R/€ = 14.77 Change: 0.00
R/$ = 11.97 Change: -0.01
Au 1342.20 $/oz Change: -10.59
Pt 935.00 $/oz Change: -15.81


Resistance persists despite declaration of new renewables dawn

By: Terence Creamer     Updated 6 hours ago The world did not stop to allow South Africa to get off. While ‘sunny South Africa’ spent more than two years delaying the introduction of new renewable-energy plants, including 12 solar photovoltaic (PV) projects and a concentrated solar power (CSP) plant, the rest of the world continued... 

Johnson Controls launches new products as it marks SA milestone

By: Schalk Burger     Updated 6 hours ago Building technology systems multinational Johnson Controls launched the new range of YZ York chillers and the new R-1233zd low-global warming potential and low-pressure refrigerant in South Africa as part of its fiftieth anniversary in the country. Johnson Controls South Africa GM Neil Cameron... 

Volvo Trucks launches first all-electric truck, sales to start in 2019

By: Irma Venter     19th April 2018 Volvo Trucks has introduced its first all-electric truck for commercial use. The FL Electric will be used for urban distribution and refuse operations, among other applications. Sales and series production of the new model will start in Europe next year. 

Enable safer machine interventions with Lockout/Tagout

     19th April 2018 A large number of workplace accidents is connected with industrial machine maintenance. Because of this, a serious safety programme should include processes to increase the safety of interventions on machines. A tested way to reduce workplace accidents during maintenance, is the use of... 

New EM lighting division to focus on latest luminaire technology

     19th April 2018 A new lighting division launched by leading supplier ElectroMechanica (EM) in February, in conjunction with OSRAM and LEDVANCE, will focus on introducing the latest luminaire technology to the local market. The full-LED luminaires distributed by the division represent the latest trend in the... 

Russia sanctions throw aluminium supply chain into chaos

By: Bloomberg     18th April 2018 The US sanctions on United Co. Rusal that have sent aluminium prices surging should be great news for rival producers like Rio Tinto Group. Spoiler alert: they’re not. 

Thermal spray Solutions for Hydraulic Cylinders

     18th April 2018 Hydraulic piston rods are utilized in a broad variety of industrial areas such as civil, industrial and offshore.  A hydraulic cylinder is a mechanical moving mechanism that gives a force through a stroke. Smooth and hard surfaces are required on the outer diameter of the piston rod for proper... 

Ramaphosa team to seek $100bn investment for South Africa

By: Reuters     17th April 2018 South African President Cyril Ramaphosa appointed a team of business and finance experts on Monday to hunt the globe for $100-billion in investment to boost the ailing economy. The team of economic envoys includes two former finance ministers – Trevor Manuel and Pravin Gordhan, who now holds the... 

Davenport reports maiden potash resource in Germany

By: Esmarie Swanepoel     16th April 2018 ASX-listed Davenport Resources has reported a maiden Joint Ore Reserves Committee- (Jorc-) compliant resource of 576.6-million tonnes at the Ebeleben mining licence, in Germany. Grading at 12.1% potassium oxide, the project is estimated to host some 69.3-million tonnes of potassium oxide. 

Same-day delivery to be the norm by 2022, survey finds

By: Anine Kilian     13th April 2018 Manufacturers, transportation and logistics firms and retailers are moving to meet the growing needs of the on-demand economy, in which the online buying, smartphone-wielding consumer expects a seamless, faster purchasing journey, a global survey has shown. The ‘Future of Fulfilment Vision... 

Savannah to incentivise senior management as it expedites mining projects

By: Marleny Arnoldi     13th April 2018 Aim-listed resource development company Savannah Resources has implemented a long-term incentive plan (LTIP) to incentivise executive directors and certain senior management as the company continues to expedite its projects to tap into the growing market for energy metals.  

Whirlpool Manufacturing Line, South Africa

By: Sheila Barradas     13th April 2018 Whirlpool South Africa is building a new manufacturing line in KwaZulu-Natal. 

Global silver output falls 4.1% in 2017, as industrial demand ramps up – GFMS

By: Henry Lazenby     12th April 2018 A new survey by the GFMS team at Thomson Reuters has found that global silver output had fallen 4.1% in 2017 to 852.1-million ounces. Prepared by GFMS, the report found that total physical demand of 1.02-billion ounces was 25% lower year-on-year, signalling that the tightening of the... 

French interested in South Africa and offering opportunities to South Africa

By: Rebecca Campbell     12th April 2018 French companies are confident in the South African market and in its future, French Embassy Economic Counsellor William Roos assured South African journalists at a briefing on Thursday. He pointed out Some 400 French companies had already set up business in South Africa and others are interested... 

Aurubis eyes smelting deals with miners in Americas, Australia

By: Reuters     12th April 2018 Aurubis, Europe's biggest copper smelter, is in talks with miners in South America, the US and Australia to set up smelting partnerships, as it pushes ahead with ambitious growth plans, its CEO told Reuters. Armed with a war chest of at least $1.5-billion for potential acquisitions, CEO Juergen... 

Dormant Swedish mine comes alive in rush for car batteries

By: Bloomberg     6th April 2018 The global race to develop batteries for electric cars is reaching deep into the pine forests of central Sweden, where a dormant graphite mine is getting a new lease on life. Woxna, situated about 259 km north of Stockholm, was mothballed in 2001 amid a slump in prices. Now, a Canadian company... 

Stronger gold price lifts global ETF inflows – WGC

By: Henry Lazenby     6th April 2018 Global gold-backed exchange-traded funds (ETFs) added 22.5 t of gold during March, increasing their holdings to 2 415 t valued at $102.8-billion, data provided by the World Gold Council (WGC) on Thursday shows. While the price of gold finished the month relatively flat $1 325/oz, a significant... 

Continued growth for tool manufacturer

     6th April 2018 This year, tool and equipment manufacturer the Hilti Group intends to maintain its growth momentum following last year’s growth of CHF 5.1-billion throughout all of its business regions. The company explains that year-on-year the company’s sales are up by 10.8%, and 9.6% in local currencies. 

Airport business model under threat globally

By: Rebecca Campbell     6th April 2018 Worldwide, airports are facing a significant challenge to their current business models, S&P Global infrastructure ratings senior director Mar Beltran has warned. The challenge comes from important changes in the behaviour of passengers using their facilities. Airports have benefitted from a boom... 

International Amateur Radio Union youth camp to be hosted in South Africa

By: Simone Liedtke     5th April 2018 The Youngsters-on-the-Air youth camp, which brings together radio amateurs younger than 26, will be held for the first time in South Africa from August 8 to 15. Eighty young radio amateurs from across Europe, Africa and parts of the Middle East are expected to attend the event, which will enable... 

Eldorado rises as Greek arbitration panel rejects State's claims

By: Henry Lazenby     4th April 2018 The TSX-listed equity of Canadian gold and base metals producer Eldorado Gold lifted off recent 52-week lows on Wednesday, after the company announced a favourable ruling by an arbitration panel in its dispute with the Greek government over its Madem Lakkos metallurgical plant. Vancouver-based... 

Social safety net programmes make substantial impact in global fight against poverty – World Bank

By: Marleny Arnoldi     4th April 2018 An estimated 36% of the world’s very poor – about 50-million people – escaped extreme poverty because of social safety nets, providing clear evidence that social safety net programmes are making a substantial impact in the global fight against poverty, the World Bank reports.  

Quebec govt sinks a further C$1.5m in Arianne Phosphate

By: Henry Lazenby     3rd April 2018 Project developer Arianne Phosphate has received a C$1.5-million grant from the Quebec ministry of energy and natural resources for its Lac a Paul apatite project. The funding is part of the province’s plan to support the new local phosphate industry. 

Savannah raises cash for project pipeline

By: Creamer Media Reporter      3rd April 2018 Aim-quoted Savannah Resources has potentially raised £2.1-million in gross proceeds for its project pipeline in Africa and Europe, the company reported on Tuesday. The fundraising comprised new and exiting investors subscribing for 27 636 361 new shares at 5.5 p a share, for gross proceeds of... 

Wadeville microgrid using second-hand car batteries for storage

By: Schalk Burger     30th March 2018 Power management multinational Eaton has launched a microgrid that powers its factory and campus in Wadeville, Gauteng, using second-hand lithium-ion electric car batteries for its storage component. The batteries come from Nissan Leaf electric vehicles driven in Europe, and have about 4.5 years... 

Paper producer to upgrade Mpumalanga mill 

By: Victor Moolman     30th March 2018 Pulp and paper producer Sappi will shut down its Ngodwana mill, in Mpumalanga, for four weeks in May, to install new equipment that will decrease bottlenecking. The company will install new machines, and upgrade the wood chipper, fibre line and pulp dryer, says Sappi Southern Africa CEO Alex... 

Nampak mulls sale of glass business

By: Simone Liedtke     29th March 2018 JSE-listed packaging company Nampak plans to dispose of its glass business, as market demand exceeds the operation’s capacity to supply products, given ongoing production limitations. Progress within the business has not been as fast as desired and it is expected to make a loss for the half year... 

Next-generation Ranger investment decision 'imminent', says Ford

By: Irma Venter     28th March 2018 US car maker Ford’s decision on where to produce the next-generation Ranger pickup “is imminent”, says Ford Middle East and Africa president Jacques Brent. South Africa is currently one of three global production sites for the Ranger. 

DAF Trucks on the up

     28th March 2018 Proving its performance and efficiency in pure numbers alone, the DAF XF 105.460 has firmly secured itself as the best current long-distance truck tractor in the South African transport market. The DAF XF 105.460’s outstanding fuel consumption was one of the leading factors that saw it take top... 

W Resources awarded €5.3m grant for Spain tungsten mine

By: Mariaan Webb     28th March 2018 The Junta de Extremadura government has awarded Aim-listed W Resources a €5.3-million grant for the La Parrilla tungsten and tin project, in Spain. The grant equates to 32% of the €16.6-million plant and facilities package that qualified for the grant contribution. 

Wall Colmonoy Celebrates 80 Years of Making Metals Work Harder

     27th March 2018 Wall Colmonoy, a global materials engineering group of companies engaged in the manufacture of advanced metal coatings and components, was established in 1938 in Detroit, Michigan by Albert F. Wall. Mr. Wall was a Canadian who immigrated to Detroit in the 1920s, after graduating as a Chemical... 

Ultra-Lok® clamping system makes inroads in traffic signage

     26th March 2018 The Ultra-Lok® clamping system from Banding & Identification (ID) Solutions Africa is a multi-purpose system that can be used for any band-and-buckle related application. Launched originally in South Africa in 2007 as a high-pressure hose assembly clamping solution, Ultra-Lok® has seen its... 

Centerra-funded EM survey starts at Erris’ Käringberget

By: Creamer Media Reporter      26th March 2018 Europe-focused explorer Erris Resources reported on Monday that a 20 km electromagnetic (EM) ground geophysical survey has started over previously identified targets at the Käringberget gold project, in northern Sweden. The survey, which is funded by joint venture partner Centerra Gold, is... 

BMW to push EV range to 700 km, 12 new EVs set for launch by 2025

By: Irma Venter     23rd March 2018 Powered by the fifth generation of battery and drivetrain technology, from 2021, BMW will be able to offer all-electric vehicles (EVs) with a range of up to 700 km, and plug-in hybrids with an electrical range of up to 100 km, the German car maker said this week as it released its annual... 

Industry buoyant owing to exports growth on automation adoption

By: Paige Müller     23rd March 2018 A high demand for automotive component exports has enabled the South African automotive components industry to remain stable, despite a local downswing in disposable income spending on cars, says fibre laser cutting and consumables supplier First Cut which supplies tier 1 and 2 manufacturers in... 

Remembering Julius Nyerere

By: Martin Zhuwakinyu     23rd March 2018 It took the threat of impeachment proceedings by his own party to get Jacob Zuma, decidedly the most inept – and venal – President South Africa has ever had, to vacate the Union Buildings on Valentine’s Day. Just under three months earlier, the ruling Zanu-PF party in neighbouring Zimbabwe had... 

The First International Day Dedicated To Recycling.

     22nd March 2018 Focusing on the increasing unsustainable consumption of our planet's natural resources and the economic and environmental savings  that companies and nature can achieve. Recycling: the seventh and most important resource in the world. A need to meet other needs, without turning to natural... 

Synology® C2 Backup now available to users worldwide

     22nd March 2018 Synology® Inc. announced the general availability of the Synology C2 Backup service to users worldwide. Initially established to meet the increasing demands from European customers for a secure and highly-integrated cloud backup solution, C2 Backup now allows precious data stored on Synology NAS... 

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