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Creamer Media Reporter

Seifsa supports Empowered Engineering and Manufacturing initiative

20th September 2017 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has partnered with Smart Procurement World to launch the Empowered Engineering and Manufacturing initiative, which is aimed at driving economic transformation and industrial progress in engineering and manufacturing. “The... 

Quantum Foods confirms avian flu outbreak at two Western Cape layer farms

20th September 2017 Food and poultry company Quantum Foods will quarantine and depopulate two of its commercial layer farms in the Western Cape after an outbreak of avian influenza. Although the outbreak was confirmed at only two layer houses, the company has, as a preventive measure, decided to depopulate the two... 

W Resources planning new drilling campaign at Tarouca, Portugal

20th September 2017 Aim-listed W Resources has been granted a two-year licence extension for exploration at Tarouca, near its Régua project, in Portugal, paving the way for a new drilling campaign. Tarouca is about 20 km from Régua and has the potential to enhance and expand the Régua development, W Resources... 

Development of Rainbow Rare Earths’ Burundi project advancing on schedule

19th September 2017 LSE-listed Rainbow Rare Earths has started mining ore from the Gasagwe pit at its Gakara rare earth project, in Burundi. CEO Martin Eales on Tuesday said the company was firmly on track to deliver its first shipment of concentrate from the mine in the fourth quarter of this year. 

Consortium to acquire 30% stake in Ethos Private Equity

19th September 2017 RMI Investment Managers and Royal Investment Managers (RIM) will, as the RMI & RIM Consortium, acquire a 30% interest in private equity investment firm Ethos Private Equity through a series of transactions. The transactions will include a vendor-facilitated black economic empowerment component... 

BlueRock’s Kareevlei nearing 25 000 t/m production target

19th September 2017 Production at Aim-listed BlueRock Diamonds’ Kareevlei mine, in the Northern Cape, is now in excess of 20 000 t/m and is nearing the targeted 25 000 t/m. Reporting on its results for the six months to June 30, BlueRock on Tuesday noted that the average grade at the mine also continues to increase... 

Petra’s Finsch, Kimberley Ekapa Mining JV impacted by labour disruption

19th September 2017 Aim-listed Petra Diamonds’ Finsch and Kimberley Ekapa Mining joint venture operations are being affected by a labour disruption that started on Monday evening. Underground and surface mining operations are affected, but plant treatment is continuing at near normal capacity, treating surface... 

Goldplat sees growth opportunities at Ghana recovery business, Kenya mine

18th September 2017 Aim-listed Goldplat expects growth in its recovery business to come from its Gold Recovery Ghana (GRG) subsidiary in the 2018 financial year. Goldplat, which on Monday released its results for the financial year ended June 30, noted the difficulty in procuring sufficient appropriate quality... 

Davies approves operator for Musina-Makhado SEZ

18th September 2017 The Department of Trade and Industry has issued a special economic zone (SEZ) operator’s permit for the Musina-Makhado SEZ to South African Energy Metallurgical Base, a subsidiary of Chinese conglomerate Shenzhen Hoi Mor Resources. The permit, approved by Trade and Industry Minister Dr Rob Davies... 

redT announces new partnerships, new appointments

18th September 2017 Aim-listed redT energy has secured partnership contracts with Central and Eastern European, as well as South East Asian, distributors, which will see the group rapidly expand into these new markets. The energy storage technology company said that, under the terms of the agreement, the partners... 

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