R/€ = 19.34 Change: -0.01
R/$ = 16.32 Change: 0.01
Au 1950.30 $/oz Change: -3.63
Pt 929.50 $/oz Change: -12.28


Anglo’s July Ndlovu says coal underpins societal development

By: Simone Liedtke     20th August 2020 Despite coal being a commodity “that some have chosen to hate”, Anglo American Coal South Africa CEO July Ndlovu says it will continue to remain relevant, as it “underpins societal development”. Ndlovu, recently appointed as World Coal Association chairperson, emphasised during the virtual Coal... 

PPC delays full-year results publication, restates FY19 earnings

By: Marleny Arnoldi     18th August 2020 JSE-listed cement manufacturer PPC has advised that the publication of its financial results for the year ended March 31 has been delayed to the end of September. It had initially been scheduled for release by the end of August, but the impact of Covid-19 on the year-end audit process has been... 

Modular panel bridge project makes headway

By: Darren Parker     14th August 2020 Machinery and tools supplier Bosch Specialised Equipment (BSE) has successfully delivered 11 new modular panel bridges to Dunnottar Military Base in Nigel, in Gauteng, which will, in turn, be delivered to various locations across KwaZulu-Natal, to be erected over the next 18 months. BSE director... 

Mind the Gap

By: Terence Creamer     14th August 2020 A maddening mismatch between big infrastructure promises and small delivery has been a constant and trust-destroying feature of South Africa for decades. Apart from a short period in the run up to the 2010 FIFA World Cup, the pipeline of shovel-ready projects has been insufficient to address both... 

PPC progresses restructuring initiatives

By: Marleny Arnoldi     13th August 2020 In reiterating the objective and current status of its restructuring and refinancing project, JSE-listed cement manufacturer PPC on August 13 said it remained on track to reach the necessary agreements for sustainable capitalisation of the company across the geographies that it operates in. The... 

Chinese national killed at Zijin mining camp in Congo, company says

By: Reuters     13th August 2020 A Chinese national was killed during an attack on a mining camp run by Zijin Mining Group in the early hours of Tuesday in southern Democratic Republic of Congo, a report on the company's website said. The employee was shot at the Carrilu cement and limestone mine in Lualaba province as camp... 

Boon for city dwellers as Raubex nearing completion of Union Square

By: Creamer Media Reporter      12th August 2020 The renewal of Johannesburg’s city centre is getting a further boost with the expertise of Raubex Building, part of the Raubex Group’s infrastructure division. Work is well underway on the refurbishment of Union Square, a 19-storey block at 80 Plein Street in the heart of Johannesburg’s original... 

Sephaku reports loss as demand dwindles

By: Simone Liedtke     12th August 2020 With the buildings materials industry having been impacted by the continued decline in demand, as both public and private infrastructure investments decrease, Sephaku Holdings (SepHold) reported a headline loss a share of 7.97c for the financial year ended March 31. It also posted a loss a share... 

IPC approves Vickery project

By: Esmarie Iannucci     12th August 2020 The New South Wales Independent Planning Commission has given consent for ASX-listed Whitehaven Coal’s Vickery Extension project. The A$700-million project has been cleared to extract a maximum of 13-million tonnes a year run-of-mine coal, over a 25-year mine life, with Whitehaven allowed to... 

Reid Lifestyle Centre targeting a net-zero certification

By: Tasneem Bulbulia     24th July 2020 In May, the Reid Lifestyle Centre, developed by Balwin Properties, achieved a six-star Green Star Public & Education Building certification. Part of an upmarket lifestyle estate situated close to the Marlboro Gautrain station, the building is also targeting a Net-zero Carbon Level 2 rating. 

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