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Ford produces milestone 500 000 Rangers in South Africa

By: Schalk Burger     14th August 2018 Ford Motor Company of Southern Africa’s (FMCSA’s) Silverton assembly plant, in Pretoria, has produced its 500 000th Ford Ranger. “The current Ford Ranger has been a remarkable success story for FMCSA, and we are delighted to have reached the 500 000 mark for this vehicle programme,” Ford Middle... 

Nigeria's State-owned oil company considers refinery partnerships

By: Reuters     14th August 2018 Nigerian National Petroleum Corporation (NNPC) could allow private investors to install two refineries on two of its sites, the State-owned oil company said on Tuesday. NNPC said in a statement that it was considering plans to establish a 100 000 bbl/d brownfield refinery at its Port-Harcourt and... 

Kenya charges top officials with fraud over new $3bn railway

By: Reuters     13th August 2018 A Kenyan court on Monday charged the heads of the agency that manages public land and of the state railway with fraud over land allocation for a new $3-billion train line linking the capital with East Africa's biggest port. The line between Nairobi and Mombasa, funded by China, is one of the... 

New Brunswick to help Arianne fund study for phosphoric acid plant

By: Creamer Media Reporter      10th August 2018 The province of New Brunswick has partnered with Arianne Phosphate –the developer of the Lac à Paul project in Quebec's Saguenay-Lac-Saint-Jean region – to study the feasibility of building a phosphoric acid plant in Belledune, the development-stage phosphate mining company announced this week.... 

Rio Tinto considers float of Canadian iron-ore business

By: Reuters     10th August 2018 Rio Tinto, the world's second largest listed mining company, is exploring a public listing of its Iron Ore Company of Canada business, banking and industry sources said, as it focuses on boosting revenue from its flagship Australian assets. Iron-ore, which accounts for most of Rio's profit and... 

Sonatrach in talks with 14 foreign firms on trading venture – CEO

By: Reuters     10th August 2018 Algerian State energy firm Sonatrach is in talks with 14 international firms for a joint venture to trade oil and gas products after agreeing to buy its first overseas refinery, its CEO said on Thursday. "I am happy to say that 14 firms are on the list to do a JV on trading with us," Abdelmoumen... 

UAE to build oil pipeline between Eritrea and Ethiopia – Fana Broadcasting

By: Reuters     10th August 2018 The United Arab Emirates will build an oil pipeline connecting Eritrea's port city of Assab with Ethiopia's capital Addis Ababa, an Ethiopian state-affiliated broadcaster said on Friday. Fana Broadcasting said the information was revealed during a meeting in Addis Ababa between Ethiopia Prime... 

Fibre optics punted for pipeline monitoring amid major spills in mining and other sectors

By: Nadine James     10th August 2018 Fibre optics were invented to carry huge amounts of voice data over long distances very efficiently, but advancements in optical technology have enabled the use of specialised fibre optic cables as sensors with the ability to measure parameters such as acoustic energy, temperature, strain, and... 

Ongoing waterproofing for Innovation Hub campus

By: Jessica Oosthuizen     10th August 2018 Speciality chemicals manufacturer a.b.e. Construction Chemicals continues to provide large volumes of polyurea coating for the waterproofing of an expansive roof of one of the Innovation Hub campus’ new buildings in Gaborone, Botswana. The project is expected to be completed by the end of the... 

READY TO ROLL

10th August 2018 Chinese vehicle manufacturer the Beijing Automotive Group (BAIC) officially opened its 88 969 m2 semi-knocked-down vehicle assembly plant in the Coega Industrial Development Zone, near Port Elizabeth, late last month. Presidents Cyril Ramaphosa and Xi Jinping presided over the launch via a live... 

Should we worry about Chinese generosity?

By: Martin Zhuwakinyu     10th August 2018 Back in March, former US Secretary of State Rex Tillerson became the umpteenth Western big gun to urge Africans to beware of Chinese generosity on the continent, which has taken the form of freebies such as the African Union headquarters in Addis Abba, Ethiopia – built at a cost of $200-million... 

Altura walks away from takeover talks

By: Esmarie Swanepoel     9th August 2018 The share price of ASX-listed Altura Mining climbed by more than 5.5% on Thursday on news that the company had walked away from a potential control transaction. Altura in March confirmed speculation that it was in discussions with Shaanxi J&R Optimum Energy Company regarding a potential control... 

AFC welcomes completion of, first shipment from Guinea bauxite mine

By: Nadine James     8th August 2018 Infrastructure development finance institution Africa Finance Corporation (AFC) on Wednesday announced the on time completion of the Bel Air mine, in Guinea, and its first shipment of high-grade bauxite to China.  The construction of the mine was completed on time and within budget.  

Investments in paper business start paying off – Mpact

By: Anine Kilian     8th August 2018 Capital investments in JSE-listed Mpact’s paper business are starting to contribute to the group’s performance, CEO Bruce Strong said on Wednesday. Reporting on the group’s results for the six months ended June 30, he noted that the gains made in the paper business had, however, been offset by a... 

Omagh processing plant starts operating

By: Creamer Media Reporter      8th August 2018 The recently upgraded processing plant at the Omagh gold mine has started operating, using feed from the underground development of the Kearney gold vein, Toronto- and London-listed Galantas Gold reported on Wednesday. The processing plant is expected to operate part time until production... 

Haulage starts at Altura's mine

By: Esmarie Swanepoel     8th August 2018 First lithium concentrate from ASX-listed Altura Mining’s lithium mine has been hauled to Port Hedland, ahead of first shipments. “MD James Brown said on Wednesday that the start of haulage was another important step for the company. 

Think that complicated terms like NAS and cloud are only for geeks?

By: Creamer Media Reporter      7th August 2018 NAS stands for network-attached storage. Sounds complicated and technical and only for hardcore technology fundi’s right? Wrong. NAS happens to be a clever, easy and brilliant way to build a home server that allows you to change the way you handle all your photos, videos, backups, streaming and... 

Mathe Group ups tyre processing by 35%, grows steel exports

By: Irma Venter     7th August 2018 The KwaZulu-Natal-based Mathe Group, South Africa’s largest tyre recycler, has developed two steel by-products that are being exported to Australia and Korea in growing quantities. Dr Mehran Zarrebini, head of British investment group PFE International, which is one of the major shareholders in... 

Tanzania wants to build pipeline to pump gas to Uganda

By: Reuters     6th August 2018 Tanzania wants to build a pipeline to pump natural gas to neighbouring Uganda, another step in the two countries' bid to expand energy cooperation. State-run Tanzania Petroleum Development Corporation (TPDC) said on Monday that the pipeline would start from its capital Dar es Salaam, then pass... 

Updated study increases Frieda River mine life, production forecast

By: Esmarie Swanepoel     6th August 2018 The Frieda River copper/gold project, in Papua New Guinea, could produce more copper and gold over a longer period than previously thought, ASX-listed Highlands Pacific reported on Monday. Highlands, which owns a 20% interest in the joint venture (JV) project, told shareholders that partner... 

Great Australian Bight holds a treasure trove for South Australia

By: Esmarie Swanepoel     6th August 2018 A new study by the Australian Petroleum Production and Exploration Association (Appea) has found that successful oil exploration in the Great Australian Bight could see the creation of more than 2 000 jobs in South Australia and generate over A$7-billion a year in average tax revenue to federal... 

Fortescue cuts Atlas Iron stake, to retain ‘substantial holding’

By: Esmarie Swanepoel     6th August 2018 Iron-ore major Fortescue Metals on Monday said that it would retain a “substantial shareholding” in takeover target Atlas Iron, despite reducing its interest from 19.9% to 11.37%. “Fortescue has considered its options with regard to the 19.9% shareholding in Atlas Iron and has decided to retain... 

India's Goa state to push federal govt to restart mining

By: Reuters     6th August 2018 India's Goa state on Friday passed a resolution asking the state's chief Minister to push the federal government to amend laws to restart mining across the state, a state lawmaker said, months after the country's top court quashed mining permits. The resolution seeks to amend laws in Goa so that... 

This Women’s Day we celebrate a future leader from Motherwell

By: Creamer Media Reporter      3rd August 2018   August is a special for Engen. It is Women’s Month, and it provides the company with an opportunity to reflect upon its commitment to helping gifted South African women explore new horizons.   Babalwa Pendlani is one of many young women whose horizons have broadened thanks to Engen.   Despite... 

S African company supplies four hoppers to Kenyan port

By: Halima Frost     3rd August 2018 South Africa-based equipment supplier BLTWORLD has assisted in supplying four materials handling specialist SAMSON Eco-Hoppers to the Kenyan Port of Mombasa, in June this year. Acquiring the hoppers is part of the Mombasa Resilient Infrastructure Programme (MRIP) initiative by the Kenya Ports... 

New appointments to help ship repair focus

3rd August 2018 Transnet National Ports Authority (TNPA) has announced its new appointments and rotational changes to current harbour masters, all effective July 1, 2018.   

Maintaining Ngqura now easier and more cost effective

By: Halima Frost     3rd August 2018 South Africa’s newest deep-water port, the Port of Ngqura, has received its first piece of maintenance equipment since becoming operational in 2009. The vehicle, a crane truck – estimated to be valued at R1.8-million – was specifically modified to meet the ports requirements, and will be used... 

Success of Africawide free trade area will partly rest on world-class infrastructure

By: Creamer Media Reporter      3rd August 2018 The construction industry - a key partner in the economic integration of the continent envisaged by the African Continental Free Trade Area By Mokate Ramafoko, PPC Managing Director: International Operations 

London court rules DP World Djibouti contract 'valid and binding' – Dubai govt

By: Reuters     2nd August 2018 Dubai's government said on Thursday the London Court of International Arbitration (LCIA) has ruled DP World's port container terminal contract in Djibouti was valid and binding. The government of Djibouti seized the Doraleh Container Terminal from DP World in February over a dispute dating back... 

EPA backs plans to revive Paroo Station lead mine

By: Esmarie Swanepoel     1st August 2018 The Western Australian Environmental Protection Authority (EPA) has backed plans to restart operations at the Paroo Station lead mine, near Wiluna. EPA chairperson Tom Hatton said the proposal from Rosslyn Hill Mining to expand the current mining operation by 400 ha and introduce new lead... 

Cokal gets funding partner for BBM

By: Esmarie Swanepoel     1st August 2018 ASX-listed Cokal has secured development funding for its 60% owned Bumi Barito Mineral (BBM) pulverised coal injection (PCI) coal project, in Indonesia. Cokal on Wednesday told shareholders that it had executed a binding term sheet with Aahana Global Resources & Investment, a special purpose... 

Nacala corridor transaction reaffirms ‘Africa open for business’

By: Simone Liedtke     30th July 2018 Owing to a consortium of three export credit agencies (ECAs), the African Development Bank (AfDB) and a lending consortium of six international and four South African banks, a collaboration on funding for the revamp and extension of the Nacala Logistics Corridor has successfully raised... 

Rey sells Duchess Paradise for A$24m

By: Esmarie Swanepoel     30th July 2018 ASX-listed Rey Resources has signed a deal with Yuanrun Investment to divest of its Duchess Paradise thermal coal project, in Western Australia, for A$24-million. Yuanrun will pay A$2-million to Ray within ten days of the agreement, with the payment treated as a non-refundable deposit. 

Hulamin sells well despite US import tariffs, decreased trade with China

By: Marleny Arnoldi     30th July 2018 JSE-listed aluminium supplier and exporter Hulamin has declared a 77% decrease in headline earnings a share to 13c for the six months ended June 30, partly owing to the 7% strengthening of the rand against the dollar to an average of R12.30 in the period, compared with an average of R13.22 in the... 

Funding a vital link across 912kms

27th July 2018 Railway infrastructure is key to the growth of any economy – all the more, if you are exporting coal across international trade waters. Thanks to the revamped and extended Nacala Logistics Corridor, the Moatize coal mine in the northwest Tete region of Mozambique can now export greater volumes of... 

MinRes to earn into Brockman’s Marillana project

By: Esmarie Swanepoel     27th July 2018 ASX-listed Mineral Resources (MinRes) has struck a deal with fellow-listed Brockman Mining, which could see it acquire a 50% share in the Marillana iron-ore project, in the Pilbara. Under a farm-in agreement, MinRes could earn a 50% interest in the project by spending A$250 000 on exploration... 

BAIC vehicle manufacturing plant project, South Africa

By: Sheila Barradas     27th July 2018 Beijing Automotive Group Corporation South Africa opened its 88 969 m2 vehicle assembly plant, in the Coega Industrial Development Zone, on July 24.  

New milestone set at Gamsberg zinc project

By: Martin Creamer     26th July 2018 The completion of the main construction activities and commissioning of the front-end ore crushing, handling and stockpiling system for the Gamsberg zinc mine project in the Northern Cape is seen as a significant milestone. Completed for the Black Mountain Complex – part of the Vedanta Resources... 

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