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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

Goodyear South Africa attains Level 6 BBBEE Contributor Status

18th September 2020 Tyre and rubber manufacturer Goodyear South Africa has attained Broad-Based Black Economic Empowerment (BBBEE) Level 6 Contributor Status under the Amended Codes of Good Practice. This is an improvement on the Level 8 status it achieved in 2015. 

European benchmark ferrochrome price remains at $1.14/lb for the fourth quarter

18th September 2020 The European benchmark ferrochrome price for the fourth quarter has been settled at $1.14/lb, a rollover from the third quarter, JSE-listed Merafe Resources said on September 18. In July, Mining Weekly reported that the European benchmark ferrochrome price for the third quarter had been settled... 

Bokamoso Solar starts commercial operations

18th September 2020 Bokamoso Solar, situated near Leeudoringstad, in the North West province, has started commercial operations. The 67.9 MW solar photovoltaic (PV) power plant and several others currently under construction are expected to have put the North West on the map as a player in the renewable energy... 

Venture capital set for slowdown after record 2019 performance

18th September 2020 While South African venture capital (VC) investors may have seen a significant slowdown in deal activity this year as a result of measures implemented globally to contain the spread of Covid-19, the local VC landscape experienced record investment and exit activity in 2019. This is according... 

BMG launches new online platform

18th September 2020 Industrial products provider BMG, part Engineering Solutions Group (ESG), has launched its new online shopping platform – BMG Online – to make doing business in the industrial sector easier. “Although the planning, development and execution for our e-commerce shopping portal go back over two... 

Minerals Council welcomes call to rebuild the South African economy

18th September 2020 Industry body the Minerals Council South Africa has welcomed President Cyril Ramaphosa’s address this week announcing the further lifting of restrictions with the shift in the country’s Covid-19 status to Level 1 from September 20. The Minerals Council says it also shares the view of the... 

PAPE Fund 3 acquires 45% equity in DDS Group of Companies

17th September 2020 Midcap South African private equity fund PAPE Fund 3 has successfully acquired 45% of the equity in the DDS Group of Companies, an African beverage dispensing and refrigeration services provider. The DDS Group of Companies provide beverage dispensing and refrigeration services on behalf of the... 

Energy transition to have transformative effect on mining sector

17th September 2020 Climate change and environmental and social governance (ESG) will transform the energy industry risk landscape, said global advisory, broking and solutions company Willis Towers Watson at the launch of its yearly Mining Risk Review on September 17. It noted that this transformation was taking... 

Kibo settles convertible loan note, raises £1.45-million

17th September 2020 Coal and energy company Kibo Energy has settled all outstanding amounts due under the convertible loan note (CLN) announced on June 25, and has reached agreement with the holders of the CLN to terminate the CLN with immediate effect. Moreover, the company has undertaken a successful placing to... 

Kenmare safely relocates dredge as part of WCP B move

17th September 2020 LSE-listed Kenmare Resources has safely completed relocation of the dredge that forms part of the wet concentrator plant (WCP) B mining operation and its Moma titanium minerals mine, in northern Mozambique. Kenmare previously announced three development projects that together have the objective... 

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