Copper Case Studies & News

Graphite Freezline Solutions opens

Graphite Freezline Solutions opens. A new graphite facility, Graphite Freezeline Solutions, was opened at  Thos Begbie’s manufacturing campus in Middelburg. It will reduce the time to manufacture products that include

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Global quality status boosted by Dekra

Global quality status boosted. The same-site working relationship that Thos Begbie has established with global quality inspectorate Dekra Industrial RSA is giving the prolific exporter of copper castings a commercial edge in

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Foundry involved in product development

Foundry involved in product development. South Africa-based foundry and engineering company Thos Begbie is developing a critical furnace component as part of a cooperation agreement with a major Canada-based consulting firm.

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  • Pensana to assume responsibilities at Tanzanian gold project

    LSE- and ASX-listed Pensana Rare Earths will assume its responsibilities in the Miyabi exploration gold project, in Tanzania, with immediate effect, through private company Drillcraft. Drillcraft is based in Mauritius and has an established operational base in Tanzania.

  • MRC unveils plan for Norway anode plant using Australia graphite

    Australia-listed MRC on Monday outlined its plans to develop a vertically integrated graphite business, from mine to the production of active anode materials, announcing the outcomes of a prefeasibility study (PFS) to build a dedicated active anode materials plant (AAMP) in Norway. The AAMP would initially be built to produce up to 10 000 t/y of active anode material, supplied with high-grade graphite concentrate from MRC’s Skaland operations, in the Northern part of Norway. Production from Skaland would ramp up from 10 000 t/y in 2020 to 16 000 t/y in 2023, to supply module one of the AAMP.

  • AVZ ups stake in DRC lithium/tin project to 75%

    Mineral exploration company AVZ Minerals has revealed that it will boost its equity stake in the Manono lithium/tin project, in the Democratic Republic of Congo (DRC), to 75% in a $15.5-million share shale purchase agreement. The ASX-listed company will buy an additional 10% equity stake in the project from its joint venture partner, Dathomir Mining. Under the agreement, AVZ has paid $500 000 to Dathomir Mining as an advance payment. The remaining $15-million will be paid at any time within 12 months of the agreement being executed, or as soon as AVZ secures a minimum of $50-million project financing.

  • AngloGold reinstates guidance on growing certainty

    Gold mining company AngloGold Ashanti on Monday reinstated annual guidance on improved operating certainty amid the Covid-19 pandemic and in anticipation of the conclusion of the sale of its South African assets at the end of this month. All conditions precedent have been met with respect to the sale of its remaining mines in South Africa to Harmony Gold and the transaction is scheduled to close on September 30, when Harmony will assume full ownership and operation of all assets and liabilities that form part of the transaction.

  • Acquisitions on the backburner for Implats after C$1bn Canada buy

    South Africa-based platinum group metals (PGMs) major Impala Platinum (Implats) CEO Nico Muller has ruled out any near-term merger and acquisition activity and has said the group will instead reinvest in its current business units. Participating in the 2020 Denver Gold Forum Americas conference, he said on Sunday that PGM prices were elevated and that assets were priced accordingly. “We do not believe it is in our best interest to go on a major acquisition spree at the moment,” Muller said on the first day of the event, which is being held virtually.

  • BLSA’s Mavuso calls for urgency in implementation of economic recovery plan

    South Africa’s move to Alert Level 1 in the Covid-19-induced lockdown is “the right one”, as this means that more of the economy can function, and “more people can get back to work”, says Business Leadership South Africa (BLSA) CEO Busi Mavuso. In her weekly newsletter on September 21, Mavuso comments that reopening the borders in time for the peak tourism season will help “the decimated hotels and leisure industry” to start to recover, marking the first step in South Africa’s recovery process.

  • Comair’s business rescue plan has been approved

    The proposed business rescue plan for private-sector airline group Comair was approved by a decisive majority on Friday. Comair operates the British Airways in South Africa and Kulula low cost carrier brands. The preferred investment consortium for the group is composed of several former members of the Comair board and executive management. This consortium will inject new equity of R500-million into the group and receive 99% of its shareholding in return (after the business rescue plan’s suspensive conditions have been met). Up to 15% of the shareholding will be transferred to an appropriate broad-based black economic empowerment partner within 12 months.

  • AngloGold reinstates guidance on growing certainty

    Gold mining company AngloGold Ashanti on Monday reinstated annual guidance on improved operating certainty amid the Covid-19 pandemic and in anticipation of the conclusion of the sale of its South African assets at the end of this month. All conditions precedent have been met with respect to the sale of its remaining mines in South Africa to Harmony Gold and the transaction is scheduled to close on September 30, when Harmony will assume full ownership and operation of all assets and liabilities that form part of the transaction.

  • Goodyear South Africa attains Level 6 BBBEE Contributor Status

    Tyre and rubber manufacturer Goodyear South Africa has attained Broad-Based Black Economic Empowerment (BBBEE) Level 6 Contributor Status under the Amended Codes of Good Practice. This is an improvement on the Level 8 status it achieved in 2015.

  • Busa’s Pityana stresses need for approval, implementation of Economic Recovery Action Plan

    Business Unity South Africa (Busa) President Sipho Pityana has called for a “more empathetic approach” with South Africa recently passing two important milestones on the road to salvaging its battered economy. These milestones comprise the Covid-19 lockdown having been scaled down to Alert Level 1, as well as the announcement of a conclusive agreement at the the National Economic Development and Labour Council between government, labour, community representatives and organised business on a new Economic Recovery Action Plan.

A company with a colourful history of over 133 years with a culture of excellence, that simply would not lie down and die.