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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

Email: newsdesk@engineeringnews.co.za

Murray & Roberts posts H1 loss

22nd February 2017 JSE-listed Murray & Roberts (M&R) on Wednesday reported an attributable loss of R60-million for the six months ended December 31. Revenue and profit from continuing operations were R10.7-billion and R119-million respectively for the period. 

SKA SA, Agri SA partner to benefit Karoo communities

22nd February 2017 Square Kilometre Array South Africa (SKA SA) and Agri SA have signed an agreement to ensure that local communities of the Karoo benefit from the SKA project. The SKA project is an international effort to build the world's largest radio telescope. 

Adcock Ingram geared for growth after positive H1 results

22nd February 2017 Each of JSE-listed Adcock Ingram’s business units had posted “solid performances” in the six months to December 31, achieving good growth in turnover and good cost control. The group on Wednesday reported a 70% increase in earnings a share and a 49% increase in headline earnings a share for the... 

Bacanora buys 50% stake in German lithium project

21st February 2017 Aim- and TSX-V-listed Bacanora will acquire a 50% stake in the Zinnwald lithium project, in Germany, from European solar panel producer SolarWorld for €5-million, plus an undertaking to invest a further €5-million on a feasibility study (FS). The FS is expected to take 18 to 24 months to complete. 

Downstream steel industry not supportive of AMSA’s lobby for tariff protection – Neasa

21st February 2017 The National Employers Association of South Africa (Neasa) on Tuesday requested that steel producer ArcelorMittal South Africa (AMSA) withdraw its plea to the downstream steel industry to join it in a united lobbying effort for higher levels of tariff protection on both primary and value-added... 

Gibela worried over impact of Duduza unrest on Dunnottar plant construction

21st February 2017 Gibela Rail Transport Consortium has expressed concern over ongoing community unrest in Duduza, in Ekurhuleni, which is impacting on construction activities at its R1-billion Dunnottar train manufacturing plant. It said on Tuesday that the disruption to the time-sensitive construction work at the... 

Bytes Technology Group partners with empowerment group

20th February 2017 Bytes Technology Group has sold a 51% stake in its Bytes Conference Centre business to 51% black women-owned and -managed IYAVAYA HR Solutions. The partnership became effective in January. 

Metallon reports 40% y/y Ebitda improvement

20th February 2017 Zimbabwe-focused gold producer Metallon Corporation grew its earnings before interest, taxes, depreciation and amortisation (Ebitda) by 40% to $18.6-million in 2016, from $13.3-million in 2015.  “2016 was a year of positive progress for Metallon. The business delivered an outstanding Ebitda . . .... 

Petmin expects lower interim HEPS; basic earnings to increase by 216%

20th February 2017 JSE-listed Petmin expects its basic earnings a share for the six months ended December 31, to be about 216% higher year-on-year at 8.3c, compared with a loss of 7.15c for the six months ended December 31, 2015. Petmin had incurred a R115-million impairment on the investment in the Veremo project... 

Goldplat maintains H1 profitability

20th February 2017 Aim-listed Goldplat has continued to improve its profitability during the six months to December 31, with pre-tax profit up 238% year-on-year to £1.33-million. “At the operating level the profit was £1.01-million. Cash and cash equivalents at the end of the period stood at £885 000,” chairperson... 

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