http://www.engineeringnews.co.za
R/€ = 15.71 Change: 0.06
R/$ = 14.29 Change: 0.07
Au 1321.33 $/oz Change: 1.37
Pt 1095.00 $/oz Change: 1.50
 

Topic

Australian mining group denies iron-ore being dumped in China

By: Reuters     Updated 2 hours 51 minutes ago A leading mining group in Australia on Wednesday denied allegations by Chinese iron-ore miners that Australian counterparts were dumping ore at cheap prices to push them out. "Australian iron-ore producers do not engage in dumping of their product," the Minerals Council of Australia said in... 

Advantage, Nevada Sunrise to drill for lithium

By: Megan van Wyngaardt     26th July 2016 TSX-listed lithium project developer Advantage Lithium on Monday reported that its exploration partner Nevada Sunrise Gold Corp had received drill permits for three lithium brine projects in Nevada. The Jackson Wash, Clayton NE and Gemini Lithium projects are three of five projects included in... 

AngloGold swings to H1 profit amid higher gold price, weaker currencies

By: Creamer Media Reporter      22nd July 2016 A higher gold price and weaker currencies have contributed to AngloGold Ashanti swinging back into profit for the six months ended June 30. The gold miner, led by CEO Srinivasan Venkatakrishnan, expects to report headline earnings of between $87-million and $99-million and headline earnings a... 

Manufacturers to exploit emerging automotive markets

By: Nadine James     22nd July 2016 Original-equipment manufacturers (OEMs) are aiming to expand their client bases and establish automotive manufacturing facilities in emerging market economies, owing to the current saturation in European and US automotive markets, says auditing and consulting firm KPMG. KPMG industrial and... 

MTN Nigeria wins 2.6 GHz auction, commits to continued investments in Nigeria’s broadband infrastructure

     20th July 2016 The Nigerian Communications Commission has declared MTN as winner of its latest auction for a ten-year frequency spectrum licence for the 2.6GHz band, which guarantees superior performance for wireless networks, especially 4G LTE services. The NCC had earlier confirmed that ‎MTN's bid was in full... 

Weld Backing Tape™ for Weld Purging

     19th July 2016 It is important when welding metals such as stainless steel, titanium and zirconium that the welding zone is purged of oxygen even as low as 10 parts per million (ppm) before, during and immediately after welding, in order to achieve a clean, oxide free, zero colour weld. During a recent trip to... 

Great Panther full-year guidance remains unchanged

By: Megan van Wyngaardt     15th July 2016 TSX-listed silver mining and exploration company Great Panther Silver expects its rate of production to remain the same for the rest of the year, following comparatively flat consolidated metal production in preceding quarters. The South America-focused miner currently mines precious metals from... 

Troy to adjust Karouni’s 2016 production guidance

By: Mariaan Webb     13th July 2016 ASX-listed Troy Resources reported on Wednesday that it would adjust its 2016 production guidance at the Karouni mine, in Guyana, after disruptions to the mill and ongoing processing difficulties hindered its June quarter performance. Troy said progress to advance the Smarts pit into fresh rock... 

Sustainability of African airports in the balance as air transport requirements increase

By: Dylan Slater     8th July 2016 The sustainability of air transportation in Africa is in the spotlight, with development in key areas requiring attention, according to the Airports Company South Africa (Acsa).  

‘Generating’ powerful safety: Vital Engineering completes largest grating and handrail supply contract in Africa on Medupi and Kusile power stations

     1st July 2016 Vital Engineering, a company dedicated to ensuring optimum human resource safety on site, has been closely involved in Eskom’s power generation projects, Medupi and Kusile. An established manufacturer of safety handrails, floor gratings and expanded metals, the company has supplied bespoke... 

Advances in energy-storage technology, burgeoning electric car market driving lithium and graphite uptake

By: Mia Breytenbach     1st July 2016 Advances in energy-storage technology and rising demand for batteries from the global electric vehicle (EV) market are driving the need for technology minerals – such as lithium and graphite – which are increasingly used in lithium-ion batteries. The sectors mining these industries are “young and... 

Bell spreads its dealer footprint across South America

     28th June 2016 The appointment of three new dealers in South America in recent months has positioned South African heavy equipment manufacturer and Articulated Dump Truck specialist, Bell Equipment, to expand its footprint and market share on the continent. Raico SA and Seijiro Yazawa Iwai, two Liebherr... 

Aura sees multimillion-ounce gold potential in Mauritania

By: Mariaan Webb     27th June 2016 Australian junior Aura Energy on Monday announced that it had secured rights to acquire two exploration permits in Mauritania, which were along strike from Canadian firm Kinross’ major Tasiast gold mine. Aura chairperson Peter Reeve said that the company’s technical team, which was well... 

DPI Plastics racks up orders in large-bore water infrastructure projects

     24th June 2016 DPI Plastics has already racked up two major orders for its new 630 mm Class 16 mPVC pipe, which it is now capable of manufacturing at its Roodekop factory. Technical and product manager Renier Snyman explains that this represents the latest addition to the 630 mm diameter range from DPI... 

$5m equipment for Zim small-scale gold miners

By: Oscar Nkala     24th June 2016 Chinese-made mining equipment worth $5-million is to be delivered to small-scale gold miners in Zimbabwe by the end of August as the first consignment of a much bigger deal that has been in abeyance since 2012, owing to failure by the Southern African country to guarantee a loan from the China... 

Company’s new design opens more doors for pipe manufacturers

By: Sascha Solomons     24th June 2016 Amid government spend on big water projects and the ongoing, urgent need for water infrastructure development, pipes manufacturer DPI Plastics’ latest addition to its existing 630-mm-diameter range, the new 630 Class 16 modified polyvinyl chloride (mPVC) pipe, has enabled the company to make... 

Analyst urges caution as lithium excites and pitfalls multiply 

By: Simon Rees     23rd June 2016 Lithium’s prospects are bright as demand from the battery sector is surging and observers believe it will only get better as more electric vehicles (EV) are produced and new energy storage solutions arise, such as Tesla’s Powerwall technology. Indeed, prices had marched higher, while... 

ABB inaugurates microgrid in South Africa, boosting renewables and power reliability

     23rd June 2016 Zurich, Switzerland, June 8, 2016 – Innovative solar-diesel solution provides continuity of power supply for ABB’s premises in Johannesburg and helps reduce carbon emissions ABB today commissioned an integrated solar-diesel microgrid installation at its 96,000 square meter Longmeadow facility in... 

Average capex overrun for mining companies hits 37% – EDC study

By: Simon Rees     20th June 2016 The average cost overrun for mining projects studied by Export Development Canada (EDC) has reached 37% over the capital expenditure (capex) budgeted, EDC managing principal Tin Lwin told an audience at a recent meeting of the Canadian Institute of Mining’s Management and Economics Society in... 

As lithium demand rises, investors sharpen focus on Chile, Argentina and Bolivia

By: Henry Lazenby     14th June 2016 In line with the breakneck growth in lithium demand, driven by the unprecedented use of the soft, silver-white metal in new battery technologies, investors are increasingly scrutinising South American countries such as Bolivia, Chile and Argentina, where about 70% of the world’s known lithium... 

International companies view Johannesburg show as gateway to Southern Africa

     9th June 2016 Hundreds of companies have confirmed their arrival in Johannesburg seeking new distribution deals with retailers and entrepreneurs as part of this year’s South African International Trade Exhibition (SAITEX). SAITEX 2016, which takes place from June 19 to 21 at the the Gallagher Convention... 

Paynes plans Austria lithium acquisition, Global takes option on US project

By: Mariaan Webb     3rd June 2016 Australia’s Paynes Find Gold said on Friday that it would ask shareholders to approve a capital raising for between A$6-million and A$9-million for the acquisition of a lithium project in Austria. ASX-listed Paynes reported that it had completed a due diligence on the acquisition of European... 

New-vehicle prices poised to rise sharply

By: Irma Venter     3rd June 2016 Consumers should brace themselves for a sharp increase in new-vehicle prices. Rand weakness will probably see new-vehicle prices increase by between 12% and 15% – or more – in 2016, says the National Association of Automobile Manufacturers of South Africa (Naamsa) in its first quarter business... 

Disused Saldanha quarry emerging as new liquid petroleum gas hub 

By: Dylan Slater     27th May 2016 A liquid petroleum gas (LPG) terminal and import infrastructure is being constructed by energy infrastructure company Sunrise Energy in Saldanha Bay, in the Western Cape, to curb historical LPG shortages and meet potential future requirements for gas-fired power plants and other industrial energy... 

Disused Saldanha quarry emerging as new liquid petroleum gas hub

By: Dylan Slater     27th May 2016 A liquid petroleum gas (LPG) terminal and import infrastructure are being constructed by energy infrastructure company Sunrise Energy, in Saldanha Bay, in the Western Cape, to curb historical LPG shortages and meet potential future requirements for gas-fired power plants and other industrial... 

Ascendis Health acquires two European firms for R7.3bn

By: Creamer Media Reporter      24th May 2016 As part of its international growth strategy, JSE-listed Ascendis Health has acquired two major European health and care businesses, Remedica Holdings and Scitec International, for a combined R7.3-billion. “Our strategy is to complement growth in the domestic health and care market through... 

Global steel production down 0.5% y/y in April

By: Samantha Herbst     23rd May 2016 Despite clawing its way back in recent months from a brief slump in January and February, global crude steel production fell 0.5% year-on-year to 135-million tonnes in April, according to the World Steel Association’s (worldsteel’s) crude steel production report for April. South America was... 

South Atlantic Cable System, Angola and Brazil

By: Sheila Barradas     20th May 2016 The project involves the construction of the world’s first submarine cable system across the South Atlantic. 

Upbeat Corsa Coal narrows Q1 net loss as prices rise

By: Henry Lazenby     19th May 2016 US coal producer Corsa Coal has narrowed its first-quarter net loss to $8.29-million, up from a loss of $25.62-million in the comparable quarter ended March 31 a year earlier, despite falling sales and revenues. The company believed that January marked a 12-year bottom for metallurgical coal... 

Australia’s GB Energy to acquire lithium project in Namibia

By: Samantha Herbst     19th May 2016 In line with its strategy of targeting minerals critical for the future of the energy environment, ASX-listed GB Energy has entered into an option agreement with an unnamed South African company which, if exercised, provides the GB Energy with the right to acquire a 70% stake in Namibia’s... 

New-car prices to jump by around 15% this year – Naamsa

     11th May 2016 Consumers should brace themselves for a sharp increase in new-vehicle prices. Rand weakness would probably see new-vehicle prices increase by between 12% and 15% – or more – in 2016, said the National Association of Automobile Manufacturers of South Africa (Naamsa) in its first quarter business... 

South East Asia venture 'part and parcel' of Denel’s growth strategy

By: Samantha Herbst     11th May 2016 Continuing to defend its joint venture (JV) with steel manufacturing group VR Laser Services to establish Denel Asia, State-owned defence industrial group Denel told the Portfolio Committee on Public Enterprises in Parliament on Wednesday that its decision to extend its business footprint in... 

Denel’s Venture In South East Asia Forms Part Of Global Growth Strategy

     11th May 2016 Denel is increasingly looking at export sales including in the rapidly-expanding Asia-Pacific region -- in terms of its mandate to create a financially self-sustainable defence business, Mr Odwa Mhlwana, acting Group Chief Financial Officer, told the Portfolio Committee on Public Enterprises in... 

March air freight volumes drop by 2%

By: Samantha Herbst     5th May 2016 Global air freight volumes saw a 2% year-on-year drop in March, reflecting subdued growth in world trade, according to demand growth data released by the International Air Transport Association (Iata). This decline was exaggerated by the quarter’s comparison with a particularly strong start in... 

Glencore cuts supply cloth to fit demand coat

By: Martin Creamer     4th May 2016 The mix of mining and marketing within the same company provides sensitivity to commodity price falls. Continually highlighting the value of the mining-marketing mix is Glencore, which is quick to respond to market changes. 

Freeport loss doubles as low prices bite

By: Henry Lazenby     26th April 2016 US diversified miner Freeport McMoRan has booked a $3.8-billion write-down of the carrying value of its oil and gas properties, on the back of lower West Texas Intermediate prices. The company reported a net loss attributable to common stock totalling $4.2-billion, or $3.35 a share, for... 

Versatile Vinyl In The “Sport-Light” At 2016 Olympic Games

     21st April 2016 Flexibility, versatility and recyclability of vinyl takes center stage during the biggest sporting event taking place in Rio de Janeiro, South America, later this year During the next few months, the 2016 Olympic Games will once again be on everybody’s lips when the much anticipated event takes... 

Chile project a golden opportunity for Kingsgate

By: Esmarie Swanepoel     14th April 2016 A prefeasibility study (PFS) into the Nueva Esperanza gold project, in Chile, has indicated that the project could deliver an average 91 000 oz of gold equivalent ounces, over a mine life of nearly 12 years. Gold miner Kingsgate Consolidated noted that mine plan optimisation meant that the... 

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
Subscribe Now for $119 Close