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Chanel de Bruyn is Creamer Media Senior Deputy Editor Online for Engineering News and Mining Weekly.
Mondelēz to add Cocoa Life symbol to its chocolate products
Global snack maker Mondelēz International has announced plans to add the message “Helping Farmers to Grow” on its chocolate products. The company indicated that this means it will not only...
Glencore’s DRC settlements should allay fears about asset seizure – analyst
Diversified miner Glencore’s settlement, this week, of various disputes with entities in the Democratic Republic of Congo (DRC), should allay investor concerns about the risk of a seizure of its...
Mandate Paper 2018 to set tone for government spending – Radebe
Government will set a cap on the use of consultants, place limits on what it spends on litigation and penalise departments and State entities for bad governance by withholding transfers and...
Trade surplus falls to R9bn in July
South Africa's trade surplus slid to R8.99-billion ($688-million) in July from a revised R10.56-billion surplus in June, data from the revenue agency showed on Thursday. Exports fell 8.7% to...
Barclays Africa plans Kenya gold ETF listing early this year
Barclays Africa Group is preparing to list its NewGold ETF on the Nairobi Securities Exchange after receiving regulatory approval to begin trading the securities. “We expect the listing to take...
Peak Resources sees bright future for Tanzania magnet metals project
A focus on high-value rare earths and the use of a tailor-made beneficiation process bodes well for Tanzania-focused Peak Resources. The ASX-listed company is developing the Ngualla rare earths...
Eskom implements stage 1 load-shedding
Eskom has announced that it will implement stage 1 load-shedding from 17:00 on Friday, which is likely to continue until 22:00 this evening. "This is due to increased electricity demand and a...
Applications open for African entrepreneurship prize
African entrepreneurs under the age of 22 have until April 15 to submit applications for the fifth Anzisha Prize, which aims to identify Africa’s most exciting young social and business entrepreneurs.
Star Fish – Top 10 sustainable fish
In this surprisingly funny, surprisingly fascinating read, author Daisy Jones takes you on an epic road trip to meet the farmers, conservationists, fishermen and scientists who will protect the top...
Glencore's Mopani warns of possible investment cuts, job losses as VAT refunds withheld
The CEO of Zambia-focused Mopani Copper Mines has warned that the withholding of value-added tax (VAT) refunds due to copper mining companies by the Zambian government, may negatively impact the...
Rand flat but vulnerable to more weak data
South Africa's rand was largely flat against the dollar on Tuesday but could come under pressure ahead of the Reserve Bank's latest quarterly bulletin, which is expected to show a sizeable widening...
Rio Tinto H1 earnings down amid softer commodity prices
Lower commodity prices in the six months to June 30 contributed to diversified mining giant Rio Tinto reporting lower earnings for the period. The group on Thursday posted a 71% drop in first-half...
New Cesa CEO aims to strengthen measures to counter corruption
As the new CEO of Consulting Engineers South Africa (Cesa), Lefadi Makibinyane has made it his primary focus to ensure that the consulting engineering sector delivers quality service and that there...
New Cesa CEO strives to strengthen measures to counter corruption
As the new CEO of Consulting Engineers South Africa (Cesa), Lefadi Makibinyane has made it his primary focus to ensure that the consulting engineering sector delivers quality service and that there...
Govt’s effectiveness in stabilising mining sector questioned
Government had failed to play an effective facilitative role and to create a predictable and stable environment in the local mining industry, Webber Wentzel partner and head of Africa mining and...
Government’s effectiveness in stabilising mining sector questioned
Government has failed to play an effective facilitative role and to create a predictable and stable environment in the local mining industry, Webber Wentzel partner and head of Africa mining and...
Telkom considering impairment of legacy assets
Analysts have viewed Telkom’s announcement that its board of directors is considering impairing the carrying value of its legacy network as a positive move. Telkom group CEO Sipho Maseko on...
Centamin to pursue further opportunities in Ethiopia
Egypt-focused gold miner Centamin, which is facing ownership challenges at its flagship Sukari mine, could diversify geographically and was considering further opportunities in Ethiopia. Aim-listed...
DoE to review electricity roadmap once bigger energy plan finalised
The Department of Energy (DoE) will work towards finalising an Integrated Energy Plan (IEP) for South Africa during the current financial year, Energy Minister Dipuo Peters said on Tuesday....
Tough trading conditions mute Cashbuild’s revenue growth
Building materials retailer Cashbuild reported marginal year-on-year revenue growth of 1% during the third quarter of its 2013 financial, as tough trading conditions continued. Nine new stores...
Goldplat to start development on third recovery operation by year-end
With its two existing gold recovery operations in Africa performing “solidly”, Aim-listed Goldplat was planning to start development on a third such operation by the end of this year. In a...
Botswana Diamonds granted exclusivity period extension
Aim-listed Botswana Diamonds has been granted an extension to an agreement, signed in February, providing it with a three-month exclusivity period to review data on 13 licence blocks in the Gope...
Gem Diamonds Q1 output down 38% on lower grades
LSE-listed Gem Diamonds’ output for the first quarter of 2013 fell by 38% to 18 775 ct, compared with the 30 181 ct in the fourth quarter of 2012, mainly owing to the lower quality diamonds mined...
Harmony to report lower output for March quarter
Multi-listed Harmony Gold on Monday warned that its gold output for the quarter ended March 31, 2013, would be about 15% lower than the 291 734 oz produced in the quarter ended December 2012. The...
Range River offer ‘inadequate, opportunistic’ – Firestone
Dual-listed Firestone Energy again on Monday advised its shareholders to reject the hostile takeover offer by ASX-listed Range River Gold. In a statement to shareholders, Firestone CEO David Knox...
Centamin sets 320 000 oz output target for Sukari
Egypt-focused gold miner Centamin expects to produce 320 000 oz of gold, at a cash operating cost of $700/oz, at its Sukari mine this year. This would represent a 22% increase on the 262 958 oz...
Clover, Nestlé merge water, ice tea operations
JSE-listed Clover on Friday announced that it would acquire Nestlé South Africa’s Doornkloof property, bottled water manufacturing facility and water rights for R58-million in shares in a new joint...
Penumbra mine on track to reach steady-state production by June
JOHANNESBURG (miningweekly.com) – South African thermal coal producer Continental Coal on Tuesday said its Penumbra coal mine was on track to reach steady-state production of about 63 000 t a month...
Diamond tender earns Namakwa $970 000
A February tender of rough diamonds produced by Aim-listed Namakwa Diamonds’ South African subsidiaries earned the company about $970 000 in revenue. The company sold 1 962 ct at an average price...
Sibanye confirms Beatrix 4 shaft production resumes
JSE- and NYSE-listed Sibanye Gold on Tuesday confirmed that partial production at its Beatrix 4 shaft had resumed on Monday, in line with expectations. Operations at the mine were suspended on...
Partial production at Beatrix 4 shaft to resume Monday
Partial production at JSE- and NYSE-listed Sibanye Gold’s Beatrix 4 shaft would resume on February 25, with the mine expected to have lost 1 029 oz of gold during the four-day suspension....
Resgen starts Boikarabelo mine construction
ASX- and JSE-listed Resource Generation (Resgen) on Thursday said construction activities at its $630-million Boikarabelo coal mine, in Limpopo, had started, in line with earlier announcements....
Sibanye suspends Beatrix 4 shaft ops following fire
Newly listed Sibanye Gold has suspended operations at its Beatrix 4 Shaft, after a fire broke out in a raise line on 20 Level on Tuesday. Beatrix mine management and mine rescue teams have...
Competition Tribunal approves East Rand Mall acquisition
The Competition Tribunal has unconditionally approved the acquisition by property loan stock group Redefine and Vukile Property Fund of the East Rand Mall, in Boksburg, from Sanlam Life Insurance...
Penumbra mine on track to reach steady-state production by June
South African thermal coal producer Continental Coal on Tuesday said its Penumbra coal mine was on track to reach steady-state production of about 63 000 t a month by June. The coal mining and...
Lonmin Dec output ahead of ramp-up target
Platinum miner Lonmin on Thursday reported that its production for the quarter ended December 31, 2012, had “substantially exceeded” its planned production ramp-up following labour disruptions late...
Jubilee buys site for ConRoast facility in Middelburg
JSE- and Aim-listed Jubilee Platinum announced on Tuesday that it would acquire a brownfields smelting facility, in Middelburg, in South Africa’s Mpumalanga province, for $14-million, to become the...
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