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Topic - South America
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May 29, 2015
One of US uranium producer and project developer Uranium Energy Corp’s (UEC’s) Paraguay projects has advanced from the exploration phase to the exploitation phase, making it only the third project to enter the exploitation phase since the current mining law was...
May 29, 2015
A Japanese government drive to secure access to resources in Africa has sputtered as some companies shy away from investing due to slumping commodity prices and worries over political stability, helping China as it races to import raw materials from the continent....
May 27, 2015
Canadian mineral processing firm Inca One has started trading on the Santiago Stock Exchange, Venture (SSEV) market, giving it access to the Latin American Integrated Market (MILA), Latin America’s largest stock-trading platform. “Listing on the SSEV and giving Inca...
May 22, 2015
Uranium explorer U3O8 Corp has appointed well-known institutional investor David Franklin to its board with immediate effect. Franklin brought to the board a proven record of mining investment experience that would help U3O8 Corp expand its investor reach and...
May 22, 2015
South Africa’s crude steel production dropped by a sizeable 17.2% year-on-year to an estimated 530 000 t in April, amplifying a global trend that saw world steel production decline by a comparatively marginal 1.7% to 135-million tons in the fourth month of the year....
May 20, 2015
Triple-listed gold producer B2Gold has secured a new $350-million revolving credit facility (RCF) with a syndicate of international banks to repay its existing $200-million RCF, of which $125-million had been drawn as at March 31, and for general corporate purposes....
May 19, 2015
Aim-listed gold miner Armadale has appointed Dr Andrew Tunks as a nonexecutive director, effective immediately. The Africa-focused company said Tunks was well placed to support its active development strategy, with proven experience in identifying and developing gold...
May 11, 2015
Chinese Premier Li Keqiang will visit South America next week on a four-nation tour, the Foreign Ministry said on Monday, a part of the world where China has deep business ties but traditionally only limited political influence. Li will travel to Brazil, Colombia,...
May 08, 2015
May 06, 2015
Apr 22, 2015
Apr 17, 2015
 
 
 
Apr 13, 2015
A new publication and web story from the Energy and Minerals Institute the University of Western Australia and Knowledge Society.Western Australia has a new story to tell.  It is the story of the technology and ingenuity that have underpinned the massive economic and...
Apr 03, 2015
SHADAB RAHIL The low-cost of deployment and the use of existing equipment at fuel retailers has resulted in good demand for the Payment24 system in developing markets
The Payment24 fuel payment and driver management system can be deployed using existing equipment and system present at most fuel station forecourts, and the system is in demand in developing countries. Information and communications technology company Paradigm will...
Apr 03, 2015
MAN Truck & Bus South Africa (MTBSA) has unveiled a grid-connected solar photovoltaic (PV) rooftop system at its assembly facility in Durban, making it the first carbon-neutral MAN plant in the world. The 580 kW, 2 320-panel, 6 300 m2 system is capable of generating...
Apr 01, 2015
Putting the ‘B’ in BRICS, the group of five major emerging national economies of Brazil, Russia, India, China and South Africa, it seemed as if Brazil was finally fulfilling its destiny to become South America’s global powerhouse in the latter half of the 2000s. As...
Mar 31, 2015
Project developer Guyana Goldfields (GGI) on Monday said construction of its $249-million Aurora gold project, in Guyana, South America, was in top gear and progressing on schedule and within budget, with the first gold pour on track for mid-2015. As of December 31,...
Mar 27, 2015
DRAINING RESOURCE The World Economic Forum’s ‘Global Risks 2015’ report rates water crises as “the greatest risk” worldwide, with water scarcity also being a key risk
Despite a global understanding and emphasis on water as a scarce resource, South Africa is not taking sufficient cognisance of the future risk of water security and its potential impact on business, and the domestic, industrial and mining sectors, says research and...
Mar 19, 2015
Mar 19, 2015
Preventative maintenance is essential to ensure the longevity of trommel screens. “Multotec has had trommel screens running for over ten years that are still operational,” Anthony Yell, screening product manager, says. Customers can return trommel screens for...
Mar 18, 2015
MAN SA's new solar rooftop
MAN Truck & Bus South Africa (MTBSA) on Tuesday unveiled a grid-connected solar photovoltaic (PV) rooftop system at its assembly facility in Durban, making it the first carbon-neutral MAN plant in the world. The 580 kW, 2 320-panel, 6 300 m2 system is capable of...
Mar 09, 2015
 
 
 
 
Feb 27, 2015
World crude steel production reached just under 1.7-billion tonnes at the close of 2014 – up by 1.2% from 2013 figures, says steel industry association body the World Steel Association (worldsteel) adding that, last year, the Middle East, which is the smallest region...
Feb 23, 2015
Moderate growth across all Wilson Bayly Holmes-Ovcon (WBHO) business segments has resulted in an 11%, or R14.7-billion, increase in revenue from continuing operations in the six months ended December 31, the JSE-listed construction company reported on Monday. The...
Feb 20, 2015
Freeport-McMoRan Oil & Gas (FM O&G), the subsidiary of NYSE-listed Freeport-McMoRan, will immediately establish commercial production from its Highlander discovery, onshore in South Louisiana, after “highly favourable reservoir characteristics” were obtained from a...
Feb 20, 2015
FAW has started the production of truck bodies at a new body shop facility, located next to its Coega-based truck assembly plant, in the Eastern Cape.
Feb 12, 2015
South America-focused gold producer Yamana Gold has reported a significant net loss for the second consecutive quarter, as impairment charges for Brazilian mines and charges for newly enacted Chilean taxes have weighed on the bottom line.  For the three months ended...
Feb 11, 2015
After a slowdown in 2013, the wind industry set a new record for yearly installations in 2014, adding 51 477 MW of wind generating capacity globally, the Global Wind Energy Council (GWEC) has revealed. The record-setting figure, which brought total cumulative...
Feb 11, 2015
Despite what it describes as a “volatile market backdrop” multicommodity giant Glencore achieved across-the-board production improvements in copper, zinc, nickel, ferrochrome and coal for the year ended December 31. The group cautioned, however, that it planned to...
Feb 06, 2015
ASX-listed Arrium on Friday announced the sale of its wire ropes business to a Belgium-based firm for A$90-million. MD and CEO Andrew Roberts told shareholders that despite having a strong leverage to the mineral extraction industry, particularly through its drag...
Jan 30, 2015
GAS PRODUCT The gas industry produces industrial products, like gas condensates and urea fertiliser, which increase the investment return and attractiveness of gas projects
The once-promising notion that gas was soon to become a game- changer in Africa seems unlikely to happen in the near future, owing to the negative impact of the low oil price on the industry, says growth consulting firm Frost & Sullivan. “A preliminary assessment of...
Jan 30, 2015
Toyota South Africa Motors (TSAM) is “happy” with what its sponsorship of the Toyota Imperial South Africa Dakar team has achieved over the last few years, says TSAM president and CEO Dr Johan van Zyl. He says TSAM is evaluating the merits of continuing its...
 
 
 
 
Jan 29, 2015
To expand its worldwide service network, AUMUND established a fourth Service Center with integrated warehouse, this time in central Brazil. In addition to the warehouses in Rheinberg/Germany, Atlanta/USA and Hong Kong AUMUND now has opened the fourth Service Center...
Jan 28, 2015
Mark Cutifani
Given the sharply lower commodity price environment, particularly for bulk commodities, Anglo American said on Wednesday that it expected to record noncash impairment charges in its 2014 results. The London- and Johannesburg-listed diversified major, headed by CEO...
Jan 22, 2015
Global crude steel production rose 1.2% year-on-year to 1.66-billion tonnes in 2014, the World Steel Association (worldsteel) revealed on Thursday. While crude steel production in the European Union (EU), North America and Asia expanded by a modest 1.7%, 2% and 1.4%...
Jan 19, 2015
Four years after its first move into the South American mining market, Keech Australia has taken the next step, signing a partnership with one of Peru’s leading mining supply businesses. The Recolsa group will work closely with Keech Chile, a stand-alone subsidiary...
Jan 16, 2015
Teaming up with primary sponsor Toyota Imperial as the air freight partner of the South Africa team for the 2015 Dakar Rally, South African Airways Cargo (SAA Cargo) earlier this month shipped the team’s three vehicles and spare parts to South America. The...
Jan 16, 2015
On October 19, 2004, the world’s first exclusively biofuel powered production aircraft received its certification, allowing it to be flown operationally. That aircraft was (and is) the Neiva (now Embraer) EMB-202A Ipanema crop duster. This is the most recent version...
Jan 16, 2015
On October 19, 2004, the world’s first exclusively biofuels powered production aircraft received its certification, allowing it to be flown operationally. That aircraft was (and is) the Neiva (now Embraer) EMB-202A Ipanema crop-duster. This is the most recent version...
Dec 05, 2014
South African radar company Reutech Radar Systems (RRS) is planning to develop new products next year, while remaining focused on its core businesses. "This is to maintain our momentum in both the defence and commercial markets," says RRS CEO Carl Kies. RRS is a...
Dec 03, 2014
Paul Wilson
The volume of vaulted platinum holdings held confidentially is declining, the recently launched World Platinum Investment Council said on Wednesday. The council, which has just published its first quarterly analysis of global platinum supply and demand fundamentals,...
Nov 24, 2014
Former Reunert CEO Boel Pretorius
South African radar company Reutech Radar Systems (RRS) is planning to develop new products next year, while remaining focused on its core businesses. "This is to maintain our momentum in both the defence and commercial markets," RRS CEO Carl Kies told Engineering...
 
 
 
 
Nov 21, 2014
Joseph Stiglitz: Real exchange rate instability is a major source of uncertainty for investors
South Africa should consider policy interventions that weaken and stabilise the rand as part of a package of industrial-policy measures that supports the emergence of a diversified industrial sector able to export into the region and globally and compete with...
Nov 18, 2014
NYSE-listed Newmont Mining has welcomed the government of Suriname’s decision to exercise its option to participate in a fully-funded, 25% equity ownership stake in the Merian gold project, which is currently under construction. “We look forward to partnering with...
Nov 14, 2014
South Africa lost an estimated R17-billion worth of resources through the disposal of waste to landfill in 2012, while the effects of resource scarcity and resource constraints are increasing globally. However, the value to the economy of additional recycling or...
Nov 14, 2014
South Africa lost an estimated R17-billion worth of resources through disposal of waste to landfill in 2012, while the effects of resource scarcity and resource constraints are increasing globally. However, the value to the economy of additional recycling or recovery...
Nov 11, 2014
Professor Joseph Stiglitz
South Africa should consider policy interventions that weaken and stabilise the rand as part of a package of industrial-policy measures that supports the emergence of a diversified industrial sector able to export into the region and globally and compete with...
 
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