R/€ = 14.24 Change: 0.10
R/$ = 11.58 Change: 0.10
Au 1328.56 $/oz Change: 6.60
Pt 993.00 $/oz Change: 5.19


Nautilus rises as vessel construction passes 75% completion mark

By: Henry Lazenby     20th February 2018 The TSX-listed equity of marine mining pioneer Nautilus Minerals has gained nearly 44% since the start of the year, adding about 7% on Tuesday alone on news that construction of its production support vessel has passed the 75% completion mark. Under construction at the Fujian Mawei Shipyard, in... 

Commission recommends tribunal approve Southern Palace Group's Genrec buy

By: Simone Liedtke     19th February 2018 The Competition Commission has recommended to the Competition Tribunal that Southern Palace Group's (SPG's) proposed acquisition of steel fabrication and manufacturing business Genrec Engineering, from construction and engineering company Murray and Roberts, be approved without conditions. SPG,... 

Goscor Cleaning Equipment appoints GHF as its Botswana distributor

     15th February 2018 Goscor Cleaning Equipment (GCE) is providing added product and service through GHF, which is now its official dealer in Botswana. Since its establishment in 1999, in Gaborone, GHF – a specialist in maintenance, design and fabrication of specialist equipment, with a wide range of products – has... 

M&R committed to deliver sub-Saharan power and water prospects as mega-project era draws to close 

By: Creamer Media Reporter      14th February 2018 The Power & Water business platform within JSE-listed engineering and construction group Murray & Roberts (M&R) is beginning to shift its attention from Eskom’s two megascale power station projects, in Limpopo and Mpumalanga respectively, to tackling a range of smaller opportunities in various... 

Supplier adds food-grade range to lubricant offering

By: Marleny Arnoldi     9th February 2018 Engineering consumables and components distributor BMG will start supplying a National Sanitation Foundation International-certified H1 food-grade range of lubricants from the third quarter this year to the food and beverage industry.  

No ‘brakes’ on innovation: First Cut brings Bystronic’s award-winning Xpert 40 press brake/Mobile Bending Cell combination to South Africa

     7th February 2018 Great innovation deserves to be rewarded. In the case of the foremost Swiss OEM (Original Equipment Manufacturer) Bystronic - a leading global provider of high-quality solutions for the sheet-metal processing industry – their Mobile Bending Cell was recognised with an award for innovative... 

When the going gets tough, Robor continues to find a way!

     6th February 2018 Robor – New Mill / Mine Support Products / Tricom Structures / Aegion Joint Venture Remaining at the forefront of technology and product development is paramount for any company who considers themselves amongst market leaders. At Robor, we take this aspect of our business very seriously. Over the... 

When the going gets tough, Robor continues to find a way!

     5th February 2018 Robor – New Mill / Mine Support Products / Tricom Structures / Aegion Joint Venture Remaining at the forefront of technology and product development is paramount for any company who considers themselves amongst market leaders. At Robor, we take this aspect of our business very seriously. Over the... 

SA’s oldest gold mine shifts to refrigerated cooling as it reaches greater depths

By: Dylan Slater     2nd February 2018 A cool breeze of change has swept over South Africa’s oldest listed gold mine – the Barberton gold mine, in Mpumalanga – where a refrige- rated cooling system has been installed to improve underground conditions as the mine reaches greater depths, where ambient air temperatures become hotter. The... 

Tubular – Professionals of choice for SMEIPP services

     2nd February 2018 Structural steelwork, mechanical, electrical, instrumentation, platework and piping (SMEIPP) services specialists for the construction industry Tubular offers clients a seamless process from foundation level to commissioning and the final handover of the project. A well respected and privately... 

Gabal El Zayt gas-insulated substation extension, Egypt

By: Sheila Barradas     26th January 2018 The Egyptian Electricity Transmission Company aims to connect an additional 120 MW of power to the national grid by the end of 2018. 

Gold expected to peak at $1 500/oz this year – Thomson Reuters

By: Mia Breytenbach     25th January 2018 Gold prices are expected to average $1 360/oz and hit a 2018 peak of more than $1 500/oz later this year, according to research firm Thomson Reuters GFMS, which published its fourth-quarter Gold Survey on Thursday. The firm noted that the survey’s forecast discounts three federal fund rate hikes... 

Necsa marks South African nuclear industry milestone 

By: Rebecca Campbell     24th January 2018 The South African Nuclear Energy Corporation (Necsa) marked an important milestone on Wednesday when it formally handed over the first locally-designed and manufactured safety-critical nuclear component, fully certified, to national power utility Eskom for use in the Koeberg nuclear power plant,... 

AGM highlights major 2017 accomplishments

     19th January 2018 Representative of the plastic pipe business the Southern African Plastic Pipe Manufacturers Association (Sappma) used the occasion of its thirteenth annual general meeting (AGM) held in Johannesburg recently to celebrate the successes achieved by this nonprofit association over the past 12... 

Mitigating plastic’s negative public image

By: Marleny Arnoldi     19th January 2018 Continued local and international pressure to ban plastic bags and other single-use plastics, as cited in the media and social media, is at an all-time high, says plastic industry representative body Plastics South Africa (Plastics SA).  

Trelleborg Fenders Protect Johan Sverdrup Topsides

     17th January 2018 Trelleborg’s engineered products operation has won a contract to supply DD fenders to Samsung Heavy Industries’ shipyard in South Korea for the safe and efficient installation of topside modules bound for Statoil’s Johan Sverdrup oil field project, located in the North Sea. Trelleborg was asked... 

Bolted Thickeners Are The Future – FLSMIDTH

     15th January 2018 The concept of bolted thickeners is growing in popularity. According to FLSmidth senior account manager Ricus van Reenen, this is a fit-for-purpose, high quality dewatering solution with reduced project construction risk and duration. These benefits resulted in FLSmidth securing an order in July... 

Glencore issues invitation to tender for supply of steel to South African mine

By: Creamer Media Reporter      12th January 2018 Diversified miner Glencore has issued an invitation to tender for the supply of leach vats structural steel at its opencast Rhovan mine, near Brits, in the North West, in South Africa. Interested parties have until January 24 to register, with a site meeting scheduled for January 25. 

Welding Alloys South Africa

     8th December 2017 Crushing hammers, cane knives, washboards, shredders, trash plates and mill roll arcing are a few areas within a sugar mill that experience significant wear. In most cases, demand on throughput outweighs the need to do regular and ongoing maintenance. It is vital to extract the most value out of... 

Eskom administrator tells inquiry he insisted Brown be informed of Molefe's retirement package

By: African News Agency      5th December 2017 Eskom administrator Anton Minnaar on Tuesday told the parliamentary inquiry into Eskom that he insisted Public Enterprises Minister Lynne Brown be informed of the plans to grant former CEO Brian Molefe early retirement shortly after he left the company. "I knew there is risk in this whole thing,... 

Kariba dam rehabilitation project, Zambia

By: Sheila Barradas     1st December 2017 The project is progressing steadily. 

After 130 years cooling comes to the oldest listed mine

     22nd November 2017 As you mine deeper, sooner or later it’s going to get hot. And so it has at Barberton, although it has taken more than a hundred years. BBE Projects have recently commissioned a refrigeration and air cooling system at Barberton Mine’s Fairview Shaft to provide much-needed cooling for the on-going... 

Heavy Kwatani Screen For Gamsberg

     21st November 2017 Spartan-based vibrating screen specialist Kwatani, driven by its aggressive cost leadership strategy, is supplying a large exciter-driven grizzly feeder and a sizing screen to the Gamsberg zinc project near Aggeneys in South Africa’s Northern Cape Province. As the flagship of miner Vedanta Zinc... 

The Channel Tunnel high-voltage direct current interconnector, UK and France

By: Sheila Barradas     10th November 2017 ElecLink is installing an electricity interconnector in the Channel Tunnel between the UK and France. 

AngloGold achieves strong Q3 performance, on track to meet FY guidance

By: Mia Breytenbach     6th November 2017 Johannesburg- and New York-listed AngloGold Ashanti generated free cash flow of $88-million in the third quarter of this year, following strong production and cost containment across its portfolio, and remains on track to meet its full-year guidance.  The free cash flow for the quarter, compared... 

Fluor successfully completes project at Letlhakane Mine in Botswana

     1st November 2017 Fluor has successfully completed the construction of Debswana’s Letlhakane Mine Tailings Resource Treatment Plant (LMTRTP), situated near Francistown in central Botswana. The modular plant, which was designed by Fluor, is currently being commissioned. The new 3.6 million tonne per annum modular... 

M&R sells Genrec to Southern Palace

By: Anine Kilian     30th October 2017 JSE-listed Murray & Roberts (M&R) has sold Genrec to black-owned industrial company Southern Palace Group. Certain assets and liabilities are excluded from the transaction and will remain with the group. 

Allied Steelrode’s LT20 tube laser: Imagination is the only limitation

     30th October 2017 High-speed, versatile five axis 3D tube laser creates dynamic new processing and pre-fabrication possibilities While many companies these days may claim to be innovators, true innovation is rare. However, for South Africa’s leading steel processor and supplier, Allied Steelrode, innovation is in... 

Pressure equipment for petrochem industry

By: Marleny Arnoldi     27th October 2017 Gas equipment supplier Energas Technologies says it will be beneficial being a local distributor and service provider for Italy-based specialised equipment manufacturer VRV, to local refineries and petrochemicals companies in particular.  

Local stainless steel industry remains optimistic

By: Robyn Wilkinson     27th October 2017 While South African demand for stainless steel is under severe pressure, the potential for growth once the local economy improves is strong and distributors are starting to position themselves strategically to take advantage of this, says stainless steel producer Columbus Stainless CEO Lucien... 

Wind energy sector still attractive to investors

By: Nadine James     27th October 2017 Shorter fabrication time, lower costs for parts, and increased repeatability and uniformity have led to impressive improvements in the wind energy sector, says multidisciplinary engineering consultancy WSP Africa power director Dinesh Buldoo. “For instance, there is significant focus on advanced... 

Competition proves long term value of stainless steel

By: Robyn Wilkinson     27th October 2017 The winner of the Southern Africa Stainless Steel Development Association’s (Sassda’s) Eiffel Tower life-cycle costing competition was announced earlier this month, having proven the success of the association’s new cellphone application (app) and the long-term value of stainless steel as a... 

Steel company raises the bar in Africa with new technologies

By: Robyn Wilkinson     27th October 2017 Taking a long-term view that predicts significant growth in demand for stainless steel products in Africa in the next few years, steel supplier and processing company Allied Steelrode has invested in advanced processing technologies that will cement its position as a market-leader in product... 

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,... 

K5Mzansi Joint Venture

By: Creamer Media Reporter      27th October 2017 The K5Mzansi Joint Venture (JV) is focused on delivering world-class-quality products, supplied on time at competitive prices, with a view to developing long-term relationships with its clientele. Servicing the mining, materials handling, power generation, petrochemicals, oil and gas, and heavy... 

Weak Asian demand may halt bullion bull-run – survey

By: Schalk Burger     26th October 2017 Weak Asian demand and record equity prices could result in a pause in the gold bull-run, Thomson Reuters GFMS’s Gold Survey for the third quarter of the year states. In September, gold prices rose to their highest level for 13 months owing to an escalation in rhetoric and actions on the Korean... 

Fluor establishes a Multi-Projects Group® to offer Scalable Project Solutions

     26th October 2017 Fluor South Africa has established a Multi-Projects Group® to assist clients with lean, cost effective engineering, procurement and construction services for small- to medium-sized projects. “This execution approach is instrumental in offering our clients capital cost efficiency, specifically... 

ASEAN – African manufacturers, tech firms to meet at Expo and Forum

     25th October 2017 Manufacturers and technology firms from across South-East Asia and Africa are set to converge in Johannesburg next month for the first Africa-ASEAN Business Expo (AABE) and Forum. 

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