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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

End of small-scale mining ban in Ghana to hamper efforts to combat illegal mining

28th May 2018 The upcoming end of a ban on small-scale mining in Ghana will increase the difficulties in countering illegal mining in the country, with the practice likely to remain widespread, says research firm BMI. In turn, this will create potential risks to cocoa production and threaten social stability... 

NDB, DBSA to establish framework for cooperation

28th May 2018 The multilateral New Development Bank (NDB) and the Development Bank of Southern Africa (DBSA) have signed a memorandum of understanding (MoU) on general cooperation to formalise a framework of cooperation between the two organisations to promote initiatives that foster cooperation in areas of... 

Tongaat Hulett reports R1.9bn FY18 operating profit

28th May 2018 Agriculture and agroprocessing business Tongaat Hulett’s operating profit for the year ended March 31 reached just over R1.9-billion, with the company’s sugar operations recording an operating profit of R837-million, despite being adversely affected by several factors. Among these, were imports... 

Transport Decarbonisation Alliance launched

25th May 2018 The Transport Decarbonisation Alliance (TDA), a coalition aiming to catalyse the accelerated decarbonisation of the transport sector, was launched earlier this week in Leipzig, Germany, as part of the International Transport Forum (ITF). Rail transport company Alstom and partner companies, cities... 

Paramount’s KPE JV secures new armoured vehicle order in Kazakhstan

25th May 2018 Defence and aerospace company Paramount Group’s joint venture in Kazakhstan, Kazakhstan Paramount Engineering (KPE), has secured a new and substantial order from the government of Kazakhstan for its advanced 4 x 4 mine-protected armoured personnel carrier, the Arlan. This follows the recent... 

Global crude steel production increases 4.1% y/y in April

25th May 2018 Global crude steel production, as reported by the 64 countries reporting to the World Steel Association (worldsteel), was 148.3-million tonnes – a 4.1% increase compared with April 2017. China’s crude steel production for April was 76.7-million tonnes, an increase of 4.8% compared with April 2017. 

Esor postpones release of FY18 results

25th May 2018 Civil engineering and construction group Esor has postponed the release of its annual financial statements for the year ended February 28 to June 29. The group on Friday said it still needed to confirm various claims and provisions on certain material contracts and the related impact on revenue... 

Aton increases interest in M&R to 43.70%, lifts offer price to R17 a share

25th May 2018 German-owned Aton has acquired a further 18.25-million shares in Murray & Roberts (M&R). Following the settlement of these shares’ acquisition, Aton will hold 194.35-million shares in M&R, representing about 43.70% of the entire issued share capital. 

Debt a threat to viability of municipalities, Parliament warns

25th May 2018 South Africa’s rising municipal debt is becoming a major stumbling block to municipal viability, as municipalities are owed more than R138-billion by government departments, businesses and households. Parliamentary delegates attending a three-day Local Government Week programme have proposed a... 

Busa welcomes reopening of IRP consultations

25th May 2018 Business Unity South Africa (Busa) has welcomed the announcement by Energy Minister Jeff Radebe, before the Portfolio Committee on Energy, that the Integrated Resource Plan (IRP) be reopened for public consultation. Busa previously called for the IRP to be subjected to public consultation,... 

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