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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

Ethos Al Fund invests R200-million into TymeBank

10th June 2019 Empowerment investment holding company African Rainbow Capital (ARC) and alternative asset manager Ethos Private Equity have jointly announced an investment of R200-million by the Ethos Artificial Intelligence (AI) Fund and co-investors – jointly referred to as the Ethos Al Fund – in recently... 

NEPI approved for a secondary listing on A2X Markets

10th June 2019 Europe-focused retail property owner NEPI Rockcastle (NEPI) has been approved for a secondary listing on A2X Markets and its shares will be available for trade on A2X from June 19. NEPI is a FTSE JSE Top 40 constituent with a market cap of over R72-billion. 

City of Johannesburg unveils revamped air quality monitoring station

10th June 2019 The MMC for Environment and Infrastructure Services in the City of Johannesburg (CoJ), Councillor Nico de Jager, last week officially relaunched the newly revamped Air Quality Monitoring station, in Orange Farm, south of Johannesburg. This event formed part of the World Environment Week. It was... 

Avesoro cuts output guidance, warns of higher costs

10th June 2019 West African gold producer Avesoro Resources has revised donwward its production guidance for this year to between 180 000 oz and 200 000 oz, compared with previous guidance of between 210 000 oz and 230 000 oz. CEO Serhan Umurhan noted in a statement issued on Monday that the company had, during... 

Asia demand to prop up growth in the global gas industry

7th June 2019 Global demand for natural gas is set to keep growing over the next five years, driven by strong consumption in fast-growing Asian economies and supported by the continued development of the international gas trade, the International Energy Agency (IEA) says. Demand for natural gas grew by 4.6% in... 

Finnish agency orders audit firm to probe Afarak’s accounts for certain financial periods

7th June 2019 The Regional State Administrative Agency of Southern Finland has ordered audit firm Idman Vilån Grant Thornton Oy, with Chartered Accountant Jussi Savio as principal auditor, to conduct a special audit of LSE-listed Afarak Group’s administration and accounts for various financial periods.... 

Copper anomaly identified at ABM’s Kisinka project

7th June 2019 Aim-listed African Battery Metals on Friday reported the identification of a copper anomaly related to the undifferentiated roan horizons passing through the length of its Kisinka copper/gold licence area in the Democratic Republic of Congo (DRC). In a statement on Friday, African Battery Metals... 

Record 24.98 ct diamond recovered at Kareevlei

7th June 2019 Aim-listed BlueRock Diamonds has recovered its largest diamond to date, a 24.98 ct gem-quality diamond. This diamond, which was recovered from its Kareevlei diamond mine, near Kimberley, in South Africa’s Northern Cape, would shortly be put to tender. 

TNPA provisionally lifts ban on marine activities at Durban port

7th June 2019 Transnet National Ports Authority (TNPA) has provisionally lifted its suspension of fishing, commercial diving and other marine activities in the Port of Durban. The ban was put in place in early May after sewage flowed into the port from the eThekwini municipality’s sewer reticulation system. 

Kibo marks progress at Benga project

7th June 2019 Africa-focused Kibo Energy is continuing to advance the development of its Benga power plant project, in Mozambique. The company has completed an independent base case financial model and initial findings have demonstrated the economic robustness and viability of Benga under a base case... 

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