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Gemfields posts strong Q2 results, ups emerald production by 41%
16th February 2016 AIM-listed precious gems producer Gemfields enjoyed a strong second quarter in the three months to December 31, delivering positive results across all operations, including a 41% increase in year-on-year production volumes at its 75%-owned Kagem emerald mine, in Zambia. Kagem, the largest... →
Stellar Diamonds exports 3 341 ct from Baoulé project
16th February 2016 West Africa-focused diamond development company Stellar Diamonds has exported a diamond parcel worth 3 341 ct – extracted through an ongoing trial mining programme – from its Baoulé kimberlite project in Guinea’s Aredor area, to Antwerp. The London-listed miner announced on Tuesday that these... →
Endeavour Silver cuts silver production by more than a quarter
29th January 2016 Owing to the dipping price of silver, dual-listed Canadian miner Endeavour Silver plans to reduce silver production this year by more than a quarter to achieve a substantially lower all-in sustaining cost (AISC) and to generate free cash flow. In its 2016 production and cost guidance, published... →
PotashCorp cuts dividend by 34% after lower-than-expected quarterly profit
28th January 2016 TSX- and NYSE-listed potash and fertiliser producer PotashCorp, of Saskatchewan, has decided to cut its quarterly dividend by 34%, owing to the challenging market conditions and emerging market currency weakness relative to the US dollar that continue to weigh on the fertiliser market. The... →
Cliffs Natural Resources reports smaller net loss year-on-year
27th January 2016 NYSE-listed iron-ore miner Cliffs Natural Resources has reported a net loss of $748-million for the full-year ended December 31, 2015 – a smaller loss compared with the $8.3-billion net loss recorded in the prior year. The 2015 full-year net loss was attributable to Cliffs’ common shareholders of... →
Chile’s Antofagasta hopes to boost 2016 copper output by at least 12.6%
27th January 2016 On the back of an “undeniably difficult 2015” resulting in a 10.6% year-on-year drop in total copper production, Chilean miner Antofagasta hopes to boost its 2016 copper production by between 12.6% and 17.4%. The miner said in a statement on Wednesday that it hoped to benefit from a full year of... →
First Quantum evaluating alternative power options for Zambia mines
26th January 2016 Providing an update on power supply to its Zambian operations, dual-listed base metals miner First Quantum Minerals noted on Tuesday that its Kansanshi mine and smelter, as well as its Sentinel project, in the North-Western province, were being consistently provided with a total of about 285 MW,... →
Eldorado remains committed to Greek assets, despite $1.2bn preliminary impairment
25th January 2016 TSX- and NYSE-listed low-cost gold producer Eldorado Gold Corporation, which earlier this month suspended mine construction and development at Skouries mine in northern Greece, expects to write down the value of its Greek assets by $1.2-billion to $1.6-billion (after tax), according to a... →
Acacia aims to up 2016 production by at least 18 000 oz
21st January 2016 Tanzania-based gold miner Acacia Mining expects to increase production by at least 18 000 oz in 2016 to between 750 000 oz and 780 000 oz, at a significantly reduced all-in sustaining cost (AISC) of between $950/oz and $980/oz. The company announced on Thursday that it had produced 731 912 oz in... →
Competition Tribunal lifts conditions on Zimco, Atlantis merger
21st January 2016 The Competition Tribunal has approved a request by South African industrial and base metals producer Zimco Group to lift certain conditions imposed by the Competition Commission in 2014, when it approved the merger of Zimco and lead anodes producer Atlantis Metals. At the time of the merger,... →
NUM delivers list of grievances to De Beers
14th January 2016 About 150 National Union of Mineworkers (NUM) members on Thursday took to the streets of Kimberley, in the Northern Cape, to protest the sale of South African diamond-mining company De Beers Consolidated Mines’ (DBCM’s) Kimberley Mines to a consortium comprising Ekapa Mining and the London-listed... →
Zuma did not act unilaterally on the tax law, says Presidency
14th January 2016 The Presidency has rubbished the Congress of South African Trade Unions’ (Cosatu’s) assumption that President Jacob Zuma was alone in government’s recent decision to sign 2015 tax legislation into law. In a statement released on Thursday, the Presidency pointed out that the Tax Administration... →
South African infrastructure assets rank 33 in global 500 ranking
27th November 2015 The South African government has been ranked thirty-third out of this year’s top 500 global infrastructure owners, up two places from last year with a 0.55% increase in its infrastructure assets to $81.03-billion, as measured by reported net tangible fixed assets. Three other local entities made... →
New software enables local mines to shorten survey cycles
20th November 2015 Three Southern African mine owner-operators have upgraded their mine survey capability using software launched last year by global infrastructure software developer Bentley Systems. To increase production efficiency by delivering more timely information for planning and operational purposes,... →
Software developer halts implementation of mine design product in SA as industry’s woes deepen
20th November 2015 The implementation in South African mines of infrastructure software manufacturer Bentley Systems’ MineCycle Designer has been put on the back burner for now, owing to challenges currently facing the local mining sector, confirmed Bentley mining solutions executive Dave Body in an exclusive... →
Software developer halts implementation of mine design product on local mines
9th November 2015 The implementation in South African mines of infrastructure software manufacturer Bentley Systems’ MineCycle Designer has been put on the back burner for now, owing to challenges currently facing the local mining sector, confirmed Bentley mining solutions executive Dave Body in an exclusive... →
New software enables local mine owners to shorten survey cycles, increase production agility
6th November 2015 Three Southern African mine owner-operators have upgraded their mine survey capability using software launched last year by global infrastructure software developer Bentley Systems. To increase production efficiency by delivering more timely information for planning and operational purposes,... →
S African govt's ranking rises among global infrastructure owners
5th November 2015 The South African government has been ranked thirty-third out of this year’s top 500 global infrastructure owners, up two places from last year with a 0.55% increase in its infrastructure assets to $81.03-billion, as measured by reported net tangible fixed assets. Three other local entities made... →
Eqstra
25th September 2015 Established in 1984, South Africa-based Eqstra Industrial Equipment (EIE), a division of JSE-listed integrated leasing and capital equipment group Eqstra Holdings, is the largest forklift supplier to the South African market and has the largest product support infrastructure in the region. EIE... →
SKA antennae positioner snags first prize at Steel Awards
4th September 2015 The Square Kilometre Array (SKA) Africa project's radio antennae positioner took top honours at this year’s Southern African Institute of Steel Construction Steel Awards, which took place on Thursday night at Emperor’s Palace, in Ekurhuleni. This year marked the second in a row that the overall... →
Torre Lifting Solutions
4th September 2015 Torre Lifting Solutions’ quality-centric business philosophy is underpinned by its solid base of applications knowledge and experience, which is enhanced by the extensive distribution network of Torre Industries. The result is a total lifting solution from consumables and forklifts to tower... →
Indra SA
28th August 2015 Spanish multinational consulting and technology firm Indra SA is a Level 3 BEE company with a range of services and solutions for several sectors, including air traffic management; defence and security; and infrastructure. This include rail, road traffic, ports, waterways, airports, public... →
Heavy-lift specialist completes turnkey projects at two power plants
8th May 2015 International heavy-lift, abnormal transport and installation specialist, Vanguard, has been active in two vital power generation projects in the Eastern Cape and KwaZulu-Natal, which are set to supply South Africa with more than 1 000 MW of power during times of high electricity demand or supply... →
Amplats reveals roadmap to automation
23rd January 2015 Change is afoot in the platinum mining industry, as global leader in platinum production Anglo American Platinum (Amplats) prepares to overhaul its operations and begin the ten-year-long process of converting its mines into sustainable, mechanised mining systems. While most of South Africa’s... →
Amplats reveals roadmap to automation, highlights ICT as key to improving efficiency, safety in South Africa’s platinum sector
23rd January 2015 Change is afoot in the platinum mining industry, as global leader in platinum production Anglo American Platinum (Amplats) prepares to overhaul its operations and begin the ten year-long process of converting its mines into sustainable, mechanised mining systems. While most of South Africa’s... →
South African firm takes top honours at London infrastructure awards
21st November 2014 South Africa was again recognised for excellence in engineering earlier this month, when Cape Town-based computer-aided design draughting (CADD) specialist 3D Draughting took top honours at global infrastructure software manufacturer Bentley System’s Be Inspired Awards, held at the Hilton London... →
South Africa 35th out of top 500 global infrastructure owners
21st November 2014 The South African government has been ranked thirty-fifth out of this year’s top 500 global infrastructure owners, with its infrastructure valued at $80.584-billion, as measured by reported net tangible fixed assets. This is according to global software developer Bentley System’s Infrastructure... →
GRP pipes could save miners millions
7th November 2014 Specialist water cooling company Industrial Water Cooling (IWC) believes local mining companies using corrosion-resistant, glass-reinforced plastic (GRP) pipelines could be saving millions on recurring pipeline breakdowns resulting from corrosion. GRP pipes are considered advantageous in the... →
Software developers, mining majors collaborate for better, faster mine planning
7th November 2014 Global infrastructure software developer Bentley Systems last week launched its new range of mining software applications, developed in collaboration with mining technology solutions provider Cyest Technology, through a syndicated-driven development programme (SDDP) with mining majors Anglo... →
South African company takes top honours at London infrastructure awards
6th November 2014 South Africa was again recognised for excellence in engineering on Wednesday night, when Cape Town-based computer-aided design draughting (CADD) specialist 3D Draughting took top honours at global infrastructure software manufacturer Bentley System’s Be Inspired Awards, held at the Hilton London... →
South Africa 35 out of top 500 global infrastructure owners
4th November 2014 The South African government has been ranked thirty-fifth out of this year’s top 500 global infrastructure owners, with its infrastructure valued at $80.58-million, as measured by reported net tangible fixed assets. This is according to global software developer Bentley’s Infrastructure 500 list,... →
Group Line Projects
26th September 2014 Group Line Projects, an industrial linings solutions provider, was founded in 1991 and acquired in 2012 by Wonderstone, which is part of the larger Assore Group, whose origins date back to the early 1900s. Group Line Projects’ core business is focused on the appropriate specification, selection... →
PrepQuip
22nd August 2014 With 25 years of mining technology and application experience, South Africa-based mining equipment supplier PrepQuip has been providing clients in the mining, minerals and metallurgical industries with internationally recognised equipment since its official establishment in 2000. PrepQuip’s... →
Ukwazi Group
6th June 2014 Though classified as a medium-sized mine planning and engineering consultancy, Gauteng-based Ukwazi Group remains the largest independent and focused mine planning and engineering services provider in Africa. Ukwazi specialises in the use and interpretation of various mine planning software... →
VBKom
11th April 2014 Placing a high premium on employing dynamic and knowledgeable engineers and scientists, Gauteng-based mining consultancy VBKom provides a professional technical service to Africa’s mining industry, with specific focus on geology and mining engineering. Having established a Namibia-based branch in... →
Kusile 3D plant simulator project crowned world’s best at infrastructure awards in London
15th November 2013 State-owned power utility Eskom’s Kusile power station received top honours at global infrastructure software developer Bentley Systems’ 2013 Be Inspired awards, which took place at the Hilton Metropole, in London from October 29 to 31. The 4 800 MW power station, which is currently under... →
Germany-based green energy specialist establishes local presence
15th November 2013 Recognising the need to help mitigate the shortage of power in South Africa and taking advantage of the country’s fast-changing energy landscape, Germany-based green energy management solutions provider QTE Energy has expanded its service offering and opened a local branch, QTE Energy South... →
Top corporates reflect on organisational-change success factors
15th November 2013 While rewiring the DNA of large and increasingly complex organisations is no easy feat, corporate stakeholders, at a panel discussion hosted last month by Johannesburg-based consulting firm MAC Consulting, agreed that any type of organisational change needed constant reinforcement from the top,... →
Two SA projects recognised at global infrastructure gathering
15th November 2013 A global gathering of leading executives and thought leaders from around the world took place at London’s Hilton Metropole late last month for the Year in Infrastructure 2013 Conference (YII2013). Participants used the platform to compare notes on effective infrastructure development strategies... →
Trailer manufacturer lifts capacity with R150m investment
8th November 2013 Local commercial trailer manufacturer Paramount Trailers last month unveiled its new 75 000m2 manufacturing facility in Midvaal, Johannesburg, which has expanded the company’s production capacity from 40 to more than 250 trailers a month. →
Metering specialist offers local municipalities water loss solution
8th November 2013 While water-scarce South Africa requires R670-billion for its water sector over the next ten years to keep up with growing demand, inefficiencies in the country’s water systems need to be dealt with as a matter of urgency, says water metering and smart grid specialist Sensus Metering Systems... →
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