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US seeks to boost output of 35 minerals, reduce import reliance

By: Reuters     17th February 2018 The United States should boost domestic production of 35 critical minerals including uranium, cobalt and lithium, to reduce its reliance on foreign suppliers, the Interior Department said on Friday. Aluminium and potash are also on the draft list of 35 critical materials used in basic... 

Sound policy, low risk key to attracting mining investment

By: Henry Lazenby     16th February 2018 Gobal equity markets have been extremely volatile in recent weeks, extending a frantic sell-off of US stocks, which culminated in the steepest plunge for the Dow Jones Industrial Average in six-and-a-half years. While commodities were not spared from the rout, American multinational investment... 

Drones offer inspection and maintenance benefits for built environment

By: Dylan Slater     16th February 2018 Remotely piloted aircraft systems (RPASes) offer a cost-effective and safe mechanism, with significant benefits, for the built environment sector, especially in terms of inspection and maintenance, according to enterprise applications company Softworx MD Jane Thomson.  

Newly expanded Joburg data centre to serve cloud demand in SA

By: Schalk Burger     16th February 2018 Africa Data Centres, part of pan-African telecoms group Liquid Telecom, has expanded its Midrand-based data centre to a 7 MW, 3 000 m2 carrier-neutral facility to better serve demand for cloud and co-location services in Southern Africa, says Liquid Telecom group CTO Ben Roberts. It has also... 

M&R committed to deliver sub-Saharan power and water prospects as mega-project era draws to close 

By: Creamer Media Reporter      14th February 2018 The Power & Water business platform within JSE-listed engineering and construction group Murray & Roberts (M&R) is beginning to shift its attention from Eskom’s two megascale power station projects, in Limpopo and Mpumalanga respectively, to tackling a range of smaller opportunities in various... 

Trump weighs tariffs, quotas on US steel, aluminium imports

By: Reuters     14th February 2018 US President Donald Trump said on Tuesday he was considering a range of options to address steel and aluminium imports that he said were unfairly hurting US producers, including tariffs and quotas. Trump's comments - his strongest signal in months that he will take at least some action to... 

Tahoe burnishes CSR profile in undertaking to develop indigenous peoples policy

By: Henry Lazenby     14th February 2018 Embattled Canadian miner Tahoe Resources has given itself until the end of the year to formalise a comprehensive new indigenous peoples policy as it deals with community protests in Guatemala, that has shuttered operations at its flagship Escobal silver mine for months. The policy is aimed at... 

Botswana Diamonds starts exploration work at Botswana JV, maintains exploration optimism

By: Mia Breytenbach     13th February 2018 Aim-listed Botswana Diamonds has started exploration work on the Sunland Minerals joint venture (JV), which it shares with Russian diamond producer Alrosa, in Botswana. The objective of the exploration programme is to follow up on 15 previously identified priority geophysical targets in PL232-235... 

WSP to develop 330 kV Zambia-DRC electricity transmission line

By: Dylan Slater     13th February 2018 The Southern African Power Pool has appointed UK-based engineering consultancy WSP to develop a proposed 330 kV electricity interconnector between Zambia and the Democratic Republic of Congo (DRC).  

Trump to meet US lawmakers to discuss trade, focus on steel and aluminium

By: Reuters     13th February 2018 US President Donald Trump will meet with a bipartisan group of lawmakers on Tuesday to discuss trade matters, as he ponders whether to takes steps to limit steel and aluminium imports seen as damaging to US businesses. A month ago the Commerce Department handed Trump the results of its... 

Turkey grants Centerra Gold project tax benefits

By: Mariaan Webb     12th February 2018 The Turkish Ministry of Economy has approved an investment incentive certificate for Canadian miner Centerra Gold’s Oksüt project. The certificate provides tax related advantages such as a decrease of corporate income tax rate from 20% to 2%, VAT and customs duty exemptions, and government... 

Gemfields transparent, proactive in rebutting rights allegations

By: Martin Creamer     12th February 2018 Coloured gemstones company Gemfields has been transparently proactive in rebutting claims of human rights abuses in Mozambique, where it mines rubies. "We've voluntarily elected to issue this statement," Gemfields, headed by CEO Sean Gilbertson, commented in a release on Monday about UK-based law... 

Jasco delivers weaker H1 results

By: Natasha Odendaal     12th February 2018 JSE-listed Jasco Electronics on Monday posted weaker first-half financial results as the company faces tough market conditions. For the six months ended December 31, Jasco reported an 81% decline in headline earnings per share (HEPS) to 1.2c and a fall of 68% in earnings per share (EPS) to 2c. 

MyCiTi commuters to bear brunt of attacks on bus stations

By: News24Wire      12th February 2018 The City of Cape Town has condemned what it termed "orchestrated attacks" by protesters on two MyCiTi bus stations. Brett Herron, Mayoral Committee Member for Transport and Urban Development, said the attacks on the MyCiTi bus stations would cause major inconveniences to commuters. 

Cameco's 2017 headline earnings dive 59%; contracting to remain 'discretionary' in 2018

By: Henry Lazenby     9th February 2018 Long-term contracting, which is usually borne out of the requirement for power utilities to secure long-term uranium supplies, is not expected to see an uptick in 2018, as the market remains awash with too much uranium, Canada's Cameco said on Friday. In 2017, excess uranium supply continued to... 

Dedicated unit set up to combat crime on Cape Town trains

By: African News Agency      9th February 2018 The City of Cape Town, the Passenger Rail Agency of South Africa (PRASA), and the Western Cape Government on Friday agreed to establish a dedicated unit to secure the safety of Metrorail commuters and key infrastructure. Metrorail's Central Line, which serves largely poor and working class... 

Donald Trump’s gratuitous slur

By: Martin Zhuwakinyu     9th February 2018 A few weeks ago, US President Donald Trump was at it once again, using vulgar language to disparage the home countries of African, Haitian and El Salvadorian immigrants. As is his wont, he subsequently denied ever uttering the offensive remarks. Last week, he issued a statement full of praise for... 

Global aeronautics body promoting networking among young researchers

By: Rebecca Campbell     9th February 2018 The International Forum for Aviation Research (IFAR) is seeking to develop international interactions between young professionals working in both technical and non-technical areas of aviation research around the world. This initiative is described as “early career networking” and is a focus area... 

Ransomware attacks among major cybersecurity risks for industrial companies

By: Schalk Burger     9th February 2018 Ransomware attacks and targeted attacks will continue to be major cybersecurity risks for industrial companies this year, as well as the continued rise of targeted fraud attacks on industrial companies, says cybersecurity multinational Kaspersky Lab industrial control systems (ICS) computer... 

Hyundai and Cisco collaboration to disrupt automotive industry

     9th February 2018 Automotive manufacturer Hyundai Motor Company and technology conglomerate Cisco Systems have revealed a new technology roadmap that will enable next-generation in-vehicle networking with security. Additionally, the companies have shared their timelines for commercial deployment of... 

New payment infrastructure designed to meet modern financial demands

By: Schalk Burger     9th February 2018 A new payment architecture and infrastructure is being designed to provide the transactional capabilities necessary to allow for new and faster financial services, says South Africa-based automated payments clearing house BankservAfrica CEO Chris Hamilton. BankservAfrica has renewed its... 

Water department seeking partnerships to strengthen policy environment

By: Dylan Slater     9th February 2018 The Department of Water and Sanitation (DWS) has reiterated that it is seeking partnerships with the public and private sectors, as well as civil society, to strengthen the current water and sanitation policy environment, said Minister Nomvula Mokonyane, during the Water Infrastructure Investment... 

Smart city initiatives must be ‘part of long-term vision’ – Huawei

By: Schalk Burger     9th February 2018 Using information and communication technologies, and more broadly digital technologies, in cities must be part of long-term, sustained transformative visions to ensure that a city and its systems improve over time, says Huawei Enterprise Government and Public Utility Sector VP Edwin Diender.... 

Aluminium foil makers say US devastated by cheap China imports

By: Bloomberg     8th February 2018 US producers of aluminium foil said cheap imports from China have devastated the American industry, making it imperative for the US to impose duties on Chinese shipments. 

Transnet to lease rolling stock to Zambia Railways

By: Reuters     8th February 2018 South African logistics firm Transnet will lease locomotives and wagons to Zambia Railways to boost its capacity to handle bulk cargo, Zambia Railways' CEO said on Thursday. Zambia Railways CEO Christopher Musonda said Transnet had agreed to lease eight locomotives and 600 wagons to the Zambian... 

Thousands of train commuters still stranded in Cape Town

By: News24Wire      8th February 2018 Tens of thousands of commuters who use Cape Town's central line are still waiting for Metrorail to say when the train service, suspended since January 8, will be restored. Meanwhile commuters on the northern line were greeted by a filthy toilet this week, according to a GroundUp report.The... 

Rio Tinto confident US will treat Canada differently on trade

By: Bloomberg     8th February 2018 The head of Rio Tinto Group’s aluminium division is confident the Trump administration will recognize that Canada must be viewed differently when considering import tariffs on the metal and in Nafta talks. “There’s a clear recognition of the strategic importance of the Canadian industry to the... 

New dawn for platinum mining – Robert Friedland

By: Martin Creamer     7th February 2018 New cars being produced in Japan have platinum- and copper-intensive fuel cell drives that outdo battery-powered electric vehicles (EVs) in cold climates as the EV batteries drain when the heaters are switched on, Ivanhoe Mines executive chairperson and founder Robert Friedland said on Wednesday.... 

Smec develops master plan for Uganda oil and gas industrial park

By: Anine Kilian     7th February 2018 Global consulting engineering firm Smec has been asked by the Uganda Ministry of Energy and Mineral Development to develop a master plan for a proposed oil and gas industrial park, in Kabaale, western Uganda. Owing to the discovery of oil in the region, and the need to maximise value from the... 

Experts call for national war room to tackle mounting water issues

By: Dylan Slater     7th February 2018 Water expert and environmental adviser Dr Anthony Turton and infrastructure development company Accentuate CEO Fred Platt have proposed that a national war room be established to begin implementing strategic steps that are required to deal with South Africa’s mounting water scarcity challenges.... 

Land Bank launches climate change adaptation funding facility for farmers

By: Anine Kilian     7th February 2018 The Land and Agricultural Development Bank (Land Bank) on Wednesday announced the start of a new funding facility geared towards the support of climate change adaptation and mitigation projects. The €50-million facility, secured through the European Investment Bank (EIB), is set to strengthen the... 

No special Cabinet meeting called by Zuma – Presidency

By: News24Wire      6th February 2018 The Presidency has denied reports that a special Cabinet meeting was called by President Jacob Zuma in Parliament on Tuesday. Speculation was rife that Zuma had called a meeting of his Cabinet, just two days before possibly his last State of the Nation Address. 

EU steel sector sees demand growth in 2018, import threat

By: Reuters     6th February 2018 European steel demand is set to rise in 2018 with continued strength in most steel-using sectors, European steel association Eurofer said on Tuesday, while warning of a threat of rising imports. Apparent steel consumption, which excludes the impact of inventory changes, is set to rise by 1.9% in... 

MAXAM presents its most innovative solutions for blasting in mines, quarries and infrastructure projects at Mining Indaba

     6th February 2018 Its stand includes an innovation corner presenting the technological developments that complement its portfolio to offer customised solutions to its customers. Schalk Burger, Head of Business Development in Africa, will speak about the company's capabilities in the continent and its design and... 

Hudaco profit rises in FY17  

By: Anine Kilian     2nd February 2018 JSE-listed Hudaco on Friday reported a 7% increase in sales to R5.9-billion for the financial year ended November 30, 2017, while operating profit rose 6% to R676-million. CEO Graham Dunford told Engineering News Online on Friday that comparable earnings a share were up by 7% to 1 251c, while... 

Streaming, royalty agreements novel alternative funding structures for coal juniors

By: Mia Breytenbach     2nd February 2018 Streaming and royalty agreements are novel financing structures that are useful in medium-risk environments, says legal services provider Strata Legal director Brandon Irsigler. Speaking at the IHS Markit South African Coal Export Conference, in Cape Town, on Friday, he highlighted royalty and... 

Eurasia impressed by speed that Monchetundra application is progressing

By: Mariaan Webb     2nd February 2018 The Russian federal commission on suboil use, Rosnedra, has completed its review of the Monchetundra application, approving a draft of the mining permit for the platinum and palladium project on the Kola Peninsula, London-listed Eurasia reported on Friday. The application for a mining permit was... 

R3.5bn empowerment venture fund to be launched in auto sector this year

By: Irma Venter     2nd February 2018 South Africa’s seven light vehicle manufacturers plan to launch a R3.5-billion venture fund this year, aimed at boosting black economic empowerment in the domestic automotive manufacturing industry. The seven manufacturers are BMW, Ford, Toyota, Mercedes-Benz, Isuzu, Nissan and Volkswagen. They... 

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