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EU decides against provisional duties on hot-rolled steel – sources

By: Reuters     29th March 2017 The European Commission has decided it will not impose provisional duties on hot-rolled steel from Brazil, Iran, Russia, Serbia and Ukraine, but could still find the countries have breached rules on unfair competition, industry sources said on Wednesday. The EU executive has a deadline of April 7... 

Nuclear energy essential to guard against climate change

By: Keith Campbell     29th March 2017 The world can only meet the target of restricting global warming to 2 °C by the end of this century by greatly increasing the use of nuclear power. So affirmed World Nuclear Association (WNA) director-general Agneta Rising in her address to the Nuclear Africa 2017 conference. She cited studies by... 

Reviving king of gold means getting mine workers off their knees

By: Bloomberg     24th March 2017 During his early years as a miner in South Africa, Joas Mahanuque spent six hours a day on his knees drilling for Impala Platinum Holdings Ltd. The dust-filled tunnels half a mile underground were too low for him to stand, and temperatures reached 105 degrees Fahrenheit (40 degrees Celsius).... 

India's oil, gas companies seek minimum floor price for natural gas

By: Ajoy K Das     24th March 2017 Oil and gas exploration and production (E&P) companies in India are seeking to have the natural gas pricing regime revised to allow for the setting of a minimum rate, as a sustained fall in prices is fast eroding the economic viability of operations. The E&P companies, in a communication with the... 

Proponents see glistening future in seabed mining, but environmentalists fret  

By: Megan van Wyngaardt     24th March 2017 With the current known mineral deposits on land increasingly being depleted globally, necessitating greater exploration, interest in deep-sea minerals is growing as mining companies look for future sources to exploit. “The ocean is where future resources exist,” India Council of Scientific and... 

South African in the Mars mix as race to the Red Planet heats up

By: Dylan Slater     24th March 2017 It is 2031 and the next space race has started with the launch of the largest-ever interplanetary space rocket and spaceship carrying four carefully selected astronauts on a mission to establish a human settlement on Mars – a planet that is about 225-million kilometres away. Heading for the... 

South African in the Mars mix as race to the Red Planet heats up 

By: Dylan Slater     24th March 2017 It is 2031 and the next space race has started with the launch of the largest-ever interplanetary space rocket and spaceship carrying four carefully selected astronauts on a mission to establish a human settlement on Mars – a planet that is, on average, 225-million km away.  

Russia's Alrosa expects 6% fall in first-quarter diamond sales

By: Reuters     22nd March 2017 Russian diamond miner Alrosa expects its first-quarter sales to be down 6% at $1.25-billion compared with a year ago, the state-controlled company said in a presentation for its investor day on Wednesday. Alrosa, the world's largest producer of rough diamonds, plans to increase diamond output to... 

DAFF to assist agricultural sector increase production  

By: Anine Kilian     17th March 2017 The Department of Agriculture, Forestry and Fisheries (DAFF) plans to boost agricultural production, which was severely affected by the drought in recent years. Addressing delegates at the Agricultural Research Symposium 2017 in Centurion, Gauteng, on Friday, Agriculture, Forestry and Fisheries... 

Smart projectors being used to enrich meetings and lessons

By: Schalk Burger     17th March 2017 Smart projectors that enable users to interact directly with the images and videos displayed are increasingly being used in commerce and education to make meetings and lessons rich and collaborative, says electronics multinational Epson Europe, Middle East, Africa and Russia Visual Instruments... 

Optimism on minerals seen seeping down to grassroots explorers

By: Henry Lazenby     15th March 2017 Noting the optimism exhibited at the recent Prospectors and Developers Association of Canada (PDAC) international convention, held in Toronto, project generator Transition Metals says the fundamental shift in confidence it saw over the past year is consistent with this. “If you look at the... 

Conference to broaden industry’s business opportunities and technology horizons

By: Simone Liedtke     10th March 2017 Owing to foundries in South Africa being isolated in their approach to problem solving, the South African Metal Casting Conference (MCC) will serve as a platform to broaden the industry’s horizons by showcasing new technologies, and providing opportunities for international and local foundry... 

Outgoing Barloworld CEO on surviving tough times and the group’s prospects 

By: David Oliveira     10th March 2017 JSE-listed Barloworld announced the appointment of new CEO Dominic Sewela, who replaced the outgoing Clive Thomson last month. Thomson was appointed in December 2006 and managed the South African industrial giant during some of the most challenging economic periods in recent history. 

MICROMINE Russia is proud to sponsor the finalists at the 2017 Case-In International Engineering Championships.

     8th March 2017 MICROMINE Russia announced they would be sponsoring an additional place at this year’s Case-In International Engineering Championships. The purpose of the Championship is to identify and support the most promising students in the fields of mining, electric power, exploration, metallurgy and oil... 

Russia appoints son of ex-Kremlin administration chief as Alrosa CEO

By: Reuters     6th March 2017 Russia has appointed Sergey Ivanov Jr, son of the former head of the Kremlin administration, as chief executive of State-controlled diamond miner Alrosa, the government said on Monday. Ivanov's candidacy to lead the world's largest diamond producer was supported by the finance ministry, sources... 

Titans of oil world meet in Houston after two-year price war

By: Reuters     6th March 2017 The biggest names in the oil world come together this week for the largest industry gathering since the end of a two-year price war that pitted Middle East exporters against the firms that drove the shale energy revolution in the United States. When Opec in November joined with several non-Opec... 

Multinationals to heed taxman’s further-reaching hand as transfer pricing disputes come to a head

By: Henry Lazenby     6th March 2017 With several Canadian miners embroiled in acrimonious standoffs with the Canadian Revenue Agency (CRA) regarding transfer pricing rules, mining companies will have to come to terms with increased levels of uncertainty in their tax profiles and will need to consider the impact of all changes, not... 

White House: Keystone XL can be made from non-US steel

By: Reuters     3rd March 2017 The Keystone XL oil pipeline does not need to be made from US steel, despite an executive order by President Donald Trump days after he took office requiring domestic steel in new pipelines, the White House said on Friday. "It's specific to new pipelines or those that are being repaired," White... 

Band-It flourishes in SA market due to novel applications and products

     3rd March 2017 The South African market continues to have unique applications for stainless steel band, buckle systems, preformed clamps, and cable tie products from Band-It, which means it continues to be an important growth area for the international OEM. Visiting local Band-It distributor, Banding &... 

Brexit set to change SA’s bilateral economic relationship with the UK 

By: Keith Campbell     3rd March 2017 Last month, during the debate regarding the 2017 State of the Nation address in Parliament, in Cape Town, Trade and Industry Minister Dr Rob Davies highlighted: “[A]s the UK government prepares to trigger exit negotiations from the EU (European Union), we need to prepare for a new trade... 

Brexit set to change SA’s bilateral economic relationship with the UK

By: Keith Campbell     3rd March 2017 Last month, during the debate regarding the 2017 State of the Nation Address in Parliament in Cape Town, Trade and Industry Minister Dr Rob Davies highlighted that “[a]s the UK Government prepares to trigger exit negotiations from the EU [European Union], we need to prepare for a new trade... 

SA’s nuclear build initiative now rolling

By: Kelvin Kemm     3rd March 2017 The South African nuclear power procurement programme is now rolling. The long-awaited formal start, as far as the international community is concerned, occurred on December 14, when a request for information (RfI) was issued.  What this document did was that it asked any company worldwide to... 

New minerals back idea of man-made epoch for Earth – study

By: Reuters     1st March 2017 Scientists have identified more than 200 minerals created as side-effects of human industries in a sign that mankind's imprint on the Earth is so deep that it marks a new geological epoch, a study said on Wednesday. Rare chemical combinations such as those found in mines, ore dumps or smelters... 

Russia's Evraz meets forecasts with 7% rise in 2016 core earnings

By: Reuters     1st March 2017 Russia's No.2 steelmaker Evraz said on Wednesday its core earnings rose 7% in 2016, benefiting from a rebound in steel prices and an improving domestic economy. The company's earnings before interest, taxation, depreciation and amortisation (Ebitda) totalled $1.54-billion, up from $1.44-billion... 

GM plans to sell stake in East African unit to Isuzu

By: Reuters     1st March 2017 General Motors Co on Tuesday said it plans to sell its majority ownership stake in General Motors East Africa to its Japanese partner Isuzu Motors Ltd, as the US carmaker continues to streamline by exiting non-core operations. Isuzu will acquire GM's 57.7% stake in the unit in Kenya, which... 

Largo qualifies vanadium product for aerospace industry

By: Henry Lazenby     28th February 2017 Strategic minerals producer Largo Resources has qualified the vanadium pentoxide product produced at its flagship Maracás Menchen mine, in Bahia, Brazil, for use by a major North American producer of master alloys for the aerospace industry. High-purity vanadium pentoxide is used in the... 

Aus gold production reaches 17-year high

     27th February 2017 Australian gold production rose to its highest levels since 1999 in 2016, at 298 t, gold mining specialist Surbiton Associates reported. Gold production in 2016 was worth some A$15-billion at the current gold price of A$1 600/oz, and was up 10 t, or 3.5% from 2015 production levels. During the... 

Russian nuclear deal places massive liability on South Africans 

By: News24Wire      27th February 2017 A nuclear agreement with Russia has far-reaching consequences for the budget the Western Cape High Court heard on Friday, as it places all liability for a nuclear accident on South Africa, while indemnifying Russia completely. David Unterhalter, SC, appearing for Earthlife Africa and the Southern... 

Air force base sends 60 cadets for training

     24th February 2017 From next year, the South Africa Air Force (SAAF) will send 60 cadets to a military academy in Saldanha in the Western Cape each year to pursue their first degree in their chosen fields. This will include future pilots, navigators, engineers, technicians and other support mustering. 

Climate change a 100% robust hoodwink 

By: Terry Mackenzie-hoy     24th February 2017   I had to explain to somebody that the United States in 1945 dropped two nuclear bombs on Japan. The first bomb was a uranium atom bomb. The second bomb was a plutonium bomb. Following the detonation of these devices USA, Britain, France, Russia developed programs to test bombs of increasing... 

Diplomatic doldrums for Pretoria?

By: Keith Campbell     24th February 2017 While much local media attention has been devoted to US President Donald Trump, there has been something that, from a South African perspective, was much more important. This was the outcome of the African Union summit at the end of January. This appears to have been pretty much a diplomatic... 

Nuclear deal – The calm before the storm? 

By: News24Wire      22nd February 2017 National Treasury’s 2017 Budget Review and Finance Minister Pravin Gordhan’s speech kept a wide berth from mentioning nuclear energy, following President Jacob Zuma’s cue in his 2017 State of the Nation Address.As anti-nuclear energy protesters chanted "no, no nuclear power" outside Parliament on... 

Foreign policy rows all about the changing balance of power  

By: Aubrey Matshiqi     17th February 2017 The year began with two rows on foreign policy. The first was about a visit to Taiwan by Solly Msimang in his capacity as the executive mayor of Tshwane. The second, which riled the African National Congress (ANC) even more, was about a visit to Israel by Democratic Alliance (DA) leader Mmusi... 

High-powered speakers lined up for Nuclear Africa

By: Kelvin Kemm     17th February 2017 South Africa’s nuclear programme has attracted a great deal of public interest. This has ranged from serious scientific and engineering interest to the emotional attacks of the extreme antinuclear lobby. The antinuclear crowd does not comprise South Africa only; there are Germans, Americans and... 

African and global airlines enjoyed strong passenger growth last year

By: Keith Campbell     17th February 2017 Last year, African airlines experienced their strongest year of passenger growth since 2012, the International Air Transport Association (IATA) has reported. Passenger numbers on international flights within, and to and from, the continent, measured in revenue passenger kilometres (RPKs),... 

Proposed Stillwater acquisition nets Sibanye ‘deal of the year’ award

By: Anine Kilian     16th February 2017 Precious metals miner Sibanye’s proposed R30-billion acquisition of US-based platinum group metals (PGMs) producer Stillwater Mining Company has won Ansarada DealMakers’ Deal of the Year award. “We are honoured to receive this award, which I believe recognises that the proposed acquisition of... 

Kinross narrows Q4 loss as margins rise

By: Henry Lazenby     16th February 2017 Canadian miner Kinross Gold has reported a smaller headline loss for the fourth quarter ended December 31, as margins expanded on the back of higher gold sales and prices. The Toronto-based company reported an adjusted net loss of $50.9-million, or $0.04 a share, for the three-month period,... 

Metalloinvest places an order with SMS Concast for the revamp of a continuous caster at Ural Steel

     15th February 2017 SMS Concast, a company of SMS group www.sms-group.com, has been awarded a contract by Metalloinvest, Russia, to modernize a four-strand continuous casting machine CCM-1 at metallurgical works “Ural Steel”. The aim of the upgrade is to enable the casting of round billets of 455 millimeters... 

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