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MATERIALS HANDLING

Southern Africa’s largest spreader commissioned at Grootegeluk expansion project

State-owned power utility Eskom’s  Medupi power station has comissioned a PA299-2100/50+50  spreader – the largest type in Southern Africa – from mining equipment manufacturer Sandvik earlier this month for the  coal miner Exxaro-owned...
25th July 2014
 
Ferrous Metals

Drilling programme aims to double iron-ore project resource

NEW ESTIMATION
Ferrex expects the second drilling programme at the South African Malelane iron-ore project to double the estimated inferred resource
Aim-listed exploration and development company Ferrex hopes to at least double the inferred resource – 139-million tonnes at 37% iron – of its Mpumalanga-based Malelane iron-ore project with the second drilling programme, due to start in...
25th July 2014
 
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
 
Exploration

Iron-ore developer confident in Congo project

INFRASTRUCTURE ACCESS
The Mayoko-Moussondji resource is located 500 m from an existing operational railway that leads to existing deep-water port
Despite the iron-ore price dropping below $100/t, ASX-listed iron-ore explorer and developer Equatorial Resources tells Mining Weekly that its confidence in its iron-ore projects in the Republic of Congo (Congo) remains strong. “Equatorial...
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
 
Exploration

Waning interest in African greenfield iron-ore projects

INVESTOR INTEREST
West African iron-ore projects that have clear and short-term access to the iron-ore market continue to attract attention
Surging growth in demand for iron-ore from China drove prices up during the early 2010’s, which led to a significant upswing in greenfield exploration programmes and such programmes were largely high-grade direct shipping ore (DSO) projects in...
25th July 2014
 
COAL

Timing 'tough' for $4.5bn Thai-Mozambique coal rail-port project

A Thai-Mozambican consortium has set a 2018 target to commission a $4.5-billion coal export railway and port terminal project in central Mozambique, but the depressed global coal prices outlook made the timing "tough", the company's president...
23rd July 2014
 
SHALE ENERGY

Anti-fracking lobby seeks new moratorium, keeps legal powder dry

Anti-fracking lobby group Treasure the Karoo Action Group (TKAG) and social rights group AfriForum hand delivered a letter to President Jacob Zuma this week calling on him to declare a fresh moratorium on hydraulic fracturing in South Africa, or...
22nd July 2014
 
Tenders

State

Tender work arising from state contracts
18th July 2014
 
Mining Services

Company takes new hydraulic range to mine operations

British high pressure hydraulic tools manufacturer Hi-Force has attended a series of roadshows to showcase some of its newly launched hydraulic solutions, as well as other mining-specific products, at various mining sites across Africa. These...
18th July 2014
 
MINERAL SANDS

Iluka revenue drops 10% on weaker sales volumes, prices

Lower sales volumes and prices resulted in mineral sands miner Iluka reporting a 10.1% revenue decline during the three months to June, compared with the previous corresponding period. The miner reported on Wednesday that it had sold some 277...
16th July 2014
 
Company Announcement

ExecuJet Africa expands helicopter charter fleet

ExecuJet Africa is expanding its helicopter charter fleet with the addition of a Bell 230 helicopter in partnership with Acher Aviation, leaders in off-shore helicopter operations. The 10-passenger Bell 230 helicopter is fully IFR (Instrument...
14th July 2014
 
 
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