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Hybrid gensets to complement renewable energy

By: Robyn Wilkinson     2nd December 2016 Generating set producer Aksa Power Generation South Africa (SA) will launch its hybrid generating set (genset) in South Africa in January next year, providing a standby power generating solution to the country that is able to run in parallel with renewable-energy sources. 

Top-class maintenance, repair and training augments Husky’s success

     1st December 2016 Arguably the most durable vehicle in the US military’s wheeled fleet, the Husky’s success in the field has been secured by ongoing field support – in training, maintenance and logistics – by US-based Critical Solutions International (CSI). Working in close partnership with DCD Protected Mobility,... 

Ingeteam launches its new 100 kW three-phase string inverter

     29th November 2016 The inverter is to be showcased at the Solar-Tec fair in Cairo, Egypt Series production is set to commence in June 2017 Ingeteam is finalizing the launch of its new PV string inverter, which will make it possible to achieve a power output of 100 kWAC in a single, 75 kg unit. This inverter will... 

South Africa still faces threat of downgrade to junk status, Cabinet reshuffle – economist 

By: Megan van Wyngaardt     28th November 2016 Financial services provider BNP Paribas Securities on Monday cautioned that South Africa was not out of the woods yet, with the risk of a ratings downgrade to ‘junk’ status by mid-2017 still high. This comes after ratings agencies Moody’s and Fitch on Friday maintained South Africa’s current... 

Global steel production rises 3.3% y/y in October

By: Anine Kilian     22nd November 2016 Global crude steel production, as reported by the 65 member countries of the World Steel Association (worldsteel), increased by 3.3% year-on-year to 136.5-million tons in October. South Africa’s crude steel output rose by 13.8% year-on-year to 534 000 t in October, while Egypt lifted its... 

ECDC Spent R6 Million And Attracted R19, 8 Million Testing And Developing Smme Business Ideas And Concepts In 2015/16

     21st November 2016 An Eastern Cape Development Corporation (ECDC) funded polyfibre project has been bolstered with a R22 million injection from the Department of Trade and Industry’s Employment Creation Fund for the establishment of a factory in Port Alfred and three buy-back centres in Stutterheim, Grahamstown and... 

Rescue teams try to free 13 workers trapped in southeast Turkey copper mine

By: Reuters     18th November 2016 Rescue teams sought to free 13 workers trapped in a copper mine in southeast Turkey on Friday after it was hit by a landslide which killed at least three people, the local governor's office said. It said the landslide occurred in the Sirvan district of Siirt province during work at the... 

IFC study finds climate pact helped open up $23tn in emerging market opportunities

By: Creamer Media Reporter      8th November 2016 A study released on Tuesday by the International Finance Corporation (IFC), a member of World Bank Group, shows that the historic global agreement on climate change adopted in Paris last year helped open up nearly $23-trillion in opportunities for climate-smart investments in emerging markets... 

SA needs a “less corrupt” government to boost growth – Jonas 

By: News24Wire      8th November 2016 Growth has been slowing down since 2011, and “erratic politics” is not helping the situation. Instead it undermines business and public confidence and perpetuates uncertainty, said Deputy Finance Minister, Mcebisi Jonas. Jonas was speaking at the Association of Black Securities and Investment... 

Despite improved Kumtor ops outlook, Centerra’s stock falls on Kyrgyz uncertainty

By: Henry Lazenby     7th November 2016 Canadian gold miner Centerra Gold on Monday lost 6.52% in early trading on the TSX after releasing third-quarter results before market open, as the company’s inability to use substantial cash generated from its flagship Kumtor mine, in Kyrgyzstan, weighed on investor sentiment. Toronto-based... 

Countdown to Kalahari land speed record attempt begins 

By: Irma Venter     4th November 2016 It is a few minutes shy of twelve and the heat shimmers like water on Hakskeen Pan. Royal Air Force wing commander Andy Green gets behind the wheel of a maroon Geely Boyue, journalists in tow, and chases down the pan at 160 km/h – a mere fraction of the speed at which he will travel here next... 

Countdown to Kalahari land speed record attempt begins

By: Irma Venter     4th November 2016 It is a few minutes shy of twelve and the heat shimmers like water on Hakskeen Pan. Royal Air Force Wing Commander Andy Green gets behind the wheel of a maroon Geely Boyue, journalists in tow, and chases down the pan at 160 km/h – a mere fraction of the speed he will travel here next year when he... 

The order is fading

By: Terence Creamer     4th November 2016 A line from American folk singer Bob Dylan’s 1964 classic ‘The Times They Are a-Changin'’ has deep resonance for the position the domestic and international electricity supply industry currently finds itself. Dylan, who was recently awarded the Nobel literature prize (a fact he has scarcely... 

Global wind energy industry is soaring, hears Windaba

By: Kim Cloete     2nd November 2016 China is still leading the charge in the wind energy industry, outpacing by far the US, Germany, India and Spain. Global Wind Energy Council (GWEC) secretary-general Steve Sawyer, said the last two years in the global wind energy industry had seen substantial growth, after a flat period between... 

What does the transformation of global power markets mean for SA’s renewables industry?

     31st October 2016 According to a recently released report from the International Energy Agency (IEA), the surge in renewables energy projects globally has changed power markets for good. Over the next five years, the IEA forecasts that renewables will remain the fastest-growing source of electricity generation,... 

Alacer tumbles on weak Çöpler performance

By: Henry Lazenby     27th October 2016 A delay in accessing the planned oxide ore from the Marble pit at Alacer Gold’s Çöpler gold mine, in Turkey, has resulted in lower-than-planned gold output during the third quarter. The ASX- and TSX-listed midtier gold producer said Wednesday that localised pit wall instability had to be fixed... 

EuroBLECH 2016 presents digitisation in sheet metal working on record exhibition space

     26th October 2016 EuroBLECH 2016, the 24th International Sheet Metal Working Technology Exhibition, has opened its doors today at the Hanover Exhibition Centre in Germany. Until Saturday, the 29th October 2016, a total of 1,503 exhibitors from 41 countries will present the latest technologies along the entire... 

South Africa’s crude steel output drops nearly 3% in September

By: Natasha Odendaal     21st October 2016 South Africa’s crude steel production contracted 2.7% year-on-year to 430 000 t during September, with output for the first nine months of the year down some 8.5% year-on-year to 4.6-million tonnes. Global crude steel production by the aggregate 66 countries reporting to industry body, the World... 

Cold storage capacity continues to grow globally

     21st October 2016 The 2016 Global Cold Chain Alliance (GCCA) Global Cold Storage Capacity Report shows that cold storage capacity has experienced steady growth since the last time the survey was conducted in 2014. According to the report, total capacity was 600-million cubic meters in 2016, an increase of 8.6%... 

Riverbed SteelCentral Announces New Solutions, Providing Seamless Visibility Across the Enterprise

     20th October 2016 Latest SteelCentral release further unifies performance visibility across network, infrastructure, unified communications and end-user domains.   Riverbed Technology, the application performance company, today announced the latest release of Riverbed SteelCentral, which addresses the end-to-end... 

Russian NPP design technology in global demand

By: Anine Kilian     18th October 2016 Russian nuclear company Atomstroyexport (ASE), a part of Russian State-owned Rosatom group, which designs and constructs nuclear power plants (NPPs) globally, is currently running construction projects in India, Bangladesh, Turkey, Egypt, China and Hungary – an indication that Russian-built NPPs... 

Investing in IT innovation to combat low oil prices and improve efficiency in the Oil and Gas sector

     18th October 2016 Taj Elkhayat, Regional Vice President Middle East, Turkey and Africa for Riverbed Technology It is no secret that in recent years, the Oil and Gas industry has been enduring a period of economic slowdown which is showing no signs of improving. Whilst market downturn is often accompanied by the... 

Toshiba Machine Eu Demos New Automation Cell At K2016

     17th October 2016 Toshiba Machine EU will present LIVE demonstrations showing manufacturers how they can mold and assemble complex, multi-material parts with precision and ease in an integrated automation cell requiring minimal floor space. Featuring the EC180SXII, a 1760-kN (200 US ton) all-electric injection... 

Strategic advisory services for ports and marine terminals from Advisian

     14th October 2016 Advisian, the global advisory business of the WorleyParsons Group, has seen significant growth in their Ports and Marine Terminals division in recent months, as increasing emphasis is placed on efficient terminal operations, which are essential for sustaining national competitiveness, addressing... 

Mariana Resources to explore for gold in West Africa

By: Megan van Wyngaardt     7th October 2016 Dual-listed Mariana Resources plans to acquire an 80% interest in exploration company Awalé Resources, which has gold exploration projects, in Côte d’Ivoire. The $688 999 transaction will provide Mariana with an immediate presence and established footprint in Côte d’Ivoire, given Awalé’s existing... 

Quality Spares, Repairs And Service In Demand

     3rd October 2016 While the current challenging economic climate and decline in commodities prices are prompting mines and quarries to cut capital expenditure, there is an increased focus on securing quality spare parts, repairs and service, according to Brian Frost, national parts manager at Osborn. He reveals... 

Lahmeyer International at WindEnergy Hamburg 2016 in Hall B4 at Stand EG.301

     26th September 2016 From September 27 to 30, 2016, on- and offshore specialists will come together in Hamburg at the WindEnergy Trade Fair. Lahmeyer International, together with its parent company Tractebel, will present its range of services in the field of wind energy. The engineers support wind energy projects... 

What does it take to efficiently manage remote location IT?

     26th September 2016 Taj Elkhayat, Regional Vice President Middle East, Turkey and Africa for Riverbed Technology   On average, today’s enterprises store 50 per cent of their corporate data in branch offices, to which they dedicate half of their total IT budget. In practice, this means half of today’s IT... 

Global steel production rises 1.9% y/y in August

By: Megan van Wyngaardt     21st September 2016 World crude steel production for the 66 countries reporting to the World Steel Association rose 1.9% year-on-year to 134.1-million tonnes in August. China’s crude steel production for August was 68.6-million tonnes, an increase of 3%, while Japan’s production was up 1.5% to 8.9-million tonnes. 

American hardwoods to feature widely at 2nd ‘Dubai Design Week’

     21st September 2016 AHEC to unveil installation at Downtown Design 2016 and present at the talks programme of both Design Ras Al Khor and Dubai Design Week American hardwoods are set to feature widely at the second edition of ‘Dubai Design Week’, the Middle East’s biggest celebration of design, which will take place... 

Weba Chute Systems Leverages Expertise On Skouries Project

     19th September 2016 Weba Chute Systems, known for challenging the boundaries in transfer point technology, has leveraged its in-depth applications knowledge and know-how to engineer an innovative bifurcated chute system for Eldorado Gold’s Skouries Project. The bifurcated chute is one of nine transfer point... 

Alacer studies second mine in Turkey

By: Mariaan Webb     14th September 2016 TSX- and ASX-listed Alacer Gold is advancing a second project in Turkey to detailed study phase, following the completion of a prefeasibility study (PFS), which demonstrates the Gediktepe project’s technical and financial feasibility. The PFS established a maiden resource and reserve for the... 

Eldorado’s China curtain call near complete as it closes $300m Jinfeng sale

By: Henry Lazenby     7th September 2016 Geographically diversified Canadian gold miner Eldorado Gold has completed the $300-million divestiture of its 82% interest in the Jinfeng gold mine, in China, to China National Gold Group. Announced in April, the divestiture is one in a string of deals announced this year as Eldorado exits... 

Metair earnings hit by ‘disruptive’ auto components phase

By: Irma Venter     2nd September 2016 A struggling automotive components business saw operating profit at JSE-listed Metair drop 25%, to R260-million, for the six months ended June 30, compared with the same period last year. Revenue at the energy storage solutions and automotive components manufacturer and distributor increased 14%... 

Supplying MB Screening Buckets to meet the needs of Caucasus Pipeline Project

     31st August 2016 The 692km South Caucasus Pipeline has been designed to transport gas from the Shah Deniz field in the Azerbaijan sector of the Caspian Sea, through Georgia and on to the Georgia-Turkey border. At full capacity, and after additional stages of development, it is envisaged that the pipeline will... 

MB – Outrank in quarries

     25th August 2016 Crushing in quarries around the world has become a key aspect of mines operation; the need to make the most of all available material arose and has prompted sharpest operators to use also the "waste material" that was once simply piled up in the quarry, becoming today valuable resources. The need... 

Old rings are treasure as gold rally revives scrap recycling

By: Bloomberg     23rd August 2016 The surprising rebound in gold prices this year has given new life to unwanted jewelry, coins and trinkets – in the melting pot. More than a third of the world’s bullion supply usually comes from recycled metal, but purchases at pawn shops and cash-for-gold companies had slowed during a... 

Eldorado diversifies exploration portfolio

By: Henry Lazenby     23rd August 2016 Canadian gold producer Eldorado Gold has added four new exploration properties located in Romania, Serbia and Brazil to its portfolio, the miner said on Monday. Eldorado VP of of exploration Peter Lewis said the company was excited by the addition of the projects, since they all included defined... 

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