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Ongoing copper cable theft negatively affects power capacity

By: Mamaili Mamaila     19th April 2019 Ongoing copper cable theft from companies, such as State-owned power utility Eskom, has devastating effects on the local copper industry, says Copper Development Association Africa (CDAA) executive chairperson Evert Swanepoel. 

Versatility key to Vanguard embracing Industry 4.0

By: Thabi Madiba     19th April 2019 The heavy lifting and abnormal loads sector has embraced Industry 4.0 and incorporated many new technologies, such as three-dimensional (3D) modelling of heavy lift solutions and real-time data monitoring, says heavy rigging and lifting company Vanguard lead sales and project manager Dale Huddy.... 

LME ready to address flaws in its metal storage rules

By: Reuters     18th April 2019 The London Metal Exchange is poised to deal with a loophole in its warehousing rules, exposed after commodity trader Glencore bought large amounts of aluminium earlier this year, sources familiar with the matter said. But the exchange will have to wait until a complaint lodged by Glencore with... 

Fitch warns iron-ore price increase may be ‘more structural’ than initially thought

By: Simone Liedtke     18th April 2019 The sharp rise in iron-ore prices to over $90 per dry metric ton (dmt) from under $75/dmt since January, may be “more structural than initially anticipated”, says Fitch Ratings. It believes sustained iron-ore prices of above $85/dmt over the next 9 to 12 months should provide cash flow windfalls... 

Mick Davis moves closer to iron-ore mining with Liberian deal  

By: Bloomberg     18th April 2019 Mining dealmaker Mick Davis has won permission to export iron-ore from a planned mine in West Africa, adding momentum to the industry veteran’s comeback. Davis, through his new Niron Metals vehicle, has signed an agreement with Liberia that will allow him to use a rail and port to export iron-ore... 

The Future Of Diesel Is Here

17th April 2019 This week the port of Durban received one of the largest pieces of cargo for this year. This was a 242 ton, 31 metre long reactor for the SAPREF refinery. The R50 million reactor, which has been dubbed “Umkhoma” (isiZulu word for whale) because of its “whale” like shape and for its size, was... 

Sapref’s new R50m reactor to enable better low-sulphur diesel production

By: Nadine James     17th April 2019 The South African Petroleum Refinery’s (Sapref’s) new R50-million reactor arrived at the Durban port earlier this week. The 242 t, 31-m-long reactor will enable Sapref, which is a joint venture between Shell Refining South Africa and BP Southern Africa, to produce “better, low-sulphur diesel”,... 

Finniss DFS confirms financials - Core

By: Esmarie Iannucci     17th April 2019 A definitive feasibility study into the Finniss lithium project, in the Northern Territory, has estimated that it would require a capital investment of A$73-million. ASX-listed Core Lithium on Wednesday reported that the one-million tonne a year openpit operation would produce up to 180 000 t/y... 

Unique port sand by pass system mimics nature successfully

16th April 2019 The Port of Ngqura, the first port in the world to have a fixed jet pump sand bypass system, is meeting its stringent dredging targets of 240 000 tonnes of sand per year, after successfully overcoming  challenges. “This is an achievement as we are complying with the Record of Decision... 

Flood-damaged Mt Isa zinc railway to reopen April 29

By: Reuters     16th April 2019 A railway that carries zinc from major producers such as Glencore across Australia's Outback is expected to reopen this month, Queensland's Transport Minister said on Tuesday. "Every resource has been made available to accelerate recovery works," Mark Bailey said in a statement. 

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