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Reducing commercial and industrial fire risks

By: Creamer Media Reporter      24th October 2018 Sprinkler systems remain the optimal manner in which to supress fires in commercial and industrial properties. While sprinkler system use in buildings dates back to the 19th century, they are in fact still the best manner to ensure the safety of lives and protect infrastructure. In light of the... 

Angola to recover overseas funds by year-end, Lourenco says

By: Bloomberg     4th July 2018 Angola plans to start recovering large funds held by citizens in overseas accounts toward the end of the year under a law meant to repatriate cash that was illegally moved abroad, President Joao Lourenco said. Lourenco said in December that the government wouldn’t ask any questions if wealthy... 

Global interest in investing in African energy sector picking up – Minister

By: Marleny Arnoldi     19th June 2018 The willingness and interest to invest in the African energy sector is picking up globally, says Mauritius Deputy Prime Minister and Energy and Public Utilities Minister Ivan Collendavelloo. Speaking at the Africa Energy Forum, now in its twentieth year, in Mauritius, on Tuesday, he said the... 

Europe will give determined response to any US tariffs – Merkel

By: Reuters     31st May 2018 German Chancellor Angela Merkel said on Thursday that the European Union would give a "smart, determined and jointly agreed" response if the United States decides to impose tariffs on European steel and aluminum imports. "We don't know the decision yet but if tariffs were to be imposed, then we... 

Transport Decarbonisation Alliance launched

By: Simone Liedtke     25th May 2018 The Transport Decarbonisation Alliance (TDA), a coalition aiming to catalyse the accelerated decarbonisation of the transport sector, was launched earlier this week in Leipzig, Germany, as part of the International Transport Forum (ITF). Rail transport company Alstom and partner companies, cities... 

On-The-Air (25/05/2018) 

By: Martin Creamer     25th May 2018 128 years of branding came crashing down this week when the name Chamber of Mines was trashed and replaced with Minerals Council South Africa. With all the talk about new emerging farmers coming on to the land in the future, South Africa needs to step up its mining of phosphates. Certification is... 

Global copper surplus falls 12.8% to 110 000 t

By: Henry Lazenby     24th May 2018 The global refined copper balance for the first two months of this year indicates a surplus of about 110 000 t, a 12.8% drop year-on-year, the International Copper Study Group has found. The Lisbon, Portugal-based think tank said apparent refined demand increased 3.9% year-on-year to 3.77-million... 

Global copper deficit widens 21% in 2017 as refined supplies stagnate

By: Henry Lazenby     21st March 2018 The latest data from the Lisbon, Portugal-based International Copper Study Group (ICSG) points to a 21% year-on-year widening in the global deficit of refined copper, as refined supplies remain stagnant. During 2017, the global refined copper balance slid to a deficit of 163 000 t of red metal,... 

World refined copper deficit widens to 195 000 t – ICSG

By: Henry Lazenby     21st February 2018 The global refined copper balance for the first eleven months of 2017 indicates a deficit of about 195 000 t, some 27% wider than at the same time a year earlier, the latest data from the Lisbon-based International Copper Study Group (ICSG) shows. The think tank attributed the widening deficit to... 

Global lead market surplus widens in December – ILZSG

By: Reuters     20th February 2018 The global lead market showed a surplus of 20 000 t in December, after a surplus of 9 900 t in November, data from the Lisbon-based International Lead and Zinc Study Group (ILZSG) showed on Tuesday. For January to December, the lead market had an output deficit of 165 000 t, compared with a... 

Portuguese firm to support SA’s auto tool-making skills push

By: Zandile Mavuso     26th January 2018 With South Africa having shown growth in the automotive manufacturing sector in the past few years, integrated mould manufacturer CR Moulds laments the shortage of South Africa-based toolmaking skills to match the current positive industry growth. 

Global copper deficit grows to 181 000 t during first three quarters of 2017

By: Henry Lazenby     21st December 2017 The global copper supply deficit has grown to 181 000 t during the first three quarters of 2017. According to the latest assessment conducted by the Lisbon, Portugal-based International Copper Study Group (ICSG), stagnant refined copper supplies, in combination with strong Chinese apparent usage... 

Playing Games At Work Pays Off For South African Team In Global Challenge

1st December 2017 A team of South African supply chain professionals recently proved that playing games at work can get you far; in this case, as far as Lisbon, Portugal, for the global finals of “The Fresh Connection Challenge”, an innovative business simulation game that is delivering big benefits for companies... 

Glencore sees nickel in best shape in decade before EVs take off

By: Bloomberg     21st November 2017 Glencore is seeing the best market conditions for nickel in at least a decade, and electric cars are barely playing a part yet. The miner and trading giant expects nickel’s 2017 deficit at 170 000 metric tons -- one of the biggest in years and more than most market estimates – to be driven by a... 

Global copper balance widens to 160 000 t deficit as refined output stalls

By: Henry Lazenby     31st October 2017 The world's refined copper deficit has increased to 160 000 t for the first seven months of 2017, as refined copper supply has stagnated, according to the International Copper Study Group (ICSG). The Lisbon-based think tank said the July deficit was in fact the lowest recorded so far this year,... 

Metals study groups appoint Paul White as new secretary general

By: Henry Lazenby     27th October 2017 The International Copper Study Group, the International Lead and Zinc Study Group (ILZSG) and the International Nickel Study Group have appointed Paul White as their new secretary general to replace Don Smale, who will retire on December 31. Assuming his new role on January 1, White is currently... 

Zinc deficit grows 30% in first eight months of 2017; lead narrows gap – ILZSG

By: Henry Lazenby     11th October 2017 The zinc supply gap has widened by 30% year-on-year for the first eight months of this year, new data published by the International Lead and Zinc Study Group (ILZSG) shows. The Lisbon, Portugal-based organisation on Wednesday said the zinc deficit had grown from 221 000 t over the same... 

Embraer to open Johannesburg aviation training centre

By: Schalk Burger     11th October 2017 Aviation systems engineering and manufacturing firm Embraer will open an aviation training centre at the OR Tambo International airport, in Johannesburg, in the first half of next year. The facility will be the first of its kind in Africa to provide this range of training for qualified pilots,... 

Bentley Systems Announces Agreement to Acquire ACTION Modulers’ Water Modeling Software Business

11th October 2017 To Advance Flood Resilience through Integration of Infrastructure Engineering, Reality Modeling, and Environmental Predictive Analytics Bentley Systems, Incorporated, a leading global provider of comprehensive software solutions for advancing infrastructure, today announced that it has signed an... 

New partnership to raise awareness of industrial cybersecurity threats

By: Schalk Burger     22nd September 2017 Industrial control and automation multinational Siemens and the International Society of Automation (ISA) have partnered to raise awareness of global industrial cybersecurity needs, standards and the changing security landscape, as well as provide joint expertise for production information... 

H1 2017 shows world refined copper deficit of 75 000 t

By: Henry Lazenby     20th September 2017 The world’s refined copper balance for the first half of 2017 indicates a deficit of around 75 000 t, including revisions to data previously presented, the Lisbon-based International Copper Study Group revealed on Wednesday. This is mainly owing to stagnant growth in the world refined copper... 

World copper mine output falls 3% in first five months of 2017

By: Henry Lazenby     19th August 2017 Global copper mine output was 3% lower year-on-year during the first five months of 2017, according to the latest data from the International Copper Study Group (ICSG). Concentrate production declined by around 2.5% and solvent extraction-electrowinning (SX-EW) declined by around 4.5%. 

SA’s best take on the world in global supply chain challenge

28th July 2017 A team of four high-flying supply chain management professionals from South African aviation industry supplier Aerosud Aviation will take the hopes of Africa to a global industry competition in Lisbon, Portugal in September.   The group recently took the number one spot in the ‘international’... 

High Commissioner ‘seized’ with avoiding post-Brexit trade interruption with South Africa

By: Terence Creamer     23rd June 2017 British High Commissioner to South Africa Nigel Casey says he is currently “very seized” with ensuring that measures are put in place “timeously” to guarantee no interruption in the trade relationship between the UK and South Africa when Britain leaves the European Union (EU) on March 29, 2019.... 

Step up to 2017 supply chain Global Challenge

11th April 2017 Once again, the challenge is on for South African supply chain experts to test their skills against the world’s best – in the annual Fresh Connection Global Challenge.   “This is a great online simulation game in which participants must work together in teams of four to save a fictitious food... 

Brexit – let it be

By: Riaan de Lange     17th March 2017 Having taken evasive action, leaving the tourists on the streets of London by escaping down a small passage way - an alley if you will - our group of seven-odd walkers ended up in front of a vintage store front - 13 Masons Yard, St. James’ to be exact. We are not off the unbeaten track, anything... 

Growth in copper supply to slow through 2020 – ICSG

By: Henry Lazenby     24th February 2017 Global copper mine production growth is expected to slow to 2.5% a year through 2020, down from an average growth rate of almost 4% a year in the last five years, the International Copper Study Group (ICSG) said on Thursday. The Lisbon, Portugal-based think tank cited continued delays in project... 

Global refined copper market saw wider deficit in November – ICSG

By: Henry Lazenby     23rd February 2017 The International Copper Study Group reports a global copper market deficit of about 90 000 t in November, up from the 64 000 t deficit in October. The November deficit was mainly attributable to a 3.5% increase in apparent Chinese demand in the first 11 months of 2016, the Lisbon, Portugal-based... 

Tanzania said to pick Mota, Yapi to build $1.1bn rail

By: Bloomberg     3rd February 2017 Tanzania chose Turkish construction company Yapi Merkezi Insaat VE Sanayi As and Portuguese building firm Mota-Engil SGPS SA to build a railway at a cost of more than €1-billion ($1.1-billion) to connect the East African country with landlocked neighbors, people familiar with the matter said. The... 

Refined copper widens nine-month deficit - report

By: Henry Lazenby     23rd December 2016 The latest data out from the Lisbon-based International Copper Study Group (ICSG) shows a copper production deficit of 84 000 t for the first nine months this year, wider than the deficit of around 28 000 t in the comparable period of 2015. The ICSG’s preliminary data for September world copper... 

Laramide, Uranium Resources ink LoI to amend terms of payment

By: Samantha Herbst     6th December 2016 Dual-listed uranium developer Laramide Resources has signed a letter of intent (LoI) with Texas-based miner Uranium Resources to amend the definitive share purchase agreement, signed on April 6, stipulating that Laramide would acquire Uranium Resources’ wholly owned subsidiary Hydro Resources,... 

Copper surplus reaches 154 000 t in August on weaker Chinese demand, seasonality

By: Henry Lazenby     23rd November 2016 New analysis by the International Copper Study Group (ICSG) has shown an apparent production surplus of around 154 000 metric tonnes in August, mainly owing to weaker Chinese demand and seasonally weak use in other regions. The Lisbon, Portugal headquartered think tank said in a statement Monday... 

Trade relations from afar

By: Riaan de Lange     4th November 2016 It took Julie Gold, in her own words, “on the one hand, two hours to write and, on the other hand, 30 years to write”, in 1986, the most famous of songs. The song was first recorded by Nanci Griffith for her 1987 album, Lone Star State of Mind, but it only became a commercial success after Bette... 

Gold’s top forecaster sees prices sinking amid three Fed hikes

By: Bloomberg     27th October 2016 The Federal Reserve will probably raise rates in December and twice more in 2017, boosting the dollar and hurting gold, according to Singapore-based Oversea-Chinese Banking Corp., the most accurate bullion forecaster in the third quarter. Gold will retreat each quarter next year, dropping to $1... 

Can Europe survive without Britain?

By: Saliem Fakir     5th August 2016 The European project has been long in the making, starting with the formation of the European Coal and Steel Community (ECSC), which involved France, Germany, England and others and formally came into being in 1951 with the signing of the Treaty of Paris. Luminaries of the pan-European idea, such... 

Electric trucks make debut in German city of Stuttgart

By: Irma Venter     27th May 2016 Daimler Trucks has provided a small fleet of electric trucks to the German city of Stuttgart. Dr Wolfgang Bernhard, Daimler management board member responsible for Daimler Trucks, and Mitsubishi Fuso Truck and Bus Corporation (MFTBC) president and CEO Marc Llistosella in April handed over five... 

The ‘P’ in PIIGS

By: Riaan de Lange     20th May 2016 It is late in the afternoon on International Workers Day as our family enjoy refreshments in a town on the eastern side of the Algarve, the southernmost region of continental Portugal, about 25 km west of the Spanish border. We are at a street café, in the most glorious of sunshine, with a slight... 

German city tests electric trucks, trials show 64% cut in operating costs

By: Irma Venter     19th April 2016 Daimler Trucks has provided a small fleet of electric trucks to the German city of Stuttgart. Dr Wolfgang Bernhard, Daimler management board member responsible for Daimler Trucks, and Mitsubishi Fuso Truck and Bus Corporation (MFTBC) president and CEO Marc Llistosella in April handed over five... 

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