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De Beers establishes incubation hub for Kroonstad’s entrepreneurs De Beers establishes incubation hub for Kroonstad’s entrepreneurs
Published: 23 Jun 17
Diamond miner De Beers’ Voorspoed mine has officially unveiled its Incubation Support Programme for small, medium-sized and microenterprises (SMMEs) at the miner’s Zimele business hub in Kroonstad, in the Free State. The programme is aimed at helping budding entrepreneurs. Thirty-five people from the host and labour-sending areas of Voorspoed mine were identified for the programme, run on behalf of the mine by specialist mentoring and training company TrioPlus.
New Moz coal railway line takes step forward
Published: 23 Jun 17
In a further step towards easing transport bottlenecks for coal mining companies operating in Mozambique’s inland Tete province, a Sino-Portuguese consortium has signed a contract with local company Thai Moçambique Logística to build a 500 km railway from the coal rich Moatize district to the coast at Macuse, in Zambézia province. This was announced in a communication to the Portuguese Securities Market Commission, dated June 13.
Top 40 miners returned to profitability  in 2016 – PwC Top 40 miners returned to profitability in 2016 – PwC
Published: 23 Jun 17
The world’s top 40 miners recovered from a “race to the bottom”, with bolstered balance sheets and a return to profitability in 2016, giving them much-needed space to pause and take a breath. This is according to advisory firm PwC’s ‘Mine 2017’ report, which was released on the sidelines of the Junior Indaba conference, in Johannesburg, earlier this month.
Standard approach needed to maintenance, downtime on mines Standard approach needed to maintenance, downtime on mines
Published: 23 Jun 17
If the mining industry could standardise maintenance and downtime procedures, it would help “tremendously” to facilitate more efficient, cost-effective, faster maintenance, says capital plant equipment manufacturer Halley & Mellowes group of companies (HMA).
High-quality products equal reduced maintenance on mines High-quality products equal reduced maintenance on mines
Published: 23 Jun 17
To lower maintenance costs and increase plant efficiency in trying economic times, gratings, stair treads, pressed floors and safety handrails manufacturer Vital Engineering offers clients service level agreements (SLAs) after the completion of projects.
Sherritt rings TSX opening bell in celebration of 90 years in business
Published: 22 Jun 17
Canadian diversified miner Sherritt International on Thusday rang the opening bell of the TSX in celebration of the company’s 90 years of operations and 21 years being listed on Canada’s largest stock exchange. Senior VP for human resources Karen Trenton had the honour of opening the market for trading, joined by TMX Group president for capital formation Ungad Chadda.
Peter Hambro ousted from his gold mining company Petropavlovsk Peter Hambro ousted from his gold mining company Petropavlovsk
Published: 22 Jun 17
Shareholders voted for four new board members at Russian-focused gold miner Petropavlovsk on Thursday, ousting Peter Hambro who has run the company since he founded it in 1994. Rebel shareholders, holding around 40% of the company, backed nominees to replace four out of six of the board at Petropavlovsk, including Hambro, Hambro said.
First Cobalt on the rise as it consolidates cobalt exploration portfolio First Cobalt on the rise as it consolidates cobalt exploration portfolio
Published: 22 Jun 17
Toronto-based First Cobalt (FCC) has positioned itself to become the world’s largest cobalt exploration company under pending deals to merge with
Implats general meeting to vote on new share issue
Published: 22 Jun 17
Platinum mining and marketing company Impala Platinum (Implats) on Thursday announced details of an annual general meeting to approve the issuing of 175-million new shares. The Johannesburg Stock Exchange-listed company said shareholders would be convened on July 24 to vote on resolutions authorising:
Civil society takes Atha-Africa to court
Published: 22 Jun 17
A coalition of eight civil society and community organisations has launched proceedings in the Pretoria High Court against India-owned mining company Atha-Africa Ventures, asking the court to stop the miner from starting any activities inside the Mabola protected environment, located outside Wakkerstroom, in Mpumalanga. The parties have alleged that Atha-Africa did not yet have confirmed environmental authorisation and local planning approval.
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