https://www.engineeringnews.co.za
R/€ = 18.07 Change: -0.01
R/$ = 14.98 Change: -0.05
Au 1715.52 $/oz Change: -6.49
Pt 1191.00 $/oz Change: 13.00
 

Donna Slater

Donna Slater

Donna Slater is a Creamer Media Contributing Editor and Chief Photographer for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

IDC extends MC Mining's loan repayment date

10th February 2021 The Industrial Development Corporation (IDC) of South Africa has extended the date by which coal miner MC Mining is to repay two loan facility drawdowns of R160-million to July 31. MC Mining initially used R120-million of a R240-million IDC facility to progress the Makhado project to fully... 

V-shaped economic recovery to help surface miners recover, says economist

9th February 2021 With signs of a V-shaped economic recovery, economist Dr Roelof Botha says the surface mining industry will recover in line with hard lockdown’s ending and increased demand for building materials. Speaking during a recent 250 member attended webinar on behalf of surface mining industry... 

Sasol, GrnCat welcome success of solution to recover wax from spent catalysts

9th February 2021 In keeping with its goal of responsible production and consumption, petrochemicals and chemicals manufacturer Sasol and waste management company GrnCat, have partnered on the recovery ofwax from spent catalysts. Since the GrnCat plant was commissioned in 2018, Sasol has recovered and reused more... 

Danfoss merges heating, cooling businesses to tackle climate change

9th February 2021 Electronics and technological solutions company Danfoss has changed its group structure to combine the heating and cooling segments into Danfoss Climate Solutions in an effort to intensify its focus on the “green agenda” in attractive global markets. The company notes that “everywhere in the... 

Hydrogen growth to continue as energy users increasingly look to green technology

9th February 2021 Following a surge in stock prices throughout 2020, the growth of the hydrogen energy sector looks set to maintain momentum throughout this year, financial services firm finnCap’s new quarterly energy report for the first quarter of 2021 states. The report, titled 'Hydrogen − this time it's for... 

AngloGold to report higher full-year earnings

9th February 2021 Gold miner AngloGold Ashanti reports that its headline earnings for the year ended December 31, 2020, are expected to be between $962-million and $1.03-billion, with headline earnings per share (HEPS) to be between $2.29 and $2.47. Headline earnings and HEPS for the 2019 financial year were... 

Third quarter exports grow as economies recover – TIPS

8th February 2021 South Africa’s exports have benefitted from the recovery of the Chinese economy and rising global demand for commodities, such as precious stones, which has led to growth exceeding pre-Covid-19 lockdown levels during the third quarter of 2020, Trade and Industrial Policy Strategies' (TIPS's)... 

Fitch Solutions raises lead price forecast

8th February 2021 Amid improving market fundamentals, financial risk management, solutions and insights company Fitch Solutions Country Risk and Industry Research (Fitch Solutions) has revised its 2021 lead price forecast upwards to an average of $1 950/t from its previous forecast of $1 900/t. The firm notes... 

Lighting energy saving app developed to save costs

8th February 2021 The South African German Energy Programme (Sagen), implemented by the German development agency Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and the South African National Energy Development Institute (SANEDI) have launched a new application (app) to improve investment decisions... 

Healthy PGM-derived dividends ahead, capital investments to be limited – RMB

8th February 2021 The financial results of platinum group metals (PGM) and iron-ore miners, which are due to be published in the month ahead, are expected to reveal healthy dividends for shareholders and a strong rise in taxes paid to the fiscus, but little in the way of capital investment in South Africa,... 

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
Free daily email newsletter Register Now
Register Close