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Highland lifts Q3 output 14.6%

11th October 2017 Russia-focused gold miner Highland Gold has increased its production by 14.6% year-on-year to 71 767 oz in the third quarter, ensuring that the company remains on track to meet its full-year guidance of 255 000 oz to 265 000 oz. From the Khabarovsk region, production at the Mnogovershinnoye mine... 

Lake Charles Chemicals Project, US

25th August 2017 The project is on track and 74% complete. 

Fluor Igoda awarded five-year SAPREF services contract

24th August 2017 Fluor Igoda Projects (Pty) Ltd, an engineering, procurement, project and construction management (EPCM) services company, was awarded a five-year contract by SAPREF (South African Petroleum Refiners (Pty) Ltd) for the provision of professional services and resources. The contract commenced in... 

Port of Ngqura manganese export expansion project, South Africa

4th August 2017 Transnet Freight Rail plans to increase the capacity on its manganese rail line beyond 5.5-million tonnes to an eventual 16-million tons. 
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McKinsey 'embarrassed' by failings in South Africa scandal

McKinsey said on Tuesday it was embarrassed by errors it made while working with South African utility Eskom on a R1.6-billion contract that is being investigated by Parliament and police over allegations of fraud. Privately-held McKinsey, the world's largest management consultancy, said it had... 

SARB cautious about more rate cuts

The South African Reserve Bank (SARB) is taking a cautious approach to monetary policy as risks to the inflation outlook are on the upside, deputy governor Daniel Mminele said. South Africa's consumer price inflation stood at 4.8% year-on-year in August. Statistics South Africa is due to publish... 
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