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Jasco CEO steps down, company monitors Covid-19 impact

By: Natasha Odendaal 29th May 2020 JSE-listed Jasco Electronics CEO Mark Janse van Vuuren has resigned, effective May 31, after a restructure. Deputy chairperson alternate Pete da Silva will serve as interim CEO as the board evaluates potential successors. →

Level 3 liquor let-down looms, warns supply chain professional body

29th May 2020 Many South Africans are rejoicing over President Ramaphosa’s latest announcement that the easing of the Covid-19 lockdown regulations will mean they can restock their liquor shelves and wine fridges. When SA moves down to lockdown level 3, alcohol sales will be permitted under specific... →

Lepidico's Namibian project proves positive

By: Esmarie Iannucci 28th May 2020 A definitive feasibility study (DFS) by ASX-listed Lepidico into an integrated mine, concentrator and chemicals plant has proven the economics of the Phase 1 development of its Karibib lithium asset, in Namibia. The Phase 1 study is based on a modest-scale commercial plant processing a lithium... →

A real opportunity for leading brands to get to know your customers

27th May 2020 An innovative digital e-commerce platform, designed and developed in South Africa, has uncovered the Holy Grail of business-to-consumer (B2C) interactions. Consumer brands that adopt Brand Hubb’s unique customer loyalty solutions will go down in history as pioneers in marketing for the digital... →

New Century takes aim at Vale Goro nickel/cobalt mine

By: Esmarie Iannucci 26th May 2020 Base metals miner New Century Resources has struck an exclusivity agreement with major Vale to negotiate the purchase of a 95% interest in the issued shares of Vale Nouvelle-Caledonie (VNC), which owns the Goro nickel and cobalt mine, in New Caledonia. Vale said on Tuesday that the negotiations... →

Famous Brands grows full-year cash and profits

By: Marleny Arnoldi 26th May 2020 Food services franchisor Famous Brands managed to increase its cash generation, earnings a share and operating profit in the financial year ended February 29. CEO Darren Hele attributed the strong performance to the company continuing to commit resources to ensuring its offering has a strong... →

Long-duration clean energy storage ideal for mining microgrids

By: Creamer Media Reporter 23rd May 2020 Reliable, cost-effective energy supply 24x7 is an essential resource for successful mining operations, whether grid-connected or off-grid. In Africa, reliability of utility-sourced electricity is becoming more and more of a challenge, while off-grid diesel generation and the cost and logistics... →

Technology Metals flags possible JV at Gabanintha

By: Esmarie Iannucci 20th May 2020 ASX-listed Technology Metals has inked a memorandum of understanding (MoU) with China’s Big Pawer Electrical Technology Xiangyang Inc over a possible joint venture (JV) to produce vanadium electrolyte and vanadium redox flow battery (VRFB) manufacturing in Australia. The MoU establishes a... →

Sprott backs C$15m Pure Gold investment

By: Mariaan Webb 20th May 2020 Dual-listed Pure Gold, which will pour first gold in Red Lake, Ontario this year, is raising C$15-million for exploration, the company announced on Wednesday. Pure Gold will issue 9 868 421 charity flow through common shares at C$1.52 a share. Canadian investor Eric Sprott, who is a strong... →

Denel unable to pay salaries this month, union reports

By: Rebecca Campbell 20th May 2020 The Solidarity trade union has reported that, at a meeting with Denel management on May 18, the State-owned defence industrial group had confirmed that it could not pay its staff their salaries at the end of this month. Export orders worth R101-million could not be delivered because the necessary... →

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