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Anine Kilian

Anine Kilian

Anine Kilian is a Creamer Media Contributing Editor Online for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

ELB gets go ahead to start construction at Ngodwana biomass plant

16th April 2018 JSE-listed ELB’s ELB Engineering subsidiary, together with its project partner, KC Cottrell, has received notice to proceed with the building of a 25 MW biomass power plant for Ngodwana Energy following the successful bid in terms of the Renewable Energy Independent Power Producer Procurement... 

4Sight to establish JV in China

16th April 2018 JSE-listed 4Sight Holdings has signed an agreement with Chinese company Shenzhen Rongmei Science and Technology (RM) to establish a 50:50 joint venture (JV) in China. 4Sight said in a statement on Monday that it aims to expand its business operations, opportunities and customer footprint in the... 

Amur raises projected earnings forecast

16th April 2018 Aim-listed Amur Minerals has reported a 78% increase in projected earnings for its Russia-based nickel/copper sulphide Kun-Manie project. The company said on Monday that the projected earnings before interest, tax, depreciation and amortisation (Ebitda) had increased by 78.75% to $2.7-billion,... 

DBSA appoints new CFO

16th April 2018 Boitumelo Mosako has been appointed CFO of development finance institution the Development Bank of Southern Africa (DBSA), effective April 1. Prior to joining the DBSA, she served as the CFO at the South African Bureau of Standards. 

Polymetal swaps Russian property for Kazakhstan deposit

16th April 2018 Gold miner Polymetal has reached an agreement with the Russian Copper Company in which it would exchange its Tarutin property, in Russia, for the East Tarutin property, in Kazakhstan. The asset-swap deal would give Polymetal an 85% stake in the East Tarutin property, which CEO Vitaly Nesis said... 

Bluebird reports ongoing progress at South Korea mines

16th April 2018 Asia-focused Bluebird Merchants has commissioned a water-treatment plant at the Gubong mine, in South Korea. The plant will ensure that water being released from the mine, which Bluebird plans to reopen, meets acceptable standards. 

Fairvest raises R250m in new equity

13th April 2018 JSE-listed real estate investment trust Fairvest has raised R250-million in new equity at R2.20 a share to finance the company’s Barra Precinct acquisition, which was announced in December. The transaction was heavily oversubscribed and the company increased the amount raised owing to strong... 

Grit buys Mozambique property from Tradehold

13th April 2018 JSE-listed Grit Real Estate and Tradehold on Friday announced a $23-million Mozambique property transaction in which Grit would buy an A-grade corporate residential complex, known as Acacia Estate, in Maputo, from Tradehold. Grit has signed an agreement with Tradehold Africa, TC Maputo, Cognis 1... 

Same-day delivery to be the norm by 2022, survey finds

13th April 2018 Manufacturers, transportation and logistics firms and retailers are moving to meet the growing needs of the on-demand economy, in which the online buying, smartphone-wielding consumer expects a seamless, faster purchasing journey, a global survey has shown. The ‘Future of Fulfilment Vision... 

Forevermark launches in Indonesia

12th April 2018 The De Beers Group has launched its Forevermark diamond brand in Indonesia. For the market launch, Forevermark will partner with Indonesia’s premier jewellery company, Central Mega Kencana (CMK).  

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