R/€ = 14.59 Change: -14.44
R/$ = 13.62 Change: -13.48
Au 1215.58 $/oz Change: 11.96
Pt 982.00 $/oz Change: 7.50


South Africa’s mining sector at a crossroads, collaborative effort required

By: Ilan Solomons     20th January 2017 The global mining industry has been struggling since the 2008 international financial crisis set off a chain of events resulting in contracted growth in important markets, such as China, and recession in others, such as Europe, leading to severe declines in commodity prices. In South Africa, the... 

Durban port upgrade and expansion project, South Africa

By: Sheila Barradas     20th January 2017 A a significant milestone has been celebrated at the Port of Durban, with the Maydon Wharf precinct having serviced Bright Sky, the first vessel to use the common-user Berth 14 after its reconstruction. 

We should spend time with our loved ones

By: Terry Mackenzie-hoy     20th January 2017 A week ago, my darling, my best friend, was driving back from her mother’s house. She must have felt a slight pain in her chest and so pulled over into the parking area near Kloof Neck, which has a beautiful view of Camps Bay. There she died. When they found her, she had a smile on her face. She... 

Decision Inc. proud partner of the Qlik Southern Africa Summit 2017

     19th January 2017 Decision Inc., a management and technology consulting organisation, is one of the largest Qlik partners in South Africa. Qlik implementations focus on driving value, and support strategic and operational initiatives through process improvement, technology innovation and talent enablement. The... 

Wipro Positioned as a ‘Leader’ in Gartner’s Magic Quadrant for Application Testing Services, Worldwide 2016

     19th January 2017 Wipro Limited, a leading global information technology, consulting, and business process services company, has announced that it has been positioned as a 'Leader' in Gartner's Magic Quadrant for Application Testing Services, Worldwide 2016 for the third consecutive year. The report authored by... 

Portia Derby joins Aurecon, advances company’s transformation efforts

By: Ilan Solomons     19th January 2017 Employee-owned consulting engineering company Aurecon is moving its transformation process up a gear with the appointment of Portia Derby to the position of Gauteng senior regional director. She is the first black woman appointed to a senior management position involved in the operations of the... 

Rio ends quest for China mine riches with biggest shareholder

By: Bloomberg     18th January 2017 Rio Tinto Group and its largest shareholder Aluminum Corporation of China have terminated their joint venture (JV) established to find copper deposits, as global mining companies tighten exploration budgets. Chinalco Rio Tinto Exploration, a JV between Rio and Aluminum Corpporation, also known... 

Galileo to start Concordia drill programme

By: Natasha Odendaal     17th January 2017 Aim-listed Galileo Resources plans to start a drilling programme at its Concordia copper project, in the Northern Cape, during the first quarter of 2017. This follows the exploration and development mining company’s consolidation of the final geophysics data reports by consultants GeoSpec... 

Bigen Africa appoints Ruan Minnaar as Human Capital and Marketing Director

     17th January 2017 Bigen Africa appointed Ruan Minnaar as Human Capital and Marketing Director. He is a dynamic executive with an excellent academic, business and personal record across a wide range of disciplines. “Ruan is a focused and performance-driven executive with a strategic mind-set and a proven ability to... 

In Peru, a smelter's future stirs fears of its toxic past

By: Reuters     13th January 2017 Peruvian President Pedro Pablo Kuczynski's efforts to revive a nearly 100-year-old smelting complex could overcome a crucial hurdle at a coming auction where five companies have shown interest in placing bids. But celebration is far from universal given the sprawling smelter's toxic legacy and... 

Kusile power plant project, South Africa

By: Sheila Barradas     13th January 2017 Eskom connected the first power-generating unit of the new Kusile coal-fired power station at the end of December 2016. 

Auroch secures more land in Namibia

By: Esmarie Swanepoel     12th January 2017 Junior Auroch Minerals has continued to grow its Karibib lithium project, in Namibia, signing an option and joint venture (JV) agreement over a nearby exploration tenement. The company on Thursday reported that the option and JV agreement, under which it could earn up to a 90% interest in a... 

Uranium gains 10% as top producer plans output cut amid glut

By: Bloomberg     11th January 2017 Uranium surged the most in more than three weeks as Kazakhstan said it will reduce production by 10% this year after prices slumped in 2016 amid a global inventory glut. Spot uranium rose $2.25, or 10%, to close at $24.25 a pound on Tuesday, the highest level since September, according to data... 

Next four years critical to meeting Paris agreement targets

     10th January 2017 New report provides concrete recommendations for cities to meet aggressive goals and halt climate change On 1 December 2016 in Mexico City, the C40 Cities Climate Leadership Group (C40) and consultants Arup outlined the first emission reduction plan in order to meet the most ambitious Paris... 

Aon launches solution to help companies respond to Brexit risks

By: Megan van Wyngaardt     10th January 2017 Risk management provider Aon has launched a three-step tool, the Brexit Navigator, to help organisations quantify the impact of Brexit risk exposures, and redesign risk management and risk financing structures. The solution is supported by an interactive tool that presents scenario-based insights... 

Paladin in dire straits as offtake partner seeks more security for $200m prepayment

By: Henry Lazenby     5th January 2017 ASX- and TSX-listed uranium producer Paladin Energy on Wednesday reaffirmed that it is not to receive any further cash from offtake partner Électricité de France (EdF), saying that contrary to certain recent erroneous media reports, it was merely updating the market on the contractual process to... 

New Year heralds several senior management employments

By: Henry Lazenby     4th January 2017 Early 2017 corporate activity saw a slew of senior management appointments being made by miners. TSX- and NYSE-listed Tahoe Resources has appointed former Goldcorp president and CEO Chuck Jeannes to the board effective January 1. 

Global platinum production to rise marginally to 2020

By: Megan van Wyngaardt     22nd December 2016 Global platinum mine or metal content in ore production is set to rise from 6.4-million ounces in 2015 to 6.7-million ounces by 2020, representing a compound annual growth rate (CAGR) of 1.7%, the latest report from research and consulting firm GlobalData reveals. GlobalData mining research and... 

Energia moves forward in zinc mine development

By: Megan van Wyngaardt     21st December 2016 ASX-listed Energia Minerals has received written confirmation from the Comune Di Gorno that the historical treatment plant site at Riso near Gorno, which logistically is Energia’s preferred site, is available for the construction of a treatment plant, subject to the negotiation of satisfactory... 

Railway company investments to facilitate economic growth

By: Sascha Solomons     16th December 2016 The current investments by the Passenger Rail Agency of South Africa (PRASA) and State-owned freight utility Transnet will largely facilitate economic growth in South Africa through major infrastructure projects currently under way, says consulting and auditing firm KPMG infrastructure deal... 

Kingsrose calls in administrators

By: Esmarie Swanepoel     15th December 2016 Gold junior Kingsrose Mining has gone into voluntary administration, with its Talang Santo mine, in Indonesia, to be placed on care and maintenance while a review of the company’s structure and its operations are undertaken. Kingsrose told shareholders that the appointment of FTI Consulting as... 

New gas projects will be economical – Aurecon  

By: Victor Moolman     15th December 2016 With two major gas-to-power projects under way in the country, consulting company Aurecon believes that the two, possibly three, gas power stations associated with the projects can be economical as existing infrastructure can be used to support them. 

Indian Mines Ministry seeks action plan for effective mine closures

By: Ajoy K Das     14th December 2016 India’s Mines Ministry has started engagements with industry stakeholders to develop a time-bound action plan for remediation of mined-out areas and abandoned mines across the country. In a note circulated to mining industry stakeholders, the Ministry said that mined-out areas and abandoned mines... 

Kennady Diamonds reports maiden Kelvin kimberlite resource

By: Henry Lazenby     14th December 2016 Explorer Kennady Diamonds has published a maiden resource estimate for the Kelvin kimberlite, located at the company’s 100%-owned Kennady North project, in Canada’s Northwest Territories. The TSX-V-listed company said Monday exploration work to date was sufficient to calculate a compliant... 

Ivanhoe PEA outlines two alternatives for DRC-based Kamoa/Kakula deposits

By: Henry Lazenby     13th December 2016 A new preliminary economic assessment (PEA) has outlined two potential initial development scenarios for Ivanhoe Mines’ “disruptive” Kamoa-Kakula copper project, in the Democratic Republic of Congo (DRC). The PEA examined two initial scenarios for development of the high-grade copper deposits at... 

AMCU blasts Zuma over Marikana plan

By: African News Agency      13th December 2016 The Association of Mineworkers and Construction Union (AMCU) president, Joseph Mathunjwa, on Tuesday blasted President Jacob Zuma for announcing the implementation of Farlam Commission of Inquiry’s recommendations without consulting affected families and Lonmin mine workers. Mathunjwa said in... 

Ivanhoe to release Kamoa-Kakula PEA this week

By: Natasha Odendaal     13th December 2016 The preliminary economic assessment (PEA) detailing the initial options available to TSX-listed Ivanhoe Mines to begin its copper mining operations in the Democratic Republic of Congo, is expected to be finalised this week. The independent PEA of the Kakula and Kamoa deposits aims to establish... 

Dalradian proves strong economic case for Curraghinalt

By: Henry Lazenby     13th December 2016 TSX- and Aim-listed Dalradian Resources has published the results of a feasibility study on its Curraghinalt gold project, in Northern Ireland, demonstrating a strong economic case for the 100%-owned project. Completed by international consulting engineering firm JDS Energy & Mining, the... 

Orinoco working on plan to restart Cascavel

By: Esmarie Swanepoel     12th December 2016 An independent technical review of the Cascavel gold mine, in Brazil, has advised a restart of the mine, concluding that the mine and plant issues experienced during the start-up were common commissioning problems that could be readily fixed. Gold miner Orinoco Gold in October suspended... 

South Africa must wake up to fuel cell race or risk losing out  

By: Megan van Wyngaardt     9th December 2016 South Africa is in a global race in fuel cell development and should not consider itself “special”, as there are a number of other countries that could reap benefits from their fuel cell plans far sooner, an analyst warned on Friday. Speaking during a panel discussion on the impact of fuel cell... 

First phase of new medical precinct in Cape Town completed

By: Megan van Wyngaardt     9th December 2016 The new flagship Netcare Christiaan Barnard Memorial Hospital has been opened in Cape Town’s central business district (CBD). The 16-storey building, with about 30 000 m2 of floor space, will comprise 248 beds, of which of 61 will be used for intensive care and high care. 

Arup Appoints BIM Leader for Southern Africa

     9th December 2016 Arup has appointed Nic Karassavas as their BIM Leader for Southern Africa. Karassavas brings significant experience in initiating, managing and developing projects within a BIM environment as a result of having worked on a wide range of building and infrastructure projects as a principal, manager... 

Consolidation provides opportunity for development

By: Robyn Wilkinson     9th December 2016 With low growth in the South African economy, there is a trend in both the commercial office and industrial property sectors towards consolidation and the relocation of existing operations to well-connected locations, says consulting engineering firm Arup. 

Consulting engineers ready to help with irregular expenditure fight

By: Dylan Slater     9th December 2016 Firms that are members of nonprofit organisation Consulting Engineers South Africa (Cesa) made known at the yearly Cesa Infrastructure Indaba, that they are ready to partner with government to reduce irregular expenditure.  

Henk Bester

     9th December 2016 This week we feature Henk Bester, MD of the Transportation directorate of Bigen, a solutions-driven infrastructure development group     

Innovation earns company biofuels award

     9th December 2016 Market research company and consulting firm Frost & Sullivan has awarded its 2016 Company of the Year Award to South African renewable-energy company Biogreen for its innovative performance and customer impact in the production of biodiesel from used cooking oil. Biogreen offers its suppliers and... 

Lesotho Highlands Water Project – Phase II

By: Sheila Barradas     9th December 2016 The engineering design contracts for the two main water-transfer components of the project are expected to be awarded by mid-2017. 

Millennials could boost global diamond sales

By: Megan van Wyngaardt     7th December 2016 While the global diamond industry may be poised for a modest rally in 2017, several key headwinds persist, including the need for secure access to financing within the midstream sector, slowing consumption in China and the ongoing threat of synthetics and counterfeit diamonds, according to a... 

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