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Press Office - SRK Consulting

SRK Consulting

SRK provides expert advice and solutions for clients requiring specialised services, mainly in the fields of mining, geotechnics, water, waste and the environment.

SRK seeks to serve clients across a range of industries that are primarily natural resource based. The firm’s primary business is the provision of professional consulting services.

Topic

Pioneer achieves credible performance in a constrained local market

By: Tasneem Bulbulia     20th May 2019 JSE-listed Pioneer Foods recorded a credible topline performance for the six months ended March 31, in a considerably constrained local consumer market with consequent competitive pressures. Revenue grew by 11.5% year-on-year to R11.04-billion, while sales volumes were up 2.7% year-on-year. 

Husband and wife team fuel Cape Town

20th May 2019 Phumla and Songezo Nayo are a testament to hard work paying off.  The married couple, who entered the fuel industry, with no prior experience were committed and absolutely determined to make their new business work. Today the Nayo’s are the proud owners of not one, but two Engen petrol stations,... 

Buoyed by mining recovery, Barloworld looks to Mongolia for growth 

By: Irma Venter     20th May 2019 Barloworld’s results on Monday reflected some of the biggest trends in the South African economy, with the company reporting a sharp drop in equipment sales to the troubled construction industry, as well as a decline in new-vehicle sales and car rental days, but with the mining industry seemingly... 

Recycling used oil - fueling the economy and protecting the environment

20th May 2019 350 million litres of new lubricant oil is sold in South Africa every year. This new oil is a combination of locally manufactured, as well as imported lubes. Of all the oil that is sold, approximately150 million litres becomes used oil, of which 120 million litres is collectable for recycling.... 

Tanzania fines Acacia Mining $2.4m over alleged pollution

By: Reuters     20th May 2019 Tanzania's mining minister said on Monday Acacia Mining had been fined 5.6-billion Tanzanian shillings ($2.4-million) for alleged pollution at its North Mara mine. Acacia, majority-owned by Barrick Gold, is embroiled in a long-running tax dispute with Tanzania. 

Amplats considers sale of Twickenham and Bokoni mines – CEO

By: Reuters     17th May 2019 Anglo American Platinum (Amplats) is contemplating the sale of its Bokoni and Twickenham mines in South Africa, a move which would mostly complete the group's divestment strategy, its chief executive told Reuters. The precious metals producer has sold many of its mines as it pivots from the... 

Afarak attributes €7.5m first-quarter loss to low prices, sales volumes

By: Nadine James     17th May 2019 A higher chrome benchmark price and increased sales volumes are expected to result in an improvement in London-listed Afarak Group’s financial performance for the second quarter, after the company posted a €7.5-million loss for the first quarter. The company attributed the first-quarter loss to... 

Nordic countries strengthen partnerships with sub-Saharan Africa

By: Kim Cloete     17th May 2019 The Nordic countries of Denmark, Finland, Norway and Sweden are strengthening their partnerships with sub-Saharan African countries to increase green electrification and water security. The four countries are known for their expertise in developing viable and innovative energy systems, with a... 

YES helps position S Africa as credible springboard into continent again 

By: Marleny Arnoldi     17th May 2019 Foreign direct investment is critical to the development of the South African economy and some innovative thinking by the Department of Trade and Industry has turned recently gazetted amendments regarding the Youth Employment Service into an additional arrow in the DTI’s quiver on a recent... 

Rebranded Minerals Council reflects the promise of the future 

By: Nadine James     17th May 2019 The Minerals Council South Africa – formerly the Chamber of Mines –  officially rebranded in May 2018, repositioning the organisation to reflect, “the promise of the future”, by amending its role and ethos to drive a positive reform agenda that enables the industry to reach its true economic and... 

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