http://www.engineeringnews.co.za
R/€ = 16.04 Change: -0.02
R/$ = 14.11 Change: -0.01
Au 1220.74 $/oz Change: -4.03
Pt 840.50 $/oz Change: -11.36
 

Topic

India’s Nalco to bid for bauxite blocks at auctions, readies to foray into merchant mining

By: Ajoy K Das     16th November 2018 With various Indian state governments readying to put 21 bauxite mines up for allocation, State-run National Aluminium Company Limited (Nalco) will put in bids at the auctions for captive consumption and foray into merchant mining of the raw material. The 21 bauxite blocks will be auctioned by... 

Radebe hints at possible Saudi investment to boost South Africa's oil refining capacity

By: Kim Cloete     7th November 2018 Energy Minister Jeff Radebe has called for a collaborative approach to attract investment in oil refining hubs throughout the continent and has hinted that Saudi Arabian investment in refining capacity in South Africa may soon become a reality. “In South Africa we believe the time has come for an... 

Breakthrough In Copper Recoveries From FLSMIDTH

29th October 2018 In an effort to improve leach kinetics and recoveries of primary copper concentrates, minerals process solutions provider FLSmidth developed the Rapid Oxidative Leach (ROL) process – capable of attaining over 97% copper dissolution in less than six hours under atmospheric conditions. This advance... 

Ramaphosa declares end to 'investment strike' and unveils R290bn in commitments  

By: Terence Creamer     26th October 2018 President Cyril Ramaphosa declared an end to South Africa's proverbial 'investment strike', when he unveiled firm investment commitments of R290-billion across a diverse range of sectors, from mining and energy to infrastructure and manufacturing, at a well attended and vibrant investment... 

Refinery receives new fire protection trailer system

By: Melissa Zisengwe     26th October 2018 For three consecutive years, fire protection equipment supplier DoseTech and Germany-based dosing technology company FireDos have supplied the latest portable foam fire-protection system to integrated chemicals and energy chemicals company Sasol, states Dosetech MD Mike Feldon. The latest system... 

Norsk Hydro Q3 beats forecast, Alunorte outlook still uncertain

By: Reuters     24th October 2018 Norwegian aluminium producer Norsk Hydro's third-quarter earnings far exceeded forecasts on Wednesday amid rising metals prices, but the company is still in the dark over when its key Brazilian alumina plant can return to full production. The company won permits from Brazilian authorities... 

Lonmin undertakes refinancing, delivers on results promise 

By: Simone Liedtke     22nd October 2018 Platinum miner Lonmin has entered into a $200-million metal purchase agreement with Pangaea Investments Management (PIM), an associate company of Jiangxi Copper Company (JCC), which will provide the miner with improved liquidity and remove certain restrictive current lender conditions. Of the... 

BASF and Norilsk Nickel sign nickel and cobalt supply agreement

By: Creamer Media Reporter      22nd October 2018 Chemicals and cathode giant BASF has locked in a local source of feedstock for its European battery materials business, announcing on Monday that it had signed a long-term, market-based agreement with Russian miner Norilsk Nickel (Nornickel) for nickel and cobalt supply. The German group also... 

Kidman reveals integrated lithium mine-to-refinery study results

By: Esmarie Iannucci     22nd October 2018 Lithium developer Kidman Resources on Monday revealed that an integrated mine, concentrator and refinery project, in Western Australia, would cost $601-million to develop. The company has completed a prefeasibility study on the proposed Kwinana lithium refinery, as well as an updated scoping... 

Kenya to establish gold refinery in bid to boost mining revenue

By: Bloomberg     19th October 2018 Kenya is seeking consultants for a feasibility study on a planned gold refinery in the East African nation’s western town of Kakamega, in a bid to boost earnings by small-scale miners. “The aim of the project is to improve the livelihoods of the beneficiary community, regional economy and that of... 

Sasol reports strong Natref turnaround as oil, rand provide Q1 tailwind 

By: Terence Creamer     18th October 2018 Energy and chemicals group Sasol reports that a turnaround in the production performance of the Natref refinery, in the Free State, helped offset the effects of an extended shutdown at its Secunda operations during the first quarter of its 2018/19 financial year. The JSE-listed company attributed... 

Nigeria central bank, MTN getting closer to settlement – Minister

By: Reuters     18th October 2018 Nigeria's central bank and South African telecommunications firm MTN could soon strike a deal in their dispute over the repatriation of $8.1-billion, Nigeria's information minister said on Wednesday. The central bank says MTN transferred $8.1-billion of funds out of Nigeria in breach of... 

South32 reports strong manganese and coking coal performance 

By: Esmarie Iannucci     18th October 2018 Diversified miner South32 on Thursday reported a record quarter at its Australian manganese operations, while metallurgical coal production was up 39% on the previous quarter. “Annual production guidance is maintained for all our operations, with Australia manganese achieving another quarterly... 

Jubilee reports solid Q3 performance, growing demand

By: Simone Liedtke     17th October 2018 AltX- and Aim-listed Jubilee Metals has seen a growing demand from both small and global mining companies wanting to work with Jubilee to access the metals available in mine waste, CEO Leon Coetzer said on Wednesday. This statement comes amid the diversified metals recovery company having... 

Jubail petrochemicals complex, Saudi Arabia

By: Sheila Barradas     12th October 2018 The joint development agreement of the front-end engineering and design for the complex has been signed.  

Jizzakh refinery, Uzbekistan

By: Sheila Barradas     12th October 2018 Jizzakh Petroleum plans to build five-million-ton-a-year crude oil refinery to produce clean-burning gasoline, diesel and jet fuel. 

China swoops in on Canadian oil that's $50 below US crude

By: Bloomberg     11th October 2018 Chinese oil buyers are making a beeline for a bargain across the Pacific. With Canadian oil over 60% cheaper than US benchmark West Texas Intermediate and global marker Brent, China’s refiners are being lured to the heavy, sludgy crude. That’s because – apart from being a source of fuel – it’s... 

First Cobalt eyes restart of Canadian refinery

By: Esmarie Iannucci     11th October 2018 Dual-listed First Cobalt has undertaken three independent studies to assess restarting its refinery in Ontario, Canada. The First Cobalt refinery was commissioned in 1996, and has a nominal throughput capacity of between 12 t/d and 24 t/d. 

Mt Peake gets Native Title Agreement

By: Esmarie Iannucci     11th October 2018 ASX-listed TNG has signed Native Title Agreement for its Mount Peake vanadium/titanium/iron project, in the Northern Territory. The agreement was struck with the Central Land Council and the Eynewantheyne Aboriginal Corporation, the body corporate for the native title holders of the land. 

Commission recommends tribunal approve RPM buyout of Mototolo

By: Marleny Arnoldi     10th October 2018 The Competition Commission has recommended to the Competition Tribunal that it approve Rustenburg Platinum Mines’ (RPM’s) acquisition of the Mototolo Joint Venture (Mototolo JV) and the movable assets of the Mototolo chrome recovery circuit. The commission found that the proposed transaction... 

Hydro CEO says focus on full output at Alunorte, no layoffs

By: Reuters     10th October 2018 Norway's Norsk Hydro is focused on a return to full output at its Alunorte alumina refinery in Brazil and is not contemplating layoffs there, CEO Svein Richard Brandtzaeg told Reuters on Wednesday. Hydro had said last week it would close down the world's largest alumina refinery and lay off 4... 

RioZim to sue central bank over dollar payments

By: Reuters     9th October 2018 Zimbabwe's gold miner RioZim on Tuesday said it would take legal action to force the central bank to pay it in US dollars for part of its output, signalling impatience by mining companies over acute dollar shortages afflicting the economy. The shortages have worsened since 2016 and are the... 

Hydro restarts Brazil alumina refinery at half capacity

By: Mariaan Webb     8th October 2018 Norwegian aluminium company Norsk Hydro will restart its Alunorte alumina refinery, in Brazil, at 50% capacity, following approval by federal environmental agency IBAMA to use its press filter technology for processing bauxite residues. The “exceptional” authorisation, which was granted on... 

Nene's involvement with son's business dealings questioned

By: News24Wire      5th October 2018 Finance Minister Nhlanhla Nene has been pulled into the orbit of a questionable investment by the Public Investment Corporation (PIC) in Mozambique, after it emerged that a business partner of his son scored millions of rand in the deal.  The Mail & Guardian and amaBhungane reported on Friday... 

Brazil authorities question Hydro move to halt Alunorte operations

By: Reuters     5th October 2018 The Brazilian state of Para on Thursday said it was surprised when Norsk Hydro decided a day earlier to halt operations at Alunorte, the world's largest alumina refinery, and asked for a report explaining the decision. Brazilian regulators in February ordered Hydro to slash output by half at the... 

Hydro shuts Brazil alumina refinery and bauxite mine

By: Mariaan Webb     3rd October 2018 Norwegian aluminium company Norsk Hydro on Wednesday announced that it would shut down its Alunorte alumina refinery and its Paragominas bauxite mine, in Brazil, owing to a dispute with authorities over water discharges from the refinery. The refinery – the world’s largest alumina producer – has... 

Mini-refineries race billionaire to fix Nigerian fuel crisis

By: Bloomberg     2nd October 2018 In the race to solve a fuel-import crisis in Nigeria, Africa’s richest person faces competition from a swarm of tiny challengers. Billionaire Aliko Dangote is building a 650 000 barrel-a-day refinery in Nigeria that will help cut the nation’s $7-billion annual fuel-import bill. Such is the... 

Lynas calls for transparency in rumored Malaysia review

By: Esmarie Iannucci     2nd October 2018 Mineral sands miner Lynas has written an open letter to the Malaysian government calling for transparency and fairness in a potential review of the company’s plant. Local media reports in Malaysia have been speculating about a review of the Lynas refinery, with a long-time anti-Lynas campaigner... 

Engen Refinery Emergency Exercise

28th September 2018 Engen Refinery places the highest premium on safety and carries out regular emergency response exercises to test and perfect preparedness for dealing with incidents that could potentially put people at risk. As such, plant personnel supported by emergency services conducted a major simulated... 

Glencore backs $1bn acquisition of Chevron South Africa by black-owned consortium

By: Terence Creamer     28th September 2018 Black economic empowerment (BEE) consortium Off The Shelf Investments (OTS) confirmed on Friday that it had acquired Chevron South Africa (CSA) in a deal valued at $1-billion and financed by its technical and financial adviser, Glencore. CSA, which owns the Chevron refinery in Cape Town and the... 

Albemarle eyes future as pure-play lithium market leader

By: Reuters     28th September 2018 Albemarle Corp, the world's largest lithium producer, aims to eventually end its dependence on two smaller units to fund growth as global appetite surges for electric-powered vehicles and consumer goods, its chief executive said in an interview. Tesla and other automakers have helped make... 

Post-Mugabe policies raising expectations for Zim platinum-sector growth

By: Nadine James     28th September 2018 Amid Zimbabwe’s policy changes after former President Robert Mugabe’s removal in November 2017 and the subsequent air of expectation, the country’s platinum sector is poised for positive growth, if not for the challenges presented by the depressed global platinum market.  The Zimbabwe Geological... 

Local strides to hydrogen economy tempered by cost, industrialisation questions

By: Schalk Burger     27th September 2018 The use of platinum group metals-based fuel cells in electricity and mobility applications is expected to provide ample commercial opportunities for South Africa, in line with worldwide trends to decarbonise electricity generation and transport. However, the high cost of these technologies,... 

Base case confirms Gabanintha vanadium project fundamentals

By: Mariaan Webb     26th September 2018 An initial base case for the Gabanintha vanadium project, in the Murchison province of Western Australia, has indicated robust economics, with a net present value (NPV) ranging between $191-million and $2.37-billion, depending on pricing assumption. The upper-end of the NPV range is estimated at... 

Rare earth miner Lynas to face review in Malaysia - media

By: Reuters     24th September 2018 Australia-listed rare earths miner Lynas Corp said on Monday that reports an opponent of its refinery in Malaysia will head a government review of the plant "raise concerns", as its shares lost nearly a quarter of their value. Lynas is the only major miner outside China of the metallic elements,... 

On-The-Air (21/09/2018) 

By: Martin Creamer     21st September 2018 Japan is forecasting a massive market for fuel cells that use South African platinum; South African company Isondo this week reported that it is at the ready to produce fuel cell components locally; and Global commentators this week called on resource-rich African countries to use their wonderful... 

CNN-flighted advert projecting huge growth for platinum-using fuel cells

By: Martin Creamer     18th September 2018 French company Air Liquide, a member of the Davos-launched Hydrogen Council that includes platinum-mining company Anglo American, is currently flighting an advertisement on the global television network CNN, which forecasts exceptional growth for the hydrogen and fuel cell market. Quoting the... 

Engen operations in nine African countries transfer to Vivo Energy in March 2019

By: Marleny Arnoldi     18th September 2018 Oil company Engen Holdings’ operations in nine sub-Saharan African countries will be transferred to JSE-listed downstream petroleum company Vivo Energy on March 1, 2019. The $203.9-million transaction will see Vivo’s retail service station network expand from 15 to 23 countries in Africa,... 

First
Prev
1
2 3 4 5 6 7 8 9 Next Last

Latest News

more

Latest Videos

more

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Register Close