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Creamer Media Reporter

Sasol celebrates fifth anniversary of New York listing

9th April 2008 South African petrochemicals company Sasol will the New York stock exchange's closing bell on Wednesday, as its celebrates its five-year anniversary of listing on the New York Stock Exchange (NYSE). Sasol said in a statement that that the share price had appreciated almost five-fold from... 

Albidon earmarks $2,5bn to lift output at Zambian nickel project

8th April 2008 Aim-listed nickel and uranium explorer Albidon on Tuesday reported that its board approved a $2,5-million upgrade to the Munali concentrator, in Zambia, to increase nickel production from the project by 20%, which meant an increase to about 10 500 t/y of nickel in concentrate. The concentrator... 

PBMR signs research pact with another local university

8th April 2008 The Nelson Mandela Metropolitan University (NMMU) and the Pebble Bed Modular Reactor (PBMR) company on Tuesday signed an agreement for continued research on the nuclear fuel to be used in the first demonstration pebble bed modular reactor. PBMR CEO Jaco Kriek said that the company was... 

Mining Weekly 4 April 2008

4th April 2008  

Engineering News 4 April 2008

4th April 2008  

SA terminates AES peaking-power contract

3rd April 2008 South Africa's Department of Minerals and Energy had terminated a R5-billion contract with a consortium led by US power producer AES to build two open cycle gas turbines, South African newspapers reported on Thursday. Leading financial daily Business Day revealed that the DME's decision... 

Real Economy Report

3rd April 2008 From Creamer Media in Johannesburg, this is the Real Economy Report. Our top stories this week: South African born Nobel Medicine Prize Winner Sydney Brenner believes that South Africa can compete globally in biotechnology, Fidel Castro junior speaks on the importance of science to development,... 

Jasco releases upbeat trading statement

31st March 2008 JSE-listed telecoms-equipment and electronics company Jasco released a trading update on Monday in which it revealed that both earnings a share (EPS) and headline earnings a share (HEPS) were expected rise by between 21% and 34% when compared with results for the corresponding period last year. 

Altech’s year earnings may rise by up to 25%

31st March 2008 JSE-listed telecoms, multimedia and technology group Altech released a mandatory trading statement on Monday advising that its headline earnings a share for the financial year ended February 29, 2008, might increase by between 20% and 25% compared with the prior comparative period in 2007. 

Scheduled power cuts to start on Monday

28th March 2008 Constrained power utility Eskom on Friday stated that scheduled load shedding would start from Monday, March 31, as it continued to manage the tight conditions that the national system was operating under. The State-owned entity stated that "the largest portion of the load reduction... 


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