Online auctioning of mining equipment increasing in popularity, creating international market

Through its independent online auction platform, auction solutions provider Clear Asset is opening up the international market for the auctioning of mining, construction, scrap metal and related assets, while reducing the time and effort required...

Company Announcement: Online Mining Auction for Aucor Produces Exceptional Results

On 30 January 2013, the Aucor Group conducted an online mining auction whereby over 180 assets belonging to Kumba Iron Ore were offered on auction via their new and advanced online auction platform

Discounted prices for iron-ore would give local manufacturing the edge

South Africa will not have a competitive advantage unless it offers a discounted price for key inputs, such as steel, to the local manufacturing sector, Department of Trade and Industry (DTI) acting deputy director-general responsible for...

Discounted iron-ore would give local manufacturing the edge

South Africa will not have a competitive advantage, unless it offers a discounted price for key inputs, such as steel, to the local manufacturing sector, Department of Trade and Industry (DTI) acting deputy director-general responsible for...

Company Announcement: First Online Mining Auction for Aucor

On 30 January 2013, the Aucor Group will conduct their first ever online mining auction whereby a selection of assets from Kumba Iron Ore will be offered on auction via their new and advanced online auction platform

New technology poised to extract value from small, remote copper deposits

A group of South Africans has stumbled on a new technology that can seemingly turn the tiniest of copper deposits to positive account. In order to prove the commerciality of the concept to the world, the privately owned Cuperex is building a...

New smelterless technology set to monetise stranded copper

A plant is under construction in the once-thriving copper-mining area of the Northern Cape, which will make use of a new low-power South African-developed technology that is able to process stranded copper ore concentrates into 98%-pure copper...

We wish the Kimberley Process well – Global Witness

International nongovernmental organisation (NGO) Global Witness in December last year announced its departure from the Kimberley Process Certification Scheme (KP) and reveals to Mining Weekly that it does not believe the right questions were asked...

IDC sees room for more steel capacity in SA

Despite barriers to entry, the Industrial Development Corporation (IDC) believed that there was still room for additional steel production capacity in South African and that the focus should be on developing low-cost steel production methods and...

Demand for copper looks set to outstrip supply

The global demand for copper could exceed available supply next year. This is the view of Pan Pacific Copper marketing department GM Hidenori Kamoo. Speaking to the Bloomberg News Agency, he said that “supplies won’t catch up with demand next...

IDC, Palamin, IMBS mulling over iron-making project at Phalaborwa

A joint venture between Palabora Mining Company (Palamin), the Industrial Development Corporation of South Africa (IDC) and technology development company Iron Mineral Beneficiation Services (IMBS) to explore the establishment of an iron-making...

Daily podcast – July 2, 2008

In today's podcast: South Africa still has a problem filling senior positions in the public service sector, South Africa considers measures to limit the exportation of scrap metal, and mining companies in Ghana are negotiating with the government...