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Gold less prone to turmoil as ETF cash eases price swings

By: Bloomberg     9th May 2017 In times of trouble, gold has long been a popular haven for investors expecting that more volatility will increase the value of the commodity. But lately, it’s taking more than threats of war or terrorist attacks to get much of a reaction from the bullion market. Price swings for the precious... 

Surging copper stockpiles point to concerns over global demand

By: Bloomberg     5th May 2017 Another surge in copper stockpiles tracked by the world’s top base-metals bourse is reigniting concerns about demand for the material that’s often viewed by investors as a bellwether for the global economy. A 40% jump in inventories monitored by the London Metal Exchange in just three days comes... 

Russian mining tycoons eyeing return to London's stock market

By: Bloomberg     26th April 2017 For three years, Russian companies retreated from the London stock market. Now, a pair of oil and mining-billionaires is hoping to break the drought. En+ Group, owned by aluminium magnate Oleg Deripaska, and Polyus PJSC, a gold producer controlled by the family of Suleiman Kerimov, are planning... 

Frankfurt Airport seeks to increase its business with South Africa

By: Keith Campbell     10th March 2017 Germany’s number one international airport, Frankfurt, is seeking to increase its two-way air cargo trade with South Africa. This was highlighted at a media briefing at the recent 2017 Air Cargo Africa conference in Kempton Park, east of Johannesburg, by Fraport AG’s executive board member and... 

Frankfurt Airport aims to increase its business with South Africa

By: Keith Campbell     23rd February 2017 Germany’s number one international airport, Frankfurt, is seeking to increase its two-way air cargo trade with South Africa. This was highlighted at a media briefing at the 2017 Air Cargo Africa conference in Kempton Park, east of Johannesburg, by Fraport AG chief operating officer Anke Giesen.... 

Yellen can't halt Trump gold rally that funds bet against

By: Bloomberg     20th February 2017 They should’ve had more faith. Hedge funds reduced their wagers on a bullion rally for the first time in three weeks, just before prices neared a two-month high and capped a third straight week of gains. Not even Federal Reserve Chair Janet Yellen’s outlook for higher US interest rates has been... 

ETF buyers return to precious metals as Trump turmoil sows angst

By: Bloomberg     31st January 2017 Add the flap over US immigration policy to investor concerns that are reigniting demand for precious metals as havens. Long-only exchange-traded funds backed by precious metals have attracted about $200-million this month, on course for the first monthly inflow since October, data compiled by... 

Lufthansa's year-round Frankfurt-Cape Town route launched

By: Anine Kilian     2nd December 2016 International airline Lufthansa’s new direct year-round flight between Frankfurt and Cape Town is scheduled to arrive in Cape Town on Saturday morning. Passengers on this flight will enjoy a newly retrofitted Airbus A340-300, which boasts 279 seats and offers the airline’s new intercontinental... 

Concept Laser will be showing innovation on all levels at formnext powered by TCT

     29th August 2016 Sales launch of the new machine architecture Innovations in the small and large machine segment Expansion of the range of materials announced The AM scene awaits the second edition of formnext powered by TCT in Frankfurt a. Main (November 15-18, 2016) with great excitement. It is already... 

Cape Town on track to be the start-up capital of Africa, says Wesgro

By: Kim Cloete     18th August 2016 Cape Town is pushing beyond its tourist image with a drive to be seen as the start-up capital in Africa. “We’re incredibly excited about Cape Town becoming a destination for young people around the world. Cape Town has become Africa’s largest start-up scene,” Wesgro CEO Tim Harris told delegates... 

LSE says Brexit may erode trading volume

By: Bloomberg     4th August 2016 LSE Group said the UK’s decision to leave the European Union may eventually damage investor confidence and weigh on trading. “There is a broad range of possible outcomes resulting from this vote which has created uncertainty in the markets,” LSE said Thursday in a statement while reporting a gain... 

Wallbridge reports 26% resource increase at Fenelon acquisition

By: Henry Lazenby     15th July 2016 Explorer Wallbridge Mining has received an updated mineral resource estimate outlining a 26% increase in the contained ounces in the Discovery Zone on the Fenelon property, in Quebec, which Wallbridge is in the process of acquiring from Balmoral Resources for C$3.6-million. TSX- and... 

Rotary vane reduces energy consumption

     8th July 2016 Vacuum pumps, blowers and compressors manufacturer Busch Vacuum Pumps and Systems presented its new series of energy saving rotary vane vacuum pumps, for the first time at the IFFA exhibition in Frankfurt, Germany in May. The new pumps are designed specifically for fast packaging cycles and for... 

Coal woes don’t deter German bet on first Polish mine since ’70s

By: Bloomberg     5th July 2016 A German coal trader is unfazed by decade-low coal prices that pushed producers into bankruptcy as it seeks to open Poland’s first mine in four decades. HMS Bergbau AG plans to invest more than 100-million euros ($111-million) to begin output from a mine in southern Poland by 2018, Dennis... 

Gold rises most since 2008 crisis as investors seek Brexit haven

By: Bloomberg     25th June 2016 Gold surged the most since the height of the 2008 global financial crisis after the UK voted to exit the European Union, causing turmoil across markets and boosting haven demand. Bullion jumped as much as 8.1% and futures trading volume was double the average for this time of day. As the pound... 

Gold sees biggest gain since 2008 in rush for havens from Brexit

By: Bloomberg     24th June 2016 Gold rallied the most since the global financial meltdown of 2008 after the UK voted to leave the European Union, sending markets into a tailspin and investors piling into haven assets. Bullion for immediate delivery jumped as much as 8.1%, the most since 2008, and traded at $1 322.88 an ounce as... 

Gold pinned to Brexit angst as traders see $1 350 if leave wins

By: Bloomberg     16th June 2016 Polls show Britons will vote next week to exit the European Union, and that has gold traders betting the precious metal will be a lot more valuable. Prices will rally to the highest in two years if the so-called Brexit campaign succeeds on June 23, reaching $1 350/oz within a week of the vote –... 

Trans-European Transport Network project, European Union

By: Sheila Barradas     1st April 2016 The project will remove bottlenecks, upgrade infrastructure and streamline crossborder transport operations for passengers and businesses throughout the European Union. 

Fission closes strategic C$82m investment by China’s CGN Mining

By: Henry Lazenby     26th January 2016 Canadian explorer Fission Uranium has closed a strategic C$82.22-million financing with Chinese investor CGN Mining, marking the first time a Chinese company has invested directly in a Canadian uranium company. TSX- and Frankfurt-listed Fission had issued 96.7-million shares to CGN at C$0.85 apiece. 

Permasteelisa Supports Foster & Partners In The Exhibition “Architecture, Urbanism, Innovation” In Tokyo

     19th January 2016 The exhibition will be open at the Mori Art Museum in Tokyo until 14th February 2016, with a showcase of more than 50 projects completed by the architecture firm over the years. The large-scale exhibition “Architecture, Urbanism, Innovation”, currently running in Japan at the Mori Art Museum in... 

Access to global cloud providers available at Teraco through Internet Solutions’ CloudConnect

     24th November 2015 Internet Solutions, a pan-African communications service provider, has connected at Teraco, a vendor neutral data centre provider in South Africa, enabling clients to have a secure connection and single point of access to Google, Amazon Web Services, Dimension Data Cloud and Microsoft Azure and... 

Hydra-Arc

     27th October 2015 Hydra-Arc, initially established in 1987 to source and supply welding and maintenance skills for Sasol shutdowns, has now established Sky-Hill Heavy Engineering, a facility for the fabrication of pressure vessels, heat exchangers, piping spools, structural steel and mechanical installations. SA... 

South Africa to remain integral to BMW’s global production network

By: Irma Venter     2nd October 2015 German premium automaker BMW earlier this month confirmed that it was well advanced in its planning for the production of a new model at its South African plant, set to kick off when the current 3 Series reached the end of its lifecycle. BMW was steadily “progressing to an announcement”, said BMW... 

BMW in planning phase for new model at Rosslyn plant

By: Irma Venter     16th September 2015 German premium automaker BMW this week confirmed that it was well advanced in its planning for the production of a new model at its South African plant, set to kick off when the current 3 Series reached the end of its life cycle. BMW was steadily “progressing to an announcement”, said BMW sales... 

SA fabrication specialist looks to the global market

     8th September 2015 Hydra-Arc, initially established in 1987 to source and supply welding and maintenance skills for Sasol shutdowns, has now established Sky-Hill Heavy Engineering, a facility for the fabrication of pressure vessels, heat exchangers, piping spools, structural steel and mechanical installations.... 

Japan Eyes Africa as the New Investment Frontier, says Frost & Sullivan

     27th August 2015 Convergence across industries is resulting in the rapid emergence of new business models as well as substantial investment opportunities for the African continent. As Frost & Sullivan Senior Partner, Dorman Followwill, highlighted in his opening presentation at the Growth Innovation Leadership... 

Iata highlights aviation opportunities for Namibia

By: Keith Campbell     24th July 2015 Namibia would see significant economic benefits if the country, along with some other African states, implemented the Yamoussoukro Decision on liberalising intra-African air transport. So concludes a report by independent economics consultancy InterVISTAS, commissioned by the International Air... 

Expos showcase vacuum solutions for food industry

     10th July 2015 Germany-based vacuum systems manufacturer Oerlikon Leybold Vacuum has exhibited its energy efficient food-processing vacuum solutions at four renowned exhibitions across Europe. In March, the company attended the CFIA Rennes Expo, in France, as well as the Anuga FoodTec trade fair, in Germany. 

Aerotropolis master plan ‘approval and adoption’ process to be finalised this month

By: Irma Venter     3rd July 2015 The 25-year master plan for Gauteng’s Aerotropolis project will go through a process of approval and adoption during June and July, says Aerotroplis project manager Jack van der Merwe. “We are also in the process of putting together a special purpose vehicle (SPV) to run the project,” he adds. 

Airbus seeks appropriate technologies to improve production efficiency

By: Keith Campbell     26th June 2015 Major global aircraft manufacturer Airbus Commercial Aircraft is maintaining a steady course. "I don't have any big news, good or bad," company President and CEO Fabrice Brégier told international aviation journalists in Toulouse, France, at the company’s recent Innovation Day media briefings.... 

Aerotropolis master plan set for approval during June/July

By: Irma Venter     10th June 2015 The 25-year master plan for Gauteng’s Aerotropolis project will go through a process of approval and adoption during June and July, says Aerotroplis project manager Jack van der Merwe. “We are also in the process of putting together a special purpose vehicle (SPV) to run the project,” he adds. 

Airbus' latest design, the A350, going well

By: Keith Campbell     29th May 2015 The latest product of global major airliner manufacturer Airbus, the A350-900, is now in production ramp up phase, following its entry into service last year with launch customer Qatar Airways. And the company is now preparing for the introduction of the next version of the aircraft, the... 

Inca One sees new listings as 'logical step' to expand South American presence

By: Henry Lazenby     27th May 2015 Canadian mineral processing firm Inca One has started trading on the Santiago Stock Exchange, Venture (SSEV) market, giving it access to the Latin American Integrated Market (MILA), Latin America’s largest stock-trading platform. “Listing on the SSEV and giving Inca One access to the MILA is a... 

Greenland Minerals & Energy reports compelling Kvanefjeld feasibility metrics

By: Henry Lazenby     25th May 2015 A feasibility study on Australian explorer Greenland Minerals & Energy’s (GMEL’s) Kvanefjeld multi-element project has revealed compelling metrics, delivering a similar net present value (NPV) to a previous study despite increased capital costs. The ASX- and Frankfurt-listed explorer on Monday... 

Renewed uranium market interest piques curiosity in Norasa

By: Henry Lazenby     12th May 2015 The relatively positive trend in uranium spot prices since the start of the year has resulted in somewhat renewed interest in the sector’s undeveloped projects. Following a week of intensive meetings with institutional investors in Toronto, the mining finance capital of the world, director and... 

Deeper fiscal integration key to Eurozone bounce back

By: Natasha Odendaal     10th April 2015 Deeper integration in the areas of public finances, the banking system and capital markets within the volatile Eurozone could go a long way in enhancing the stability of the monetary union, Deutsche Bundesbank executive Dr Andreas Dombret said on Friday. While a European fiscal union was... 

Aquila Resources closes $20.75m financing

By: Henry Lazenby     1st April 2015 TSX- and Frankfurt-listed Aquila Resources has closed a private placement and a silver purchase agreement for total funding of $20.75-million with Orion Mine Finance. The development-stage company, which was focused on developing the 100%-owned Back Forty gold/zinc project, in Michigan's Upper... 

Forsys stock rallies on ‘robust’ feasibility study for ‘construction ready’ Namibia project

By: Henry Lazenby     18th March 2015 Namibia-focused uranium project developer Forsys Metals has reported a 14.8% rise in reserves, higher yearly and life-of-mine output and lower operating costs for its Norasa uranium project, in the Erongo region, following the completion of a feasibility study (FS). Norasa comprises the Valencia... 

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