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Eramet to replace MDL board after gaining major share

By: Esmarie Swanepoel     11th July 2018 French firm Eramet has extended the takeover offer period for its joint venture (JV) partner Mineral Deposits (MDL) until July 24, flaunting a 63.87% interest in the ASX-listed company. The directors of MDL this week unanimously recommended the revised takeover offer from Eramet, after the... 

Green tech to drive industrial demand for silver

By: Nadine James     6th July 2018 The ongoing green technologies revolution, driven by the exponential growth of new energy vehicles (NEVs) and continued investment in solar photovoltaic (PV) energy, should boost global industrial demand for silver over the next decade, says non-profit industry organisation Silver Institute in a... 

Corruption’s heavy toll

By: Martin Zhuwakinyu     6th July 2018 Picture this scene: you are driving along a road in suburban Johannesburg and a stern-looking cop pulls you over, informing you, as you wind down your window, that you have exceeded the speed limit or committed any of several traffic infractions. In a tone that can put the fear of God into any... 

Feasibility study on Western Cape rare earths mine to be completed in 6 to 12 months

By: Anine Kilian     29th June 2018 The Steenkampskraal rare earths mine, owned by developer Steenkampskraal Holdings, in the Western Cape, is aiming to be a building block in a global rare earths supply chain independent of China. Manufacturers globally are expressing concern over China’s dominance of these strategic elements,... 

International project for lithium ion battery recycling

27th June 2018 Keliber participates in a project aiming to develop and commercialize a new lithium ion battery recycling process. The increase in the use of lithium ion batteries has been strong during the last two decades. Driver for the past rapid growth has been the use of mobile electronics. Further growth... 

Operation North Pole II

By: Terry Mackenzie-hoy     22nd June 2018 In last week's column, I told of Abwehr officer (German intelligence officer) Herman Giskes, head of Abwehr Section IIIF, who set his mind to capturing British agents who were either dropped by parachute into Holland or landed by boat. This was his plan: the Abwehr should concentrate on trying to... 

Operation North Pole

By: Terry Mackenzie-hoy     15th June 2018 Once upon a time, I tell the youth, there was a world war called World War II. Germany and Italy were fighting the UK, France and the US. The Germans invaded and occupied France, Holland, Belgium and Norway. The British decided to disrupt the German occupation of France and Holland by parachuting... 

Eramet ups MDL offer

By: Esmarie Swanepoel     13th June 2018 French suitor Eramet has increased its offer for ASX-listed Mineral Deposits (MDL) from A$1.46 a share to A$1.75 a share, increasing MDL’s valuation from A$291-million to A$322-million. Eramet told MDL shareholders that the increased offer, which would close on July 13, would not be increased in... 

Brazil court rejects Alunorte bid to overturn forced output cuts

By: Reuters     12th June 2018 A court in the Brazilian state of Para denied a bid by Norsk Hydro ASA to appeal the partial suspension of bauxite refining operations at its Alunorte unit in another blow to the world's largest alumina refinery. In February, the court in Para, where the Alunorte refinery is located, ordered the... 

Boliden bets on battery boost as electrification gains traction

By: Bloomberg     12th June 2018 Boliden AB, the mining company that traces its roots to a 1920s gold discovery in northern Sweden, is preparing for a future where everything from boats to cars and its own machines run on electricity. Although the company’s mines mainly produce base metals needed for construction and... 

Ramaphosa hails successful G7 leaders summit

By: African News Agency      11th June 2018 President Cyril Ramaphosa has welcomed the interest shown in South Africa by the global business community at the just concluded G7 Leaders’ Outreach Summit in Quebec City in Canada. In a statement, the Presidency said Ramaphosa welcomed the interest in South Africa as an investment destination... 

Sikorsky Continues Customer Support Focus with New Parts Supply Site and S-92 Blade Repair Capability

8th June 2018 Sikorsky, a Lockheed Martin company, today announced the relocation and expansion of its Brazil-based forward stocking location (FSL) at a ribbon cutting ceremony attended by local operator CEOs and Sikorsky officials. The strategic decision positions Sikorsky products closer to operators and... 

Mineral Deposits investor says won't take Eramet bid as market eyes better offer

By: Reuters     8th June 2018 The second-largest investor in Australia's Mineral Deposits said it would not accept a takeover bid by Eramet SA, as Mineral Deposits' shares surged, signalling investors expect the French miner to make a higher offer. Eramet made an all-cash takeover bid for its joint venture partner in a mine... 

Cruz to acquire base metals projects in Norway

By: Creamer Media Reporter      4th June 2018 TSX-V-listed Cruz Cobalt has signed a letter of intent with EMX Royalty and Fennoscandian Investment Group to acquire two cobalt/nickel/copper projects in Norway. “We are pleased to have the opportunity to acquire these projects. The properties are 

JST to introduce Swarm in July

By: Melissa Zisengwe     1st June 2018 Local corrosion control solution provider JST in association with Total Heating Solutions, or THS, will introduce Swarm, a new corrosion-monitoring system, to the South African market next month, following its distribution agreement finalisation with US-based corrosion and erosion monitoring... 

Electric vehicles could increase to 220m in 2030 – IEA

By: Marleny Arnoldi     30th May 2018 The International Energy Agency’s (IEA’s) ‘Global Electric Vehicles Outlook’ has found that the number of electric and plug-in hybrid cars on the world’s roads exceeded three-million in 2017, which is a 54% increase compared with 2016.  

Beele Engineering develops special clamping strips for remarkable trefoil clamping of high-tension cables

28th May 2018 For more than 40 years, Beele Engineering has been synonymous with innovative rubber technology-based sealing solutions. A recent example of this was the company’s development of special clamping strips whereby three high-tension cables are clamped together into a trefoil clamp developed by LOS... 

Poynting looks to the rest of Africa as it continues to expand globally

By: Irma Venter     17th May 2018 Johannesburg-based Poynting Group is seeking to expand its business to the rest of the Africa, says CEO Michael Howard. Poynting is already well known outside Africa, with 50% of its revenue flowing from Europe, the US, Australia and Scandinavia. Manufacturing is based in Midrand and China, with... 

Massive iceberg proposed as solution to Cape Town’s water crisis

By: Kim Cloete     16th May 2018 South African marine salvage expert Nick Sloane has outlined a novel plan to guide an iceberg towards the west coast and harvest it to keep Cape Town’s water shortage at bay. He said despite the idea seeming “crazy”, he believed it could be done and would supply 20% of Cape Town’s water needs. 

Norway postpones decision on carbon capture plant, drops Yara

By: Reuters     15th May 2018 Norway postponed a final decision on whether to go ahead with a project to develop Europe's first industrial carbon capture and offshore storage (CCS) project, after dropping one of its participants, Yara International . The government said on Tuesday that fertiliser maker Yara's site, one of... 

MDL urges shareholders to reject offer from French suitor

By: Esmarie Swanepoel     10th May 2018 Takeover target Mineral Deposits (MDL) on Thursday urged shareholders to reject an offer from its joint venture (JV) partner, Eramet. The French mining and metallurgy company last month launched an offmarket takeover offer for MDL, offering shareholders A$1.46 a share in cash for their interest... 

War on coal is making the world's top mine owners a lot richer

By: Bloomberg     2nd May 2018 The world’s war on coal is making its biggest producers a lot richer, at least for now. With governments from Asia to Europe setting stricter pollution limits as the climate change debate intensifies, output of the planet’s dirtiest fuel is dropping. Some of the more significant declines are... 

Eramet launches A$291m takeover offer for MDL

By: Esmarie Swanepoel     27th April 2018 Base metals producer Eramet has launched an off market takeover offer for joint venture (JV) partner Mineral Deposits Limited (MDL). Eramet, which holds a 50% interest in the TiZir titanium and iron JV, in Norway, was offering MDL shareholders A$1.46 a share in cash for their holding in the... 

Tackling shipping sector’s carbon emissions

By: Saliem Fakir     27th April 2018 Shipping emissions is an area that has not fallen under the rubric of United Nations Framework for Climate Change (UNFCCC). The shipping industry has, by and large, avoided scrutiny of its own contribution to climate change. Given that the shipping industry’s infrastructure will be exposed to the... 

First renewables projects reach financial close after April 4 signing

By: Terence Creamer     25th April 2018 Wind turbine supplier Nordex has received an order to supply 47 turbines to the 147 MW Roggeveld wind farm, which is among the first projects to reach financial close following the signing of agreements for 27 independent power producer projects on April 4. Situated in the Karoo, on the boundary... 

Monitoring the molecules: RTS Africa’s Neo Monitors LaserGas analysers offer accurate real-time gas level monitoring for industry

23rd April 2018 Since its founding, innovation has been the hallmark of RTS Africa Engineering, a Tshwane-based company specialising in innovative technologies which provide solutions to industrial challenges. RTS Africa has not only imported many new technologies from its portfolio of well-established and... 

Monitoring the molecules: RTS Africa’s Neo Monitors LaserGas analysers offer accurate real-time gas level monitoring for industry

23rd April 2018 Since its founding, innovation has been the hallmark of RTS Africa Engineering, a Tshwane-based company specialising in innovative technologies which provide solutions to industrial challenges. RTS Africa has not only imported many new technologies from its portfolio of well-established and... 

Mining firms from China to Canada watch as Greenland holds election

By: Reuters     21st April 2018 With melting ice expanding access to the Arctic, investors from China to Canada are watching Greenland's election next week for signs of the political will to get a flagging mining programme on the island back on track. Greenland is hoping rising commodity prices can help attract foreign... 

SA distributor secures rights to market cable fire-protection system

By: Dylan Slater     20th April 2018 A joint venture (JV) between 24-year-old South Africa-based construction access systems provider IBAS Group and Norway-based fire-prevention solutions company Fire Security aims to increase market awareness in South Africa for two fire-prevention systems developed and manufactured by Fire... 

Railway industry to develop new roadmap towards Fourth Industrial Revolution

By: Simone Liedtke     18th April 2018 The International Heavy Haul Association (IHHA) has commissioned a study to provide a global strategic view of Heavy Haul 4.0, and attempt to visualise the heavy haul railway of the future. The ‘Development of the Heavy Haul Vision in the Fourth Industrial Revolution’ study, which will be... 

After setbacks, Anglo American counting on turnaround for Minas-Rio mine

By: Reuters     17th April 2018 Two leaks in a month, a 90-day outage and $58-million in fines is not enough to temper Anglo American's ambition for its long-delayed, multi-billion dollar Minas-Rio iron-ore mine in Brazil. Purchased at the height of the commodities boom a decade ago for $5.5-billion, Anglo American was once... 

Norway unions, employers agree wage deal, averting strike

By: Reuters     9th April 2018 Norway's private-sector trade unions reached a deal on Sunday with employers over wages, pensions and other compensation, averting the outbreak of major strikes, a state-appointed mediator said after five days of negotiations. Almost 35 000 employees had been scheduled to go on strike if no... 

Johan Castberg oilfield development, Norway

By: Sheila Barradas     6th April 2018 Statoil, Eni and Petoro are developing the biggest subsea field currently in the world. 

Construction set to begin on ‘flagship’ 40 MW Moz solar project

By: Terence Creamer     28th March 2018 Oslo-listed renewable-energy developer Scatec Solar, which has its African regional hub in Cape Town, South Africa, expects to begin constructing a 40 MW solar photovoltaic (PV) project in Mozambique in the coming weeks after the project reached financial close in early March. GM and VP for... 

Hydro to start shutdown of Brazil alumina lines by mid-April – sources

By: Reuters     28th March 2018 The Alunorte refinery in northern Brazil, owned by Norway's Norsk Hydro, will start shutting down half of its alumina capacity in the next two weeks to preserve equipment, two people familiar with the matter said on Tuesday. The world's largest alumina refinery, situated in Brazil's Amazon... 

Norway optimistic Ramaphosa will restore predictability to business environment

By: Terence Creamer     22nd March 2018 The Norwegian government is optimistic that the new South African government, led by President Cyril Ramaphosa, will promote a more stable and predictable business environment that is conducive to higher levels of trade and investment between the two countries. Deputy Foreign Affairs Minister... 

WTO chief urges States to stop first dominoes of trade war

By: Reuters     6th March 2018 The head of the World Trade Organization (WTO) told member states on Monday they must prevent "the fall of the first dominoes" in a trade war and warned of a real risk of triggering an escalation of global trade barriers and a deep recession. World trade policy is in turmoil because of US... 

Hydro bids for Rio Tinto's Icelandic aluminium plant

By: Simone Liedtke     26th February 2018 Norwegian aluminium company Norsk Hydro has made a binding offer to acquire diversified miner Rio Tinto's ISAL aluminium plant, in Iceland. The offer also includes Rio Tinto's 53% share in Dutch anode facility Aluchemie and 50% of its shares in Swedish aluminium fluoride plant Alufluor, for... 

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