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MINING RISKS

Access to water, electricity key risk for local mining and metals companies

EY Africa mining and metals sector leader Wickus Botha Although productivity has been identified as the top business risk facing mining and metals companies globally in advisory firm EY’s ‘Business risks facing mining and metals 2014/15’ report, access to water and electricity – a new entrant,...
1st August 2014
 
STEEL

O’Flaherty outlines ‘production first’ strategy for steel group Video Available

ArcelorMittal South Africa CEO Paul O’Flaherty Newly appointed ArcelorMittal South Africa (AMSA) CEO Paul O’Flaherty delivered an unambiguous ‘production first’ message in his inaugural interaction with the investment community on Friday, saying his management team was committed to...
1st August 2014
 
URANIUM

Ranger suspension pushes ERA into A$127m half-year loss

Embattled uranium miner Energy Resources of Australia (ERA) has reported a 138% decline in net profits for the half-year ended June, which was recorded at a loss of A$127.2-million. This was compared with a net loss of A$54-million during the...
1st August 2014
 
SHALE GAS

Aus states, territories convinced hydraulic fracturing a viable option

While Australia is estimated to host more than 800-trillion cubic feet of gas resources, the rapidly expanding gas industry is facing a significant battle in exploiting some of these resources. During the three months to March, Australian gas...
1st August 2014
 
COAL

Alpha Natural Resources to lay off 1 100 workers at 11 mines

In dealing with continued weak coal markets and blaming increasingly strict government regulations, US coal producer Alpha Natural Resources said eight of its affiliates had late on Thursday afternoon given about 1 100 employees, working at 11...
1st August 2014
 
UNCONVENTIONAL OIL

Australian states, territories convinced hydraulic fracturing a viable option but not taking opponents’ concerns lightly

While Australia is estimated to host more than 800-trillion cubic feet of gas resources, the rapidly expanding gas industry is facing a significant battle in exploiting some of these resources. During the three months to March, Australian gas...
1st August 2014
 
All

Gahcho Kué diamond project, Canada Restricted

Three leading international banks have been appointed to arrange and underwrite a senior secured term loan facility to fund Mountain Province's share of the project's construction costs.
1st August 2014
 
Base Metals

Increased demand for South African smelting tech

GOLD MELTING 
This high volume system melts up to 2 t of gold at a time
As Africa’s mining industries consider new methods of processing precious metals and base metals, the demand for South African induction-heating technologies on the continent is increasing, says induction-heating solutions company Hot...
1st August 2014
 
What's On

International

What’s On provides you with information about conferences, exhibitions, seminars, training courses and other events pertaining to general industry and the mining sector. To include information about an upcoming event, e-mail...
1st August 2014
 
RENEWABLE ENERGY

JV to look for renewables, energy efficiency opportunities for African mines

Infrastructure solutions company Akhani Group signed a joint venture with South African energy management services company Energy Cybernetics in May to identify renewable-energy and energy efficiency opportunities for mining companies in...
1st August 2014
 
MINERALS LEGISLATION

Malawi reviewing minerals legislation

Malawi has started reviewing its mining laws to ensure that the country realises optimum benefits from this largely unexploited sector. Natural Resources, Energy and Mining Minister Atupele Muluzi says the review will address the deficiencies in...
1st August 2014
 
HEALTH & SAFETY

SA company clinches orders to supply cage arrestors to Canadian mines

TECHNOGRID 
These strain energy absorption devices provide predictable impact energy absorption outcomes with controlled deceleration and predicted reaction forces
Local conveyance safety solutions provider Horne Group has been awarded orders for several Technogrid cage arrestors for use at mines in Canada.
1st August 2014
 
 
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O’Flaherty outlines ‘production first’... Video
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Mining project studies on the increase – DRA Video
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Kumba’s cash return to black shareholding now... Video
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Kebble R1bn unlocked as... Audio
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