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Mining  // Browsing posts in Mining

LA CONCORDE HUNTS FOR NEW OPERATIONAL ASSET

La Concorde Holdings, the unlisted company formerly known as KWV Holdings, will probably present proposals for the acquisition of a new operating asset within three months. KWV sold its core liquor assets in 2016 to a company headed by entrepreneur Viv Imerman, leaving property and art assets and hefty cash proceeds in the newly constituted […]

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16 Sep 2014 Mining

OILS WELL AT HCI

The colossus of the Cape Town empowerment sector – Hosken Consolidated Investments (HCI) – is hoping to make a big impact on the burgeoning African oil and gas sector. Last month HCI – via subsidiary Deepkloof – snapped up a 13% stake in Impact Oil and Gas (IOG) for around R180m. It seems HCI has […]

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14 Aug 2014 Mining

HCI SLIPS INTO OIL WITH OFFSHORE FIRM

INVESTMENT conglomerate Hosken Consolidated Investments (HCI) has broadened its exposure to the energy sector by snatching a stake in an offshore oil company. Earlier this week HCI, which already holds coal mining and soon to be unbundled natural gas production assets, bought a 13% stake in Impact Oil & Gas (IOG) through a subscription of […]

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27 May 2014 Mining

HCI COAL DISAPPOINTS, BUT ‘MAKES PROGRESS’

CAPE TOWN – Despite a scrappy performance by its coal ventures, investment conglomerate Hosken Consolidated Investments (HCI) holds high hopes for its fledgling mining operations. HCI Coal ended March with a 17% hike in revenue to R653m whittled down to R65m in pre-tax profits, almost unchanged from the previous financial year. At the interim stage […]

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2 Oct 2013 Mining

HCI SET TO RAMP UP COAL OPERATION WITH SECOND MINE

EMPOWERMENT investment group Hosken Consolidated Investments (HCI) — best known for its gaming and media interests — looks set to scour a rich seam in the coal sector with a second mine starting production this year. HCI’s coal-mining operations have mainly been concentrated on the Palesa Colliery with hitches in processing various regulatory steps delaying […]

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25 Sep 2013 Mining

AQUILA VOWS ACTION OVER ‘OVERLAPPING RIGHTS ISSUE’

THE Sydney-listed Australian junior miner Aquila Resources is considering legal action against South Africa’s Department of Mineral Resources over the granting of an “overlapping” prospecting right on one of its projects to a state-owned company. The company concerned — Pan African Mineral Development — is jointly owned by the South African, Zambian and Zimbabwean governments. […]

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3 Sep 2010 Mining

MODULAR JAW CRUSHERS SUPPLIED TO COAL MINE

Crushing, screening and materials handling solutions company Pilot Crushtec has supplied one of its biggest semimobile modular jaw crushers to HCI Khusela Coal for use at its Palesa coal mine, in Bronkhorslspruit. Pilot Crushtec sales director Graham Kleinhans, says that, while the brutish 42-1 Pilot Modular Trio MJ3254 is not the biggest crusher in the […]

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1 Sep 2010 Mining

MODULAR JAW CRUSHER SOLD TO COAL MINE

Pilot Crushtec recently sold its biggest semi- mobile modular jaw crusher, the 42 ton Pilot Modular/TRIO MJ3254, to HCI Khusela Coal for use at its Palesa mine near Bronkhorstspruit. “Although not the biggest crusher in our range, this is the biggest machine we carry in stock and is the first one of its size sold […]

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13 Aug 2010 Mining

COAL WASHING PLANT

Power generation in South Africa is heavily reliant on coal, but. before the coal can be used by Eskom, it must first be crushed, sized, washed and dewatered. This process is undertaken in coal washing plants and is most effectively achieved when a single company is able to undertake the engineering design, construction and commissioning […]

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1 Aug 2010 Mining

ENGINEERING EVOLUTION

In the four years since it was founded, engineering process company, K’Enyuka has become a significant linked enterprise to RSV, a company that has been in the sector for over twenty years, offering a vast spectrum of specialised engineering solutions to its clients. “In addition To mineral process plant engineering services, we have developed waler […]

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