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


Malawi seeks funding for new dam to shore up supply to Mzuzu

By: Marcel Chimwala     Updated 6 hours ago Malawi’s Northern Region Water Board (NRWB) is seeking $120-million in financing for a new dam to supply the city of Mzuzu. Mzuzu and surrounding areas rely on the Lunyangwa dam, which can no longer meet increasing water demand from a growing population. 

Company offers customisable electrical distribution solution

By: Jessica Oosthuizen     Updated 6 hours ago Transformer supplier Trafo Power Solutions is offering dry-type mini substations as a complete and customisable electrical distribution solution for several applications. “Mini substations generally include oil transformers, but Trafo Power Solutions is now able to design and deliver dry-type... 

Three new Novus products improve temperature logging accuracy

     Updated 6 hours ago Brazilian loop controller and data instrumentation manufacturer Novus Automation has launched three new products within the last four months, the Novus LoopView, the LogBox-BLE and the RHT Climate range with a focus on temperature and pressure monitoring. The first product is the Novus LoopView.... 

Kusile power plant project, South Africa

By: Sheila Barradas     Updated 6 hours ago General Electric has successfully completed performance tests on Unit one of the power plant. 

Mining equipment supplier Weir buys US market leader Esco in $1.3bn tie-up

By: Henry Lazenby     Updated 7 hours ago UK-based mining equipment dealer Weir has signed a binding $1.29-billion accord to buy Portland, Oregon-based Esco – a local market leader in provisioning the mining, construction and industrial markets. "We are acquiring a high quality business at the right time, with the market in the early... 

Kinder Morgan pipeline expansion investment untenable – CEO

By: Henry Lazenby     19th April 2018 The CEO of Kinder Morgan Steven Kean has conceded that the C$7.4-billion twinning of the existing Kinder Morgan crude oil pipeline between Alberta and British Columbia “may be untenable for a private party to undertake”. He made the comments during the company’s first-quarter conference call on... 

Drilling continues at Kodal’s Bougouni project

By: Anine Kilian     19th April 2018 Aim-listed Kodal Minerals plans to continue reverse circulation drilling on its Mali-based Bougouni lithium project until the start of the rainy season in June/ July. "We are continuing with the major exploration and definition programme at Bougouni, with multiple key activities happening in... 

Bell laments import duties on steel, tyres; Kamaz assembly could start in 2019

By: Irma Venter     19th April 2018 “South African manufacturers are paying 22% too much for their steel; whether you are making lamp posts or electrical cabinets, you are not going to pay what you would pay on the global market,” says Bell Equipment CEO Gary Bell. Bell Equipment manufactures six lines of capital equipment,... 

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... 

Santos production falls in Q1

By: Esmarie Swanepoel     19th April 2018 Planned maintenance has seen oil and gas major Santos’ first-quarter production decline by 1.2-million barrels of oil equivalent, compared with the previous quarter, to 13.8-million barrels of oil equivalent. The ASX-listed major told shareholders on Wednesday that planned maintenance in Moomba... 

Department shares Vaal dam water regulatory best practice with Nigerian group

By: Marleny Arnoldi     18th April 2018 The Department of Water and Sanitation (DWS) on Wednesday hosted a delegation from the Nigerian government’s integrated water resources management commission at the Vaal dam, in the Free State, to undertake a technical study tour and share water regulatory best practices. The study tour comes as... 

AfriSam bolsters Western Cape prominence with technical Zeitz Museum concrete work

By: Schalk Burger     18th April 2018 Building materials company AfriSam designed and supplied specialist concrete for the construction of the Zeitz Museum of Contemporary Art Africa, which involved the cutting away of the inside of the old grain silo at the V&A Waterfront, in Cape Town, to build the modern art museum. The museum,... 

Polymetal’s new mine slightly ahead of schedule, Q1 output up

By: Mariaan Webb     18th April 2018 Construction activities at the new Kyzyl mine, which LSE-listed Polymetal is building in Kazakhstan, are slightly ahead of schedule, with commissioning brought forward by a couple of weeks. Dry commissioning of the processing plant would start on June 1, followed by first concentrate production... 

Jupiter mines to list on ASX; Tshipi increases FY18 net profit

By: Marleny Arnoldi     17th April 2018 Jupiter Mines, which owns a 49.9% interest in Tshipi é Ntle Manganese Mining, will list on the ASX on Wednesday, with the company’s board and management to ring the ASX bell in Sydney to formally start trading.  

CMH achieves 17.2% y/y increase in FY18 headline earnings despite challenges

By: Marleny Arnoldi     17th April 2018 Investment holding company Combined Motor Holdings (CMH) on Tuesday reported a good set of results for the financial year ended February 28, despite ongoing challenges including a difficult economic, trading and political environment.  

Outa calls for Eskom turnaround before tariff hikes are granted

By: Kim Cloete     17th April 2018 Eskom should first implement a turnaround strategy before the National Energy Regulator of South Africa (Nersa) considers granting it a tariff hike, says the Organisation for Undoing Tax Abuse (Outa). “Eskom leadership must institute stringent measures to recoup the billions of rands siphoned out... 

After setbacks, Anglo American counting on turnaround for Minas-Rio mine

By: Reuters     17th April 2018 Two leaks in a month, a 90-day outage and $58-million in fines is not enough to temper Anglo American's ambition for its long-delayed, multi-billion dollar Minas-Rio iron-ore mine in Brazil. Purchased at the height of the commodities boom a decade ago for $5.5-billion, Anglo American was once... 

Star Diamond’s Saskatchewan projects shine with C$2bn after-tax NPV

By: Henry Lazenby     17th April 2018 The TSX-quoted equity of project developer Star Diamond (formerly Shore Gold) closed in the black on Monday after a preliminary economic assessment (PEA) on its fully-owned Star-Orion South kimberlite projects reported strong metrics. The PEA reported an after-tax net present value on a... 

Gorgon Stage 2 gets approval

By: Esmarie Swanepoel     16th April 2018 The Western Australian state government has welcomed a decision by US energy major Chevron to proceed with the second stage of the Gorgon project expansion, off the coast of Western Australia. Premier Mark McGowan said Chevron's subsea development at the Gorgon natural gas project will create... 

Shareholders give thumbs up for Leagold/Brio merger

By: Henry Lazenby     13th April 2018 The shareholders of both Leagold Mining and Brio Gold have voted in favour of a friendly $264-million all-scrip offer by Leagold to acquire Brio. Brio now intends to seek a final order approving the transaction from the Ontario Superior Court of Justice by next Tuesday. Assuming all other... 

SAA must look to Ethiopian Airlines

By: Martin Zhuwakinyu     13th April 2018 Late last month, the top brass at South African Airways (SAA) was in the National Assembly, briefing Parliamentarians about the perennial ills at the national carrier. New CEO Vuyani Jarana, who, together with board chairperson Johannes Magwaza, led the delegation, painted a rather depressing... 

Mt Gibson pushes up sales in March quarter

By: Esmarie Swanepoel     12th April 2018 Junior iron-ore miner Mount Gibson has reported a 16% quarter-on-quarter increase in ore sales for the three months to March, as the company’s efforts at Iron Hill, in the Mid West, paid off. Mount Gibson sold some one-million tonnes of ore during the March quarter, generating free-on-board... 

Morning Star plant recommissioned

By: Esmarie Swanepoel     12th April 2018 ASX-listed AuStar Gold has completed the recommissioning of the process plant at the Morning Star gold mine, in Victoria. “Another major milestone has been achieved in our successful recommissioning of the processing plant at the Morning Star gold mine,” said AuStar Gold CEO Tom de Vries. 

Rand Water threatens to cut water to Emfuleni municipality over R419m debt

By: News24Wire      11th April 2018 Rand Water has announced that it will once again reduce the bulk water supply to the Emfuleni Local Municipality after it failed to reach a settlement on the payment of the municipality's R419-million debt. Rand Water's Justice Mohale said in a statement on Wednesday that the entity was taking... 

S African foundry aims to expand footprint in North America 

By: Donald Makhafola     11th April 2018 The capacity of some aspects of the smelting industry in North America, such as the steel sector, has significantly deteriorated in the past 25 years, as a result of Chinese companies dominating the market and supplying cheaper products, says South Africa-based foundry and engineering company... 

Bushveld Energy progresses with electrolyte production facility, Eskom VRFB project

By: Marleny Arnoldi     11th April 2018 Bushveld Minerals subsidiary Bushveld Energy has made significant progress with exploiting the commercial opportunity of Vanadium Redox Flow Battery (VRFB) technology within the energy storage market in the first quarter of this year.  

Afrox secures contract to supply medical gases to State healthcare facilities

By: Simone Liedtke     11th April 2018 JSE-listed African Oxygen (Afrox) has been awarded a contract to supply medical gases to government hospitals and clinics across all provinces. 

The Principles for effective combustion control in fired heaters

     11th April 2018 Fired heaters are integral to hydrocarbon processing (HP). Specifically designed for the reaction of fuel and air to produce extremely high gas temperatures, heaters transfer this energy to potentially highly flammable process fluids via heat exchangers. They consume large quantities of fuel,... 

Mountain Province, Kennady shareholders overwhelmingly vote in favour of merger

By: Henry Lazenby     10th April 2018 Overwhelming majorities of Mountain Province Diamonds and Kennady Diamonds shareholders have approved the proposed merger of the companies. TSX- and Nasdaq-listed Mountain Province said that about 93% of the shareholders present in person or represented by proxy at the shareholder meeting on... 

Lithium Americas rises on Nevada Lithium project resource growth

By: Henry Lazenby     10th April 2018 A new technical report on Lithium Americas’ 100%-owned Lithium Nevada project has increased the compliant measured and indicated resources by about 80% over the prior 2016 estimate, establishing the company as the largest and highest-grade known claystone lithium resource in the US. The National... 

M&A increasingly important in Chaarat’s midtier miner strategy

By: Mariaan Webb     10th April 2018 Aim-quoted Chaarat, which is developing a namesake gold project in the Kyrgyz Republic, on Tuesday provided more detail about how it plans to become a midtier gold producer focusing on Central Asia and the former Soviet Union. In a corporate update, nonexecutive chairperson Martin Andersson said... 

Centrogold proves positive for Avanco

By: Esmarie Swanepoel     10th April 2018 A scoping study into the Centrogold project, in Brazil, has indicated a strong potential for a high-grade, low capital mining operation, ASX-listed Avanco Copper said. The scoping study estimated an initial mine life of 11 years, with the project producing an average of 129 900 oz/y from a... 

Endress+Hauser introduces the Memosens CCS50D chlorine dioxide sensor

     10th April 2018 Endress+Hauser is starting a new platform for disinfection sensors. The new Memosens CCS50D chlorine dioxide sensor supports safe and effective disinfection for clean drinking water, pathogen-free cooling water and high-quality process water Systematic disinfection is an essential step in water... 

Vanadium batteries need 'Elon Musk moment' to kick-start market

By: Bloomberg     10th April 2018 Vanadium needs Elon Musk or another big player in the global battery market to get behind the metal in order to share centre stage with other energy-storage components such as lithium and cobalt. “When we get that moment, we’re off to the races,” Vincent Algar, MD of Australian Vanadium, said in... 

South Africa to play key role in 2019 expedition to Antarctica’s Weddell Sea

By: Simone Liedtke     10th April 2018 The Weddell Sea off Antarctica, one of the coldest, harshest and most remote locations in the world, will be explored next year by a major international scientific expedition in which South African research organisations and scientists will play vital role. The January/February expedition will... 

ATAC, Barrick spending to top C$13m at Yukon-based Rackla gold project

By: Henry Lazenby     9th April 2018 In what is anticipated to be one of the largest exploration programmes in the Yukon this year, partners ATAC Resources and Barrick Gold have announced a C$13-million exploration budget for the Racklan gold project, in the Yukon Territory of North-West Canada. Under an April 2017 earn-in... 

Tavsan feasibility study to start following resource classification

By: Creamer Media Reporter      9th April 2018 The resource classification of the Tavsan project, in Turkey, has been materially improved, with 71% of the resource now classified as measured and indicated, 50% owner Ariana Resources reported on Monday. The Tavsan project, which is part of the Red Rabbit joint venture (JV) with Turkish firm... 

Energas introduces new Mokveld Typhoon Valve System

     9th April 2018 After more than a decade of development and testing in diverse applications, Mokveld’s Typhoon Valve System is now ready for commercial use. The technology is also now available locally through Mokveld’s distributor in South Africa, Energas Technologies, a leading supplier of high-end and... 

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