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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

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. 

Sasa calls for greater public input in sugar tax deliberations

23rd February 2017 The South African Sugar Association (Sasa) believes there has been insufficient public involvement in discussions on the implementation of the proposed tax on sugar-sweetened beverages. Finance Minister Pravin Gordhan on Wednesday confirmed that the proposed tax, which will be levied at a rate of... 

Petmin highlights delays in accessing new mining areas at Somkhele

23rd February 2017 JSE-listed Petmin’s normalised earnings decreased by 43% to 8.49c a share for the six months to December 31. The company attributed the lower earnings to lower average selling prices for anthracite exports and 12% higher operating costs as a result of delayed access to new mining areas at its... 

Murray & Roberts posts H1 loss

22nd February 2017 JSE-listed Murray & Roberts (M&R) on Wednesday reported an attributable loss of R60-million for the six months ended December 31. Revenue and profit from continuing operations were R10.7-billion and R119-million respectively for the period. 

SKA SA, Agri SA partner to benefit Karoo communities

22nd February 2017 Square Kilometre Array South Africa (SKA SA) and Agri SA have signed an agreement to ensure that local communities of the Karoo benefit from the SKA project. The SKA project is an international effort to build the world's largest radio telescope. 

Adcock Ingram geared for growth after positive H1 results

22nd February 2017 Each of JSE-listed Adcock Ingram’s business units had posted “solid performances” in the six months to December 31, achieving good growth in turnover and good cost control. The group on Wednesday reported a 70% increase in earnings a share and a 49% increase in headline earnings a share for the... 

Bacanora buys 50% stake in German lithium project

21st February 2017 Aim- and TSX-V-listed Bacanora will acquire a 50% stake in the Zinnwald lithium project, in Germany, from European solar panel producer SolarWorld for €5-million, plus an undertaking to invest a further €5-million on a feasibility study (FS). The FS is expected to take 18 to 24 months to complete. 

Downstream steel industry not supportive of AMSA’s lobby for tariff protection – Neasa

21st February 2017 The National Employers Association of South Africa (Neasa) on Tuesday requested that steel producer ArcelorMittal South Africa (AMSA) withdraw its plea to the downstream steel industry to join it in a united lobbying effort for higher levels of tariff protection on both primary and value-added... 

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