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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

Goldplat puts Kilimapesa mine on care and maintenance

31st May 2019 Aim-listed gold producer Goldplat has put its Kilimapesa mine, in Kenya, on care and maintenance while it seeks external funding to further develop the operation. In the meantime, it continues to engage with stakeholders, including large creditors and employees, as well as with parties that have... 

Northam secures a further R1bn in funding

31st May 2019 JSE-listed Northam Platinum has increased its existing revolving credit facilities (RCF) by R500-million, from R3-billion to R3.5-billion; and has also secured a new R500-million general banking facility (GBF). The maturity date of Northam’s existing R1-billion RCF has been extended to match that 

Standard Bank shareholders vote for disclosure on lending to coal projects

31st May 2019 In a first for South Africa, climate-conscious shareholders of Standard Bank have compelled the bank to adopt and publicly disclose a policy on lending to coal-fired power projects and coal mining operations. Fifty-five per cent of shareholders in attendance at the bank’s annual general meeting... 

Lower production to cut Wescoal’s full-year earnings

31st May 2019 Lower production and lower sales volumes have contributed to a decrease in JSE-listed Wescoal’s headline earnings per share (HEPS) and earnings per share (EPS) for the financial year ended March 31. The group, which will release its results on June 25, on Friday said it expected its HEPS to be... 

Richards Bay storage facility to bolster reliability of LPG supply

31st May 2019 Bulk liquid storage operator Bidvest Tank Terminals’ (BTT’s) R1-billion mounded liquefied petroleum gas (LPG) storage facility in Richards Bay, KwaZulu-Natal, is set to house the largest tanks in the world and is expected to greatly enhance LPG supply in Southern Africa once completed, the... 

Company uses macadamia nut shells to purify water

31st May 2019 Kusini Water has developed a locally designed solar-powered water purification system that uses an activated carbon filter made from locally sourced macadamia nut shells and that is being used to meet the water needs of schools and communities in South Africa.   The system was developed by... 

Richards Bay storage facility to bolster reliability of LPG supply

31st May 2019 Bulk liquid storage operator Bidvest Tank Terminals’ (BTT’s) R1-billion mounded liquefied petroleum gas (LPG) storage facility in Richards Bay, KwaZulu-Natal, is set to house the largest tanks in the world and is expected to greatly enhance LPG supply in Southern Africa once completed, the... 

Fatality at Harmony’s Nyala shaft

30th May 2019 A Harmony Gold employee died in an engineering-related accident at the company’s Nyala hoisting shaft, situated near the Phakisa operation, in the Free State, on Wednesday night. An investigation into the accident is under way. 

Barometer aims to effect employee-centred benefits

30th May 2019 To create financial wellbeing for individuals and their families, it must be contextualised in an environment where a primary focus is placed on creating both a wellbeing economy and a wellbeing corporation, Alexander Forbes says. Its ‘Benefits Barometer 2018’ report, which was released on... 

Features in South Africa grocery sector may hamper competition, inquiry finds

29th May 2019 The Competition Commission's Grocery Retail Market Inquiry found that there are features in the South African grocery retail sector that may prevent, distort or restrict competition, panel member Lulama Mtanga said on Wednesday. The Grocery Retail Sector Market Inquiry was established on October... 

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