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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


Balwin expects to report lower FY18 earnings

28th February 2018 JSE-listed Balwin Properties expects to report a 23% to 28% year-on-year decrease in headline earnings a share and a 23.21% to 28.19% year-on-year decrease in earnings a share for the year ended February 28.       Balwin said in a trading statement on Wednesday that it has experienced delays in... 

African refiners conference to be held in March

28th February 2018 Major changes and hard decisions facing the downstream oil industry in Africa are high on the agenda of the African Refiners and Distributors Association (ARA), which will hold its thirteenth yearly conference, in Cape Town, from March 12 to 16. Amid oil companies’ divestment of assets and the... 

Sappi concludes Cham Paper acquisition

28th February 2018 JSE-listed Sappi has completed the acquisition of Cham Paper Group (CPG). The transaction includes the acquisition of CPG’s Carmignano and Condino mills, in Italy, as well as its digital imaging business in Cham, Switzerland. 

Lithium Australia buys lithium-ion cathode company

28th February 2018 ASX-listed Lithium Australia has received acceptances for 99.7% of the Very Small Particle Company’s (VSPC’s) issued capital. VSPC is an advanced cathode production technology for lithium-ion batteries and can precisely control the particle size and chemistry of cathode powders, using patented... 

Peak waiting on special mining licence for Tanzania rare earths mine

28th February 2018 ASX-listed Peak Resources’ special mining licence (SML) for its Tanzania-based Ngualla rare earths project has not yet been considered by government, owing to changes in Tanzanian legislation surrounding all mining activities in the country. The company said in a statement on Wednesday that... 

Eskom says will engage with ratings agencies following downgrade by S&P’s

28th February 2018 Power utility Eskom will continue to engage with ratings agencies and various stakeholders on the implementation and progress of its turnaround strategy, the State-owned entity’s acting CFO said on Wednesday. This follows after Standard & Poor’s (S&P’s) downgraded Eskom to CCC+. 

JRA invests in new asphalt plant to assist in road repairs

27th February 2018 The Johannesburg Roads Agency (JRA) has repaired 44 350 potholes across the city since the beginning of the 2017/18 financial year. The city currently has a backlog of R11.8-billion for upgrading the city’s 13 599 km road network, of which R7.1-billion is required for repairs to surfaced roads... 

Attacq lifts interim NAV, says transition to Reit on track

27th February 2018 JSE-listed Attacq reported a 10.1% increase in its net asset value to R23.51-billion for the six months ended December 31. The group generated distributable earnings a share of 38.9c, while its gearing ratio improved from 41.4% to 36.2%. 

Aveng outlines new business plan, posts H1 loss

27th February 2018 JSE-listed Aveng, which posted a headline loss of R335-million for the half year ended December 31, on Tuesday outlined details of the outcome of its strategic review, which involved a very “thorough and robust interrogation” of all parts of the business. The review was aimed at  identifying the... 

Passenger traffic at South African airports holds steady in Q4

26th February 2018 Growth in passenger numbers at South Africa’s nine airports held steady at just over 3% in the fourth quarter of 2017, with nearly 11-million arriving and departing passengers using South Africa's main airports during the quarter. This is according to the Airports Company South Africa’s (ACSA’s)... 


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