R/€ = 14.99 Change: -0.12
R/$ = 12.27 Change: -0.17
Au 1324.06 $/oz Change: -17.04
Pt 922.00 $/oz Change: -9.99


Jungheinrich: "Your Connection To Success"

     Updated 3 hours ago Largest exhibitor at CeMAT 2018 Intralogistics 4.0 is lived daily at Jungheinrich 

Porsche’s Toby Venter to add Lamborghini to his stable

By: Irma Venter     Updated 6 hours ago Toby Venter’s LSM Distributors will, in May, expand its South African portfolio with the addition of the Lamborghini brand. LSM currently distributes sports car brand Porsche and super-luxury marque Bentley in South Africa. 

On-The-Air (20/04/2018) 

By: Martin Creamer     20th April 2018 South Africa is expected to play an important role in a large new multi-billion-rand potash project in the Republic of Congo. Wonderful news for platinum is that mining equipment driven by a fuel cell is scheduled to make a game-changing debut underground next year. Mining giant Glencore has... 

Bolivia nearing deal on partner to develop lithium – Minister

By: Reuters     20th April 2018 Bolivia's energy minister said on Thursday the government would pick a partner to develop the country's ample lithium resource "in coming days" after narrowing the field of candidates to two firms from Russia and Germany. The South American nation hopes to sign a deal with a foreign partner after... 

Resistance persists despite declaration of new renewables dawn

By: Terence Creamer     20th April 2018 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... 

What Industry 4.0 means for business

     20th April 2018 At its core, the Fourth Industrial Revolution, or Industry 4.0, is driven by the coming together of physical and digital technologies. By gathering and analysing data from machines and robots, we are able to obtain insights into the health and performance of industrial installations, allowing us... 

Adhesive for heavy, abnormal loads applications launched

By: Paige Müller     20th April 2018 Diversified sealing and adhesive company Loctite, a subsidiary of Germany headquartered Henkel, launched a new range of Loctite universal structural bonders (industrial strength hybrid adhesives) that expands the capabilities of traditional adhesives.  

Resistance persists despite declaration of new renewables dawn

By: Terence Creamer     20th April 2018 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... 

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,... 

McCloskey International Set to Showcase New Compact Crusher at Intermat 2018

     17th April 2018 Intermat visitors will have a chance to view the most recent addition to McCloskey International’s product portfolio, the I34R compact impact crusher, during Intermat Paris, 23-28 April 2018. This exciting new highly mobile machine will be on display outside the entrance to Hall 6 for the... 

Ride-hailing kilometres predicted to grow dramatically to 2030

By: Irma Venter     17th April 2018 Today, ride-hailing accounts for 4% of all miles driven globally. By 2030 it will be 25%, says Uber Technologies public policy head Yolisa Kani. In South Africa, Uber has proven most popular when people spend an evening out. 

PIC rejects Aton's takeover offer for M&R

By: Reuters     17th April 2018 South Africa's Public Investment Corporation (PIC), the second-biggest shareholder in Murray & Roberts (M&R), said on Monday it had rejected an offer by Germany's Aton to acquire the engineering and construction firm. M&R's biggest shareholder German investor Lutz Helmig's Aton, which owns more... 

Glencore releases all-embracing 117-page sustainability report

By: Martin Creamer     16th April 2018 One of the strategic priorities of diversified mining and marketing company Glencore is to invest in community initiatives that deliver sustainable socioeconomic benefits, the London- and Johannesburg-listed company states in today’s 117-page Sustainability Report 2017, which emphasises 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... 

Flooring company takes over linoleum activities

     13th April 2018 Production and distribution of flooring, wallcovering and finishes global leader Gerflor entered into a binding agreement to acquire floor coverings manufacturer DLW Flooring’s linoleum activities. Consummation of the transaction is subject to customary regulatory approvals and was expected to... 

SA firm’s high-capacity air hoists making inroads into global oil and gas, marine sectors

By: Schalk Burger     13th April 2018 Industrial pneumatic equipment manufacturer ATS 2000 is reporting significant demand for its high-capacity air hoists in the international oil and gas market and for industrial and marine applications, says ATS 2000 MD Glenton Rebello. The company has manufactured four 60 t air hoists at its... 

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... 

Lava in lab studies could lead miners to new iron-ore deposits

By: Marleny Arnoldi     12th April 2018 A study on iron-ore deposits has found that some magmas split into two separate liquids – one of which is rich in iron – and could lead to the discovery of new iron-ore deposits.  

Bacanora terminates NextView placing, reaffirms Sonara H1 construction start

By: Mariaan Webb     6th April 2018 London-listed Bacanora Lithium has terminated its £31.17-million placing agreement with NextView, after the Chinese institutional fund management group defaulted on the December 2017 agreement. NextView would have acquired a 19.89% equity interest in Bacanora through the acquisition of 32 976... 

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... 

Cattle class

By: Martin Zhuwakinyu     6th April 2018 I was in Uganda. Lovely people, beautiful scenery, traffic nightmare, airport nightmare. Entebbe International Airport is 40 km from the capital, Kampala. It takes two hours to travel from Entebbe to Kampala. Departing, your baggage is X-rayed three times and you are metal-detected three times.... 

Company resupplies machine stock to keep S. African market supplied

By: Victor Moolman     6th April 2018 To keep its supply of stud-welding machines current, furnace and industrial services company The Dickinson Group keeps a range of such machines in stock at its Vereeniging headquarters at all times. The company has supplied more than 600 stud-welding machines over the past 24 years to the mining,... 

Durban port upgrade and expansion project, South Africa

By: Sheila Barradas     6th April 2018 The upgrade of two shiploaders at the Durban harbour has been completed. 

BMW X3 production starts at Rosslyn plant

By: Simone Liedtke     5th April 2018 Car maker BMW Group South Africa (BMW SA) has started production of the new BMW X3 at its Rosslyn plant, in Tshwane. The German firm has invested R6-billion in South Africa since November 2015 to prepare the plant to produce the BMW X3. 

Stand a chance to win a car at the 40th SAPICS conference

     5th April 2018 To mark four decades of bringing supply chain professionals from around the world together to network and share knowledge in supply chain management, SAPICS says that its 40th annual conference in June will be a milestone event. In addition to an exceptional line up of dynamic presenters, the... 

Zinnwald lithium study progressing on schedule – Bacanora

By: Mariaan Webb     4th April 2018 Aim-listed Bacanora Lithium is continuing to advance a feasibility study to demonstrate the economic viability of producing higher value lithium products at the Zinnwald project, in Germany, for the European battery and automotive sectors. The feasibility study is under way and is scheduled for... 

Earthworks start at W’s Spain tungsten mine

By: Mariaan Webb     3rd April 2018 The construction team of the La Parrilla mine, in Spain, has mobilised to site and earthworks have started for the T2 development phase of the project. In a project update on Tuesday, Aim-listed W Resources reported that site preparation works were under way and that earthworks pads for the... 

Ex-Microsoft manager lands Responsible Cobalt Initiative role

By: Reuters     29th March 2018 A former manager for Microsoft Corp in China has been named as the first executive secretary of the Responsible Cobalt Initiative (RCI), which works to address social and environmental risks in the cobalt supply chain. Christina Feng, who managed the US tech giant's programme for the responsible... 

M&R's fifth-largest investor rejects Aton's buyout bid

By: Reuters     28th March 2018 The fifth-largest shareholder in Murray & Roberts (M&R) plans to reject a hostile buyout bid from Germany's Aton that values the South African builder at nearly $600-million. "The offer of R15 per share is below what we believe is fair value. As a result we won't be committing to sell into this... 

SCHADE Lagertechnik successful in accreditation to ISO 9001

     26th March 2018 In January 2018 SCHADE Lagertechnik GmbH, Germany, achieved re-accreditation under the international quality management system ISO 9001, as well as under the environmental standard ISO 14001 and the occupational health and safety standard OHSAS 18001. The audit was carried out by TÜV Hessen and... 

Norsk Hydro sees limited effect from US aluminium tariffs

By: Reuters     23rd March 2018 Norwegian aluminum-maker Norsk Hydro on Friday said the new US toll barriers on aluminium would have a very limited direct effect on the firm. "From a Norwegian perspective, this will have a very limited effect on us", said Hydro spokesman Halvor Molland, adding that Hydro had "some exports" to... 

Trump temporarily excludes EU, six other allies from steel tariffs

By: Reuters     23rd March 2018 US President Donald Trump has temporarily excluded six countries, including Canada and Mexico, and European Union states from higher US import duties on steel and aluminum meant to come into effect on Friday. In a Presidential proclamation published late on Thursday, Trump said he would suspend... 

De Beers expands Forevermark brand in Europe

By: Mariaan Webb     22nd March 2018 Global diamond miner De Beers is expanding its Forevermark in key European countries, with the brand entering the German market and potentially also France and Italy. The Anglo American subsidiary is aiming to bolster the diamond brand’s visibility in key European countries, which attract a... 

EU trade chief hopeful of exemption from Trump tariffs

By: Reuters     22nd March 2018 European Trade Commissioner Cecilia Malmstrom expressed cautious optimism on Thursday that US President Donald Trump would exempt the European Union from import tariffs to be imposed on steel and aluminium. The United States is set to begin charging import duties of 25% on steel and 10% on... 

G20 agrees to 'monitor' cryptocurrencies but no action yet

By: Reuters     21st March 2018 Financial policymakers from the world's top 20 economies agreed to keep a watchful eye on cryptocurrencies on Tuesday and opened the door to regulating the booming industry at a later stage. Wild swings in the price of Bitcoin, the best known of a myriad of digital currencies issued by private... 

G20 sees need for 'dialogue,' fails to diffuse trade war threat

By: Reuters     21st March 2018 The world's financial leaders rejected protectionism on Tuesday and urged "further dialogue" on trade, but failed to diffuse the threat of a trade war days before US metals tariffs take effect and Washington is to announce measures against China. Finance ministers and central bankers of the... 

Bell Equipment delivers significantly better results

By: Marleny Arnoldi     16th March 2018 Heavy equipment manufacturer Bell Equipment has delivered significantly improved results in 2017, with profit rising to R272.1-million, from R38.6-million in 2016 when the company recorded operating losses of R185-million from its African operations outside South Africa.  

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