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Creamer Media Reporter

Outa moves to freeze Gupta mines’ rehabilitation trust fund accounts

21st September 2017 The Organisation Undoing Tax Abuse (Outa) plans to bring about an urgent interdict against the Bank of Baroda to freeze the R1.75-billion held in the Gupta-owned Optimum and Koornfontein coal mines’ rehabilitation trust fund accounts. The group on Thursday said in a statement that the interdict... 

Ideas that work for industrial development. The 6th CSIR Conference

21st September 2017 The 6th Council of Scientific and Industrial Research (CSIR) Conference themed ‘Ideas that Work for Industrial Development’, will take place at the CSIR International Conference Centre, Pretoria East on October 5 and 6 this year. 

Commission invites submissions for data services market inquiry

20th September 2017 The Competition Commission on Wednesday invited stakeholders wishing to participate in its market inquiry into data services to make formal submissions. Submissions would close on November 1. 

Connemara plans further drilling in Donegal

20th September 2017 Explorer Connemara Mining will initiate further drilling at its Inishowen project as part of its gold exploration programme in Donegal, Ireland. The diamond drilling, which will start on September 25, is aimed at establishing if the gold-bearing veins discovered last year extend across the licence. 

Premier sells forestry interests to focus on lithium, tungsten assets

20th September 2017 Multicommodity mining and natural resources development company Premier African Minerals will sell its 52% interest in TCT Industrias Florestais (TCT IF), which principally owns a limestone deposit and forestry interests, in Mozambique, to Amire Glory. Aim-listed Premier will retain a 50%... 

Seifsa supports Empowered Engineering and Manufacturing initiative

20th September 2017 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has partnered with Smart Procurement World to launch the Empowered Engineering and Manufacturing initiative, which is aimed at driving economic transformation and industrial progress in engineering and manufacturing. “The... 

Quantum Foods confirms avian flu outbreak at two Western Cape layer farms

20th September 2017 Food and poultry company Quantum Foods will quarantine and depopulate two of its commercial layer farms in the Western Cape after an outbreak of avian influenza. Although the outbreak was confirmed at only two layer houses, the company has, as a preventive measure, decided to depopulate the two... 

W Resources planning new drilling campaign at Tarouca, Portugal

20th September 2017 Aim-listed W Resources has been granted a two-year licence extension for exploration at Tarouca, near its Régua project, in Portugal, paving the way for a new drilling campaign. Tarouca is about 20 km from Régua and has the potential to enhance and expand the Régua development, W Resources... 

Development of Rainbow Rare Earths’ Burundi project advancing on schedule

19th September 2017 LSE-listed Rainbow Rare Earths has started mining ore from the Gasagwe pit at its Gakara rare earth project, in Burundi. CEO Martin Eales on Tuesday said the company was firmly on track to deliver its first shipment of concentrate from the mine in the fourth quarter of this year. 

Consortium to acquire 30% stake in Ethos Private Equity

19th September 2017 RMI Investment Managers and Royal Investment Managers (RIM) will, as the RMI & RIM Consortium, acquire a 30% interest in private equity investment firm Ethos Private Equity through a series of transactions. The transactions will include a vendor-facilitated black economic empowerment component... 

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