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Thirty-Seven Partners and Eleven Practice Areas listed

     24th October 2017 Fasken Martineau is pleased to be once again included in the IFLR 1000 Financial and Corporate 2018 guide as among the world's leading financial and corporate law firms. Of the 37 partners profiled, 21 are “Highly Regarded Individuals”: Jon Holmstrom, Marc Novello, John Torrey, Stephen Erlichman,... 

Global steel production for 9 months to Sept up 5.6% y/y

By: Anine Kilian     23rd October 2017 Global crude steel production for the first nine months of this year reached 1.27-billion tonnes – a 5.6% year-on-year increase. The World Steel Association (worldsteel) on Monday reported that Asia had produced 876.3-million tonnes of crude steel in the first nine months of this year, an... 

Flights are going to get a lot more bumpy, says new research

By: Irma Venter     20th October 2017 Flights all around the world could be encountering lots more turbulence in the future, according to the first ever global projections of in-flight bumpiness.   A new study published online in Geophysical Research Letters, a journal of the American Geophysical Union, has calculated that climate... 

New era of disruption

By: Saliem Fakir     20th October 2017 Perhaps the recent multiple attacks of extreme weather – hurricanes Harvey, Irma and Maria – do not only tell us that fierce weather is the new normal, but changes in weather, together with other global shifts and crises, are forcing us to acknowledge that we are moving into an era of greater... 

Woodside reports higher revenue in Sept quarter

By: Esmarie Swanepoel     19th October 2017 Australian oil and gas producer Woodside Petroleum has reported increases in sales volumes and revenues for the three months to September, compared with the previous quarter. Oil and gas production for the three months to September reached 20.3-million barrels of oil equivalent, which was down... 

El Nino contributes to new high in carbon dioxide levels

By: News24Wire      16th October 2017 The amount of atmospheric carbon dioxide (CO2) in our world is likely to top 410 parts per million (ppm) this year. The CO2 measured at the Mauna Loa Baseline Atmospheric Observatory in Hawaii hit 405.1 ppm in 2016 - an increase of 3 ppm over the previous year, marking five consecutive years of... 

Iron-ore rallies as China imports bust 100Mt level

By: Bloomberg     13th October 2017 Iron-ore imports by China surged above 100-million metric tons to a record, smashing the previous high set in 2015, as the country’s concerted push to clean up the environment stoked demand for higher-grade material from overseas while hurting local mine supply. Prices rallied. 

Minergy’s Botswana coal project given quantity, quality boost

By: Martin Creamer     12th October 2017 Coal mining and trading company Minergy on Thursday reported both a quantity and quality boost to its Masama coal project in Botswana. The company, headed by CEO Andre Bojé, plans to build an opencast coal mine at Masama with the potential to produce 2.4-million tonnes of coal a year. 

Gold, zinc explorers spearhead reversal of five-year global exploration downturn

By: Samantha Herbst     10th October 2017 Boosted by increased exploration efforts in the gold and zinc sectors, the global nonferrous exploration budget is up in 2017 – for the first time since 2012 – by more than 14%, year-on-year, to $7.95-billion, according to new analysis by S&P Global Market Intelligence. The twenty-eighth edition... 

Pedal to the metal, this Dutch stock may just be revving up

By: Bloomberg     10th October 2017 A near 160% share surge makes AMG Advanced Metallurgical Group the standout performer on the Amsterdam Small Cap Index this year. The rally may just be getting started. The Dutch metals supplier, whose 3% gain last week to €37.57 marked the highest weekly close since 2008, is pulling out all the... 

Wheatstone marks milestone with first LNG production

By: Esmarie Swanepoel     9th October 2017 The $34-billion Wheatstone liquefied natural gas (LNG) project, in Western Australia, has produced its first product, with first shipments targeted in the coming weeks. "First LNG production is a significant milestone and is a credit to our partners, contractors and the many thousands of people... 

Opinion: South Africa’s coal mining sector could shrink by 46% 

     6th October 2017 In this opinion article, independent economic risk consultant Rob Jeffrey argues that the mining industry and coal industry need to fight for their very future otherwise all is lost. Few people realise that future economic, political and social prosperity are at currently stake. Decisions made in... 

The Krugerrand's remarkable contribution to SA mining value-addition 

By: Ilan Solomons     6th October 2017 The gold bullion Krugerrand represents a most remarkable story from a beneficiation perspective, with more than 60-million pieces sold over the past 50 years. This equates to more than 1 660 t of local gold used in the process, and about 25% of all South African gold sold currently is in the form... 

Supply chain management key to industry success

By: Robyn Wilkinson     6th October 2017 The effective management of financial and physical supply chains is a key differentiator for South African automotive companies wanting to survive in an uncertain market, with access to technologies that can assist in streamlining these functions critical to success, says import and working... 

North America only region to record positive gold ETF flows in Sept – WGC

By: Henry Lazenby     4th October 2017 North America has added the most physical gold holdings that back shares of an exchange traded fund (ETF) of all the regions, the World Gold Council (WGC) revealed in its October ‘Gold ETF holdings update’, published on Wednesday. During the month of September, North America led inflows for the... 

Skysite

By: Zandile Mavuso     29th September 2017 Established in 1998, rope access and work at height specialists Skysite offers a variety of services at height. Currently, Skysite has permanent maintenance and cleaning crews on many of the country’s premier buildings, and a proven track record for the professional, safe manner in which projects... 

Novo supports Calidus raising

By: Esmarie Swanepoel     27th September 2017 Junior explorer Calidus Resources will raise up to A$10-million in a share placement to investors in Australia, Asia and North America. The ASX-listed company on Wednesday announced that about 243.9-million shares would be issued at a price of 4.1c a share to new and existing institutional and... 

WTO raises global merchandise trade growth estimate to 3.6% for 2017

By: Anine Kilian     22nd September 2017 The World Trade Organisation (WTO) has raised its estimate for growth in world merchandise trade volume for this year to 3.6%. The previous estimate for 2017 was 2.4%, although this was set within a range of between 1.8% and 3.6%, reflecting the high level of economic and policy uncertainty.  The... 

Iron-ore sinks as 'peak steel' call, supply angst rattle market

By: Bloomberg     20th September 2017 Iron-ore has been dragged back into the $60s after getting hit by a barrage of bad news, with persistent concern about rising global supply, fresh questions about the outlook for demand in China, and a warning from Australia’s central bank that the top buyer may be nearing peak steel. The... 

Africa’s Uptake Of Dry-Type Transformers Set To Grow

     18th September 2017 Already popular in North America and Europe, dry-type transformers will soon be seeing greater take-up in Africa through a more concerted entry and support strategy from global leader Hammond Power Solutions (HPS). According to Andrea Giacometti, regional sales manager of the HPS Europe, the... 

New business appointments at DEHN Africa

     15th September 2017 DEHN Africa (PTY) LTD has appointed a new managing director, Hannes Ackermann, and promoted incumbent technical manager Hano Oelofse to the position of technical director. DEHN Africa is the local subsidiary of Germany-based lightning and surge protection, earthing components and safety equipment... 

The six major economies reaffirm their commitment to free trade

By: Keith Campbell     15th September 2017 Leaders of six of the world’s ten biggest economies have reaffirmed their support for free trade, at two high level meetings held in Asia recently. The countries concerned are Brazil, China, India, Japan, Russia and the UK. In terms of gross domestic product (GDP) measured in purchasing power... 

Coal market boom casts bullish trajectory for Corsa as it prowls for M&A ops

By: Henry Lazenby     14th September 2017 Surprising as it may seem, coal demand is at an all-time high, with the current heydays spelling “good profits and rising margins” for several miners in this space, including US-focused Corsa Coal. The TSX-V-listed miner, which produces coal from six mines, has one development mine and operates... 

RS Components marks 80 years of business operations

     14th September 2017 80-year heritage lays foundation for RS to build future business focussed on service excellence and innovation RS Components (RS), the trading brand of Electrocomponents plc, the global distributor for engineers, today celebrates 80 years since opening its first business operations in London, UK. 

Information systems in the field for 10+ years

     8th September 2017 The phrase ‘information is power’ is a widely used term. However, RCT believes its relevant information that empowers customers; which is why for the past 10 years, the company has been providing exactly that. This information journey began in 2005 when RCT saw the opportunity to expand into a... 

South Africa’s export strategy aims to boost capacity for value-added goods, services trade

By: David Oliveira     8th September 2017 The Department of Trade and Industry’s (DTI’s) Integrated National Export Strategy (INES) aims to help improve the global competitiveness of South African exporters and tap the export-led economic growth benefits that have flowed to other developing countries in recent decades. The strategy was... 

SA’s export strategy aims to boost capacity for value-added goods, services trade

By: David Oliveira     8th September 2017 South Africa's Department of Trade and Industry's (DTI's) Integrated National Export Strategy (INES) to help improve the global competitiveness of South African exporters and tap the export-led economic growth benefits that have flowed to other developing countries in recent decades. The strategy... 

Denel ends controversial Asia joint venture

By: Keith Campbell     8th September 2017 South Africa's State-owned Denel defence industrial group has exited the Denel Asia joint venture (JV) company. This was announced on by Denel acting Group CEO Zwelakhe Ntshepe, addressing the recent media briefing about the company's financial results, at the group's head office in Centurion,... 

Outa now takes aim at Denel chairperson

By: Creamer Media Reporter      1st September 2017 The Organisation Undoing Tax Abuse (Outa) this week laid charges of corruption at the Brooklyn police station against State-owned Denel chairperson Dan Mantsha over his alleged involvement in State capture. Outa COO Ben Theron on Friday said the organisation believed Mantsha, who was appointed as... 

Company showcasing opportunities that exist for local manufacturers

By: Ilan Solomons     1st September 2017 South African amenities manufacturing company The Bespoke Amenities Company (TBAC) is striving to be an example of what is possible, if local companies are willing to invest in local manufacturing capabilities, states TBAC MD Bruce Turner. The company was registered in 2012 and started trading in... 

Servest acquires stake in ICT services company

By: Mia Breytenbach     1st September 2017 International facilities management provider Servest has partnered with investment company Bottega InvestCo in the acquisition of integrated information and communications technology (ICT) services company Getronics. The transaction, which is supported by specialist banking and asset management... 

Uncertain power price path heightening grid-defection risk, EIUG warns

By: Terence Creamer     31st August 2017 Energy Intensive Users Group of Southern Africa’s (EIUG’s) Piet Van Staden has expressed serious anxiety about the near-term sustainability of South Africa’s electricity industry in light of the prospect of yet more tariffs hikes, which would further damage industrial demand and, in turn, trigger... 

Australia's Morrison sees faster growth as mining drag wanes

By: Bloomberg     31st August 2017 Treasurer Scott Morrison expects Australia’s economic growth will accelerate as the drag from falling mining investment comes to an end. He noted, though, that the economy’s performance last quarter might have been hurt by the impact of a cyclone. In extracts of a speech to be delivered at... 

Jim Rogers joins Euro Sun advisory board

By: Creamer Media Reporter      30th August 2017 TSX-listed Euro Sun on Wednesday announced that commodities expert Jim Rogers had joined its advisory board. Euro Sun chairperson Stan Bharti said Rogers, who is an author and speaker promoting commodity investments globally, would be of great assistance to the company, particularly his... 

Goldstone appoints new COO

By: Creamer Media Reporter      30th August 2017 Aim-listed Goldstone Resources, which is developing the Homase-Akrokerri gold project in Ghana, has appointed Darryl Norton COO. His appointment marks the start of the company seeking to build an operational team as it looks to advance its projects in Ghana.   Norton has more than 35 years'... 

Gold extends rally to 2017 high as North Korea test adds to angst

By: Bloomberg     29th August 2017 Gold rose to the highest this year after North Korea fired a ballistic missile over Japan, boosting haven demand and extending a rally fuelled by declines in the dollar. An index of precious-metals mining stocks touched a four-month high. The greenback fell for a third day to its lowest since... 

Gold climbs as North Korea missile test sees price at 2017 high

By: Bloomberg     29th August 2017 Gold rallied to the highest level this year after North Korea fired a ballistic missile over Japan, boosting haven demand. Palladium extended a rally and platinum rose above $1 000 an ounce. Bullion for immediate delivery gained as much as 1.2% to $1 326.08 an ounce, the highest intraday price... 

Qld zinc mine ‘well timed’, production brought forward – MMG

By: Esmarie Swanepoel     23rd August 2017 First production from the $1.4-billion Dugald River zinc project, in Queensland, has been brought forward from the first half of 2018 to late 2017, as the project development advances ahead of schedule. ASX-listed MMG CEO Jerry Jiao on Wednesday said that with production of about 170 000 t/y of... 

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