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Transnet Freight Rail Breakthrough Technologies

14th June 2019 In a context of increasing competition, growing demand and tighter management of operational and capital costs, freight railways are constantly looking for ways to increase efficiency by boosting throughput and cutting costs. Below are several breakthrough technologies that have been developed... 

Longest Production Train in the World

14th June 2019 In an unprecedented move, Transnet Freight Rail (TFR) successfully ran a 375 wagon manganese train. The testing of the train took place on Wednesday, 05 September 2018 over a distance of around 861 km, from Sishen to Saldanha. The test train is four (4) kilometres long and will be a production... 

Mining production remains depressed in April, but mineral sales increase

By: Tasneem Bulbulia     13th June 2019 Mining production decreased by 1.5% year-on-year in April, Statistics South Africa (Stats SA) data revealed on Thursday. The largest negative contributors were gold, at -19.5%, and contributing -2.7 percentage points; iron ore, at -11.9%, and contributing -1.7 percentage points; and chromium ore,... 

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... 

Gold giants battling to lure back investors who fled industry

By: Bloomberg     10th June 2019 What’s better than GOLD? In the wake of two mega-mergers that have reset the gold industry, one small detail has delighted Mark Bristow, Barrick Gold's CEO: His company’s ability to secure the rights to trade its stock under the ticker GOLD in New York. 

Anglo’s South African units confirm integrity of tailings dams 

By: Marleny Arnoldi     7th June 2019 The JSE-listed subsidiaries of global miner Anglo American have confirmed the structural integrity of their tailings dams, in line with a global call for better disclosure about tailings storage facilities (TSFs). Anglo American Platinum (Amplats) operates nine mineral residue facilities, of... 

Vale creates role of safety czar after two deadly dam collapses

By: Reuters     6th June 2019 Brazilian mining giant Vale said on Wednesday it had created the new role of executive director for safety and operational excellence, following a dam burst in January that killed hundreds, its second such disaster in three years. The world's largest iron ore miner said it had recruited Carlos... 

Zenith sells Mt Alexander to focus on lithium project

By: Creamer Media Reporter      4th June 2019 ASX-listed Zenith Minerals has accepted a A$2.75-million offer from a private Australian company for its Mt Alexander magnetite iron project in Western Australia. Zenith will receive from Mt Alexander Iron Ore an up-front cash payment of A$250 000, as well as ten yearly payments of A$250 000... 

Lithium mining superpowers seek riches as battery makers

By: Bloomberg     4th June 2019 The race by Tesla, Samsung SDI and other technology giants to secure supplies of lithium — a key ingredient in batteries for electric vehicles and smartphones — is creating a unique chance for two global mining superpowers to reap more value from their natural resources. Australia and Chile are... 

Slow landslide at Vale's Gongo Soco reduces risk to dam

By: Reuters     3rd June 2019 A closely watched embankment at a Brazilian iron-ore mine run by Vale SA has begun to slide slowly into the bottom of a mining pit, the company said on Friday, reducing concerns that a sudden landslide would trigger a dangerous dam collapse. Authorities had initially feared that a landslide at... 

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