http://www.engineeringnews.co.za
R/€ = 14.88 Change: -0.01
R/$ = 12.10 Change: 0.00
Au 1335.58 $/oz Change: -5.52
Pt 927.50 $/oz Change: -4.49
 

Topic

Vast acquires 23.75% economic interest in Zimbabwe mine

By: Simone Liedtke     20th April 2018 Aim-listed Vast Resources’ 25%-owned group company Dallaglio Investments has acquired a 95% interest in the Eureka gold mine, in Zimbabwe. Dallaglio acquired a 95% interest in Delta Gold Zimbabwe, which owns the Eureka mine, from Alpha Resources and the Industrial Development Corporation of South... 

Zimbabwe's parliament orders Mugabe to answer questions over diamonds

By: Reuters     20th April 2018 Zimbabwe's parliament has ordered former leader Robert Mugabe to answer questions next month about whether the state was deprived of $15-billion in diamond revenue, a legislator said on Friday. It will be Mugabe's first public appearance since last November when the army deposed him in a de facto... 

Illegal gold miners invade Grace Mugabe's farm amid legal dispute

By: Reuters     20th April 2018 A farm owned by Robert Mugabe's wife Grace is at the centre of a legal dispute after hundreds of illegal gold miners invaded parts of the property and started mining gold. A Reuters photographer saw hundreds of illegal miners digging for gold at the Smithfield citrus farm using picks and shovels,... 

Caledonia plans Zimbabwe expansion

By: Reuters     20th April 2018 Caledonia Mining plans to buy gold assets in Zimbabwe and increase its stake in the Blanket mine after the removal of the country's tough ownership rules. Keen to attract investment to revitalise the country's struggling mining industry and economy, Zimbabwe has revised its laws since the... 

Smuggling shenanigans of jumbo proportions

By: Martin Zhuwakinyu     20th April 2018 It must have been music to the ears of animal rights proponents and conservationists when the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) reported in October last year that significant gains had been made in the fight against elephant poaching on the... 

Missing $15bn diamond revenue – 'It's all lies,' says Mugabe

By: News24Wire      17th April 2018 Zimbabwe's former president Robert Mugabe has retracted his remarks over the alleged missing $15-billion diamond revenue amid investigations by the national assembly, according to a report. In a claim that's coming back to haunt him, the former Zimbabwe strongman said in 2016 that $15-billion... 

Moti Group is open to selling shares in Zimbabwe mine operation

By: Bloomberg     16th April 2018 The Moti Group will consider selling shares in its Zimbabwean chrome mining operations if the government pushes ahead with the proposal that has already met resistance from the country’s biggest platinum producer. Zimbabwean policymakers are debating a bill that will require mining companies to... 

Zimbabwe to sell shares in State-owned firms as part of reforms

By: Reuters     13th April 2018 Zimbabwe is looking to sell shares in 35 State-owned firms, including telecoms and mining entities in the latest step to revive the economy under new political leadership, Finance Minister Patrick Chinamasa said on Friday. President Emmerson Mnangagwa, who came to power in November after a de... 

Sense of optimism for greater industrialisation in Africa prevails – DTI

By: Simone Liedtke     13th April 2018 Regardless of barriers to trade between African countries, Department of Trade and Industry (DTI) African integration and industrial development chief director Nigel Gwynne-Evans believes there is currently a sense of far greater optimism among heads of State that these issues can be overcome.... 

Tim Stewart

     13th April 2018 This week we feature flexible packaging company MD Tim Stewart   

New Zimbabwe luxury boutique hotel to welcome guests from early 2019

By: Simone Liedtke     12th April 2018 Victoria Falls, in Zimbabwe, will soon boast a new luxury boutique hotel catering for a variety of guests to the region’s famous world heritage site. From early 2019, the new 199 all-suite Mbano Manor Hotel will offer a unique and nature-based travel experience for the global, high-end tourist,... 

Zimbabwe government buys Boeing planes, leases them to new airline

By: Reuters     12th April 2018 Zimbabwe has bought two Boeing 777 aircraft and an Embraer plane from Malaysia, the finance minister said on Wednesday, adding the planes would be leased to a new local airline until national carrier Air Zimbabwe returned to profitability. Patrick Chinamasa said Harare had agreed with an... 

Latitude takes stake in Zim project

By: Esmarie Swanepoel     12th April 2018 Junior explorer Latitude Consolidated has moved to acquire a 70% interest in the Mbeta lithium project, in Zimbabwe. Under the terms of the agreement, Latitude will pay the owner of the project $50 000 in cash on the signing of an agreement, as a non-refundable deposit. A further $50 000 will be... 

Mugabe to be summoned over diamond mining probe

By: African News Agency      11th April 2018 Former Zimbabwe President Robert Mugabe is to be summoned by a committee of lawmakers in Zimbabwe to testify at a parliament probe into lost revenue from diamond mining. The lawmakers plan to question Mugabe over his 2016 claim that the country had lost $15-billion (12.13-billion euros) in income... 

Senior govt officials, including Zim VP 'to appear before Parliament' about $15bn diamond scandal

By: News24Wire      10th April 2018 Several senior government officials have reportedly been summoned by Zimbabwe's parliamentary portfolio committee on mines and energy over the missing $15-billion diamond revenue. According to reports, former President Robert Mugabe, announced in 2015 that $15-billion of diamonds were spirited... 

Blanket Q1 output on par with Caledonia’s 2018 target

By: Marleny Arnoldi     9th April 2018 Southern Africa-focused exploration and development company Caledonia Mining’s 49%-owned Blanket mine, in Zimbabwe, produced about 12 924 oz of gold for the quarter ended March 31.  

Nigeria: Africa’s prime power development hotspot

     9th April 2018 Nigeria offers a wealth of power sector business opportunities, with industrialists actively seeking generation and distribution solutions to power their business growth. Paul Runge, Director Projects & Development Finance at research and consulting specialists Africa House, reports that his... 

Zimbabwe's biggest platinum miner says local listing won't work

By: Bloomberg     6th April 2018 Impala Platinum Holdings said Zimbabwe’s plan to compel mining companies to list the majority of their shares on the local exchange isn’t feasible and would impede operators’ ability to grow and invest in their assets. Lawmakers in the southern African nation are debating the measure as part of a... 

Free trade deal is much ado about nothing

By: Riaan de Lange     6th April 2018 It is the eightieth day of the year as I sit down to write this piece – the first full day of the sign of Aries. In case you are wondering, there are 285 days until the end of the year, and, in another 65 days, it will be Tax Freedom Day. It means that you will need to work up to May 25 to pay... 

Zimbabwe wants mining companies to list on local exchange

By: Bloomberg     5th April 2018 Zimbabwe wants mining companies operating in the country to list the majority of their shares on the local exchange, stirring uncertainty among investors as the nation with the world’s biggest platinum reserves after South Africa tries to bring in money to fix the economy. “No mining right or... 

Nigeria: Africa’s prime power development hotspot

     5th April 2018 Nigeria offers a wealth of power sector business opportunities, with industrialists actively seeking generation and distribution solutions to power their business growth. Paul Runge, Director Projects & Development Finance at research and consulting specialists Africa House, reports that his... 

Caledonia to benefit from higher Zim Export Credit Incentive

By: Simone Liedtke     4th April 2018 Exploration and development company Caledonia Mining expects to receive up to an additional $5.1-million in income this year, following an increase to 10%, from the previous 2.5%, in Zimbabwe’s Export Credit Incentive (ECI). The ECI increase was implemented in February. 

Prospect and Sinomine cement Zim lithium project agreement

By: Esmarie Swanepoel     4th April 2018 Gold and lithium developer Prospect Resources has cemented an agreement with Hong Kong-listed Sinomine Resources Exploration, which will see the development of the Arcadia lithium project, in Zimbabwe. The two companies in November inked a conditional placement and framework agreement under... 

Post-Mugabe Zimbabwe mining rush leaves big producers behind

By: Bloomberg     3rd April 2018 While Zimbabwe’s leadership change has sparked a race for the nation’s mineral riches among entrepreneurs and tiny explorers, big-name mining companies are taking a wait-and-see approach. New President Emmerson Mnangagwa has a lot to prove as he seeks to revive the economy and attract mining... 

Masisi to lead Botswana as Khama steps down after decade

By: Bloomberg     2nd April 2018 Ian Khama, a former army general who’s led Botswana for the past decade, will step down on Sunday, leaving his deputy Mokgweetsi Masisi in charge of the world’s second-biggest diamond producer until next year’s elections. While Masisi, 55, will inherit one of Africa’s wealthiest and... 

Winnie Madikizela-Mandela dies age 81

By: African News Agency      2nd April 2018 Winnie Madikizela-Mandela, aged 81, has died on Monday, a Mandela family spokesperson confirmed. The South African politician and anti-apartheid activist died on Monday, at the Netcare Milpark Hospital, Johannesburg, after a long illness, for which she had been in and out of hospital since the... 

Listeria class action filed against South Africa's Tiger Brands

By: Reuters     29th March 2018 A class action lawsuit was filed on Thursday against South Africa's Tiger Brands, after one of its food factories was linked to a listeria outbreak that has killed 180 people since early 2017, the lawyer running the case said. Richard Spoor, a human rights advocate who previously masterminded a... 

Nampak mulls sale of glass business

By: Simone Liedtke     29th March 2018 JSE-listed packaging company Nampak plans to dispose of its glass business, as market demand exceeds the operation’s capacity to supply products, given ongoing production limitations. Progress within the business has not been as fast as desired and it is expected to make a loss for the half year... 

Increasing mining services in Africa key to industry's long-term sustainability

By: Anine Kilian     27th March 2018 Increasing the demand for mining goods and services is necessary to grow this industry in Africa, Southern African Development Community (SADC) industrialisation adviser Seth Akweshie said on Tuesday. Most inland developments in Africa have been established owing to nearby mining activities, he... 

Africa needs private investment to meet energy needs – Radebe

By: Simone Liedtke     27th March 2018 The cost of meeting sub-Saharan Africa’s power demand has been estimated at about $14-billion a year and cannot be met by public funding alone. Although public utilities have historically been the major sources of funding for new power generation capacity, South African Energy Minister Jeff... 

Effective supply chains give mines a competitive advantage

By: Anine Kilian     27th March 2018 Effective procurement and supply chains can be a key competitive advantage for mining businesses operating in Africa, CGC Consulting Services CEO Clive Govender said at the Cross-Border Mining Services Indaba, in Johannesburg, on Tuesday. “A good supply chain is key for reducing poverty,... 

Zimbabwe focuses on policy certainty to revive mining investment

By: Anine Kilian     26th March 2018 The Zimbabwean government is committed to ensuring mining policy certainty to win back investment and revive the industry, Mining and Mining Development Minister Winston Chitando said at an investor seminar in Johannesburg. Addressing delegates at the Harare Indaba, on Monday, he said that the... 

SADC Ministers meet in Pretoria with focus on industrialisation

By: African News Agency      26th March 2018 The Southern African Development Community (SADC) Council of Ministers meeting in Pretoria should explore ways of cooperating to intensify industrialisation in the region to boost economic growth, South Africa’s Minister of International Relations and Cooperation Lindiwe Sisulu on Monday. Sisulu,... 

Stabila sets the standard for measuring tools in the construction sector

     23rd March 2018 Stabila measuring tools are well-known in the global construction industry for their precision, long life, and high quality. These premium German products are distributed locally by Upat SA (Pty) Ltd. Upat National Product Specialist Charl Weber comments that construction industry professionals... 

Premier appoints financial adviser for Zimbabwe mine

By: Simone Liedtke     23rd March 2018 Emerging tungsten producer Premier African Minerals has appointed London-based financial consultant Brandon Hill Capital as financial adviser to assist the company with regards to the funding and development of the Zimbabwe-based RHA tungsten mine, in which Premier has a 49% interest and is the... 

Tyrexpo Africa 2018: Africa’s gateway to the continent’s Tyre Community coming in April 2018

     23rd March 2018 Over 2,500 international, regional and local tyre manufacturers, OEMs, distributors, dealers, retailers fleet operators and garage owners will convene at Tyrexpo Africa (co-located with GarageXpoAfrica), to be held at the Gallagher Convention Centre Hall 2, Johannesburg on 10 – 12 April 2018 The... 

Top trade show makes South Africa the focus for a continent’s import and export future

     23rd March 2018 SAITEX 2018 brings key business and government leaders from around the world together at Africa’s largest product sourcing and trade show in Johannesburg Africa’s biggest event for exporters and importers of products from around the world is forecast to be the most successful in 25 years... 

Early days, but some SA firms responding to Zimbabwe’s open-for-business pledge

By: Martin Zhuwakinyu     23rd March 2018 Robert Mugabe may no longer be at the helm of Zimbabwe Inc, but the mess he created over his 37-year rule remains – the country’s infrastructure is, for the most part, in a sorry state, its economy is moribund and unemployment has reached ridiculously high levels, with figures as high as 90%... 

First
Prev
1
2 3 4 5 6 7 8 9 Next Last

Latest News

more

Latest Videos

more

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Now for $119 Close