R/€ = 16.30 Change: 0.00
R/$ = 14.31 Change: 0.02
Au 1405.00 $/oz Change: 20.92
Pt 814.33 $/oz Change: 10.74


Poland to offer some relief to biggest power consumers

By: Reuters     18th June 2019 Poland's government proposed draft regulations on Tuesday that would allow big electricity consumers to receive compensation for surging power bills. Wholesale power prices in Poland, which generates most of its energy from coal, jumped in the autumn last year following the rising costs of... 

Romania offers rare earths to enter lucrative battery market

By: Bloomberg     13th June 2019 Romania is reopening mines for rare earth minerals to lure investments in electric battery plants, joining a Europe-wide initiative that aims for a bigger share of the global market. The government is renewing operations at three mines that produce rare metals, including europium and dysprosium,... 

Poland sacks CEO of State-run coal miner JSW, shares tumble

By: Reuters     12th June 2019 The CEO of Polish State-run coking coal producer JSW was sacked by the energy ministry on Tuesday following a dispute over strategy. Shares in the company fell more than 6% on the news, which added to broader investor concerns that Poland's government is interfering in state-run and listed... 

EPP opens flagship shopping centre in Warsaw

By: Tasneem Bulbulia     24th May 2019 Dual-listed real estate company EPP on Friday opened its flagship development in Warsaw – Galeria Młociny, which gives residents access to more than 200 stores alongside one of the city’s most ambitious food and beverage projects. Galeria Młociny features nearly 85 000 m2 of modern space... 

Copper production in Peru, Panama to offset lower output in Indonesia, Zambia

By: Marleny Arnoldi     13th May 2019 After having grown by 2.5% in 2018, global copper production is expected to remain essentially unchanged this year, but will grow by 1.9% in 2020, the International Copper Study Group (ICSG) said in its ‘Copper Market Forecast for 2019/20’, released on Monday. ICSG met with global copper... 

Energy expert Ted Blom confirmed for African Utility Week and POWERGEN Africa: “Open the grid before Eskom finally collapses” 

13th May 2019 Mother City to welcome 10 000+ power and water experts   Independent energy expert Ted Blom, who has just been confirmed as a featured speaker for the upcoming African Utility Week and POWERGEN Africa, says the country’s power grid “should be opened before Eskom finally collapses.” The 19th... 

Redefine maintains sustained growth, value creation despite difficult local climate  

By: Tasneem Bulbulia     6th May 2019 JSE-listed Redefine Properties, which increased its distribution for the six months ended February 28 by 4% to 49.2c, maintained a strong platform for sustained growth and value creation despite ongoing economic and political uncertainty. The South Africa-based real estate investment trust holds... 

Jean-Claude Lasserre

By: Martin Zhuwakinyu     26th April 2019 This week we profile Jean-Claude Lasserre, sub-Saharan Africa CEO for Saint-Gobain, which manufactures and distributes materials and solutions that can be found in buildings, transport, infrastructure and many industrial applications 

EPP raises R1.45bn for M1 acquisition

By: Marleny Arnoldi     25th April 2019 JSE-listed retail property fund EPP has successfully completed an equity raise of R1.45-billion, or €90-million, to fund tranche 2 of its M1 portfolio acquisition. The company expects to complete the transaction by June.  

Deep-sea mining boss says new law could be adopted next year

By: Reuters     25th April 2019 China and a quest for battery minerals have injected momentum into a long UN process to agree a law on deep-sea mining, which could be adopted by the end of 2020, if the political will exists, the head of the International Seabed Authority (ISA) said. So far the UN body, headquartered in... 

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