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Orders Roll In For Tough, Reliable Osborn Apron Feeders From As Far Afield As Spain

     Updated 3 hours ago South African manufacturer Osborn has recently netted orders for 13 apron feeders, reflecting the burgeoning demand for these robust, hard-working machines at mines around Africa and as far afield as Spain. Osborn’s healthy apron feeder order book includes exports to Ghana, the Democratic... 

African projects require integrated delivery models

By: Nadine James     23rd February 2018 The integrated delivery model is the best means of realising complex, multidisciplinary projects in Africa timeously, says AECOM Civil infrastructure MD Darrin Green. This is primarily because the market in Africa is less mature and project developers frequently have to deal with challenges when... 

Zimbabwe’s Agoa eligibility up for review this year

By: Terence Creamer     23rd February 2018 The US government will consider Zimbabwe’s eligibility for the trade benefits it extends under the Africa Growth and Opportunity Act (Agoa) during 2018, the State Department’s acting director for economic and regional affairs Harry Sullivan said during a recent telephonic briefing of Africa... 

Newmont beats Q4 earnings forecast; output on par with largest gold producer Barrick

By: Henry Lazenby     22nd February 2018 US gold miner Newmont Mining has reported market-beating earnings for the three months ended December 31, and reported production that is on par with that of leading gold producer Barrick Gold. The Denver, Colorado-based miner reported headline earnings for the fourth quarter of $216-million, or... 

Resolute’s $38m net profit in line with expectations

By: Nadine James     22nd February 2018 Australia-based gold miner Resolute Mining has posted a 40% fall in first-half net profit of A$38-million, which CEO John Welborn said on Thursday was in line with expectations as the company remained in an investment phase. Revenue for the six-month period ended December 2017 was A$203-million,... 

South Africa retains dubious corruption rating

By: News24Wire      22nd February 2018 Corruption Watch has expressed concern over South Africa dropping down the rankings of the latest Corruption Perceptions Index (CPI) released by Transparency International. Corruption Watch's Phemelo Khaas said South Africa's score dropped from 45 in 2017 to 43 this year, and although it seems "a... 

Latest acquisition extends Concord Cranes’ reach in Namibia

     21st February 2018 Concord Namibia, which forms part of the Concord Cranes Group, has expanded its geographical reach in Namibia through the strategic acquisition of a Walvis Bay-based company. Concord Cranes recently acquired Walvis Bay-based plant hire company Rent-A-Plant Namibia, a Namibian based-and-run... 

Perseus reports improved financial results

By: Creamer Media Reporter      21st February 2018 West Africa-focused gold miner Perseus Mining has made an operational turnaround, which is reflected in the company’s interim financial performance. Although posting a net loss of $11.5-million, or 1.18c a share, for the December 2017 half year, Perseus reported significantly improved earnings... 

South Africa falls to small percentage of AngloGold output 

By: Martin Creamer     20th February 2018 South African gold mines now represent around 13% of the AngloGold Ashanti portfolio, AngloGold Ashanti CEO Srinivasan Venkatakrishnan (Venkat) said on Tuesday. The fall in the contribution from AngloGold's South Africa region mines follows the sale of Moab and Kopanang and the closure of the Tau... 

Nuclear energy future imminent, despite delays in updated IRP

By: Simone Liedtke     16th February 2018 South Africa-based engineering, procurement and construction (EPC) company Lesedi Nuclear Services (Lesedi) business development executive Shane Pereira believes that there is a future for nuclear power globally, although it is being hindered locally by the delay in passing the updated Integrated... 

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... 

Gold Fields pays dividend on net loss, flat production, two fatalities

By: Martin Creamer     14th February 2018 Gold mining company Gold Fields on Wednesday announced a final dividend on a net loss and flat production, impacted by two fatalities. As per its trading statement released on February 8, headline earnings for 2017 were $194-million, or $0.24 a share, and net loss for the year was $35-million, or... 

America to consider Zimbabwe’s eligibility for Agoa this year

By: Terence Creamer     13th February 2018 The US government will consider Zimbabwe’s eligibility for the trade benefits it extends under the Africa Growth and Opportunity Act (Agoa) during 2018, the State Department’s acting director for economic and regional affairs Harry Sullivan said during a telephonic briefing on Tuesday. Since Agoa... 

Online-Electrical, EM partnership is a ‘win-win’ for customers

     8th February 2018 Electrical supply company Online-Electrical is a proud distributor of the comprehensive product range of ElectroMechanica (EM), which comprises high-end industrial electrical products, motor control switchgear, and electronic automation products. Online-Electrical MD Joey Gaskell comments that... 

South African professor receives prestigious award

By: Megan van Wyngaardt     8th February 2018 University of South Africa (Unisa) Unesco-Unisa chair in nanosciences and nanotechnology Professor Malik Maaza has been awarded the African Union (AU) Kwame Nkrumah Award for Scientific Excellence (Auknase), recognising his pioneering work in science and technology. The award is the AU's the... 

2018 presents best prospects in a decade for African mining – Standard Bank

By: Anine Kilian     6th February 2018 Sustained commodity price growth and reduced costs are likely to present Africa’s mining sector with the best prospects in over a decade. “The centrality of mining to the development of the continent means that 2018 is likely to be a watershed year in Africa’s ongoing growth story,” Standard Bank... 

Paragon clinches three major accolades at SAPSA Awards 2018

     6th February 2018 Paragon won Architecture Firm of the Year and Best Overall Professional Services Firm of the Year, while Founding Director Henning Rasmuss was crowned Architecture Professional of the Year, at the South African Professional Services (SAPSA) Awards 2018, sponsored by Sanlam, at a gala dinner at... 

AfDB boosts ALBC Fund books with R140m loan

By: Megan van Wyngaardt     5th February 2018 To further enhance the African Local Currency Bond Fund (ALCB Fund) portfolio and promote the development of domestic capital markets across the continent, the African Development Bank (AfDB) has approved a loan of R140-million. The senior loan, with a seven-year tenor including a two-year grace... 

Zest WEG Group 

     5th February 2018 The Zest WEG Group has a strong commitment to contributing to the development of the African region, and has been servicing the mining sector on the continent for more than 35 years.  

Prestea starts to commercial production – Golden Star

By: Henry Lazenby     2nd February 2018 Africa-focused miner Golden Star Resources has achieved commercial production at its Prestea Underground gold mine, in Ghana, the company announced on Thursday. Project construction of Prestea Underground, including the installation of all ancillary infrastructure, is complete, with gold... 

Perseus delivers highest production since 2012

By: Megan van Wyngaardt     30th January 2018 Delivering its fourth consecutive quarter of strong operating performance across all parts of its business, ASX-listed Perseus Mining on Tuesday reported 2017 calendar year gold production of 208 226 oz, the highest since commercial production started in 2012. This was supported by its... 

Goldplat keeps focus on expansion of recovery operations

By: Creamer Media Reporter      30th January 2018 Despite achieving lower output at its gold recovery operations in the second quarter of the current financial year, gold producer Goldplat says it is making progress at these operations, where the focus remains on expanding operational capacity and sourcing new material for processing. The... 

Perseus pours gold at Côte d'Ivoire mine ahead of schedule

By: Megan van Wyngaardt     29th January 2018 Dual-listed Perseus Mining has achieved its first gold our at its Sissingué operation, in Côte d'Ivoire, one month ahead of schedule. The company said on Monday the ramp-up to full scale commercial production at Sissingué was progressing as planned and that it was expected to be achieved on or... 

PDAC 2018 Awards Honour Industry Leaders

     29th January 2018 The Prospectors & Developers Association of Canada (PDAC) is pleased to announce award recipients in seven categories for 2018. These top international and domestic performers will be honoured with a prestigious award in recognition of their excellence. The annual PDAC Awards – now in its 40th... 

Ghana’s President will attend WAMPEX 2018 to celebrate Chamber of Mines’ birthday

     29th January 2018 The President who has pledged an end to mining which destroys the environment will be special guest of honour at West Africa’s premier mining expo in Accra on May 30 His Excellency the President of the Republic of Ghana will be the Special Guest of Honour at West Africa’s premier mining and power... 

Junior projects lighting bright path into Africa for ‘search and solve’ group

By: Martin Creamer     26th January 2018 Motor and controls manufacturer Zest WEG Group, which designs, manufactures, markets and installs electrical products and solutions across the full electrical spectrum, is achieving great success with its new specially crafted ‘pavement pounding, search and solve’ business model that ensures... 

Digital transformation in sight

By: Donald Makhafola     26th January 2018 Airports Company South Africa (ACSA) has decided to transform from being an airport business that operates technology to a digital business that manages airports. ACSA CEO Bongani Maseko says the implementation of the five-year digital strategy began in 2016 and the company has already piloted... 

Investments accumulated to catalyse off-grid energy development

By: Dylan Slater     26th January 2018 Multilateral development bank African Development Bank’s (AfDB’s) board approved a $30-million investment in the Facility for Energy Inclusion Off-Grid Energy Access Fund (FEI OGEF) last month.  

New optimism in the mining sector sees leading suppliers sign up for West Africa’s premier expo

     25th January 2018 WAMPEX will be a key focus in 2018 for mining growth across the region following renewed commitment from governments and increasing levels of investment Top suppliers have already signed up to be part of next year’s premier mining expo for West Africa, WAMPEX 2018, which is celebrating its 24th... 

Artisanal, small-scale mining explodes amid rising prices

By: Natasha Odendaal     22nd January 2018 A new report has revealed explosive growth in the number of artisanal and small-scale miners worldwide over the past two decades amid rising mineral prices and a general struggle in earning a living from agriculture. The Intergovernmental Forum (IGF) on Mining, Minerals, Metals and Sustainable... 

GoldStone investigates potential to restart Ghana underground mine

By: Megan van Wyngaardt     19th January 2018 Africa-focused miner GoldStone Resources has initiated a project to potentially revitalise the old Akrokeri underground mine, in Ghana. The mine is situated within the Akrokeri prospecting licence, about 1.5 km south of the proposed AK01 South pits. 

Asanko achieves solid quarter at Ghana mine

By: Megan van Wyngaardt     19th January 2018 A solid quarterly performance was recorded at NYSE-listed Asanko Gold’s eponymous mine in Ghana, which produced 51 550 oz in the fourth quarter of 2017. Asanko CEO Peter Breese on Thursday noted that this helped the company achieve its revised 2017 guidance, with full-year production of 205 047 oz. 

Regulatory uncertainty casting shadow over South Africa amid forecast for further minerals market uptick

By: Mia Breytenbach     19th January 2018 The South African mining industry has had a tumultuous time because of the controversial Reviewed Draft Broad-Based Black Economic Empowerment Charter for the South African Mining and Minerals Industry, also known as Mining Charter III, which, amid lingering political uncertainty, led to low... 

UK reaffirms commitment to promote trade and investment with Africa

By: Keith Campbell     19th January 2018 The British government has again given the assurance that it desires a mutually beneficial and thriving trade relationship between the UK and Africa once the country has left the European Union (EU). This was affirmed by Trade Policy Minister (equivalent to Deputy Minister in South Africa) Greg... 

West African gold explorer lists in Australia

By: Mia Breytenbach     18th January 2018 West African gold developer and explorer Tietto Minerals started trading on the ASX on Thursday, following its successful initial public offer (IPO) that raised A$6-million from institutional and high net worth investors, including two global resources funds. The company issued 30-million shares... 

IronRidge expands Ghana lithium prospects

By: Anine Kilian     17th January 2018 Aim-listed IronRidge Resources has further expanded its lithium interests in Ghana, with the acquisition of a highly prospective pegmatite tenure adjacent to its Ewoyaa prospect. The company entered conditional and binding terms with wholly owned Ghanaian company Joy Transporters, providing... 

Paragon sees in 2018 with major new projects across Africa

     16th January 2018 Paragon has confirmed its standing as a leading architecture, interior design, and space-planning practice with the completion of several major projects in 2017. “These were long in the making and large in scale, and have once more provided a new perspective on our capability,” according to... 

Goldplat extends option period for Ashanti to acquire stake in Anumso project

By: Anine Kilian     16th January 2018 Aim-listed Goldplat has agreed to extend the option period within which TSX-V-listed Ashanti Gold can acquire 75% of Goldplat’s interest in the Ghana-based Anumso gold project. Ashanti has the right to earn up to 75% of Goldplat's interest in Anumso by spending $3-million on exploration work.... 

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