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Rössing Uranium swings to FY profit, despite low prices

By: Creamer Media Reporter      25th April 2017 In what was a very tough year for the uranium mining industry, Rio Tinto subsidiary Rössing Uranium, which operates in Namibia, swung to a profit of N$107-million in 2016, from a loss of N$385-million in 2015. In the company’s ‘Report to Shareholders 2016’, MD Werner Duvenhage said the year was... 

CIG uncertain about local outlook, but sees growth potential in Africa

By: Megan van Wyngaardt     24th April 2017 Pan-African infrastructure group Consolidated Infrastructure Group (CIG) on Monday posted revenue growth of 29% to R2.7-billion for the six months to February 28, owing to its strategy to expand across Africa’s energy markets. The company further reported a 20% year-on-year increase in its... 

BlueNova launches production facility as lithium battery bug bites in South Africa  

By: Kim Cloete     24th April 2017 Energy storage solutions company Blue Nova has launched a new production facility in Somerset West, near Cape Town, to keep up with rising demand for lithium-iron-yttrium-phosphate (LiFeYPO4) batteries. Lithium-ion batteries, of which LiFeYPO4 batteries are a type, are seen as an excellent... 

AfDB welcomes Zambia, Ghana to bond index

By: Megan van Wyngaardt     24th April 2017 The African Development Bank (AfDB) has added Zambia and Ghana to its African Bond Index (ABI), expanding the index to the eight most liquid sovereign bond markets in Africa. The ABI provides investors with a tool with which to measure and track the performance of Africa’s bond markets. 

De Beers achieves 8% y/y increase in Q1 diamond output

By: Megan van Wyngaardt     24th April 2017 Diamond giant De Beers’ rough diamond production increased by 8% to 7.4-million carats in the first quarter of the year, reflecting the contribution of the Gahcho Kué mine, in Canada. The joint venture mine reached commercial production on March 2 and contributed 600 000 ct to De Beers’... 

Sacu makes formal request to initiate post-Brexit trade talks with UK 

By: Terence Creamer     21st April 2017 South Africa’s Trade and Industry Minister Dr Rob Davies reports that the Southern African Customs Union (Sacu) has written a letter to the UK government formally requesting the initiation of talks on the terms of the bilateral trade relationship that will be put in place when Britain exits the... 

Despite slower growth, China still key market for miners and Africa

By: Keith Campbell     21st April 2017 There can be no doubt that, for the past two decades-and-a-half or so, the biggest single influence on the global mining industry has been China. Between 2002 and 2012, that country experienced an annual average real gross domestic product (GDP) growth rate of 10.4%, compared with India’s 7.6%,... 

Interest in nuclear energy said to be rising across sub-Saharan Africa 

By: Keith Campbell     21st April 2017 There is more interest in nuclear energy in sub-Saharan Africa than is generally realised. According to the World Nuclear Association (WNA), countries in the region which are individually planning or considering nuclear power are Ghana, Kenya, Namibia, Nigeria, Senegal, Tanzania, Uganda and... 

Alternative power supply approach to benefit low-income areas

By: Robyn Wilkinson     21st April 2017 Alternative energy supply company Specialized Solar Systems (SSS) is making significant headway in driving the large-scale implementation of its solar-powered distributed direct current microgrids, which incorporate the Internet of Things (IoT) to supply energy to low-income areas in the form of... 

Cross-border power to boost African economies

By: Robyn Wilkinson     21st April 2017 With the announcement of an ambitious power project to connect Cape Town and Cairo within the next three years by regional orhganisation the Eastern Africa Power Pool, the opportunities for reliable cross-border electricity generation are once again in the spotlight, says power generation... 

Generator giant to expand its Southern Africa network

By: Robyn Wilkinson     21st April 2017 Power generation equipment developer Himoinsa’s new subsidiary, Himoinsa Southern Africa, will provide a base from which the company can develop its geophysical footprint in Southern Africa by expanding and supporting its existing distribution network. 

Interest in nuclear energy said to be rising across sub-Saharan Africa

By: Keith Campbell     21st April 2017 There is more interest in nuclear energy in sub-Saharan Africa than is generally realised. According to the World Nuclear Association (WNA), countries in the region which are individually planning or considering nuclear power are Ghana, Kenya, Namibia, Nigeria, Senegal, Tanzania, Uganda and... 

Paladin output falls in line with reduced mining plan

By: Esmarie Swanepoel     19th April 2017 Uranium oxide (U3O8) production from the Langer Heinrich mine, in Namibia, fell by 26% during the three months to March as production was impacted by the first full quarter of a reduced mining plan. Miner Paladin Energy on Wednesday reported that production from the Langer Heinrich mine reached... 

Exosun, Lesedi partnership to offer localised solar tracking solutions

By: Mia Breytenbach     14th April 2017 Global supplier of solar tracking solutions for ground-mounted photovoltaic (PV) plants Exosun and South Africa-based engineering, procurement and construction company Lesedi Nuclear Services have entered into a partnership to provide localised solar tracking systems in South Africa. “Lesedi will... 

KSB Pumps & Valves

     14th April 2017 East Rand-headquartered KSB Pumps & Valves is an original-equipment manufacturer of technologically advanced pumps, valves and related products for the water, sewage, chemicals, petrochemicals, mining and building services sectors, among others. Since its establishment in 1959, the company has... 

Baker McKenzie launches app to assist in case of antitrust dawn raids

By: Natasha Odendaal     13th April 2017 An application (app) that assists clients in navigating the coordinated dawn raids undertaken by competition authorities has been expanded to accommodate 44 countries, including South Africa. Multinational law firm Baker McKenzie’s Dawn Raid app delivers real-time step-by-step guidance on the... 

Vedanta's Skorpion, BMM operations report solid FY17 results, Gamsberg development on track

By: Anine Kilian     11th April 2017 Production at diversified miner Vedanta Resources' Zinc International business fell by 31% year-on-year to 156 000 t for the financial year ended March 31. This was mainly the result of the ramp down of the Ireland-based Lisheen mine, which was closed in November 2015 following 17 years of... 

South Africa’s credit rating downgrade will also hit SADC region, says AgriSA

By: African News Agency      11th April 2017 AgriSA said on Tuesday that the impact of South Africa’s foreign currency credit rating downgrades was likely to be felt outside of the country’s borders and would have an impact in the Southern African region as a whole. South Africa’s foreign currency credit rating was downgraded to junk status... 

Work smarter not harder with Atlas Copco SmartROC T45

     7th April 2017 Longer drill rods, improved fuel burn and upgraded software have made the SmartROC T45 Top Hammer drill rig from Atlas Copco even smarter. This rugged and reliable machine will boost production and productivity at limestone and aggregate quarries as well as construction, open-pit and selective... 

Engineers set benchmark in sustainable building

     7th April 2017 Multidisciplinary engineering consultancy WSP | Parsons Brinckerhoff has achieved the first Green Star rating in Namibia for FNB Namibia Holdings’ Parkside building.  

Tschudi Q3 output 24% below nameplate capacity

By: Megan van Wyngaardt     6th April 2017 Aim-listed copper miner Weatherly International’s Tschudi mine, in Namibia, produced 3 236 t in the three months to March 31, 24% below nameplate capacity. This was a result of slower-than-anticipated leach rates for mixed oxide and sulphide ore stacked during the latter part of 2016 and early... 

Bushveld Minerals to proceed with Uis tin acquisition

By: David Oliveira     4th April 2017 Diversified mineral development company Bushveld Minerals will pursue the acquisition of the Uis tin project, in Namibia, following the successful completion of a due diligence. Accordingly, Bushveld's wholly-owned subsidiary tin platform Greenhills Resources has signed a sale of shares and... 

eDART And Afrivalve Join Forces To Supply Full Range Of Valves And Associated Equipment

     31st March 2017 eDART, South Africa’s specialist slurry valve manufacturer and Afrivalve have joined forces in order to offer a greater range of valves suited to the mining, heavy industry, water and power industries. “We are better placed as a collective to service the valve requirements of these industries... 

Tommy Strydom

By: Martin Zhuwakinyu     31st March 2017 This week we feature Tommy Strydom, CEO of Inyatsi Group Holdings, which is involved in the construction of infrastructure, including roads, bridges, buildings and water works   

Eskom to fast-track socioeconomic assessments for five coal stations facing closure 

By: Terence Creamer     30th March 2017 Public Enterprises Minister Lynne Brown has called on Eskom to urgently complete socioeconomic impact assessments for its coal-fired power stations in Mpumalanga, five of which having been earmarked for decommissioning over the coming five years, owing to flat demand and the introduction of new... 

Training on the move with Atlas Copco RCS Mobile Trailer

     29th March 2017 Atlas Copco Mining and Rock Excavation Technique has invested in a RCS (Rig Control System) Mobile Trailer to make training more accessible, convenient and affordable by taking it to the customer’s doorstep. RSC is all about faster fault detection, lower maintenance costs and enhanced rig... 

SAA, Ethiopian Airlines extend code-share agreement

By: Megan van Wyngaardt     29th March 2017 The extension of South African Airways’ (SAA’s) code-share service agreement with Ethiopian Airlines to include Cape Town, Durban and Toronto, Canada, became effective this week. The expanded code share now offers a direct service between Addis Ababa and Cape Town and Addis Ababa and Durban.... 

Kenya adopts South Africa’s Green Star rating system

By: Natasha Odendaal     29th March 2017 The Kenya Green Building Society (KGBS) has signed a Green Star license agreement that will see it use the Green Building Council of South Africa’s (GBCSA’s) Green Star rating system and trademark in Kenya for certification of green buildings. The licence will also be used to train and accredit... 

Promulgation of Mining Charter to dent South Africa’s risk, reward score – BMI

By: Megan van Wyngaardt     29th March 2017 If the proposed Mining Charter is promulgated, it will dent South Africa’s score on global research firm BMI Research’s Sub-Saharan Africa Mining Risk Reward Indices, as it could deter investment. The research firm currently places South Africa as the second-most attractive country for capital... 

Atterbury to open new Ghana mall in April

By: Megan van Wyngaardt     24th March 2017 South African property development company Atterbury will open its fourth retail development in Ghana, the $95-million Kumasi City mall on April 20. The 18 500 m2 modern mall, with potential for a future 10 000 m2 expansion, will give the city of Kumasi its first one-stop building with shopping... 

Proponents see glistening future in seabed mining, but environmentalists fret  

By: Megan van Wyngaardt     24th March 2017 With the current known mineral deposits on land increasingly being depleted globally, necessitating greater exploration, interest in deep-sea minerals is growing as mining companies look for future sources to exploit. “The ocean is where future resources exist,” India Council of Scientific and... 

One-stop solution gives company market edge

By: Simone Liedtke     24th March 2017 The ability to supply a full range of high-quality pumps with full back-up and support, as well as readily available spare parts, has placed pump supplier and manufacturer KSB Pumps and Valves in a unique position where clients can meet all their pumping requirements through a single supplier. 

PiA Solar

     24th March 2017 Established in 2012, PiA Solar designs, manufactures and installs mounting systems for the solar photovoltaic industry, including the ContourR+ single-axis tracker and fixed tilt structures. The company also undertakes a full range of projects for the rooftop market.   To date, PiA has installed... 

Pumps range included in offering to cater for demand

By: Simone Liedtke     24th March 2017 Technical solutions provider Bearing Man Group (BMG) is strategising to enhance its fluid technology services to meet growing market demand in diverse industries, including the pumps industry. 

Eskom, NamPower sign five-year supply deal

By: Megan van Wyngaardt     23rd March 2017 Eskom on Thursday signed a five-year firm electricity sales agreement with Namibia’s national electricity utility NamPower, providing energy security to the neighbouring country and facilitating economic development and growth. Eskom interim CEO Matshela Koko noted at the signing, held alongside... 

Paladin launches arbitration against Langer Heinrich JV partner

By: Megan van Wyngaardt     23rd March 2017 Dual-listed Paladin Energy on Thursday launched arbitration proceedings against joint venture (JV) partner China National Nuclear Corporation’s (CNNC’s) Overseas Uranium Holdings subsidiary to seek orders and declarations regarding the sale of the Langer Heinrich mine (LHM), in Namibia’s Erongo... 

Exosun, Lesedi partner to offer localised solar tracking solutions in South Africa

By: Mia Breytenbach     23rd March 2017 Global supplier of solar tracking solutions for ground-mounted photovoltaic (PV) plants Exosun and South Africa-based engineering, procurement and construction company Lesedi Nuclear Services have entered into a partnership to provide localised solar tracking systems in South Africa. “Lesedi will... 

Maxiflex welcomes customers to their doors

     23rd March 2017 Maxiflex has been a specialist and trusted supplier of a fully comprehensive range of high quality, efficient and reliable door and dock loading solutions to the Southern African industry for 27 years. Alongside the renowned in-house Maxiflex brands, the company also boasts sole distribution... 

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