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Mongolian court says copper mine nationalisation broke laws

By: Reuters     21st September 2018 The Mongolian government broke laws during a controversial attempt to seize full control over the Erdenet copper mine, a local court said on Thursday, the latest ruling in a long-running ownership dispute over one of Asia's biggest deposits. The Mongolian Copper Corporation (MCC) has been... 

The industrialisation debate in SA – what are the lessons?

By: Saliem Fakir     21st September 2018 Manufacturing has been in slow decline in the past decade or so. The sector has always been treated as a useful link between mining and higher-value beneficiation. Light and heavy industrialisation were, and in some respects still are, at the core of South Africa's industrial base. Before the... 

Minergy lauds Botswana regulatory authorities

By: Martin Creamer     20th September 2018 Minergy CEO Andre Bojé is full of praise for Botswana’s regulatory authorities, who he says use legislation to assist mining investment. Minergy, which is listed on the Botswana Stock Exchange, has begun work on its maiden 390-million-tonne Masama, located in the Mmamabula coalfield, 50 km north... 

With copper options, China steps up challenge to London, New York rivals

By: Reuters     20th September 2018 The Shanghai Futures Exchange (ShFE) will launch copper options trading on Friday, aiming to take a slice of a $270 billion global market in one of its biggest challenges yet to London and New York rivals. The product, which follows the launch of sugar and soymeal options last year, comes as... 

Nickel producers eye Indonesia to plug into EV battery market

By: Reuters     14th September 2018 Several global metals producers have set their sights on Indonesia's nickel reserves to tap an expected surge in demand for the metal for electric vehicle batteries. Sumitomo Metal Mining (SMM) said on Thursday that it and nickel miner PT Vale Indonesia are conducting a feasibility study to... 

Weba Chute Systems

14th September 2018 Effective transfer of materials in chutes is a pressing issue for all mines. With the spotlight firmly on increasing productivity through more effective discharge of materials, coupled with minimising downtime and maintenance, solutions are critical to sustainability. With over 4 000 transfer... 

Ultra-3000 offered to local, international markets

By: Tasneem Bulbulia     13th September 2018 Concrete products machinery manufacturer Pan Mixers South Africa (PMSA) completed trials for the Ultra-3000 last month, and is offering this “unmatched machine” to the South African and international markets, PMSA marketing and sales manager Quintin Booysen tells Engineering News. The PMSA-Ultra... 

African Chemicals Imbizo: The Gateway to Africa

7th September 2018 eThekwini Municipality and the Durban Chemicals Cluster will host the continent’s largest chemicals manufacturing event focussed on driving chemicals manufacturing growth and trade. The fourth African Chemicals Imbizo 2018 takes place on 24 October 2018 at the Durban ICC. It will strengthen ties... 

2018 platinum demand and supply seen contracting – WPIC

By: Nadine James     6th September 2018 Global platinum demand and supply will contract by 2% in 2018, the World Platinum Investment Council (WPIC) said in its latest Platinum Quarterly report on Thursday. Platinum supply is forecast to slip from 8.06-million ounces in 2017 to 7.91-million ounces in 2018, as most mining regions are... 

At China-Africa summit, officials dismiss debt criticism

By: News24Wire      5th September 2018 Chinese and African officials have rejected criticism of Beijing's development projects on the continent as they ended a summit that included a $60-billion pledge for more aid to the continent. President Xi Jinping hosted leaders from across Africa  amid questions whether his country's Belt and... 

China not Africa's new colonial power – Ramaphosa

By: African News Agency      3rd September 2018 South African President Cyril Ramaphosa used his address at the opening ceremony of the Forum on China–Africa Cooperation (FOCAC) in Beijing on Monday to rebut claims that China was becoming Africa's new colonial power. "In the values that it promotes, in the manner that it operates and in the... 

Inside Albemarle's quest to reinvent the lithium market

By: Reuters     30th August 2018 As global demand for lithium hits overdrive, Albemarle Corp is investing millions of dollars to engineer specialised types of the light metal for electric car batteries, part of a strategy to remain the niche market's top producer. The pivot comes as battery makers such as Panasonic Corp, the... 

Leading international provider of automotive logistics solutions in China: Kuehne + Nagel establishes Joint Venture with Sincero

24th August 2018 Kuehne + Nagel to hold the majority share of the joint venture Enlargement of the contract logistics footprint for the automotive industry in China by almost 70 per cent 

Auto thought leader on need to build Tier 2 and 3 suppliers as local content falls

By: Irma Venter     24th August 2018 The South African automotive industry is eagerly awaiting the announcement of the details of government’s new support programme, the Automotive Masterplan, which is set to guide the industry’s investment activities from 2020 to 2035. The masterplan will perhaps be South Africa’s most challenging... 

Anglo Pacific enters H2 in strong position as quality products attract premium

By: Mariaan Webb     23rd August 2018 London-based resource royalties firm Anglo Pacific has reported continued growth in its income during the first half of 2018, with the company swinging to a profit of £13-million, from a loss of £2.5-million in the prior-year period. Total income from the group’s portfolio increased by 20% to... 

Bidcorp FY18 headline earnings rise 9% y/y

By: Anine Kilian     22nd August 2018 JSE-listed Bidcorp on Wednesday reported a 9% year-on-year increase in headline earnings a share to R12.86 for the year ended June 30. Group CE Bernard Berson said the company achieved solid results, backed by strong operational cash flows and a positive trading performance in all regions in... 

Global copper mine production up 5.7% in first five months of 2018 – ICSG

By: Marleny Arnoldi     21st August 2018 The International Copper Study Group (ICSG) says global mine production of copper in the first five months of this year increased by 5.7% year-on-year to about 450 000 t, while concentrate production increased by 5.5% year-on-year and solvent extraction and electrowinning (SX-EW) increased by 6%... 

China sells diesel to South Africa as refiners seek new export markets

By: Reuters     20th August 2018 State-run oil company Sinopec is selling diesel as far afield as South Africa as China's refiners seek homes for their surplus fuel in the latest sign of troubles in the domestic refining business. Sinopec said on Monday it shipped its first 30 000 t of diesel from its Shanghai refinery heading... 

New Asia market manager appointed for South African wines body

By: Schalk Burger     17th August 2018 Winemaker industry body Wines of South Africa (WoSA) has appointed Marcus Ford as its new Asia market manager, effective August 20. He will be based in Shanghai, China, and responsible for running all marketing activities throughout mainland China, Hong Kong and Japan, the organisation said on... 

Canada Cobalt produces first cobalt sulphate from Castle mine

By: Schalk Burger     17th August 2018 TSX-listed Canada Cobalt Works produced the first premium-grade cobalt sulphate from its 100%-owned Castle mine, in Northern Ontario, using its proprietary Re-2OX process.  President and CEO Frank Basa said in a statement on Thursday that pilot plant production of cobalt/nickel-rich gravity... 

AB InBev to build new brewery in fast-growing Mozambique

By: Reuters     8th August 2018 Anheuser-Busch InBev, the world's biggest brewer, will start building a more than two-million hectolitre a year brewery in Mozambique in the second half of next year, the company's Africa head said on Tuesday. The Mozambique investment will look to fend off competition from rival Heineken, which... 

DA proposes free trade, cost and regulatory reductions to stimulate manufacturing

By: Schalk Burger     7th August 2018 Political party, the Democratic Alliance (DA), on Tuesday proposed increased free trade and reducing regulatory burdens and energy costs to stimulate manufacturing in South Africa. In its policy proposal, ‘Manufacturing a new economic future’, the party states that “an effective trade policy... 

Global gold-backed ETF holdings fall significantly in July

By: Nadine James     7th August 2018 Holdings in global gold-backed exchange-traded funds(ETFs) and similar products fell by 39 t to 2 394 t in July, the World Gold Council (WGC) reported on Tuesday. This has pushed assets under management (AUM) in down to $94-billion from $98-billion in June. 

Dartbrook underground poised for restart with partner

By: Esmarie Swanepoel     6th August 2018 ASX-listed Australian Pacific Coal has struck a joint venture (JV) agreement with a subsidiary of Stella Natural Resources to restart underground operations at the Dartbrook coal mine, in New South Wales. Under the terms of the binding agreement, SNR Mineral Assets will pay Australia Pacific... 

Noble Group sues Australian coal producers for alleged breaches

By: Bloomberg     3rd August 2018 Noble Group, the commodity trader seeking to push through a restructuring after losing billions of dollars and defaulting, has filed a claim in Australia against two coal producers for alleged breaches of contractual obligations under a marketing services agreement. The Singapore-listed company,... 

Nacala corridor transaction reaffirms ‘Africa open for business’

By: Simone Liedtke     30th July 2018 Owing to a consortium of three export credit agencies (ECAs), the African Development Bank (AfDB) and a lending consortium of six international and four South African banks, a collaboration on funding for the revamp and extension of the Nacala Logistics Corridor has successfully raised... 

Biodegradable polymer market value to grow to $1.7bn by 2023

By: Marleny Arnoldi     27th July 2018 As plastic regulations and bans on plastic bags and other single-use plastic items such as drinking straws increase globally, the demand and, therefore, market value of biodegradable polymers exceeds $1-billion and will rise sharply to $1.7-billion by 2023, says global information provider IHS... 

Funding a vital link across 912kms

27th July 2018 Railway infrastructure is key to the growth of any economy – all the more, if you are exporting coal across international trade waters. Thanks to the revamped and extended Nacala Logistics Corridor, the Moatize coal mine in the northwest Tete region of Mozambique can now export greater volumes of... 

Lack of investment stymies SA coal producers

By: Nadine James     27th July 2018 A lack of investment is hindering the South African coal industry’s ability to capitalise on a period of relatively stable demand for thermal and metallurgical coal locally and abroad, says XMP Consulting senior coal analyst Xavier Prevost. The local coal industry is experiencing a challenging... 

Peabody looks at longer life for North Goonyella

By: Esmarie Swanepoel     26th July 2018 The Queensland Resources Council (QRC) has welcomed a decision by US major Peabody to extend its North Goonyella metallurgical coal mine, near Moranbah. Peabody on Thursday reported that with some 71-million short tonnes across the mine, the North Goonyella South project would extend the mine’s... 

BMI raises thermal coal price forecast to $100/t  

By: Anine Kilian     24th July 2018 BMI has increased its thermal coal price forecast for this year to $100/t from $85/t previously as a result of tight supply from exporting countries and higher demand on the back of hot weather in importing countries.  The research company said in a statement on Tuesday that Newcastle coal prices... 

Commodity price volatility will prevail as long as trade war threats prevail – BMI

By: Marleny Arnoldi     20th July 2018 Research firm BMI says most commodity prices will remain neutral on a three-month horizon, with the exception of oil prices which it expects to increase. Commodity prices performed poorly over June and July, but BMI believes the downside is limited for now as the drop in sentiment overshot... 

HillHead 2018

By: Creamer Media Reporter      20th July 2018 With an unprecedented 546 exhibitors and almost 20,000 trade visitors in attendance, Hillhead 2018 was the biggest and most successful show to date For three gloriously sunny days at the end of June, as Britain sweltered in simmering summer temperatures, Tarmac’s Hillhead Quarry, near Buxton,... 

Provincial presence benefits company

20th July 2018 Geosynthetic products manufacturer and supplier Fibertex SA’s local operation plant in Hammarsdale, KwaZulu-Natal, is well positioned to meet growing demand for geosynthetic products, not only in Africa, but also from countries in Europe, Australasia and Asia, and is the largest plant in Africa... 

WGC ‘optimistic’ about gold’s H2 performance

By: Marleny Arnoldi     19th July 2018 Gold investors saw their fortunes change during the second quarter after benefiting from gold’s strong performance in the first quarter, says the World Gold Council (WGC) in its mid-year outlook. The study considers the impact of global economic trends on gold’s performance.  

BHP beats production expectations; warns of $650m Samarco charge

By: Esmarie Swanepoel     18th July 2018 Diversified giant BHP on Wednesday announced that the company had met or exceeded the production expectations for its commodities during the 2018 financial year, but warned of a $650-million financial impact related to the Samarco dam failure, in Brazil. “We have delivered a strong finish to the... 

Ramaphosa’s $100bn investment target will be reached in a year – Brics ambassador 

By: African News Agency      18th July 2018 The target set by President Cyril Ramaphosa to garner $100-billion in local and foreign investment to boost the South African economy is “modest” and would be achieved within a year, Professor Anil Sooklal said on Tuesday. “The $100-billion is a modest target. I believe we will reach that in a... 

Study indicates FDI can provide credible solutions to several social issues

By: Simone Liedtke     17th July 2018 If guided wisely, foreign direct investment (FDI) can provide credible solutions to inequality, and alleviate urban poverty and unemployment, the United Nations Human Settlements Programme (UN-Habitat) said on Tuesday with the release of its ‘State of the African Cities 2018’ report. Drawing on a... 

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