R/€ = 16.40 Change: 0.04
R/$ = 13.97 Change: 0.04
Au 1279.77 $/oz Change: 0.25
Pt 932.50 $/oz Change: 3.50


New field kitchens ordered from Saab by SANDF

By: Keith Campbell     21st November 2017 The South African National Defence Force (SANDF) has awarded a contract for mobile containerised kitchen systems to aerospace, defence and security group Saab. The contract will be executed by Saab at its facility in Centurion, just south of Pretoria. The value of the contract has not been... 

Mining contributes A$55bn to Qld economy in 2016/17

By: Mia Breytenbach     21st November 2017 The resources sector continues to drive employment and investment in Queensland, having contributed A$55.1-billion to the state’s economy in 2016/17 and supported the equivalent of 282 633 full-time jobs. This is according to the Queensland Resources Council’s (QRC’s) eighth yearly economic... 

New Generation Engines Raise Bar For Remanufacturers

     21st November 2017 So complex has modern engine design become that companies wanting to have their engines remanufactured should first look carefully at their service provider’s equipment and in-house skills profile. According to Andrew Yorke, operations director of Metric Automotive Engineering, the cost benefit... 

WPIC forecasts yet another platinum deficit in 2018

By: Megan van Wyngaardt     21st November 2017 A global platinum deficit of 275 000 oz is expected in 2018, further reducing the availability of above ground stocks of the metal, which have contributed about 2.5-million ounces in the last year, the World Platinum Investment Council (WPIC) said on Monday. “[This] represents the sixth year that... 

Shell collaboration helps power London buses with coffee waste

By: Nica Schreuder     20th November 2017 International energy and petrochemicals group Shell, in partnership with London-based clean technology company bio-bean and UK biodiesel producer Argent Energy, is helping power some of London’s buses through a new coffee biodiesel project – launched on Monday – which uses a biofuel made partly... 

Tesla truck supercharges hopes for boom in battery metals demand

By: Bloomberg     19th November 2017 Tesla’s plans to roll out an all-electric big rig have given a fresh jolt to the outlook for battery metals that will go into powering the truck founder Elon Musk is calling “The Beast.” Banks including Goldman Sachs Group, UBS Group and Bank of America are already forecasting a surge in demand... 

New $200 000 Tesla Roadster speeds in front of electric big-rig truck

By: Reuters     17th November 2017 Tesla Inc upstaged its own debut of an electric heavy duty truck on Thursday when a red Roadster pulled out of the big rig’s trailer and Chief Executive Elon Musk said the new $200 000 sports car would be the fastest production car ever. The showmanship wowed the crowd although some analysts’... 

Legislation, infrastructure crucial for electromobility to thrive in South Africa

     17th November 2017 Tim Abbott contends that, with favourable legislation and the requisite infrastructure, South Africa's burgeoning electric-vehicle market will thrive There is no doubt that the long-term future of automotive mobility includes electric vehicles (EVs). In 2016, nearly 774 000 EVs and plug-in hybrid... 

Specialised welding enhances refurbishment capabilities

By: Robyn Wilkinson     17th November 2017 Having proven the benefits of laser beam welding for the refurbishment of industrial components in a range of experimental projects, the Council of Scientific and Industrial Research’s (CSIR’s) National Laser Centre (NLC) is working to commercialise this specialised technique for the South... 

Blue Crude plant, Norway

By: Sheila Barradas     17th November 2017 The project entails the construction of a plant that will produce the environment-friendly synthetic crude oil substitute Blue Crude. 

SNC-Lavalin signs multiyear agreement with Chevron

By: Anine Kilian     16th November 2017 Project management company SNC-Lavalin has inked a multiyear agreement with oil producer Chevron South Africa’s crude oil refinery in Cape Town, which will run until August 31, 2020.     As per the agreement, SNC-Lavalin’s scope of work includes the mechanical maintenance services of various... 

City of Johannesburg mulls electric bus pilot project 

By: Irma Venter     16th November 2017 The City of Johannesburg hopes to conclude a near-term feasibility study on the use of battery electric and fuel-cell buses by the end of 2019. With this done, it could be possible to introduce an electric bus to the city’s bus fleet in a pilot implementation project in 2023, says City of... 

Fortune to consider higher cobalt output in Nico feasibility report

By: Henry Lazenby     10th November 2017 Project developer Fortune Minerals plans to increase the production rate at its flagship Nico cobalt/gold/bismuth/copper project, in Canada’s Northwest Territories, by between 20% and 30% in a response to feedback from potential strategic partners, the company announced on Thursday. London,... 

South Sudan seeks outside help as it aims to power up

By: John Muchira     10th November 2017 South Sudan is pleading for foreign funding and investment in the energy sector to light the country which remains in the dark. Despite being endowed with vast oil and gas reserves and massive potential to generate electricity from hydro, solar and wind sources, the country entirely depends on... 

Student competition fosters innovative energy solutions

By: Nica Schreuder     10th November 2017 In a bid to allow South African engineering students to explore and understand energy efficiency and solutions, Gauteng-based tertiary institution the University of Johannesburg (UJ) has partnered with international energy and petrochemicals group Shell Global for the fourth time to host the... 

Gas company secures onshore petroleum production right

By: Mia Breytenbach     10th November 2017 The Petroleum Agency of South Africa has granted integrated alternative and renewable-energy business Renergen’s Tetra4 subsidiary environmental authorisation for its Free State natural gas development. The authorisation, the processing of which has taken more than two years, with multiple rounds... 

Innovative system uses truck engine to refrigerate cold trailers

By: Irma Venter     10th November 2017 Eqstra Flexi Fleet, a division of Eqstra Fleet Management and Logistics, has partnered with New Way, Ice Cold Bodies, and Javgro Transport Refrigeration Solutions to design a cold trailer that will run “80% to 90% of the time” using power from the truck engine, says Javgro MD Kenan Gröss. In... 

ISO Bearings

     10th November 2017 Boksburg-based bearings supplier ISO Bearings is the South African importer and distributor of the ISO and LYC bearings brands and ancillary equipment. The company’s product portfolio offers solutions for the mining, agriculture, general engineering, earthmoving, food processing,  railways and... 

Large oil traders escape EU's MIFID II trading rules, for now

By: Reuters     9th November 2017 Less than two months before strict European Union rules on derivatives come into force, most large oil traders have persuaded regulators to exempt them for now from limits on the positions they can hold, arguing they are not speculators. The EU's revamped Markets in Financial Instruments... 

BAW introduces SA assembled diesel taxi

By: Irma Venter     8th November 2017 Beijing Automotive Works South Africa (BAW SA) will test a new diesel minibus taxi in the local market through sales at four selected dealers in Johannesburg, Cape Town, Durban and KwaZulu-Natal’s South Coast. Should the market accept the vehicle, availability would grow to most of the 28 BAW... 

High-pressure industrial cleaning suitable for various industries

By: Marleny Arnoldi     3rd November 2017 Water-jetting solutions provider Total Blasting says its ultrahigh-pressure jetting units are suitable for applications in industries such as petrochemicals (refineries), marine, offshore oil and gas, and automotive manufacturing plants.  

Newly inaugurated PV microgrid to supply almost 50% of Robben Island’s electricity

By: Mia Breytenbach     3rd November 2017 Robben Island, a World Heritage Site has gone green with the installation of a R25-million solar energy, lithium-ion battery storage microgrid that will supply almost half of the island’s yearly electricity requirement. The Department of Tourism, together with the appointed engineering,... 

Complete heavy-vehicle service station concept created through partnership 

     2nd November 2017 Oil and gas multinational ExxonMobil and tyre multinational Michelin Tyre Company, teamed up with local truck service and wheel alignment enterprise Laser Fast to create a truck stop where the vehicles are checked, serviced and wheels aligned while drivers rest. Schalk Burger has the story. 

Engen and Edcon partner up for rewards

     2nd November 2017 Engen has launched an exciting new partnership with Edcon’s Thank U loyalty programme.   According to Engen’s Head of Retail, Seelan Naidoo the partnership is another way that Engen is putting customers first.    “By partnering with one of the most popular rewards programmes in the country, this... 

Cooke underground closes but 1 640 Beatrix jobs saved – Sibanye

By: Martin Creamer     1st November 2017 The underground mining operations at the Cooke 1, 2 and 3 gold mining shafts on the West Rand have been placed on care and maintenance resulting in the retrenchment of 2 025 employees, in addition to the 1 350 who took voluntary separation packages, precious metals mining company... 

Renergen reports modest interim results

By: Anine Kilian     31st October 2017 JSE-listed alternative and renewable energy business Renergen’s revenue increased by 179% to R1.4-million in the half-year ended August 31, bolstered by a higher diesel price following a weaker rand and higher oil prices in the period under review. The company’s cost of sales increased by 381% to... 

New car, bakkie owners unhappy about fuel consumption, reveals Ipsos survey

By: Irma Venter     30th October 2017 Poor fuel consumption has emerged as the major gripe from customers in the newest Ipsos Quality Survey. Fuel consumption was the biggest cause for customer complaint in 13 of the 16 vehicle model segments into which Ipsos divides the South Africa market.  

Petrol, diesel prices to increase in November

By: Reuters     30th October 2017 The retail price of petrol and the wholesale price of diesel in South Africa will increase from Wednesday due to a weakening of the rand against the dollar, the energy department said on Sunday. The price of petrol will rise by 4 cents to 14.05 rand per litre in the commercial hub of Gauteng... 

Palladium surge felt on Chicago streets as thieves plunder cars

By: Bloomberg     27th October 2017 Investors aren’t the only ones who have noticed palladium’s surge this year. To appreciate the impact of the recent jump in prices, one need look no further than the streets of Chicago. A police locale put out a bulletin on October 23 alerting residents to thefts of catalytic converters, vehicle... 

Initiatives aim to reduce carbon footprint and production costs

By: Simone Liedtke     27th October 2017 Current initiatives in the global synthetic fuels (synfuels) industry are focussing on using coal feedstock more efficiently to reduce operational and capital costs of production, states chemicals process engineering company Holland and Hausberger CEO Dr Brendon Hausberger. 

First synthetic Blue Crude plant to start operation in 2020

     27th October 2017 The mass production of the environment-friendly synthetic crude oil substitute Blue Crude will become a reality from 2020, says research and development company Sunfire.  

Positive prospects for synfuels sector with focus on efficient maintenance

By: Simone Liedtke     27th October 2017 Welding and construction equipment-related supplier Renttech South Africa (SA) sees prospects for the synfuels industry improving, as the recent depressed period - owing to the decline globally in hydrocarbon fuel prices - has seen the petrochemicals industry focusing on efficient maintenance,... 

Nigeria's gasoline price cap hurting industry, costing economy

By: Reuters     26th October 2017 Nigeria must remove its gasoline price cap to prevent shortages, enable investment and keep the government from using valuable resources to import fuel, delegates at the OTL Expo in Lagos said on Wednesday. Gasoline is a highly charged subject in Nigeria, Africa's largest oil exporter. President... 

Aggreko commissions 7.4 MW diesel facility to power Yanfolila processing plant

By: Creamer Media Reporter      25th October 2017 Temporary power generation equipment supplier Aggreko has commissioned a 7.4 MW diesel power facility at Aim-listed Hummingbird Resources’ Yanfolila mine, in Mali. The facility will provide power to the mine’s process plant. 

Renergen secures onshore petroleum production right in South Africa; will locally produce LNG

By: Mia Breytenbach     24th October 2017 The Petroleum Agency of South Africa has granted integrated alternative and renewable energy business Renergen’s Tetra4 subsidiary environmental authorisation for its Free State natural gas development. The authorisation, the processing of which has taken more than two years and has involved... 

Twelve big cities to buy zero emissions buses, extend green areas

By: Reuters     23rd October 2017 Twelve major cities including London, Paris, Los Angeles and Cape Town promised on Monday to buy only zero-emissions buses from 2025 and to make major areas free of fossil fuel emissions by 2030 to protect the environment. The 12, with a combined population of almost 80-million, said they would... 

Engen opens flagship site in Midrand

     23rd October 2017 The people of Kaalfontein are set to reap the benefits from the 24-hour services and new taxi rank on offer at the all new Engen Kaalfontein Convenience Centre.   Despite being operational for the past six months, the site was officially opened by the Gauteng MEC of Transport, Mr Ismail Vadi on... 

Robben Island inaugurates R25m microgrid

By: Mia Breytenbach     20th October 2017 Robben Island, a World Heritage Site has gone green with the installation of a R25-million solar energy, lithium-ion battery storage microgrid that will supply almost half of the island’s yearly electricity requirement. The Department of Tourism, together with the appointed engineering,... 

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