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Hedge funds bet against copper for first time in three years
Hedge funds bet against copper for first time in three years
29th May 2023 By: Bloomberg

Hedge funds are betting against copper on the London Metal Exchange for the first time since the early months of the pandemic — a sharp reversal from just weeks earlier after China’s disappointing... 


Low-friction bearings reduce energy losses in free-stream turbines
26th May 2023

A hydro turbine company based in Portland, Maine, USA, has chosen Vesconite Bearings’ lowest-friction material for the thrust bearings on its free-stream turbines. The material, Vesconite... 


Simpler aeration pump design reduces maintenance requirements
26th May 2023

There are times when a simple pump design and less maintenance are preferred by pump users, especially in messy dirty wastewater applications. Such was the case with one wastewater plant operator... 


Image of Kusile power station, in Mpumalanga, South Africa
Kusile power plant project, South Africa – update
26th May 2023 By: Sheila Barradas

South African State-owned power utility Eskom is uncertain about the cost of permanent repairs needed at the Kusile coal-fired power station. 


Aluminium cans
Nampak to reduce salaries, headcount in 12-month rightsizing
24th May 2023 By: Schalk Burger

JSE-listed packaging company Nampak has instituted a vacancy freeze, will reduce headcount across the entire organisation, will reduce its head office and has reduced absolute salaries to stabilise... 


An image showing the nursery and vegetable garden at Emira's Wonderpark shopping centre
Sustainability initiatives bearing fruit at Emira’s Wonderpark centre
23rd May 2023 By: Tasneem Bulbulia

Diversified real estate investment trust (Reit) Emira Properties has implemented several community, social and environmental projects at its regional Wonderpark shopping centre property in... 


SKF South Africa deploys local design and manufacturing capabilities to deliver a turnkey bearing and housing solution for a ball mill in North West Africa  
19th May 2023

When SKF South Africa was approached by a key customer to assist with a bearing and housing selection for a ball mill that is being produced for a site in North-West Africa, the bearing and... 


A sheet of platinum bullion bars with one solitary gold bar on top
Coal, platinum of most interest in growing junior space
19th May 2023 By: Halima Frost

Junior miner-generated revenue in 2022 proportionally exceeded that of other South African mining-generated revenue, according to Minerals Council South Africa junior and emerging miners desk lead... 


Cesa looking to build on efforts
18th May 2023 By: Tasneem Bulbulia

Industry body Consulting Engineers South Africa (Cesa) has achieved some progress as it looks to further develop and professionalise the industry and engineers; however, efforts must still be... 


Dipula achieves strong interim results despite macroeconomic factors
17th May 2023 By: Tasneem Bulbulia

JSE-listed diversified real estate investment trust Dipula Income Fund says it achieved robust results for the six months ended February 28, despite South Africa’s macroeconomic environment having... 


Gold looks 'best hedge' as debt-ceiling angst builds, RBC says
Gold looks 'best hedge' as debt-ceiling angst builds, RBC says
12th May 2023 By: Bloomberg

Mounting fears over the US debt ceiling crisis will benefit gold as investors brace for potential chaos in financial markets, according to RBC Capital Markets. Hopes for a deal to avert a... 


Image of gold dust
Bird in Hand gold project, Australia – update
12th May 2023 By: Sheila Barradas

The Governor of South Australia has issued a proclamation, preventing future mining applications at the Bird in Hand gold project. 


Kavango begins drilling campaign at KSZ North in Botswana
10th May 2023 By: Darren Parker

Southern Africa-focused metals exploration company Kavango Resources has announced the start of a drilling campaign on its Kalahari Suture Zone (KSZ) North project, in Botswana. On May 10, the... 


Kingsgate continues apace at Chatree
10th May 2023 By: Esmarie Iannucci

Gold miner Kingsgate Consolidated on Wednesday told shareholders that production from Plant #2 at its Chatree gold mine, in Thailand, was performing above nameplate capacity, while work has now... 


Wacker Neuson distributors, AFGRI and Maucal Mining & Minerals, give the all-electric EZ17e excavator the thumbs up
10th May 2023

Wacker Neuson’s decision to introduce its all-electric EZ17e to the Southern African market was driven by the feature-rich mini-excavator’s ability to meet the efficiency, productivity, and... 


Cholera outbreak shines light on poor plumbing risk
5th May 2023

It is just a matter of time before South Africa experiences a very serious outbreak of cholera and other waterborne pathogens, such as salmonella, typhoid and hepatitis. This is considering the... 


TAKING OFF
The power take-off (PTO) gearboxes, planter bearings and agricultural chains help farmers to increase productivity and efficiency in the field
Company boosts productivity, lessens environmental impact
5th May 2023 By: Simone Liedtke

Bearings and power transmission supplier Bearings International is staying up to date with emerging trends and technologies in the agriculture industry by incorporating this knowledge into its... 


The Number of Fatal Truck Crashes on South Africa's Major Roads is Unacceptable
28th April 2023

By Dumisani Nkabinde Trucks, and the freight they carry, have an integral role to play in South Africa's transport infrastructure and our country’s economy. However, a significant increase in road... 


Vesconite Hilube wicket gate bushings replace bronze
28th April 2023

A San Diego hydro-electric plant has been operating with Vesconite Hilube wicket gate bushings since August 2022. Hollow bar for the bushings was ordered from Vesconite Bearings’ warehouse in... 


Vesconite hydro turbine parts replace bronze
28th April 2023

Hydro turbine bearing components machined from Vesconite Hilube have been installed at the Crai Water Turbine and Pollok Sawmill Projects in Wales and Scotland. The UK consultant on hydro-electric... 


Indian dam project demonstrates Vesconite creep, abrasion resistance
28th April 2023

Indian hydro-electric projects offer unique challenges: they are exposed to monsoon floods for a few months of the year and then a dry spell for the rest of the year. After being dormant for long... 


Former Eskom CEO André de Ruyter
De Ruyter continues to draw link between corruption and loadshedding in damp squib Parliamentary appearance
26th April 2023 By: Terence Creamer

Former Eskom CEO André de Ruyter continued to draw a direct link between corruption at the State-owned utility and ongoing loadshedding during his much-anticipated, but ultimately unsatisfactory,... 


Going Green at Nampo
25th April 2023

BMG is changing things up at Nampo this year having only an outside working exhibition stand that will highlight the importance of ‘Going Green’ in agriculture. The Nampo show – which is the... 


Dropping bombs – Part 1
21st April 2023 By: Terry Mackenzie-hoy

One of the more interesting and terrifying occupations I had in the South African Navy involved the disposal of bombs off the Durban coastline. In fact, using the description “dropping bombs off... 


RocketNet celebrates 7 years of connecting South Africans to fast, reliable internet 
19th April 2023

Gauteng-based internet service provider (ISP), RocketNet celebrates its seven-year anniversary this month. Founded in 2016, RocketNet has built a solid market presence by consistently growing its... 


South32 exercises Chita Valley earn-in right
14th April 2023 By: Creamer Media Reporter

Diversified miner South32 has exercised its earn-in right to acquire a 50.1% ownership interest in Minera Sud Argentina (MSA), Minsud’s indirect subsidiary that holds and operates the Chita Valley... 


India’s rare-earths miner eyes 400% expansion for clean energy
12th April 2023 By: Bloomberg

India’s sole rare-earths producer wants to boost its mining capacity by 400% in the coming decade to help the country lock in supplies of key minerals for its clean-energy transition. State-owned... 


Loyal Lithium secures Canadian landholding
12th April 2023 By: Esmarie Iannucci

Junior Loyal Lithium has unveiled plans to acquire a majority stake in the Hidden Lake lithium project, in the Northwest Territories of Canada. The company has struck binding agreements with two... 


A thirst for automation: Intelligent filling machine lubrication for the beverage industry
11th April 2023

By Carlos Valderrama is based in Bogota and in his role as Global Offer Manager for the Food and Beverage Industry within SKF Lubrication Management, he supports a number of customers in ensuring... 


An image of sugar cane
Support services provided for sugar industry
7th April 2023

Leading engineering solution specialist BMG plays a critical role in the sugar sector, not only during the operational period of sugar production, but also in off-crop seasons, when maintenance and... 


An image of FUCHS Renolin SJL Heavy lubricant
Range of lubricants for sugar sector
7th April 2023 By: Leah Shelene Asaram

Lubricants company FUCHS Lubricants South Africa offers a range of food-safe lubricants for sugar and packaging processes to aid the safety of production and seal off journals and/or bearings... 


Image of coal stockpile
South Walker Creek mine, Australia
7th April 2023 By: Sheila Barradas

A coal mine in Queensland’s Bowen basin, in Australia. 


Image of the Venetia mine openpit
Venetia Underground Project, South Africa – update
7th April 2023 By: Sheila Barradas

The Venetia project will transition underground this year. 


Invictus seeks to raise A$10m
6th April 2023 By: Esmarie Iannucci

Upstream oil and gas company Invictus Energy will raise A$10-million in a private placement to sophisticated and institutional investors to fund preparations for the Mukuyu 2 appraisal well... 


IATA reports that declines in air cargo demand seem to be levelling off
6th April 2023 By: Rebecca Campbell

While global air cargo demand in February was down 7.5% in year-on-year terms, it was also 2.9% higher than it had been in February 2019, before the Covid-19. This was reported by the... 


Advice for entrepreneurs: what you need to know about securing finance for commercial property
Advice for entrepreneurs: what you need to know about securing finance for commercial property
6th April 2023

Several advantages make owning commercial or business property a viable prospect for small businesses. These include the benefit of asset appreciation, enjoying full control over interior design... 


Coal ash seen as potential viable source of rare earth elements.
Coal, discard seen as potential viable sources of rare earth elements
5th April 2023 By: Martin Creamer

Coal is being spotlighted as a potential source of rare earth elements, critical raw materials that are vital for many clean technologies being implemented globally. The information derived from a... 


St Barbara/Genesis go on trading halt
4th April 2023 By: Esmarie Iannucci

The share trading of both St Barbara and Genesis Minerals were halted on Tuesday as the two companies discuss a potential alternative transaction structure and capital requirements for a merger.... 


Bell Equipment’s new range of Graders set to deliver next-level performance
3rd April 2023

Designed to meet the emerging needs of the grader industry, Bell Equipment has expanded its mining and construction OEM product range to include motor graders. With several units running in... 


Despite deteriorating business conditions, South African purchase managers remain optimistic 
3rd April 2023 By: Darren Parker

The seasonally adjusted Absa Purchasing Managers’ Index (PMI), compiled by the Bureau for Economic Research, ticked down to 48.1 in March from 48.8 in February.  The PMI shows that, after a solid... 


SKF’s integrated agri-specific product solutions that drive equipment reliability on display at Nampo 2023 
3rd April 2023

SKF is a deep-rooted, dependable partner to South Africa’s agricultural industry. The organisation incorporates decades of experience and know-how within this sector in its development of... 


Image of Kusile power station
Kusile power plant project, South Africa – update
31st March 2023 By: Sheila Barradas

Minister of Forestry, Fisheries and the Environment Barbara Creecy has granted Eskom an exemption from certain requirements in terms of its application to build temporary stacks at Kusile. 


Image of SKF range of lubrication systems
Efficient lubrication reduces costs and increases efficiency
30th March 2023

The use of inaccurate lubrication, such as over- or under-application, and sub-quality lubrication systems can severely impact equipment reliability and lifecycle, which can lead to cost... 


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