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Press Office - SRK Consulting

SRK Consulting

SRK provides expert advice and solutions for clients requiring specialised services, mainly in the fields of mining, geotechnics, water, waste and the environment.

SRK seeks to serve clients across a range of industries that are primarily natural resource based. The firm’s primary business is the provision of professional consulting services.

Topic

Tiger Brands’ shares fall on lower FY18 earnings expectations

By: Simone Liedtke     16th August 2018 JSE-listed Tiger Brands’ share price fell by nearly 9.8% on Thursday morning after it announced that its earnings per share (EPS) and headline earnings per share (HEPS) for the financial year to end September 30 are likely to decrease by 22% to 37% year-on-year. It reported EPS of R19.15 and HEPS... 

Metair to deliver its first lithium-ion batteries before the end of the year

By: Irma Venter     16th August 2018 JSE-listed Metair will deliver its first production lithium-ion batteries to a customer before the end of the year. Metair is a distributor and retailer of energy storage solutions and automotive components. 

Iluka's H1 earnings surge

By: Esmarie Swanepoel     16th August 2018 Mineral sands miner Iluka has reported an 80% increase in the underlying group earnings before interest, tax, depreciation and amortization (EBITDA) for the half-year to June. Underlying EBITDA reached A$278.5-million in the interim period, compared with the A$154.6-million in the previous... 

Durable equipment is the key to success

By: Creamer Media Reporter      16th August 2018 One of the Western Cape’s fastest growing civil construction companies, JVZ Construction, attributes a large portion of its success to the procurement of reliable and durable equipment that has enabled it to complete projects effectively and timeously. As a result of its on-time performance and... 

Structurally-complex 140 West Street is both timeless and elegant

15th August 2018 The ability to make a structurally-complex building appear both elegant and timeless was the driver behind the successful design of the new 140 West Street commercial development in Sandton, according to Paragon Project Architect Kay Hausler. Developed by Zenprop, the 27 000 m² of P-grade office... 

Why converting municipal trash into energy isn’t a complete waste of time

15th August 2018 Although many would argue otherwise, the inevitable concept of centralized power plants is slowly dissipating. We’re moving into an era where consumers of energy are also becoming producers of it, where communities and businesses are generating their own power. But, even though conversations... 

Research chairs established to assist South African waste sector

By: Simone Liedtke     14th August 2018 The South African waste sector is in desperate need of change, says Council for Scientific and Industrial Research (CSIR) Waste Research, Development and Innovation (RDI) Roadmap Implementation Unit manager Professor Linda Godfrey. Speaking at the launch of South Africa’s first research chairs in... 

Mining production increases 2.8% y/y in June

By: Marleny Arnoldi     14th August 2018 Mining production increased by 2.8% year-on-year in June, from a 1.8% decline in May, with the largest positive contributor being platinum group metals (PGMs), which rose by 28.2% and contributed 5.9 percentage points, says Statistics South Africa (Stats SA). Other positive contributors were... 

City of Joburg makes 71 inner city properties available for private sector development

By: Marleny Arnoldi     14th August 2018 Johannesburg executive mayor Herman Mashaba has declared Johannesburg’s inner city open for business by putting 71 properties out to tender for private sector development into mixed-income housing, student accommodation and small business rental space. This forms part of City of Joburg’s inner... 

Champion appoints Roxgold finance chief as its CFO

By: Creamer Media Reporter      14th August 2018 TSX-listed Champion Iron on Tuesday announced the appointment of Natacha Garoute as CFO. Garoute has more than 20 years of finance experience, with a strong focus on mining, most recently as CFO of TSX-listed gold producer Roxgold. 

Nornickel earnings jump on higher metal prices, operational efficiencies

By: Simone Liedtke     13th August 2018 Nickel and palladium producer Norilsk Nickel (Nornickel) reported a 77% year-on-year increase to $3.1-billion in earnings before interest, taxes, depreciation and amortisation (Ebitda) in the first half of 2018, driven by higher metal revenue and operational efficiency gains. The Ebitda margin... 

Threat of contagion in emerging markets deepens commodity risk

By: Bloomberg     13th August 2018 When Thailand devalued its currency two decades ago, few in global commodity markets took note. Within a year, the crisis morphed into an emerging-market rout that eviscerated the price of everything from crude oil to copper. Fast forward to today and Turkey is presenting a similar challenge. The... 

Esor’s share price plummets as major subsidiary files for business rescue

By: Simone Liedtke     13th August 2018 JSE-listed Esor’s share price plummeted on Monday by 62.5% as the company announced the start of business rescue proceedings for its Esor Construction subsidiary, which holds the group’s infrastructure, building and housing, pipelines, sanitation and pipe services businesses. The decision follows... 

CVC®plus system for finishing mill to influence strip geometry

13th August 2018 ArcelorMittal Bremen will upgrade its hot strip mill with the aid of SMS group ArcelorMittal Bremen, Germany, has contracted SMS group www.sms-group.com to modernize its hot strip mill with the objective of improving hot strip tolerances. The upgrade will comprise the installation of a CVC®plus... 

Galeforce growth for compressed air systems specialist - Integrated Air Solutions

10th August 2018 Integrated Air Solutions, an industry power house in the supply of turnkey air compressor solutions and services, is one of only a few OEM companies with the ability to locally customise compressors to OEM warranty. The Air Solutions team have decades of unrivalled experience in providing... 

Retailer pilots South Africa’s first in-store recycling vending machine

By: Simone Liedtke     10th August 2018 In line with its commitment to achieving zero packaging waste to landfill by 2022, retailer Woolworths has launched the customer trial of an integrated reverse vending machine in its flagship green store, Woolworths Palmyra, in Claremont. This, Woolworths says, is good news for the many South... 

BHP says Brazil court approves Samarco settlement

By: Reuters     10th August 2018 Mining heavyweight BHP said on Thursday a federal court in the Brazilian state of Minas Gerais approved an agreement between miner Samarco and Brazil authorities, marking a milestone in the legal battle over a deadly 2015 dam failure. A 20-billion reais ($5.- billion) lawsuit against Samarco,... 

Karoo’s MeerKAT radio telescope sets scene for pioneering scientific discovery

By: Dylan Slater     10th August 2018 The Karoo-based MeerKAT radio telescope, located about 90 km from Carnarvon, in the Northern Cape, was inaugurated on July 13, giving the public a glimpse into what was unveiled as the best of its kind and a true benchmark in terms of pioneering scientific cosmic discovery, says South African... 

App monitors spread of FAW in Africa

By: Erin Steenhoff-Snethlage     10th August 2018 The Fall Armyworm Monitoring and Early Warning System (FAMEWS) application (app) can save 300-million people in Africa from food insecurity and prevent significant economic losses in maize of up to $4.8-billion, caused by the infestation of the fall armyworm (FAW), says Food and Agriculture... 

Ongoing waterproofing for Innovation Hub campus

By: Jessica Oosthuizen     10th August 2018 Speciality chemicals manufacturer a.b.e. Construction Chemicals continues to provide large volumes of polyurea coating for the waterproofing of an expansive roof of one of the Innovation Hub campus’ new buildings in Gaborone, Botswana. The project is expected to be completed by the end of the... 

Anticipated growth for solar furnace market

10th August 2018 The global solar furnace market is envisaged to leverage the opportunity created by the growing need to use solar energy as a cost-effective alternative to fossil fuel, owing to increasing prices. This is according to a report by market researcher and consulting services provider TMR Research,... 

Karoo’s MeerKAT radio telescope sets scene for pioneering scientific discovery

By: Dylan Slater     10th August 2018 The Karoo-based MeerKAT radio telescope, located about 90 km from Carnarvon, in the Northern Cape, was inaugurated on July 13, giving the public a glimpse into what was unveiled as the best of its kind and a true benchmark in terms of pioneering scientific cosmic discovery, says South African... 

Space agencies of South Africa and India strengthen cooperation

By: Rebecca Campbell     10th August 2018 The South African National Space Agency (Sansa) and the Indian Space Research Organisation (ISRO) formalised their relationship by signing a Memorandum of Understanding on the fringes of the recent Brics Summit in Johannesburg. (Brics is the alignment between Brazil, Russia, India, China, and... 

OLI South Africa

10th August 2018 As the world’s top-selling electric and pneumatic vibrator manufacturer, OLI guarantees a high level of customer service through its 19 OLI trading subsidiaries, 36 warehouses and five manufacturing plants worldwide. OLI vibrator motors are distributed in South Africa by the company’s local... 

Unctad, Alibaba say Africa is ripe for e-commerce opportunities

By: Marleny Arnoldi     8th August 2018 Across Africa, e-commerce platforms flanked by payments, logistics, tourism and big data partners, are beginning to lift local economies, says e-commerce giant Alibaba’s Business School and the United Nations Conference on Trade and Development (Unctad), which co-hosted the Netrepreneurs: The... 

R12m solar PV plant to be installed at Liberty Midlands Mall

By: Nadine James     8th August 2018 Liberty Two Degrees (L2D), in partnership with Liberty Group, on Wednesday announced the first solar photovoltaic (PV) installation at the Liberty Midlands Mall, in Pietermaritzburg. This solar PV plant is being commissioned on the roof of the mall’s 22 000 m2 Phase 3 extension, which was... 

Global precast-concrete industry takes centre stage as a driver of innovation

By: Creamer Media Reporter      8th August 2018 The global precast-concrete industry can lay claim to being a leading driver of innovation in the construction industry. This has been an ongoing process since the lattice girder was harnessed in the 1960s to allow for the first large-scale industrial production of precast-concrete elements. 

Business Confidence Index gains one index point in July

By: Marleny Arnoldi     8th August 2018 The South African Chamber of Commerce and Industry (Sacci) business confidence index (BCI) improved by one index point in July to measure 94.7, compared with 93.7 in June. However, the BCI remained 0.6 index points below the 95.3 of July 2017. “Whereas the downward momentum of the BCI slowed in... 

Glencore darts ahead of diversified rivals

By: Martin Creamer     8th August 2018 The strength of the business model and commodity mix of mining and marketing company Glencore has been demonstrated once again by sharp increases in earnings and net income in the six months to June 30. The earnings before interest, taxes, depreciation and amortisation (Ebitda) of the 146... 

Battery metal deals still sparking - EY

By: Esmarie Swanepoel     8th August 2018 The battery metals sector appears to be somewhat isolated from the recently slow-down in global mining and metals transactions, advisory firm Ernst & Young (EY) said. EY earlier reported that global merger and acquisition (M&A) transaction values in the mining and metals sector fell by 9.5%... 

Engen Pitch & Polish continues to advance entrepreneurs

By: Creamer Media Reporter      8th August 2018 Engen believes that entrepreneurship and an entrepreneurial culture are crucial to South Africa’s sustainable economic and social development. This is why the petroleum giant is again a proud partner and the headline sponsor of the 2018 Engen Pitch & Polish, powered by Raizcorp.   It is the ninth... 

Corruption Watch report highlights schools, SOEs, health sector as areas of concern

By: Nadine James     7th August 2018 From January 1 to June 30, 2 469 cases of corruption were lodged with Corruption Watch the organisation noted in its ‘2018 Analysis of Corruption Trends (ACT)’ report, which it released on Tuesday. Six areas of concern were highlighted by these cases, including schools, municipalities, the South... 

Think that complicated terms like NAS and cloud are only for geeks?

By: Creamer Media Reporter      7th August 2018 NAS stands for network-attached storage. Sounds complicated and technical and only for hardcore technology fundi’s right? Wrong. NAS happens to be a clever, easy and brilliant way to build a home server that allows you to change the way you handle all your photos, videos, backups, streaming and... 

Permitting clock starts ticking at Anaconda’s Goldboro project

By: Mariaan Webb     7th August 2018 TSX-listed gold miner and explorer Anaconda has filed the registration document for its Goldboro project with the Nova Scotia Department of Environment, marking the start of the permitting process and getting the company one step closer to its aim of reaching the preproduction stage in 2020. The... 

‘Solid’ safety: Vital Engineering’s solid forged handrails and stair tread nosing – safety assured for the local and pan-African mining sector

7th August 2018 Mining is a primary creator of wealth and employment, and, as such, places demands on the people and equipment employed this all-important sector. To keep mines operating efficiently, quick, safe access to areas such as minerals processing plants is essential. Founded in 1939, Vital Engineering... 

Study says gender a challenge for female entrepreneurs in construction 

By: Irma Venter     7th August 2018 Women in the construction and related industries not only face discrimination while working for existing firms, but also when starting their own businesses, says Mercantile Bank. A recent study conducted on behalf of the institution found that 67% of female business owners surveyed in the... 

Avenira raises cash for Baobab expansion studies

By: Esmarie Swanepoel     7th August 2018 Phosphate developer Avenira will raise A$2.8-million through a share placement to fund the completion of a feasibility study to expand the Baobab project, in Senega. Avenira will place more than 139.9-million shares, at a price of 2c each, with the company saying on Tuesday that it has received... 

Mosaic reports Q2 earnings, increases FY Ebitda guidance

By: Mariaan Webb     7th August 2018 NYSE-listed fertiliser company Mosaic on Monday reported second-quarter earnings of $97.9-million, on net sales of $2.2-billion and increased its earnings before interest, taxes, depreciation and amortisation (Ebitda) range on strong underlying business performance and lower full-year taxes. The... 

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