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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

Ncondezi to restructure loan

10th August 2018 Aim-listed Ncondezi Energy has received a number of proposals to refinance or restructure its existing $5.1-million loan. “In parallel to the good progress that has been made with its potential strategic partners over the last 12 months, the company has been considering a number of loan... 

Necsa, Rosatom subsidiary partner on nuclear medicine

10th August 2018 The South African Nuclear Energy Corporation (Necsa) and Rusatom Healthcare, the healthcare division of Russian State-owned nuclear corporation Rosatom, recently signed an agreement to cooperate with each other on nonpower-related uses of nuclear technology. The agreement, which is based on... 

Private-equity investment more than doubles in Southern Africa

10th August 2018 The Southern African private equity industry invested R31.3-billion in 2017, which represents an increase of 102% on the R15.5-billion invested in the previous year and well above the yearly average of R14.7-billion a year invested over the preceding ten years. Further, South Africa’s private... 

Resilient Waters project gets US backing

10th August 2018 The United States Agency for International Development (USAID) has launched a five-year, $32.4-million project called Resilient Waters to address severe water challenges facing the Limpopo river basin and Okavango river basin communities. The project will work to provide access to safe drinking... 

Exxaro expects to report higher H1 earnings

8th August 2018 Diversified miner Exxaro Resources expects to report a 41% to 54% year-on-year increase in attributable earnings per share (AEPS) for the six months ended June 30. The company on Wednesday said its AEPS are likelty  to be between R12.05 and R13.15, compared with the R8.52 reported for the six... 

Bauba signs chrome offtake agreement

8th August 2018 JSE-listed Bauba Platinum has signed a chromite ore commodity purchase contract with Gerald Metals and Pelagic Resources for chrome ore run-of-mine (RoM) produced at its Moeijelijk mine, in Limpopo. This agreement is underpinned by a $5-million prepayment, which represents a part prepayment on... 

Rainbow, TechMet to consider feasibility of downstream rare earths separation

8th August 2018 Aim-listed Rainbow Rare Earths has entered into a cooperation agreement with TechMet to fund a definitive feasibility study (DFS) into downstream rare earths separation. Subject to the completion of an initial scoping exercise, Rainbow and TechMet will form a joint venture to commission and... 

Investments in paper business start paying off – Mpact

8th August 2018 Capital investments in JSE-listed Mpact’s paper business are starting to contribute to the group’s performance, CEO Bruce Strong said on Wednesday. Reporting on the group’s results for the six months ended June 30, he noted that the gains made in the paper business had, however, been offset by a... 

Katanga’s H1 copper, cobalt revenues rise

8th August 2018 TSX-listed Katanga Mining on Wednesday reported that its copper revenue for the first half of this year increased to $350.86-million, compared with $3 000 in the first half of 2017, while its cobalt revenue increased to $141.1-million, from zero revenue in the first half of the prior year. “The... 

BBC appoints new president

8th August 2018 Sandile Zungu has been elected the new president of the Black Business Council (BBC). He succeeds Danisa Baloyi, whose term has come to an end. 

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