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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

Email: newsdesk@engineeringnews.co.za

Managem seeks additional 30% of Avocet's Tri-K project

3rd August 2018 Aim-listed Avocet is assessing whether the conditions for the second closing of its Tri-K transaction with Managem have been met. Avocet announced in October 2016 that it had entered into an agreement with Managem for Managem to ultimately earn a 70% interest in the Tri-K gold project, in Guinea,... 

Gemfields sells 90% of emeralds on offer at latest auction

3rd August 2018 Gemfields’ latest auction, comprising predominantly commercial quality rough emeralds, generated revenues of $10.89-million, with an overall average value of $4.21/ct achieved. The auction was held in Lusaka, Zambia, from July 30 to August 2. 

Globeleq acquires Brookfield’s South African renewables portfolio

3rd August 2018 Globeleq has entered into an agreement with an affiliate of Brookfield Asset Management to acquire Brookfield’s interest in its South African renewable energy portfolio.   The agreement is subject to various closing conditions and, once fulfilled, will give Globeleq a majority shareholding in six... 

Self-generation emerging as a big theme across Africa

3rd August 2018 Africa’s energy industry is not declining, but it is being disrupted, says GE gas power systems anglophone Africa sales MD Nosizwe Dlengezele. Addressing media at a briefing, in Johannesburg, on Tuesday, she noted that, ultimately, people who rely on the energy market will find ways to acquire... 

China–South Africa investment continues to grow

3rd August 2018 Trade and investment between China and South Africa remains on a positive growth trajectory, Standard Bank CEO Sim Tshabalala said on Monday. Addressing delegates at a media briefing marking the tenth anniversary of the strategic partnership between Standard Bank and the Industrial and Commercial... 

CCP hopes to get first investment approved by year-end

2nd August 2018 Recently launched 12J mining fund Concentrate Capital Partners (CCP) is hoping to get one of its first investments approved by year-end. Speaking to Mining Weekly Online on the sidelines of the 12J Marketplace conference, in Johannesburg, on Thursday, MD Paul Miller said the venture capital... 

Franchising industry a major contributor to South Africa’s GDP

2nd August 2018 The franchising industry contributed 13.4% to the country’s gross domestic product (GDP) in 2017, the Franchise Junction CEO Thys van Zyl said on Thursday. Addressing delegates at the 12J Marketplace conference, in Johannesburg, he pointed out that the franchising industry not only contributed to... 

Gold demand falls 4% y/y in Q2

2nd August 2018 Global gold demand remained muted at 964 t in the second quarter, 4% lower year-on-year, according to the World Gold Council’s (WGC’s) latest ‘Gold Demand Trends’ report. Speaking to Mining Weekly Online, WGC member and market relations head John Mulligan said mine production in the second... 

ERG secures electricity supply for DRC copper/cobalt operations

1st August 2018 Metalkol, a cobalt and copper tailings reprocessing project and a low-cost hydrometallurgical facility owned by Eurasian Resources Group (ERG), has signed an agreement to secure electricity supply for its operations in the Democratic Republic of the Congo (DRC) for up to ten years.   

RSR says it won’t issue PRASA with safety permit

1st August 2018 The Railway Safety Regulator (RSR) on Wednesday said the Passenger Rail Agency of South Africa (PRASA) was operating trains without a valid safety permit. PRASA’s safety permit, which was previously issued with special conditions, expired at midnight on July 31, and the RSR has taken the decision... 

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