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Sub-Saharan Africa
 
BLASTING TECHNOLOGY

New software optimises drilling, enhances blast effectiveness

Mining services company Sandvik Mining has developed a mining software called Intelligent Sandvik Underground Rock Excavation (iSure) that optimises drilling and enhances blast effectiveness.
15th August 2014
 
Exploration

SA and Oz-based recruitment specialists join forces

UPSKILLING LOCAL COMMUNITIES
Australian investment in Africa-based mining operations can stimulate significant growth in terms of personal experience and expertise
Recruitment, human resource and labour relations management company Mecs Africa entered into a partnership in August 2012, with Perth-based recruitment company JSM Appointments, which specialises in recruiting skilled professional and engineering...
8th August 2014
 
Mining Services

UK company acquires SA valves supplier

SHAKING ON IT
CVT will be a key building block as EnerMech expands its valves business in Africa
As part of its R350-million investment programme aimed at establishing a significant presence in the African oil and gas sector, mechanical engineering group EnerMech has acquired Cape Town-based control valves supplier Control Valve Technology...
8th August 2014
 
NATURAL RESOURCES

China urged to reveal payments on natural resources

China should publicly disclose what it pays African governments for extracting oil, gas and minerals as a way to level the playing field for companies worldwide and help countries get a fair deal for their natural resource wealth,-billionaire...
5th 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
 
Gold

NPO tackles high TB rate at SA gold mines

UNDERMINED CRISIS
All stakeholders need to get involved to help prevent the spreading of tuberculosis across Southern Africa’s gold mining sector 
Shedding light on the tuberculosis (TB) epidemic that continues to pervade the global mining industry, international nonprofit biotechnology company with a mission to develop TB vaccines, Aeras, released a documentary highlighting the need for...
1st August 2014
 
Legislative Environment

Commodity prices impact on mineral rents

Mining companies operating in Africa need to understand that fluctuating commodity prices impact on mineral rents, says mining risk analysis company Eunomix MD Claude Baissac. Baissac was the guest speaker at an event hosted last month by Africa...
11th July 2014
 
FINANCE

Regulatory intervention into executive pay levels may be ‘disastrous’

As the issue of the pay gap between top executives and entry-level workers became more prominent, regulatory intervention into the matter was becoming more likely; however, advisory firm PwC warned that this could have undesired consequences....
9th July 2014
 
GOLD

‘Hot spot’ Ivory Coast may host next new Randgold mine Video Available

Randgold CEO Mark Bristow (left) and Mining Weekly's Martin Creamer  Under-explored Ivory Coast, which has just introduced what is seen as the most investor-friendly mining code in Africa, may become the site of the sixth mine that the London- and Nasdaq-listed Randgold Resources will build on the continent....
3rd July 2014
 
CONSTRUCTION

Aveng announces R830m of impairments for 2014 FY

Following financial losses at Aveng Grinaker-LTA for the financial years 2012 through 2014, allied to prolonged weakness within the local infrastructure environment and the limited evidence of near-term market improvement, construction major Aveng...
2nd July 2014
 
LEGISLATIVE ENVIRONMENT

Call made for separate legal framework for oil and gas exploration in SA

SHALE GAS BIDDING The creation of a specific hydrocarbons legislation for the oil and gas industry in South Africa will foster foreign investment opportunities Estimates that South Africa has the world’s fifth largest reserves of shale gas has the potential to attracted international investment into the country, with PwC estimating that as much as $1-billion is set to be spent on shale gas exploration....
20th June 2014
 
ECONOMIC OUTLOOK

Tense labour climate exacts big economic toll

The World Bank has made a further material downward revision to South Africa’s growth outlook for 2014, citing tense labour-market conditions as a key reason, along with weak electricity supply and tighter monetary policy. The bank’s latest...
20th June 2014
 
 
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