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Creamer Media Reporter

Mondi says European Commission inspecting its Vienna office

7th March 2017 Dual-listed Mondi on Tuesday confirmed that the European Commission is conducting an inspection at its Vienna office. In an update to shareholders, the company said it was fully cooperating with the investigation, which it understood was focused on kraft paper and industrial bags. 

Digital Transformation - What it really means for Asset Management

5th March 2017 Technology innovations are opening doors to a completely new world for asset management. The Internet of Things (IoT), big data and analytics, cloud computing, mobile solutions, augmented and virtual reality, condition monitoring and predictive maintenance, and business networks are some of the... 

Sawmilling sector’s resource shortages need urgent attention

3rd March 2017 South Africa needs to urgently respond to the resource shortages within the sawmilling sector to unlock the benefits of job creation and growth. The shrinking of resources in forestry was one major challenge that needed to be dealt with by both government and the private sector, said Sawmilling... 

HyPlat works to replicate early entry successes in global fuel cell market

3rd March 2017 Two years after its establishment as a South African hydrogen fuel cell component supplier, HyPlat has made rapid inroads into the global fuel cell market following the launch of its locally owned and developed intellectual property and technology offerings at the Hannover Fair in 2016. The... 

Group Five appoints interim CEO

2nd March 2017 Group Five has appointed Themba Mosai interim CEO, while it seeks a successor to former CEO Eric Vemer. Vemer last week announced his surprise resignation from the group after less than three years in the position. 

BlueRock commissions crushing, screening circuit

1st March 2017 BlueRock Diamonds has commissioned the primary crushing and screening circuit at its Kareevlei operation, in the Northern Cape. The company has been able to operate full processing for up to seven hours, with the plant demonstrating hourly capacity in line with expectations. 

Saskatchewan, Manitoba ranked the most attractive global mining jurisdictions

1st March 2017 Saskatchewan and Manitoba have been ranked the top two most attractive jurisdictions for mining investment in the world, according to the Fraser Institute’s ‘Annual Survey of Mining Companies 2016’. “Competitive tax regimes, efficient permitting procedures and certainty surrounding environmental... 

Osisko diversifies portfolio with acquisition of first silver stream

28th February 2017 TSX- and NYSE-listed Osisko Gold Royalties has acquired its first silver stream, from Taseko Mines subsidiary Gibraltar Mines’ Gibraltar copper mine, in Canada, for $33-million in cash. Osisko will make ongoing payments of $2.75/oz of silver delivered. 

Alacer takes delivery of autoclaves for Çöpler sulphide expansion project

28th February 2017 TSX- and ASX-listed Alacer Gold has taken delivery of two autoclaves at its 80%-owned Çöpler mine, in Turkey. The autoclaves form part of the Çöpler sulphide expansion project, which is expected to raise the mine’s remaining life-of-mine gold output to four-million ounces at an all-in sustaining... 

Cameco’s Port Hope facility secures 10yr operating licence

28th February 2017 The Canadian Nuclear Safety Commission (CNSC) has granted TSX- and NYSE-listed Cameco a ten-year operating licence for its conversion facility in Port Hope, Ontario. The licence expires on February 28, 2027. 

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