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Personalised Experiences, Neighbourhood ‘Live Sites’ And Temporary Venues Help Create More Inclusive, Cost-Effective Olympic Games Predicts Arup

3rd May 2018 Design, engineering and consulting firm Arup, has been involved in some of the best-known sporting destinations from the Singapore Sports Hub, through to the Bird’s Nest Stadium and Water Cube in Beijing and many of the venues and long-terms plans for London 2012 and the Queen Elizabeth Olympic... 

Four South African cities strive to make all new buildings zero-carbon 

By: Simone Liedtke     16th April 2018 Residents and businesses moving into new buildings in Johannesburg, Cape Town, Durban and Tshwane will soon enjoy lower energy bills, and will generate fewer greenhouse-gas (GHG) emissions, reducing their climate change impact. High-efficiency energy performance requirements are being developed... 

Mikhail Nikomarov

6th April 2018 This week we profile Mikhail Nikomarov, CEO of Bushveld Energy, which is developing utility-scale energy storage projects in Africa using vanadium redox flow battery (VRFB) technology and launching the manufacture of VRFB components in South Africa, starting with vanadium electrolyte   

Busa optimistic of South Africa’s economic prospects

By: Marleny Arnoldi     13th March 2018 Business Unity South Africa (Busa) is optimistic about South Africa’s economic prospects following meetings with investors and ratings agencies in London this week.  

Lufthansa to upgrade its Cape Town/Munich service

By: Rebecca Campbell     8th March 2018 German flag carrier Lufthansa announced on Thursday that it would start flying its new-generation Airbus A350-900 airliners on its direct cape Town/Munich route in December. The airline ordered 25 of these aircraft last year, of which the first ten will be based in Munich, flying on routes... 

TMAC achieves permitting milestones in Yukon project developments

By: Henry Lazenby     19th January 2018 Gold producer TMAC Resources has achieved a significant permitting milestone for its Madrid and Boston gold deposits, after the Nunavut Impact Review Board and the Nunavut Water Board accepted the final environmental-impact statement and water licence applications and started a coordinated review... 

Miners bolster senior ranks in preparation for fast-paced 2018

By: Henry Lazenby     16th January 2018 Several Canadian listed miners reported senior management changes on Tuesday. Marine mining hopeful Nautilus Minerals announced Tuesday that Tariq Al Barwani has been appointed to the role of nonexecutive chairperson. Al Barwani joined the board in May 2016. He is a director and shareholder of MB... 

AngloGold’s Tropicana JV commits to Long Island strategy

By: Mariaan Webb     7th December 2017 Joint venture (JV) partners AngloGold Ashanti and Independence Group have committed to the initial phase of the Long Island strategy, which will ultimately add 2.1-million ounces to the Tropicana mine’s business plan and will extend the operation’s mine life by seven years to 2027. The... 

Business Benefits Of Fibre Exceed That Of 133-Year Old Copper

1st December 2017 Copper wire telecoms technology is another year old next year, with the emphasis on ‘old’. That’s the message from fibre-based independent broadband provider, Otel Communications, which says businesses should making moving to fibre their top New Year’s Resolution.   Otel also questions whether... 

Maverix picks up royalty on Endeavour’s Karma mine

By: Henry Lazenby     24th November 2017 Royalty vehicle Maverix Metals will acquire an existing 2% net smelter return (NSR) royalty from a third-party seller, on Endeavour Mining’s 90% interest in the Karma gold mine, in Burkina Faso, for $20-million in cash. The mine and surrounding tenements were acquired by Endeavour from True Gold... 

Africa urged to set the trends in digital innovation

By: Kim Cloete     13th October 2017 African countries have the potential to set trends rather than follow them in a world dominated by hurtling changes in information technology (IT), delegates attending the Thomson Reuters Africa Summit have heard. Digital and technology transfer expert Lee Naik said over 300-million customers... 

TMAC again lowers guidance as mill ramp-up slows

By: Henry Lazenby     15th August 2017 Emerging gold producer TMAC Resources expects to produce even fewer ounces this year at its Dorris mine, in Canada’s Nunavut Territory, as a slower-than-expected ramp-up of the plant impacted on the operation’s most recent quarterly performance. TMAC poured first gold at Dorris – part of the Hope... 

Platinum for new fuel cell Mercedes cut to autocat level  

By: Martin Creamer     12th July 2017 German car manufacturer Daimler has cut the platinum loading of its new fuel cell Mercedes to catalytic converter level. “We reduced the amount of platinum by 90%, which provides a significant cost reduction. Our fuel cell is not much above the platinum loading of a catalytic converter on a... 

Durban, Joburg and Cape Town join global list of Treepedia cities

By: African News Agency      5th May 2017 Treepedia, an interactive website that measures the “green canopy” – trees and vegetation of cities around the world – has included Johannesburg, Durban and Cape Town as its first African cities. The announcement was made during the World Economic Forum on Africa in Durban on Friday. 

Big boost for platinum as world's mayors tackle urban air pollution 

By: Martin Creamer     30th March 2017 The plans of the mayors of the world’s biggest cities to tackle urban air pollution head-on are a major plus for platinum, which catalyses the exhaust systems of vehicles and is the key metal in the emergence of emission-destroying fuel cells. The clean-air programme is being spearheaded by C40... 

Gordhan flying back to SA tonight – Treasury

By: News24Wire      27th March 2017 Finance Minister Pravin Gordhan will comply with President Jacob Zuma’s order and return to South Africa on Monday evening. That is according to Treasury spokesperson Yolisa Tyantsi, who told Fin24 on Monday that arrangements were being made to fly him back to South Africa later on Monday evening. 

Rio quietly optimistic over Trump’s infrastructure delivery promises

By: Esmarie Swanepoel     20th March 2017 Mining giant Rio Tinto is quietly optimistic about the ability of US President Donald Trump to deliver on his infrastructure promises, driving demand for Rio’s products. Speaking on CNBC, Rio CEO Jean-Sebastian Jacques said a team from Rio had recently met with “key influencers and key... 

Investment the cure for SA’s unemployment – Fedusa

By: African News Agency      19th January 2017 All sectors in South Africa needed to pull in the same direction if the country is to attract investment which could break the back of unemployment. This was according to Dennis George of the Federation of Unions of South Africa, the second largest trade union federation in the country, who is... 

Comair CEO raises questions on State airlines merger 

By: News24Wire      12th January 2017 It is unclear what a merger between the three State-owned airlines SAA, Mango and SA Express would achieve that cannot be achieved by each airline individually, Erik Venter, CEO of Comair, told Fin24. This was in reaction to a parliamentary response by Public Enterprises Minister Lynne Brown.... 

AngloGold's Tropicana JV gears up for accelerated mining rate

By: Esmarie Swanepoel     15th December 2016 Gold production from the Tropicana mine, in Western Australia, is expected to improve considerably next year, when grade streaming is reintroduced. Gold major AngloGold Ashanti, which owns 70% of Tropicana, and its joint venture (JV) partner Independence Group, which owns a 30% stake in the... 

South African IPP pioneer laments the ‘dampening effect’ of Eskom’s refusal to sign PPAs 

By: Terence Creamer     28th October 2016 A South African developer of medium-sized hydropower projects is increasingly turning its attention to regional opportunities, largely because of the hydrological potential to the north of the border, but also because of the prevailing uncertainty domestically about the future of the country’s... 

Work under way to localise bimodal road-rail cargo technology 

By: Terence Creamer     27th September 2016 A domestic homologation process has been initiated for an innovative American bimodal transport solution, which integrates long-distance rail with ‘first- and last-mile’ road legs to provide a door-to-door cargo service. The process began following the recent announcement that South African... 

Northeast Corridor train project, US

By: Sheila Barradas     16th September 2016 The project involves the design and construction of 28 new high-speed trains for the Northeast Corridor. 

Chad Andrews

1st July 2016 This week we feature Chad Richard Andrews, MD of Lapp Group, which markets, sells and distributes specialised cables for the low-voltage industry 

Miners cut distressed debt pool by $60bn as rebound firms

By: Bloomberg     13th June 2016 Mining companies are getting back into financial shape and have cut the sector’s pool of distressed bonds by at least $60-billion, providing another boost to the industry’s outlook as commodities enter a bull market. Anglo American and Glencore are among companies whose notes no longer feature... 

ANTI-JUNK ALLIANCE

25th March 2016 In a relatively short space of time, Finance Minister Pravin Gordhan has been able to unite business and labour into an anti-junk alliance of sorts. He led a tripartite delegation to meet investors in London, Boston and New York earlier in the month and work is under way on a series of growth... 

One family can’t control 55-million South Africans – Gordhan

By: African News Agency      21st March 2016 No single family should determine the fate of all South Africans, Finance Minister Pravin Gordhan said on Sunday. Speaking at the African National Congress-organised “Opinion Makers’ Forum” at his former school, Sastri College in Greyville, Durban, he said there was a “desperation in modern... 

Entrepreneurs eager to use innovation to scale-up and create jobs

9th March 2016 Following a record number of applications for the FNB Business Innovation Awards 2016, supported by Endeavor, a positive response has been received from entrepreneurs eager to tap into innovation to scale and grow their businesses to the next level, while creating sustainable quality jobs.... 

Mining helping to show how rich and poor South Africans can work arm-in-arm as volunteers  

By: Martin Creamer     6th January 2016 Every year, 700 000 to 800 000 young South Africans leave school with extremely limited prospects of obtaining employment, adding to the statistic of three to four million people younger than 25 who are already unemployed. One of the country’s most pressing challenges is finding ways of preparing... 

African Potash appoints UK politician to board

By: Megan van Wyngaardt     26th October 2015 Aim-listed exploration company African Potash has appointed Mark Simmonds as director, effective November 10. “Simmonds has significant experience working in Africa and brings with him a wealth of business and political contacts, which will support African Potash in the roll-out of its integrated... 

IIa Technologies Hosts Scientific Luminaries at Industry’s First Grown Diamond Roundtable

28th January 2015 Dynamic discussion aims to bring grown diamond industry to greater heights.  Please download hi-res images from this link: www.dropbox.com Singapore-based IIa Technologies, a global leader in diamond growing technologies, recently organized its first-ever roundtable meeting,  ‘The Future of Grown... 

Aurecon appointed EPCM role for Stortemelk hydropower plant

12th November 2014 Construction of the 4.5 MW Stortemelk hydropower plant near Clarens in South Africa has begun after Stortemelk Hydro (Pty) Ltd, an SPV majority owned by Renewable Energy Holdings Pty) Ltd  reached financial close for the development. The project has been developed by NuPlanet (a member of the REH... 

Construction starts on 4.5 MW FS hydropower plant, Aurecon awarded EPCM contract 

By: Leandi Kolver     12th November 2014 Construction has started on the 4.5 MW Stortemelk hydropower plant, in the Free State, with engineering, management and specialist technical services company Aurecon having been appointed as the engineering, procurement and construction management (EPCM) services provider for the implementation... 

Auctus scouting Australia for noncoal projects

By: Esmarie Swanepoel     4th November 2014 The newly formed Auctus Minerals was hoping to pull the trigger on its first project acquisition within the next six to nine months, after securing a A$130-million investment from Boston-based Denham Capital. With the backing of Denham, Auctus was scouting Australia for investment opportunities... 

Prospect Global Resources appoints board members

By: Henry Lazenby     30th September 2013 Potash project developer Prospect Global Resources on Monday said it had appointed Daniel Neumann and Reed Dickens to its board, to replace Marc Holtzman, ZZ Qiu and Conway Schatz who had resigned. Neumann brings 16 years of finance experience, the majority of which was at financial services... 

MAN Diesel & Turbo standardises on AVEVA software for Integrated Engineering & Design

By: Creamer Media Reporter      11th September 2013 Rapid deployment of a fully AVEVA integrated solution will increase efficiency Image: Helmut Schuller, Executive Vice President - EMEA, AVEVA Sulzbach, Germany – 11 September 2013: AVEVA announced today that MAN Diesel & Turbo has successfully completed the implementation of AVEVA’s Integrated... 

Eskom raises $1bn in second international bond

By: Creamer Media Reporter      28th August 2013 Absa’s Corporate and Investment Banking division, acting as joint lead arranger, has raised $1-billion for State-owned power utility Eskom through a ten-year bond offering. The transaction, which closed earlier this month, achieved $4-billion in investor demand and represented Eskom’s second... 

Cleveland pegs down A$10m funding

By: Esmarie Swanepoel     17th June 2013 Gold miner Cleveland Mining has signed a A$10-million investment facility with Boston-based Baycrest Capital, to fund the development of its Brazilian portfolio. The ASX-listed Cleveland reported on Monday that the investment facility allowed the company to draw the cash down in tranches of up... 

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