R/€ = 16.03 Change: -0.16
R/$ = 14.53 Change: -0.13
Au 1578.71 $/oz Change: 20.42
Pt 993.11 $/oz Change: -15.95


Public, private sector collaboration bearing fruit across various sectors

By: Marleny Arnoldi     24th January 2020 The private sector and government have made progress in several areas of South African industry since launching the Public Private Growth Initiative (PPGI). In particular, progress has been made in terms of water use licences and the recapitalisation of State forestry assets.  

Corrosion-Resistant Solutions For Wastewater Plants

14th January 2020 Mentis manufactures a range of corrosion-resistant floor grating and handrailing solutions, ideal for use in the wastewater industry. These include mild steel galvanised, 304 stainless steel, 3CR12 stainless steel and fibreglass options; all ideally suited to the extreme conditions in wastewater... 

Gold M&A heats up as Equinox buys rival Leagold

By: Mariaan Webb     16th December 2019 Corporate activity in the gold sector is keeping up a speedy pace, with Canadian miners Equinox Gold and Leagold on Monday announcing their combination to create a “premier Americas gold producer”. The TSX-listed companies entered into a definitive agreement to combine in an at-market merger.... 

Ebrahim welcomes potential Saldanha Steel buyers

By: Marleny Arnoldi     13th December 2019 Trade and Industry Minister Ebrahim Patel outlined, in a Parliamentary reply this week, the efforts taken by government to help make a positive case for why steel producer ArcelorMittal South Africa (AMSA) should not close down its Saldanha Steel Works operation. Patel said four potential... 

Goldman says case for diversifying into gold 'as strong as ever’

By: Bloomberg     9th December 2019 Goldman Sachs Group said investors should diversify their long-term bond holdings with gold, citing “fear-driven demand” for the precious metal. “Gold cannot fully replace government bonds in a portfolio, but the case to reallocate a portion of normal bond exposure to gold is as strong as ever,”... 

EHR buys Canadian diamond explorer

By: Esmarie Iannucci     6th December 2019 Multi commodity explorer EHR Resources has reached an agreement to acquire Canadian diamond company Nanuk Diamonds Inc, as part of its strategy to diversify into diamonds in North America. Nanuk holds 625 mineral claims in Northern Quebec covering 274 km2 and containing several occurrences of... 

Omnia stabilises business, notes readiness for turnaround

By: Tasneem Bulbulia     26th November 2019 JSE-listed diversified chemicals group Omnia Holdings has delivered on its short-term stabilisation plans during the six months ended September 30, as well as a number of other key milestones during a period marked by tough market conditions. Speaking to Engineering News Online, Omnia CEO Seelan... 

Andrew Mentis

19th November 2019 Established in 1950, Andrew Mentis started as a precision engineering works and has grown into a leading supplier of steel grating on the African continent. Grating is an engineered product and Andrew Mentis manufactures it in such a way as to ensure that it has the appropriate load-bearing... 

BOD recovers first diamonds from residual stockpiles at Marsfontein

By: Marleny Arnoldi     12th November 2019 London-listed Botswana Diamonds (BOD) has recovered the first diamonds from its plant commissioning activities at the Marsfontein mining permit. The company’s 40%-owned associate Vutomi Mining was last month granted a mining permit for the diamond-bearing gravels and residual unprocessed... 

BI is exclusive distributor for CRAFT bearings of Europe

1st November 2019 A leading European supplier of high-quality, low-cost bearings for a range of industrial, agricultural, and automotive aftermarket applications is the latest international brand to be added to the product stable of leading supplier Bearings International (BI), part of the Hudaco Group. With the... 

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