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Mining Equipment Buyer
According to findings of PWC’s 20th annual Global Survey, the majority of oil and gas industry CEOs believe global economic growth will improve in the next 12 months. There has also been renewed confidence in the South African mining industry, ignited by a new government and opposition towards Mining Charter III. The High Court in Pretoria ruled in favour of the Chamber of Mines in the Once Empowered, Always Empowered application, adding even more weight to resistance towards the new mining charter. In this edition, read a legal perspective on what this ruling could mean for the charter as a whole. On the topic of growth opportunity, read about why Nigeria is Africa’s prime power development hotspot and find out how a privately-owned Mauritanian mining company is unlocking wealth in the country. Growth opportunity goes hand-in-hand with technological developments. If you’re not using robotics to its full potential in your operations you’re missing out. Find out how Kumba’s Kolomela iron ore mine is using drones and automated drilling machines to increase productivity and efficiency.
Once empowered, always empowered

The High Court in Pretoria has given judgement in favour of the Chamber of Mines against the minister of Mineral Resources and the director-general of the Department of Mineral Resources in the highly contentious Once Empowered, Always Empowered application. The Chamber of Mines disputed a provision on the 2017 Mining Charter, which required holders of mining rights to top up black ownership of its mines to 30 percent if ownership fell below the level. Based on the court’s judgement Allan Reid of Cliffe Dekker Hofmeyr Attorneys questions the validity of Mining Charter III as a whole.

The rise of machines in mining, and the people behind them

Four years ago, Leigh Ann Booysen worked gruelling shifts at Kumba’s Kolomela iron ore mine as a drill operator. That meant sitting on a truck-sized drilling machine in an iron ore pit for eight hours, drilling holes for explosives before blasting. Today, she proudly boasts to her family that she works an office job. She is now one of a team responsible for operating Kumba’s fleet of automated drilling machines from a safe, air-conditioned control centre next to the mine’s offices.

Nigeria: Africa’s prime power development hotspot

Nigeria offers a wealth of power sector business opportunities, with industrialists actively seeking generation and distribution solutions to power their business growth. Nigeria holds numerous opportunities for power sector businesses, particularly those operating in the renewable energy, solar energy, power storage, technical and training and specialist financial consulting arenas.

Unlocking mineral wealth in Mauritania

Privately-owned Mauritanian mining and exploration company Suricate Minerals is engaging with international financial and technical service partners to develop its quartz, barite, lithium, copper and gold prospects located throughout the country. Suricate plans to start mining at its high-purity quartz deposits in Tasiast, in north-west Mauritania, containing around 99 percent silicon, before the end of 2018. The company envisages the project will produce both quartz lumps and sands.

Oil and gas industry poised for revenue growth in the next 12 months

For the first time since crude prices nosedived in 2014, a majority of oil and gas industry CEOs believe global economic growth will improve in the next 12 months. Moreover, 83 percent of industry CEOs report that they are ‘very’ or ‘somewhat confident’ in their own companies’ prospects for growth in the next 12 months, and 91 percent say they are ‘very’ or ‘somewhat confident’ of revenue growth over the next three years. These are some of the highlights from the report titled ‘CEOs sound a note of optimism’, which is part of PWC’s 20th annual Global Survey of 1 293 CEOs around the world.

Epiroc’s family of drilling machines offer mobility and flexibility

Booysen Bore Drilling company, Sishen is currently operating three generations of surface drill rigs, the ROC L8 MK I and ROC L8 MK II supplied by Atlas Copco alongside the latest FlexiROC D65 machines from Epiroc. The recent delivery by Epiroc of three FlexiROC D65 surface drill rigs has bolstered this longstanding Northern Cape customer's total drilling machine fleet to 51.

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