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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... 

Rhodes' interim performance buoyed by strong sales ahead of lockdown

By: Simone Liedtke     19th May 2020 JSE-listed Rhodes Food Group’s headline earnings a share for the six months ended March 29, 2020, decreased by 2.8% year-on-year to 31.2c, while its earnings a share decreased by 2.3% to 30.2c. Diluted headline earnings a share were down 3.1% at 31.1c. 

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