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

By: Rebecca Campbell     Updated 4 hours ago 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... 

Bidcorp interim results in line with company expectations

By: Simone Liedtke     21st February 2018 JSE-listed Bidcorp has delivered "pleasing results" with the foodservice group's half-year performance in line with management expectations, CEO Bernard Berson said on Wednesday. Headline earnings a share increased by 8.6% to 640c a share in the six months ended December 31, from 589.3c a share a... 

MCA – Advancing the Future of Mobility: Legislative and Policy Framework

     21st February 2018 The Mobility Centre for Africa NPC (MCA) hosted it’s 3rd Future Mobility Roundtable in Cape Town on the 13th February 2018. The discussion, held at the Westin Hotel was the 3rd in a series of events bringing together government, industry and academia to collaborate in a drive to prepare South... 

SUVs push global new-car sales up by 2.4%, EV sales up 78%

By: Irma Venter     21st February 2018 The global new-car and light commercial vehicle (LCV) market grew by 2.4% in 2017, to 86.05-million units, compared with 2016, according to data released by UK automotive business intelligence group JATO Dynamics. “The automotive market performed well in 2017, with established economies... 

South African radioisotope producer restarts production

By: Rebecca Campbell     21st February 2018 The South African Nuclear Energy Corporation (Necsa) announced on Wednesday that its subsidiary company, NTP Radioisotopes, had resumed production. Necsa shut down operations at NTP in late November due to non-compliance with safety protocols at the radioisotope producer, a step with which the... 

I-CAT offers end-to-end integrated dust-management solutions

     21st February 2018 I-CAT offers highly-effective dust-suppression systems for mines, based on extensive research and development, coupled with affordability. Thus it is able to provide end-to-end integrated dust-management solutions that comply with all relevant industry regulations and standards. I-CAT has... 

Imperial Holdings delves into unbundling plans, reports solid H1 results

By: Megan van Wyngaardt     20th February 2018 Imperial Holdings' plans for unbundling its Imperial Logistics and Motus entities, and listing them separately, are still in the works but are dependent on a number of internal and external factors, CEO Mark Lamberti said on Tuesday. The company last year said work was in progress to determine... 

Volvo Trucks grows 6% in 2017, aims for another 5% in 2018

By: Irma Venter     20th February 2018 Volvo Trucks Southern Africa has increased Volvo truck sales by 6% in 2017, from 1 957 units in 2016, to 2 074 units in 2017. Volvo trucks secured a third sport in the South Africa heavy-duty commercial vehicle segment in 2017, the only segment in which it competes. 

Australian Mines shares surge 60% on offtake deal

By: Reuters     20th February 2018 Shares of battery and technology metals developer Australian Mines Ltd surged on Tuesday after the company signed an offtake agreement with South Korean battery maker SK Innovation for nickel and cobalt from its Sconi project. The commodity off-take agreement, which is for an initial period of... 

Autonomous food robots move with the times

     20th February 2018 Manufacturers in the food and drink sector are increasingly asked to provide a wider variety of offerings, without suffering a decrease in productivity. These demands have dramatically increased both the amount, and complexity, of tests. Bruno Adam, Omron’s Mobile Projects Director Europe... 

Sprinter reboots for digital efficiency as global parcel, food deliveries soar

By: Irma Venter     19th February 2018 Global parcel deliveries reached roughly 44-billion units in 2014, growing by almost 48%, to 65-billion parcels, in 2016.  This trend is far from flattening out. Various studies expect yearly growth rates of between 6% and 8% a year through to 2025. 

Metair expands lithium-ion capabilities in Romania

By: Irma Venter     19th February 2018 Energy storage and automotive component specialist Metair has acquired 35% in Primemotors (Prime), in Romania, through its wholly owned subsidiary, Rombat, in an effort to accelerate its production of lithium-ion (li-ion) batteries for the growing European market. Metair recently launched a... 

Australian Mines signs offtake deal with Korea's SK Innovation

By: Reuters     19th February 2018 Battery and technology metals developer Australian Mines said on Monday it signed a deal with Korea's SK Innovation to supply cobalt sulphate and nickel sulphate from its flagship Sconi project. The commodity off-take agreement, which is for an initial period of seven years, is for SK... 

Cartrack launches R9.99 a month anti-theft product

By: Irma Venter     16th February 2018 Fleet management and vehicle tracking group Cartrack has launched a R9.99-a-month theft-only insurance product, although true price is closer to R108.99, when all costs are included. 

Russian views on the future of civil aeronautics

By: Rebecca Campbell     16th February 2018 People are concerned about noise, emissions and safety. We are working to make aviation safer, greener and more comfortable for people,” highlighted Professor Sergey Chernyshev, general director of Russia’s renowned Central Aerohydrodynamic Institute (much better known in English by the... 

Sound policy, low risk key to attracting mining investment

By: Henry Lazenby     16th February 2018 Gobal equity markets have been extremely volatile in recent weeks, extending a frantic sell-off of US stocks, which culminated in the steepest plunge for the Dow Jones Industrial Average in six-and-a-half years. While commodities were not spared from the rout, American multinational investment... 

Country-specific hazards emerge during self-driving car’s world tour

By: Irma Venter     16th February 2018 It may surprise the taxi haters, but South Africa is not the most challenging country to sit behind the wheel of a vehicle in self-driving mode. The winner is China, with its sometimes erratic cyclists, lack of lane markings and confusing traffic signals. Mercedes-Benz at the end of last year... 

Russian views on the future of civil aeronautics

By: Rebecca Campbell     16th February 2018 “People are concerned about noise, emissions, and safety. We are working to make aviation safer, greener and more comfortable for people,” highlighted Professor Sergey Chernyshev, General Director of Russia’s renowned Central Aerohydrodynamic Institute (much better known in English by the... 

Any US tariffs could spark trade war, cut growth, Germany says

By: Reuters     15th February 2018 The German chamber of commerce said on Wednesday that US import tariffs on steel could trigger a trade war with major trading partners, which analysts say could cut growth in Europe's largest economy by up to one percentage point. US President Donald Trump said on Tuesday he was considering a... 

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... 

Botswana Diamonds starts exploration work at Botswana JV, maintains exploration optimism

By: Mia Breytenbach     13th February 2018 Aim-listed Botswana Diamonds has started exploration work on the Sunland Minerals joint venture (JV), which it shares with Russian diamond producer Alrosa, in Botswana. The objective of the exploration programme is to follow up on 15 previously identified priority geophysical targets in PL232-235... 

Metair expects to report positive growth in FY17 headline

By: Anine Kilian     13th February 2018 JSE-listed Metair expects to report a 24.6% year-on-year increase in headline earnings a share for the year ended December 31, while earnings a share are likely to be between 21.6% and 25.5% higher year-on-year. “The automotive component vertical recovered after a difficult 2016, returning to... 

Wind energy installations continue to grow – WWEA

By: Megan van Wyngaardt     12th February 2018 The overall capacity of all wind turbines installed worldwide by the end of 2017 reached 539 291 MW, preliminary statistics published by World Wind Energy Association (WWEA) has shown. A WWEA report, released on Monday, further showed that 52 552 MW of wind energy capacity were added last year,... 

BMW close to ten-year supply deal for battery minerals – FAZ

By: Reuters     12th February 2018 BMW is close to signing a ten-year supply contract for lithium and cobalt, the company's procurement chief told Germany's Frankfurter Allgemeine Zeitung, amid an industry-wide scramble for raw materials needed for electric car batteries. "The aim is to secure the supply all the way down to the... 

Sappi moves to consolidate dissolving pulp leadership

By: Anine Kilian     9th February 2018 Pulp and paper producer Sappi plans to significantly expand its operations in South Africa, Europe and the US by 2020, starting with the preparatory work for the potential expansion of its South Africa-based Saiccor dissolving wood pulp (DWP) mill. The South African group supplies about 20% of... 

Donald Trump’s gratuitous slur

By: Martin Zhuwakinyu     9th February 2018 A few weeks ago, US President Donald Trump was at it once again, using vulgar language to disparage the home countries of African, Haitian and El Salvadorian immigrants. As is his wont, he subsequently denied ever uttering the offensive remarks. Last week, he issued a statement full of praise for... 

SA pulp and paper group moves to consolidate dissolving pulp leadership

By: Anine Kilian     9th February 2018 Pulp and paper producer Sappi plans to significantly expand its operations in South Africa, Europe and the US by 2020, starting with the preparatory work for the potential expansion of its South Africa-based Saiccor dissolving wood pulp (DWP) mill. The South African group supplies about 20% of... 

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... 

Lack of communication impacts on safety

By: Paige Müller     9th February 2018 Many large companies typically do not have the required technology or resources available to adequately communicate with lower-level staff, which software company Wyzetalk believes affects industry health and safety negatively. “Organisations provide a corporate email address for executives and... 

Electric trucks sale targeted for 2019

     9th February 2018 Truck manufacturer Volvo Trucks will start selling electric trucks in Europe in 2019, with the first units already being put into operation together with selected reference customers this year. 

High-performance diesel engine oil launched

     9th February 2018 Earlier this month, lubricant and grease manufacturer Blue Chip Lubricants launched a super high-performance diesel engine oil called Q8 Formula Truck 7000 15W-40.  

Lubricants company creates specialist division to drive localisation

By: Marleny Arnoldi     9th February 2018 Lubricants specialist FUCHS Lubricants South Africa (FUCHS) and its parent company FUCHS Petrolub SE, based in Germany, have created a Lubritech division to drive a specialisation and localisation agenda.  

Sappi's Q1 results in line with expectations

By: Simone Liedtke     7th February 2018 Pulp and paper producer Sappi's performance for the first quarter of the 2018 financial year was in line with group expectations, with earnings before interest, taxes, depreciation and amortisation (Ebitda), excluding special items, reaching $172-million. This was, however, lower than the... 

Suricate Minerals seeks to unlock latent mineral wealth in Mauritania

     7th February 2018 Privately-owned Mauritanian mining and exploration company Suricate Minerals is engaging with international financial and technical service partners to develop its quartz, barite, lithium, copper and gold prospects located throughout the country. Suricate Executive Director Ahmed Hertani, who has... 

Increasing demand is platinum solution – Amplats

By: Martin Creamer     6th February 2018 Platinum group metals (PGMs) react positively to the amount of money spent on marketing, in a similar way to diamonds, Anglo American Platinum CEO Chris Griffith said on Tuesday. Speaking during a panel discussion on day two of the Mining Indaba, Griffith said PGMs were unlike copper, coal or... 

Many big new copper mines likely to be needed – Anglo

By: Martin Creamer     6th February 2018 Based on two relatively moderate and reasonable growth assumptions, the world will need the equivalent of another 22 Collahuasi copper mines to meet expected copper demand by 2030, Anglo American base metals marketing head Alex Schmitt said on Tuesday. Collahuasi, which Schmitt described as the... 

South African grape variant to be launched at German fruit trade fair

By: Dylan Slater     6th February 2018 South African science institution, the Agricultural Research Council (ARC), in partnership with the South African Table Grape Industry (Sati) and Culdevco, plans to launch a seedless red table grape at the South African National Pavilion during the Fruit Logistica Trade Fair, which takes place in... 

EU steel sector sees demand growth in 2018, import threat

By: Reuters     6th February 2018 European steel demand is set to rise in 2018 with continued strength in most steel-using sectors, European steel association Eurofer said on Tuesday, while warning of a threat of rising imports. Apparent steel consumption, which excludes the impact of inventory changes, is set to rise by 1.9% in... 

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