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Simone Liedtke

Simone Liedtke

Simone Liedtke is a Creamer Media Online Writer for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Gold Fields buys stake in Asanko gold mine in Ghana

29th March 2018 South African miner Gold Fields has teamed up with Canada-based Asanko Gold in Ghana, with the gold miners announcing on Thursday that the JSE-listed major would buy a 45% interest in the Asanko gold mine (AGM) for $185-million. The companies have agreed to form a 50:50 joint venture (JV), which... 

US power group touts microgrids ‘as the way forward’

29th March 2018 Decentralisation, through the implementation of microgrids, could be the key to improving grid resilience, US-based electricity supplier Illinois Power Company and Tucson Electric Power Company CEO Charles Bayless told an audience in Johannesburg this week. The design of microgrids, which... 

Policy implementation vital to ‘vibrant’ energy sector in Africa

28th March 2018 Growth in renewable energy investment in developing countries has overtaken that of developed countries, which is testament to the role renewable energy plays in the energy sector, says Energy Security Services Africa head for strategic energy and client delivery Gareth Gregory. This, he told... 

Africa struggles to meet energy demand and reduce carbon emissions

28th March 2018 The global energy sector is faced with the dual challenge of meeting growing energy demand, while simultaneously needing to lower carbon dioxide (CO2) emissions in the energy system, says MIT Energy Initiative director Robert Armstrong. Speaking at the twenty-first Power and Electricity World... 

Africa needs private investment to meet energy needs – Radebe

27th March 2018 The cost of meeting sub-Saharan Africa’s power demand has been estimated at about $14-billion a year and cannot be met by public funding alone. Although public utilities have historically been the major sources of funding for new power generation capacity, South African Energy Minister Jeff... 

Bushveld conditionally raises $22m

26th March 2018 Aim-listed Bushveld Minerals has conditionally raised about $22.2-million, before expenses, by way of an oversubscribed placing of 152.75-million new ordinary shares at a price of 10.3p a share with leading institutional and mining investors. The placing shares will represent about 14.4% of the... 

Stenprop buys another UK multilet industrial estate

26th March 2018 In line with its stated strategy of focusing on UK multilet industrial property, BSX- and JSE-listed Stenprop has completed the acquisition of a modern, fully let industrial estate in Huddersfield, in the UK, for £5.8-million. The purchase, from a private investor, reflects a net initial yield of... 

Atlantic Leaf acquires UK industrial, office property for £14.9m

26th March 2018 SEM- and JSE-listed Atlantic Leaf, through its wholly-owned subsidiary Trido, has completed the acquisition of a multilet industrial and office property – Deacon Park – in Knowsley, in the UK, from JCAM Commercial Real Estate Property. 

Employment, wage prospects remain weak – Solidarity

26th March 2018 The various market and political trends at play in South Africa could sway economic fortunes considerably in the years ahead, says trade union Solidarity. The trade union on Monday released its Labour Market Index (LMI) for the fourth quarter of 2017, which, at a neutral level just below 50,... 

Global crude steel production increases 3.5% y/y in February

26th March 2018 Global crude steel production increased by 3.5% year-on-year to 131.8-million tonnes in February, the World Steel Association (worldsteel) reported on Monday. Africa’s crude steel production increased by 4% year-on-year to 1.1-million tonnes, mainly as a result of a 7.6% year-on-year increase in... 

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