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Vale says hopes to reach dam burst global settlements by year-end

By: Bloomberg     14th June 2019 Brazil's Vale said on Thursday that it expects to reach global settlements covering economic and environmental damages from the January collapse of its Brumadinho tailings dam by late this year or in 2020. Vale is scrambling to deal with the fallout from the disaster, which killed at least 246... 

Time for Itac spring-clean and reform

By: Riaan de Lange     14th June 2019 President Cyril Ramaphosa's appointment of former Economic Development Minister Ebrahim Patel the Minister in charge of the new Department of Trade and Industry , which was merged with the Department of Economic Development not only with questions but provide for opportunities in respect of the... 

Defining the heavy-haul railway of the future

14th June 2019 Heavy-haul railways are under constant pressure to optimise operational efficiency, a factor that has led the sector to spearhead many new technologies. Michael Roney, special advisor to the International Heavy Haul Association (IHHA), explains in this article, originally published in the... 

Brazilian VP says Brics should focus on economics, not politics

By: Rebecca Campbell     14th June 2019 In comments made in Beijing on May 24, which appear not to have been much, if at all, reported outside his home country, Brazilian Vice President Hamilton Mourão called on the Brazil, Russia, India, China, South Africa (Brics) alignment to switch away from political issues and focus instead on... 

Iron-ore, gold surge propel South African miners to 11-year high

By: Bloomberg     13th June 2019 The twin tailwinds of rallying iron-ore prices and gold’s haven appeal have driven South African mining stocks to an almost 11-year high. Johannesburg’s FTSE/JSE Africa Mining Index gained as much as 2% Thursday to the highest since July 2008. Anglo American, BHP Group and AngloGold Ashanti have... 

Renewable energy jobs reach 11m

By: Tasneem Bulbulia     13th June 2019 Eleven-million people were employed in renewable energy worldwide in 2018, International Renewable Energy Agency’s (Irena’s) ‘Renewable Energy and Jobs Annual Review 2019’ reveals. This represents an increase on the 10.3-million people employed in the industry in 2017. 

Heavy Haul Game Changer  

12th June 2019 International Heavy Haul Association (IHHA) chairperson Brian Monakali, who is also acting Rail Network GM at South Africa’s Transnet Freight Rail, believes collaboration is the key to ensuring that global heavy haul operators mitigate the risks associated with the Fourth Industrial Revolution... 

Ivanhoe says copper is the king of ‘green metals’ 

By: Mariaan Webb     11th June 2019 Efforts to wean the world from burning fossil fuels for transportation and energy generation will drive demand for commodities for years to come, paving the way for miners of so-called green metals to play a crucial part in solving some of the planet’s biggest problems, says Canadian miner... 

China's iron-ore surges as tight supply concerns resurface

By: Reuters     10th June 2019 China's iron-ore jumped the most in nearly two weeks on Monday, rallying along with other steelmaking raw materials, amid limited supply as stocks at the country's ports shrank further, while demand could pick up again. The most-actively traded iron ore contract on the Dalian Commodity Exchange... 

Vale sets aside $1.9bn to decommission nine dams

By: Bloomberg     10th June 2019 Vale, the world’s largest iron-ore miner, set aside $1.9-billion to accelerate the decommissioning of nine mine-waste dams in Brazil’s Minas Gerais state as part of its response to the deadliest tailings disaster in the country’s history. Between $150-million and $200-million will be spent this... 

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