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Mining Charter III provisions seen by some as too onerous for junior miners 

By: Nadine James     24th May 2019 There should be a new regulatory regime for juniors – one that adheres to the spirit of Mining Charter 3, but which introduces reasonable and achievable transformation and procurement targets relative to the size and financial constraints of junior and emerging miners, says Eversheds Sutherland... 

Embattled sector necessitates cost containment measures – AfriSam

By: Simone Liedtke     24th May 2019 With the South African construction industry remaining under pressure and in a state of accelerated decline, the need to contain costs continues and correct specification of construction materials remains critical. Construction materials company AfriSam construction materials executive Avi Bhoora... 

Huawei’s market share surges despite smartphone shipment slump

By: Natasha Odendaal     24th May 2019 Despite a “deeper” decline – for the sixth consecutive quarter – of smartphone shipment volumes during the first quarter of 2019, Chinese brand Huawei has accelerated its sales, surpassing Apple as the number two in terms of market share worldwide. Market intelligence and advisory services firm... 

India’s SCCL developing greenfield underground coal mine

By: Ajoy K Das     23rd May 2019 Moving against a general trend among Indian miners of closing down underground mines, State-run Singareni Collieries Company Limited (SCCL) has started work on developing a new underground mine in the southern state of Telangana. SCCL will develop the Kalyani Khani-6 Incline block in Telangana... 

Ariana’s Kiziltepe reports solid start to 2019

By: Simone Liedtke     20th May 2019 Turkey-focused explorer and developer Ariana Resources on Monday reported that its Kiziltepe project produced 7 296 oz of gold during the quarter ended March 31, 2019, reflecting a solid start to 2019. Kiziltepe is part of the Red Rabbit joint venture with Proccea Construction and is 50%-owned by... 

Indian electricity regulator revives compensatory facility for coal-importing power companies

By: Ajoy K Das     20th May 2019 The Indian electricity regulator has amended rules to revive an erstwhile window through which domestic thermal power generation companies were able to claim compensation for the additional costs of importing coal in the case that State-miner Coal India Limited’s (CIL’s) failed to meet supply... 

Palladium boom gives South African miners only temporary reprieve

By: Reuters     17th May 2019 A surge in palladium prices has thrown struggling South African mining companies a lifeline. But it may not be enough. Besides patchy power supplies and high labour costs, South African miners are saddled with ore that typically produces twice as much platinum as palladium - just at a time a... 

An 18 000% gain is no longer a reason to abandon London's Aim

By: Bloomberg     16th May 2019 AIM, once seen as a stepping stone for hundreds of small companies wanting to list on the exchange’s main market, has been trying for years—decades even—to get past its reputation as a volatile venue where corporate blowups are commonplace. And for many investors and companies, it’s succeeded. A... 

Edenville restarts activities at Rukwa after securing funding

By: Tasneem Bulbulia     14th May 2019 Aim-listed Edenville Energy has recently received the proceeds of £100 000 from a share placement and expects to receive the net proceeds from a conditional offer to raise a further £410 000 shortly and has, therefore, restarted a number of activities at its Rukwa coal project, in south-west... 

Making Roads And Bridges Last Longer With Afrisam

13th May 2019 Construction materials leader AfriSam leverages the power of applied research to make roads, bridges and other concrete structures more resistant to corrosive environments. Among its long term research is a project assessing the effects of highly corrosive environments on concretes, and how... 

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