May 13, 2008
Daily podcast - May 13, 2008Back
Johannesburg|Energy Intensive Users Group|Eskom|Free State|Mitsubishi|MTN|Pamodzi|Rio Tinto Alcan|Wall Street Journal|Africa|Congo|South Africa|Uganda|United States|Coega Smelter|Aluminium Producer|Energy-intensive Projects|Steel|African National Congress|Jacob Maroga|Ndaba Ntsele|Paul Van Niekerk|Peter Steenkamp|Robert Valdmanis|Steyn|Willie Madisha|Middle East
© Reuse this This podcast is brought to you by Mitsubishi Fuso - you can rely on us.
From Creamer Media in Johannesburg, I'm Shannon O'Donnell.
Making headlines today:
World number-one aluminium producer Rio Tinto Alcan said on Monday that the task team looking into the timing of its planned aluminium smelter at Coega was making good progress, and that the firm still viewed South Africa as a "good place to do business".
Director of communications and external relations for the Coega smelter, Robert Valdmanis, said that the company was not phased by reports of the ruling African National Congress embarking on a review of energy-intensive projects "in line with the country's strategic needs".
In fact, he said that Rio Tinto Alcan would gladly work with the party to examine how the proposed project would benefit the country, but that nobody had contacted the firm to this end thus far.
The Energy Intensive Users Group, or EIUG, comprising Eskom's biggest industrial customers, was sceptical of the utility's ability to continue through winter without load shedding, and was waiting for a date to meet with its CEO Jacob Maroga, Paul van Niekerk, a technical advisor to the group, said on Monday.
This was after many of the EIUG members continued to ration themselves to a power usage level of 90% of their normal demand.
Van Niekerk said that some of the group's members had spent "huge amounts" on making alternative power arrangements.
He raised questions over the sustainability of Eskom's load shedding suspension ahead of winter, when power use was traditionally higher.
Gold junior Pamodzi was looking to buy more gold mines, chairperson Ndaba Ntsele said on Monday.
Ntsele said that the company was talking to its neighbours in both Orkney and the Free State to buy adjacent mines.
This follows Pamodzi's recent take over at President Steyn gold mine in the Free State and also Orkney gold operations in the North West Province. The company's other two operations are on the East Rand and West Rand.
Pamodzi CEO Peter Steenkamp said Pamodzi's new North West Shaft on the East Rand, which was officially opened on Monday, would be producing at a rate of 30 000 tons a month at a gold grade of three to four grams a ton, in addition to the current 90 000 tons a month of underground East Rand production.
Also making headlines:
Africa mobile subscriber grows 33% says GSMA
In political news:
Attacks on immigrants dent South Africa's image
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© Reuse this Comment Guidelines
Other Intellectual Property Law News
Updated 5 hours ago The African Development Bank’s (AfDB’s) board of directors on Wednesday approved a $20-million trade finance line of credit to be provided to housing and habitat company Shelter Afrique (SHAF) to boost the availability of trade finance instruments to small and...
Updated 5 hours ago South African construction group Murray & Roberts (M&R) on Wednesday said the proposed acquisition of the outstanding shares in Australian company Clough had been implemented, making Clough a wholly owned subsidiary of the group. M&R, which previously already held a...
Updated 6 hours ago French nuclear vendor Areva has welcomed the publication of the draft Integrated Resource Plan (IRP) update report, notwithstanding its proposal that the integration of new nuclear capacity should be delayed and scaled back, or even abandoned entirely should the...
Recent Research Reports
Defence 2013: A review of South Africa's defence industry (PDF Report)
Creamer Media’s 2013 Defence Report examines South Africa’s defence industry, with particular focus on the key players in the sector, the innovations that have come out of the defence sector, local and export demand, South Africa’s controversial...
Road and Rail 2013: A review of South Africa's road and rail infrastructure (PDF Report)
Creamer Media’s Road and Rail 2013 Report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move...
Liquid Fuels 2013 (PDF Report)
Creamer Media’s 2013 Liquid Fuels report examines South Africa’s liquid fuels market, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing,...
Projects in Progress - Second Edition (PDF Report)
Creamer Media’s second Projects in Progress supplement considers some of the major project developments under way, including high-profile energy and transport projects, as well as a few of the lower-profile public and private developments. What remains apparent is...
Water 2013: A review of South Africa’s water sector (PDF Report)
Creamer Media’s Water 2013 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Canadian Mining Roundup for June 2013 (PDF Report)
The June 2013 roundup includes details of the development of TSX-V-listed Aldridge Minerals’ flagship Yenipazar polymetallic project, in Turkey; the Canadian Nuclear Safety Commission’s renewal of Cameco’s uranium mining licence pertaining to the Cigar Lake...
This Week's Magazine
Mitsubishi Motors South Africa (MMSA) has introduced a 4x2 derivative of its Pajero Sport sports-utility vehicle (SUV), which will give it access to a substantial slice of the full-size SUV market, where it will compete with the likes of the Ford Everest, Chevrolet...
South African Energy Minister Ben Martins has affirmed that the government wants the country to be globally competitive in the nuclear sector. "Our responsibility has always been ... to ensure that, in nuclear energy, South Africa can compete with the rest of the...
Mercedes-Benz South Africa (MBSA) president and CEO Dr Martin Zimmermann describes the new S-Class as “a special place to be”, with the car creating a sense of “wellness” once you are seated inside the German brand’s flagship model. It is difficult to argue...
Water scarcity and water-quality issues are broadly recognised and understood in most political, business and civil organisations in South Africa, but solving water issues will require wide and continuous action in catchments and municipalities by organisations and...
Work is well under way on the R212-million Imvutshane dam, 30 km north-west of Stanger, in KwaZulu-Natal, which is a key link in supplying people in rural Maphumulo with a reliable source of safe drinking water.