R/€ = 16.37 Change: -0.01
R/$ = 14.36 Change: 0.00
Au 1426.19 $/oz Change: 23.67
Pt 813.41 $/oz Change: 2.93


China's CNMC agrees to work on Madagascar rare earth project

By: Reuters     24th June 2019 A unit of China Nonferrous Metal Mining Group (CNMC) said on Monday it had signed a non-binding memorandum with Singapore-listed ISR Capital that could see the Chinese firm work as a contractor on a rare earths project in Madagascar with rights to purchase products. China Nonferrous Metal... 

MAST successfully closes Bordersley flexible power site acquisition

By: Tasneem Bulbulia     21st June 2019 Dual-listed Kibo Energy’s 60%-owned subsidiary, MAST Energy Developments (MED), has completed its acquisition of Bordersley Power, a special purpose vehicle (SPV) that will hold a 5 MW gas-fuelled power generation plant targeting commercial commissioning at the end of the first quarter of 2020.... 

Paragon makes its mark in Swaziland with Mbabane Hilton Garden Inn

21st June 2019 One of Paragon Group’s first projects for an international hotel chain is the Mbabane Hilton Garden Inn in Swaziland, which won at the SAPOA Awards last night for Best International Project. This 124-room, eight-storey development in the heart of the capital has been designed specifically as an... 

Welding industry shows steady growth and stability

By: Jessica Oosthuizen     21st June 2019 The welding industry is more stable, compared with other industries, such as civil engineering and construction, says mainstream industrial plant and equipment rental company Afritech Equipment Solutions projects manager Mornay Nortje. He tells Engineering News that demand for welding equipment... 

Company expands on fixing range

By: Khutso Maphatsoe     21st June 2019 Construction and fixing supplier Upat South Africa, the sole Southern African agents for fischer Fixings, has added its Duopower nylon expansion plug to its extensive range of fixings. Made from two different types of nylon, Upat technical sales director and co-owner, Kerry Kuhlmann, explains... 

Ngqura liquid bulk terminal project, South Africa

By: Sheila Barradas     21st June 2019 The Transnet National Ports Authority and Oiltanking Grindrod Calulo have said that they are on track with developments at the Port of Ngqura. 

Epoxerite reaffirms its commitment to quality

By: Creamer Media Reporter      20th June 2019 Epoxerite, a leading South African producer of tailor-made chemical solutions, has invested in a new state-of-the-art testing laboratory at its factory in Westonaria, Gauteng. George Weideman, managing member of Epoxerite, says that the new facility, equipped with the latest testing equipment,... 

MACA supports Blackham expansion plans

By: Esmarie Iannucci     20th June 2019 Integrated service contractor MACA will provide gold miner Blackham Resources with a A$12-million working capital facility to progress its transition to the Stage 1 expansion sulphide development at its Western Australian operations. Under the agreement, MACA will provide Blackham with working... 

Prophecy’s Gibellini poised to start vanadium production by 2022

By: Simone Liedtke     19th June 2019 TSX-listed Prophecy Development is working towards securing a positive environmental impact statement (EIS) record of decision for its Gibellini vanadium project, in Nevada, by the first quarter of 2021, the company said on Wednesday, noting that it should pave the way for construction to follow... 

Mozambique gas riches near as $25bn LNG plant approved

By: Bloomberg     19th June 2019 Anadarko Petroleum approved a $25-billion liquefied natural gas (LNG) project in Mozambique that could help transform the economy of one of the world’s poorest countries. CEO Al Walker signed off on what he called the biggest ever foreign investment in Africa. Anadarko sees potential for... 

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