13 Nov 2012

Mining

 



The end is nigh...

With five more weekly newsletters to go, and just a few more sleeps until you find yourself pushing and shoving in a crowded shopping mall searching for that one last gift, the news flow is yet to slow! All 26 of our industry newsletters are jam-packed with what's what with the who's who.

The annual Checkers/Shoprite Toy 4 Toy campaign launched this week, so if you have any new or used toys laying about that little Susie's outgrown, why not donate them to a less fortunate child. The campaign runs until early December.

After Randall Abrahams handed over the SAMA CEO baton to Nlanhla Sibisi, the 2013 MTN South African Music Awards is now open for entries. Look out for a few category changes here and there, and have your entries in by 30 November 2012. As my father recites whenever buying his tata ma chance ticket, you have to be in it, to win it...

Still on the topic of winning, well done to the KZN-based African Centre for Crop Improvement for scoring its first award! Conferred by A Green Revolution for Africa for "exceptional contributions to food security in Africa", the ACCI received its award from Nobel peace prize laureate Kofi Annan.

Lastly, in an endeavour to keep our coasts clean and our marine life protected, the Western, Northern and Eastern Cape coasts will soon have bins in which fishermen can discard broken or used line. The project, successfully implemented along the Overberg's Gansbaai shoreline, uses PVC pipe as bins for fishing line. According to John Kieser, sustainability manager of Plastics|SA, the project has received plenty of support from the public and fishermen have also welcomed the initiative. Well done to all involved!

Sindy Peters: Group Head, Content

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Top stories


Editorial news

Mining


Mine disruptions may reduce SA's GDP by half pct point
For the past few months, the unlawful strike action on SA's gold and platinum mines has attracted widespread media coverage, TimesLIVE says, and political and social costs are now beginning to show in the numbers. Read more >>

Lonmin rejects Xstrata's offer, waits for a revised proposal
According to BDLive, Lonmin thwarted Xstrata's plans to create a new platinum and ferrochrome company by taking control of Lonmin, but the world's third-largest platinum miner has left the door open for the diversified group to try again. Read more >>

Bleak growth picture for Africa's largest economy
According to Independent Online, the rand fell over one percent against the dollar after weaker-than-expected mining and manufacturing data on Thursday painted a bleak growth picture for Africa's largest economy. Read more >>

On waiting list for years, only some miners get decent lodgings
According to TimesLIVE, the squalid living conditions for miners were among the reasons for the bloody strike at the platinum mine in Marikana, 110 kilometres northwest of Johannesburg. Read more >>

Voorspoed as production at mine ramps up
The Voorspoed mine owned by De Beers plans to ramp up production by 30% to 800,000 carats over the next two years, the mine's general manager, Mpumi Zikalala, said last week. Read more >>

New engineering library at Wits
Gold Fields and the University of the Witwatersrand officially opened the Gold Fields Engineering Library at the Wits Faculty of Engineering and the Built Environment recently, and intends to make a major contribution towards the alleviation of skills shortages in the South Africa mining sector. Read more >>

Strikes hurt mining, factory output
Mining and manufacturing production both fell during September, reflecting the effects of widespread labour unrest and weaker global demand for domestic exports. Read more >>

Mobile communication can play a vital role in mining industry
Africa currently has around 644 million mobile phone subscribers. For the vast majority of Africans, a mobile device will always be the primary way to access the Internet. Already, 70% of Egyptians, 57% of South Africans, 55% of Ghanaians, 54% of Kenyans and 50% of Nigerians access the Internet via mobile devices. Read more >>

It's high stakes for newly appointed Aquarius CEO
Aquarius Platinum announced it has appointed a new chief executive, the latest management shake-up in a sector crippled by labour unrest and falling profits, Fin24 reports. Read more >>

Equipment


Mining, construction machines to be auctioned
Goindustry Dovebid South Africa (go-dove.com) will hold its seventh multi-vendor online auction of construction and mining equipment. The auction is scheduled to close on October 31. Read more >>

Mining services


Bell gets Canadian distributor
[Mark Allix] South African heavy equipment manufacturer Bell Equipment has appointed Wajax Equipment as its distributor of Bell articulated dump trucks (ADTs) in Canada. Read more >>


International
Bargain prices for Zimbabwe diamonds
VICTORIA FALLS, ZIMBABWE: Cash-strapped Zimbabwe is selling its diamonds to few takers at give-away prices as most foreign buyers shun the country isolated by its former western allies, an expert said on Monday (12 November). Read more >>

More International...


Africa
Mwana Africa restarts work at Zimbabwe mine
Mwana Africa has moved to restart production at Zimbabwe's formerly lucrative Trojan Nickel Mine following the raising of $23m through a rights issue and share placement scheme. Read more >>

More Africa...


Government
Molewa intervened in Shanduka licence row
Water Affairs Minister Edna Molewa allegedly intervened to prevent action against mining companies linked to businessman Cyril Ramaphosa over water licences, it was reported on Friday (9 November 2012). Read more >>

Motlanthe calls for mines to change conditions of employment
[Dennis Cruywagen] Deputy President Kgalema Motlanthe has called on mining houses to change their conditions of employment to enable miners to visit their homes and see their families more often. Read more >>

More Government news...


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