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Africa’s leading industry trade fair prepares to open its doors

By: Creamer Media Reporter      6th March 2018 The countdown has begun: bauma CONEXPO AFRICA opens its doors for the third time in one week. The largest trade fair for construction machinery, building material machines, mining machines and construction vehicles in Africa continues to attract international participation, highlighted by four... 

Largo aims to expand market reach with new powder product capability

By: Henry Lazenby     5th March 2018 Vanadium producer Largo Resources will qualify, produce and sell vanadium pentoxide (V2O5) powder to supplement its current V2O5 fused flake production. The Toronto-headquartered company will explore the new product offering through its existing exclusive offtake partner Glencore International,... 

Australian spodumene conversion facility to add much needed capacity to the market – WoodMac

By: Schalk Burger     5th March 2018 Shenzen-based Tianqi Lithium’s construction of the 48 000 t/y Kwinana spodumene converter, in Australia, will add much needed spodumene conversion capacity to an expanding market, says Wood MacKenzie (WoodMac) managing consultant James Whiteside. The Kwinana converter will be the largest lithium... 

Testwork confirms prospects for new silica sand mine at Cape Bedford

By: Simone Liedtke     2nd March 2018 Prospects for a new silica sand mine in North Queensland have received a boost, with ASX-listed Diatreme Resources announcing that results from initial metallurgical testwork show that the project is capable of producing high-quality glass-grade silica sand. Six bulk samples were wet tabled to... 

Mariam Abdullahi

     2nd March 2018 This week we feature Mariam Abdullahi, telecommunications industry lead for Africa at SAP   

Miners broadly welcome federal Budget 2018 bar some caveats

By: Henry Lazenby     1st March 2018 The Canadian mining industry has welcomed the federal 2018 budget that was announced this week, highlighting particular support for the extension of the Mineral Exploration Tax Credit and several additional funds made available for critical skills training. Canada's Budget 2018, tabled by... 

Trade agreement with the EU a boost for Western Cape exports

By: Kim Cloete     1st March 2018 The Economic Partnership Agreement (EPA) between the European Union and six countries in Southern Africa has been a boost for the Western Cape, with strong gains for the wine and fishing industries since it came into effect in October 2016.  The EPA between the EU and the Southern African Customs... 

Mongolian court sides with government in copper mine ownership row

By: Reuters     1st March 2018 Mongolia's Constitutional Court ruled on Wednesday that Mongolian Copper Corporation (MCC) never had the right to 49 percent of one of Asia's biggest copper mines, supporting an earlier resolution by the government to buy back the stake. The ownership battle is set against the backdrop of miners... 

Bluebird makes speedy progress on Kochang reopening

By: Megan van Wyngaardt     28th February 2018 Asia-focused resource development group Bluebird Merchant Ventures on Wednesday said that it had made significant progress on the Kochang gold and silver mine in South Korea, since signing its $750 000 farm-in agreement with ASX-listed Southern Gold, in February. Bluebird is currently looking to... 

Rusal quest for value to dent Glencore's aluminium clout

By: Reuters     27th February 2018 Mining giant Glencore's deal to buy aluminium from Rusal will be renewed from 2019, but the tonnage is likely to be much lower as the Russian producer taps into growing demand for value-added products, two sources close to the matter said. Unless it sources from additional suppliers, the... 

Russian group thinks nuclear power still has a future in South Africa

By: Rebecca Campbell     22nd February 2018 Russia’s State-owned nuclear corporation Rosatom still believes that nuclear energy has a place in the future development of South Africa. This follows comments made by Finance Minister Malusi Gigaba on Wednesday (Budget Day), which suggested that the country’s planned programme to build a fleet... 

What happens when China's steel curbs end? Here's BHP's take

By: Bloomberg     22nd February 2018 Steelmakers in China are about to get back to business full-time. When unprecedented winter supply curbs lapse in the coming weeks, BHP Billiton forecasts mills in the top producer will step up output, boosting run rates through the second quarter to make up for curtailments. The resumption will... 

BHP won't move Singapore marketing hub even if Australia cuts tax – CEO

By: Reuters     22nd February 2018 BHP Billiton will not move its low tax-paying Singapore marketing hub even if Australia goes ahead with plans to cut corporate taxes, CE Andrew Mackenzie said on Thursday. BHP's Singapore office is the focus of a long-running fight with Australia's tax office, which argues the company is... 

RCT's Head of Product Management Dave Holman, RUC Cementation Mining's Finance Director John Walters view the signing of the partnership agreement with RUC Cementation Mining General Manager Barry Upton and RCT's Executive Director and CEO Brett White.

     20th February 2018  RUC Cementation Mining Contractors and RCT partnership Smart Technology company RCT and leading underground mining contractor RUC Cementation Mining Contractors have partnered together to further develop and deliver innovative technologies to the underground mining industry. The global... 

Japan's steel industry urges Trump to make careful trade decision

By: Reuters     19th February 2018 Japan's steel industry said on Monday the US Commerce Department proposal to President Donald Trump to impose curbs on steel imports violate the principles of free trade, calling for Washington to make a careful and appropriate decision. The US Commerce Department recommended on Friday that Trump... 

Bluebird to inject new life into old South Korean gold veins

By: Reuters     19th February 2018 Asia-focused mine developer Bluebird Ventures, with venture partner Southern Gold, plans to reopen South Korean gold mines closed decades ago and is aiming for profits of around $100/t, Bluebird's CEO said. The mines closed in the late 1960s and 1970s when the gold price was less than $140/oz,... 

Canada's oil sands output to grow despite record-low investment, export bottlenecks

By: Henry Lazenby     16th February 2018 Canada's oil sands output is expected to continue on its upwards trajectory despite investment in the sector lagging behind historical levels, a recent report has found. Oil sands production in Canada's oil patch of Alberta is expected to grow through the next decade, albeit at a slower rate than... 

AERIAL ARTISTRY

     16th February 2018 The Indonesian Air Force Jupiter aerobatics team performs manoeuvres at the Singapore Airshow, Asia’s largest, which was held at the Changi Exhibition Centre in Singapore, last week. The show included daily flying displays from renowned aerobatic teams. Photograph 

Global wind energy installations remain above 50 GW - GWEC

By: Simone Liedtke     14th February 2018 Installations in the global wind energy market remained above 50 GW in 2017, with Europe, India and the offshore sector having had record years. The Global Wind Energy Council (GWEC) on Wednesday released its 2017 market statistics, which highlighted a decrease to 19.5 GW for Chinese... 

Woodside buys ExxonMobil’s Scarborough field stake, announces A$2.5bn share sale

By: Mariaan Webb     14th February 2018 Australian oil and gas producer Woodside on Wednesday announced that it had entered into a binding agreement to buy ExxonMobil’s share of the Scarborough gas field, in the Carnavon basin as part of a A$2.5-billion share sale. The transaction involves an additional 50% interest in WA-1-R, which... 

Global aeronautics body promoting networking among young researchers

By: Rebecca Campbell     9th February 2018 The International Forum for Aviation Research (IFAR) is seeking to develop international interactions between young professionals working in both technical and non-technical areas of aviation research around the world. This initiative is described as “early career networking” and is a focus area... 

Coal buyers spooked by Indonesia's new shipping rules – association

By: Reuters     8th February 2018 Buyers of Indonesian coal are holding back orders of the fuel after the government issued new shipping rules for coal and crude palm oil that would restrict exports to Indonesian vessels, an industry association said on Thursday. Jakarta issued rules in October requiring coal and palm oil... 

South African mining industry makes compelling case for protection of coal

By: African News Agency      7th February 2018 The South African mining industry on Wednesday tabled a case for coal mining in the country, arguing that coal will continue to play an important role in the economy for the foreseeable future despite its declining profile and negative impact on the environment. At the Mining Indaba on Wednesday,... 

Australia’s coal exports set new record in 2017

By: Natasha Odendaal     7th February 2018 Australia’s coal exports value reached a new record of $56.5-billion in 2017, Minerals Council of Australia coal executive director Greg Evans said on Wednesday. The new coal export value record, at 35% higher than in 2016 and $10-billion higher than the previous record of $46.7-billion in 2011,... 

Gordhan lashes out at Denel as it begs for R3bn lifeline

By: African News Agency      6th February 2018 State arms manufacturer Denel on Tuesday pleaded for an equity injection as it briefed MPs on its results for the past year, but former finance minister Pravin Gordhan flatly countered that the company's dire financials were linked to its dealings with the Gupta family believed to have corrupted... 

India demand picks up after tax announcement

By: Reuters     2nd February 2018 Demand for physical gold improved this week in India as jewellers resumed purchases after the government kept import taxes on the precious metal unchanged, while buying remained subdued in most other centres in Asia. Jewellers in India had delayed purchases earlier this week and offered gold at... 

Albeit modest, metals sector poised for second consecutive year of growth 

By: Terence Creamer     2nd February 2018 South Africa’s metals and engineering sector is poised for a second consecutive year of modest growth, with the Steel and Engineering Federation of Southern Africa (Seifsa) forecasting a 1.1% expansion for 2018. The sector grew by 2.7% in 2017, breaking a streak of three consecutive years of... 

Stratex appoints new CEO, provides strategy update

By: Anine Kilian     1st February 2018 Aim-listed Stratex International on Thursday named Tim Livesey its CEO and provided an update on the company’s future strategy, following the failed takeover of Brazil-focused Crusader Resources last year. The appointment of Livesey, who has 28 years’ experience in gold and base metals, with a... 

British Columbia further hamstrings oil pipeline development

By: Henry Lazenby     31st January 2018 The coalition British Columbia provincial government has moved the goal post for crude oil pipeline operator Kinder Morgan yet again, adding another hurdle to the seemingly insurmountable legal obstacles that stand in the way of the company twinning its existing pipeline between Alberta's oil... 

Team South Africa syncing its act to host tenth Brics summit

By: African News Agency      29th January 2018 Different South African sectors are synchronising their act on Monday, as Pretoria prepares to host the highly anticipated 10th summit of the Brics bloc – which groups Brazil, Russia, India, China, and South Africa – to be held in July. “One of the things we did last year is that we found that... 

VFD adoption triggers need for bearing protection rings

By: Simone Liedtke     26th January 2018 As the adoption of variable-frequency drives (VFDs) increases, so too will the need for the reliable mitigation of destructive shaft voltages, which will lead to increased demand for bearing protection rings, says bearing protection solutions provider AEGIS sales and marketing manager Adam... 

For Airbus, 2017 was another record year for airliner deliveries

By: Rebecca Campbell     26th January 2018 Airbus Commercial Aircraft, the airliner manufacturing arm of European aerospace giant Airbus Group, has announced that last year it set a new company record for annual deliveries of aircraft. These totalled 718 aeroplanes to 85 customers and amounted to a 4% increase over the 688 delivered in... 

Global crude steel output up 5.3% y/y in 2017

By: Schalk Burger     25th January 2018 Global crude steel production increased by 5.3% year-on-year to 1.69-billion tonnes in 2017. Output increased in all regions except for the Commonwealth of Independent States, where production remained flat at about 102.1-million tonnes, the World Steel Association reported this week. 

Deputy Labour Minister urges businesses to learn from Japanese production methodologies

By: Anine Kilian     25th January 2018 Deputy Labour Minister Patekile Holomisa has urged South African companies to take advantage of Productivity South Africas’s (SA’s) Enterprise Support Programme to elevate their productive capacity.    Addressing a productivity promotion seminar organised by Productivity SA and the Japan... 

Japan's record exports, manufacturing, point to powerhouse economy

By: Reuters     24th January 2018 Japan’s exports to China and Asia hit record levels as shipments rose for a thirteenth straight month in December and manufacturing growth hit a four-year high in January, pointing to an economy that powered through the fourth quarter and into 2018. The Ministry of Finance (MOF) said on Wednesday... 

Egypt's Suez Canal revenues rise to $471.5m in Dec

By: Reuters     24th January 2018 Egypt's Suez Canal revenues rose to $471.5-million in December from $462.7-million in November, official data showed on Wednesday. The Suez Canal authority said earlier this month that revenues rose to $5.3-billion in 2017 from $5-billion in 2016. 

Cradle Arc's London listing to fund Botswana copper

By: Reuters     24th January 2018 Copper producer Cradle Arc embarked on a new London listing on Wednesday to fund production in Botswana, considered by miners as a safe African jurisdiction seeking to diversify its economy from its reliance on diamonds. Formerly known as Alecto Minerals, which ceased trading last July, Cradle... 

Copper inventories surge most in ten months, sending prices lower

By: Bloomberg     23rd January 2018 Copper slumped to a one-month low as a large delivery of metal into exchange warehouses in Asia refocused attention on demand during a seasonally weak period for industrial activity in China. 

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