http://www.engineeringnews.co.za
R/€ = 15.65 Change: 0.00
R/$ = 13.43 Change: -0.01
Au 1269.43 $/oz Change: 1.33
Pt 878.00 $/oz Change: 13.83
 

Schalk Burger

Schalk Burger

Schalk Burger is Creamer Media Senior Contributing Editor for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Rio Tinto sells stake in Kestrel coal mine for $2.25bn

27th March 2018 Diversified miner Rio Tinto will sell its 80% stake in the Kestrel underground coal, in Queensland, Australia, to private equity manager EMR Capital and Indonesian listed coal company PT Adaro Energy for $2.25-billion. “The sale of Kestrel, together with the announced divestments of Hail Creek... 

Firestone recovers 379 716 ct in H1

27th March 2018 JOHANNESBURG (miningweekly.com) – Aim-listed Firestone Diamonds recovered 379 716 ct of diamonds from its Liqhobong mine, in Lesotho, in the six months to December 31. CEO Stuart Brown said in a statement on Tuesday that commercial production at the mine had started on July 1 and that the... 

Plug-and-play IoT edge gateway launched for industry, mining

27th March 2018 Information technology (IT) hardware multinational DellEMC and local Internet of Things (IoT) developer IoT.nxt have launched an edge computing device, called the Raptor, which enables businesses to deploy an IoT network in their operational environments to integrate existing sensors and... 

IoT security spending set to increase in 2018

23rd March 2018 Research and advisory multinational Gartner forecasts that worldwide spending on Internet of Things (IoT) security will reach $1.5-billion in 2018, a 28% increase from 2017’s spending of $1.2-billion. Spending on IoT security is increasing, and a survey has revealed that one in five organisations... 

Partnerships key to sustaining high-quality industrial training programmes

23rd March 2018 A combination of partnerships and an adherence to high-quality standards of training are necessary to provide the broadest, most impactful and valuable youth development initiatives for industries, says testing, inspection and certification multinational SGS South Africa certification and... 

Cloud services helping companies change business IT

23rd March 2018 Transitional cloud services and offerings are helping companies to change their business information technology (IT) and hardware gradually, allowing them to familiarise themselves with the new business objectives of responsiveness, adaptability and data stewardship, says Oracle Africa cloud... 

Digital payments can boost urban economies, support smart cities

23rd March 2018 Digital payments technology is a crucial enabler of smart cities and can provide significant benefits to consumers, businesses, governments and economies. Changes to the way in which people and companies pay for goods and services – brought about mainly by digital technologies – present an... 

Sephaku Cement FY profit declines 16%

22nd March 2018 Nigeria-backed cement producer Sephaku Cement has posted a 16% drop in its full-year profit, despite revenue increasing by 3.7% to R2.37-billion in 2017. The company turned a profit of R73.9-million in the second half of the year, compared with a loss of R16.1-million in the first half,... 

New Lucara management to focus on Karowe, digital sales platform

22nd March 2018 JOHANNESBURG (miningweekly.com) – TSX-listed diamond miner Lucara has announced that incoming Lucara CFO and corporate secretary Zara Boldt will join the management team as the company focuses on increasing the value of its core diamond mining business at Karowe, Botswana, and on supporting the... 

Glencore to raise $500m through nondilutive bonds issuance

22nd March 2018 LSE- and JSE-listed diversified natural resource multinational Glencore will issue $500-million cash-settled, guaranteed convertible bonds, which will not dilute its shareholding, the company said in a statement on Thursday. The company will, concurrently with the bonds (due in 2025), buy from... 

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Now for $119 Close