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Topic - South America
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Feb 10, 2016
Potash developer Danakali would initiate a scoping study into potential sulphate of potash magnesia (SOP-M) production from its Colluli project, in Eritrea. The company said on Wednesday that it had produced high purity, chloride free SOP-M from the Colluli potash...
Feb 09, 2016
Plunging copper prices have pushed the copper industry into a quandary, with global demand deteriorating to an even worse extent than many people realise, Bernstein senior research analyst Paul Gait told delegates at the 2016 Investing in African Mining Indaba this...
Feb 08, 2016
South African Airways would like to notify its customers that the airline will continue to offer a daily service between Johannesburg and Sao Paolo in Brazil after the World Health Organization concluded there was no justification to impose a travel ban to Latin...
Feb 08, 2016
Bidvest CE Brian Joffe
South Africa's Bidvest Group Ltd on Monday said it plans to spin off and separately list its food business on the local stock exchange, beginning the industrial conglomerate's latest attempt to separate its biggest division. Bidvest, a sprawling company involved in...
Jan 29, 2016
NWK is implementing several actions to try and reduce the impact of the drought and help ensure the sustainability of producers. Possible additional options for supporting producers – like postponing production debt and/or the consolidation of producer debt – are...
Jan 29, 2016
The roll-out of fibre-to-the-curb (FTTC) promises to change the connectivity landscape of South Africa’s consumer and small-business markets, which have largely been neglected by the country’s prominent telecommunications companies, South African technology research...
Jan 29, 2016
The roll-out of fibre-to-the-curb (FTTC) promises to change the connectivity landscape of South Africa’s consumer and small-business markets, which have largely been neglected by the country’s prominent telecommunications companies, South African technology research...
Jan 29, 2016
POWERING INDUSTIES Power generation, transmission and distribution will come to the fore at Power Ex
Exhibitions organiser Specialised Exhibitions Montgomery will this year launch a new trade show entitled Power Ex, that will focus on power generation, transmission and distribution, application and renewable energy. “Power Ex is a premier showcase for the electric...
Jan 28, 2016
Jan 25, 2016
Jan 22, 2016
Jan 22, 2016
 
 
 
Jan 20, 2016
Coal changing hands.
A newly registered unlisted private Australian company, Batchfire Resources, is buying Anglo American’s Callide thermal coal mine in Queensland under confidential terms. Anglo said on Wednesday that it had agreed to sell 100% of its shares in the subsidiary...
Jan 20, 2016
Zambia plans to import maize from South America as drought is expected to cut the 2015/2016 maize crop by a third, local media reported on Wednesday. "The government is looking for possibilities of importing maize from South America as the entire region does not have...
Jan 15, 2016
In 2015, one-ton bakkie buyers in South Africa could select their wheels from a handful of brands, mostly Japanese. Think Toyota Hilux, Mitsubishi Triton, Isuzu KB, Mazda BT-50 and Nissan NP300. In the next four years, however, another six pick-ups may be added to...
Jan 15, 2016
Gold miner B2Gold has struck an earn-in accord with uranium-focused project developer Forsys Metals to earn a 100% interest in the Ondundu gold project, in Namibia. B2Gold, which has a portfolio of projects in Africa, South America and the Philippines, started...
Jan 15, 2016
In 2015, one-ton bakkie buyers in South Africa could select their wheels from a handful of brands, mostly Japanese. Think Toyota Hilux, Mitsubishi Triton, Isuzu KB, Mazda BT-50 and Nissan NP300. In the next four years, however, another six pickups may be added to the...
Jan 12, 2016
The number of foreign visitors to South Africa increased by 7.6% year-on-year over the festive season to some two-million between December 1 and January 7, according to figures released by the Department of Home Affairs (DHA) on Tuesday. Addressing a media briefing...
Jan 12, 2016
Mining's mess exemplified by this slimes dam disaster in Brazil.
Global mining stocks have lost $1.4-trillion since 2011, more than the combined value of Apple, Exxon Mobil and Alphabet Inc, according to Bloomberg Business, which reports that its world mining index has dropped to an 11-year low. The market capitalisation of...
Jan 07, 2016
South African new-vehicle sales declined by 4.1% in 2015 compared with 2014. This follows a 0.7% drop in 2014 compared with 2013. Unaudited data released by the Department of Trade and Industry showed that South African new-vehicle sales decreased to 617 927 units in...
Dec 10, 2015
In response to deteriorating market conditions, US diversified miner Freeport-McMoRan (FCX) on Wednesday again cut its capital spending plans for its oil and gas division, while also announcing more curtailments in copper and molybdenum output, while it suspended its...
Dec 08, 2015
Mark Cutifani
The share price of Anglo American fell by more than 12% on Tuesday after the diversified major set out radical portfolio restructuring, further material cost savings, more capital expenditure (capex) reductions, a reduction of the total number of employees to 50 000...
 
 
 
 
Dec 02, 2015
South Africa continues to hold its own against its international peers in terms of its tax regime and culture, emerging twentieth overall out of 189 economies polled as part of professional services firm PwC and the World Bank’s ‘Paying Taxes: 2016’ report. While...
Nov 27, 2015
As a strategic, expansion step to increase its specialist skills as a fully integrated physical asset management service provider, Pragma has acquired a majority share in condition monitoring specialists, Martec. Founded in 1990, Pragma delivers integrated physical...
Nov 27, 2015
TRAPPING DUST PowerCore technology was integral to the success of the South African Toyota Imperial team, which competed in the 2015 Dakar Rally
Integrated filtration solutions supplier Donaldson Filtration Solutions will manufacture its PowerCore dust collectors at its facility in Alrode, Johannesburg, South Africa in 2016. PowerCore technology is currently imported from Europe where it has been available to...
Nov 25, 2015
Specialised Exhibitions Montgomery has announced the launch of its new trade show Power Ex that will focus on power generation, transmission and distribution, application and renewable energy. Power Ex is a premier showcase for the electric power and energy sectors...
Nov 25, 2015
Nov 25, 2015
This year will be the hottest on record and 2016 could be hotter due to the El Niño weather pattern, the World Meteorological Organization said on Wednesday, warning inaction on climate change could see temperatures rise by 6 degrees Celsius or more. But decisions...
Nov 21, 2015
The global coal industry has contracted for the first time in 21 years, as slowing growth in certain significant markets weighed on the industry’s outlook, the US Energy Information Administration (EIA) has found. According to an EIA report, global trade of coal grew...
Nov 18, 2015
South32's first annual general meeting
Diversified mining company South32, which was spun out of BHP Billiton earlier this year, is reviewing its tailings dam risk in the light of the collapse that killed 11 and displaced 600 at Samarco, the iron-ore mine in Brazil owned jointly by BHP Billiton and Vale....
Nov 17, 2015
Only three months after its formation on August 19, financial technology (fintech) investment group M-FiTEC International has listed on the JSE’s AltX, under the board’s specially designated special purpose acquisition company (Spac), through which it planned to...
Nov 10, 2015
Tau Tona gold mine
The South African mines of AngloGold Ashanti, once the pride of the company, have slumped into ‘outlier’ status as strongly performing lower-cost international operations show them up as laggards. While AngloGold’s West Wits mines in South Africa had third-quarter...
 
 
 
 
Nov 09, 2015
AngloGold CEO Srinivasan Venkatakrishnan
Gold-mining company AngloGold Ashanti beat cost and overall production guidance in the three months to September 30, but fatalities and safety stoppages lowered South African output. “We had a very bad quarter on safety in South Africa,” AngloGold CEO Srinivasan...
Oct 30, 2015
Small South African defence company Twiga Services has recently started sea trials with its latest product, an 8.5 m long military patrol boat. Manufactured out of high density polyethylene (better known as HDPE) it is designated the Rugged 850 Military Patrol Boat...
Oct 29, 2015
Aim-listed Goldplat has reported “robust” gold production of 9 581 oz for the quarter ended September 30, pointing to stability across its South African, Ghanaian and Kenyan gold operations that has returned the company to profitability. Goldplat’s South Africa-based...
Oct 22, 2015
Diversified miner Anglo American has lowered its forecast diamond production for the full year to 29-million carats. At the start of the year, it had expected diamond production of between 32-million and 34-million carats, following the 31.2-million and 32.6-million...
Oct 12, 2015
Diversified major Glencore has announced plans to offload its wholly-owned Cobar copper mine, in Australia, and Lomas Bayas copper mine in Chile, following the receipt of a number of unsolicited expressions of interest for these mines from various potential buyers,...
Oct 09, 2015
Diversified major Glencore has revealed plans to cut back on its production of zinc across its portfolio in Australia, South America and Kazakhstan, saying a 500 000 t/y output reduction would preserve the value of its reserves in the ground at a time of low zinc and...
Oct 09, 2015
It took all of 85 minutes and 31 seconds for Japan to inflict South Africa’s first loss in its opening game of the 2015 Rugby Union World Cup (RWC) – 34-32. Prior to the game, South Africa had played in 29 RWC matches, with 25 wins, or 86.2%, which is the highest...
Oct 02, 2015
South African company Saab Grintek Defence is currently actively marketing its BattleTek military command and control (C2) simulation system to a number of African countries as well as to two in South East Asia and two in South America. “The local capability we’ve...
Sep 30, 2015
No further fees to be paid to the directors of Canadian uranium explorer U3O8 Corp until market conditions have improved, as its board has waived director fees and agreed to a recommendation from management to waive a portion of salaries deferred in 2014 and the...
Sep 29, 2015
International technology group Siemens has placed the emerging growth markets of Africa, South America and Asia at the centre of its strategy to encourage the early adoption of automation and digitalisation in the beer brewing industry, contending that brewery...
 
 
 
 
Sep 28, 2015
JSE-listed drilling services provider Master Drilling has declared a 22.9% jump in headline earnings from 61c to 75c for the six months ended June 30. At its results presentation in Johannesburg on Monday, the group also noted a profit of $10.4-million, up by 11%,...
Sep 18, 2015
The beckoning affordability and accessibility of energy technologies that provide alternative means of energy have resulted in an increase of over 35% in sustainable energy use in developing countries between 2013 and 2014, says energy solutions provider Energy...
Sep 15, 2015
A Kentucky limestone quarry is to be sold in a sealed bid auction in November, representing the region’s last fully zoned and nearly fully permitted quarry for mining high-calcium limestone or scrubber stone. The project, spanning 178 ha, was expected to provide the...
Sep 11, 2015
The National Association of Automobile Manufacturers of South Africa (Naamsa) has cut its forecast for new-vehicle sales for the year by 32 500 units. In its second quarter review of business conditions in the domestic automotive market, published this week, Naamsa...
Sep 09, 2015
Yokogawa Electric Corporation announces that its subsidiary, Yokogawa America do Sul, has received an order from AREVA Renewables Brazil, a subsidiary of the French firm AREVA SA, to deliver a control system for a biomass power plant that will be the largest facility...
 
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