R/€ = 19.16 Change: -0.01
R/$ = 16.22 Change: -0.01
Au 1904.75 $/oz Change: -14.13
Pt 881.64 $/oz Change: -9.62


Calgro M3 enhances liquidity

By: Tasneem Bulbulia     19th October 2020 Following 12 to 18 months of rigorous restructuring initiatives, JSE-listed Calgro M3 has successfully closed its internal construction division. Calgro M3 CEO Wikus Lategan reported on October 190 that the leaner business, together with little pressure to invest in capital intensive projects... 

South Africa’s track record bodes ill for investment drive

By: Bloomberg     19th October 2020 South Africa will be hard pressed to realise its ambitions of attracting R1-trillion of private investment in infrastructure if its past record is anything to go by. The investment drive began two years ago and is a key component of an economic blueprint unveiled by President Cyril Ramaphosa last... 

Flotation cell level control

By: Creamer Media Reporter      7th October 2020 The mining industry plays a vital role in stimulating the South African economic growth by providing essential raw material in various sectors. It is crucial for this industry to constantly improve systems for extracting and refining minerals to the market situation with reliable products to... 

Weekly Coal Index Report

5th October 2020 RB1 spot prices played catch-up as the October rollover took place, although the back end of the curve is distinctly flatter than before, indicating the lack of conviction around future prices. While the coal price seems almost immune to the prevailing negative sentiment, the Trafigura (a... 

DBSA appoints Rakgate to head Infrastructure Fund

By: Terence Creamer     5th October 2020 The State-owned Development Bank of Southern Africa (DBSA) has, from October 1, appointed Mohale Rakgate as its new group executive for the Infrastructure Fund, which has been established by government to support an accelerated roll-out of economic and social infrastructure. Infrastructure is... 

Catalyst for Construction Growth: Student Accommodation

By: Creamer Media Reporter      1st October 2020 One would be hard pressed to find a more attractive investment opportunity than purpose-built student accommodation.  While property developers and construction firms rush to meet the demand, there is still a chronic shortage of accommodation. Earlier this year, the Department of Education... 

Affordable housing project launched in Cape Town

By: Donna Slater     22nd September 2020 Privately-owned property developer, the Amdec Group, broke ground at its 11 ha, R500-million affordable housing estate – Golden Grove Estate – in Ottery, Cape Town, on September 17. Golden Grove Estate will house 1 000 affordable residential apartments – including 24 m2 one-bed units, 36 m2... 

China seeks to dent its coal addiction with mega power complexes

By: Bloomberg     7th September 2020 Imagine a power plant built next to a coal mine but also operating wind turbines and solar panels. The facility hosts batteries to store electricity when supply is in excess. The main source of power could flip from the fossil fuel to clean energy, depending on weather and price. Spending... 

Old Mutual fund urges South Africa to focus on power

By: Bloomberg     27th August 2020 A $1.9-billion infrastructure fund owned by Old Mutual said South Africa should start with power as it embarks on an R2.3-trillion drive to lure private investment into infrastructure over the next decade. Electricity is South Africa’s most urgent need and the country has experience of approving... 

Pepperl+Fuchs’ Rugged and Compact— BTC14 for Quad-Monitor Thin Client Applications

By: Creamer Media Reporter      24th August 2020 The control room is the hub for technical production, planning, and control processes. Using established thin client technology, current production statuses are transmitted to multiple monitors in real time so that all plant statuses can be monitored and operators can respond quickly. With... 

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