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Swedish miner says Donald Trump doesn't hold key to metal prices

By: Bloomberg     28th March 2017 The operator of some of Europe’s largest copper and zinc mines expects President Donald Trump’s plans to spend on US infrastructure to have much less impact on base-metal prices than the needs of burgeoning middle-class populations in emerging markets. That’s because projects in the US and other... 

Tertiary finalises sale of Finnish gold assets

By: Anine Kilian     22nd March 2017 Aim-listed Tertiary Minerals has completed the sale of its noncore gold assets in Finland to Canadian precious metals miner Aurion Resources for £100 000 in cash and shares. The assets include Kaaresselkä and Kiekerömaa and Tertiary will retain a royalty interest in these two projects. 

Beowulf makes exploration progress at graphite project

By: Anine Kilian     13th March 2017 Swedish mineral exploration and development company Beowulf has completed four diamond drill holes at its Aitolampi graphite prospect, in Finland. About 505 m have been drilled in total, with drill holes extended 350 m along strike for the main conductive zone. 

In world first, MAC members commit to voluntary principles on security and human rights

By: Henry Lazenby     3rd March 2017 Members of the Mining Association of Canada (MAC) on Thursday committed to implementing the Voluntary Principles on Security and Human Rights (VPs) – a world first for a mining association. The VPs were created in 2000 to help extractive sector companies balance the obligation to respect human... 

MCA urges states to do more to attract mining investment

By: Esmarie Swanepoel     1st March 2017 The Minerals Council of Australia (MCA) has urged state and territory governments to “raise their game” to attract mining investment, pointing to the latest data from the Canada-based Fraser Institute that shows Australian states are slipping in terms of investment attractiveness and policy... 

SMS group to modernize entry section of a pickling line at SSAB in Finland

     6th February 2017 SSAB has awarded SMS group www.sms-group.com an order covering the modernization of a continuous pickling line entry section in its Hämeenlinna plant. This modernization will significantly increase the line’s availability and its output as well as the degree of automation and safety. Especially... 

Karelian excited by diamond find in Finland 

By: Anine Kilian     31st January 2017 The Geological Survey of Finland has, on behalf of Finnish diamond exploration company Karelian Diamond Resources, discovered a rare diamond in the Kuhmo region of eastern Finland. The diamond is a clear, pale green dodecahedron and measures 0.7 mm x 0.75 mm x 0.7 mm. 

Finland thinking of new version of South African missile to equip its ships 

By: Keith Campbell     27th January 2017 Earlier this month a senior officer of the Finnish Navy indicated that his service was interested in acquiring an improved version of the South African Umkhonto naval surface-to-air missile (SAM). Commodore (Cdre) Veli-Pekka Heinonen was talking to the journal “IHS Jane’s Navy International”.... 

MAC’s TSM initiative emerges as proven mining sustainability standard

By: Henry Lazenby     17th January 2017 The Mining Association of Canada (MAC) has released its twelfth yearly ‘Towards Sustainable Mining’ (TSM) progress report, highlighting the significant impact the initiative has had over the years to foster sustainability practices among its members. According to the MAC, Vancouver-based... 

Finland considering updated South African missiles for fleet modernisation

By: Keith Campbell     16th January 2017 Last week a senior officer of the Finnish Navy indicated that his service was interested in acquiring an improved version of the South African Umkhonto naval surface-to-air missile (SAM). Commodore (Cdre) Veli-Pekka Heinonen, was talking to the journal “IHS Jane’s Navy International”. Cdre... 

Contract miner dies at Agnico Eagle’s Kittilä mine, Finland

By: Henry Lazenby     16th December 2016 A contractor has died in a mining accident at TSX- and NYSE-listed Agnico Eagle’s Kittilä mine, in northern Finland. The miner said Thursday that the accident occurred underground on level 325 of the mine, however, details and exact cause are not yet known. 

Umkhonto missile export programme now in its final stages

By: Keith Campbell     16th December 2016 South African State-owned defence industrial group Denel announced at the end of last month that extensive testing of the Denel Dynamics Umkhonto (“Spear”, in English) naval surface-to-air missile, for an export customer, would take place early next year. The Umkhonto forms part of the armament... 

Mawson Resources signs drill contract

By: Anine Kilian     7th December 2016 TSX-listed Nordic exploration company Mawson Resources has initiated a more than 10 000 m diamond drill contract and 700-hole base-of-till drill programme at its 100%-owned Rompas-Rajapalot gold project, in northern Finland. The company noted on Tuesday that the diamond drill programme would... 

Gas technology group makes case for flexibility as South Africa mulls power road map 

By: Terence Creamer     7th December 2016 Leading gas-engine technology provider Wärtsilä has started making the case for greater flexibility within South Africa's evolving electricity supply industry, as well as within the gas-to-power subsector itself, as the country seeks comment on its future electricity road map. The Finnish group,... 

Tertiary Minerals sells Finnish gold assets to Canadian company

By: Megan van Wyngaardt     5th December 2016 Aim-listed Tertiary Minerals has sold two noncore gold assets, Kaaresselkä and Kiekerömaa, in Finland, to TSX-V-listed Aurion Resources. Aurion will pay an initial consideration of £15 000 in cash and £85 000 in Aurion shares, with Tertiary retaining a royalty interest in the projects. 

Denel reports Umkhonto missile export programme now in its final stages

By: Keith Campbell     30th November 2016 South African State-owned defence industrial group Denel announced on Wednesday that extensive testing of the Denel Dynamics Umkhonto (“Spear”, in English) naval surface-to-air missile, for an export customer, will take place early next year. The Umkhonto forms part of the armament of two... 

Dragon readies third mine in Finland

By: Esmarie Swanepoel     25th November 2016 Gold miner Dragon Mining has been cleared to start operations at its third gold mine in Finland, following the receipt of permission to process ore from the new Kaapelinkulma mine at the Vammala plant. The Kaapelinkulma mine is some 65 km east of the Vammala plant, and the project is estimated... 

Finnish firm gets funding to commercialise AMD solution in SA

By: Dylan Slater     18th November 2016 Following the July launch of water treatment technology for the treatment of acid mine drainage (AMD) and industrial hazardous waste water in South Africa, Finland-based company Global EcoProcess Services Oy (Epse) has been granted funding by the Finnish Funding Agency for Innovation for the... 

Lithuania seeking trade partnership with South Africa

By: Keith Campbell     4th November 2016 The first ever trade mission to South Africa from Lithuania, although small, represented no fewer than six sectors of the latter country’s economy. The just-concluded mission is part of the small European country’s programme of diversifying its trade and investment partners and expanding into the... 

Trade relations from afar

By: Riaan de Lange     4th November 2016 It took Julie Gold, in her own words, “on the one hand, two hours to write and, on the other hand, 30 years to write”, in 1986, the most famous of songs. The song was first recorded by Nanci Griffith for her 1987 album, Lone Star State of Mind, but it only became a commercial success after Bette... 

National Nuclear Regulator building itself up to meet future challenges

By: Keith Campbell     21st October 2016 South Africa’s National Nuclear Regulator (NNR) is busy strengthening the country’s nuclear regulatory framework, in anticipation of the planned construction of a fleet of new nuclear power stations (NPPs). “As part of strengthening our capacity we recently launched a Centre for Nuclear Safety... 

Difficult partner search jeopardises Areva State rescue

By: Reuters     20th October 2016 French Areva is struggling to find a buyer for its new nuclear fuel unit, analysts and sources said, a key condition for the European Union to clear a State rescue package for the group, hit by years of losses. Experts say third-party investment would prove to the European Commission that the new... 

Acid mine water quick-fix possible as water deficit looms, Oppenheimer, De Beers told 

By: Martin Creamer     19th October 2016 Water-constrained Gauteng may see an acid mine drainage (AMD) quick-fix in order to save the fresh water from the Lesotho Highlands Water Project from being wasted on AMD dilution instead of being available to the economy, environmental adviser Dr Anthony Turton said on Wednesday. Delivering the... 

S African nuclear regulator building itself up to meet future challenges

By: Keith Campbell     5th October 2016 South Africa’s National Nuclear Regulator (NNR) is busy strengthening the country’s nuclear regulatory framework, in anticipation of the planned construction of a fleet of new nuclear power stations (NPPs). “As part of strengthening our capacity we recently launched a Centre for Nuclear Safety... 

FinnAust completes metallurgical testwork at Greenland project

By: Megan van Wyngaardt     4th October 2016 Successful second-stage metallurgical testwork at FinnAust Mining’s Pituffik titanium project, in Greenland, has demonstrated the mine’s potential to produce a gravity-separated concentrate that compares favourably against existing hard rock sources of ilmenite. FinnAust on Tuesday stated that... 

Sub-Saharan Africa must preserve innovation momentum – index

By: Megan van Wyngaardt     15th August 2016 The Global Innovation Index (GII) has ranked Mauritius as the most innovative economy in sub-Saharan Africa, above South Africa. Overall, however, the two countries placed fifty-third and fifty-fourth, with Switzerland in first place for a sixth consecutive year. The GII, published by Cornell... 

First Quantum sets new quarterly records for production, sales

By: David Oliveira     29th July 2016 Canadian base metals producer First Quantum Minerals (FQM) set a new quarterly record for copper production and sales of 131 349 t and 132 030 t, respectively, in the three months to June 30, surpassing previous records set in the first quarter of this year. The company’s Sentinel copper mine, in... 

South Africa struggling to manage the water crisis – Turton 

By: Anine Kilian     27th July 2016 Albeit a water-strained country, South Africa has one of the most diverse economies in the world for the ecosystem in which it is embedded, according to University of the Free State professor and water expert Dr Anthony Turton. Speaking at the ninth yearly Green Building Conference in Sandton,... 

E-commerce a $22tn market of opportunities – Unctad

By: Natasha Odendaal     18th July 2016 The United Nations Conference on Trade and Development (Unctad) has unveiled a new electronic commerce (e-commerce) initiative to assist emerging economies in leveraging the rapidly growing $22.1-trillion market. The global e-commerce market has increased 38% since 2013, with business-to-business... 

ICTSI Australia unit signs AUD398 million loan facility

     15th July 2016 Victoria International Container Terminal (VICT) signed a syndicated loan facility worth AUD 398 million (approximately USD 300 million) with seven leading global financial institutions, namely: Citibank N.A., KFW IPEX-Bank, Standard Chartered Bank as Mandated Lead Arrangers and Bookrunners, Bank... 

Biomass dust combustion plant project, Finland

By: Sheila Barradas     15th July 2016 The project entails the supply of a biomass dust combustion plant for Finnish utility company Seinäjoen Energia Oy. 

Savannah appoints two new board members

By: Natasha Odendaal     12th July 2016 Following a February placing that saw a privately owned investment fund become Aim-listed Savannah’s largest shareholding, two new board members have been appointed to represent the fund, Al Marjan. Al Marjan increased its shareholding to 29.99% after Savannah placed more than 98-million shares... 

Stainless steel in municipal applications has potential to save SA millions in water costs

     11th July 2016 Market developments in the international stainless steel industry have revealed the high value potential of using stainless steel piping in the service delivery of municipal water that can potentially save millions of Rands lost in leakage and filtration costs as well as see a reduction in the... 

Proposed tax on sugar-sweetened beverages published 

By: Tracy Hancock     8th July 2016 National Treasury published a policy paper and proposals on the taxation of sugar-sweetened beverages (SSBs) for public comment on Friday. The problem of obesity had grown over the past 30 years in South Africa, resulting in the country being ranked the most obese country in sub-Saharan Africa. 

Finns unveil acid mine water fix  

By: Martin Creamer     5th July 2016 A Finnish technology innovator on Tuesday unveiled a new and different solution to the problem of acid mine drainage (AMD). Global EcoProcess Services Oy (EPSE) provides a technology that extracts saleable metals from AMD and produces purified clean water. 

Plant-based packaging gains popularity

By: Sascha Solomons     1st July 2016 Food processing and packaging solutions provider Tetra Pak produced the world’s first package made entirely from plant materials, the Tetra Rex Bio-based, using a combination of Forest Stewardship Council-certified paperboard and certified bio-plastics materials. The company is expected to... 

Slow economic growth challenges local engineering industry

By: Sebastian Whyle     24th June 2016 Infrastructure projects, consulting and project management services provider Aecom Africa CEO Carlos Poñe tells Engineering News that low economic growth in South Africa is a major challenge for the consulting engineering industry.  

Savannah granted permits for Finland lithium projects

By: Anine Kilian     23rd June 2016 Aim-listed Savannah Resources has been granted reservation permits over two new lithium projects, Somero and Eräjärvi, in Finland.     CEO David Archer said that these projects provided the company with access to the lithium market, which, in light of growing demand from the burgeoning battery... 

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