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TNPA progresses multibillion-rand investment in East London port

By: Creamer Media Reporter      20th October 2017 The Transnet National Ports Authority (TNPA) on Friday said it had injected R542-million into several major infrastructure and equipment projects at the Port of East London over the past few years as part of Operation Phakisa. This includes the R219-million refurbishment of the dry dock to... 

MinRes eyes spodumene concentrate at Wodgina

By: Esmarie Swanepoel     20th October 2017 Lithium miner Mineral Resources (MinRes) is hoping to start the construction of a spodumene concentrate plant at its Wodgina lithium operation, in Western Australia, by the fourth quarter of this year. The company on Friday announced plans to instal three modules capable of producing 250 000 t/y... 

Atlas Iron turns cash positive as turnaround bears fruit

By: Esmarie Swanepoel     20th October 2017 Iron-ore miner Atlas Iron on Friday announced that it had become net cash positive following the end of the September quarter with some A$93-million cash on hand and a further A$21-million in its reserve account. MD Cliff Lawrenson told shareholders that the transition to a net cash status... 

Hydraulics scope for vessel project completed

     20th October 2017 In its biggest sea vessel project ever undertaken, hydraulic components and turnkey hydraulic systems supplier Hytec successfully designed, manufactured, installed and commissioned all hydraulics for three systems on board the most technologically advanced marine diamond sampling and exploration... 

New business model drives group’s resurgence in Africa

By: Robyn Wilkinson     20th October 2017 Economic growth in Africa is ensuring a steady demand for infrastructure development and by tailoring its business model to access this demand, engineering services provider ELB Group has enhanced its activities on the continent and announced a return to profitability. 

BAIC implementing catch-up strategy to meet 2018 Coega deadline

By: Dylan Slater     20th October 2017 China-based vehicle manufacturer Beijing Automotive Group (BAIC), is accelerating some of its construction plans for its vehicle manufacturing plant, currently under construction at the Port Elizabeth-based Coega Industrial Development Zone, to catch up on delays incurred owing to primarily... 

First Joy Reclaim Feeder Manufactured in Wadeville Uses 75% Locally-Sourced Materials

     19th October 2017 Designed specifically to meet the challenges of the South African mining environment, the first locally-manufactured Joy reclaim feeder is now available from Komatsu. Produced at the company’s manufacturing facility in Wadeville, the machine was built using 75 percent locally sourced materials.... 

Concord Cranes to diversify into new markets and extend its footprint

     18th October 2017 Concord Cranes, a crane hire and specialised transport service company in the Industrial Services Holdings (InServe) stable, is diversifying into the heavy-lift market, as well as expanding its footprint in South Africa and on the continent. The Concord Cranes group comprises Concord AngloV3... 

Shanghai rebar extends rally to one-month high, lifts iron-ore

By: Reuters     16th October 2017 Chinese rebar steel futures advanced for a third straight day to hit a one-month peak on Monday, supported by output cuts in the world's top producer as part of the government's battle against smog. The gains in steel prices lifted iron-ore, although traders were not convinced the increase in... 

Close Collaboration Minimises Shipping Disruptions in Port of Durban

     16th October 2017 Swift action by Transnet National Ports Authority, in collaboration with the South African Maritime Safety Authority (SAMSA) and African Marine Solutions, saw the successful delivery of a multi-vessel emergency operation in the Port of Durban during yesterday’s during inclement weather. By 18h30... 

Argentina Lithium starts digging at Arizaro

By: Henry Lazenby     13th October 2017 Lithium explorer Argentina Lithium & Energy has initiated its first drilling and subsurface brine sampling programme at the 20 500 ha Arizaro lithium project, located on the Arizaro Salar in Salta province. The TSX-V-listed company initially plans to drill three to four holes, with depths up to... 

Mahindra SA to start local assembly, move into tractor market

By: Irma Venter     13th October 2017 Mahindra South Africa (SA) should start local semi-knockdown assembly of its new generation Mahindra Pik Up and Bolero bakkie within the next six months, says Mahindra Automotive and Farm Equipment International Operations chief Arvind Mathew. “Local assembly is my number one priority,” he told... 

GM, suppliers to invest $500m in Argentina to produce new model

By: Reuters     13th October 2017 General Motors Co and its suppliers will invest a total of $500-million in Argentina operations through 2019 to prepare to produce a new Chevrolet model in 2020, the company said in a statement on Thursday. The company will invest $300-million while its supplier network will invest $200-million... 

Construction of Mombasa container terminal second phase to begin 2018

By: John Muchira     13th October 2017 Construction of the second phase of a modern container terminal in Kenya's port city of Mombasa is set to start in January as the country seeks to cement its position as East Africa’s transport and logistics hub. This comes after the Kenya Ports Authority (KPA) secured a $333.7-million loan from... 

Italian company ensures engineering success in KZN

By: Robyn Wilkinson     13th October 2017 As it celebrates its sixtieth year in South Africa, Italian multinational engineering solutions provider Maccaferri will complete the construction of one of the country’s largest surfaces of mechanically stabilised earth walls to date – at 10 000 m2 – at the Mount Edgecombe interchange, in... 

Duqm refinery, Oman

By: Sheila Barradas     13th October 2017 The project entails the construction of a high-efficiency refinery to produce naphtha, jet fuel, diesel and liquefied petroleum gas. 

Berbera multipurpose port project, Somalia

By: Sheila Barradas     13th October 2017 DP World has won a concession for the management and development of the port project.  

R20bn Swazi Rail Link being prepared for presentation to investors before year-end 

By: Terence Creamer     12th October 2017 An expression of interest (EoI) for the R20-billion crossborder Swazi Rail Link infrastructure project between South Africa and Swaziland will be released to potential investors before the end of 2017, South Africa’s Transnet Freight Rail (TFR) and Swaziland Rail confirmed on Thursday. The 150 km... 

Engen supports Education in Nelson Mandela Bay

     12th October 2017 For the third year running, Engen participated in the Mayoral Charity Golf Day at the Port Elizabeth Golf Club, and contributed R100 000 to the Community Chest. Held on 6 October, the 12th Mayoral Charity Golf Day was spearheaded by the Mark Headbush Foundation, in partnership with the Community... 

Win a trip to Monaco by putting a little F1 in your tank

     12th October 2017 To celebrate the launch of the new advanced energy formula Engen Primax Unleaded, South Africa’s favourite petrol brand* is offering four lucky couples the chance of winning a trip for two to the Monaco Formula One Grand Prix in May 2018. The Monaco Grand Prix, dating back to 1929, is one of the... 

Durban harbour remains closed after devastating storm

By: News24Wire      11th October 2017 Durban harbour was still closed on Wednesday morning with authorities having spent Tuesday night refloating five vessels that were pushed aground and emergency services were still on high alert after a massive storm that killed at least six people. "[Emergency Medical Services] are still on high... 

Meridian reports record Q3 output, sales; new offtake accord

By: Henry Lazenby     11th October 2017 Manganese miner Meridian Mining has reported new record production and sales at its flagship Espigão project, in Rondônia, Brazil. London, UK-based Meridian achieved production of 18 488 t in the third quarter ended September 30, compared with 13 445 t in the comparable period a year earlier – a... 

Storm forces TNPA to suspend vessel movements at Durban port

By: Creamer Media Reporter      10th October 2017 Transnet National Ports Authority (TNPA) has suspended all vessel movements in the Port of Durban owing to a storm lashing parts of KwaZulu-Natal. “Transnet’s marine services team and tugboats are assisting with several emergencies. These include the grounding of three vessels in the Port of... 

Mustang granted Montepuez mining concession

By: Creamer Media Reporter      10th October 2017 The Mozambique Minerals and Energy Ministry has granted ASX-listed Mustang Resources a mining concession for its Montepuez project. The concession is valid until September 2042 and paves the way for the company to increase its processing capacity, as planned, following its maiden tender. 

Tharisa reports best production year

By: Martin Creamer     10th October 2017 Platinum group metals (PGM) and chrome co-producer Tharisa on Tuesday reported a record fourth quarter, which nudged the company to its best yearly production performance to date in the 12 months to September 30. The JSE-listed company, headed by CEO Phoevos Pouroulis, said in a release to... 

Thyssenkrupp and Tata Steel plan to create powerful new No. 2 in European steel market

     10th October 2017 Memorandum of understanding signed to combine European steel activities in 50/50 joint venture Positioning as strong quality and technology leader Annual synergies of €400 million to €600 million expected Signing of agreement targeted for early 2018 and closing by 2018 year-end thyssenkrupp and... 

China steel rises as market eyes winter cuts; iron-ore, coal slide

By: Reuters     9th October 2017 Shanghai steel rebar futures jumped nearly 3% on Monday as Chinese markets reopened after a week-long holiday, with investors anticipating production cuts in the world’s top steel producer as the country fights smog. Prices of steelmaking raw materials iron-ore and coking coal fell, reflecting... 

Plans to restart giant Bougainville mine stall as operating rights battle rages

By: Reuters     6th October 2017 Plans to reopen one of the world's biggest copper mines, shut by a civil war on the Pacific Island of Bougainville in 1989, have run into trouble. The quarter of a million people of Bougainville are tentatively scheduled to vote on independence from Papua New Guinea in June 2019, and revenue from... 

Glencore-led Australian coal port eyes $3bn debt rejig – sources

By: Reuters     6th October 2017 Mining giant Glencore and its partners are proposing to repay part of $3-billion owed on the world's most expensive coal terminal, two lenders familiar with the matter said, in a bid to stave off a rapidly approaching deadline for full repayment. If the refinancing fails to go ahead by next... 

Local innovation key for growing automotive industry

By: Robyn Wilkinson     6th October 2017 Key to realising the growth potential of South Africa’s automotive sector is local innovation, albeit with due consideration to conditions and operating environments, as local companies are not always able to use international innovations and technologies, says enterprise resource planning (ERP)... 

Industry trying to reduce reliance on imports

By: Robyn Wilkinson     6th October 2017 High quality, increased productivity and cost reduction are vital for success as the South African automotive industry works to reduce its reliance on automotive component imports while growing its export potential in a slow economy, says industrial equipment supplier Germ Africa director Robert... 

Company upgrades Verderflex Vantage 5000

     6th October 2017 Pumps products and services provider Verder Liquids, part of the Verder Group, has released a new remote terminal unit (RTU) version of its Verderflex Vantage 5 000 peristaltic pump. The RTU brings easier system integration and real-time communication to form a sophisticated, remotely operated... 

Trials on Kenya’s new standard-gauge railway network to start this month

By: John Muchira     6th October 2017 Kenya is gearing up to start transporting cargo on the country's new standard-gauge railway (SGR) network, signalling the beginning of a new era for East Africa’s freight logistics sector, which has been dominated by road hauliers. Cargo transport trial runs on the SGR network start at the end of... 

Kenya high-speed expressway.

By: Sheila Barradas     6th October 2017 The Kenyan National Highways Authority plans to build a 473 km expressway between Nairobi and Mombasa. 

Port Hedland China iron-ore exports up 2.8% in Sept

By: Reuters     5th October 2017 Iron-ore shipments to China from Australia's Port Hedland terminal rose 2.8% to 36.7-million tonnes in September from 35.7-million tonnes in August, port data released on Thursday showed. Overall, September iron ore shipments from the world's biggest export terminal for the steelmaking raw... 

2nd Manufacturing Indaba Eastern Cape planned for the Province

     4th October 2017 Manufacturing Indaba Eastern Cape (MIEC) a yearly provincial event, and part of the national Manufacturing Indaba will be hosted on the 20th October 2017 at The Boardwalk Convention Centre in Port Elizabeth. Nwabisa Makunga, the deputy Editor of both the Herald and the Weekend Post will be... 

Sovereign signs rail MoU in Malawi

By: Esmarie Swanepoel     3rd October 2017 Junior Sovereign Metals has signed a memorandum of agreement (MoU) with an infrastructure consortium led by majors Vale and Mitsui, for rail freight, port access and port handling services for graphite product from the Malingunde project, in Malawi. Sovereign said on Tuesday that the MoU... 

Available from RS Components, new generation of Barth mini-PLCs now compatible with Arduino

     2nd October 2017 New STG-800 series from Barth Elektronik can be programmed via Arduino IDE software to enable fast and easy start for development   RS Components, the trading brand of Electrocomponents plc, the global distributor for engineers, has announced that the recently launched STG-800 range of mini-PLCs... 

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