R/€ = 16.13 Change: 0.03
R/$ = 14.40 Change: 0.01
Au 1284.59 $/oz Change: 1.35
Pt 803.49 $/oz Change: -1.08


South Africans play major roles in international astronomy project

By: Rebecca Campbell     24th May 2019 The South African Radio Astronomy Observatory (Sarao) has reported that the international consortium of computing specialists, which included South Africans, which had been developing the Science Data Processor (SDP) for the Square Kilometre Array (SKA) radio telescope project, had completed its... 

First ore fed into La Parrilla jig plant

By: Creamer Media Reporter      21st May 2019 Aim-listed W Resources on Tuesday announced the first ore feed to the newly commissioned jig and mill plant at the La Parrilla tungsten mine in Spain. This follows construction completion in April and commissioning of the conveyors, pumps, thickener, two mills and two jigs over the past month. 

Vukile buys three shopping centres from Rebosis for R1.8bn

By: Marleny Arnoldi     13th May 2019 JSE-listed Rebosis Property will sell three properties to JSE-listed Vukile Property Fund for R1.8-billion. The properties are Mdantsane City shopping centre, Sunnypark shopping centre and Bloedstreet Mall.  

W receives advance on €5.3m Extremadura grant

By: Tasneem Bulbulia     9th May 2019 Aim-listed W Resources has secured a €3-million loan facility with Caja Rural de Extremadura that provides an advance of funding against the €5.3-million grant awarded by the Junta de Extremadura government, which is expected to be paid to the company in the fourth quarter of 2019. The €3-million... 

Daimler to open IT hub at its East London plant

By: Irma Venter     7th May 2019 Daimler, parent company to Mercedes-Benz South Africa, has announced that it will establish an information technology (IT) hub at its vehicle production plant in East London, in the Eastern Cape. The IT hub will focus on data analytics, software development and business analysis, and will work in... 

Global steel production increases to 444 Mt in first quarter

By: Schalk Burger     29th April 2019 Global crude steel production for the first quarter of this year increased by 4.5% year-on-year to 444.1-million tonnes, global industry body, the World Steel Association (worldsteel), said in a statement on Monday. Asia produced 312.9-million tonnes of crude steel during the first three months... 

Atalaya’s Riotinto operations continue amid mining permit dispute

By: Marleny Arnoldi     26th April 2019 Aim- and TSX-listed copper and silver producer Atalaya on Friday provided an update with regard to a mining permit dispute at its Riotinto mine, in Spain. In November 2016, environmental group Ecologistas en Acción filed a claim, additional to the lawsuit filed in July 2014 related to the... 

La Parrilla jig and mill plant commissioning gets under way

By: Creamer Media Reporter      16th April 2019 Aim-listed W Resources on Tuesday confirmed that commissioning of the jig and mill plant at La Parrilla, in Spain, has begun. The jig and mill plant will upgrade the La Parrilla ore, efficiently reject barren material, and prepare material for feed to the concentrator plant. 

Atalaya reports first-quarter production results

By: Creamer Media Reporter      15th April 2019 European copper producer Atalaya Mining on Monday posted an 8% year-on-year increase in first-quarter copper production to 10 219 t. Compared with the fourth quarter of last year, which was a record three-month period, output fell by 9%, as a result of slightly lower throughput and head grade,... 

Denel to stop manufacturing parts for Airbus A400M aircraft

By: Rebecca Campbell     12th April 2019 South African State-owned defence industrial group Denel announced at the end of last month that it had reached a mutual understanding with Europe-based major aerospace and defence group Airbus to cease Denel’s manufacture of components for the Airbus A400M military airlifter aircraft, “subject... 

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