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Tasneem Bulbulia

Tasneem Bulbulia

Tasneem Bulbulia is a Creamer Media Senior Online Writer for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Coal production from top mining companies to increase in 2021, says GlobalData

9th April 2021 Coal production from the top world's ten mining companies fell from a collective 1.70-million tonnes in 2019 to 1.63-million tonnes in 2020, which is a 4.2% decline. The most significant declines were observed from Arch Resources (28.6%), PT Bumi (24.9%), Glencore (23.9%) and Peabody (21.8%),... 

Barrick raises its GHG reduction target to 30% by 2030

8th April 2021 Gold major Barrick Gold Corporation has raised its greenhouse-gas emissions target to 30% by 2030, from 10% previously, its 2020 Sustainability Report, published on April 8, shows. CE Mark Bristow notes that the company's ultimate aim is to achieve net zero emissions by 2050. 

Yearly rate of contraction in manufacturing production eased in February

8th April 2021 The yearly rate of contraction in manufacturing production in South Africa eased to 2.1% in February from a downwardly revised 4.2% in January. Financial institution Nedbank notes that this was much worse than both the bank’s and Reuters consensus forecast of -0.4%, suggesting a much slower than... 

Industry leaders committed to transformation, barometer shows

8th April 2021 The first African Financial Industry Barometer, developed by Deloitte in partnership with the Africa CEO Forum, reveals how, in the exceptional context of the Covid-19 pandemic, financial institutions operating in Africa are undertaking a transformation of their business model, governance and... 

NDB approves $1bn loan to South Africa to support economic recovery

8th April 2021 Finance institution the New Development Bank (NDB) on April 2 approved a $1-billion Covid-19 Emergency Program Loan to the South African government to support the country’s economic recovery from the Covid-19 pandemic. The loan will be used to support the government in its efforts to contain the... 

Kore to raise $11m

8th April 2021 Potash exploration and development company Kore Potash intends to raise about $11-million, before expenses, by way of an unconditional placing, a conditional placing and direct subscriptions of new ordinary shares in the company with certain eligible existing shareholders and new institutional... 

Trilogy Metals to undertake more than 14 000 m of drilling at its UKMP this year

8th April 2021 TSX-listed Trilogy Metals reports that activities at its Upper Kobuk Mineral Projects (UKMP) for the 2021 field season will include 7 600 m of drilling at the Arctic project, with the focus on extracting additional material for metallurgical work and for the conversion of mineral resources into... 

Alfeco Group acquires Hulamin’s Gauteng aluminium extrusions business

7th April 2021 Integrated South African metals company Alfeco Group has recently acquired the Hulamin Extrusions plant, in Olifantsfontein, Midrand. The extrusion assets, which are now part of Alfeco’s new aluminium division, with a design capacity of 20 000 t/y, have been renamed Veer Aluminium. 

Afroteq Advisory warns against Covid-19 complacency in the workplace

7th April 2021 It is vital for South Africans to continue to implement health and safety protocols in the workplace until the majority of people have been vaccinated, says advisory and training services company Afroteq Advisory Occupational Health Department head Robert Palmer. He points out that many people... 

BlueRock issues new shares to repay loan to former CEO

7th April 2021 Aim-listed BlueRock Diamonds has issued 61 013 ordinary shares at a price of £0.43 a share to part satisfy the payment of interest and repayment premium in accordance with the terms of the original loan agreement between the company and its former CEO Adam Waugh. The loan has now been repaid in... 

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