R/€ = 15.85 Change: -0.05
R/$ = 13.71 Change: -0.06
Au 1264.77 $/oz Change: -8.38
Pt 863.50 $/oz Change: 2.18


Africa sending its best brains to US

By: Martin Zhuwakinyu     30th March 2018 Much as I tried, I just could not refrain from having yet another go in this column at US President Donald Trump – he who cannot see anything good that comes out of Africa. For him, Africa will forever remain the ‘dark continent’, a hopeless case and a burden on the rest of humankind. As... 

Playing Games At Work Pays Off For South African Team In Global Challenge

1st December 2017 A team of South African supply chain professionals recently proved that playing games at work can get you far; in this case, as far as Lisbon, Portugal, for the global finals of “The Fresh Connection Challenge”, an innovative business simulation game that is delivering big benefits for companies... 

AB InBev completes $3.15bn Coca-Cola Beverages Africa transition

By: African News Agency      5th October 2017 The world’s largest brewer, Anheuser-Busch InBev (AB InBev) on Thursday announced that it has completed the transition of its 54.5% equity stake in Coca-Cola Beverages Africa (CCBA) for $3.15-billion after customary adjustments. This comes after AB InBev last year acquired SABMiller for... 

Mirasol finds three new large-scale base metal targets on expanded claim holdings

By: Henry Lazenby     25th July 2017 Junior explorer Mirasol Resources has discovered three large-scale porphyry copper/molybdenum/gold targets, also expanding its claim holdings, at the 100%-owned Rubi project, next to the giant El Salvador copper mining district, in northern Chile. Mirasol recently completed field evaluation and... 

Future bright for Latin America, but water issues impede growth

By: Megan van Wyngaardt     3rd July 2017 While the outlook for mining in Latin America remains positive over the coming years, research firm BMI has outlined certain obstacles that will hinder its development, with water use and contamination among the most significant challenges. BMI warned that companies and governments in Latin... 

AB InBev, Coca-Cola reach $3.15bn deal

By: Megan van Wyngaardt     21st December 2016 Beverages giant The Coca-Cola Company and triple-listed brewery Anheuser-Busch InBev (AB InBev) have reached an agreement regarding the transition of AB InBev’s 54.5% equity stake in Coca-Cola Beverages Africa (CCBA) for $3.15-billion. CCBA includes South Africa, Namibia, Kenya, Uganda, Tanzania,... 

The impending trade facilitation agreement

By: Riaan de Lange     16th December 2016 Two years ago, December 12, 2014 to be exact, my last column for the year was simply titled, ‘Trade facilitation’, and now again, my final column for 2016 is devoted to trade facilitation - the World Trade Organization (WTO) Trade Facilitation Agreement (TFA) that is. This time around, however,... 

Ingeteam launches its new 100 kW three-phase string inverter

29th November 2016 The inverter is to be showcased at the Solar-Tec fair in Cairo, Egypt Series production is set to commence in June 2017 Ingeteam is finalizing the launch of its new PV string inverter, which will make it possible to achieve a power output of 100 kWAC in a single, 75 kg unit. This inverter will... 

‘Get out of Jail Free’ card

By: Riaan de Lange     28th October 2016 The nonalcoholic equivalent of igniting tens fights to a bottle in most South African family environment of years gone by was, without doubt, a board game. What would a scarred childhood be without a single memory of a board game that escalated to a battle of wills, culminating in a full-blown... 

Be wary of self-proclaimed environmental campaigners

By: Kelvin Kemm     20th May 2016 The concept of environmentalism is undoubtedly good. People across the plant need to have a mental frame of reference in which they appreciate living in a clean world – no litter, no waste chemicals in rivers, and so on. But it goes further than that. An appreciation of the balance of nature and... 

Ingeteam extends its range of three-phase string inverters up to 40 kW

29th February 2016 Ingeteam has just launched onto the market its new PV string inverter models, delivering output powers of up to 40 kW in a single inverter. In addition to the 40 kW model, a further three models have also been presented:  24 kW, 28 kW and 33 kW. The UL-1741 compliant version of these models,... 

Revelo agrees to extend Chilean acquisition timeframe

By: Megan van Wyngaardt     29th June 2015 Canadian exploration company Revelo Resources has agreed to an extension to the letter of intent for the acquisition of four properties from diversified mining royalty company Altius Minerals's 49%-owned Chilean subsidiary BLC SpA. TSX-listed Revelo also received approval to privately place... 

SA policies reduce poverty – World Bank

By: Sapa     4th November 2014 South Africa's fiscal policies lifted 3.6-million people out of poverty in 2010/11, a World Bank report has found. The South African Economic Update, released on Tuesday, found South Africa's fiscal policies are cutting the rates of poverty and inequality, and that tax and social benefits are... 

Safeguard duties imposed on frozen potato chips

By: Callie Lombard     8th August 2014 Frozen potato chips safeguard On July 25, the South African Revenue Service (Sars) imposed a final (definitive) safeguard on frozen potato chips (or French fries), classifiable under tariff subheading 2004.10.20, through two Government Gazette notices. The safeguard of 40.92% was imposed from... 

OceanaGold, Pacific Rim complete plan of arrangement

By: Esmarie Swanepoel     28th November 2013 Dual listed OceanaGold has completed a plan of arrangement for TSX-listed Pacific Rim Mining, after the latter company’s shareholders voted in favour of the move. Last month, OceanaGold announced its plans to acquire all the common shares of Pacific Rim by trading 0.04006 of a share for each... 

Copper surplus won't significantly alter prices - Codelco CEO

By: Reuters     13th November 2013 Copper prices will not suffer significantly from what is expected to be a modest global surplus next year, the CEO of the world's No 1 producer of the metal told Reuters on Tuesday. "We're expecting that we'll surely have a small metal surplus, but at relatively modest levels," Thomas Keller,... 

OceanaGold sets sights on El Salvador project as its bids for Pacific Rim

By: Esmarie Swanepoel     9th October 2013 Dual listed OceanaGold Corporation has launched a takeover of TSX-listed Pacific Rim Mining, to gain hold of the El Dorado gold project, in El Salvador. OceanaGold plans to acquire all the common shares of Pacific Rim by trading 0.04006 of a share for each Pacific Rim share held, resulting in... 

Airbus Managed Inventory goes operational at Aeroman

By: Creamer Media Reporter      31st July 2013 Bringing improved maintenance services for A320 family operators in Latin America 

Taxation amendment Bills published for comment

By: Callie Lombard     19th July 2013 National Treasury issued a media statement on July 5 extending an invitation to interested parties to submit comments by August 5 on the Draft Taxation Laws Amendment Bill and the Tax Administration Laws Amendment Bill 2013.  

OceanaGold offers 25% premium in ‘big brother’ placement with PacRim  

By: Henry Lazenby     26th September 2012 Toronto-listed gold producer OceanaGold had entered into a private placement with fellow-listed explorer Pacific Rim Mining (PacRim), which would see OceanaGold pay a 25% premium for a portion of PacRim’s shares. PacRim, which is developing the high-grade El Dorado gold/silver project, in El... 

Location a key determinant of SA’s opportunity inequality – report  

By: Terence Creamer     24th July 2012 Where a South African child is born and lives remains the single largest factor in determining access, or otherwise, to basic opportunities such as education, healthcare, water, sanitation, electricity and early childhood development programmes, a new World Bank report shows. The finding emerged... 

Pacific Rim arbitration moves ahead as World Bank rules against El Salvador 

By: Henry Lazenby     6th June 2012 To the dismay of international aid network Oxfam America, TSX-listed Pacific Rim (PacRim) on Monday obtained a World Bank ruling in its favour on ‘jurisdictional’ objections filed by the government of El Salvador in a long-running dispute over a mining licence. The company claims that El... 


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