R/€ = 13.85 Change: 0.04
R/$ = 13.16 Change: -0.08
Au 1227.35 $/oz Change: -10.78
Pt 990.00 $/oz Change: -17.00


Giyani sees ‘company maker’ potential in Botswana manganese claims

By: Henry Lazenby     Updated 2 hours 38 minutes ago Canadian junior explorer Giyani Gold is strategically repositioning to take advantage of the rising tide of the energy metals market. After dabbling in several project opportunities in recent years, including an oil and coal infrastructure opportunity in Turkey, and gold exploration in... 

De Beers lifts FY16 underlying Ebitda by 42%

By: Ilan Solomons     21st February 2017 Higher revenues contributed to a 42% improvement year-on-year in diamond miner De Beers’ underlying earnings before interest, taxes, depreciation and amortisation (Ebitda) to $1.4-billion in 2016. A 30% increase in revenue to $6.1-billion was driven by stronger rough diamond demand, which led to... 

Luther Erasmus

     17th February 2017 This we feature TLT MechCal and TLT Actom MD Johannes Erasmus. The group is a global leader in the supply of innovative ventilation solutions for the mining, power, industrial and process industries   

Teck sells 70% interest in Namibia copper project

By: Henry Lazenby     16th February 2017 Canadian diversified miner Teck Resources has agreed to sell its 70% interest in Haib Minerals to TSX-V-listed Deep-South Resources, who holds the remaining 30% interest in Haib. Haib holds a 100% interest in the Haib copper project, in Namibia. 

Airports company reports good increases in passenger numbers in 2016

By: Keith Campbell     14th February 2017 The Airports Company South Africa (ACSA) had a record year last year, in terms of the numbers of passengers who passed through its airports. This was revealed on Tuesday when it published its latest 'Aviation Barometer' report. This is the fourth edition of the report, which is compiled from... 

Mazda Southern Africa appoints new MD

By: Irma Venter     10th February 2017 Japanese car manufacturer Mazda Motor Corporation has appointed South Africa’s Craig Roberts as the new MD at Mazda Southern Africa. Roberts currently serves as the head of sales at Mazda Southern Africa. He will start work in his new role on April 1. 

Positive outlook for automotive industry

By: Robyn Wilkinson     10th February 2017 Increased new-car production levels, which include an expected growth in vehicle exports, are likely to drive improvement in South Africa’s automotive industry this year, says industrial equipment supplier Bearings International sales representative Cherry Slater. 

IFAT Africa 2017: Finding ways out of the water crisis

     9th February 2017 Messe München GmbH Messegelände 81823 München Deutschland Southern Africa suffering under severe drought Pipeline projects worth billions planned Greater use of groundwater and seawater in the future From September 12 to 14, 2017, local and international representatives from the environmental... 

Forevermark brand expanding customer base globally  

By: Ilan Solomons     7th February 2017 The response to the Forevermark diamond brand has been “just great” in the past three years, which is, to a significant degree, attributable to the brand’s promise of authenticity, quality, uniqueness, integrity and being ethically sourced, states De Beers' Forevermark brand ambassador at Caratco... 

South Africa confirms presence of invasive pest that infests maize

By: Reuters     6th February 2017 South Africa's department of agriculture said on Friday that scientific tests have confirmed the presence of the invasive fall armyworm in the maize belt, the first time the crop-damaging pest has been detected there. Countries with confirmed outbreaks can face import bans on agricultural... 

Armyworm outbreak damaging crops in southern Africa – FAO

By: Reuters     3rd February 2017 A suspected outbreak of armyworms has spread to Namibia and Mozambique and is causing "considerable crop damage" in southern Africa, the United Nation's Food and Agriculture Organisation (FAO) said on Friday. Suspected outbreaks have already erupted in Zambia, Zimbabwe, Malawi and South Africa. 

Mining Indaba remains pivotal to Africa

By: Ilan Solomons     3rd February 2017 The mineral resources sector remains “critically important” to the African continent, which is why the Investing in African Mining Indaba has consistently been regarded as an event of “paramount significance”, says Mining Indaba MD Alex Grose. This is also a key motivation for the at least 24... 

South Africa seeks agriculture boost in post-Brexit trade deal

By: Bloomberg     3rd February 2017 South Africa sees opportunities to sell more of its agricultural produce to the UK under a post-Brexit trade agreement, says Trade and Industry Minister Rob Davies. 

Veeam outlines partnership-based growth vision for Southern Africa

By: Schalk Burger     3rd February 2017 Information technology (IT) availability company Veeam’s local partners – which enable it to have a constantly available presence and effective support in the Southern African countries it is expanding in – are fundamental to the firm’s long-term growth plans, says Veeam Africa South regional... 

Bannerman updates Etango DFS

By: Esmarie Swanepoel     2nd February 2017 ASX-listed Bannerman Resources will update the definitive feasibility study (DFS) for its Etango uranium project, in Namibia, following the conclusion of the heap leach demonstration plant programme. “Our two-year commitment to the Etango demonstration plant programme has been a remarkable... 

SADC-EU EPA opens up opportunities for South Africa’s fisheries sector

By: Natasha Odendaal     1st February 2017 The new Southern African Development Community (SADC)–European Union (EU) Economic Partnership Agreement (EPA) has the potential to bolster South Africa’s muted fisheries sector and open up value-addition in a sector that holds much promise. The new SADC-EU EPA framework, which became effective... 

Mining Indaba remains pivotal to Africa 

By: Ilan Solomons     27th January 2017 The mineral resources sector remains “critically important” to the African continent, which is why the Investing in African Mining Indaba has consistently been regarded as an event of “paramount significance”, says Mining Indaba MD Alex Grose. This is also a key motivation for the at least 24... 

Uranium output forecast to hit 76 493 t in 2020 – report

By: Henry Lazenby     26th January 2017 New analysis by research and consulting firm GlobalData has forecast global uranium output to rise at a compound yearly growth rate of 4.3%, to 76 493 t in 2020. The company’s latest report states that growth in production is needed to meet upcoming demand from new reactors. 

South Africa slightly improves score in corruption perceptions index, rank drops

By: Sashnee Moodley     25th January 2017 While South Africa slightly improved its score in the Corruption Perceptions Index (CPI) for 2016 from 44 to 45, its rank in relation to all 176 countries reviewed fell three points to 64. Global civil society organisation Transparency International’s CPI score refers to the perceived level of... 

Atlas Copco South Africa wraps up Christmas by bringing joy to children

     24th January 2017 Christmas is seen as the Festive Season but for many it is a very difficult time of the year. Atlas Copco South Africa takes its responsibility toward the community very seriously and supports numerous initiatives throughout the year and Christmas is certainly no exception.  In the spirit of... 

‘Very tough’ mining year ahead as ‘lawfare’ breaks out – Nedbank

By: Martin Creamer     23rd January 2017 South African mining has a “very tough” year ahead, with "lawfare" breaking out. While existing large, powerful mining companies will persist, growth through new entrants and foreign investment is highly unlikely this year, resulting in escalating opportunity loss. 

Atterbury Property Fund appoints new chairperson

By: Natasha Odendaal     23rd January 2017 Property developers Atterbury group’s newly launched real estate holding fund Atterbury Property Fund has appointed Allen Swiegers as its new chairperson. Swiegers concluded 33 years with Deloitte where he held several senior positions, including that of Deloitte board member, COO of Deloitte... 

Local light passenger and utility aircraft programme taking off

By: Keith Campbell     20th January 2017 Wonderboom Airport, in Pretoria (within the Tshwane metropolitan municipality), is the nest within which a fledgling civilian aircraft manufac- turing company is developing. Based in the airport’s Hangar 1, Falcon Air has developed and is producing its Falcon 402 general aviation aircraft, albeit... 

Cost, rather than value, still driving SA’s transport investments

By: Irma Venter     20th January 2017 South Africa’s transport procurement system is often driven by cost, rather than value, says Intelligent Transport Society of South Africa (ITSSA) CEO Dr Paul Vorster. “We tend to look for the lowest-cost supplier of services and equipment and not always the best value. The problem with this is... 

HDPE pipe manufacturing facility to open in February

By: Nadine James     20th January 2017 Plastic pipes manufacturer DPI Plastics will launch its new Germiston-based manufacturing facility in February. The facility will manufacture high-density polyethylene (HDPE) pipes from 16 mm up to 1 000 mm in diameter. DPI technical and product manager Renier Snyman says the facility will enable... 

Local light passenger and utility aircraft programme taking off

By: Keith Campbell     20th January 2017 Wonderboom Airport, in Pretoria (within the Tshwane Metropolitan Municipality), is the nest within which a fledgling civilian aircraft manufacturing company is developing. Based in the airport’s Hangar 1, Falcon Air has developed and is producing its Falcon 402 general aviation aircraft, albeit... 

Market needs education on plastic pipe advantages

     20th January 2017 The South African market is not well educated to look for, and know, the difference between high-quality plastic pipes and low-quality plastic pipes, says plastic producer DPI Plastics technical and product manager Renier Snyman. 

Denel On Track To Meet Contract With Namibia

     19th January 2017 Denel is on track to deliver armoured patrol vehicles and light-weight remote weapon systems to Namibia within the next four months.   The contract is a substantial one and consists of eight RG32M vehicles and four SDROW weapon stations. Johan Steyn, CEO of Denel Vehicle Systems, says delivery to... 

Denel meeting mine-resistant vehicle contract from Namibia

By: Keith Campbell     19th January 2017 South African defence group Denel reported on Thursday that its subsidiary, Denel Vehicle Systems, was on track to complete an export order to Namibia by the end of March. The order is for eight RG32M vehicles and four Self Defence Remotely Operated Weapon (SDROW) stations. The group described... 

SA Pump Manufacturer Celebrates 37 Years Of Internationally Proven Award Winning Pump Designs

     19th January 2017 HAZLETON PUMPS, a family owned and managed business located in Centurion, has been continually awarded since the company’s inception 37 years ago with numerous awards and is regarded as a world leader in the pumping of high head, high volume acidic liquids containing solids utilising their... 

Paladin more positive on FY17 outlook

By: Esmarie Swanepoel     18th January 2017 Uranium miner Paladin Energy has revised its production and cost guidance for the 2017 financial year to June, with uranium oxide (U3O8) output now expected to exceed four-million pounds. This compares with a previous guidance of 3.8-million pounds to four-million pounds of U3O8 in the 12-month... 

Plant shutdowns impact Vedanta's Q3 output

By: Megan van Wyngaardt     16th January 2017 Despite lower output at its zinc operations in the third quarter of the current financial year, diversified miner Vedanta Resources says it is still on track to achieve its stated guidance of higher mined metal production for the full year. Its total production across operations for the quarter... 

Comair CEO raises questions on State airlines merger 

By: News24Wire      12th January 2017 It is unclear what a merger between the three State-owned airlines SAA, Mango and SA Express would achieve that cannot be achieved by each airline individually, Erik Venter, CEO of Comair, told Fin24. This was in reaction to a parliamentary response by Public Enterprises Minister Lynne Brown.... 

Auroch secures more land in Namibia

By: Esmarie Swanepoel     12th January 2017 Junior Auroch Minerals has continued to grow its Karibib lithium project, in Namibia, signing an option and joint venture (JV) agreement over a nearby exploration tenement. The company on Thursday reported that the option and JV agreement, under which it could earn up to a 90% interest in a... 

ACSA’s airport charges for 2017/18 decrease by 35.5%

By: Anine Kilian     9th January 2017 Airports Company South Africa’s (ACSA’s) airport charges will be reduced by 35.5% for the 2017/18 financial year. Airport charges will then rise by 5.8% in the 2018/19 financial year and 7.4% in the 2019/20 financial year. 

Paladin in dire straits as offtake partner seeks more security for $200m prepayment

By: Henry Lazenby     5th January 2017 ASX- and TSX-listed uranium producer Paladin Energy on Wednesday reaffirmed that it is not to receive any further cash from offtake partner Électricité de France (EdF), saying that contrary to certain recent erroneous media reports, it was merely updating the market on the contractual process to... 

Eskom’s excess generation capacity builds as Kusile Unit 1 ties-in to national grid 

By: Henry Lazenby     28th December 2016 South Africa’s electricity utility Eskom has connected the first power-generating unit of the new Kusile coal-fired power station, in Mpumalanga; reaching the milestone ahead of schedule and adding 800 MW to further stabilise the energy grid. In a statement Tuesday, Eskom said it is making... 

AB InBev, Coca-Cola reach $3.15bn deal

By: Megan van Wyngaardt     21st December 2016 Beverages giant The Coca-Cola Company and triple-listed brewery Anheuser-Busch InBev (AB InBev) have reached an agreement regarding the transition of AB InBev’s 54.5% equity stake in Coca-Cola Beverages Africa (CCBA) for $3.15-billion. CCBA includes South Africa, Namibia, Kenya, Uganda, Tanzania,... 

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