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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

Challenges loom in agricultural sector

1st March 2017 The National Development Plan identifies the agricultural and agroprocessing sectors as drivers of growth, job creation and increased exports, as well as being key for the growth of small, medium-sized and microenterprises. However, it also identifies a number of obstacles that could potentially... 

One-off items impact AECI’s top-line performance in FY16

28th February 2017 JSE-listed AECI on Tuesday said its core operating segments, explosives and specialty chemicals, have delivered “commendable” performances in 2016, despite a difficult domestic and global trading environment. Group revenue grew by 1% year-on-year to R18.6-billion for the 12 months to December 31,... 

Recycled polystyrene used in construction of new mall

28th February 2017 More than 15 t of recycled expanded polystyrene have gone into the production of 20 000 of alternative building company Greenlite Concrete’s concrete blocks for use in the new Table Bay Mall that is under construction. The 65 000 m² mall, which is expected to open in September, is located on a 20... 

Kirkland Lake beats 2016 cost guidance

28th February 2017 Canadian miner Kirkland Lake Gold has beaten its operating cost and all-in sustaining cost (AISC) guidance for 2016. Preliminary results show an operating cost of $575/oz and an AISC of $920/oz for the year ended December 31, compared with its forecast operating cost guidance of $600/oz to... 

Mining starts at Alecto’s Mowana mine

27th February 2017 Africa-focused gold and copper exploration company Alecto Minerals has started mining operations at the Mowana copper project, in Botswana. “The arrival of our mining contractor and the earthmoving equipment on site marks the beginning of a very exciting three-month period, which will be... 

Botswana Diamonds raises funds as exploration activities gain momentum

27th February 2017 Aim-listed Botswana Diamonds has raised £525 000 through the placing of 35-million new ordinary shares at 1.5p a share. The net proceeds of the placing will be used to fund ongoing kimberlite drilling at its Frischgewaagt property in South Africa, drilling in Botswana, exploration work in South... 

Bidvest lifts H1 headline earnings, revenue

27th February 2017 JSE-listed Bidvest’s headline earnings increased by 5.6% to R1.7-billion for the six months ended December 31, while revenue increased 4.1% to R3-billion. Despite the competitive and difficult operating environment, five of the group’s divisions managed to maintain or increase margins through... 

Northam narrows H1 loss, lifts operating profit

24th February 2017 JSE-listed Northam Platinum has narrowed its loss to R226.6-million for the six months to December 31, compared with a loss of R273-million in the six months to December 31, 2015. Revenue rose 7.9% year-on-year to R3.5-billion, owing to a 19.1% increase in the revenue per platinum ounce sold and... 

Northam buys Glencore’s Eland mine for R175m; secures chrome marketing agreement

24th February 2017 JSE-listed Northam Platinum has acquired the Eland platinum mine from Glencore Operations South Africa for R175-million.  It has also concluded an exclusive chrome marketing agreement with Glencore International, which will market and sell chrome produced at Northam’s Zondereinde and Booysendal... 

Nersa allows Eskom to raise tariffs by 2.2% in 2017/18

23rd February 2017 The National Energy Regulator of South Africa (Nersa) has allowed State-owned Eskom to raise its tariffs by 2.2% for the 2017/18 year. Nersa chairperson Jacob Modise on Wednesday said the regulator had confirmed Eskom’s allowable revenues of R205-billion for the period. 

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