http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.55Change: 0.01
R/$ = 12.17Change: -0.01
Au 1173.07 $/ozChange: -1.44
Pt 1078.00 $/ozChange: -1.50
 
 
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  
 
 
Aug 21, 2008

Daily podcast – August 21, 2008

Back
August 21 2008
 
 
 
Gold|Diesel|Eskom|Housing|Platinum|PROJECT|Resources|Environmental|Power|Diesel
Gold|Diesel|Eskom|Housing|Platinum|PROJECT|Resources|Environmental|Power|
gold|diesel-company|eskom|housing|platinum|project|resources|environmental|power|diesel
© Reuse this This podcast is brought to you by Mercedes Benz Commercial - the right partner.

Thursday, August twenty-one, 2008.

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

Making headlines today:

T-Sec economist Mike Schussler said on Wednesday that a "big drop" in the petrol price is expected in September.

Schussler said he saw petrol dropping around R1 a litre - or even more. He expected diesel to drop by R1,45 a litre.

However, even if the decrease in the petrol price is as large as expected in September, petrol would still be up 38% compared with a year ago.

He expected petrol to drop month-on-month by 9,6%. This would be the largest month-on-month drop in the last ten-and-a-half years.

Diesel would see a month-on-month drop of 14,1% - the biggest month-on-month decrease in two decades.


Pallinghurst Resources CEO Brian Gilbertson said on Wednesday that Platinum-group metals were a "very much misunderstood" group of metals that "the world just wouldn't operate without".

He was speaking at the listing of his new company on the main board of the Johannesburg Stock Exchange.

Gilbertson said the metal was a critically vital element, with 80% of the world's reserves being in the Southern African region.

(audio clip)

DME chief inspector of mines Thabo Gazi said on Wednesday that Government had completed audits on all the 300-plus high-risk mines. He said the report would be released "soon".

The audit was ordered by President Thabo Mbeki late last year, following an incident in which 3 200 workers were trapped underground at a Harmony Gold mine

Gazi would not commit to a time when the findings would be released, or if the DME had delivered the report to Mbeki yet.


Also making headlines:

Cape Town's largest-ever housing project seeks to cut reliance on Eskom power
Eskom says an environmental delay is unlikely to move the PBMR's final project deadlines
Chevron opens its R107-million wastewater treatment plant in Milnerton
Minefinders chief says the Mexican government and miners need to take a firm stand against 'extortion'
Kimberley Consolidated Mines gets government's go-ahead for bulk diamond sampling
And, DRDGold says its Ergo section contains 1,7-million ounces of gold

In political news:

The Johannesburg High Court hears the Hlope case
Floor-crossing is to be swept under the carpet
Robert Mugabe is to open parliament on Tuesday despite a warning that such a move would endanger crucial power-sharing talks
And, Russia says its troops are to leave Georgia

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
Updated 6 hours ago Gauteng Premier David Makhura recommitted the provincial government’s support to the revival of Gauteng’s manufacturing base, telling the second yearly Manufacturing Indaba on Tuesday that policymakers would drive legislation that created an environment in which the...
The Competition Commission has reached a settlement agreement with Japanese shipping liner Nippon Yusen Kabushiki Kaisha (NYK) for contravening the Competition Act in the transportation of motor vehicles to and from South Africa by sea. This settlement followed the...
State-owned aerospace and defence technology conglomerate Denel on Tuesday launched a book to demystify defence technology to South African learners and attract them to the defence industry’s career opportunities, while creating greater awareness about innovation and...
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
JSE-listed Afrimat will make a cash offer to acquire the entire remaining issued share capital of subsidiary Infrasors that it does not already own.
TEAMWORK Aggreko Europe, Middle East & Africa MD David Taylor-Smith; Aggreko Zambia chairperson Dr. Sixtus Mulenga; Aggreko Africa MD James Shepherd
Temporary power generation services provider Aggreko announced earlier this month that it had appointed Dr Sixtus Mulenga as nonexecutive chairperson of Aggreko Zambia, a move it believed was integral to the ongoing expansion of its operations in Zambia and the rest...
Major global aircraft manufacturer Airbus Commercial Aircraft is maintaining a steady course. "I don't have any big news, good or bad," company President and CEO Fabrice Brégier told international aviation journalists in Toulouse, France, at the company’s recent...
MEASURING DEVICES Bosch has released a mobile app that enables the measurements made with measuring devices to be sent and used directly on the app for accuracy and on-site quoting
Industrial tool manufacturer Bosch has increased the compatibility of many batteries in its range of blue industrial power tools and has released mobile-device applications (apps) for users of the tools, says Bosch South Africa training manager Peter du Bruyn. Many...
The new Nissan Navara has been launched onto the global market, but Nissan South Africa (NSA) will only know in August whether the local Rosslyn plant will assemble the one-ton pickup. The NSA plant currently produces the old NP300 Hardbody one-ton bakkie, as well as...
 
 
 
 
 
 
 
 
 
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