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No deal without trade-offs

By: Terence Creamer     11th May 2018 Over the past couple of months megaphone, or more accurately, Twitter, diplomacy seems to have borne a degree of fruit. Images of South Korean President Moon Jae-in and North Korean leader Kim Jong Un shaking hands over the concrete line dividing the two countries in the heavily-fortified... 

South Africa to continue lobbying US for exemption on steel, aluminium tariffs

By: African News Agency      10th May 2018 South Africa will continue talks with the United States in a bid to get concessions on import tariffs on aluminium and steel, Communications Minister Nomvula Mokonyane said on Thursday. Briefing journalists on the outcomes of Wednesday's fortnightly cabinet meeting, Mokonyane said government was... 

How Trump's steel tariffs kick the can business

By: Reuters     10th May 2018 Dan Vincent is in a bind. The president of Pacific Coast Producers (PCP) plans to use around 700-million tin-coated steel cans this year for tomatoes, peaches and pears from 168 growers here in California. 

Emira grows its US footprint

By: Simone Liedtke     8th May 2018 Real estate investment trust (Reit) Emira Property Fund has invested in its fourth shopping centre in the US. The company has undertaken its fourth equity deal in the US with its in-country partner, the Rainier Group of Companies, by acquiring 49% of the equity of Indiana-based Stony Creek... 

Fuel cell frenzy as cars, plants deploy platinum to protect environment

By: Martin Creamer     26th April 2018 Hyundai has just launched its new Nexo fuel cell car in South Korea, pre-orders for which exceeded expectations, Honda last month launched the new 2018 Clarity fuel cell car, Doosan Fuel Cell America has cut the ribbon on three 460 kW fuel cells at the Waterbury Pollution Control Authority in... 

Industry urges quick gas ramp up as Northern Territory gives fracking green light

By: Esmarie Swanepoel     17th April 2018 The Northern Territory government will lift a near two-year moratorium on fracking, accepting all 135 recommendations made by a recent independent inquiry. Chief Minister Michael Gunner said on Tuesday that the implementation of the recommendations in the inquiry report would begin, noting that... 

Goldman Sachs says you must own commodities in these tense times

By: Bloomberg     13th April 2018 The case for owning commodities has rarely been stronger, according to Goldman Sachs Group. With raw materials rallying on escalating political tensions across the globe and economic growth remaining strong, the bank’s analysts including Jeffrey Currie doubled down on their “overweight”... 

Glencore is losing billionaire allies to Trump's sanctions

By: Bloomberg     12th April 2018 The reach and power of US sanctions are hemming in the world’s largest commodity trader. In just four months, Glencore chief Ivan Glasenberg has lost two of his closest business allies as President Donald Trump’s aggressive foreign policy hits home, forcing him to cut ties with billionaires Oleg... 

Remember to look up at the stars

By: Riaan de Lange     30th March 2018 Writing this column tends to be a Sunday afternoon routine of contemplation and reflection on the week that was. But there are a few weeks, such as before the Easter holiday, when this routine is disrupted, as I am required to submit two instalments in one week. As I wrote this column, on the... 

Winter is coming – as the global Game of Thrones comes back to life

By: Rebecca Campbell     30th March 2018 There is a well-known slight misquotation of Karl Marx: History repeats itself, the first time as tragedy, the second time as farce. In the past few weeks, in international relations, we have seen a novel variation on this theme: tragic and farcical diplomatic crises happening pretty much... 

South Africa makes formal request for exclusion from US metals tariffs 

By: Terence Creamer     23rd March 2018 Trade and Industry Minister Dr Rob Davies has made a formal submission to the US requesting the exclusion of South Africa from the imposition of duties on steel and aluminium products. A provision allowing for country-based exclusions from a 25% increase in the steel tariff and a 10% duty on... 

Beadell gains Canadian listing for Tucano through Golden Harp merger

By: Esmarie Swanepoel     19th March 2018 ASX-listed gold miner Beadell Resources has inked a definitive agreement with TSX-V listed Golden Harp Resources to merge the companies. The new merged entity will be renamed Americano Mining, and will be listed on both the ASX and the TSX-V. 

As coal use wanes, US miners depend on foreign buyers, steel  

By: Bloomberg     8th March 2018 It keeps getting harder to sell coal in the US US miners are forecast to cut production 4.7% in 2018 as electricity generators shift increasingly to natural gas and renewable energy, according to the US Energy Information Administration. The expected total of 736.3 million short tons would be the... 

Trump says trade wars 'aren't so bad' in answer to Europe threat

By: Bloomberg     7th March 2018 President Donald Trump reiterated his commitment to slapping tariffs on steel and aluminum, dismissing concerns about a global trade war and saying the US has suffered from poor trading conditions with other nations, including those in the European Union. Just hours later, White House economic... 

Pushback on Trump tariffs gathers steam, Mexico rejects bid to split NAFTA

By: Reuters     6th March 2018 Republican lawmakers stepped up calls for President Donald Trump to pull back from proposed tariffs on steel and aluminium imports as key trading partner Mexico rejected a bid by Washington to drive a wedge between it and Canada in talks to renegotiate the North American Free Trade Agreement.... 

South African steel, aluminum firms watchful, but not overly anxious, as US tariff hikes loom

By: Terence Creamer     6th March 2018 South African steel and aluminium firms remain watchful and uncertain about the effects that a proposed increased US trade protection will have. However, the companies also indicate that they will seek to mitigate the risk through export diversification, as well as a continued focus on markets... 

Trump tariffs are black day for world, business, BHP CEO says

By: Bloomberg     6th March 2018 President Donald Trump’s plans to slap tariffs on steel and aluminium imports is a black day for the world and business, according to the biggest mining company. BHP Billiton and competitors could be hit should other economies follow the move by the US toward a more protectionist and anti... 

Africans are an optimistic and happy lot

By: Martin Zhuwakinyu     2nd March 2018 I have a little confession to make: I am an Afro-optimist. This means I am the diametrical opposite of Donald Trump, who, when he hears of Africans wanting to emigrate to the US, goes into a trance and starts seeing visions of our Nigerian brothers and sisters vowing, once they set foot on... 

Ugandan Refugee Turned Entrepreneur Saves Lives With Recycled Soap

19th February 2018 Renowned Ugandan refugee turned entrepreneur, human rights activist and CNN Hero, Dr. Derreck Kayongo, will be returning to Africa this year to share his inspiring story and recipe for success at the annual SAPICS Conference in Cape Town. Organisers of Africa’s leading event for supply chain... 

US seeks to boost output of 35 minerals, reduce import reliance

By: Reuters     17th February 2018 The United States should boost domestic production of 35 critical minerals including uranium, cobalt and lithium, to reduce its reliance on foreign suppliers, the Interior Department said on Friday. Aluminium and potash are also on the draft list of 35 critical materials used in basic... 

Any US tariffs could spark trade war, cut growth, Germany says

By: Reuters     15th February 2018 The German chamber of commerce said on Wednesday that US import tariffs on steel could trigger a trade war with major trading partners, which analysts say could cut growth in Europe's largest economy by up to one percentage point. US President Donald Trump said on Tuesday he was considering a... 

Convenient coding: the hand-held printer

13th February 2018 Coding and marking have come a long way since the concept of a machine-readable barcode was first patented in America in 1949. Innovation in this field has been fuelled by a growing demand for solutions that enable traceability through the entire value chain. It’s also been driven by a demand for... 

Advantage Lithium stock gains 11% on positive pump-flow tests

By: Henry Lazenby     7th February 2018 The TSX-V-listed equity of lithium explorer Advantage Lithium gained more than 11% on Tuesday, after the company released the positive results of recent drilling and pump tests on the flagship Cauchari lithium brine joint venture (JV), in Argentina. The latest exploration results include the... 

Albeit modest, metals sector poised for second consecutive year of growth 

By: Terence Creamer     2nd February 2018 South Africa’s metals and engineering sector is poised for a second consecutive year of modest growth, with the Steel and Engineering Federation of Southern Africa (Seifsa) forecasting a 1.1% expansion for 2018. The sector grew by 2.7% in 2017, breaking a streak of three consecutive years of... 

Crop munching pest in Africa raises hunger threat

By: Reuters     29th January 2018 A crop munching worm that can fly up to 100 km (60 miles) at night is spreading rapidly across Africa, threatening food production and the livelihoods of millions of farmers already struggling with conflicts and drought, experts said on Friday. The larvae form of fall armyworm prefers maize, but... 

As global economy hums, Davos turns bullish on commodities

By: Bloomberg     27th January 2018 The last two editions of the World Economic Forum were somber affairs for oil industry chieftains and commodities tycoons. The consensus in Davos was that oil was going to stay low, OPEC would fail to lift prices, and the mining industry faced a difficult time. Roll forward to 2018 and there’s... 

Ford complains rising metals costs hurt profits, rivals unphased

By: Reuters     24th January 2018 When Ford Motor reports fourth-quarter results on Wednesday afternoon, it is expected to fret that rising metals costs have cut into profits, even as rivals say they have the problem under control. Aluminium prices have risen 20% in the last year and nearly 11% since December 11. Steel prices... 

Senator, uranium producers urge US govt to investigate reliance on Russian imports

By: Henry Lazenby     20th January 2018 US Republican senator for Wyoming John Barrasso has called on the Commerce Department to launch an investigation into the effects of uranium imports on US national security. "For years, government-owned uranium producers in Russia, Kazakhstan and Uzbekistan have unfairly flooded American markets... 

The smartest guys and gals in the room?

By: Riaan de Lange     19th January 2018 If only . . .  I fear that the guys and gals are anything but. For one, they have to be in the room. Before I talk about the ‘they’, let me just explain the old business adage, to ‘be in the room’. To ‘be in the room’, they needed to, at the very least, concentrate and focus on what they were... 

Davos paper attacks Trump's views on trade

By: Reuters     17th January 2018 US President Donald Trump's view of world trade will be challenged next week when he visits the World Economic Forum (WEF) at Davos, judging by a paper seen by Reuters on Wednesday that is aimed squarely at his "America First" stance. The "Strategic Brief on Misconceptions around Trade Balances"... 

BRAND FORCE

15th December 2017 Japanese automotive group Nissan used the Los Angeles Auto Show, in California, to draw attention to its brand with a fleet of seven Star Wars-themed vehicles. In this photograph, actors dressed as Stormtroopers stand alongside the AT-M6 Titan concept vehicle. The vehicles were used to promote... 

Macron: World is losing battle against climate change

By: News24Wire      13th December 2017 French President Emmanuel Macron delivered a stark warning on climate change at a meeting in Paris, urging political and business leaders to launch an urgent new phase in the fight against global warming. "We are losing the battle," Macron said at Tuesday's " One Planet " summit.  "We must all... 

Wada Group -- key of slurry Pump aftermarket

11th December 2017 Wada Group, a major manufacturer and service provider that delivers ideal alternative pump solutions for the mineral processing and mining industries, specialises in mineral processing equipment, providing slurry pumps, as well as rubber, metal wear parts and other spares. Wada not only services... 

Bar codes: back to the beginning

29th November 2017 Bar codes – and more modern versions such as two-dimensional codes and QR codes – allow organisations around the globe to uniquely identify their products and trace these at every point along the value chain. It’s difficult to imagine life without machine-readable product codes, but this concept... 

Electric cars' success leaves Toyota isolated with hydrogen bet

By: Bloomberg     27th November 2017 Toyota Motor, which has made a big bet on hydrogen-powered cars, is looking more isolated as industry rivals double down on plug-in electric vehicles as the dominant technology in the emerging post-fossil fuel era. Three years ago, Toyota president Akio Toyoda, grandson of company founder... 

South African economy faces major challenges, but turnaround not difficult task, says Kganyago

By: African News Agency      10th November 2017 The South African economy faces major challenges and economic growth was weak as unemployment remained high despite terms of trade being favourable and global recovery, however, it should not be a difficult task to turn things around, South African Reserve Bank (SARB) Governor Lesetja Kganyago... 

Phoenix Global embarks on ambitious plan to restart Empire copper mine, Idaho

By: Henry Lazenby     8th November 2017 Aim-listed copper junior Phoenix Global Mining has formulated an ambitious growth strategy to restart mining at the brownfields Empire copper mine, in Idaho, by 2020. The company made its debut on the LSE's Aim market late in June, with the aim of bringing the historic mine back into production,... 

America's miners are digging for hotter coals as old plants shut

By: Bloomberg     18th October 2017 Early next year, three massive coal-fired power plants in Texas will close for good. And their absence will be felt 1,000 miles away in the coal pits of Wyoming and Montana. There, in the energy-rich Powder River Basin, miners have for decades carved out coal that’s cheap but packs less heat than... 

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