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Simone Liedtke

Simone Liedtke

Simone Liedtke is a Creamer Media Online Writer for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Bushveld Minerals, AMCU resolve industrial action

25th September 2018 Aim-listed Bushveld Minerals has reached an agreement with the Association of Mineworkers and Construction Union (AMCU) regarding the matters that led to unprotected industrial action at Bushveld Vametco Alloys’ mine, near Brits, in the North West. The industrial action started on September 5,... 

Free State has potential to host further commercial kimberlites – Botswana Diamonds

25th September 2018 The Free State has the potential to host further commercial kimberlites, says Botswana Diamonds, referencing research in various archives into the history of diamond mining in South Africa. Following the initial document research work and ground truthing, Aim-listed Botswana Diamonds has since... 

Lenders agree to increase Royal Bafokeng Resources’ debt facilities to R3bn

25th September 2018 Nedbank and First Rand Bank, trading through its Rand Merchant Bank division, have agreed to increase Royal Bafokeng Resources’ (RBR’s) existing debt facilities from R2-billion to R3-billion. RBR, a subsidiary of Royal Bafokeng Platinum (RBPlat), earlier this year entered into an agreement to... 

Glencore increases share buy-back programme by $1bn

25th September 2018 Global diversified miner Glencore has increased its $1-billion share buy-back programme by a further $1-billion, and also extended the duration of the programme until the close of dealings in February 2019. The implementation of the programme is in line with the company’s financial policies and... 

Tongaat Hulett appoints interim CEO

21st September 2018 Sydney Mtsambiwa has been appointed as the interim CEO of JSE-listed agriculture and agroprocessing group Tongaat Hulett, with effect from November 1, following the retirement of long-serving CEO Peter Staude. Mtsambiwa will serve as the interim CEO until the board has finalised the appointment... 

South Africa’s logistics ranking retreats, but remains relatively strong

21st September 2018 The 2018 World Bank Logistics Performance Index (LPI) ranks South Africa as the third most competitive market behind Thailand and China in terms of logistics performance among upper-middle-income economies ranking. Brand South Africa on Thursday welcomed the results of the LPI, which also sees... 

Greater demand for transparency needed in African real estate industry

20th September 2018 There is a growing acknowledgement of the central role that a transparent real estate sector plays in providing healthy, productive and competitive environments for communities and businesses, investment management company JLL global research head Jeremy Kelly said on Thursday. Market... 

Anglo Asian declares first dividend, reports strong H1 results

19th September 2018 Aim-listed Anglo Asian has declared a maiden interim dividend, following the company’s move into a net cash position subsequent to June 30. The gold and copper miner, which operates in Azerbaijan, would pay a 3c a share dividend, it said on Wednesday, releasing a strong set of half-year results. 

Rainbow sees positive outcomes in FY18

19th September 2018 Following years of planning and preparation, LSE-listed Rainbow Rare Earths’ Gakara project, in Burundi, entered production in the 2018 financial year, ended June 30, and exported 575 t of rare earths concentrate. In a market dominated by Chinese producers, Rainbow chairperson Adonis Pouroulis... 

MRC places R160m mining equipment order with Epiroc

19th September 2018 Murray & Roberts Cementation (MRC) has placed more than R160-million of mining equipment orders with Epiroc. MRC recently ordered multiple drill rigs to be used for the underground production build-up of the Kalagadi manganese mine, in the Northern Cape. 

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