http://www.engineeringnews.co.za
R/€ = 14.52 Change: 0.02
R/$ = 13.77 Change: -0.08
Au 1160.34 $/oz Change: -11.16
Pt 914.50 $/oz Change: -29.00
 

Topic

Australian M&A activity down 26% in Q1

By: Esmarie Swanepoel     26th May 2015 Australian merger and acquisition (M&A) activity in the resource sector dropped by 26% in the first quarter of 2015, with only 17 deals concluded during the period. Advisory firm Ernst & Young (EY) revealed on Tuesday that the value of the M&A transactions also declined by 52% over the same... 

CIL to dump Mozambique investment only after government nod

By: Ajoy K Das     25th May 2015 A final decision on producer Coal India Limited (CIL) aborting its Mozambique investments will only be taken in September or October, after the impact on diplomatic and economic bilateral relations between the two countries has been assessed. According to government officials, CIL’s "unofficial"... 

SA steel output down 17% in April – worldsteel

By: Natalie Greve     22nd May 2015 South Africa’s crude steel production dropped by a sizeable 17.2% year-on-year to an estimated 530 000 t in April, amplifying a global trend that saw world steel production decline by a comparatively marginal 1.7% to 135-million tons in the fourth month of the year. According to figures from the... 

Recycling key to meeting goal of zero plastics to landfill by 2030

By: Zandile Mavuso     22nd May 2015 Industry body Plastics South Africa (SA) believes that its sustainability objective, dubbed ‘Zero Plastics to Landfill by 2030’, which was launched in February last year, is both realistic and achievable. The organisation says the goal, which will be pursued in phases, will rely heavily on... 

KTR

     22nd May 2015 With more than 50 years of experience in power transmission, and more than 40 premises worldwide, high-quality power transmission components manufacturer KTR is a leading supplier of couplings, clamping sets, torque limiters, torque measuring systems, hydraulic components and brake systems –the... 

Recycling key to meeting goal of zero plastics to landfill by 2030

By: Zandile Mavuso     22nd May 2015 Industry body Plastics South Africa (SA) believes that its sustainability objective, dubbed 'Zero Plastics to Landfill by 2030', which was launched in February last year, is both realistic and an achievable. The organisation says the goal, which will be pursued in phases, will rely heavily on... 

Wind farm projects, India

By: Sheila Barradas     22nd May 2015 The project involves the construction of two wind farms with a collective capacity of 158 MW. 

Exhibition area at IFAT Environmental Technology Forum Africa in Johannesburg extends to outdoors

     21st May 2015 Key players signed up National and international support from associations and government ministries Exhibitor allocation for IFAT Environmental Technology Forum Africa has begun and the organizers are very positive about the stand confirmations to date: The exhibitor target for this trade fair,... 

Aspen subsidiaries shed products

By: Natasha Odendaal     21st May 2015 JSE-listed Aspen Pharmacare on Thursday said it planned to shed about 130 products from its Aspen Australia subsidiary to India-headquartered Strides Arcolab subsidiary Strides Pharma Australia for A$265-million. The portfolio, which comprised a generic pharmaceutical business together with... 

Mining remains a major economic contributor despite slowdown – MCA  

By: Esmarie Swanepoel     21st May 2015 The slowdown in the commodity sector was not expected to diminish the Australian resources industry’s overall contribution to the economy, the Minerals Council of Australia has reported. CEO Brendan Pearson told the Austmine conference this week that despite the fact that commodity prices were... 

Indian PM breathes life into Posco’s stalled project

By: Ajoy K Das     21st May 2015 South Korean steel major Posco’s plans for securing iron-ore resources for its $12-billion Indian investments have been thrown a lifeline through the intervention of Indian Prime Minister Narendra Modi. The project, which has been hanging fire for over a decade, was given a nudge following the... 

India’s higher potash import price threatens volumes

By: Ajoy K Das     19th May 2015 Having failed in a bid to avoid a price hike in the first two potash import deals for the financial year, fertiliser producers in India expected inward shipments of fertiliser minerals to drop during 2015/16. Indian potash importers have concluded their first two deals of the year, of... 

Strong Government Support for SMMEs at Empowertec Africa

     19th May 2015 The City of Joburg and the Ministry of Small Business Development have announced their support for Empowertec Africa, a small business opportunities showcase that forms part of the SA Industry and Technology Fair taking place from 20 to 22 May 2015 at Gallagher Convention Centre, Midrand. As part... 

WPIC narrows expected FY platinum deficit

By: Natalie Greve     18th May 2015 The World Platinum Investment Council (WPIC) has revised downwards its initial full-year global platinum market deficit for 2015 from 235 000 oz to 190 000 oz, despite maintaining its total supply forecast for the 12 months at 7.9-million ounces, as higher projected mining supply was expected to... 

Chery, FAW, Foton in price battle as rand slumps, competition increases

By: Irma Venter     18th May 2015 Sales of Chery vehicles have dropped around 20% since peaking in 2011 and 2012, says Pedro Pereira, who is responsible for the Chery, FAW and Foton brands within the Imperial group. All three brands are imported from China. 

India promises small industries a piece of the coal auction pie

By: Ajoy K Das     15th May 2015 Stung by opposition from small-scale industries (SSI) against plans to auction coal supply linkages, India’s Coal Ministry was likely to reserve a number of coal blocks exclusively for supplies to SSIs. According to an official, the Ministry was working to reserve a few coal blocks in the next... 

Climate project calls for emissions reduction agreement

By: Anine Kilian     15th May 2015 Nonprofit organisation (NPO) The Climate Reality Project announced its Road to Paris initiative last month, a major international campaign that will galvanise citizens, business leaders, NPOs, and nongovernmental organisations around climate-change action and encourage countries at December's... 

Refocused and renamed antenna group moves to expand footprint

By: Schalk Burger     15th May 2015 Defence and specialist antenna company Alaris Antennas recorded improved sales in many of the regions where it operates and has made good progress towards concluding an acquisition that will provide it a footprint in the US, says Alaris Holdings CEO Jürgen Dresel. Alaris Holdings, which changed... 

Valves delivered to Chinese chemical company

     15th May 2015 Diversified engineering company Metso announced in March the successful delivery and installation of more than 70 of its Neles globe valves for Phase II of Chinese organic chemicals producer Henan Longyu Coal Chemical’s project in Henan province, China, which will culminate in the production of... 

Gold demand remains stable – WGC

By: Megan van Wyngaardt     14th May 2015 Gold demand for the first three months of this year was 1 079 t, down 11 t, compared with the first quarter of 2014, the World Gold Council (WGC) said in its latest ‘Demands Trends’ report, released on Wednesday.  In value terms, gold demand in the first quarter was $42-billion, down 7% compared... 

Indian power companies to be highest coal importers

By: Ajoy K Das     13th May 2015 Indian government-owned and operated thermal power companies will be among the largest importers of coal during the current financial year, as the country’s largest coal producer Coal India Limited (CIL) prunes its inward shipments in the year. According to a forecast by the Central Electricity... 

Renewed uranium market interest piques curiosity in Norasa

By: Henry Lazenby     12th May 2015 The relatively positive trend in uranium spot prices since the start of the year has resulted in somewhat renewed interest in the sector’s undeveloped projects. Following a week of intensive meetings with institutional investors in Toronto, the mining finance capital of the world, director and... 

India’s Mines Ministry rules out levy concessions, directs creation of DMFs

By: Ajoy K Das     12th May 2015 Ruling out any concession on levies placed on mining operations as stipulated under new legislation, India’s Mines Ministry has directed all provincial governments to immediately set up District Mineral Funds (DMFs). In a communication to governments of all mineral bearing provinces, the... 

Airbus keeping SA informed on its multirole tanker transport

By: Keith Campbell     12th May 2015 Airbus Defence and Space, part of the Airbus Group, has confirmed that it has been briefing the South African Department of Defence and the South African Air Force (SAAF) on the progress of the A330 Multirole Tanker Transport (MRTT) aircraft programme. The SAAF previously operated Boeing 707... 

High-quality iron-ore from Anglo’s low-cost Minas-Rio set to leverage price premium

By: Martin Creamer     12th May 2015 The iron-ore that Anglo American is producing at low cost in the hills of Conceicao do Mato Dentro is meeting growing market demand for better quality, low-contaminant ore, visiting international mining journalists heard on Monday. Minas-Rio’s pellet feed iron-ore products, which are transported... 

SAA drives economic growth, tourism – Bezuidenhout

By: Megan van Wyngaardt     11th May 2015 National carrier South African Airways (SAA) is an enabler for tourism and a driver of economic growth through trade, acting CE Nico Bezuidenhout said on Monday, adding that the movement of people and goods by air was more important than ever before. Speaking at the Durban Tourism Indaba,... 

ACSA to invest R7.7bn in SA airports including overhaul for Cape Town International

By: News24Wire      11th May 2015 Cape Town International Airport is set for an overhaul with the upgrading of its domestic and international terminals planned for the airport, along with the realignment of its runway, forming the bulk of Airports Company South Africa’s R7.7-billion expansion plans. Airports Company South Africa... 

Visa regulations could cost SA R10bn‚ says Winde

By: RDM News Wire      8th May 2015 The Democratic Alliance in the Western Cape on Thursday welcomed home affairs minister Malusi Gigaba’s announcement that he was considering extending the 10-year multiple-entry visa for businesspeople to other markets outside Brazil, Russia, India, China and South Africa (Brics). Provincial MEC... 

Air freight helping to change and grow Africa

By: Keith Campbell     8th May 2015 Largely unnoticed, air freight has come to have a pervasive influence on the lives of people, the prosperity of enterprises and the growth of nations. “Look around any household and you will see the influence of air cargo,” International Air Transport Association (Iata) director-general and CEO... 

What role does deep-level mining play in seismic activity in South Africa?

By: Anine Kilian     8th May 2015 An earthquake with a magnitude of 5.5 shook Southern Africa in August 2014 and was felt as far apart as Botswana and Durban, in South Africa. One man was killed when a wall collapsed on him in Orkney, while 34 miners were injured in mines around Orkney and more than 600 houses were damaged in the... 

SA’s auto export earnings rose to record R115.7bn in 2014 as rand weakened

By: Irma Venter     8th May 2015 The South African automotive industry’s export earnings for 2014 increased by 12.7%, to a record R115.7-billion, compared with the R102.7-billion reported in 2013. This is according to South Africa’s Automotive Export Manual (AEM) 2015, compiled by Dr Norman Lamprecht on behalf of the Automotive... 

Air freight helping to change and grow Africa

By: Keith Campbell     8th May 2015 Largely unnoticed, air freight has come to have a pervasive influence on the lives of people, the prosperity of enterprises and the growth of nations. “Look around any household and you will see the influence of air cargo,” International Air Transport Association (IATA) Director General and CEO... 

Auto executives view emerging-market growth as key trend for industry

By: Irma Venter     8th May 2015 KPMG International’s latest Global Automotive Executive Survey, which canvassed 200 automotive executives, shows that short-term market issues are taking precedence over strategic innovations. The document, the sixtheenth survey, notes that respondents view market growth in emerging markets as... 

India begins study into molten salt breeder reactor

     8th May 2015 In the newly published Thorium Energy Report (ThoriumEnergyReport.org) India reported that it has initiated studies on a conceptual design of the Indian Molten Salt Breeder Reactor (IMBSR) 

Industry expo includes waste and recycling tracks to 2015 programme

By: Pimani Baloyi     8th May 2015 Exhibition Management Services (EMS), organiser of the 2015 South African Industry and Technology Fair (Indutec) that will take place at the Gallagher Convention Centre, in Midrand, from May 20 to 22, says the event promises to attract the largest number of visitors and delegates, as Waste and... 

Nuclear waste remains a massive problem, says mechanical engineer

By: Dylan Stewart     8th May 2015 Despite attempts by nuclear power lobbyists to assuage global concerns about nuclear waste, University of South Africa (Unisa) college of law lecturer and power plant mechanical engineer Dr Khaled Qasaymeh tells Engineering News that the issue of nuclear waste is the one problem to which the... 

UWC launches energy storage laboratory 

By: Natalie Greve     7th May 2015 The University of the Western Cape (UWC) has launched an energy storage innovation facility that aims to create an interface between energy storage technology development projects, innovation partners and potential industrial customers in need of advanced energy storage solutions, to cross the... 

Indian consortium struggles to find buyer for Benga coal

By: Esmarie Swanepoel     6th May 2015 Fears have been raised that mining consortium Indian Coal Ventures Limited’s (ICVL’s) strategic objective for its Mozambique coal investments was going awry, as production from the Benga mine have now been earmarked for domestic sales, rather than exports to India. According to an ICVL... 

First
Prev
1
2 3 4 5 6 7 8 9 Next Last

Latest News

more

Latest Videos

more

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119 Close