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Anine Kilian

Anine Kilian

Anine Kilian is a Creamer Media Contributing Editor Online for Engineering News and Mining Weekly.

Tel: +2711 622 3744


Eskom says will engage with ratings agencies following downgrade by S&P’s

28th February 2018 Power utility Eskom will continue to engage with ratings agencies and various stakeholders on the implementation and progress of its turnaround strategy, the State-owned entity’s acting CFO said on Wednesday. This follows after Standard & Poor’s (S&P’s) downgraded Eskom to CCC+. 

JRA invests in new asphalt plant to assist in road repairs

27th February 2018 The Johannesburg Roads Agency (JRA) has repaired 44 350 potholes across the city since the beginning of the 2017/18 financial year. The city currently has a backlog of R11.8-billion for upgrading the city’s 13 599 km road network, of which R7.1-billion is required for repairs to surfaced roads... 

Attacq lifts interim NAV, says transition to Reit on track

27th February 2018 JSE-listed Attacq reported a 10.1% increase in its net asset value to R23.51-billion for the six months ended December 31. The group generated distributable earnings a share of 38.9c, while its gearing ratio improved from 41.4% to 36.2%. 

Aveng outlines new business plan, posts H1 loss

27th February 2018 JSE-listed Aveng, which posted a headline loss of R335-million for the half year ended December 31, on Tuesday outlined details of the outcome of its strategic review, which involved a very “thorough and robust interrogation” of all parts of the business. The review was aimed at  identifying the... 

Passenger traffic at South African airports holds steady in Q4

26th February 2018 Growth in passenger numbers at South Africa’s nine airports held steady at just over 3% in the fourth quarter of 2017, with nearly 11-million arriving and departing passengers using South Africa's main airports during the quarter. This is according to the Airports Company South Africa’s (ACSA’s)... 

MAS records 98% increase in H1 distributable earnings

26th February 2018 JSE-listed MAS Real Estate increased its distributable earnings by 98% year-on-year to €17.1-million for the six months ended December 31.   “The improvement in distributable earnings was driven by the full period effect of accretive acquisitions, the completion of developments and the deployment... 

Koeberg Unit 1 shut down for planned maintenance

26th February 2018 Unit 1 of the Koeberg nuclear power station has been shut down for a refueling outage and is expected to return to service at the end of May.   “Koeberg Unit 2 is currently operating optimally and is contributing 930 MW to the national grid,” Koeburg power station manager Velaphi Ntuli said in a... 

Chicken business turnaround boosts RCL’s H1 profit

26th February 2018 A strong turnaround in the chicken business, along with good rainfall and lower prices for commodity inputs benefited JSE-listed RCL Foods in the six months ended December 31, contributing to margin recovery across the group’s business units, CEO Miles Daily said on Monday. The group reported a... 

Vector to proceed with Kibali and Nizi gold project JVs

26th February 2018 ASX-listed Vector Resources has announced that will proceed with the Kibali South and Nizi gold project joint venture (JV) acquisitions in the Democratic Republic of Congo (DRC). The company completed technical and legal due diligence and has notified Société Miniere de Kilo Moto (Sokimo) of its... 

Browns Range rare earths pilot plant installation on track

26th February 2018 ASX-listed Northern Minerals’ Browns Range heavy rare earths pilot plant installation, in Western Australia, is on track for completion in June. In a project update on Monday, the heavy rare earths developer said that, owing to the successful share purchase plan, which raised $11.7-million for... 


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