R/€ = 16.54 Change: -0.16
R/$ = 14.42 Change: -0.19
Au 1226.45 $/oz Change: 3.96
Pt 828.50 $/oz Change: -9.74


Hudbay investor is said to seek changes to miner's board

By: Bloomberg     17th October 2018 An investor in Hudbay Minerals wants to meet with the Toronto miner to discuss replacing members of its board, as well as to seek assurances it won’t pursue acquisitions or joint venture without consulting shareholders, according to a person familiar with the matter. Waterton Global Resource... 

First Green Housing Solution in Pretoria selects Technicrete

By: Creamer Media Reporter      17th October 2018 On top of Waterkloof Hill sits Greenhill Estate, an eco-friendly and energy efficient residential estate that offers magnificent 360-degree views of the surrounding area and is the first green housing solution development in Pretoria. Technicrete were selected to supply their Enviro-Wall... 

Soil sampling gets under way at Red Rock’s DRC copper/cobalt licence

By: Creamer Media Reporter      17th October 2018 A soil sampling programme has started at a copper/cobalt licence in the Democratic Republic of Congo (DRC) owned by Aim-listed natural resources development company Red Rock Resources. The licence was recently acquired from a private seller. 

Gladafrica Proudly Sponsors Nedbank Golf Challenge for the 6th Consecutive Year

By: Creamer Media Reporter      16th October 2018 GladAfrica Group will this year again take the front seat as a proud sponsor of the annual Nedbank Golf Challenge for the sixth consecutive year. “The NGC is one of the highlights of the South African sporting calendar. This prestigious golf tournament showcases exceptional South African... 

CoreCivils helps bridge growing road maintenance backlog

By: Creamer Media Reporter      16th October 2018 CoreSlab directors, Jaco de Bruin and Tiaan de Jager, have launched CoreCivils, a company that specialises in the design, manufacture and installation of a wide range of precast-concrete bridge beams. The new company is manufacturing its high quality T, Y, I and M-type bridge beams, in addition... 

AECOM adopts innovation and resilient design to ensure sustainability

15th October 2018 Sustainability is the preservation of natural, social, and economic resources by means of innovative construction methods and conscious decisions throughout the lifecycle of designing, constructing, and operating a project. This is according to AECOM Sustainability Practice Area Lead Candice... 

Consultants confirm at least 1Moz potential at Cora Gold’s Mali prospect

By: Marleny Arnoldi     15th October 2018 A report compiled by SRK Consulting has confirmed that gold explorer Cora Gold’s Sanankoro project, in Mali, has the potential to delineate between one-million and two-million ounces of gold to a depth of 100 m, also indicating the potential for significant further upside at depth. SRK derived an... 

Forward-thinking municipality uses pumps to generate electricity

By: Creamer Media Reporter      12th October 2018 A technical team serving the requirements of the Drakenstein Municipality in the Western Cape has designed one of the country’s largest pump and turbine stations to be used for water reticulation to the nearby town of Paarl in dry periods, and as turbines to generate electricity for the city... 

Eskom optimistic plan to boost coal stocks will prevent power outages

By: Paige Müller     12th October 2018 The continuing coal supply shortage at State-owned power utility Eskom Holdings is considered a crisis by industry commentators. Although conceding that it “is not an ideal situation”, Eskom has assured Parliament that it is implementing a recovery plan to prevent any unplanned capacity loss.... 

Europe placed to contribute to African growth story

12th October 2018 Southern Africa is today off the radar of the majority of European companies and the many opportunities offered by the region are still largely ignored by European Union (EU) business leaders, professional consulting group European House Ambrosetti senior partner Paolo Borzatta said at a media... 

Bulk water supply project nears completion

12th October 2018 Phase 1 of the design and implementation for the augmentation of the James Kleynhans Bulk Water Supply project in Makhanda – formerly known as Grahamstown, in the Eastern Cape – which started last year in September is due for completion in December. The first phase of the four-phase project,... 

Govt, fuels industry mull alternative pricing framework for petrol 

By: African News Agency      11th October 2018 Government was considering capping the price of 93 unleaded petrol, Energy Minister Jeff Radebe said on Thursday. Radebe, who joined his communications counterpart, Nomvula Mokonyane, during the post-cabinet media briefing, said they were consulting the industry on the proposal. 

Drought forces two-month closure of Leagold Brazil mine

By: Mariaan Webb     11th October 2018 Latin America-focused Leagold on Wednesday announced a two-month shutdown of its RDM mine, in Brazil, citing continued regional drought conditions. In 2017, the RDM mine was closed on August 11 and restarted, on an intermittent basis, in early November with the onset of the region's rainy season. 

DMR accepts Waterberg mining right application – PTM

By: Marleny Arnoldi     10th October 2018 The Department of Mineral Resources (DMR) has accepted TSX- and NYSE-listed Platinum Group Metals’ (PTM’s) mining right application for the large-scale Waterberg platinum group metals (PGMs) project. The application comprises a mining work programme, social and labour plan, and associated... 

Consulting engineering sector’s confidence level falls to record low – Cesa

By: Marleny Arnoldi     10th October 2018 Consulting Engineers South Africa’s (Cesa’s) biannual economic and capacity survey has indicated positive news for the period January to June, noting that construction sector confidence had seen growth for the first time in six quarters. However, confidence levels in the consulting sector... 

Tax Ombud secures nearly R450m in refunds in biggest tax disputes for 2017/18

By: Simone Liedtke     9th October 2018 Nearly R450-million in tax refunds has been paid out to the ten taxpayers with the largest disputes with revenue authorities in the 2017/18 financial year, as a result of the intervention of the Office of the Tax Ombud (OTO). The OTO reported these figures during the launch, on Tuesday, of its... 

Siemens to showcase sector-specific solutions and future technologies for Industrie 4.0

9th October 2018 Integrated Digital Enterprise portfolio for machine and plant builders as well as end customers Concrete digitalization use cases from chemical, pharmaceutical, aerospace, battery, food and beverage industries 

No Easy Path To Peace On A Building Project

9th October 2018 When disputes arise on a building project, despite proper contractual procedures, what are the options to resolve the matter? Uwe Putlitz, CEO of the Joint Building Contracts Committee (JBCC), here looks at the situation – and finds that in the end time, productivity and harmony are not part of... 

Chinese delegation to witness proudly South African logging system 

By: Martin Creamer     8th October 2018 The high-ranking delegation from China, which is due to arrive in South Africa next Monday to undertake a three-week study of South Africa’s globally recognised mineral reporting codes, will be given insight during their visit into a South African borehole logging system that is poised to go... 

Weatherly restarts process to review strategic options

By: Creamer Media Reporter      8th October 2018 Namibian base metals miner Weatherly International has restarted the process of reviewing its strategic options, including the possible sale of some of its subsidiaries or assets. The process will be led by Numis Securities and Treadstone Resource Partners. 

Balking miners jeopardise $2.8bn Mozambican coal rail

By: Bloomberg     5th October 2018 A plan to develop a $2.8-billion railway and port to ferry coal in Mozambique may collapse because miners are balking, according to the man trying to build it. Failing to get the project off the ground would deprive the southern African country of a source of revenue it’s come to rely on as it... 

Tech advances poised to shorten prospecting-to-mine-development timelines

By: Tracy Hancock     5th October 2018 The impact of the Fourth Industrial Revolution on the minerals industry has not yet played out, but South Africa's, and the world’s, ability to generate massive amounts of data and integrate and use them will undoubtedly improve, leading to an acceleration in mineral exploration in the future,... 

Mining tech boosts competitiveness, efficiency

By: Marleny Arnoldi     4th October 2018 The miners of today look to create greater efficiencies to ensure their sustainability and profitability, which is greatly enabled with technology, a panel of speakers agreed during day two of the Joburg Indaba. Accenture Resources Africa MD Cameron Tandy said in a separate statement that the... 

Lesotho Highlands Water Project – Phase II, Lesotho

By: Sheila Barradas     4th October 2018 The The Lesotho Highlands Development Authority has started a series of workshops with registered construction companies to explain the procurement framework of the Lesotho Highlands Water Project – Phase 2. 

Shell LNG, trade deal no help to stalled Trans Mountain pipeline

By: Bloomberg     4th October 2018 Royal Dutch Shell’s commitment to invest in the largest private-sector project in Canada’s history and a new trade deal with the US and Mexico show the country is open for business again. But neither are likely to help Trans Mountain, the troubled oil pipeline project that has epitomized the... 

Eskom, coal sector must collaborate to overcome challenges

By: Nadine James     3rd October 2018 Power utillity has not ruled out the possibility of introducing special tariffs for industry, Matleng Energy Solutions chairperson and Eskom nonexecutive director Nelisiwe Magubane noted in an address at the Joburg Indaba on Wednesday. She stated, however, that, to date, the coal mining “industry... 

Cargo Carriers helps its customers navigate complex supply chains

By: Creamer Media Reporter      3rd October 2018 Supply chains are becoming more complex and a higher degree of coordination is, therefore, required to manufacture or produce products and get them to market. One of the largest contributors towards this scenario is customer expectations, including a need to drive down costs. 

Technical study sets RHA underground mine restart costs at $1.06m

By: Creamer Media Reporter      3rd October 2018 It will cost about $1.06-million to bring Aim-listed Premier African Minerals’ 49%-owned RHA underground tungsten mine, in Zimbabwe, back into production. The mine was put under care and maintenance late in 2017 amid cash flow constraints. 

MCSA to engage Mantashe on ‘unresolved’ issues in Mining Charter 3

By: Nadine James     3rd October 2018 The Minerals Council South Africa (MCSA) has resolved to further engage Mineral Resources Minister Gwede Mantashe on “unresolved” issues in Mining Charter 3, which was gazetted on September 27. These unresolved issues include the limited applicability of continuing consequences of past... 

DEHN AFRICA brings you the dream team!

By: Creamer Media Reporter      2nd October 2018 The goal of the DEHN AFRICA Technical Team is to offer a range of technical support in lightning and surge protection products, as well as to undertake site assessments and produce designs of lightning protection systems. In achieving this goal, the Technical Team, which has been rounded out with... 

Montalto to expand Intellidex’s depth of research

By: Marleny Arnoldi     1st October 2018 Research and consulting firm Intellidex has appointed Peter Attard Montalto head of capital markets research, to expand its depth of research and widen its client base among global investors. Montalto will lead Intellidex’s coverage of economics, politics and fixed income markets in South... 

Strikes And Their Economic Consequences

1st October 2018 Perfect Word Consulting (Pty) Ltd After conducting intensive research* into the topic of strikes and labour unrest, the Mandela Initiative came to several conclusions. One of these was that the right to strike is made up of a delicate balance between the power of firms and the rights of... 

Mindful spending critical for sustainable infrastructure under economic stimulus package – Cesa

By: Marleny Arnoldi     28th September 2018 In light of the launch last week by President Cyril Ramaphosa of an economic stimulus package for South Africa, Consulting Engineers South Africa (Cesa) reiterates that public funds management is critical to deriving true value for money. CEO Chris Campbell said in a statement issued on Friday... 

SAIMechE Elects First Female President

28th September 2018 The South African Institution for Mechanical Engineers (SAIMechE) recently voted in their new National Council members for the 2018-2020 session at their AGM on 8 August 2018, electing Prof Debby Blaine as their new President.  Debby is an Associate-Professor at Stellenbosch University, in the... 

Post-Mugabe policies raising expectations for Zim platinum-sector growth

By: Nadine James     28th September 2018 Amid Zimbabwe’s policy changes after former President Robert Mugabe’s removal in November 2017 and the subsequent air of expectation, the country’s platinum sector is poised for positive growth, if not for the challenges presented by the depressed global platinum market.  The Zimbabwe Geological... 

Lesotho Highlands Water Project – Phase II, Lesotho and South Africa

By: Sheila Barradas     28th September 2018 South African Water and Sanitation Minister Gugile Nkwinti, Lesotho Water Minister Samonyane Ntsekele and the Lesotho High Commissioner Sello Moloto have reaffirmed their commitment to the successful implementation of the Phase 2 project. 

Kusile power plant project, South Africa

By: Sheila Barradas     28th September 2018 The remaining Kusile units are progressing well. 


By: Yolande Botes     28th September 2018 Companies are morally and legally responsible for the safety of employees working at height. South African legislation requires employers and contractors to designate competent people to: carry out risk assessments document fall protection plans implement the controls stated in fall protection... 

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