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Ferrous Metals

Infrastructure capacity needed to maintain iron-ore advantage

POSITIVE OUTLOOK
EY South Africa believes the outlook for the South African iron-ore industry is positive, despite commodity-price decreases
While the drop in the iron-ore price to below $100/t in the last month has influenced global iron-ore mining majors to consider mothballing some of their mines, South Africa’s iron-ore mining industry has not been affected by the significantly...
25th July 2014
 
Ferrous Metals

Metals mine to implement planning solutions system Video Available

STRATEGIC PLANNING TOOL
Ukwazi will assist Kolomela mine in implementing the Open Pit Metals Solution software 
Mine planning and engineering consultancy Ukwazi Group is working with mining major Anglo American Kumba Iron Ore (Kumba) to implement the new Open Pit Metals Solution (OPMS) software system at Kumba’s Kolomela mine, in Postmasburg, in the...
25th July 2014
 
Ferrous Metals

New PT scheme for African iron-ore industry

QUALITY IMPERATIVE
Qotho Laboratory Services’ iron-ore proficiency testing schemes include quality testing of materials to ensure international standards compliance
Recognising a niche in the iron-ore sector for a formal and independent iron-ore proficiency testing scheme, mining laboratory quality-control services provider Qotho Laboratory Services launched its iron-ore interlaboratory proficiency testing...
25th July 2014
 
IRON-ORE LOGISTICS

R14bn set aside for expansion of iron-ore-dedicated Port of Saldanha

VELILE DUBE
An estimated R14-billion will be used towards the expansion of iron-ore and steel export facility, the Port of Saldanha

South Africa is the seventh-largest producer of iron-ore and having also traditionally been the fourth-largest exporter worldwide it remains well positioned to service global iron-ore demand owing to its well-established infrastructure and an...
25th July 2014
 
IRON-ORE

Kumba’s cash return to black shareholding now at astounding R23bn Video Available

The cash return of Anglo American’s Kumba Iron Ore to its black shareholding since Kumba’s listing on the Johannesburg Stock Exchange in 2006 has risen to R23.5-billion, Kumba CFO Frikkie Kotzee revealed this week. Kumba subsidiary Sishen...
23rd July 2014
 
IRON-ORE

Kumba providing helping hand to up-and-coming BEE iron-ore juniors Video Available

South Africa’s biggest iron-ore mining company, Anglo American’s JSE-listed Kumba Iron Ore, is lending a helping hand to up-and-coming black economically empowered (BEE) iron-ore juniors in the Northern Cape and Limpopo provinces. Kumba CEO...
22nd July 2014
 
DIAMONDS

Trans Hex moves to offload last of Middle Orange River assets

Second-tier diamond producer Trans Hex has moved to offload subsidiary Pioneer Minerals for R35-million in cash, constituting the final step of a strategic process, initiated in March 2007, to dispose of the group’s mining and prospecting...
18th July 2014
 
PERSPECTIVES

EMPOWERED TO MINE AND TRADE

Fifteen thousand already empowered diamond mineworkers have been empowered still further, this time as diamond traders. Anglo American-controlled De Beers has extended the 26% black economic empowerment of De Beers Consolidated Mines to also...
18th July 2014
 
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Venetia underground project, South Africa Restricted

The design of the Venetia underground diamond mine provides for an automated driverless horizontal truck-haulage system.
18th July 2014
 
DIVERSIFIED MINERS

Anglo’s South African mines up output, platinum sales ‘normal’ despite strike

Anglo American’s South African mines came to the party in the three months to June 30, with increased production across-the-board, including platinum supply “at normal levels” to all platinum customers, in spite of the fierce five-month...
17th July 2014
 
DIAMONDS

Aviation hitech flying into South African mining space Video Available

Dassault Systèmes' David Osborn Advanced aerospace high-technology is flying into South Africa’s changing mining space. French software company Dassault Systèmes, which has built entire aircraft technology platforms that provide three-dimensional (3D) visualisation for every...
16th July 2014
 
DIAMONDS

New underground diamond mine to have automated truck loop

DBCM CEO Phillip Barton The design of the Venetia underground diamond mine in Limpopo province, where the Anglo American-controlled De Beers is currently rolling out a R20-billion investment, provides for an automated driverless horizontal truck-haulage system in its...
9th July 2014
 
 
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