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Aerosud appoints new board member

By: Creamer Media Reporter      21st September 2018 Aerosud Holdings (Pty) Ltd is proud to announce the recent appointment of Mr George Sebulela to its Board of Directors. George Sebulela is a highly experienced leader, entrepreneur and distinct professional with many years’ experience in strategy execution and investment banking in South Africa... 

US sanctions driving Russian billionaires into Putin’s arms

By: Bloomberg     21st September 2018 The Trump administration is helping Vladimir Putin achieve a goal that’s eluded him for almost two decades—getting Russia’s billionaires to start repatriating some of their assets. Relatively muted sanctions imposed during the Obama era over the conflict in Ukraine have only widened in scope and... 

DRA to conduct feasibility study for Guinea graphite project

By: Schalk Burger     19th September 2018 Engineering services multinational DRA has been appointed to conduct the feasibility study for Canada-based Guinea-focused mining company SRG’s Lola graphite project, in Guinea. DRA said in a statement on Wednesday that the project will be executed through the DRA Met-Chem office, in Montreal,... 

Global steel production, consumption growth to slow – Fitch

By: Tasneem Bulbulia     18th September 2018 Growth in global production and consumption of steel in expected to slow over 2018/19, following a significant rebound since early 2016, Fitch Solutions Macro Research’s recently published ‘Global Steel Outlook’ report states. The global market will post a narrowing deficit of 7.4-million tonnes... 

Gold continues 'slow dance' around $1 200 despite fund exodus

By: Bloomberg     18th September 2018 Gold is sticking to a narrow trading range around $1 200/oz even after holdings in bullion-backed exchange-traded funds plunged to their lowest in a year. Bullion for immediate delivery was 0.2 percent lower at $1 198.74/oz as of 11:29 a.m. in London. In the last month, gold has traded within a... 

Top miner sees US-China trade tensions limiting global growth

By: Bloomberg     18th September 2018 Rising US-China trade tensions threaten to curb consumer purchasing power, crimp productivity growth and limit global economic expansion, according to the world’s biggest mining company. The confrontation between the world’s top two economies, “along with an increasingly unpredictable policy... 

Jaguar Land Rover to cut output at UK car plant after warnings on Brexit, diesel

By: Reuters     17th September 2018 Britain's biggest carmaker Jaguar Land Rover said it will go down to a three-day week at its Castle Bromwich plant in central England just days after its boss warned about the impact of Brexit and diesel policy. The Castle Bromwich facility will operate a three-day week from October until the... 

DEHN AFRICA offers lightning and surge protection as solar installations in Africa gather momentum

By: Creamer Media Reporter      17th September 2018 The use of solar power and solar energy installations is growing around the globe, and this holds true in Africa as well. DEHN AFRICA has worked on a number of projects across the continent and notes that, while solar installations are on the rise, the use of photovoltaic (PV) installations... 

Poland says door open for South African investors 

By: Simone Liedtke     14th September 2018 Poland is open for business and remains committed to open trade between Poland and South Africa, Polish Ambassador to South Africa Andrzej Kanthak said on Friday. Speaking to delegates at the JSE’s first country investment day, in Johannesburg, which focussed on business relations between South... 

Laser leaving mark on product identification

By: Jessica Oosthuizen     14th September 2018 Various industries are becoming increasingly aware of product identification solutions, owing to the upsurge of counterfeit products entering the local market from the Far East, says identification and traceability company Traceability Solutions MD Kelby Parker. This has resulted in a growing... 

Glider reaches unprecedented altitudes in experimental programme

By: Rebecca Campbell     14th September 2018 In just eight days during late August and early September, Airbus’ Perlan 2 glider set three new world altitude records for a glider. Moreover, during the third of these flights, it reached an altitude that has been exceeded in level flight by only two other types of aircraft. These flights were... 

Satellite operator launches South Africa-based operations

By: Natasha Odendaal     14th September 2018 Satellite operator Avanti Communications Group has officially launched its South Africa-based operations as it continues a corporate revamp and continued investment and focus in Africa. “The announcement is underpinned by Avanti’s continued commitment to investing in Africa through a direct local... 

Weba Chute Systems

14th September 2018 Effective transfer of materials in chutes is a pressing issue for all mines. With the spotlight firmly on increasing productivity through more effective discharge of materials, coupled with minimising downtime and maintenance, solutions are critical to sustainability. With over 4 000 transfer... 

Ultra-3000 offered to local, international markets

By: Tasneem Bulbulia     13th September 2018 Concrete products machinery manufacturer Pan Mixers South Africa (PMSA) completed trials for the Ultra-3000 last month, and is offering this “unmatched machine” to the South African and international markets, PMSA marketing and sales manager Quintin Booysen tells Engineering News. The PMSA-Ultra... 

Vitaglass - ‘reinforcing’ the trend toward maintenance-free, glass fibre reinforced gratings

13th September 2018 For nearly 80 years, Vital Engineering has been providing clients across various industry sectors – from food and beverage, marine exploration, minerals sands processing, architectural, construction, petrochemical, mining, and power generation – with a range of products. This comprises non-slip... 

Europa initiate land use process for Spain mine development

By: Creamer Media Reporter      13th September 2018 Triple-listed Europa Metals has initiated a change of land use process to facilitate the potential future development of its Toral lead/zinc/silver project, in northern Spain. The company has engaged consultancy MAGMA Soluciones Ambientales to progress the requisite land use applications across... 

RWE fears lignite industry collapse in hasty coal exit by Merkel

By: Bloomberg     12th September 2018 Chancellor Angela Merkel’s plan to phase out coal-fired power plants in Germany should stop short of “prematurely” closing brown coal facilities, or she risks the collapse of the nation’s mining industry as well as persistent blackouts, RWE AG said in a report. Shuttering coal plants may have a... 

EU's Juncker eyes Africa free trade pact

By: Reuters     12th September 2018 The European Union (EU) should offer a free trade agreement to the whole of the African continent and a new investment alliance, European Commission President Jean-Claude Juncker said in a keynote speech on Wednesday. Among various proposals for EU action to bolster prosperity in the world's... 

Alaris aiming to grow global footprint with solid FY18 results

By: Simone Liedtke     11th September 2018 AltX-listed Alaris Holdings on Tuesday said its continuing operations performed well during the financial year ended June 30, with a number of large orders received from Europe and the Middle East. During the period, the technology holding company managed to grow revenue by 17% from... 

The black grit that beat Bitcoin's rally and didn't slump

By: Bloomberg     11th September 2018 China’s push for blue skies has caused an obscure steelmaking ingredient to fuel gains of as much as 2,600 percent since the start of 2017 for the few companies that supply it, minting at least one new billionaire. The material is graphite, a form of carbon that has seen demand soar because of... 

Electric cars give new life to mine excavated for nuclear power

By: Bloomberg     10th September 2018 Demand for a new generation of electric vehicles is breathing life into an Alpine mine that was originally excavated to feed an Austrian nuclear industry that never materialized. The developer of the site in Wolfsberg, European Lithium, is planning to move its primary stock listing to Austria... 

ABB equipment set for Kittilä gold mine in Finland

By: Tasneem Bulbulia     7th September 2018 The Kittilä mine has invested in multinational corporation ABB’s production and personnel hoists, and these are set to be installed and introduced at the mine during 2020/21 The ABB delivery includes one friction type production hoist with 2.5 MW of motor power and a 1.2 MW single drum personnel... 

EPP reports strong portfolio, income growth

By: Marleny Arnoldi     7th September 2018 JSE-listed Polish property company EPP has declared a distribution growth of 12% apiece to 5.82c for the six months ended June 30, compared with 5.19c in the first half of 2017, placing the company on track to deliver full year dividends of between 11.6 and 11.8c apiece. EPP’s results show... 

Northam says growth strategy remains on track

By: Simone Liedtke     7th September 2018 Platinum producer Northam Platinum’s growth, diversification and optimisation strategy is on track, with progress being made in the development of the Booysendal South and Zondereinde mines, in Limpopo. Zondereinde has enjoyed relatively stable labour relations over the past few years, which has... 

Significant growth expected in flame arrestor market

7th September 2018 The global flame arrestors market is estimated to be $713.8-million in 2018 and is projected to reach $924.7-million by 2023, at a compound annual growth rate of 5.31%, according to research company Research and Markets. In their report titled ‘Flame Arrestors Market by Type (In-Line and... 

Blockchain for enterprise cloud platform to raise transaction trust

By: Schalk Burger     7th September 2018 Cloud technology multinational Oracle’s Blockchain Cloud Service provides a development platform for enterprises and State organisations to build their own scalable and low-cost blockchain networks, says Oracle cloud platform business development director and Europe, Middle East and Africa... 

Poland's JSW seeks tighter grip on coking coal with possible Prairie bid -sources

By: Reuters     6th September 2018 Poland's JSW is considering a bid for control of Prairie Mining to tighten its grip as the EU's biggest coking coal miner, two sources familiar with the situation said. Coking coal is on the European Commission's list of critical raw materials of economic importance with the price of Chinese... 

Rusal's August aluminium exports up 7% from July - Ifax

By: Reuters     6th September 2018 Russian aluminium producer Rusal, under US sanctions since April, increased its aluminium exports by 7% in August compared to the previous month, Interfax news agency said. Rusal, the world's second-largest aluminium producer, saw its exports and supply chain crippled after Washington put the... 

Research glider programme reaches unprecedented altitudes

By: Rebecca Campbell     5th September 2018 In just eight days during late August and early September, Airbus’ Perlan 2 glider set three new world altitude records for a glider. Moreover, during the third of these flights, it reached an altitude that has been exceeded in level flight by only two other types of aircraft. These flights... 

Savannah lists on Frankfurt exchange

By: Mariaan Webb     4th September 2018 Aim-listed lithium project developer Savannah Resources has added secondary listing on the Frankfurt Stock Exchange to increase its investor and corporate visibility in mainland Europe. The choice of a listing in Frankfurt is significant, as Germany is one of the continents’ largest consumers of... 

China's Xi offers another $60bn to Africa, but says no to 'vanity' projects

By: Reuters     3rd September 2018 Chinese President Xi Jinping offered another $60-billion in financing for Africa on Monday and said Chinese companies will be encouraged to invest no less than $10-billion over the next three years, but he also warned against "vanity projects". Speaking at the opening of a major summit with... 

China's Xi says no strings attached to funds for Africa

By: Reuters     3rd September 2018 Chinese funds are not for "vanity projects" in Africa but are to build infrastructure that can remove development bottlenecks, Chinese President Xi Jinping said on Monday, telling Chinese firms they also had to respect local people and the environment. Xi said at a business forum before the start... 

Transportation Components offers a smooth transition to Eaton severe-duty clutches – double the kilometres at a fractional cost for customers

31st August 2018 In the heavy transportation sector, clutches are a key sub-assembly and a vital part of the vehicle transmission. Over the years, the design of clutches has evolved to a high level of sophistication and reliability, allowing for the smooth transmission of power from the engine, through the... 

Bell reports strong H1 results, remains bullish on South African market

By: Nadine James     31st August 2018 JSE-listed Bell Equipment achieved a 6% year-on-year increase in revenue to R3.7-billion for the six months to June 30. Headline earnings a share increased by 10% to 131c and an interim dividend of 20c was declared. 

CSIR Aeronautics attracting international clients as SA budgets fall

By: Rebecca Campbell     31st August 2018 The Council for Scientific and Industrial Research (CSIR) Aeronautics Systems Competency has created an innovation team to address both emerging opportunities and problems in the global aerospace environment. (“Innovation team” is a description, not a title.) This amounts to the creation of a new... 

Reflecting on sugar customs duty increase

By: Riaan de Lange     31st August 2018 So, will the increase in the variable formula tariff (VFT) on sugar – or the 'honey without bees', as Alexander the Great called it – mitigate the harshness of international trade or be the saccharine protection that the Southern African Customs Union (Sacu) producers desire it to be? Growing up... 

CSIR Aeronautics attracting international clients as SA budgets fall

By: Rebecca Campbell     31st August 2018 The Council for Scientific and Industrial Research (CSIR) Aeronautics Systems Competency has created an innovation team to address both emerging opportunities and problems in the global aerospace environment. (“Innovation team” is a description, not a title.) This amounts to the creation of a new... 

Technical analytical firm offers sector-focused laboratory services

By: Schalk Burger     31st August 2018 Sci-Ba focuses on providing highly technical analytical services for commercial companies across a range of industries and has been divided into ten sector-focused laboratories to cater for the needs of specific industries, says Sci-Ba co-founder and director David Long. Developing new tests and... 

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