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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

Gold-backed ETFs increased by 9.1 t in November

6th December 2017 Gold-backed exchange-traded funds (ETFs) grew by 9.1 t during November, World Gold Council (WGC) data showed on Wednesday. With global gold-backed ETFs collectively holding 2 357 t, funds added 198 t of gold, equivalent to $8.5-billion, so far this year, which represents an increase of 8.3% in... 

Tshipi Borwa manganese mine boosts Jupiter to R336-million interim profit

6th December 2017 South Africa’s Tshipi Borwa manganese mine provided ASX-listed Jupiter Mines with an interim profit of R336-million, while its Australian Mount Ida magnetite and Mount Mason direct shipping ore hematite projects remain under care and maintenance. “During the half-year period, the focus was on the... 

Vukile continues to grow Spain retail portfolio

6th December 2017 JSE-listed retail property trading company Vukile Property Fund added two Spanish retail parks, worth about €65-million, to its portfolio of 11 other Spanish retail parks. CEO Laurence Rapp said in a note on Wednesday that the total value of the Spanish portfolio was about €290-million. Vukile’s... 

Steinhoff’s STAR largely unaffected by group troubles

6th December 2017 JSE-listed African retail subsidiary Steinhoff Africa Retail (STAR) announced on Wednesday that it was “unaffected by the events at [JSE-listed retail multinational] Steinhoff”. Steinhoff has delayed the publication of its 2017 financial results indefinitely as it investigates what it terms... 

Total, Sonangol sign new project pipeline agreements

5th December 2017 Oil and gas multinational Total and Angola State-owned oil company Sonangol have signed various agreements to jointly develop new upstream and downstream projects. Total chairperson and CEO Patrick Pouyanné on Monday held an audience with Angolan President João Lourenço and Sonangol chairperson... 

Vivo to gain 300 stations in 9 African countries in Engen share transaction

5th December 2017 Petroleum and energy company Vivo Energy, which represents oil multinational Shell’s brand of fuels and lubricants in Africa, will gain 300 service stations across nine African countries after it agreed to buys shares in oil multinational Engen International Holdings from Engen Holdings in... 

Second Norway-South Africa Science Week to stimulate oceans science and economy

1st December 2017 The second Norway-South Africa Science Week will provide a platform for scientists, researchers, civil servants and business people from both countries to share best practices and policies to promote the sustainable use of ocean resources. Norwegian ambassador to South Africa, Botswana,... 

Waltloo fibre-optic factory to supply African telecoms industry

1st December 2017 A newly built R100-million fibre-optic production facility in Waltloo, Tshwane, will manufacture optical fibre, optical-fibre cabling and speciality phototonic solutions for the telecommunications industry in Africa, says telecommunications specialist distributor Dartcom Fibre Solutions... 

Extending digital backbone to remote regions will stimulate development

1st December 2017 Business software company Microsoft South Africa is proposing the use of its low frequency technology that uses television white spaces to provide connectivity to support development in remote and rural communities in South Africa, says Microsoft South Africa public-sector director Lillian... 

Corporate culture and people key to effective use of business technologies

1st December 2017 One of the biggest mistakes organisations make when deploying new business technologies is ignoring the human element, says business software specialist Epic ERP MD Stuart Scanlon. Virtualisation, cloud computing and machine-learning have become common terms in organisations across different... 

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