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Topic - Turkey
Feb 26, 2015
The World Bank is working with other development finance institutions to raise some $500-million to modernise weather and flood forecasting services in Africa. Daniel Kull, a disaster risk specialist with the World Bank, said it was talking to lenders, including the...
Feb 24, 2015
While Mondi’s revenue for the year ended December 31, at €6.4-billion, remained largely unchanged year-on-year, the international paper and packaging group succeeded in lifting overall profit up 10% to €767-million for the 12 months, leveraging strongly off...
Feb 20, 2015
TSX-listed Centerra Gold swung to a fourth-quarter loss, mainly impacted by a significant impairment charge on its Kyrgyz cash generating unit, fewer ounces produced and sold and lower realised gold prices. The Toronto-based miner, which currently operated its...
Feb 20, 2015
Global crude steel production decreased by 2.9% year-on-year to 133-million tonnes in January, the World Steel Association (worldsteel) said on Friday. Of the 65 countries reporting to the association, China had the highest crude steel production for the month, with...
Feb 20, 2015
Gold miner Alamos Gold has narrowed its net loss for the fourth quarter, reporting $3.37-million, or $0.03 a share, compared with the net loss of $5.3-million, or $0.04 a share, for the comparable 2013 period. The company said on Thursday that the loss was mainly...
Feb 20, 2015
BREAKING RECORDS South African vehicle sales broke all records for the month of December in 2014, with 51 462 vehicles sold
South African vehicle sales broke all records for the month of December in 2014, with 51 462 vehicles sold. Previously, the highest sales record for the month of December was in 2006, when 49 283 vehicles were sold, says advisory firm KPMG industrial, automotive and...
Feb 17, 2015
On June 16, 2006, hundreds of countries agreed to a June 17, 2015, deadline to switch off their analogue transmissions; however, insufficient tabs had been kept on the status of the countries’ transition to digital broadcasting and a new platform has been proposed by...
Feb 16, 2015
A prefeasibility study (PFS) into the Temrezli ISR uranium project, in Turkey, confirmed the project to be technically low risk, but highly profitable, ASX-listed Anatolia Energy reported on Monday. The PFS was based on a central processing plant delivering...
Feb 14, 2015
Feb 12, 2015
Feb 10, 2015
Feb 09, 2015
Feb 09, 2015
The global pump and valve manufacturing industry is showing renewed interest in this year’s Pumps Valves and Pipes Africa Expo. This well-known exhibition, staged in the industrial heart of South Africa, has provided a versatile product showcase and business...
Feb 05, 2015
Canadian miner Centerra Gold and explorer Premier Gold Mines are forming a 50/50 partnership to jointly own and develop Premier's Trans-Canada property, including the Hardrock gold project, in the Geraldton-Beardmore Greenstone Belt of Ontario. "As we have stated in...
Feb 05, 2015
The Japanese may have the key to the unlocking of South Africa’s Springbok Flats where uranium contamination has inhibited coal mining for decades. XMP Consulting geologist Gerhard Esterhuizen has told the IHS Energy South African Coal Exports Conference 2015 that...
Jan 30, 2015
ASX-listed Chesser Resources would exit Turkey by June this year, with the miner reporting on Friday that it would cease its hunt for new resource opportunities. In September, Chesser announced the sale of its Kestanelik gold project in Turkey, for $40-million to...
Jan 30, 2015
TSX-listed explorer Pilot Gold has completed a new preliminary economic assessment (PEA) for the Halilaga copper/gold porphyry project, in north-western Turkey, sketching metrics for a robust, low strip, technically simple and scalable openpit project, using...
Jan 30, 2015
The Adana Integrated Health Campus public–private partnership has successfully achieved financial close.
Jan 30, 2015
The new motorway will shorten the distance between Gebze and Izmir by more than 140 km.
Jan 27, 2015
Anthony Hodge
The global mining industry makes its biggest contribution in the world’s poorest regions, an International Council on Mining & Metals (ICMM) study has found. The study, which became available in published form on Tuesday, finds that mining spurs the growth and...
Jan 23, 2015
Turkey focused miner Alamos Gold on Thursday lost nearly 10% in value on the TSX, after it reported fourth-quarter output of 42 500 oz of gold, bringing 2014 production to 140 500 oz, which missed the bottom-end of the company’s 150 000 oz guidance. President and CEO...
Jan 23, 2015
The project involves the construction of a combined-cycle gas turbine power plant near Kirikkale, in Central Anatolia, about 50 km east of Ankara.
Jan 15, 2015
Alamos Gold on Thursday confirmed to Mining Weekly Online that an injunction was being placed on the previously approved environmental-impact assessment (EIA) for its Agi Dagi gold project, in Turkey. The development would impede project momentum until Alamos had...
Jan 05, 2015
Southern Africa-focused explorer Giyani Gold has announced that its binding letter of intent (LoI) with Horizon Enerji and Sumo Coal has expired, bringing an end to the triple-listed company’s plans to diversify into the oil services and coal sectors.
Dec 30, 2014
Gold producer Alacer Gold on Sunday reported that the Turkish Ministry of Environment and Urbanisation had approved the environmental impact assessment (EIA) for the Çöpler sulphide project. The approval was the next step in the expansion of the gold mine to increase...
Dec 08, 2014
Show organiser Mack Brooks Exhibitions have announced the dates for Fastener Fair Russia 2015 has changed. The dedicated event for the fastener and fixing industry is still taking place in the same week as planned, but the opening date is a day later. The three-day...
Dec 05, 2014
The Akkuyu nuclear power plant will comprise four units of 1 200 MW each, producing about 35-billion kilowatt-hours a year.
Dec 05, 2014
The Group of 20 (G20), an international forum for the governments and central bank governors of 20 major economies issued a communiqué on November 16, after its summit in Brisbane, Australia. The communiqué emphasised trade as a powerful driver of economic growth,...
Dec 04, 2014
Rosatom regional VP: sub-Saharan Africa Viktor Polikarpov
Russian nuclear vendor Rosatom has confirmed that it is considering various funding models, including the extension of a State loan, as part of its offer to South Africa for the building of a proposed new nuclear power plant (NPP) build programme. Speaking during an...
Dec 03, 2014
Corruption has increased in several of the world's best-performing economies as rising growth has encouraged an abuse of power, corruption watchdog Transparency International said Wednesday in its annual report. "The 2014 Corruption Perceptions Index shows that...
Dec 02, 2014
As Turkey takes over the reins as chair of the group of 20 (G20) economies, the country on Tuesday said it would hone in on African growth as it built on the momentum gained by its predecessor, Australia. “Africa is a focal point for Turkey …”, he said, adding that...
Dec 02, 2014
logitrans, 8th International Trade Fair for Logistics and Transport, attracted a total of 14,428 visitors from 56 countries, i.e. an increase of 22 percent, 200 exhibitors from 22 countries presented their services and products in two exhibition halls. The Exhibition...
Nov 28, 2014
The project involves the construction of a 66 MW wind farm in Edirne, in western Turkey.
Nov 24, 2014
Much like South Africa was seen as an automotive hub, white appliance manufacturer Defy aimed to establish the country as a hub for the export of white appliances, Koc chairperson Mustafa Koc said on Monday. As Koc subsidiary Arcelik Group leveraged its $324-million...
Nov 17, 2014
Outgoing Group Five CEO Mike Upton
Construction company Group Five has welcomed the decision of the Competition Commission to refer a collusive tendering case to the Competition Tribunal in respect of the construction of 2010 FIFA World Cup stadiums, with outgoing CEO Mike Upton arguing that the move...
Nov 13, 2014
World Gold Council market intelligence head Alistair Hewitt
Both gold demand and supply were down in the three months to September 30, the World Gold Council said on Thursday. The council’s latest gold demand trends report stated that third-quarter (Q3) gold demand had declined by 2% to 929 t and supply had fallen by 7% to 1...
Nov 10, 2014
Science and Technology Minister Naledi Pandor is set to officially open the Centre for Nanotechnology Innovation at Rhodes University, in Grahamstown, on November 14, placing the institution at the forefront of international nanotechnology research. The centre will...
Nov 10, 2014
Company Announcement - Over 250 delegates attended event inaugurated by His Highness Sheikh Ahmed Bin Saeed Al Maktoum, President of the Department of Civil Aviation, CEO and Chairman of The Emirates Group and Chairman of Dubai World- UAE number one jewellery...
Nov 07, 2014
FRIEDRICH-GEORG KEHRER Valves form the basis and serve as the interface for upstream and downstream technologies
The international valve trade fair Valve World Expo, held at the Düsseldorf exhibition centre, Germany, from December 2 to 4, is a biennial trade fair for industrial valves and has experienced continuous growth at the Düsseldorf location, fair director...
Oct 31, 2014
TSX- and NYSE-listed Eldorado Gold this week reported a 45% decline in third-quarter net profit, as it booked an inventory write-down at the Vila Nova iron-ore mine, in northern Brazil. The Vancouver-based company, which has operations in Brazil, China, Greece,...
Oct 29, 2014
A global leader in bulk material handling technology offers a complete line of high-performance components for reducing fugitive material entrapment and improving conveyor tail pulley protection under virtually any belt conditions.  Martin Engineering has designed a...
Oct 27, 2014
Çöpler gold mine, Turkey
Turkey-focused gold producer Alacer Gold on Monday reported a 50% drop in headline earnings, citing lower gold sales and prices, while per-ounce unit costs rose. The TSX- and ASX-listed mid-tier miner reported adjusted earnings of $13.14-million, or $0.05 a share,...
Oct 24, 2014
The project involves the construction of a new 600 000 t cement plant.
Oct 24, 2014
Maragon Private Schools Olympus pupils competed at energy and chemical company Sasol’s Solar Challenge from September 27, which entailed driving a solar-powered car over eight days covering 2 000 km from Pretoria to Cape Town. The race is held in South Africa every...
Oct 23, 2014
The majority of the 41 signatory countries to the Organisation for Economic Cooperation and Development’s (OECD’s) Anti-Bribery Convention, adopted in 1997, have failed to clamp down on foreign bribery activities. Fifteen years after its implementation, only four...
Oct 20, 2014
Turkish mobile operator Turkcell has been dealt another blow in its ongoing battle against South Africa-based mobile operator MTN Group, as the International Arbitration Panel dismissed the latest attempt to hold MTN legally accountable for allegedly blocking a...
Oct 17, 2014
The 2014 Global Cleantech Innovation Programme for SMEs in South Africa Awards was held at a gala dinner at Emperors Palace today. Hosts, GCIP South Africa, proudly acknowledged the inventive work of small businesses and start-ups who have worked so hard towards...
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