International

TAKRAF Group’s subsidiary TAKRAF Africa recently showcased advanced range of Tenova air environmental technologies at various client symposium in South America. The events were held in three cities – Lima (Peru), Santiago (Chile) and Belo Horizonte (Brazil) and were entitled “A Focus on Productivity”, with a specific focus on technologies, …

As intentions to increase mine-to-market value heighten in the Rio Tinto stable, the company has created a high profile position to stir this endevour. According to the company it intends to reinforce its focus on driving value across the business from mine to market with the appointment of Simon Trott …

New York, diamond tycoon Maurice Tempelsman of Lazare Kaplan International (LKI) has expresses interest in Namibia’s offshore mining. “We are also looking at some mining projects offshore  and some banking things,” said Tempelsman after a business meeting with President Hage Geingob, adding that the mining exploration is still in its preliminary …

Weatherly has drawn down US$2 million from Orion Mine Finance to accelerate the building of the leach pads and to fund working capital requirements at Tschudi. The funds come from US$10 million uncommitted loan announced early this year. Weatherly says to ensure the loan would be sufficient to meet the necessary funding requirements the …

Husqvarna Group is building its first solar power generating facility at its current injection molding site in Nashville, Arkansas, USA. The new facility is expected to reduce the CO2 footprint by approximately 1,000 tons in the first year of operation and approximately 25,000 tons over the expected 25 year life …

Konecranes is celebrating a milestone of its cranes this year with phenomenal installations across the globe. Konecranes’ 100th rubber tired gantry (RTG) crane has been installed at the Georgia Ports Authority at the Port of Savannah in the USA. In South Africa, three 350kg RMG’s have been installed at Transnet …

The production report from diversified mining and marketing company Glencore, which is seen as offering particular leverage to copper and zinc’s currently attractive fundamentals, elicited favorable analyst comment. “Glencore remains our sector top pick,”Barclays Equity Research analysts Amos Fletcher  and Ian Rossouw commented. “We have a ‘buy’ on Glencore,” stated UBS analysts Miles …

A sharp rise in rough diamond production at a time of stable diamond trading conditions has boosted diversified mining company Anglo American in the three months to June 30, when overall production was 8% up on a  copper-equivalent basis. Rough diamond production increased by 36% to 8.7-million carats, with production in Canada reporting …

De Beers Canada is pleased to announce the inaugural direct flight from YYC Calgary International Airport to the Gahcho Kué Mine in the Northwest Territories, which is the world’s largest new diamond mine. The employee charter flight took place yesterday, departing from YYC’s Domestic Terminal – Concourse B, providing De …

PwC Africa’s 14th edition of PwC’s industry series analysing financial performance and global trends – PwC’s Mine 2017 report has painted a positive outlook for the mining industry. This comes at the backdrop of bolstered balance sheets and a return to profitability in 2016, giving mining companies much-needed space to …