R/€ = 16.71 Change: -0.01
R/$ = 13.78 Change: 0.00
Au 1865.13 $/oz Change: 6.57
Pt 1163.00 $/oz Change: 16.50


Parker’s High Performance Flange System gains new certification for marine applications

3rd June 2021 Parker Hannifin, the global leader in motion and control technologies, has announced that its mechanical flange system for machines and plants (with working pressures of up to 420 bar) - “HPF - Parker High Performance Flange System” -  has gained DNV GL approval for marine applications. The DGUV... 

Airline association and airliner manufacturers call for border reopening to be data driven

By: Rebecca Campbell     3rd June 2021 The representative body of the global airline industry, the International Air Transport Association (Iata), and the world’s two biggest commercial aircraft manufacturing companies, Airbus and Boeing, have jointly issued a press release calling on governments to make their Covid-19 border opening... 

Parker launches new generation of oil condition monitoring technology

3rd June 2021 Parker Hannifin the global leader in motion and control technologies, has announced an innovative oil condition monitoring technology that is set to help marine operators reduce downtime, reduce costs, and protect assets. Developed in close collaboration with marine experts, the DIGI Plus has... 

IMF commends Botswana’s efforts as its economy is expected to recover this year

By: Simone Liedtke     3rd June 2021 Botswana’s economy is expected to recover this year, with growth projected at 8.3%, driven by improvements in the global demand for diamonds, the easing of restrictions on mobility and the expansionary fiscal stance. The recovery is expected to be uneven across sectors, depending on improvements... 

Institutions partner to expand diagnostic capacity in Africa

By: Tasneem Bulbulia     31st May 2021 To strengthen diagnostic capacity and the health response to Covid-19 in Africa, global development institution IFC, private sector financer Proparco and pathology services company Cerba Lancet Africa have announced a partnership to increase patient access to a range of laboratory tests. The... 

UK researchers announce major advance in developing practical nuclear fusion reactors

By: Rebecca Campbell     27th May 2021 The UK Atomic Energy Authority (UKAEA) has announced the successful testing of a new concept on its MAST Upgrade experiment, which could remove one of the major problems in the development of nuclear fusion energy. Currently, the world derives nuclear power from fission, which involves, to... 

Miners to focus on carbon reduction, community support and health & safety – GIBB

By: Donna Slater     24th May 2021 Despite the challenges brought about by the Covid-19 pandemic, the issues of reducing greenhouse-gas emissions, improving health and safety and creating value for surrounding communities require urgent and ongoing attention, says multi-disciplinary engineering consultancy GIBB mining division MD... 

Geological interpretation highlights high-priority targets at Okiep

By: Tasneem Bulbulia     21st May 2021 Dual-listed Orion Minerals has identified new high-priority drill targets on the Carolusberg – Koperberg complex that form part of the Okiep copper project (OCP), in South Africa’s Northern Cape. The Carolusberg – Koperberg line was first discovered in 1680 and subsequent workings have been... 

Mbalula outlines 2021/22 transport priorities

By: Tasneem Bulbulia     21st May 2021 The Department of Transport’s expenditure is expected to increase at an average yearly rate of 8.1%, from R57.3-billion in 2020/21 to R72.5-billion in 2023/24, Minister Fikile Mbalula said during the virtual debate on the transport budget vote on May 21. He said the majority of the funds are... 

PGM prices soar as demand recovers amid supply disruption, new report says  

By: Tasneem Bulbulia     17th May 2021 The platinum market is forecast to move back into surplus this year, despite a 27% gain in autocatalyst demand, according to estimates published in chemicals company Johnson Matthey’s latest platinum group metals (PGM) Market Report. South African platinum supplies are expected to rebound by... 

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