Sasol awards 188 university bursaries

18 January 2010

Petrochemical giant Sasol Limited has awarded university bursaries to 188 students this year, who completed a comprehensive orientation programme at the company’s Secunda operations last week. During the orientation programme, students participated in life and study skills workshops, while also being exposed to the Sasol operations and the plant environment. Sasol Secunda is the world’s largest [...]

HIV/AIDS poses threat to SA workforce

16 September 2009

The prevalence of HIV/Aids among workers poses a very significant threat to both company productivity and occupational health and safety. The disturbing effect that the HIV/Aids pandemic can have on an organisation’s workforce was made all too clear to delegates who attended this year’s NOSHCON Conference, Africa’s largest annual occupational risk [...]

NOSA regional winners head for NOSHCON 2009

04 August 2009

NOSA, a subsidiary of MICROmega Holdings and a leading supplier of occupational risk management services and products, recently held its Eastern Regional Awards banquet. Over 120 companies and 45 individuals were recognised during the event for their dedication to health and safety in the workplace. Companies that are NOSA clients are rewarded based on the score [...]

Rio Tinto to retain borates business

24 May 2009

Rio Tinto has taken its borates business off the market after the sales process did not achieve values acceptable to the company in the prevailing economic conditions. The sales process is continuing for other businesses slated for divestment, including talc. Rio Tinto believes the borates business is a good fit within its overall portfolio, based on [...]

Workshop on Sour Service Materials

22 May 2009

Leading industry exhibition Petro.t.ex together with the Corrosion Institute of Southern Africa (CorrISA) and NACE International are offering a one day workshop on industry standards and test methods for selecting and qualifying metallic materials for the use in sour service specifically refineries and oilfields. An update on the current international standard ISO15156/NACE MR0175 (Sulphide stress cracking [...]

IDC concludes EUR60m for SME’s in resources sector

12 May 2009

The Industrial Development Corporation of South Africa Limited (IDC) has received a EUR 60 million credit line from the European Investment Bank (EIB) to finance private sector small and medium sized enterprises. The funds will support viable projects undertaken by small and medium enterprises businesses in the industrial, resources and services sectors. The agreement was signed [...]

Keaton Energy increases Sterkfontein project area by 71%

07 April 2009

Keaton Energy has announced that it has reached agreement on a transaction which, on conclusion, will add 2 844 hectares of prospecting rights to its 4 009-hectare Sterkfontein Project (“the acquisition”) – an increase of  71%. Keaton Energy Managing Director Paul Miller said: “Importantly, the addition - referred to as the Sterkfontein Extension Prospecting Right – `fills [...]

Rio cuts back

07 April 2009

Rio Tinto Alcan today announced it will slow the construction of the Yarwun alumina refinery expansion in Gladstone and curtail annual bauxite production at its Weipa mine to 15 million tonnes (from 19.4 million tonnes in 2008) due to the sharp fall in alumina and aluminium demand and prices in recent months. Announcing the decision, Rio [...]

African Eagle Resources in JV

07 April 2009

African Eagle Resources plc has signed a Letter of Intent for an option and joint venture with SAFINA a.s. of the Czech Republic and its subsidiary Tanzania Precious Metals Refinery Limited (TPMRL), over the Ngasamo licence, adjacent to the Dutwa nickel laterite project in Tanzania. Under the agreement, African Eagle can earn an interest of up to [...]

Industrial workshop: 2009 Changes in the China Supply Chain

28 March 2009

One of our many business assumptions that changed after September was that China would fuel a 20 year global commodity boom, paid for by their manufactured exports at unbeatable prices. What should the strategy for 2009 and the medium term be for South African companies? Today’s economy doesn’t mean going into hibernation and letting your competitors [...]

TEAL completes deal with ARM and Vale

25 March 2009

TEAL Exploration & Mining Incorporated (“TEAL”) is pleased to announce the completion of the previously announced plan of arrangement (the “Arrangement”) involving TEAL, African Rainbow Minerals Limited (“ARM”),  Companhia Vale do Rio Doce (“Vale”) and two wholly-owned subsidiaries of ARM,  42685 Yukon Inc. and 42696 Yukon Inc. Upon completion of the arrangement, the holders of all [...]

Losses weigh on Braemore

25 March 2009

Shareholders of Braemore Resources plc are advised that the Company expects its earnings and headline earnings per share for the six months ended 31 December 2008 to show a 0.56p loss as opposed to the 0.15p loss for the corresponding period to 31 December 2007. The Company has made significant positive progress on its projects and [...]

Metix continues on the innovation trail

17 March 2009

South African smelting and technology equipment specialists Metix is a rare beast, spending time actively seeking solutions that will enhance productivity and reduce downtime – usually long before clients have commissioned the upgrades.   Offering the full scope of EPCM services on smelter projects, detailed engineering of furnace-related infrastructure, in-house procurement, cost control systems, site construction, as [...]

Diamond demand to outstrip supply globally

07 March 2009

While this article doesn’t deal directly with ferrous metls directly, I thought the insight from an industry expert in terms of what is happening in the diamond and jewellery market makes for interesting reading in terms of spend in the mining sector in general. Give us your thoughts on what Uwe is saying: Grave prospects lie ahead [...]

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Aluminium

Breakthrough Oxyfuel technology from Afrox

Posted on 12 May 2009

Afrox is consulting with several key players in the South African aluminium industry with a view to introducing an innovative new optimised oxyfuel melting process developed by its German parent company, The Linde Group, which delivers process improvements leading to significant cost savings.
Following its introduction in Europe in 2005, the new proprietary ‘low-temperature oxyfuel burner [...]

Base Metals

CSIR-Cermalab collaboration good news for refractories and ceramics industry

Posted on 31 January 2010

With the official signing of a collaboration agreement, the CSIR and Cermalab today formalised the work they are doing together at southern Africa’s only unbiased high-temperature materials laboratory.
At this laboratory refractories and ceramics can be tested and characterised to international standards. The CSIR and Cermalab each ran independent laboratories of this nature for many years [...]

Ferrous Metals

R15m from Innovation Fund for metals industry ideas

Posted on 12 September 2009

The Innovation Fund, through its Technology Advancement Programme (TAP), invites all South Africans (inventors, techno-entrepreneurs, engineers and researchers), who are engaged in the research and development of novel and inventive technologies, to submit their proposals.
The investment sought must be for research and development, resulting in a working prototype or similar, which is ready for commercialisation. [...]

Iron-Ore

Investment in marampa

Posted on 22 January 2009

Australian iron ore company Cape Lambert has reached an agreement with Marampa Iron Ore Limited, a subsidiary of African Minerals, to increase its investment in Marampa, the holder of the Marampa Iron Ore Project in Sierra Leone to approximately 35%.
The consideration payable by Cape Lambert for its increased investment in Marampa is the issue of 17 million fully paid [...]

Market News

Minerals Minister’s speech a “breath of fresh air”

Posted on 02 February 2010

According to one of South Africa’s leading corporate law firms, today’s speech by Minerals Minister Susan Shabangu was a breath of fresh air that was marked by a promise to halve the time taken to process applications for prospecting and mining rights in South Africa and a firm stance on nationalisation.
Peter Leon, head of natural [...]

Nickel

African Eagle Resources in JV

Posted on 07 April 2009

African Eagle Resources plc has signed a Letter of Intent for an option and joint venture with SAFINA a.s. of the Czech Republic and its subsidiary Tanzania Precious Metals Refinery Limited (TPMRL), over the Ngasamo licence, adjacent to the Dutwa nickel laterite project in Tanzania.
Under the agreement, African Eagle can earn an interest of up to [...]

Platinum

Investment Case for South Africa’s Platinum Sector Remains Compelling

Posted on 16 September 2009

With over 1 billion ounces in reserves, South Africa’s platinum mining industry has probably the strongest outlook of any mining sector in the country. Despite the sharp decline in platinum prices since September 2008, the demand for platinum is rising in a range of industrial applications, meaning that global demand will continue to outstrip supply.
New [...]

Skills development

Recruitment opportunities through Ferronews.com

Posted on 05 February 2010

Are you looking to secure skilled talent in the South African metals industry?
Ferronews.com has recently added a recruitment module to its site which allows for the advertising of positions for skilled professionals in the sector.
The cost per advert is R175 excl. VAT. (R199.50) and the position is held open until the user expires it.
The site [...]

Smelters & Furnaces

Incident at Mintek’s ConRoast smelting facility

Posted on 30 March 2009

Braemore Resources plc confirms the occurrence of an operational incident at a furnace at Mintek’s ConRoast smelting facility in Johannesburg, South Africa on Friday, 27 March. A full enquiry will be completed; however preliminary investigations suggest superficial damage to the plant and minimal impact on production. Safety procedures were strictly adhered to and no personnel [...]

Stainless Steel

China strategy pays off for Cadac

Posted on 12 May 2009

The idea of moving into China has much appeal for South African firms. However getting your head around the market is tough and many local firms would do well to learn from some of the experiences from the team over at Cadac who have successfully implemented China into their supply chain.
Cadac, an iconic South African brand will be [...]

Steel

Why SA Industry Should be Cutting Costs in Response to Market Turmoil

Posted on 25 March 2009

Sadly, anyone who thinks South African industry is immune from the effects of stock-market and finance sector turmoil around the world is mistaken.  Even though astute government regulation effectively saved the SA banking sector from the ravages seen in the US and UK, the fact remains that our economy is largely driven by export industries [...]