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Inequalities hamper remote learning in S Africa – UCT study

By: Sane Dhlamini     23rd September 2020 A recent University of Cape Town study has revealed that technical and vocational education and training students are faring worse than university students in terms of internet access for remote learning. The study was conducted by researchers Dr Nicola Branson, Emma Whitelaw and Samantha... 

Mining well placed to maintain healthy profits despite pandemic impacts, says Stanlib 

By: Marleny Arnoldi     18th September 2020 Asset manager Stanlib says the scars from a blow-out of corporate bond yields and indebted miners finding themselves on the brink of collapse have ultimately introduced good balance sheet and operational discipline into the sector. This included rationalising growth plans and consolidating... 

Sibanye Gold exercises option on $450m convertible bonds

By: Donna Slater     18th September 2020 Precious metals miner Sibanye-Stillwater’s wholly-owned subsidiary Sibanye Gold on September 18 exercised its option on its $450-million, 1.875 per cent convertible bonds due 2023 in line with the terms and conditions to redeem all outstanding bonds on October 19 at their principal amount. This... 

Increasing the life of concrete for sustainable built environments

By: Creamer Media Reporter      17th September 2020 Over the years, built-environment professionals have increasingly turned their efforts towards improving the durability traits of concrete to construct longer lasting structures for sustainable built environments. Fire resistant and durable, concrete enables the construction of buildings and... 

First Quantum launches $1bn debt offering

By: Creamer Media Reporter      17th September 2020 Base metals miner First Quantum Minerals has launched $1-billion of senior unsecured notes due in 2027. The company will use the gross proceeds from the sale of the notes to repay the $575-million principal amount under its existing revolving credit facility and for the redemption of... 

Kodal receives £654 000 in proceeds from now completed ESA

By: Donna Slater     7th September 2020 Investors of lithium and gold explorer and developer Kodal Minerals, including Riverfort Global Opportunities and YA II PN, have sold all the ordinary shares of 0.03125p each in the company issued to them under the terms of an equity sharing agreement (ESA). This has concluded the ESA and... 

Gold reserves growth dwindling globally

By: Marleny Arnoldi     4th September 2020 Research agency Standard & Poor’s (S&P's) Global Market Intelligence says major gold miners globally have seen their economically mineable gold reserves decline over the last decade, owing to a lack of new discoveries and a shift away from growth strategies to margin preservation. With top... 

SA business owners reluctant to incur more debt under current economic conditions – Basa

By: African News Agency      24th August 2020 Business owners are reluctant to incur more debt while uncertain business conditions and a weak economic outlook hampers their ability to generate sustainable income from which they can repay the loans, the Banking Association of South Africa (Basa) said on Sunday. Despite uncertain business... 

Qld announces Covid recovery plan

By: Esmarie Iannucci     20th August 2020 The Queensland Resources Council (QRC) on Thursday welcomed the state government’s commitment to strengthen the resources sector’s role as Queensland moved to recover from the Covid-19 pandemic. Premier Annastacia Palaszczuk unveiled a A$7-billion Covid-19 recovery plan to support health... 

Aspasa takes action against dodgy concrete lab test results

By: Marleny Arnoldi     20th August 2020 The Aggregate and Sand Producers Association of South Africa (Aspasa) has hosted an urgent meeting of its technical committee to address inaccurate and procedurally incorrect laboratory tests that are costing the sand and aggregate industry millions of rands every year. Aspasa director Nico... 

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