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POWER-GEN & DISTRIBUTECH AFRICA: Africa’s power sector to seek sustainable growth drivers

     23rd May 2016 POWER-GEN & DISTRIBUTECH AFRICA: Africa’s power sector to seek sustainable growth drivers Africa’s leading power generation and distribution stakeholders are set to converge in Sandton later this year, for talks on creating power for sustainable growth in Africa. 

Top economist will discuss Land Reform as part of The Food Forum 2016 in Johannesburg

     23rd May 2016 Following new South African government pledges to speed up Land Reform over the weekend, Africa’s biggest food expo promises expert analysis at a major conference in Johannesburg next month. Africa’s Big Seven (AB7) attracts hundreds of exhibitors from around the world and hosts The Food Forum... 

Zimbabwe's platinum industry calls for $2.8bn in new investment

By: Reuters     20th May 2016 Zimbabwe could double annual platinum production to more than 900 000 oz in the next decade and become the nation's top export earner but current producers need $2.8-billion in new investment to do so, the industry associaton said on Friday. The southern African nation holds the second largest... 

AG wheels launches a wheel machining shop

By: Creamer Media Reporter      20th May 2016 South African rail engineering company Grindrod Locomotives and ATCOM Wheels, a supplier of new and refurbished wheel sets are in the process of establishing a wheel shop located at Grindrod Locomotives' works in Pretoria West.  Our joint goal is  to accommodate  wheel machining opportunities... 

Zimbabwe cement producers seek tariffs on imports

By: Reuters     19th May 2016 Zimbabwe's cement producers want the government to impose tariffs on imports, including from Nigeria's Dangote Cement, saying this would prevent the collapse of the local industry and save jobs. The southern African nation has three cement manufacturers, Lafarge Cement Zimbabwe, Pretoria Portland... 

Operations resume at Premier’s RHA tungsten project

By: Anine Kilian     17th May 2016 Aim-listed Premier African Minerals has re-equipped the 120-m vertical shaft at its RHA tungsten project, in Zimbabwe, and expects to return to operations this week. Premier reported on Tuesday that mining equipment and minerals processing specialist Appropriate Process Technologies (APT) would... 

Zimbabwe's Q1 gold, platinum production picks up – chamber of mines

By: Reuters     17th May 2016 Zimbabwe's mining production rose in the first quarter of 2016, with gold production up to 5 t from 4 t in the previous year after electricity supply stabilised, the Chamber of Mines said on Tuesday. While production was likely to rise in the remainder of the year, risks to the sector remained,... 

IFRC promises $110m for drought relief in Southern Africa

By: Reuters     17th May 2016 The International Federation of Red Cross and the Red Crescent Societies (IFRC) has pledged $110-million to a new initiative to help drought-stricken Southern African countries. In South Africa, Lesotho, Swaziland, Malawi, Mozambique, Namibia and Zimbabwe, last year's poor rains have been... 

Platinum bear cycle tipped to turn this year – report

By: Reuters     16th May 2016 Platinum's slide to seven-year lows in January marked the end of the 18-month bear cycle that saw it nearly halve in value, Metals Focus said in a report on Monday, as it forecast a shortfall in supply this year. However, a weak start to the year and limited investor demand will peg prices at $1... 

End of commodities boom hits African countries

By: Keith Campbell     13th May 2016 The global commodities super cycle has come to an end, sharply lowering the price of oil, gas, metals and minerals,” stated the World Bank in its most recent ‘Regional Overview for Africa’ review (published in late March). “As a net commodities exporter, Africa is deeply affected by falling... 

Kariba dam rehabilitation project, Zambia

By: Sheila Barradas     13th May 2016 Zambia and Zimbabwe plan to start repairs to Kariba dam in the first quarter of next year. 

Anglo dangles goody-two-shoes Grosvenor to lure coal buyers

By: Martin Creamer     12th May 2016 At most other times in the mining cycle, news of the sale of a goody-two-shoes metallurgical coal asset like Australia’s Grosvenor would have had buyers queuing up to buy. But disposal of even alluring resources in today’s uncertain and low-price environment needs to be accompanied by an enticing... 

Caledonia’s Q1 performance better than expected

By: Natasha Odendaal     12th May 2016 TSX- and Aim-listed Caledonia Mining on Thursday posted a “better-than-expected” first-quarter performance from its 49%-owned Blanket mine, in Zimbabwe. The group reported a 3.7% increase in gross profit to $3.9-million on the back of higher gold production and sales and a lower average cost per... 

Power, equipment challenges impede Metallon’s Q1 production

By: Creamer Media Reporter      5th May 2016 Power supply interruptions and equipment breakdowns have contributed to a 15% year-on-year decrease in Zimbabwe-based Metallon Corporation’s production for the quarter ended March 31. The company on Thursday reported production of 20 676 oz for the quarter under review, compared with the 24 386... 

Exploration, mining expected to grow in importance for cement producer PPC

By: Martin Creamer     3rd May 2016 The medium-term game plan of African cement producer PPC is to find new resources needed by its operations, which will probably require it to engage in some form of exploration and eventual mining close to where urban development is expected in Africa. Over time, the resources side of the... 

Illegal mining suspects arrested in Springs after shoot-out

By: News24Wire      2nd May 2016 Eight suspected illegal miners were arrested in Springs following a shoot-out with police, the Ekurhuleni metro police department said on Monday. Lt-Col Wilfred Kgasago said that police raided various informal settlements in the Springs area in the early hours of Friday morning following reports... 

Barloworld expands into Southern Africa

     29th April 2016 Machinery and global brands distributor Barloworld Equipment group has invested $14-million in its equipment operations in the city of Kitwe, in Zambia.  

PPC planning to double every ten years 

By: Martin Creamer     29th April 2016 The target of major cement producer PPC to more than double the size of its business every ten years to retain its market share in Africa is based on the continent’s world-leading rate of urbanisation and the projection that the population of Africa will double by 2050. 

Dangote to nearly double production capacity across Africa in next three years

By: Reuters     26th April 2016 Dangote Cement, Nigeria's biggest listed company, said it aims to nearly double its production capacity over the next three years and half of its output by the end of 2019 will come from African plants outside its home market. The company, majority owned by billionaire Aliko Dangote and Africa's... 

Zambia, Zimbabwe to start Kariba dam repairs in early 2017 

By: Reuters     26th April 2016 Zambia and Zimbabwe plan to start repairs to Kariba dam in the first quarter of next year without affecting hydropower supply in either country which is generated from the reservoir, a senior World Bank official said. The Zambezi River Authority, a joint venture between Zambia and Zimbabwe, the... 

Heartening progress overshadowed by heartbreaking loss of life

By: Martin Creamer     26th April 2016 The loss of six lives is completely overshadowing the encouraging progress being made to build a stronger and more robust Impala Platinum (Implats). Implats CEO Terence Goodlace lamented in the company's latest quarterly report for the three months to March 31 that the deaths of four employees in... 

African Potash inks participation agreement as Windmill deal falls through

By: Samantha Herbst     22nd April 2016 Aim-listed exploration company African Potash announced on Friday that its fertiliser trade agreement with Southern Africa-based fertiliser producer Windmill has been terminated, owing to the drought currently affecting much of Southern Africa, which has had a marked impact on the fertiliser... 

Formalised status urged for artisanal, small-scale mining 

By: David Oliveira     22nd April 2016 Members of community organisations and artisanal mining and academic communities, as well as civil society groups, have called on government and mining companies to uphold the rights of all South African mineworkers, including artisanal and small-scale miners. ActionAid South Africa (AASA) mining... 

Malawi hoping to attract 1 000 MW of private power investment

By: Marcel Chimwala     22nd April 2016 Malawi plans to procure a total of 1 000 MW from independent power producers (IPPs) to boost the country’s electricity generation capacity, which currently stands at 351 MW, compared with maximum demand of 400 MW. Natural Resources, Energy and Mining Minister Bright Msaka says negotiations with... 

Southern African guideline for prospective IPPs launched

By: David Oliveira     15th April 2016 Carbon and climate change advisory firm Promethium Carbon launched its Independent Power Producers (IPPs) Guideline last month to assist prospective IPPs in navigating through the procedures required to license new electricity generation facilities in Southern Africa. The guideline outlines the... 

Zim mining could witness significant growth in next four years – US body

By: Oscar Nkala     15th April 2016 Zimbabwe's mining sector could achieve significant growth during the period 2016 to 2020, driven by increased platinum and diamond production, the US-based International Business Monitor (IBM) has said. But it hastens to add that political uncertainty, a challenging regulatory environment and... 

JHB firm to expand lithium iron phosphate energy storage module production 

     13th April 2016 Having completed more than a 100 installations of its locally produced lithium iron phosphate Freedom Lite range of batteries across Southern Africa, Johannesburg-based energy solutions provider Freedom Won aims to enhance its production capacity amid growing demand. 

COSAFA U20 – Sponsorship announcement

     13th April 2016 PPC, the leading supplier of cement in southern Africa, has joined forces with COSAFA to sponsor the region’s Under-20 championship in 2016 as they seek to develop Africa’s stars of tomorrow. PPC pride themselves on building ‘from the ground up’ and are therefore a perfect fit for the Southern... 

Zim probes Rio Tinto’s Murowa share disposal

By: News24Wire      8th April 2016 Zimbabwe is probing Rio Tinto’s disposal of its stake in two mines in Zimbabwe, charging that disposed shares were held offshore, hence the justification to investigate them and determine if due procedure was followed. Rio Tinto disposed of its 78% stake in the Murowa diamond mine and also sold... 

Chinese solar systems group homing in on African prospects

By: Schalk Burger     8th April 2016 Chinese solar multinational Trina Solar will focus on the East, West and Southern Africa utility markets over the medium term, and notes that there is significant growth in emerging markets, specifically in Africa, says Trina Solar Africa sales manager Warren Pollard. Pollard is executing the... 

Joburg energy-storage firm eyes export prospects as Southern African installations rise

By: Mia Breytenbach     8th April 2016 Having completed more than a 100 installations of its locally produced lithium iron phosphate (LiFePO4) Freedom Lite range of batteries across Southern Africa, Johannesburg-based energy solutions provider Freedom Won aims to enhance its production capacity amid growing demand. The Freedom Lite... 

South African container trade under pressure, report shows

By: Irma Venter     8th April 2016 Although South African container trade started off with a bang in 2015, with the market growing by 7% during the first half of the year compared with the same period in 2014, the second half of 2015 saw a significant slowdown, recording a 1% decline. In fact, in the fourth quarter of 2015, the... 

Caledonia’s Blanket mine on course to produce 50 000 oz in 2016

By: Ilan Solomons     7th April 2016 Gold production from dual-listed Caledonia Mining’s 49%-owned Blanket mine, in Zimbabwe, increased 8.7% year-on-year for the three months to March 31.     About 10 822 oz of gold were produced during the quarter – an improvement on the 9 960 oz of gold produced by the mine in the same period in... 

Afgri eyes agricultural development for food security

By: Natasha Odendaal     7th April 2016 Having looked to quietly expand since delisting from the Johannesburg bourse two years ago, agricultural services and food processing company Afgri will turn its focus to supporting development and transformation in the agricultural sector in South Africa and beyond. The group, aiming to drive... 

Premier expects first RHA ore to reach surface this month

By: Natasha Odendaal     6th April 2016 Aim-listed Premier African Minerals expected first ore to surface from its RHA tungsten mine, in Zimbabwe, this month, as the re-equipping of the 120 m vertical shaft nears completion. “Re-equipping the 120 m existing vertical shaft at RHA has taken a little more time than was originally... 

Urgent probe for Zimplats after Panama Papers leak

By: News24Wire      6th April 2016 Impala Platinum and government officials in Zimbabwe will probe the alleged involvement of the company's Zimplats unit after leaked papers showed it used an offshore company to pay salaries of management in Zimbabwe. Fin24 reported on Monday that Zimplats had been implicated in the Panama Papers.... 

Revised draft standard for responsible mining released for 60-day review

By: Creamer Media Reporter      6th April 2016 The Initiative for Responsible Mining Assurance (IRMA) on Tuesday released the second and revised draft Standard for Responsible Mining for a sixty-day review and public comment period, ahead of the first-ever global certification programme for industrial-scale mine sites, planned to begin in... 

Responsible mining standards published ahead of global certification programme launch

By: Samantha Herbst     5th April 2016 The Initiative for Responsible Mining Assurance (IRMA) has published the second and revised draft of its Standard for Responsible Mining, which it released on Tuesday for public comment and a sixty-day review.The standard would form part of a multisector effort to certify the social and... 

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