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Australia plans deal with US on 'critical minerals', hopes to boost its exports

By: Reuters     Updated 7 hours ago Australia is this week set to sign a preliminary deal with the United States to support joint research and development of minerals deemed critical to the US economy, a government minister said on Wednesday. That comes as Washington is looking to diversify its sources of supply for 35 minerals... 

Trialling of dry sorter coal-beneficiation solution targeted for 2019

7th December 2018 Mounting stress on South Africa’s water resources, combined with growing concerns about the environmental impact of mining operations, make Aury Africa’s 400 tph dry sorting technology ideal for environmentally-conscious mining houses. Aury Africa aims to bring its first dry separator to South... 

Is Basic Sanitation a Human Right?

By: Creamer Media Reporter      7th November 2018 From 2005 to 2017, Human Rights Watch conducted research in countries such as China, Russia, Nepal, South Africa, India and America to assess the levels of sanitation and other basic human rights. Senior women’s rights researcher at Human Rights Watch, Amanda Klasing, said, “The way people are... 

South Africa moves to reboot digital migration after years of delay 

By: Natasha Odendaal     2nd November 2018 Following years since embarking on, and the subsequent stalling of, South Africa’s migration from analogue to digital broadcasting, the Department of Communications (DoC) hopes to revive its momentum after revising its digital migration delivery model. The revised model approved by Cabinet in... 

Company uses technology to boost processes

2nd November 2018 Warehouse-based retailer The Warehouse Group, from New Zealand, is making strides in artificial intelligence (AI), with the launch of a new ‘Snap and Shop’ feature on the company’s mobile app, noted a release in August. This feature allows people to take a picture of items they like on their... 

South Africa moves to reboot digital migration after years of delay

By: Natasha Odendaal     2nd November 2018 Following years since embarking on, and the subsequent stalling of, South Africa’s migration from analogue to digital broadcasting, the Department of Communications (DoC) hopes to revive its momentum after revising its digital migration delivery model. The revised model approved by Cabinet in... 

Afrimat prospers in H1, despite tough economic environment

By: Simone Liedtke     1st November 2018 Openpit mining company Afrimat on Thursday posted a 4.3% year-on-year improvement in operating profit to R202.7-million for the six months ended August 31, while revenue increased by 28.6% year-on-year to R1.5-billion. These positive results, CEO Andries van Heerden said at a media breakfast,... 

South Africa needs new narrative to create inclusive growth

By: Tasneem Bulbulia     1st November 2018 South Africa needs positive leadership and a change in narrative to tackle its problems and create inclusive sustainable growth for all, said Discovery Group CE Adrian Gore during the opening of the Discovery Leadership Summit, in Johannesburg, on Thursday. The summit brought together many world... 

Mining veteran wants to build a $1bn battery metals giant

By: Bloomberg     1st November 2018 South African mining veteran Brian Menell wants to build a battery material giant to help challenge China’s domination of the nascent industry. It’s still early days for his privately funded company, TechMet, which controls just a handful of assets from Canada to Rwanda. But he’s raising more... 

Global gold demand growing across market segments, held back by US ETF outflows

By: Marleny Arnoldi     1st November 2018 World Gold Council (WGC) member and market relations head John Mulligan says the third quarter was a strong one for the global gold industry. Although demand increased by only 1%, or 6 t, compared with the third quarter 2017, the 964 t of gold demand recorded in the third quarter was underpinned... 

Global governments improve business climate through reforms  

By: Marleny Arnoldi     31st October 2018 The Word Bank Group’s ‘Doing Business 2019: Training for Reform’ report finds that governments around the world have set a new record in bureaucracy busting efforts for the domestic private sector, implementing 314 business reforms over the past year. This number of reforms this year has... 

Businesses need increased awareness when managing risks – Dlamini

By: Simone Liedtke     30th October 2018 Given the fact that the world is marked by volatility, uncertainty, complexity and increasing ambiguity, retail property group Massmart chairperson Kuseni Dlamini on Tuesday suggested that businesses need to be “that much more aware and vigilant in terms of managing risks in the most appropriate... 

US steel tariff fight stirs up a swarm of WTO litigation

By: Reuters     30th October 2018 The United States urged European Union governments on Monday to reflect on whether it was really in their interest to go ahead with a trade dispute over US metals tariffs, and said it was hopeful of settling the issue with Mexico and Canada. The US tariffs attracted an unprecedented seven... 

Volatility in global base metals industry to remain, but outlook stable – Moody’s

By: Marleny Arnoldi     30th October 2018 Financial services firm Moody’s Investor Service has a stable outlook for the global base metals industry over the next 12 to 18 months, although indications are that economic growth rates may have peaked. The firm said in a release on Tuesday that synchronised economic growth rates in 2018,... 

South Africa spends too much time on populism, Kganyago says

By: Bloomberg     30th October 2018 South Africa spends too much time debating populist issues such as the proposed nationalisation of the central bank, instead of focusing on steps to boost the economy, Reserve Bank Governor Lesetja Kganyago said. “We have spent too much of the year indulging in populism instead of making... 

Advocacy organisation urges better enforcement of second-hand tyre regulations

By: Marleny Arnoldi     29th October 2018 Newly launched advocacy organisation Part Worn Africa is calling on governments and regulatory bodies across the African continent to develop and enforce stronger regulations governing the sale of part-worn and second-hand tyres. Part Worn Africa advocates that part-worn and second-hand tyres... 

High-quality screening, vibrating solutions for African mining industry

29th October 2018 The African mining industry needs high-quality screening and vibrating equipment solutions, supported by rapid turnaround around times and expert technical back-up, which is where Aury Africa stands to play a key role on the continent. This was the message from senior management from Dadi... 

Greenpeace Africa affirms Mpumalanga is a nitrogen dioxide air pollution hotspot

By: Marleny Arnoldi     29th October 2018 Greenpeace Africa states that analysis from satellite data between June 1 and August 31 shows that Mpumalanga is the world’s largest nitrogen dioxide air pollution hotspot across six continents. The data points to coal and transport as the two principal sources of the nitrogen dioxide air... 

Fossil Fuel Foundation sees clean coal as a solution for South Africa 

By: Kim Cloete     29th October 2018 The Fossil Fuel Foundation (FFF) has advocated strongly for coal to be retained as a sustainable part of South Africa's energy mix for the short to medium term. “Contrary to the popular belief that ‘coal is dead’, South Africa’s coal resources are abundant and can provide low-emitting,... 

Business concerned about coal sector job losses

By: Kim Cloete     26th October 2018 The National Society of Black Engineers (NSBE) and the Black Business Council (BBC) have called for amendments to the Integrated Resource Plan (IRP) 2018, telling Parliament's Portfolio Committee on Energy, on Friday, that the draft plan, with its emphasis on renewable energy rather than coal,... 

Lithium giant clears hurdle in $4.1bn SQM stake buyout

By: Bloomberg     26th October 2018 China’s Tianqi Lithium cleared a major hurdle in its bid to buy a $4.1-billion stake in SQM, the world’s second-largest producer of the mineral used in electric-vehicle batteries. On Thursday, Chile’s constitutional court declared inadmissible a suit questioning whether an agreement between... 

Ramaphosa declares end to 'investment strike' and unveils R290bn in commitments  

By: Terence Creamer     26th October 2018 President Cyril Ramaphosa declared an end to South Africa's proverbial 'investment strike', when he unveiled firm investment commitments of R290-billion across a diverse range of sectors, from mining and energy to infrastructure and manufacturing, at a well attended and vibrant investment... 

Nevsun ups guidance for Eritrea zinc/copper mine

By: Creamer Media Reporter      26th October 2018 Canadian base metals miner Nevsun Mining, which is being taken over by China’s Zijin Mining, has increased its 2018 zinc and copper guidance for the Bisha mine, following a strong third-quarter performance. The mine, in Eritrea, produced 69.6-million pounds of zinc in concentrate, compared with... 

Vale expects jump in base metal performance in 2020

By: Reuters     26th October 2018 Brazil's Vale, the world's top iron-ore producer, is expecting major improvement in the performance of its base metals division in 2020 but said that production cuts would remain effect this year and next while prices remain low, executives said on Thursday. CEO Fabio Schvartsman forecast a... 

Merged Barrick-Randgold eyes nine tier-one gold assets 

By: Mariaan Webb     26th October 2018 Gold major Barrick Gold chairperson John Thornton has urged shareholders to vote in favour of its $6.1-billion transaction with Africa-focused Randgold Resources, telling investors that the combined entity will have five of the world’s ten so-called tier-one assets and that this could be expanded... 

Ramaphosa seeks new investment pledges as economy struggles

By: Reuters     26th October 2018 President Cyril Ramaphosa will seek billions of dollars of new spending pledges from foreign investors and local firms at an investment summit on Friday, as he seeks to haul the economy out of recession before next year's election. The former union leader wants $100-billion of new investments... 

Debt-trap diplomacy?

By: Martin Zhuwakinyu     26th October 2018 I have made no bones about my cynicism about Chinese generosity towards African countries, which has taken the form of top-dollar freebies, government and State-owned company loans and investment in infrastructure. As I have said before, my uneasiness heightened when it came to light that Sri... 

SEZ to boost stainless steel industry

By: Thabi Madiba     26th October 2018 The Limpopo-based export-oriented mega mineral energy complex, in a special economic zone (SEZ), in which Chinese State-owned companies are set to invest, is “the biggest thing on the horizon” in the local stainless steel industry, says Southern Africa Stainless Steel Development Association... 

Progress made to deliver value-based company strategy

By: Paige Müller     26th October 2018 Integrated chemical and energy company Sasol’s 2018 financial year – which came to a close in June of this year – has proven positive in terms of realising the company’s strategy. “The company has made significant strides in bettering its organisational culture and advancing opportunities in its... 

Wind energy investors watching S Africa closely

By: Tracy Hancock     26th October 2018 For the last several years, from the wind industry’s perspective, the South African government has done everything it can to discourage investor confidence; however, that has changed with the new government, states Global Wind Energy Council (GWEC). 

Hands off Brazil's niobium: Bolsonaro sees China as threat to utopian vision

By: Reuters     25th October 2018 Jair Bolsonaro, the far-right candidate favored to win Brazil's Presidential election this Sunday, has a vision for his nation's economy: niobium. This mineral is used as an additive to steel to make the metal stronger and lighter. Niobium is in high demand by automakers, aerospace companies and... 

South32 foresees short-term volatility, but long-term growth, sustainability 

By: Schalk Burger     25th October 2018 Diversified mining and metals company South32 on Thursday forecast short-term price volatility for the commodities it produces, but also highlighted its strong cash position and its work to further optimise its global portfolio of assets. In a speech delivered at the company’s 2018 annual general... 

China cutting rare earth output, unnerving global manufacturers

By: Reuters     25th October 2018 The Chinese government is limiting domestic production of rare earth minerals in the second half of the year, a move likely to crimp international exports and send prices for the critical materials higher, according to data from Adamas Intelligence. China is by far the world's largest producer... 

Vale reports Q3 miss on forex, base metals

By: Reuters     25th October 2018 Brazil's Vale on Wednesday posted weaker-than-expected net income, as a weaker currency coupled with lower base metals production and prices weighed on the world's largest iron ore producer. The miner, also the world's largest nickel producer, reported $1.408-billion in third-quarter net income,... 

Zijin’s bid for Nevsun jumps two regulatory hurdles

By: Creamer Media Reporter      24th October 2018 The $1.41-billion friendly takeover of Nevsun by Zijin Ming has cleared two regulatory hurdles – one in China and the other in Canada. The Canadian firm, which has assets in Serbia and Eritrea, reported on Wednesday that the takeover had received approval from China’s National Development and... 

Mboweni suggests need to downsize Cabinet, says public wage bill is 'unsustainable' 

By: Marleny Arnoldi     24th October 2018 Finance Minister Tito Mboweni on Wednesday said the public service wage bill, which accounts for 36% of government spending, is unsustainable. The public sector wage bill should be closer to 30% of government spending, he added during his maiden Medium Term Budget Policy Statement speech. 

Modern Water signs AMBC collaboration for Africa

24th October 2018 Modern Water plc, the owner of leading technologies for water and wastewater treatment and for the monitoring of water quality, has entered into a collaboration agreement with WEC Projects (Pty) Ltd, a leading South African EPC (engineering, procurement & construction) contractor which... 

Mahenge graphite DFS results unveiled

By: Esmarie Iannucci     24th October 2018 A definitive feasibility study (DFS) into the Mahenge graphite project, in Tanzania, has increased the capital cost of the project, while both the estimated net present value (NPV) and internal rate of return (IRR) have dropped. ASX-listed Black Rock Mining on Wednesday revealed that the Phase 1... 

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