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Green car ferry going into operation mid-2017

     20th May 2016 German electronics and industrial conglomerate Siemens has been commissioned to provide a complete electro-technical solution for a car ferry for Finnish sea and lake transport provider FinFerries.  

Avalon diversifies into lithium

By: Mariaan Webb     19th May 2016 Copper and iron-ore developer Avalon Minerals on Thursday announced that it would move into lithium as a complimentary business to its flagship Viscaria copper project, in Sweden. The Australian company has secured interests in two main areas of lithium occurrences in Finland, including the... 

Miners adapting to more austere fundamental backdrop – report

By: Henry Lazenby     17th May 2016 Mining companies, in general, are adapting to a more austere fundamental backdrop, despite a recent announcement in Chinese media that the country would be removing stimulus and reprioritising reforms, which caused significant apprehension during Bank of America Merrill Lynch’s (BofAML’s) recent... 

Finnish government plans $113m funding for nickel mine – sources

By: Reuters     13th May 2016 The Finnish government is planning to inject around €100-million ($113-million) into Terrafame Mining, the state-owned company that runs Talvivaara's former nickel mine, but may eventually still have to close the operation, sources said. The government is planning to propose this month that... 

Freeport exits Africa with $2.7bn Tenke Fungurume sale 

By: Henry Lazenby     9th May 2016 US diversified miner Freeport McMoRan has announced the $2.65-billion sale Monday of its 70% interest in TF Holdings, which controlled an 80% stake in the Tenke Fungurume copper/cobalt mine, in the Democratic Republic of Congo (DRC). NYSE-listed Freeport had entered into a definitive agreement to... 

Nuclear energy obvious solution to SA power problems

By: Simon Sonnekus     6th May 2016 The nuclear new build programme, which is projected to supply the South African grid with 9.6 GW, will be a major step towards resolving South Africa’s power problems, says Russian State Atomic Energy Corporation (Rosatom) sub-Saharan Africa VP Viktor Polikarpov. “ . . . for South Africa to... 

Remotely controlled and managed shipping might soon be a reality

By: Dylan Slater     6th May 2016 Integrated power and propulsion systems company Rolls Royce last month unveiled its vision to make remote and autonomous shipping a reality as part of its Advanced Autonomous Waterborne Applications Initiative (AAWA) project.  

Trans-European Transport Network project, European Union

By: Sheila Barradas     1st April 2016 The project will remove bottlenecks, upgrade infrastructure and streamline crossborder transport operations for passengers and businesses throughout the European Union. 

Master Drilling maintains eye on growth as strategy gains traction

By: Natasha Odendaal     31st March 2016 JSE-listed Master Drilling continued to pursue its geographic, commodity and business diversification strategy throughout 2015, with gains expected to start being realised in the coming year. The company had set the platform with the acquisition of a Sweden-based company and its Chilean... 

EDF’s travails at Hinkley Point have no relevance to wider UK nuclear sector

By: Keith Campbell     25th March 2016 Normally, I like to vary my columns from month to month, but I find myself, for the the second month in a row, impelled to remain with the topic of nuclear energy. The reason is the current difficulties being experienced by the predominantly (about 84.5%) French State-owned group EDF regarding... 

It’s back to the future as Gordhan announces tax on sweetened drinks

By: Riaan de Lange     18th March 2016 ‘It’s time for the fat taxes’, read the headline of the instalment of this column published on July 17, 2015, in which I discussed the taxation of two externality-inducing goods, both of which are primary goods – one of these has been called the ‘next tobacco’ and the other ‘white death’ or the... 

French keen to include energy-intensive South African firms as nuclear equity partners 

By: Terence Creamer     13th March 2016 The French nuclear industry, led by electricity utility EDF, is gearing up in earnest to respond to South Africa’s request for proposals (RFP), which could be released before the end of March. The French President’s special envoy for the France-South Africa Nuclear Partnership, Pascal Colombani,... 

At this rate, we will need a Protection of Divestment Act

By: Riaan de Lange     11th March 2016 Is it ironic that, only a few days ago, notification of the publication of the Protection of Investment Act, 2015, appeared on the Department of Trade and Industry (DTI) website and, as I am typing, a mere hours ago, the Financial Times of London announced that Britain’s largest retail bank would... 

Bioproduct mill project, Finland

By: Sheila Barradas     11th March 2016 The project involves the construction of 1.3-million-tonnes-a-year bioproduct mill, in Äänekoski. 

Expected shortages boost crowd-pulling power of copper mines

By: Reuters     10th March 2016 An expected global shortage of copper in years to come has thrown a spotlight on the value of mines that produce the metal, with scouts from private equity firms, trading houses and miners sniffing out potential targets. Strong interest in good quality copper assets was recently highlighted by... 

Three Canadian provinces in top ten of Fraser Institute’s Policy Perception Index

By: Henry Lazenby     10th March 2016 Three Canadian provinces rated tops in the Fraser Institute’s Policy Perception Index (PPI), although Australia surpassed Canada in 2015 to become the most attractive region in the world for investment. However, only two Canadian jurisdictions (Saskatchewan at 2 and Quebec at 8) were in the top... 

WA tops Frasers list of mining investment destinations

By: Esmarie Swanepoel     2nd March 2016 Western Australia has come out on top in research organisation Fraser Institute's yearly survey of mining companies in 2015. Western Australia, which was ranked fourth in the 2014 report, displaced Nevada as the most attractive mining jurisdiction in the world, followed by Saskatchewan as first... 

S African steel output ticks up in January as world output contracts

By: Natasha Odendaal     23rd February 2016 While overall world crude steel production continued to decline, contracting 7.1% year-on-year in January, South Africa’s output grew 2.7% year-on-year to account for 650 000 t of the overall 128-million tonnes produced by the 66 countries reporting to industry body worldsteel. In December 2015,... 

Anglo amputating to improve survival chances – Investec

By: Martin Creamer     17th February 2016 The formerly widely diversified mining company Anglo American, which on Tuesday opted to jettison two-thirds of its minerals base by number, is engaging in widespread disposals to improve its chances of survival, Investec Securities commented on Wednesday. Driving Anglo’s “shrink-to-survive”... 

France promotes its nuclear expertise to South Africa 

By: Kim Cloete     17th February 2016 The French government is building its case for supporting South Africa’s nuclear build programme, with a visit to South Africa by the Special Envoy of the French President for the nuclear partnership, Dr Pascal Colombani.  He met with South African government officials and industrial leaders this... 

Tetra Pak expects to deliver over 100 million fully renewable packages in 2016

     3rd February 2016 Tetra Pak expects to deliver over 100 million Tetra Rex Bio-based packages to customers during 2016. The world’s first package made entirely from plant-based materials has gained popularity among consumers across Finland, Sweden, Norway and the Netherlands, with brands such as Valio, Arla Foods,... 

Konecranes – 106 years on

     2nd February 2016 Konecranes, today one of the top crane and hoist companies in the world, started off from humble beginnings in an old stable in the suburbs of Helsinki, Finland, in 1910. The history of the company is a rich and varied one, with the company growing into a major player in the world’s crane... 

ICT goods import growth slows to five-year low

By: Natasha Odendaal     1st February 2016 Global imports of information and communication technology (ICT) goods have slowed to a five-year low, the United Nations Conference on Trade and Development (Unctad) reveals. The static global growth of 1% in 2014 had been supported mainly by the only subsectors that had grown, namely the... 

Companies provide glimpse into bauma 2016 product launches

By: Natasha Odendaal     22nd January 2016 Expectations of innovative advancements in the construction and building materials machinery, mining machines, construction vehicles and construction equipment sectors are running high as the much anticipated bauma 2016 trade show nears. With rival companies preparing to descend on one of the... 

It’s not about where, but what

     22nd January 2016 It is two days before Christmas and the family is on route to the small village of Luosto, which is 927 km north of Helsinki and has a population of about 200, which declines to a mere 73 during summer. Our coach is full to capacity with couples and their overly enthusiastic children – it is... 

Bright future for creative containers

By: Creamer Media Reporter      21st January 2016 Shipping containers, since their inception, have been used for various applications and shipping container manufacturer Container World operations director Darren Singh believes there is a bright future ahead for the industry. 

Fixed wireless deployment growing apace, especially in Europe

By: Schalk Burger     15th January 2016 South African antenna manufacturer Poynting derives about 50% of its revenue from consumer and enterprise fixed wireless antenna product sales in Europe, including Norway, Finland, Denmark and Sweden, says Poynting founder and chairman Dr André Fourie. Fixed wireless network access is growing... 

Beowulf enters Finnish graphite market, sees great potential

By: Megan van Wyngaardt     11th January 2016 Aim-listed mineral explorer Beowulf Mining, which is mainly focused on its Kallak iron-ore project, in Sweden, has added four early-stage graphite exploration projects located in Finland to its portfolio through the acquisition of exploration company Oy Fennoscandian Resources. The transaction... 

Canadian miners recognised for sustainability policies

By: Henry Lazenby     16th December 2015 The Mining Association of Canada (MCA) has recognised eight mining facilities operated by Canadian miners Agnico Eagle Mines, First Quantum Minerals, Iamgold and Teck Resources, for their outstanding performance in the association’s Towards Sustainable Mining (TSM) initiative and their... 

Master Drilling expands European footprint 

By: Megan van Wyngaardt     25th November 2015 Drilling services provider Master Drilling International (MDI) has inked a €5-million deal that will see it acquire a 40% stake in Scandinavian raisebore drilling company Bergteamet Raiseboring Europe. This formed part of MDI’s long-term growth strategy and was an effective entry into the... 

Finnish mining association adopts Canadian CSR initiative

By: Creamer Media Reporter      4th November 2015 The Finnish Mining Association (FinnMin) will adopt the Mining Association of Canada’s (MAC's) Towards Sustainable Mining (TSM) initiative, a corporate social responsibility (CSR) programme developed to improve environmental and social practises in the mining industry. This was the first time TSM... 

Mikkeli Central Hospital upgrade and expansion project, Finland

By: Sheila Barradas     30th October 2015 The project will extend the current hospital. 

Agnico Eagle lifts guidance as strong Q3 operating results help boost bottom line

By: Henry Lazenby     29th October 2015 Canadian gold producer Agnico Eagle Mines is back in the black after reporting a profit for the quarter ended September, as strong production helped offset weaker metal prices. The Toronto-based miner reported a profit of $1.3-million, or $0.01 a share, after market close on Wednesday, compared... 

S2 Resources debuts on ASX

By: Esmarie Swanepoel     19th October 2015 The recently demerged S2 Resources on Monday made its debut on the ASX, with shares opening at 22c each. The company was established following the September merger of diversified miner Independence Group and Sirius Resources, which also saw Sirius shareholders approve the demerger of the Polar... 

Currency gains lift Mondi’s Q3 profit by 27%

By: Natalie Greve     8th October 2015 Paper and packaging company Mondi has reported a 27% year-on-year rise in its underlying operating profit for the third quarter ended September 30, to €22-million, with a good performance posted by all business units and strong incremental contributions from the packaging paper, uncoated fine... 

Yokogawa Releases CellActivision Software for Analysis of Images of Label-free Live Cells

     1st October 2015 Yokogawa Electric Corporation announces the release of CellActivision, an application program for the analysis and evaluation of images of label-free cells taken using cell imaging systems or conventional microscopes. This software is also useful for controlling cell quality in regenerative... 

Agnico Eagle continues to find gold in Mexico

By: Henry Lazenby     21st September 2015 Canadian gold miner Agnico Eagle Mines, which operates eight mines in Canada, Finland and Mexico, on Monday issued an exploration update for its Mexican development projects, which extended mineralisation at El Barqueno, and could increase reserves and resources at Creston Mascota, a Pinos Altos... 

SA could build nuclear without State funding 

By: News24Wire      21st September 2015 South Africa could look to places like Finland and Turkey when trying to figure out a way to fund its high-cost nuclear build programme. National Treasury is currently exploring funding options for the Department of Energy, which is seeking the procurement of 9 600 MW worth of nuclear energy by... 

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