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Showing posts from June, 2018

Govt creating junior miners’ fund, boosting geoscience, permitting zama-zamas

Mineral Resources Deputy Minister Godfrey Oliphant announces junior funding at Junior Indaba, covered by Mining Weekly Online’s Martin Creamer. Video and Video Editing: Nicholas Boyd. Embed VideoPopup Video Download Watch on YouTube 5th June 2018 By: Martin Creamer Creamer Media Editor JOHANNESBURG (miningweekly.com) – The government is partnering the State-owed Industrial Development Corporation (IDC) to establish a junior miners’ fund that will provide exploration investment capital to black-owned emerging miners; it is also investing R20-billion in the Council for Geoscience to boost exploration as well as legitimising illegal diamond zama-zamas in Kimberley. Revealing these initiatives at the Junior Indaba on Tuesday, Mineral Resources Deputy Minister Godfrey Oliphant told Mining Weekly Online that the junior mining fund was being established within the context of a departmental junior miners’ programme aimed at providing opportunities for new entrants identified throughout

Let the discovery of oil be a blessing for Kenya, President Kenyatta says

LOKICHAR, TURKANA COUNTY, 3rd JUNE 2018, (PSCU) — President Uhuru Kenyatta today said Kenya will effectively manage oil and other natural resources to avoid the negative results that have confronted many other nations following new discoveries. He said there was a danger of losing all the benefits that can come from Kenya’s new oil wealth in the absence of effective resource management. “The negative competition for oil and other natural resources has seen peaceful countries go to war. It has seen brothers take up arms against each other as mothers bury their children with no hope for the future,” said the President when he addressed dignitaries, leaders and residents of Turkana County who gathered to witness him flagging off Kenya’s first petroleum exports. President Kenyatta, who later addressed a public rally at Lokichar town, said Kenyans should draw lessons from other countries that failed to manage their resources and ended up with suffering, hungry and poor citizenry. “I pray t

Another two South African wind projects reach financial close

For 46 years, Electra Mining Africa has been winning the minds and hearts of mining and related industries. Delivering an effective platform to showcase the latest innovations, technologies and trends, it’s much more than a show – it’s a tradition. Taking place from 10-14 September at the Expo Centre in Nasrec, Johannesburg, leading players in the mining, manufacturing, electrical and power industries are looking forward to engaging with visitors and sharing information on their latest products, services and solutions. “There will be an exciting line-up of new products and services, live demonstrations and free-to-attend seminars at this year’s Electra Mining Africa and visitors will benefit from the insight and information they will gain,” says Gary Corin, Managing Director of Specialised Exhibitions Montgomery, organisers of the show. “New technologies and innovation are influencing the way we do business and it’s imperative that those in the industry keep up-to-date with these trend

Integration: the key to improving our mining future

/ MEDIA STATEMENT / This content is not written by Creamer Media, but is a supplied media statement. Visualisation and technology-integration are key themes for mining IT and software developers and they are not surprisingly continue to be the most talked about from a mine management and reporting point of view, collaboration and partnering are two hot themes that continue to be driven throughout the industry. MICROMINE Pitram strategy manager Gareth Dean said collaboration with industry and clients gives us the certainty that Pitram is “effective and delivers many ongoing benefits within the mine environment”. Advertisement An integration mature product, Pitram is agnostic and can talk to almost any system. MICROMINE identified the need to be able to collaborate with multiple partners, and as such developed, Pitram Restful Integration Services (PRIS) allows third party software application to submit and retrieve Pitram information without having to directly access the Pitram databa