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Schalk Burger

Schalk Burger

Schalk Burger is Creamer Media Senior Contributing Editor for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

After 2017 consolidation, mining to pre-empt future metals demand – EY

20th February 2018 With stronger balance sheets across the mining and metals sector, miners are increasingly returning to an investment-led strategy, which is driving a renewed focus on building portfolios that deliver sustainable shareholder returns, says multinational consultancy Ernst & Young (EY). The focus... 

SNC-Lavalin secures 4yr maintenance contract with Shell South Africa

20th February 2018 SNC-Lavalin has been awarded a four-year maintenance service and support contract for ten fuel storage facilities for oil multinational Shell Downstream South Africa. The scope of work includes mechanical, electrical, instrumentation and piping maintenance related services for ten Shell terminal... 

Coega SEZ receives EIA approval for desalination, aquaculture zones

19th February 2018 The Coega Special Economic Zone (SEZ), in the Eastern Cape, has received environmental-impact assessment (EIA) approval for a 440 ha land-based aquaculture development zone (ADZ) and a desalination plant in Zone 10 of the Coega SEZ. “The approval of the EIA is a step towards fulfilling the Coega... 

SA Mint new coin releases include Mandela-focused Celebrating South Africa series

19th February 2018 South African Reserve Bank subsidiary, the South African Mint, has announced new collectables product ranges that will appear in the global coin market this year, including the ‘Celebrating South Africa’ series, which will commemorate the life of former President, distinguished Statesman and... 

Cryptocurrencies speculative, but blockchain can bring positive disruption – S&P’s

19th February 2018 Global ratings agency Standard and Poor’s (S&P’s) currently views cryptocurrencies as speculative instruments that will have an “insignificant effect on global financial stability if its value were to collapse”, but that blockchain – a shared digital transaction ledger – presents an opportunity... 

Emmerson and Evolution restructure Tennant Creek JV

19th February 2018 Joint venture (JV) partners Emmerson and Evolution Mining have agreed to restructure the Tennant Creek JV gold project, in the Northern Territory, to better align assets with the respective companies. Emmerson MD Rob Bills said on Monday that the company would retain a significant exploration... 

Whitehaven achieves record first-half profit

19th February 2018 New South Wales-based miner Whitehaven Coal has increased its sales revenue by 39% year-on-year to $1.15-billion and its net profit after tax by 63% year-on-year to $257.2-million in the six months ended December 31, 2017. Operating earnings before interest, taxes, depreciation and amortisation... 

Acacia considers selling stake in Tanzania operations

19th February 2018 Tanzanian gold miner Acacia Mining is considering the possible sale of a stake in some or all of its Tanzanian operations. “The company is engaging with a small number of potential investors, the process remains at a very early stage and there can be no certainty that an agreement will be... 

Test results support Cadoux project’s HPA flowsheet

16th February 2018 Metallurgical tests conducted as part of the prefeasibility study (PFS) at ASX-listed FYI Resources’ Cadoux Kaolin project, in Western Australia, have validated the high-purity alumina (HPA) flowsheet for the project. The outstanding metallurgical test results returned excellent leach extractions... 

Birimian settles tax issues through full disclosure

16th February 2018 ASX-listed lithium and gold exploration company Birimian has settled with the Australian Tax Office (ATO), which waived all penalties in relation to tax obligations after the Mali-focused company made voluntary disclosures of all its financial statements since August. The penalties were in... 

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