Market News

Mining insights: Curbing protracted and violent strikes in 2018

Details: Created: Wednesday, 07 February 2018 13:48

By Johan Olivier, Partner at Webber Wentzel

In one of its most recent surveys, the Chamber of Mines estimated that the mining industry was responsible for creating approximately 450,000 direct jobs in South Africa. The most recently published Fraser Institutes research also reported that South Africa had Labour Regulations/Employment Agreements and Labour Militancy/Work Disruptions which could act as a relatively high deterrent to investment. One of the key contributors to this figure is likely to be strike actions. In a time where unemployment rates are escalating, the need to ensure growth and stability of the mining industry, including its labour relations, has never been more acute.

Call for participation in ISO Standards Development for Collision Avoidance and Emergency Remote Stop

Details: Created: Wednesday, 31 January 2018 09:31

We are requesting assistance regarding standards that are being developed for Collision Awareness and Avoidance, and Emergency Remote Stop.

These standards development projects are being developed through an established Joint Working Group under ISO TC 127 (i.e. TC127 Joint Working Group 22 (JWG22). This is a joint working group of TC127 Earth Moving Machinery (the international committee for mobile surface mining equipment and OEMs) and TC82 Mining (the international committee for mining).

Preventative maintenance: key to productivity and sustainability

Details: Created: Thursday, 11 January 2018 12:55

Operations within the mining, petrochemical, construction, food and beverage, and pharmaceutical industries that use compressed air equipment are confronted with numerous hazards daily, often resulting in varying degrees of injuries and in some cases fatalities. Although there are a number of underlying causes of these accidents - improper maintained air compressors is one of the common causes of equipment-related injuries. In light of this, proactive maintenance not only plays a significant part of the safety of operations that use compressors, but also an important role in the productivity and sustainability.

Rand-Air, market leaders in portable compressed air and power generation rental understands that for an air compressor to perform at optimum, regular services and preventative maintenance is essential. It is for this reason that businesses are advised to rent equipment as opposed to buying - this ensures a preventative maintenance approach and eliminates the stress of reactively maintaining equipment when the need arises.

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Mining Weekly | Africa

12 August 2026

Jubilee receives two binding offers for its Large Waste Project

Zambia-focused integrated copper producer and resource developer Jubilee Metals has received two binding offers for the acquisition of its Large Waste Project, with the company noting that the offers offer a substantial premium to what Jubilee paid for the LWP. The company adds that the planned sale of the LWP will support the accelerated investment by Jubilee into the growth of its existing Zambian operations, offering lower risk and a lower-capital pathway to achieving the company's growth objectives, such as the implementation of the on-site copper processing facility at the expanded Molefe mine operations.

Northam increases RCF to R15bn as it prepares for investment in further growth opportunities

Johannesburg-listed Northam Platinum has finalised an agreement to increase its existing revolving credit facility (RCF) from R13.3-billion to R15-billion, taking Northam's total available banking facilities to R16-billion. The available banking facilities provide the Northam group with important funding flexibility and liquidity.

Fortuna acquires Senegal gold project from IAMGOLD, Barrick

NYSE- and TSX-listed Fortuna Mining Corp has acquired the Bambadji gold project in Senegal through the purchase of certain Senegalese subsidiaries held by Barrick Mining Corporation and IAMGOLD Corporation. Located adjacent to Fortuna’s feasibility-stage Diamba Sud gold project, Bambadji consolidates about 60 km of prospective strike along the Senegal-Mali Shear Zone, a Tier-1 gold corridor hosting several world-class mines.