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OceanaGold’s q-o-q profit cut in half on weak output
Published: 27 Apr 18
Multinational miner OceanaGold’s TSX-listed equity tread water on Thursday after the company on Thursday reported a 50% drop in first-quarter profit over the prior period. The TSX- and ASX-quoted miner said gold output fell 24% for the March quarter to 125 646 oz, which the company noted was according to plan, but production was also impacted by unusually cold weather at the Haile mine, South Carolina early in the New Year.
Reclaiming competitiveness through R&D-led mining modernisation Reclaiming competitiveness through R&D-led mining modernisation Has Video
Published: 27 Apr 18
The modernisation of mining operations is essential to contribute towards the survival of the South African mining industry by enabling mining at increased depths and narrow, hard rock reefs.
Digitisation, safety hot  topics in mining consulting Digitisation, safety hot topics in mining consulting
Published: 27 Apr 18
There is “much discussion” in the global mining consulting industry around digitisation and safety in mines, says engineering and infrastructure advisory company Aurecon client director for resources Dr Eduard Vorster. The interrelation between digital advancements and safety is an important trend and lends itself to not just training people better and working more safely but also creating a platform for positive discussion regarding safe and useful work environments, he says.
Exciting new mining research thrust Exciting new mining research thrust Has Video
Published: 27 Apr 18
The new Mandela Mining Precinct will be officially opened on May 4 to revitalise and modernise South Africa’s high-potential but struggling mining industry.
Manufacturing capability to underpin SA’s reindustrialisation Manufacturing capability to underpin SA’s reindustrialisation Has Video
Published: 27 Apr 18
Mining capital goods industrial cluster, the Mining Equipment Manufacturers of South Africa (MEMSA), funded by its members and the Department of Trade and Industry (the DTI), aims to harness the collective capability of South African capital equipment manufacturers for the development of a world class local mining equipment manufacturing sector. MEMSA will officially be launched on May 4, together with the Mandela Mining Precinct, and aims to catalyse the reindustrialisation of South Africa, as well as the Southern African region.
2015 Mining Phakisa birthed Mandela  Mining Precinct 2015 Mining Phakisa birthed Mandela Mining Precinct
Published: 27 Apr 18
The Mandela Mining Precinct, as one of the key initiatives that resulted from the 2015 Mining Phakisa, is important in terms of developing new mining technologies that support the sustainability, efficiency, and longevity of the South African mining industry while simultaneously catalysing employment creation, says Department of Planning, Monitoring and Evaluation outcomes facilitator Rudi Dicks. The Mining Phakisa was a South African government initiative led by the Presidency based on a “quick results” methodology that brings together all stakeholders in the industry into a “lab” with the aim of identifying constraints and developing a shared vision and growth strategy for the long-term development and transformation of the sector.
‘Toolbox’ helps Harmony Gold improve environmental management
Published: 27 Apr 18
JSE-listed Harmony Gold Mining (Harmony) has improved its environmental management through the implementation of a system that centralises the company’s environmental data. The system, named Management Toolbox (MTB), facilitates the capturing of environmental data, the storing of related source documentation and automatic validation of all data.
Uncertainty remains in mining industry, technology transformation arising Uncertainty remains in mining industry, technology transformation arising
Published: 27 Apr 18
Recent changes in political leadership suggest that the South African mining industry may be moving towards a clearer operating framework but much uncertainty remains, says consulting engineering and science company SRK Consulting partner and principal consultant Andrew van Zyl. “This uncertainty makes it difficult for investors to make the necessary forecasts about factors that will affect the economic viability of their projects; it should be remembered that mining is generally a long-term business, where investors must often wait several years for a return,” he elucidates.
Stagnant mining  industry detrimental  to consulting engineers Stagnant mining industry detrimental to consulting engineers
Published: 27 Apr 18
The local mining industry is “almost dormant” and it is having a knock-on effect on consulting engineers, leaving them with little in the way of projects, says industry body Consulting Engineers South Africa (Cesa) CEO Chris Campbell. Many consulting engineers servicing the mining industry are active across other infrastructure sectors and across the borders of the country to stay in business, he notes. “It is the general approach because the low levels of investment in infrastructure are stretching across sectors.” Many of the companies are also having to downsize, he adds.
New JV to lead to structured services solutions New JV to lead to structured services solutions
Published: 27 Apr 18
The joint venture (JV) between Stefanutti Stocks Mechanical – part of construction group Stefanutti Stocks – and Australian industrial services operation the Dawsons Group of Companies is “ground-breaking and a first for the pan-African mining sector”, says Stefanutti Stocks Mechanical MD Marius Botes. Stefanutti Stocks Mechanical is a pan-African expert in the construction of structural, mechanical, electrical, instrumentation, platework and piping, while the Dawsons Group is an acknowledged international expert in tailored plant maintenance, shut-down support and nonproductive infrastructure maintenance. Negotiations between the parties started in July last year and were concluded in January.
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