Category archives for: Mining

AMG gold reserves spike to R6 billion

African Medallion Group

by SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) – THE African Medallion Group’s (AMG) gold reserves have hit a historic high of R6 billion (about US$412 million) this year. The value has been accrued between January and the current month. “The African Medallion Group is pleased with the current global Gold markets performance. On 5 October 2018, […]

SA mining sector catapults into digital future

steel mill at night

by AKANI CHAUKE JOHANNESBURG, (CAJ News) – SOUTH Africa’s mining industry, in major need of revival on the back of prevailing challenges, is to receive a major boost in the leap into the digital future. This comes in the wake of the industry, globally, benefitting from digital mining transformation. Among the companies driving the makeover […]

Kenya emerges the next frontier of mining

KENYA Revenue Authority

from MARIA MACHARIA in Nairobi, Kenya NAIROBI, (CAJ News) – THE mining industry is tipped to contribute significantly to the Kenyan Government’s Big Four Agenda. Manufacturing, universal healthcare, affordable housing and food security are the pillars of the economic plan. The mineral industry provides key raw materials for at least three of these pillars. The […]

Digital technology powering mines of the future

Schneider Electric - Digital technology powering mines of the future image

by MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – THE future of the mining industry can benefit from the application and adoption of relevant digital technology, to address rising pressures mounting on business sustainability and reduced energy consumption. This is according to an executive of a digital transformation-focused company Schneider Electric South Africa. Marc Ramsay, ‎Vice President […]

Anglo American completes sale of SA coal project

Coal energy

by AKANI CHAUKE JOHANNESBURG, (CAJ News) – ANGLO American has completed the sale of its New Largo thermal coal project in South Africa for R850 million (approximately US$65 million). It has been sold to New Largo Coal Proprietary Limited, which is owned by Seriti Resources and Coalzar. The two companies are majority owned and controlled […]

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