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A 110-year pedigree and a competitive range of cabin, air, oil, and fuel filters to make your car run like a Champion®

22nd June 2018 Changing your car’s filters regularly is a ‘must’ if you want your beloved car to run like a Champion®. Clogged filters affect performance, with a noticeable loss of power, dirty smoke, oil light warning, and even potential engine failure. Johannesburg, South Africa, 22 June 2018. A competitive... 

$14m Sprott loan to reboot Alderon’s Kami project

By: Creamer Media Reporter      21st June 2018 TSX-listed Alderon Iron Ore has entered into an agreement with Sprott Resource Lending for a $14-million loan facility, which will provide the junior with sufficient funds to repay a loan due to Liberty Metals and Mining and provide additional runway to reboot the Rose deposit of the... 

Exploration delivering results for Kodal at Mali prospect

By: Nadine James     21st June 2018 Aim-listed exploration company Kodal Minerals has discovered high-grade mineralisation intersections following the drilling of an additional 19 drill holes during follow-up and extension drilling at the Sogola-Baoule prospect, in Mali. The intersections had minimum 5 m width, and results were... 

Basil Read applies for suspension of listing

By: Reuters     20th June 2018 South African construction firm Basil Read Holdings said on Wednesday it had applied to the Johannesburg Stock Exchange for the voluntary suspension of the listing of its shares after a key unit started business rescue proceedings. The cash-strapped company announced on Friday that Basil Read... 

Stop exploiting Africa, share resources, Pope tells Europe

By: Reuters     20th June 2018 Europe should stop exploiting Africa and invest in ways that benefit the continent more, including by sharing mineral wealth more equitably, Pope Francis said. "We must invest in Africa, but invest in an orderly way and create employment, not go there to exploit it," he told Reuters in a... 

SKF Super-precision Bearing Lubrication Unit

19th June 2018 To meet the ever-growing performance requirements of high-speed precision applications, SKF has developed the new Super-precision Bearing Lubrication Unit for use with oil-air lubrication in high-speed applications. This system can not only simplify new spindle designs but can also improve the... 

Rio spending $2.2bn on iron-ore supply

By: Esmarie Swanepoel     18th June 2018 Diversified miner Rio Tinto on Monday revealed that it will be spending some $2.2-billion over the next three years on replacement mines for its iron-ore operations in the Pilbara, including initial spending on the proposed Koodaideri, West Angelas and Robe Valley developments. Rio’s iron-ore... 

PPC delivers on strategic priorities, posts higher FY18 headline earnings

By: Simone Liedtke     18th June 2018 Cement producer PPC on Monday posted a 172% year-on-year increase in headline earnings to R231-million for the financial year ended March 31, while gross profit rose 3% on a strong performance by the group’s operations in Zimbabwe and Rwanda. The group’s cement sales volumes increased by 6% to... 

Basil Read enters business rescue

By: Irma Venter     15th June 2018 Basil Read on Friday announced that it has entered voluntary business rescue, as provided for by Section 129 of the Companies Act. Shares in the construction group plummeted 94% in afternoon trade, from a high of 22c to a low of 1c. 

DFS opens door for Keliber to advance Finland lithium project

By: Creamer Media Reporter      15th June 2018 Exploration and development firm Keliber has published the results of a definitive feasibility study (DFS) for its lithium project, in Finland, confirming its financial and technical feasibility. The DFS endows the lithium project with a net present value, using an 8% discount, of €295-million,... 

Minerals Council, water dept collaborate on water conservation, demand management project

By: Creamer Media Reporter      15th June 2018 The Department of Water and Sanitation (DWS) and the Minerals Council South Africa (MCSA) have reached a significant milestone in a collaborative exercise on water conservation and water demand management aimed at driving water savings and usage improvements in the mining industry. The... 

Royalties to contribute A$20bn to Qld Budget in next five years

By: Esmarie Swanepoel     15th June 2018 The resources sector’s contribution to the Queensland state Budget is expected to soar to more than A$20-billion between now and July 2023. Total mineral royalties reached A$4.32-billion in the 2018 financial year. 

Southeastern Trail expansion project, US

By: Sheila Barradas     15th June 2018 Transco aims to create an estimated 296 375 dekatherms a day of additional guaranteed transport capacity with the expansion project. 

Nevsun extends Bisha mine life to 2022

By: Creamer Media Reporter      14th June 2018 TSX-listed Nevsun has approved an openpit extension of the Bisha mine in Eritrea, which will add 3.3-million tonnes of ore to the mill, delivering about 470-million pounds of zinc and 52-million pounds of copper. The extension will allow operations to continue to 2022 and gives Nevsun time to... 

Industry 4.0 to add benefits across the entire value chain

By: Schalk Burger     14th June 2018 The nascent industrial revolution happening across the world, termed Industry 4.0, is helping to improve the entire value chain through the digitalisation of all processes and the integration and improvement of the interdependent processes, says industrial systems multinational Siemens Digital... 

Growthpoint Healthcare launches with R2.4bn portfolio

By: Nadine James     13th June 2018 Growthpoint Properties has launched South Africa’s first unlisted healthcare real estate investment trust (Reit), Growthpoint Healthcare Property Holdings, which already holds five assets valued at R2.4-billion. The introduction of Growthpoint Healthcare has received strong market interest with... 

Battery Minerals defers first shipment as RCF withdraws $30m funding

By: Esmarie Swanepoel     13th June 2018 ASX-listed Battery Minerals has deferred first graphite shipments from its Montepuez graphite project, in Mozambique, after Resource Capital Fund (RCF) terminated a $30-million debt and equity funding agreement. RCF told Battery Minerals that despite the first-phase due diligence being completed... 

Black Mountain step change takes effect

By: Esmarie Swanepoel     13th June 2018 Junior Black Mountain Resources has completed its restructure, disposing of its interest in the Namekara vermiculite mine, and changing its name to Hipo Resources. Black Mountain in February this year flagged a change in direction to focus on its lithium farm-in agreement in the Democratic... 

Project could extend Alaska mine’s life by 6yrs – Kinross

By: Marleny Arnoldi     12th June 2018 TSX-listed Kinross Gold has decided to proceed with the Gilmore expansion project at its Fort Knox mine, in Alaska.  

Stanmore extends Isaac Plains with Peabody deposit buy

By: Esmarie Swanepoel     12th June 2018 Coal miner Stanmore Coal has struck a A$30-million deal with Peabody Australia to acquire the Wotong South coking coal deposit, which is located adjacent to Stanmore’s Isaac Plains project, in Queensland. In addition to the A$30-million cash price, Stanmore has also agreed to a production-based... 

Goldcorp says protest could halt production at Mexico gold mine

By: Reuters     11th June 2018 Canada's Goldcorp said on Monday an ongoing protest blocking entry to its Penasquito mine, one of Mexico's biggest gold producers, could force the company to halt output. The mine, in northern Zacatecas state, produced 476 000 oz of gold last year, comprising 18% of Goldcorp's total production... 

Menlyn Park Shopping Centre Goes Green

11th June 2018 SA’s largest retail shopping centre awarded a star c for the second time The newly completed and largest retails shopping centre in South Africa’s, Menlyn Park Shopping Centre, part of the Pareto Group, has been awarded a 4 -star Green Star Retail Design rating by the Green Building Council of... 

Chaarat plans to lead consolidation in CIS region

By: Mariaan Webb     11th June 2018 London-listed Chaarat Gold’s offer to take over Kyrgyzstan’s largest gold mine, Kumtor, is only “one of a number of potential deals” that the company is considering in former Soviet Union countries, chairperson Martin Andersson said on Monday, reaffirming the junior’s strategy of selective... 

South Australian miners to buy electricity in bulk to cut power bill

By: Esmarie Swanepoel     11th June 2018 A consortium of South Australian mining companies have awarded an eight-year supply contract to a renewable energy retailer, as part of their joint efforts to cut energy costs. The South Australian Chamber of Mines and Energy (Sacome) in 2016 masterminded the consortium in the face of soaring... 

The Application Of Improved Sensing Technologies To Protect Product Quality In Polyethylene

8th June 2018 Polyethylene are thermoplastic resins obtained by polymerizing the gas ethylene [C2H4]. Because of its exceptional application flexibility, polyethylene’s rise in popularity for both consumer and industrial uses means that today it is the largest volume plastic in the world. Low density... 

VSD compressor saves up to 28% energy cost

By: Donald Makhafola     8th June 2018 Owing to its unlimited starts per hour without a decrease in motor life, the variable-speed drive (VSD) compressors of compressor supplier Tru Compressor have been designed to save up to 28% on energy costs in their motor life span. “In a conventional air-compressor, starting up the drive motor... 

Eco Aire delivers tailored ecofriendly HVAC solutions

8th June 2018 Air conditioning supplier Eco Aire distributes ecofriendly solutions that limit the release of harmful gases into the atmosphere, and use and reuse energy responsibly in heating, ventilation and air conditioning. Eco Aire designs and manufactures residential, commercial and industrial air... 

De Beers concludes R600m transport empowerment deal at Venetia diamond mine 

By: Martin Creamer     8th June 2018 Diamond-mining company De Beers Consolidated Mines (DBCM) has concluded the process of selecting six local black economic empowerment (BEE) partners as part of an impressive R600-million-to-R700-million, eight-year transport empowerment initiative at the Venetia diamond mine in South Africa’s... 

No let up on calls for flow-through model to boost exploration

By: Martin Creamer     7th June 2018 The failure to raise risk capital for greenfields exploration in South Africa was highlighted at this week’s Junior Indaba, where there was no let up on calls for the adoption of a proven Canada-type flow-through share scheme, and ongoing criticism of the unintended consequences of South Africa’s... 

Angola to change diamond sector to attract investment – Lourenço

By: Reuters     6th June 2018 Angola will make changes to how its secretive diamond industry works in order to attract more investment, increase production and secure higher government revenue, President João Lourenço said on a visit to Antwerp, Belgium. Africa's second-largest crude producer is trying to open up and... 

Shelby SA opens orders for Shelby F-150, to overwhelming response

By: Irma Venter     5th June 2018 South Africans do love their bakkies – and the bigger the better, it seems. “We are delighted to confirm that the order book is open for a limited number of 565 kW Shelby F-150 bakkies to satisfy the ultimate needs of South African bakkie owners,” Shelby South Africa (SA) CEO Peter Lindenberg... 

Arc Minerals lifts Zamsort stake to 55%

By: Simone Liedtke     5th June 2018 Aim-listed Arc Minerals has increased its interest in Zamsort, which is developing a copper/cobalt project in north-west Zambia, to 55% following the acquisition of a 6% interest from Terra Metals. The company will issue 17.5-million new ordinary shares, which are also subject to a hard lock-in... 

Worldwide Orders Make For Bullish Mood

4th June 2018 Condra has received an order for a further overhead crane from Kamoto Copper Company, the copper and cobalt mine in the south of the Democratic Republic of Congo. It is the eighth machine to be ordered by Kamoto Copper from Johannesburg-headquartered Condra in just over a year and, like its... 

The ‘new Ice Age’: Cost-effective, water-saving industrial surface cleaning with first-of-its-kind wet ice blaster from NitraLife and partner Boland Ice

4th June 2018 For decades in industry, the cleaning of rust, dirt, old paint and various contaminants off surfaces has frequently presented a major challenge. Cleaning of this type has previously been done manually; or via processes such as sand- or shot-blasting or with the use of high-pressure water jetting... 

Alkane updates Dubbo business case

By: Mariaan Webb     4th June 2018 Multi-commodity miner and explorer Alkane Resources has completed the engineering and financial review of its zirconium, niobium, hafnium and rare earth project near Dubbo, in New South Wales, which confirmed that the project is technically sound and financially viable, generating a potential... 

OMRON Introduced Four Series of Condition Monitoring Devices

By: Creamer Media Reporter      2nd June 2018 OMRON Corporation have introduced on February 1, 2018, four series of condition monitoring devices to monitor operational status in manufacturing sites for workers. Motor Condition Monitoring Devices that predict a failure of 3-phase induction motors. Power Supplies with Network that can predict... 

Southern has copper giants in the crosshairs with Peru expansion

By: Bloomberg     1st June 2018 Southern Copper is preparing to scale the ranking of global producers by spending more than $10-billion in Peru and Mexico, taking advantage of rising prices underpinned by years of industry belt-tightening. The fifth-largest copper producer hopes to start work on its Tia Maria project in Peru... 

Frydenberg promises more scrutiny as study shows Hunter coal mines threaten groundwater

By: Esmarie Swanepoel     1st June 2018 Federal Environment and Energy Minister Josh Frydenberg on Friday said that any new coal mining operation in the Hunter region of New South Wales would be subject to a review of their impact on groundwater resources, before they would be approved. This comes after the government released new... 

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