of...
 
 
 
 
Mar 09, 2015
Feb 27, 2015
World crude steel production reached just under 1.7-billion tonnes at the close of 2014 – up by 1.2% from 2013 figures, says steel industry association body the World Steel Association (worldsteel) adding that, last year, the Middle East, which is the smallest region...
Feb 23, 2015
Moderate growth across all Wilson Bayly Holmes-Ovcon (WBHO) business segments has resulted in an 11%, or R14.7-billion, increase in revenue from continuing operations in the six months ended December 31, the JSE-listed construction company reported on Monday. The...
Feb 20, 2015
Freeport-McMoRan Oil & Gas (FM O&G), the subsidiary of NYSE-listed Freeport-McMoRan, will immediately establish commercial production from its Highlander discovery, onshore in South Louisiana, after “highly favourable reservoir characteristics” were obtained from a...
Feb 20, 2015
FAW has started the production of truck bodies at a new body shop facility, located next to its Coega-based truck assembly plant, in the Eastern Cape.
Feb 12, 2015
South America-focused gold producer Yamana Gold has reported a significant net loss for the second consecutive quarter, as impairment charges for Brazilian mines and charges for newly enacted Chilean taxes have weighed on the bottom line.  For the three months ended...
Feb 11, 2015
After a slowdown in 2013, the wind industry set a new record for yearly installations in 2014, adding 51 477 MW of wind generating capacity globally, the Global Wind Energy Council (GWEC) has revealed. The record-setting figure, which brought total cumulative...
Feb 11, 2015
Despite what it describes as a “volatile market backdrop” multicommodity giant Glencore achieved across-the-board production improvements in copper, zinc, nickel, ferrochrome and coal for the year ended December 31. The group cautioned, however, that it planned to...
Feb 06, 2015
ASX-listed Arrium on Friday announced the sale of its wire ropes business to a Belgium-based firm for A$90-million. MD and CEO Andrew Roberts told shareholders that despite having a strong leverage to the mineral extraction industry, particularly through its drag...
Jan 30, 2015
GAS PRODUCT The gas industry produces industrial products, like gas condensates and urea fertiliser, which increase the investment return and attractiveness of gas projects
The once-promising notion that gas was soon to become a game- changer in Africa seems unlikely to happen in the near future, owing to the negative impact of the low oil price on the industry, says growth consulting firm Frost & Sullivan. “A preliminary assessment of...
 
 
 
 
Jan 30, 2015
Toyota South Africa Motors (TSAM) is “happy” with what its sponsorship of the Toyota Imperial South Africa Dakar team has achieved over the last few years, says TSAM president and CEO Dr Johan van Zyl. He says TSAM is evaluating the merits of continuing its...
Jan 29, 2015
To expand its worldwide service network, AUMUND established a fourth Service Center with integrated warehouse, this time in central Brazil. In addition to the warehouses in Rheinberg/Germany, Atlanta/USA and Hong Kong AUMUND now has opened the fourth Service Center...
Jan 28, 2015
Mark Cutifani
Given the sharply lower commodity price environment, particularly for bulk commodities, Anglo American said on Wednesday that it expected to record noncash impairment charges in its 2014 results. The London- and Johannesburg-listed diversified major, headed by CEO...
Jan 22, 2015
Global crude steel production rose 1.2% year-on-year to 1.66-billion tonnes in 2014, the World Steel Association (worldsteel) revealed on Thursday. While crude steel production in the European Union (EU), North America and Asia expanded by a modest 1.7%, 2% and 1.4%...
Jan 19, 2015
Four years after its first move into the South American mining market, Keech Australia has taken the next step, signing a partnership with one of Peru’s leading mining supply businesses. The Recolsa group will work closely with Keech Chile, a stand-alone subsidiary...
 
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