R/€ = 15.56 Change: 0.01
R/$ = 13.16 Change: 0.13
Au 1292.71 $/oz Change: 6.60
Pt 987.00 $/oz Change: 8.00


Infrastructure initiative garners support from nine African presidents

By: Natasha Odendaal     Updated 1 hour 31 minutes ago Spearheaded by South Africa’s President Jacob Zuma, the Presidential Infrastructure Champion Initiative (PICI), aimed at accelerating regional trade and unlocking the economic potential of the continent, now has nine African presidents on board, with ten projects in the spotlight as Africa... 

Modular Design Of Weg Smart Relay Offers Flexibility

     Updated 7 hours ago The modular design of the WEG low voltage electric motor management system offers flexibility by allowing expansion of its functionalities. Engineered as a plug and play solution, the compact WEG SRW01 is ideal for applications where space is limited. It incorporates state of the art technology... 

Turkish firms set for $64bn spending spree to leave home

By: Bloomberg     21st August 2017 Robert Yuksel Yildirim had barely been at the family’s construction-materials business a year before the company won its first international contract. Now, it’s a conglomerate with interests in mining, ports and chemicals across 28 countries. Twenty four years after the deal to import coal... 

Cesa Aon Engineering Excellence Awards winners for 2017 announced

     18th August 2017 Consulting Engineers South Africa (Cesa), supported by Aon South Africa, on Thursday announced the winners of this year’s Cesa Aon Engineering Excellence Awards, which recognise outstanding achievements in the engineering industry and celebrate innovation, quality, outstanding workmanship and... 

Explorer overcomes funding crunch, targeting first gold pour at Mali project by year-end

By: Ilan Solomons     18th August 2017 It is common knowledge that securing investment for exploration projects, particularly for junior operators, has been “extremely challenging”, owing to the current tepid global economic climate and low commodity prices, emerging gold miner Hummingbird business development head Robert Monro tells... 

Butane storage tank project, Belgium

By: Sheila Barradas     18th August 2017 The project will provide INEOS with options to trade butane in Europe. 

Focus needed to maximise S Africa’s export potential

By: Robyn Wilkinson     18th August 2017 The future of the South African materials handling sector will be impacted on significantly by sub-Saharan Africa development and the ability of South Africa to leverage its export capabilities on the subcontinent, says engineering consultant WSP Africa transport and infrastructure divisional... 

Industrial base growth will stimulate province’s steel industry

     18th August 2017 Growing the Eastern Cape industrial base will assist in stimulating growth in the struggling steel industry, says the Industrial Development Corporation (IDC). 

Procurement standard set to stop use of ‘cheap’ professional services

By: Marleny Arnoldi     18th August 2017 The National Treasury’s (NT’s) standard for infrastructure procurement and delivery management aimed at addressing government’s use of “cheap” professional service providers in public infrastructure projects officially became applicable to municipalities last month.  

San Pedro container terminal expansion project, Côte d’Ivoire

By: Sheila Barradas     18th August 2017 The expansion will enable the port to handle 14 000 twenty-foot-equivalent unit cargo vessels. 

Glencore coal miners return to work in Australia but vow more strike action

By: Reuters     17th August 2017 Coal mine workers from seven Glencore collieries in Australia returned to work on Thursday after a four-day work stoppage, with many voting to keep up pressure on the company over wages and job security. More than 1,400 workers met in the mining hub of Singleton, New South Wales, about 200 km... 

Mustang ruby inventory grows to 147 000 ct

By: Creamer Media Reporter      16th August 2017 ASX-listed Mustang Resources’ ruby inventory at the Montepuez project, in Mozambique, has grown to 147 052 ct, on track for reaching the targeted 200 000 ct to be sold at the company’s inaugural auction in October. The growing inventory is, in part, the result of work to increase water supply to... 

thyssenkrupp Infra-Red rapid drying oven improves turnaround time for Minopex

     16th August 2017 The fast drying capability of thyssenkrupp Industrial Solutions‘ Infra-Red rapid drying oven has significantly improved turnaround times for minerals processing operations specialist, Minopex. Developed in-house by thyssenkrupp Industrial Solutions South Africa, the Infra-Red (IR) rapid drying... 

BC Iron swings back to black

By: Esmarie Swanepoel     16th August 2017 Junior miner BC Iron has swung back into black during the full year ended June, as the company’s Iron Valley operation delivered strong results. BC Iron on Wednesday reported after tax profit of A$7.1-million from continuing operations, compared with a loss of A$43.9-million in the previous... 

Miner Hochschild's H1 pretax profit falls 33.8% on higher costs

By: Reuters     16th August 2017 Precious metals miner Hochschild Mining's pretax profit fell 33.8% in the first half of the year, hurt by higher costs. Attributable silver production rose 8.9% to 8.9-million ounces in the six months ended June 30, and the company said it was on track to deliver attributable production of... 

Enclosed Bulk Bag Discharger

     16th August 2017 A new BULK-OUT™ Model BFC Bulk Bag Discharger features an enclosure to contain errant dust escaping through the seams or fabric of bulk bags when working with unlined bags. White polymer panels enclose the sides, rear and top of the frame, while clear panels on four hinged access doors allow... 

Colombia's Grupo Argos sells port company to Goldman for $136m

By: Reuters     15th August 2017 Colombian holding company Grupo Argos has sold its 50% stake in a port operator to an investment fund administered by Goldman Sachs for about $136-million, Grupo Argos said in a statement on Monday. Compania de Puertos Asociados, called Compas, moves principally coal and cement through its ports... 

N2 Wild Coast Toll Road megabridges project, South Africa

By: Sheila Barradas     11th August 2017 The 580-m-long Msikaba bridge will be the longest-span cable-stayed suspension bridge in South Africa, and possibly in Africa.  

Vale targeted in $4.8-million Brazil extortion attempt

By: Bloomberg     8th August 2017 While cyberattack extortion is in vogue the world over, in Brazil’s Amazon region old-school shakedowns are no thing of the past. A couple was arrested after allegedly unscrewing the bases of energy towers belonging to Vale SA near the city of Parauapebas and demanding as much as 15 million reais... 

Iron-ore exports to China from Port Hedland drop 12% in July

By: Reuters     8th August 2017 Iron-ore shipments to China from Australia's Port Hedland terminal dropped 12% to 32.03-million tonnes in July from 36.6-million tonnes in June, port data released on Tuesday showed. Overall iron-ore shipments from the world's biggest export terminal for the steelmaking raw material dipped to... 

Hydraulic breakers from Chicago Pneumatic first choice for major infrastructure projects contractor in Qatar

     8th August 2017 Rock Fall Contracting WLL (RFC), a major civil engineering and earthmoving specialist contractor based in Doha, Qatar, has augmented its fleet of Chicago Pneumatic rig-mounted hydraulic breakers with the addition of new RX8 and RX54 units. The breakers are destined for use in demanding... 

CDC’s diverse Energy approach boasts well for the Eastern Cape

     7th August 2017 The Coega Development Corporation recently hosted the Minister of Energy Ms Mamokolo Kubayi who recommitted the Coega SEZ as one of the preferred locations identified to host the gas to power plant and identified the CDC as one of the important partners to assist the department in implementing... 

African Marine Waste Conference Highlights Need For More Collaboration, Communication And A Clear Game Plan For The Plastics Industry

     7th August 2017 The 2017 African Marine Waste Conference took place from the 9th to the 13th of July in Port Elizabeth, and was attended by approximately 200 delegates from 9 African states and a further 10 countries from other continents. The inaugural African Marine Waste Conference was managed by the... 

Transnet mulls options to improve Durban port efficiencies

By: Shirley le Guern     4th August 2017 Improving ship turnaround times, implementing a scheduling system to alleviate crippling truck congestion at the Durban Container Terminal (DCT) and rescheduling construction of the Durban Dig Out Port (DDOP) were some of the key topics discussed during a business-to-business breakfast hosted by... 

Forum to address rail maintenance and rehabilitation

     4th August 2017 A delegation of international rail maintenance and rehabilitation professionals, together with an “unbeatable” line-up of thought leaders in Africa’s transport sector will be in Durban, South Africa in October to address challenges faced by the rail fraternity in Africa. 

Harbour reconstruction project nearing completion

By: Marleny Arnoldi     4th August 2017 Construction companies Stefanutti Stocks Coastal and Axsys Projects have partnered for the Maydon Wharf reconstruction project in Durban, KwaZulu-Natal, and they expect the project to be completed next month.  

New maritime transport policy to facilitate sector growth

By: Marleny Arnoldi     4th August 2017 The Department of Transport finalised its Comprehensive Maritime Transport Policy (CMTP) for South Africa in June.  

Port of Ngqura manganese export expansion project, South Africa

By: Sheila Barradas     4th August 2017 Transnet Freight Rail plans to increase the capacity on its manganese rail line beyond 5.5-million tonnes to an eventual 16-million tons. 

Rail is the future of Africa’s industrialisation

     4th August 2017 Rail infrastructure upgrades remain a core focus of the ongoing industrialisation of Africa, where the transportation of goods and commodities is often difficult and costly, owing to underinvestment in rail infrastructure, says multinational power and engine manufacturer and distributor Cummins. 

Station’s strategic location to improve corridor capacity

By: Simone Liedtke     4th August 2017 Rosmead station, in the Eastern Cape, was identified as strategic in improving operational capacity along the export corridor and forms part of Phase 1 of State-owned freight utility Transnet’s Port of Ngqura manganese export expansion project. 

WiFi addresses connectivity at ports

By: Marleny Arnoldi     4th August 2017 One of the key challenges with connectivity at a port, harbour or offshore environment is the constant movement of large objects such as ships coming in or containers being on- and offloaded.  

Konecranes celebrates the delivery of the 1000th RTG

     3rd August 2017 Konecranes has been delivering Rail Mounted Gantry (RMG) cranes to intermodal operators all over the world for many years. This year marks the delivery of the 1000th Konecranes Rubber Tired Gantry (RTG) crane – a milestone in its impressive history. It was installed at the Georgia Ports Authority... 

Orlando Pirates to defend their Engen Knockout Challenge title.

     3rd August 2017 The draw for the Johannesburg leg of the 2017 Engen Knockout Challenge took place on 25 July at the Sunnyside Park Hotel. The eagerly anticipated tournament takes place from 04 – 06 August at the Wits Marks Park Sports Complex. Johannesburg’s football fraternity were out in force for the draw. In... 

Yancoal to raise $2.5bn for Hunter Valley coal acquisition

By: Esmarie Swanepoel     2nd August 2017 ASX-listed Yancoal on Wednesday announced a $2.5-billion capital raise to fund the acquisition of mining major Rio Tinto’s Coal & Allied assets. Yancoal told shareholders that the company would launch a 23.6-for-1 pro-rata renounceable entitlement offer, priced at 10c each, to raise the funds. 

Seven New Vehicles Attest to On-going Success of Cargo Carriers / Caltex Eastern Cape Branded Marketer Joint Venture in Eastern Cape

     2nd August 2017 Uzuko Carriers hauls fuel for Caltex branded dealerships across the Eastern Cape. Supply chain experts Cargo Carriers just enhanced this joint venture with Caltex Eastern Cape Marketers via the acquisition of seven new Mercedes-Benz trucks. Uzuko Carriers (Pty) Limited (Uzuko Carriers) started as... 

DBSA committed to funding infrastructure projects throughout SADC

By: Anine Kilian     1st August 2017 With low levels of electrification hindering economic growth and development in sub-Saharan Africa – where 78% of the population is reliant on biomass as their main energy source – $57-trillion will be required until 2030 to fund the continent’s infrastructure and energy projects, according to... 

Fortescue brings power in-house

By: Esmarie Swanepoel     1st August 2017 Iron-ore miner Fortescue Metals has moved to repurchase the Solomon power station from TSX-listed TransAlta Corporation. The company in 2012 sold the Solomon power station to TransAlta and entered into a power purchase agreement (PPA) for the power station’s entire capacity, which is providing... 

KZN Industrial Show 2017, Durban ICC, 26 – 29 July, Stand D01, D14 & E19, Hall 1

     28th July 2017 Parker Hannifin to showcase motion and control solutions for the industrial industry at KZN Industrial Show 2017 Parker Hannifin, the global leader in motion and control technologies, have three distributors exhibiting at this year’s KZN Industrial Show in Durban, South Africa from 26 – 29 July... 

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