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Creamer Media Reporter

Beowulf is back drilling at Aitolampi, Finland

16th February 2018 Aim-listed Beowulf has started drilling at its Aitolampi graphite project, which forms part of the Pitkäjärvi 1 exploration permit in Finland. The company has plans to drill about 2 000 m, up to 15 drill holes, with the drilling programme split into two phases. The drilling contract has been... 

Petropavlovsk announces CFO resignation

16th February 2018 London-listed miner Petropavlovsk has initiated a search for a new CFO, following the resignation of Audrey Maruta, who will depart from the company on April 1. Maruta will leave after the 2017 audited accounts are approved and will also provide consultancy services to Petropavlovsk for several... 

M&R committed to deliver sub-Saharan power and water prospects as mega-project era draws to close

16th February 2018 The Power & Water business platform within JSE-listed engineering and construction group Murray & Roberts (M&R) is beginning to shift its attention from Eskom’s two megascale power station projects, in Limpopo and Mpumalanga respectively, to tackling a range of smaller opportunities in various... 

Engineering News iPhone and Android Apps available for free download

16th February 2018 Creamer Media’s readers continue to be part of the mobile revolution.  Over 20% of Creamer Media’s online readers view the websites on their mobile devices. To cater for this growing mobile readership Creamer Media offers an Engineering News Online app for iPhone and Android users.  These apps... 

Tribunal approves amendment to payment terms of AMSA’s R1.5bn settlement agreement

15th February 2018 The Competition Tribunal has approved a variation agreement allowing ArcelorMittal South Africa (AMSA) to pay the first R300-million instalment of its R1.5-billion fine in three tranches.   In late 2016, AMSA concluded a settlement agreement with the Competition Commission in terms of which it... 

Rio Tinto exercises option over Saskatchewan uranium assets

14th February 2018 Diversified mining major Rio Tinto has agreed to make a final cash payment of C$1-million to TSX-V-listed junior Pistol Bay to gain the remaining 25% interest in uranium properties in the Athabasca basin of Saskatchewan. The C block of uranium properties is under option to Rio Tinto, which has... 

Chaarat appoints new COO

14th February 2018 Aim-quoted Chaarat Gold has appointed Peter Carter as COO. The company, which is developing the Chaarat project in Kyrgyz Republic, said on Wednesday that Carter had more than 30 years' experience in openpit engineering, mine management and project development.  

Commission seeks penalty against SA Airlink for alleged predatory pricing

14th February 2018 The Competition Commission has referred regional feeder airline SA Airlink to the Competition Tribunal for prosecution on charges of alleged excessive and predatory pricing. The commission initiated an investigation into SA Airlink’s conduct with regard to the Johannesburg–Mthatha route after... 

Botswana Diamonds raises £500 000 for South Africa, Botswana exploration

14th February 2018 Aim-listed Botswana Diamonds has raised £500 000 to fund ongoing exploration in South Africa and Botswana. The funds were raised through the issue of 50-million shares to new and existing investors at a price of 1p a share. 

M&R committed to deliver sub-Saharan power and water prospects as mega-project era draws to close

14th February 2018 The Power & Water business platform within JSE-listed engineering and construction group Murray & Roberts (M&R) is beginning to shift its attention from Eskom’s two megascale power station projects, in Limpopo and Mpumalanga respectively, to tackling a range of smaller opportunities in various... 

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