http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.69Change: -0.05
R/$ = 12.32Change: -0.01
Au 1168.78 $/ozChange: -0.02
Pt 1083.00 $/ozChange: 1.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Apr 22, 2008

Daily podcast - April 22, 2008

Back
April 22 2008
 
 
 
Gold|Africa|Building|Copper|Eskom|Exploration|Mining|Storage|Africa|Energy|Solutions|Steel|Power
Gold|Africa|Building|Copper|Eskom|Exploration|Mining|Storage|Africa|Energy|Solutions|Steel|Power
gold|africa-company|building|copper|eskom|exploration|mining|storage|africa|energy|solutions|steel|power
© Reuse this This podcast is brought to you by Mercedes Benz Commercial - the right partner.



Tuesday, April twenty two, 2008

From Creamer Media in Johannesburg, I'm Shannon O'Donnell

Making headlines today:

The African National Congress' National Working Committee, or NWC, which last week called for a halt to the public-participation process being run by the National Energy Regulator of South Africa into Eskom's request for a 60% hike in the interests of broader consultation, agreed on Monday that the process should be allowed to continue.

ANC spokesperson Steyn Speed said that, while he had not received a full briefing on the outcome of the meeting, he understood that the ANC now planned to make a formal submission to Nersa, which would be independent to any presentation that might be made by government.

In a statement released after the gathering in Johannesburg, the NWC said the ANC remained committed "to finding solutions that serve the interests of the South African people, particularly workers and the poor, and which assist the process of economic growth, job creation and development".


Global steel production rose by five comma eight percent in March compared with the figure for the same month the previous year, to one hundred and nineteen comma five million tons, the International Iron and Steel Institute said on Monday, citing the sixty six countries that reported to it.

For the quarter ended March 31, the year-on-year rise was five comma six percent to three hundred and forty comma seven million tons.

China produced one hundred and twenty four million tons of crude steel during the three-month period, which represented an eight comma six percent increase. However, China's production for the month of March swelled by eleven comma five percent compared with March 2007, to forty four comma nine million tons.


Australia's biggest gold producer, Newcrest Mining, will earn a 50% stake in number-three African gold producer Harmony Gold's Papua New Guinea gold and copper assets by paying up to five hundred and twenty five million dollars, the two companies said on Tuesday.

The two would jointly operate the assets, which include the Hidden Valley mine that Harmony is building, as well as exploration tenements.

The Hidden Valley mine was expected to begin producing mid-2009, peaking at 300 000 ounces a year of gold in 2011.

Newcrest said that it would fund the deal from internal cash flows.


Also making headlines:

High oil price is dampening world growth says the IMF's Lipsky
EU support for carbon capture and storage is vital to reduce emissions
Tongaat Hulett to produce fuel-grade ethanol in Zimbabwe
Implats granted new-order right for Leeuwkop and is in talks to secure long-term power
Ecuador miners continue slide as uncertainty lingers
And, First Uranium plans 124-million dollar acid plant to lower costs

In political news:

Tsvangirai discusses Zimbabwe crisis with UN chief
South Sudan to demobilise army but fears violence
Ethiopia cuts ties with Qatar on terrorism charge
And, Zille vows to take the Erasmus commission to the Constitutional court

That's a round up of news making headlines today. For more on these and other stories, visit engineeringnews.co.za, miningweekly.com and polity.org.za

 


Edited by: Shannon de Ryhove
Creamer Media Senior Deputy Editor Polity & Multimedia
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Intellectual Property Law News
Pedestrian Door Solutions specialists, ASSA ABLOY Entrance Systems South Africa (Pty) Ltd., have supplied and installed a number of Besam entrance systems to medical facilities both in South Africa and outside the country’s borders that offer fast, convenient and...
Rubber-in-compression couplings, from Renold Hi-Tec, provide fail-safe operation on applications such as mine winders, hoists, draw-works on drilling rigs and industrial overhead cranes. The intrinsically fail-safe construction of the couplings protects both people...
More
 
 
Latest News
An end to wage negotiations within the local government sector could be in sight as a conciliator’s proposal, setting out a number of settlement suggestions to resolve the deadlock, was expected on Monday. The Independent Municipal and Allied Trade Union (Imatu)...
Development financier Eastern Cape Development Corporation (ECDC) executive Noludwe Ncokazi on Friday said the organisation had the “huge responsibility of ensuring business continuity”, following the resignation of ECDC subsidiary Automotive Industry Development...
South Africa’s second-largest oil refinery, Engen Refinery (Enref), is set to undergo a three-day planned maintenance outage from July 9 as part of an ongoing maintenance programme to ensure that the facility, which delivers a significant portion of South Africa’s...
More
 
 
Recent Research Reports
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Construction 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Electricity 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Road and Rail 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
 
 
 
 
 
This Week's Magazine
NHLANHLA NENE The main constraints to economic growth are domestic
Finance Minister Nhlanhla Nene earlier this month stated that, while South Africa’s 2015 economic growth target of 2% was achievable, it was not enough to deliver the tax revenue needed to combat the country’s challenges.
The World Steel Association has published the 2015 edition of the World Steel in Figures report, which shows an increase in steel production as well as provides an overview of steel industry activities from crude steel production to apparent steel use.
The 25-year master plan for Gauteng’s Aerotropolis project will go through a process of approval and adoption during June and July, says Aerotroplis project manager Jack van der Merwe. “We are also in the process of putting together a special purpose vehicle (SPV) to...
SOLAR PANELS The existing buildings in the Coega Industrial Development Zone lent themselves well to rooftop solar panel installations
The Coega Development Corporation (CDC) plans to fit 15 of its buildings, totalling 127 000 m2 of roof space, in the Coega Industrial Development Zone (IDZ), in the Eastern Cape, with solar panels.
The Supreme Court of Appeal’s (SCA’s) November 2014 judgment, ordering steel producer ArcelorMittal South Africa (AMSA) to hand over the 2003 Environmental Master Plan for its Vanderbijlpark steel plant to environmental pressure groups, confirmed the right of civil...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96