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Lucara subsidiary to collaborate with diamond tech company
Published: 20 Aug 18
Lucara Diamond Corporation’s Clara Diamond Solutions subsidiary has entered into a collaboration agreement with diamond industry technology developer Sarine Technologies. Clara, a digital sales platform acquired by Lucara in February, will be the exclusive, worldwide customer for customised interfaces and versions of Sarine's Galaxy inclusion mapping technology and Advisor optimal rough planning technology, which it will use with its digital diamond sales platform.
Challenge on to develop new deep-level rock drill by early next year
Published: 20 Aug 18
The Mandela Mining Precinct (MMP) on Monday launched an open-innovation challenge to rapidly develop a new deep-level mining rock drill by the beginning of next year. MMP co-director Alastair McFarlane explains that, for South Africa to retain its comparative advantage obtained through the mining of its typically deep and narrow-orebody, tabular reserves, it must develop new rock drills.
Transnet results eclipsed by irregular expenditure, qualified audit and State capture Transnet results eclipsed by irregular expenditure, qualified audit and State capture
Published: 20 Aug 18
A surge in irregular expenditure to over R8-billion triggered a qualification of Transnet’s 2018 financial results, all but eclipsing an otherwise strong financial and operational performance by the State-owned group. The irregular expenditure related primarily to procurement undertaken by Transnet outside of the parameters of the Public Finance Management Act and covered a five-year horizon. In 2017, Transnet reported irregular expenditure of just short of R700-million.
M&R announces new appointments for underground mining platform
Published: 20 Aug 18
Mike da Costa was appointed CEO of Murray & Robert’s (M&R’s) global underground mining platform, effective August 1, mining contracting company M&R Cementation reported on Monday. The M&R underground mining platform covers six continents and its service offering spans the project value chain including specialist engineering, shaft construction, mine development, specialist mining services, including raise boring and grouting, and contract mining.
Resgen continues pursuit of tandem funding solution for Boikarabelo
Published: 20 Aug 18
ASX- and JSE-listed Resource Generation (Resgen) plans to continue pursuing a tandem approach to finding a funding solution for the development of its Boikarabelo coal mine, in South Africa, but warned that further delays are likely. Delays, the energy resources company pointed out on Monday, will likely take place where due diligence activities associated with a potential new participant need to be accommodated.
Uber says concerned over some proposed changes to transport law
Published: 20 Aug 18
Riding service Uber said on Monday it was concerned over some proposed amendments to the National Land Transport Act, including a clause instructing e-hailing operators to deny access to their systems to any driver without the necessary operating licence. Under the clause, ridesharing and e-hailing companies that fail to comply could pay a fine of up to R100 000. Drivers are also subject to the fine as well as two years imprisonment.
Polymetal ships first concentrate from Kyzyl
Published: 20 Aug 18
LSE-listed Polymetal has shipped first concentrate from its Kyzyl mine, in Kazakhstan, to a buyer China, bringing the company closer to achieving cash flow from the asset. The company said that 2 000 t of gold concentrate was shipped by rail.
Gamtoos Irrigation Board, Environmental Affairs dept renew run-off management programme
Published: 20 Aug 18
The Department of Environmental Affairs has renewed the Gamtoos Irrigation Board’s (GIB’s) contract to continue deploying the ‘Working for Natural Resource Management’ programme across the Eastern Cape. Under the renewed three-year contract, GIB will manage four major project categories, namely working for water, wetlands, forestry and ecosystems and work on clearing non-indigenous vegetation to maximise run-off to the province’s dams amid increasingly crippling drought conditions.
Artemis, Platina target gold mineralisation at Munni Munni JV project
Published: 20 Aug 18
ASX-listed Artemis Resources has invested the required $750 000 to earn a 70% interest in the Munni Munni project, in the West Pilbara, from fellow ASX-listed Platina Resources. The joint venture (JV) partners will now target gold mineralisation within the Munni Munni land package.
 Cape Town to roll out water network pressure management technology Cape Town to roll out water network pressure management technology
Published: 20 Aug 18
The City of Cape Town said on Monday it was, in response to the worst drought in its history, expediting the roll-out of pressure management technology to various parts of the water supply network. It said testing would take place in the Bellville Park, Upper Oakdale, Oakdale, Blomtuin, Bellair and Eikenbosch areas during this week.
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