R/€ = 16.61 Change: 0.00
R/$ = 14.78 Change: 0.03
Au 1341.09 $/oz Change: -13.83
Pt 795.10 $/oz Change: -18.99


Top trends energising Africa’s power sectors

By: Creamer Media Reporter      12th June 2019 An optimal energy mix for Africa relies on a variety of generation technologies. In fact, in a 2015 report McKinsey estimated that if every country in Africa had to build to meet their current electricity demand, the region would require about $490 billion of capital for new generating capacity –... 

Russia’s latest great game in Africa: energy

By: African News Agency      10th June 2019 Vladimir Putin has made no secret of his intention to return Russia to its previous glory as a world power by all means available to him, not least of which has been military aggression such as in Crimea. But on the African continent, where Russia has no colonial hangover like Europe or the... 

Lucapa launches next phase Lulu kimberlite search

By: Creamer Media Reporter      6th June 2019 Australia-based Lucapa Diamond Company has launched a $3.3.-million, 12-month exploration programme to locate the kimberlite source of the high-value alluvial diamonds that it currently mines at the Lulo mine, in Angola. The programme is based on a technical review of Lulo kimberlite exploration... 

Pensana raises $5m for Longonjo PFS

By: Creamer Media Reporter      4th June 2019 ASX-listed Pensana Metals has raised $5-million through the private placement of 250-million shares at $0.02 a share. The funds will be spent on the prefeasibility study (PFS) into the development of its Longonjo neodymium/praseodymium (NdPr) project, in Angola. 

Lulo diamonds sell for $10m

By: Tasneem Bulbulia     3rd June 2019 ASX-listed diamond miner Lucapa on Monday announced that its latest sale from the Lulo alluvial mine, in Angola, had achieved gross revenues of $10-million, representing an average price of $1 800/ct. This took total half-year sales of Lulo diamonds to $22.1-million, achieving an average price of... 

African Transport Operations Agency (ATOA)

31st May 2019 Specialising in cross-border transportation to African countries, African Transport Operations Agency (ATOA) provides expert solutions and services to the trade and transport industry. Based in Cape Town, South Africa, ATOA moves cargo throughout Africa by road, sea, air or multimodal freight. 

Dope-free tech used in three stand CRA pipes’ first run

31st May 2019 Stainless steels developer and manufacturer Sandvik’s SAF 2507 corrosion resistant alloy (CRA) pipes were used with dope-free technology to conduct the first ever run of CRA tubes in stands of three pipes (triples). The pipes were used by an international operator in a project involving wells to... 

As resistance to plastic bottles mounts, Nampak offers cans and cartons as alternatives 

By: Terence Creamer     30th May 2019 Packaging group Nampak believes there is a significant opportunity to replace plastic bottles, particularly those used for noncarbonated and carbonated water, with aluminium beverage cans and paperboard cartons as consumer resistance to plastic grows. The JSE-listed company, which reported... 

Brazilians score following African Utility Week

By: Kim Cloete     28th May 2019 Brazilian companies are expected to generate business of $5.3-million over the next year as a result of the recent African Utility Week and PowerGEN Africa conference and exhibition. The Brazilian Trade and Investment Promotion Agency, Apex-Brasil, in partnership with the Brazilian Association of... 

Pensana Metals questions rare earths price surge in China

By: Marleny Arnoldi     27th May 2019 Neodymium prices surged towards $50 000/t on the Sanghai Metal Market on Friday, as rare earths hit centre stage in China’s trade dispute with the US, ASX-listed Pensana Metals said in a statement on Monday. The company added that the price surge followed a public visit by Chinese President Xi... 

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