BHP ready to overcome global uncertainties – Mackenzie
PERTH (miningweekly.com) – Miningmajor BHP Billiton has more than doubled its net profit to $3.2-billion for the six months ended December 31. This was up 157% from the $7-billion loss reported in the six months to December 31, 2015. Underlying earnings before interest, taxes, depreciation and amortistaion (Ebitda) were also up by 65% year-on-year to $9.8-billion. “This is […]
Continue ReadingBrazil’s S11D iron-ore mine a reality check for Australian politicians – CME
PERTH (miningweekly.com) – The Western Australian Chamber of Minerals and Energy (CME) has warned that the commercial start of the $19.7-billion Eliezer Batista S11D iron-ore mine, in Brazil, is a reality check for Australian politicians looking to use the sector as a “bottomless cash cow”. CME CEO Reg Howard-Smith said on Tuesday that commercial operations at the world’s largest iron-ore mine was expected to start this month, with mining giant Valetaking […]
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Merry Christmas and a Happy New Year to all our clients. Happy Holidays, travel safely! Kind Regards The Dust-Act team
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Continue ReadingSterkfontein water to boost Vaal dam levels
While reiterating its call for citizens to use water wisely, the Department of Waterand Sanitation (DWS) on Thursday announced that it would release water from its reserve Sterkfontein dam into the Vaal dam on November 7. Amid the ongoing drought, dam levels across the country have depleted to unprecedented levels, with the Vaal dam at 26.6%, while Sterkfontein stood at 91.5%. The minimum release planned at this stage […]
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Continue ReadingRemediation of waste tyres reduces carbon emissions
The Recycling and Economic Development Initiative of South Africa (Redisa) has adopted several tactics to remediate wastetyres and, ultimately, reduce carbon emissions. This includes processing waste tyres using pyrolysis, crumbing and controlled burning incement kilns. From January last year to June this year, 19 908 t of wastetyres have been remediated through pyrolysis, 18 763 t have gone to cement kilns and 37 599 […]
Continue ReadingWhy agriculture is vital for South Africa’s economic future
Countries that tax agricultural sectors are normally poor. Countries which subsidize the agricultural sector are normally rich. This is according to agricultural economist professor Mohammad Karaan, a speaker at National Treasury’s Public Economics Winter School being held at the University of Pretoria this week. Karaan shared evidence to show why agriculture should be part of economic and […]
Continue ReadingWaterberg rail supply disappoints Exxaro
Rail supply in the Waterberg region since the beginning of the year has been disappointing, Exxaro Resources said on Tuesday. The JSE-listed company reported receiving only 3.5 trains a week from Transnet Freight Rail instead of the required five, a situation likely to persist until the culmination in July of the coal line shutdown. Overall, […]
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