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Tasneem Bulbulia

Tasneem Bulbulia

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

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Acacia agrees to Barrick’s request to extend PUSU deadline

18th June 2019 African gold miner Acacia Mining has agreed to its parent company Barrick Gold’s request for an extension to the ‘put up or shut up’, or PUSU, deadline to July 9. The previous deadline was June 18. 

Metso mulls potential closure of South African foundry

18th June 2019 Global industrial company Metso is considering the potential closure of, or other alternatives for, its foundry operation in Isithebe, in KwaZulu-Natal, South Africa. The Isithebe foundry produces metallic wear part castings for the mining and aggregates industries and employs about 200 people. 

Index points to mild uptick in building confidence in second quarter

18th June 2019 Following a decline for the last two quarters, and after having reached an eight-year low of 25 in the first quarter, the First National Bank (FNB)/Bureau for Economic Research Building Confidence Index rose by four points to 29 in the second quarter. “While confidence is marginally higher, it... 

SBI launches scorecard to measure South Africa’s business performance

18th June 2019 The Small Business Institute (SBI) is launching a new scorecard, the SBI Index Tracker, to measure South Africa’s performance relative to other countries in terms of the ease of doing business and other metrics. The SBI Index Tracker measures South Africa’s business environment across the... 

Vast getting closer to mining diamonds at Zimbabwe concession

18th June 2019 A road map to finalise agreements that will enable Aim-listed Vast Resources to mine for diamonds on the Heritage concession, in Zimbabwe, has been established. This follows after meetings between the company’s senior management, local community leaders and parastatal Zimbabwe Consolidated... 

Kamoa-Kakula development progressing well

18th June 2019 TSX-listed Ivanhoe Mines says it is making “excellent progress” on the construction of the Stage 1 six-million-tonne-a-year Kamoa-Kakula copper mine, in the Democratic Republic of the Congo (DRC). After China-based Citic Metal agreed to invest an additional $459-million in Ivanhoe, the pace of... 

Salga appoints new president

14th June 2019 The South African Local Government Association’s (Salga's) National Executive Committee has appointed Councillor Thembisile Nkadimeng as president of the association.  She succeeds former Salga president Parks Tau, who has been appointed Deputy Cooperative Governance and Traditional Affairs... 

Mergence’s investment in Namibian solar plant signals further localisation

14th June 2019 Local asset manager Mergence Unlisted Investment Managers (Namibia) has bought a majority stake in the 6 MW Momentous Solar One plant, near Keetmanshoop, in Namibia. “The purchase of a majority stake in the Keetmanshoop project signals a positive trend to localisation of the industry – a solar... 

AMIE calls on government to lead formulation of a national poultry strategy

14th June 2019 The right of South Africans to access a prime source of dietary protein must outweigh the factional interests of sectors of the poultry producing industry, the Association of Meat Importers and Exporters (AMIE) said on Friday, when it called on government to arbitrate in the brewing tariff battle... 

Reviving South Africa’s economy requires active involvement by all citizens – Neasa

14th June 2019 National Employers’ Association of South Africa (Neasa) CE Gerhard Papenfus has called on all South Africans to create the environment they envision, instead of waiting on government to ensure a conducive climate for greater economic growth. Papenfus says it is possible that the ideal environment... 

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