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Syrah moves into operations at Mozambique mine

By: Mariaan Webb     Updated 49 minutes ago Australia-based Syrah Resources has produced its first saleable flake graphite from the Balama project, in Mozambique, and is now targeting production of 160 000 t to 180 000 t next year. The first bagged saleable flake graphite production was produced within an expected grade range of more than... 

Zimbabwe had been ripe for a military coup for a long time

By: Martin Zhuwakinyu     Updated 5 hours ago The past few weeks have been hectic for Zimbabwe, our northern neighbour. Matters came to a head early this month, when Emmerson Mnangagwa was sacked as President Robert Mugabe’s joint number two in both government and the ruling Zanu-PF party, ostensibly for “disloyalty, disrespect,... 

South32 bullish on aluminium, manganese, energy coal prospects

By: Mia Breytenbach     23rd November 2017 With the price of various commodities having improved during the 2017 financial year, diversified miner South32 remains optimistic about the aluminium, manganese and energy coal sectors for the year ahead. “Manganese led the way [in terms of price increases], and metallurgical coal, energy coal,... 

Africa specialist punts local presence as key to capitalising as infrastructure spend set to boom

By: Megan van Wyngaardt     23rd November 2017 Through innovation in the energy sphere, Africa is slowly starting to overcome historical blockages that have prevented the continent from achieving economic growth and creating sustainable jobs, according to energy consultancy Africa House director Duncan Bonnett. Speaking at a PowerGen and... 

Sasol’s new strategy shuns GTL as specialty chemicals emerge as key growth driver

By: Terence Creamer     23rd November 2017 Chemicals and energy group Sasol is preparing to sell several assets, including its Canadian shale gas assets, following an overhaul of its corporate strategy, which eschews any further greenfield gas-to-liquids (GTL) investments in favour of smaller acquisitions and projects of between... 

Triton inches closer to opening Ancuabe graphite project

By: Megan van Wyngaardt     22nd November 2017 ASX-listed Triton Minerals has started the transition from explorer to developer with the submission by its subsidiary Grafex Limitada of its Mining concession application (MCA) to the Instituto Nacional de Minas (INAMI) for its large flake, high-purity Ancuabe graphite project in northern... 

Upat supplies best professional power-tool brand in the world

     20th November 2017 The most reliable and resilient professional power tools available on the market today are supplied locally by leading distributor Upat of Johannesburg. Established in 1924 in the US, Milwaukee is arguably the best power-tool brand in the world, according to Upat Product Specialist Werner Koch.... 

Savannah completes construction of Mutamba pilot plant, commissioning under way

By: Mia Breytenbach     20th November 2017 Aim-listed resource development company Savannah Resources has completed construction of the pilot plant for its bulk metallurgical test work programme at the Mutamba mineral sands project, in Mozambique. The Mutamba project, located in the Gaza and Inhambane provinces, is being developed in a... 

Students to benefit from 2018 bursary programme

By: Nadine James     17th November 2017 Having investigated the best possible means of aiding students, industry body Consulting Engineers South Africa (Cesa) has established a bursary fund, with a first intake of about 20 students expected for the 2018 academic year. Cesa CEO Chris Campbell explains that, previously many Cesa member... 

Xtract Resources raises £1.7m to pay debt, fund Manica opportunities

By: Megan van Wyngaardt     14th November 2017 Aim-listed Xtract Resources has conditionally raised £1.7-milion, before expenses, through the placement of 59.64-million new ordinary shares at 2.85p a share. The net proceeds from the placing will be used to pay off outstanding debt of £530 000 and to take advantage of commercial opportunities... 

Former Xstrata chief Davis eyed for Rio Tinto chairperson's job – FT

By: Reuters     14th November 2017 Rio Tinto investors gave a mixed reaction to a report that former senior mining executive Mick Davis, now chief executive of Britain's ruling Conservative Party, was well-placed to become the Anglo-Australian miner's next chairperson. The Financial Times newspaper reported late on Monday that... 

Vodacom’s M-Pesa ambitions heat up post Safaricom transaction

By: Natasha Odendaal     13th November 2017 Following the R35-billion acquisition of a 34.94% stake in Kenya’s largest telecoms group Safaricom, JSE-listed telecommunications giant Vodacom plans to drive the development of its newly revamped M-Pesa platform. Speaking at Vodacom’s interim results, in Midrand, on Monday, CEO Shameel Joosub... 

Tongaat Hulett lifts H1 earnings by 5%

By: Anine Kilian     13th November 2017 JSE-listed Tongaat Hulett’s headline earnings grew by nearly 5% year-on-year to R661-million for the six months ended September 30. Diluted headline earnings a share rose to 573.8c a share during the half year, compared with 546.7c in the prior comparable period. 

As Mozambique marks historic Cahora Bassa transfer, attention shifts to big capex plan

By: Terence Creamer     13th November 2017 Hidroelectrica Cahora Bassa (HCB), the Mozambique concession company which operates the Cahora Bassa dam and the 2 075 MW hydropower plant, is poised to move into a period of sustained investment, having settled all debt associated with the 2007 transfer of ownership of the scheme from Portugal... 

One of the world's biggest miners is about to go coal free

By: Bloomberg     10th November 2017 Just five years ago it would have been almost unthinkable that one of the world’s biggest mining companies would not dig any coal. It’s now likely to become a reality. Rio Tinto Group, the world’s second-largest miner, has been steadily backtracking from coal to focus on better assets. It’s now... 

Company expands fluid technology services

     10th November 2017 Industrial product supplier Bearing Man Group’s (BMG’s) strategy to enhance its fluid technology services to meet growing market demand, encompasses the introduction of new products, with the latest developments in design technologies, materials and coatings. The company’s extensive range of... 

Petrochemicals product supplier launches ball valve

     10th November 2017 Last month, multinational oil and gas product supplier Schlumberger announced the release of the GROVE IST integrated seat technology ball valve. The company, which has an Angolan office that services the Democratic Republic of Congo, Gabon, Kenya, Mozambique, Namibia, South Africa, Tanzania, and... 

Competence Centre promotes energy efficiency awareness in Africa

By: Nica Schreuder     10th November 2017 The South African-German Chamber of Commerce and Industry’s Competence Centre for Sustainable Energies (CC:SE), in Cape Town plays an important role in creating awareness and fostering conversations among African stakeholders in the renewable energy and energy efficiency sector. CC:SE manager... 

Ncondezi signs non-binding agreement to develop Mozambique project

By: Anine Kilian     9th November 2017 Aim-listed solar energy equipment supplier Ncondezi Energy has signed a non-binding offer (NBO) with China Machinery Engineering Corporation (CMEC) and General Electric (GE) South Africa to develop, construct and operate the integrated Ncondezi 300 MW coal-fired power project and openpit coal... 

Bristow, Friedland may go head-to-head in on-stage copper-gold debate

By: Martin Creamer     7th November 2017 Dr Mark Bristow of Randgold Resources and Robert Friedland of Ivanhoe Mines may go head-to-head in a live on-stage gold-versus-copper debate at the Investing in African Mining Indaba event at the Cape Town International Convention Centre from February 5 to 8, Mining Indaba MD Alex Grose disclosed... 

Mustang to review strategy following disappointing maiden tender

By: Esmarie Swanepoel     7th November 2017 Ruby miner Mustang Resources has announced a review of the future of its operational and marketing strategies, following disappointing results from its first ruby tender. The ASX-listed company confirmed that it was undertaking a detailed assessment of the market intelligence gathered from its... 

Maiden graphite resource lifts Mustang share price

By: Esmarie Swanepoel     6th November 2017 The share price of ruby miner Mustang Resources clawed back some ground on Monday after the company announced a maiden inferred mineral resource for its Cuala graphite project, in Mozambique. The project is estimated to host an inferred mineral resource of 5.4-million tonnes, at 13% total... 

Global airline association predicts air passenger traffic to double by 2036

By: Keith Campbell     3rd November 2017 The International Air Transport Association (IATA) has forecast that 7.8-billion people will travel by air in 2036. This will amount to a nearly 100% increase over the figure of 4-billion air passengers expected for this year. This projection is based on a average compound annual growth rate... 

Chinese truck brand aims to grow SA sales as it expands offering

By: Irma Venter     3rd November 2017 Powerstar sold around 420 trucks in South Africa last year, with the Chinese brand aiming for 500 units this year, says Everstar Industries CEO Bob Wang. The growth will come from the brand expanding its product portfolio from the extra-heavy and heavy commercial vehicle (EHCV, HCV) segments to... 

Solar photovoltaic invention passes two-year milestone

By: Schalk Burger     3rd November 2017 Standalone solar photovoltaic (PV) social enterprise technology SolarTurtle, which provides low-cost energy for remote and unconnected communities, has been profitable and operational for more than two years in various communities, says SolarTurtle inventor, founder and manager James van der... 

Fertiliser maker Yara may build $2bn Mozambique gas-fired plant

By: Reuters     2nd November 2017 Norwegian fertiliser maker Yara International is considering building a $2-billion plant in Mozambique and may seek partners to share the cost, the chief executive said. Mozambique awarded Yara a project in January to make ammonia and urea from the country's gas output, saying the firm could... 

Rio Tinto throws its weight behind Africa as mining central

By: Reuters     2nd November 2017 Africa, as the largest untapped source of growth in the mining sector, is pivotal in helping Rio Tinto and other resources companies to supply the changing needs of the huge Asian market, a senior company official said on Wednesday. The comments, delivered at a Bloomberg forum as part of LME... 

Mustang to delay Montepuez plant upgrade to focus on second ruby tender

By: Creamer Media Reporter      1st November 2017 ASX-listed Mustang Resources will delay the planned plant upgrade at its Montepuez ruby mine, in Mozambique, which will reduce the company’s expenditure and allow it to focus on preparations for its second tender. This decision was taken following the conclusion of a maiden tender, held from... 

Graphite explorer Battery Minerals signs marketing MoU with Chinese group

By: Creamer Media Reporter      31st October 2017 ASX-listed Battery Minerals, which is developing the Montepuez and Balama graphite projects in Mozambique, on Tuesday announced that it had agreed to study the potential of developing a product marketing strategy with China’s Qingdao Guangxing Electronic Materials (GEM). In terms of a memorandum... 

India’s Steel Ministry explores coal gasification plant at ICVL’s Mozambique mine

By: Ajoy K Das     30th October 2017 India’s Steel Ministry is exploring the feasibility of constructing a coal gasification plant at Indian Coal Ventures Limited’s (ICVL’s) Mozambique coal mine. The Steel Ministry has put a coal gasification plant proposal on the table close on the heels of ICVL floating a tender to appoint a mine... 

Transnet Freight Rail anticipates economic uptick, aims to unlock intraregional collaboration 

By: Samantha Herbst     27th October 2017 Despite being at the mercy of economic uncertainty, compounded by sometimes heavily fluctuating commodity prices, State-owned rail transport company Transnet Freight Rail (TFR) has identified itself as a key economic enabler that aims to boost the South African economy by trying to unlock areas... 

CTL beneficial as a synfuel

By: Marleny Arnoldi     27th October 2017 Depending on market forces and subsequent regulations, coal-to-liquids (CTL) as a fuel alternative could be beneficial for the synfuels industry, especially for companies that diversify outside of conversion processes to include other capabilities, says synfuel company Synfuels Americas.  

Company mitigates refinery industry challenges

By: Marleny Arnoldi     27th October 2017 Amid the weak demand and low prices that have hampered strategic decision-making and stalled planning for the oil and gas industry globally, specialised engineering company RTS Africa Engineering says improved technologies facilitating the understanding of process variables allow for cautious... 

Steel company raises the bar in Africa with new technologies

By: Robyn Wilkinson     27th October 2017 Taking a long-term view that predicts significant growth in demand for stainless steel products in Africa in the next few years, steel supplier and processing company Allied Steelrode has invested in advanced processing technologies that will cement its position as a market-leader in product... 

Sasol mitigates material matters issues in 2017

     27th October 2017 To mitigate material matters that could substantially affect its ability to create value in the short, medium or long term, as a result of not being able to execute its strategy and the impact thereof on its ability to stay competitive, petrochemicals giant Sasol has outlined a five-step process... 

The unremarked threat

By: Keith Campbell     27th October 2017 Well, one must admit it was rather apposite timing. Only 12 or so hours after the closing of the country’s first Homeland Security Africa Conference (in Pretoria), gunmen in a car driving through the upper level passenger drop-off zone at Cape Town International Airport opened fire at a man who... 

Euro Steel

By: Creamer Media Reporter      27th October 2017 Part of AFMETCO Group of Companies, Euro Steel has evolved into one of South Africa’s largest stainless steel, special steels, aluminium and other corrosion-resistant materials distributors and exporters. The company operates predominantly in all major cities in South Africa, but also has... 

Battery Minerals launches DFS at second project

By: Esmarie Swanepoel     26th October 2017 ASX-listed Battery Minerals will launch a definitive feasibility study at its Balama graphite project, in Mozambique, after a concept study demonstrated the potential of the project. The concept study found that the project could produce a higher-value coarse flake size, with over 50% classified... 

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