R/€ = 15.88 Change: -0.08
R/$ = 14.12 Change: -0.07
Au 1278.38 $/oz Change: 2.87
Pt 908.77 $/oz Change: 8.28


Hulking nukes trying to get nimble in volatile power markets

By: Bloomberg     18th April 2019 Nuclear reactors, the lumbering giants of electricity generation, are trying to become more agile. Power grids have become so swamped with volatile wind and solar that traditional plants are being forced to abruptly adjust their own output to keep systems stable – or pay a penalty. That’s... 

Elmacast Engineering- Invests R134 million into autonomous upgrades in foundry

17th April 2019 Elmacast Engineering (PTY) LTD, a foundry situated in Springs, South Africa, has recently completed phase one of its expansion project which entailed the installation of 4 new induction furnaces, automated continuous caster and a fully integrated double line heat treatment plant. The cost of the... 

Automation The Answer To Local Skills Shortage

17th April 2019 South Africa’s skills shortage is preventing the country from achieving the 5% annual GDP growth that is our only real chance of making a dent in poverty. In a 2018 report, Pew Research estimated that some 900 000 people born in South Africa were living abroad in 2017. The firm indicates these... 

Five ways to tread a little lighter this Earth Day

16th April 2019 Earth Day is celebrated annually on 22 April. Now in its 49th year, Earth Day is one of the largest observances in the world with one billion people in 192 countries participating in activities each year1. ‘Protect Our Species’, the theme for this year’s Earth Day calls on all citizens around the... 

Lynas posts 33% jump in Q3 rare earths output, amid takeover interest

By: Reuters     16th April 2019 Takeover target Lynas Corp on Tuesday reported a 32.5% rise in production of rare-earth oxides (REOs) during the quarter, as it fends off a takeover offer from retails-to-chemicals conglomerate Wesfarmers. Output of REO in the quarter ending March 31 was 5 444 t, compared with 4 110 t produced... 

Unique Drinking Water Solutions Provide Mining Industry With Better Water Quality, Improved Bottom Line And Enhanced Environmental Performance

15th April 2019 An innovative new mobile water station has been developed to provide safe drinking water for remote workforces in the mining sector – improving water quality and worker satisfaction, cutting costs and spurring improved environmental performance by slashing the need for costly single-use plastic... 

Concor Buildings Gives New Shine To Skukuza With Sanparks Safari Lodge

15th April 2019 The wildlife-loving public can look forward to another upmarket venue in the Kruger National Park after Concor Buildings recently completed a new three-star safari lodge at Skukuza camp. Developed by South African National Parks (SANParks), the exciting development adds a new dimension to the... 

Uranium industry weighs rules that have bomb watchers twitching

By: Bloomberg     15th April 2019 Back in the 1970s and 1980s when he was keeping America’s nuclear weapons up to date, Robert Kelley didn’t pay much attention to their source of uranium. But then he was reassigned to lead the international team that accounted for the of hundreds of tons of the heavy metal Iraq secretly... 

Company adds two new products to its portfolio

12th April 2019 Heat exchangers solution provider Kelvion has developed solutions for how to recover waste heat with two new additions to its product portfolio – the Exhaust Gas Heat Exchanger and the EcoMi modular economiser. These products can transform waste heat into useful forms of energy, reducing... 

Avesoro misses first-quarter production mark, maintains yearly guidance

By: Marleny Arnoldi     11th April 2019 TSX- and Aim-listed gold miner Avesoro Resources’ two mines in Burkina Faso delivered below-target output for the quarter ended March 31, on the back of lower plant throughput. The company, which is headed up by CEO Serhan Umurhan, on Thursday reported consolidated gold production of 45 098 oz... 

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