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‘Exceptional’ rare earth grades confirmed at Burundi prospect

10th August 2017 Independent laboratory testing recently undertaken at the Gasagwe prospect at LSE-listed Rainbow Rare Earths’ Gakara project, in Burundi, has returned an average total rare earth oxide (TREO) grade of 62.17%. This grade compares favourably with the average grade of 57% contained within... 

Gold deals underpin second-quarter M&A activity

4th August 2017 The value of global merger and acquisition (M&A) activity in the second quarter of 2017 increased by 13% on the previous quarter, to $14.8-billion, and by some 71% on the previous quarter, advisory firm EY reported. While deal volumes during the quarter declined slightly from 117 deals in the... 

Forging market for automotive application to be valued at $56-billion by 2022

10th March 2017 Market research company Zion Market Research has published a new report highlighting that the global steel forging market for automotive applications was valued at $41.77-billion in 2016 and is expected to reach $56-billion in 2022, growing at a compound annual growth rate (CAGR) of 5.1% between... 

Medupi power station project, South Africa

18th November 2016 SNC-Lavalin has been awarded the inspections work of Unit 6 at the Medupi power station. 
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Fitch keeps South Africa's credit ratings unchanged at BB+, stable outlook

Ratings firm Fitch kept both South Africa's local and foreign currency credit ratings unchanged at BB+, one notch below investment grade, with a stable outlook, the agency said on Thursday. In April, Fitch downgraded South Africa's credit rating to sub-investment grade after Prsident Jacob Zuma... 

Fitch is giving South Africa a chance to address issues – National Treasury

Fitch ratings agency’s decision on Thursday, to maintain South Africa’s long-term foreign and local currency debt rating at BB+ has given the country a chance to address issues in a manner that will see an upward revision in its ratings, National Treasury said. It said the reprieve could not see... 
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