R/€ = 14.90 Change: 0.05
R/$ = 12.17 Change: 0.06
Au 1331.72 $/oz Change: -4.73
Pt 1012.50 $/oz Change: -0.51


A new era of batteries spells trouble for gas in America

By: Bloomberg     12th January 2018 California, the state that helped birth the global boom in battery-toting electric vehicles, is trying to spark a similar transformation for utilities. And that spells trouble for power plants all across the U.S. that run on natural gas. The California Public Utilities Commission approved an... 

Second SA Hippo Flameproof Submersible Slurry Pump Goes To Houston.

     9th January 2018 The HIPPO flameproof submersible slurry pump range manufactured inSouthAfrica with a 98% local content has been exported to Canada since 2003. The specific controls that have been build into the pump has resulted in the HIPPO flameproof submersible slurry pump being regarded as the world’s safest... 

SA Hippo Flameproof Submersible Slurry Pump Goes To Houston.

     1st November 2017 TARGA RESOURCES, with its headquarters in Houston, Texas, is a leading provider of midstream services in North America and is primarily engaged in the business of gathering, compressing, treating, processing gas, crude oil and the selling of refined petroleum products. At the TARGA RESOURCES’... 

Rockwell Automation Demonstrates Commitment to Houston

     16th October 2017 Weeks after the devastation from Hurricane Harvey and Irma, leaders at Rockwell Automation are confidently moving forward with plans to host the annual Automation Fair event in Houston. “Our hearts go out to the greater Houston community and all who have been affected by the recent hurricanes,”... 

Company expands into the US

     15th September 2017 This year, rope and lifting technology specialist The PFEIFER Group’s opened another branch office in the US, in Houston, Texas, which will see the rope and lifting technology specialist continue to grow its business in conjunction with the group’s other US existing branch, which was launched in... 

US braces for Hurricane Irma as effects of Harvey still progress toward consumers

By: Henry Lazenby     9th September 2017 While the effects of Hurricane Harvey are still progressing downstream in the US oil and gas supply chain, progressing towards consumers, Hurricane Irma is threatening the US with another potential blow, with parts of the country already seeing a disruption of energy and chemical product... 

Gold extends rally to 2017 high as North Korea test adds to angst

By: Bloomberg     29th August 2017 Gold rose to the highest this year after North Korea fired a ballistic missile over Japan, boosting haven demand and extending a rally fuelled by declines in the dollar. An index of precious-metals mining stocks touched a four-month high. The greenback fell for a third day to its lowest since... 

Gold closes above $1 300 for first time this year on dollar, Fed

By: Bloomberg     29th August 2017 Gold futures closed above $1 300/oz for the first time since November as the dollar dropped and speculation mounted that policy makers will be slow to raise US interest rates. Futures for delivery in December rose 1.3% to settle at $1 315.30 at 1:42 pm on the Comex in New York. The Bloomberg... 

Albemarle drops most on S&P 500 as cost of finding lithium rises

By: Bloomberg     9th August 2017 Albemarle Corp plunged the most in 18 months as the world’s largest lithium producer forecast disappointing earnings amid rising exploration costs and lower prices for the mineral used in electric-vehicle batteries. Lithium profit the rest of this year will probably decline from the record level... 

New model for estimating risk proves effective in case studies

     21st July 2017 Massachusetts-based business school MIT Sloan School of Management have presented new research about a new model that estimates risks and extends gate review analysis beyond “go” and “no go” options. “Today, most technical development projects go through a phase-gate process, with each gate... 

Grand Parkway toll road expansion project, US

By: Sheila Barradas     16th June 2017 The project involves the design and construction of segments H and I of the State Highway 99 ring road, also known as the Grand Parkway. 

Expo creates new opportunities for young scientists

     19th May 2017 Earlier this month, three learners departed to participate in the International Sustainable World Energy, Engineering, and Environment Project Olympiad (I-SWEEEP) in Houston, US. The three learners did exceptionally well in the Eskom Expo for Young Scientists International Finals in October last... 

Houston schools project, US

By: Sheila Barradas     12th May 2017 The project entails the construction of two schools in Houston, Texas. 

Arconic opens door to Elliott deal with offer of two board seats

By: Bloomberg     25th April 2017 Arconic broached a potential compromise in a bruising proxy battle with Elliott Management, saying it would be willing to hand over two of the four board seats sought by billionaire Paul Singer’s New York hedge fund. The Arconic board will “promptly appoint” two of Elliott’s candidates if they... 

World's nutrient-poor farms get a vitamin boost from zinc mines

By: Bloomberg     18th April 2017 Injecting an industrial metal back into the ground could prove a boon for farmers and miners alike. The metal is zinc. Used mostly to reduce corrosion in iron and steel, zinc also is needed in trace amounts to keep humans and plants healthy. Without it in their diets, people are prone to... 

Singer's BHP gambit shines light on little-known oil giant

By: Bloomberg     11th April 2017 The usual suspects have planted their flags along the dusty byways of the Permian Basin, declaring where they’ve staked claims. There are names like Royal Dutch Shell, Anadarko Petroleum, Pioneer Natural Resources. And, on signs fronting a barbed-wire fence, BHP Billiton. For the world’s largest... 

How can outsourcing your mining company’s FIFO travel requirements increase efficiencies?

     6th April 2017 By Lucy Donald, Director and Head of Mining Division at WRS – Worldwide Recruitment Solutions The process of managing FIFO rosters is something which gives a lot of our clients a real headache, with limited automation the process is ripe for mistakes and places a real burden on internal processes... 

I-45 highway expansion project, US

By: Sheila Barradas     10th March 2017 The project involves the widening of the I-45 highway in Texas. 

Trump’s latest executive orders may be burdensome for oil

By: Bloomberg     1st February 2017 Oil-services giant Halliburton told employees to stay put. An oil trade group is concerned by the proposed border tax. Another global oil company is reconsidering whether to place a crude trader in Houston. And universities that train energy workers across the country estimated that hundreds of... 

EnerMech Acquires Electrical & Instrumentation Specialist In Largest Deal To Date

     18th January 2017 Engineering services specialist EnerMech has made its first entry in to the electrical and instrumentation (E&I) sector with the acquisition of EPS Group in Australia and the Americas. EPS Group employs 250 staff in Sydney, Melbourne, Brisbane, Darwin, Houston and Louisiana, and has annual... 

New Year heralds several senior management employments

By: Henry Lazenby     4th January 2017 Early 2017 corporate activity saw a slew of senior management appointments being made by miners. TSX- and NYSE-listed Tahoe Resources has appointed former Goldcorp president and CEO Chuck Jeannes to the board effective January 1. 

Sasol wins tax award in Mozambique

     21st October 2016 Oil and gas company Sasol Petroleum Temane was this year named the best income tax payer for 2015 in the large companies section by Mozambique Revenue Authority. 

Ocean Resources in hot pursuit of REE, scandium-enriched deepsea muds

By: Henry Lazenby     5th October 2016 An experienced exploration team is keen to get equipment back out on the water and into the deep sea floor about 5 km below the ocean surface in the offshore Cook Islands exclusive economic zone, to look for rare earth elements (REEs) and scandium. Headed by marine mining veteran Ron Rose, who... 

New explorer Ocean Minerals to look offshore Cook Islands for REEs

By: Henry Lazenby     29th September 2016 Recently formed US-based exploration company Ocean Minerals is heading to the exclusive economic zone of the Cook Islands, in the Southern Pacific, to look for rare earth elements (REEs) and scandium on the deep ocean floor. The Houston, Texas-based company on Wednesday joined the likes of... 

High-tech ‘cyber’ drill rig makes presence felt in Mozambique bush

By: Terence Creamer     5th September 2016 In stark contrast to its rugged surroundings in the Temane bush and not far from the picturesque Mozambican coastal town of Vilanculos, one of the highest-technology drill rigs yet to be deployed in Africa rises out of the orange-brown earth and towers over the surrounding bush. The rig – known... 

Trudeau faces split Aboriginal groups in Kinder Morgan ruling 

By: Bloomberg     24th August 2016 In the rolling country of central British Columbia, Michael LeBourdais’s Whispering Pines Indian Band is looking forward to a cash injection from a new pipeline proposed by Kinder Morgan Energy Partners LP. He’ll be seeking compensation for his band if it doesn’t go through. Meanwhile, 400 km... 

Caterpillar to cut nearly 200 jobs as it seeks alternatives for certain underground products

By: Henry Lazenby     19th August 2016 In dealing with the longest down cycle in its 90-year history, US mining equipment manufacturer Caterpillar is pursuing strategic alternatives for its room-and-pillar products and discontinuing the manufacture of track drills. The Peoria, Illinois-based company said Thursday it would forthwith... 

One nook of America’s shale industry is eyeing a big comeback

By: Bloomberg     4th August 2016 Amid the gloom and doom that’s set in all along America’s shale fields these past two years, there has been one small, but consistent, bright spot. Sand, it turns out, is a much greater tool in hydraulic fracking than drillers had understood it to be. Time and again, they’ve found that the more... 

Supercomputers deliver $500m savings in BHP hunt for oil

By: Bloomberg     29th July 2016 Supercomputers that create 3-D seismic maps of BHP Billiton’s oil and gas assets are accelerating work to bring new fields into production and have already notched savings of $500-million in development costs at a project in the Caribbean. The computers are among initiatives aimed at using... 

Anglo American coal bidders said in talks for acquisition loans

By: Bloomberg     22nd July 2016 Bidders for Anglo American’s Australian metallurgical coal assets, including Coronado Coal and AMCI Capital, are in talks with banks for acquisition financing, people with knowledge of the matter said. Coronado and AMCI are competing for Anglo American’s Moranbah and Grosvenor mines with BHP... 

Diamonds are Putin’s best bet to entice wary investors to Russia

By: Bloomberg     15th June 2016 President Vladimir Putin is trying to woo foreign investors into the battered Russian economy by offering a chunk of the world’s biggest miner of diamonds. Russia needs cash to help fill a hole in its budget, the result of a collapse in revenue from plunging oil prices 

Successful commissioning of heat treatment facility and pipe threading line supplied by SMS group

     8th June 2016 SMS group has supplied and successfully commissioned a heat treatment facility and pipe threading line, which includes two 4-axis CNC threading machines, at Axis Pipe and Tube, based in Houston, Texas, U.S.A. The two new plants for the Bryan, TX, works enable the company to... 

Endress+Hauser Group honours inventors

     23rd March 2016 Year after year, the Endress+Hauser Group invest more than seven percent of its sales worldwide in research and development. A consistently high rate of patent applications in all areas of measurement technology is proof of the solid power of innovation of the Swiss family company. “With 270... 

TransCanada to buy US natural gas pipeline operator Columbia for $13bn

By: Henry Lazenby     18th March 2016 Canadian oil and natural gas pipeline operator TransCanada has agreed to buy Houston, Texas-based Columbia Pipeline Group, which operates a network of 24 000 km of interstate natural gas pipelines extending from New York to the Gulf of Mexico, with a significant presence in the Appalachia... 

Petroplan expands its African offering

     10th March 2016 Petroplan is delighted to announce its expansion into Mozambique, having received its official business license earlier this month. The Maputo-based team, which is working with one of sub-Saharan Africa’s leading oil and gas companies, will be supported by existing Petroplan offices in London,... 

Portfolio refocused to lean on chemicals business

By: Malusi Mkhize     4th March 2016 Integrated energy and chemicals provider Sasol is refocusing its portfolio to lean more on its chemicals business, following the division’s turnover of R105-billion, which accounted for 57% of the group’s total turnover for the 2015 financial year. Sasol executive VP: chemicals business Fleetwood... 

SKF pioneers cloud-based solution for data collecting

     5th February 2016 How can a complex operation keep track of thousands of pages of documents, including measurements, drawings, tables and photos? To address this demanding task, SKF has developed a cloud-based solution, SKF Data Collect, using iPads to record and manage data. Making the transition from volumes of... 

Keystone pipeline Gulf Coast expansion project, Canada and the US

By: Sheila Barradas     15th January 2016 TransCanada Corp is suing the US government to reverse President Barack Obama's decision to reject the Keystone XL pipeline. 

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