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Press Office - Kemtek Aristo

Kemtek Aristo

Distributed in South Africa by Kemtek Imaging Systems, ARISTO is the leading German manufacturer of multi-functional flatbed cutters for the precise CAD/CAM processing of all non-metallic substances, rigid or flexible. Whatever you have to cut and process precisely foils, textiles, cardboards or gaskets, ARISTO offers the optimal solution. All ARISTO machines are developed and manufactured solely in Hamburg, with sales and service points worldwide providing optimal support. Precision, high performance and reliability are key ARISTO values, accompanied by fair prices, technical ingenuity, outstanding service and decades of experience and reliability. In terms of innovation, ARISTO has been awarded numerous national and international patents and acclaim for its advanced ARISTOMAT product series.

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Miner Vale to look toward copper after Q2 miss

By: Reuters     Updated 4 hours ago Brazilian miner Vale on Thursday it would seek out fresh copper mining options and stop expanding nickel production capacity after second-quarter net income plunged on forex losses, rising costs and weaker iron ore prices. Net income tumbled 99% to $16-million from $1.1-billion a year earlier,... 

Vibrating Screen Maintenance Needs Collaboration, Not A Catalogue

     27th July 2017 Cost pressures often force mines to make difficult decisions about how they approach the maintenance of their vibrating screens; OEMs can ease the trade-offs by offering solutions that match customers’ specific needs and resources, according to Kwatani CEO Kim Schoepflin. The OEM was previously... 

Cordoba confirms southern extension to Alacran copper/gold deposit, Colombia

By: Henry Lazenby     26th July 2017 Colombia-focused junior explorer Cordoba Minerals has encounter high-grade copper-gold mineralization outside of the current resource shell, demonstrating significant potential to expand the current resource estimate. The company reported on Tuesday that ongoing drilling at the San Matias project... 

Coal mine switches to Atlas Copco LED light towers

     25th July 2017 Atlas Copco Portable Energy supplied four state-of-the-art HiLight V5+ LED light towers mounted on custom-built double-axle trailers to trading partner, Tracpart Mining Supplies. The end-user, a coal mine in Mpumalanga, uses the light towers for above ground lighting applications. When approached... 

Fuel cell vehicle sales boosting platinum demand outlook  

By: Martin Creamer     24th July 2017 Growth potential for platinum is emerging in the rapid build-up off a low base of fuel cell electric vehicle sales. Fuel cell vehicle sales are expected to grow by more than 200% this year, with Japan targeting 200 000 fuel cell electric vehicles on its roads in 2025 and 800 000 in 2030. 

Opec moves to cap Nigerian oil output, boost compliance

By: Reuters     24th July 2017 Opec moved on Monday to cap Nigerian oil output and called on several members to boost compliance with production cuts to help clear excessive global stocks and support flagging prices. Opec has agreed with several non-Opec producers led by Russia to cut oil output by a combined 1.8-million... 

First Cut’s solutions-driven business ethic creates cutting-edge solutions to enable productive use of recycled materials

     24th July 2017 First Cut, a leading South African distributor of cutting consumables and capital equipment, has been proud to be able to assist in promoting recycling in South Africa. Through a positive 'can do' attitude to service and excellent product quality- and in three notable examples - the company has... 

Casspir mine-protected vehicle continues to enjoy market success

By: Keith Campbell     21st July 2017 South African State-owned defence industrial group Denel announced early this month that 21 of its Casspir NG2000 mine protected vehicles were ready for handing over to an African customer, completing an order for 45 of the vehicles. The first batch of 24 was delivered to the customer in December... 

AMSA predicts sharply higher H1 loss

By: Reuters     20th July 2017 Steelmaker ArcelorMittal South Africa expects first-half headline losses to increase by over 200% because of higher costs, the company said on Thursday. The company, majority-owned by ArcelorMittal, forecast a headline loss per share in a range of 143 and 152 cents for the six months ended 30... 

Eskom ‘galloping’ towards financial distress, says Num 

By: African News Agency      20th July 2017 The National Union of Mineworkers (Num) on Thursday said Eskom was heading for financial distress despite the power utility’s assurances this week that it was on firm financial footing. Eskom released its 2016/17 financial results on Wednesday in which it said earnings before interest, taxes,... 

First Cut and NitraLife form a ‘clean cut’ partnership to provide on-site, on-demand nitrogen to the laser-cutting industry

     20th July 2017 Nitrogen is all around us and makes up the majority of the air we breathe. But for the laser cutting and fabrication sectors, high-purity nitrogen is essential as it is used to clear molten metal from the point of cutting. An important factor in this process is that – as an alternative to oxygen... 

Oil climbs as firm demand absorbs ample supply

By: Reuters     18th July 2017 Oil rose on Tuesday as demand soaked up some of the surplus supplies from Opec and the United States, but traders said the market was trading in a tight range and showed few signs of big short term moves. Benchmark Brent crude LCOc1 was up 70 cents at $49.12 a barrel by 1150 GMT, while US light... 

Tennis ball-sized 'diamond in the rough' too big to sell

By: Reuters     17th July 2017 In the mysterious world of diamond mining, it turns out that some stones are too big to sell. Canada's Lucara Diamond Corp will have to cut its tennis ball-sized rough diamond to find a buyer, industry insiders say, following Sotheby's failed auction for the world's largest uncut stone last summer. 

Historic diamond hub feels the brunt as Americans buy fewer gems

By: Bloomberg     14th July 2017 An ugly year for diamonds in the vital US market is piling pressure on Europe’s historic center of the $80-billion global trade. Diamond trading companies in the Belgian port city of Antwerp, which has been the industry’s trading capital for five centuries, were already feeling the pinch from a... 

Tahoe goes into damage control after flagship mine suspended

By: Bloomberg     14th July 2017 Tahoe Resources, whose flagship Guatemalan mine has been suspended, is taking steps to cut costs, including possibly slowing an expansion of a project in Peru and trimming exploration. The Reno, Nevada-based company may also discuss halting its dividend at an August board meeting and might slow... 

Nigeria to put off deciding whether to join OPEC cuts, minister says 

By: Reuters     13th July 2017 Nigeria supports OPEC's efforts to stabilize oil prices, but it wants to wait before deciding whether join the cartel's cuts in oil production, its oil minister said on Wednesday. "Hopefully, in the next two to three months we can see how predictable the production return has been and then can... 

Opec sees lower demand for its oil in 2018, points to surplus

By: Reuters     12th July 2017 World demand for Opec's crude will decline next year as US shale producers and other rivals pump more, Opec said on Wednesday, suggesting the oil market will see a surplus in 2018 despite an Opec-led output cut. In a monthly report, the Organization of the Petroleum Exporting Countries forecast... 

Loss-making Air Zimbabwe cuts half its workforce

By: Reuters     12th July 2017 Loss-making Air Zimbabwe is cutting half of its 400 jobs as part of a restructuring plan meant to revive the ailing national carrier, chairperson Chipo Dyanda said on Wednesday. Like most state-owned companies in the southern African country, Air Zimbabwe has been making losses for years due to... 

Atlas Copco - automation partner for sustainable productivity

     12th July 2017 Atlas Copco’s Powered by Automation contributes to the sustainable productivity and profitability of mines, plant and quarries by enhancing the performance of machines, equipment and systems. Operational stability, productivity and profitability are fundamental to the sustainable future of a... 

Latest trend in drive technology seeks to optimise energy requirements

     11th July 2017 Dwindling resources, spiralling energy costs, increasingly stringent international regulations, and the trend towards cutting carbon emissions has meant that technology leaders such as SEW-EURODRIVE are focusing more and more on optimising energy requirements. In order to realise such savings,... 

Diamond firm's seized assets ordered to be returned by court

By: Bloomberg     7th July 2017 A Belgian court ordered lender KBC Group to return seized assets from one of the diamond industry’s most storied names within 24 hours, a court ruling shows. Exelco was on track to repay loans to KBC by 2020 as planned, so the lender’s early seizure of assets was unnecessary, the Antwerp court... 

Locally produced engineering steel declining

By: Nica Schreuder     7th July 2017 It has become cheaper to import finished products manufactured  overseas  than to manufacture engineering steel in the country, which has resulted in more than half the country’s foundries closing down, laments specialised steel and industry expertise company Special Steels MD Byron Ferguson. He... 

Monopoly capital 'has no colour, gender or faith' – Cronin

By: News24Wire      6th July 2017 SACP deputy general secretary Jeremy Cronin says the idea of monopoly capital is a reality that has always been around, but it has no colour, gender or faith. Cronin told News24 on the sidelines of a Cape Town Press Club event on Wednesday that the Communist Party has a long history with the idea... 

Western Cape agri-processing sector identified for high growth and employment potential

     6th July 2017 The Western Cape Province is currently South Africa’s leading agricultural export region. The province’s broader agricultural value chain, consisting of the primary production agriculture and value-added agri-processing (food and beverages manufacturing) sectors, forms an important and integral... 

Monty awarded environmental approvals

By: Esmarie Swanepoel     5th July 2017 ASX-listed Sandfire Resources and its joint venture (JV) partner, Talisman Mining, have been granted environmental approval to start development activities at the Monty copper/gold project, in Western Australia. Sandfire MD Karl Simich said on Wednesday that the approval for the mining proposal,... 

China's top steel province to cut capacity to make way for new one

By: Reuters     4th July 2017 China's Hebei province will slash 11.48-million tonnes in outdated steelmaking capacity to accommodate the expansion of a new plant, part of efforts by the country's top steel-producing region to rein in surplus production. China, the world's biggest steel producer, has been shutting outdated... 

Belgian bank KBC seizes assets from storied Antwerp diamond firm

By: Bloomberg     4th July 2017 Belgian bank KBC Group seized assets from one of the diamond industry’s most storied names as it seeks to recover unpaid loans, according to court documents. KBC is seeking to recover €26-million ($29-million) from Exelco, and had bailiffs search the firm’s Antwerp offices as well as offices... 

New exchange optimistic of August listing breakthrough 

By: Natasha Odendaal     3rd July 2017 4 Africa Exchange (4AX) has secured a healthy pipeline of potential listings, cross-cutting industries such as agriculture, information technology and tourism and hospitality, besides others, with the first listing scheduled for the end of August or the first week of September. Of about 40... 

Hwange expects to return to profit in second half

By: Reuters     30th June 2017 Zimbabwe coal producer Hwange Colliery expects to return to profit in the second half, for the first time since the country dumped its currency for the US dollar in 2009, as it triples output, its chairperson said. Hwange, in which the government is the biggest shareholder with a 37% stake, is... 

Metal prices recovering, cost cuts boost liquidity for Emea's high-yield miners in 2017

By: Natasha Odendaal     30th June 2017 A rebound in capital spending from the deep cuts made in 2016 is expected this year, along with the resumption in some dividends as excess cash is built up, Moody’s Investors Service’s said on Friday. This followed the release of Moody’s yearly mining liquidity study, which showed recovering... 

Higher output lifts BNC’s FY17 pre-tax profit

By: Megan van Wyngaardt     30th June 2017 Bindura Nickel Corporation, a 74.43%-owned subsidiary of Aim-listed ASA Resources, on Friday reported a profit before tax of $1.4-million for the year ended March 31, up 15% from the prior year. The company's profit after tax was $609 000, compared with a profit of $649 000 the year before. 

Trump said to tout coal projects, nuclear aid in 'Energy week'

By: Bloomberg     30th June 2017 President Donald Trump is set to announce he is lifting an Obama-era policy that curtailed the financing of coal-fired power plants overseas, as he seeks to propel American " energy dominance" and reorients the US government away from fighting climate change. Trump also will describe a series of... 

Acquisition creates larger industry opportunities

     30th June 2017 In April, construction and civil engineering contractor Esor acquired trenchless technology specialist Tuboseal, renaming it to Esor Tuboseal, which creates larger industry opportunities. 

Catalytic converters still dominate SA’s auto components export mix

By: Irma Venter     30th June 2017 Component exports from South Africa in 2016 were again dominated by catalytic converters. Data published in the Automotive Export Manual 2017 shows that catalytic converter exports made up 41.3% of all component exports from South Africa, by value, earning R21.9-billion, up from last year’s... 

New factory increases monthly production

By: Victor Moolman     30th June 2017 14 new plastic extruder machines have been moved to plastic pipes manufacturer DPI Plastics’ new factory in Roodekop, Johannesburg, which is next to the already existing Roodekop polyvinyl chloride (PVC) pipe factory. The extruders can produce 2 200 t/m of new high-density polyethylene (HDPE). 

New Tshwane light-steel frame building erected at speed

By: David Oliveira     30th June 2017 South African light-steel frame (LSF) construction company Futurecon has completed the construction of a R7-million 454 m2 facility, in Tshwane, for optometric service provider Spectacle Warehouse last month. Project architect Base Architects & Associates MD Darren Ogden explains that the only... 

Iron-ore outlook cut back by Morgan Stanley over rest of year

By: Bloomberg     27th June 2017 Iron-ore forecasts at Morgan Stanley have been chopped back for the remainder of the year, with the bank flagging prospects for rising low-cost production and the likelihood that the worldwide surplus will increase every year through to 2021. The commodity will average $50 a ton in the third... 

Shorts pile into cash-strapped Lonmin as platinum flounders

By: Bloomberg     27th June 2017 The last time there was so much short-selling on Lonmin Plc, the platinum miner was weeks away from a life-saving rights issue. At 14% of the total outstanding shares, Lonmin is the seventh-most-shorted stock on the 645-member FTSE All-Share Index, according to data compiled by Markit. That... 

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