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Regulatory uncertainty casting shadow over South Africa amid forecast for further minerals market uptick

By: Mia Breytenbach     19th January 2018 The South African mining industry has had a tumultuous time because of the controversial Reviewed Draft Broad-Based Black Economic Empowerment Charter for the South African Mining and Minerals Industry, also known as Mining Charter III, which, amid lingering political uncertainty, led to low... 

South African company building new smelter in Zimbabwe

By: Victor Moolman     19th January 2018 Foundry and engineering company Thos Begbie is working in the Great Dyke of Zimbabwe, close to the town of Shurungwi, where it is helping to construct the Unki platinum smelter, adjacent to a mining operation owned by platinum mining company Anglo American Platinum (Amplats). Thos Begbie was... 

Illovo appoints new South Africa MD

By: Anine Kilian     17th January 2018 Illovo Sugar South Africa has appointed Mamongae Mahlare MD, effective March 1. She will succeed Dave Howells who stepped down to focus on his role as corporate and external affairs executive within the broader Illovo Sugar Africa Group.   Mahlare previously held commercial, operational and... 

Marathon mineral rights tangle goes to Constitutional Court

By: Martin Creamer     17th January 2018 The Constitutional Court of South Africa is being asked to pronounce on a marathon mineral rights entanglement that lower courts have failed to resolve. What the High Court proclaimed, the Supreme Court of Appeal overturned, and now Chinese subsidiary company Aquila Steel has applied to the... 

Jubilee acquires 29% stake in BMR

By: Creamer Media Reporter      15th January 2018 Alt-X- and Aim-listed Jubilee Metals Group has acquired a 29.01% interest in the enlarged issued share capital of BMR Group for £500 000 cash and the issue of 63-million new ordinary shares of Jubilee. The acquisition increases Jubilee’s effective interest in the Zambian Kabwe project to 57.41%,... 

At Mining Indaba 2018, Caterpillar presents broad range of machines, technology and services to support African mining

     15th January 2018 Caterpillar will present its unmatched range of innovative technologies and services at Mining Indaba, February 5-8 in Cape Town, South Africa. With a focus on optimizing operations, whether surface or underground, large or small, Caterpillar and Cat® dealers are dedicated to working with mining... 

Ian Harebottle appointed Kropz CEO

By: Anine Kilian     15th January 2018 South Africa-based plant nutrient company and miner of fertiliser feed materials Kropz has appointed Ian Harebottle as group CEO. Harebottle, who stepped down as CEO of Aim-listed Gemfields in July last year, will join Kropz on March 28, once his contract with the diamond miner has ended.   “I am... 

Weir Boosts Capacity And Footprint In Africa, Middle East

     15th January 2018 Process solutions is now the focus of Weir Minerals Africa, as it works to bring its growing range of services and products closer to customers in Africa and the Middle East. According to Gavin Dyer, Regional Managing Director of Weir Minerals Africa, the company is investing continuously in both... 

Massive Motors Installed By M&C At Cobre Panama

     15th January 2018 Marthinusen & Coutts, a division of ACTOM, recently executed the sub-assembly of six gearless mill drives for Minera Panamá’s remotely situated Cobre Panamá project in record time, and as a result was able to hand the machine over to the mechanical teams for professional assembly well ahead of... 

Fura closes in on Colombian emerald mine buy; to create single-stop Dubai-based gemstone shop

By: Henry Lazenby     13th January 2018 Canadian gemstone-focused miner Fura Gems is setting up a single-stop destination in Dubai, where rubies and emeralds produced from its Mozambique and Colombian assets will be graded and sold at the Almas Tower. “The Almas Tower is arguably one of the most secure spaces in the world, from where... 

Zambia sees mining revenue rising on higher copper price

By: Reuters     11th January 2018 Zambia expects to collect more revenue from mining companies this year compared to 2017 after copper prices rose above $7 000/t, the revenue authority (ZRA) said on Wednesday. ZRA Commissioner-General Kingsley Chanda said at a media briefing the authority was targeting a revenue-to-GDP ratio of... 

Jubilee raises £4.5m to support metals expansion strategy

By: Natasha Odendaal     9th January 2018 AltX- and Aim-listed Jubilee Metals has secured investment from financial institutions Miton Group and an international wealth group arranged through Veddis. The company successfully completed a placing of 125-million new ordinary shares of 1p each in Jubilee at a price of 3.6p apiece, to raise... 

Africa Energy Indaba partners with SAEEC

By: Anine Kilian     9th January 2018 The Africa Energy Indaba (AEI) has entered into a strategic partnership with the South African Electrotechnical Export Council (SAEEC) to grow and develop the African energy sector with SAEEC member companies.   The SAEEC is a public–private partnership between South African business and the... 

Africa Energy Indaba Announces A Strategic Partnership

     9th January 2018 The Africa Energy Indaba is pleased to announce a strategic partnership with the South African Electrotechnical Export Council (SAEEC) to grow and develop the African Energy Sector with the SAEEC Member Companies. The South African Electrotechnical Export Council (SAEEC) is a Public Private... 

Off-grid solar set to boom in Africa

     9th January 2018 The role of off-grid and mini-grid in rural electrification in Africa, will be a key discussion session during the 10th Africa Energy Indaba Conference on 20-21st February 2018 at the Sandton Convention Centre in Johannesburg, South Africa, supporting the immense growth potential of solar. Solar... 

Court orders Zambia Vedanta unit to pay state firm $139m

By: Reuters     3rd January 2018 A London court has ordered Zambia Vedanta unit KCM to pay a state mining company $139-million in a claim related to the copper price, raising by $36-million the amount it was originally ordered to pay, the state company said on Tuesday. The claim relates to outstanding payments under a 2013... 

AfDB to support Mozambique rail project with $300m

By: Megan van Wyngaardt     20th December 2017 The African Development Bank (AfDB) is taking the lead in facilitating the takeoff of one of Africa’s largest infrastructure project − the $5-billion Nacala corridor rail and port project, supporting the project with $300-million from its private sector window. After years of financial... 

Zambia sees 2017 copper output rising up to 850 000 t

By: Reuters     14th December 2017 Zambia's 2017 copper output is expected to increase to between 800 000 t and 850 000 t from 774 290 t in last year, Mines Minister Christopher Yaluma on Thursday. Zambia's copper production is next year likely to increase further to reach 1-million tonnes, Yaluma said, citing improved power... 

New JV to develop small-scale Zambian hydropower projects

By: Schalk Burger     12th December 2017 The New Africa Power joint venture (JV) plans to develop a 65 MW portfolio of small-scale, run-of-the-river hydropower projects in Zambia. The JV, established by Nairobi-based energy holding company responsAbility Renewable Energy, international finance institution Norfund and investment company... 

Weatherly to acquire Zambia copper development project

By: Mia Breytenbach     12th December 2017 Aim-listed Weatherly International will acquire the Kitumba copper project in Zambia from ASX-listed Intrepid Mines for an upfront cash consideration of A$4.75-million. The company on Tuesday announced that it had entered into a binding agreement with Intrepid to buy the project, with the... 

Congo mines say revised code threatens industry's future

By: Reuters     12th December 2017 Mining companies in Democratic Republic of Congo said on Monday that proposed changes to the mining code adopted by the lower house of parliament last week would do lasting damage to investment in Africa's top copper producer. The process of revising the 2002 mining code in Congo has dragged on... 

Crucial for commodity countries to build economic resilience – Unctad 

By: Martin Creamer     11th December 2017 Without policy change, commodity-dependent developing countries risk falling short of achieving their sustainable development goals (SDGs) by 2030, United Nations Conference on Trade and Development (Unctad) economic affairs officer Stefan Csordas warned on Monday. Unctad and the Food and... 

Wuhlf Equipment

     8th December 2017 Started in 2005, South African heavy-duty equipment manufacturer, supplier and importer Wuhlf Equipment has supplied more than 2 000 pieces of equipment over the years. The company operates from its facility in Wallmansthal, Pretoria, where it will manufacture its recently launched 70 kW... 

Pallinghurst targets London, okays share buyback, halves executive pay

By: Martin Creamer     7th December 2017 Diversified mining and marketing company Pallinghurst, which has moved fast to stabilise the now-integrated coloured gemstone acquisition, is initiating a listing on the main board of the London Stock Exchange, going ahead immediately with a share buyback programme and benefitting from executive... 

Tanzania-Zambia railway halts copper transportation after strike

By: Reuters     6th December 2017 The Tanzania-Zambia Railway Authority (TAZARA) has suspended all train services, including the transportation of copper following a strike by workers in Africa's second-largest producer of the metal, the company said on Wednesday. The line is an important route for copper exports from Zambia and... 

Vivo to gain 300 stations in 9 African countries in Engen share transaction

By: Schalk Burger     5th December 2017 Petroleum and energy company Vivo Energy, which represents oil multinational Shell’s brand of fuels and lubricants in Africa, will gain 300 service stations across nine African countries after it agreed to buys shares in oil multinational Engen International Holdings from Engen Holdings in... 

Galileo starts 1 750 m drilling programme at Zambia zinc project

By: Creamer Media Reporter      4th December 2017 As part of plans to fast-track exploration at its 51%-owned Star Zinc project, in Zambia, Aim-listed Galileo Resources will this week embark on a 1 750 m drilling programme. The programme is aimed at both resource confirmation and resource expansion. 

Wuhlf ready to fill orders for its Africa-tough TLB

     4th December 2017 The new locally manufactured 70 kW 4 x 4 Skerpioen tractor loader backhoe (TLB) will provide businesses in Africa with an affordable, low-tech solution that is robust enough to withstand the harsh operating environment synonymous with the continent. After developing the machine for the past two... 

Road Development Agency paves the way for a sophisticated bridge-maintenance strategy in Zambia

     1st December 2017 The Zambian Road Development Agency (RDA) has embarked on a programme that will help significantly strengthen its bridge maintenance programmes. A joint venture between Kiran & Musonda Associates (KMA) and JG Afrika is working closely with the RDA to validate its inventory of bridges and related... 

Exports could ease Eskom’s debt pressure

By: Creamer Media Reporter      1st December 2017 By Jason Mann and Victoria Barr Recent reports have highlighted the many challenges facing State-owned electricity utility Eskom, including difficulties in continuing to service its debt. 

Kariba dam rehabilitation project, Zambia

By: Sheila Barradas     1st December 2017 The project is progressing steadily. 

Premium German anchoring systems available locally

     30th November 2017 Some of the most technically-advanced anchoring system solutions in the world are being made available to the local construction and allied industries by leading distributor Upat in Johannesburg. Established in 1983, one of the sole distributorships that Upat prides itself on is, fischer from... 

Crookes Brothers profits down on lower sugar cane revenue

By: African News Agency      29th November 2017 Agricultural firm Crookes Brothers said on Wednesday its after-tax profit decreased by 70.5% to R26.4 million in the six months ended September 2017, driven down by a decline in sugar cane revenue in the aftermath of drought. Crookes however said it expected results for the full year to March... 

Africa Energy Indaba announces a strategic partnership

     29th November 2017 The Africa Energy Indaba is pleased to announce a strategic partnership with the South African Electrotechnical Export Council (SAEEC) to grow and develop the African Energy Sector with the SAEEC Member Companies.   The South African Electrotechnical Export Council (SAEEC) is a Public Private... 

GoviEx receives top honours at Africa investment showcase

By: Megan van Wyngaardt     28th November 2017 TSX-V-listed GoviEx Uranium was given the gold award for best mining project at the recent Africa Investment Forum and Awards (AIFA) in Paris, France. The AIFA is an event dedicated to African business opportunities in fields such as mining, energy, infrastructure and real estate. A rigorous... 

Zambezi River Authority says Kariba dam works on track

By: Megan van Wyngaardt     24th November 2017 The $294-million Kariba dam rehabilitation project (KDRP) is progressing steadily, with the plunge pool currently in the implementation phase and the spillway refurbishment works under procurement, the Zambezi River Authority (ZRA) said on Friday. The authority, which operates, maintains and... 

Power underpins wave of African industrialisation

     24th November 2017 Power is closely tied to a surge of new infrastructure projects and rapid industrialisation across Africa, with significant opportunities still open to the power sector, delegates heard at a briefing for key power sector stakeholders in Sandton this week. Infrastructure spend across Africa will... 

‘Mining’ the most out of OTR tyres with NitraLife’s nitrogen filling: improved safety, better inflation and less ‘hot air’

     24th November 2017 Today, in the mining industry, safety standards are more stringent than ever. Should a mine experience an incident, which results in an injury or even a fatality, the subsequent legal consequences and financial penalties can be severe. A potential risk in open-pit mines concerns the ultra-large... 

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