R/€ = 16.87 Change: -0.03
R/$ = 14.32 Change: -0.03
Au 1208.87 $/oz Change: 6.22
Pt 837.50 $/oz Change: 13.25


DEHN AFRICA offers lightning and surge protection as solar installations in Africa gather momentum

By: Creamer Media Reporter      17th September 2018 The use of solar power and solar energy installations is growing around the globe, and this holds true in Africa as well. DEHN AFRICA has worked on a number of projects across the continent and notes that, while solar installations are on the rise, the use of photovoltaic (PV) installations... 

Base hoping for Kwale-size operation at Toliara

By: Esmarie Swanepoel     30th August 2018 Mineral sands producer Base Resources was hoping to develop its Toliara sands project, in Madagascar, into a similar size operation as its Kwale mineral sands project, in Kenya. “It has to be strategically relevant, and it won’t make sense to us if the operation is smaller than Kwale,” Base MD... 

Bass sells first concentrate from Madagascar graphite mine

By: Creamer Media Reporter      20th August 2018 ASX-listed Bass Metals has achieved another milestone in the development of the Graphmada mine in Madagascar, with the company announcing on Monday that it had achieved its first sales revenue from the sale of concentrates from the large flake graphite mine. Bass, which earlier this month... 

Zambian Revenue Authority executes search warrant at Gemfield’s Kagem mine

By: Schalk Burger     17th August 2018 Gemstone miner Gemfields on Friday said its Kagem Mining company had been subjected to an unannounced visit on Thursday by the Zambian Revenue Authority. Kagem Mining, through which Gemfields operates and holds 75% of the Kagem emerald mine, in Zambia, and its South African polygraph service... 

Dachser South Africa driving excellence in road freight services

17th August 2018 According to logistics company Dachser South Africa road freight in Africa can be a challenging undertaking. Therefore, transporting goods and services throughout the continent requires a network of support partners, a team that has up-to-date information on multi-country customs and border... 

Our innovations are the key partnership to your future

By: Yolande Botes     17th August 2018 “The EIE Group is known for its innovative state-of-the-art machinery and associated technologies on their automated and semi-automated solutions. Similarly, our reputation for applying solutions that ensure that our customer’s operations are fully optimised and fully supported through our... 

App monitors spread of FAW in Africa

By: Erin Steenhoff-Snethlage     10th August 2018 The Fall Armyworm Monitoring and Early Warning System (FAMEWS) application (app) can save 300-million people in Africa from food insecurity and prevent significant economic losses in maize of up to $4.8-billion, caused by the infestation of the fall armyworm (FAW), says Food and Agriculture... 

Graphmada reaches nameplate capacity

By: Esmarie Swanepoel     8th August 2018 The Graphmada large flake graphite mine, in Madagascar, has reached nameplate capacity, ASX-listed Bass Metals reported on Wednesday. The company told shareholders that the process plant has reached and sustained 25 t/h feed rate at an average head grade of 4.5% total graphitic carbon, an... 

‘Solid’ safety: Vital Engineering’s solid forged handrails and stair tread nosing – safety assured for the local and pan-African mining sector

7th August 2018 Mining is a primary creator of wealth and employment, and, as such, places demands on the people and equipment employed this all-important sector. To keep mines operating efficiently, quick, safe access to areas such as minerals processing plants is essential. Founded in 1939, Vital Engineering... 

Sumitomo says Ambatovy to miss FY18/19 nickel output target

By: Reuters     3rd August 2018 Japanese trading house Sumitomo Corp expects that nickel output at its Ambatovy project in Madagascar will likely fall short of its earlier target of 48 000 t in the year to March 2019, its chief financial officer said on Friday. "The Ambatovy has run at about 64% to 65% of full capacity in the... 

Sherritt sees soft cobalt prices as temporary trend

By: Reuters     1st August 2018 Sherritt International Corp said on Tuesday that recent weakness in the price of cobalt, a key material in rechargeable batteries, is expected to be temporary as demand continues to grow from the electric vehicle market. Toronto-based Sherritt said prices softened in the second quarter on... 

MeerKAT radio telescope inaugurated as precursor to larger SKA project 

26th July 2018 After a decade in design and construction, the MeerKAT radio telescope, which is located about 90km from Carnarvon in the Northern Cape, was inaugurated earlier this month. Simone Liedtke tells us a bit more about this step towards building an international enterprise. 

Imaloto independent power producer coal-fired power plant project, Madagascar

By: Sheila Barradas     20th July 2018 The granting of a 30-year concession agreement has aligned Lemur Holdings' development with that of government’s broader plans, Bushveld Minerals CEO Fortune Mojapelo has said. 

Event provides inclusive platform for power supply industry

By: Tasneem Bulbulia     13th July 2018 POWER-GEN & DistribuTECH Africa is an important power generation and distribution event, as it enables the entire spectrum of the power supply industry to convene in one place, from end-user and supplier to service provider, says industrial rope access provider Skyriders marketing manager Mike... 

SADC Committee of Ministers of Finance meets in South Africa

By: African News Agency      11th July 2018 The Southern African Development Community (SADC) Committee of Ministers of Finance and Investment will meet today in Johannesburg to discuss areas of cooperation and improving regional financial coordination.  The Ministers will be joined by the central bank governors from the region.  

Seifsa expects 1.7% expansion in local steel industry

By: Erin Steenhoff-Snethlage     6th July 2018 Following its initial forecast of a 1.1% expansion of the metals and engineering cluster at the beginning of the year, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) says upon review, preliminary data now suggest a 1.6% expansion of the sector, with all sub-industries... 

Imaloto IPP in Madagascar progressed well during second quarter

By: Marleny Arnoldi     4th July 2018 The granting of a 30-year concession agreement during the second quarter of this year was a critical milestone for the Imaloto coal-fired independent power project (IPP), in Madagascar, aligning its development with that of the government’s broader plans, Bushveld Minerals CEO Fortune Mojapelo... 

South Africa: a Hub for Marine Aids to Navigation Training

14th June 2018 South Africa is emerging as a hub of training in marine aids to navigation (AtoNs) for other developing countries keen to establish their maritime transport sector as a safe, secure and environmentally sound pillar of socio-economic growth. This was clear from an address by David Gordon,... 

Fourth Edition of Africa Code Week Kicks Off in Madagascar with a Goal to Empower 600,000 Youth in 2018

11th June 2018 With over 1.8 million lives impacted since 2015, Africa Code Week harnesses partnerships to build community capacity on digital education across an entire continent. The 2018 edition of Africa Code Week (ACW) officially kicked-off in Madagascar this week with its first-part series of... 

Interest in IFC’s solar procurement solution growing across Africa

By: Terence Creamer     6th June 2018 The International Finance Corporation (IFC) reports that its programme to support African governments and utilities in procuring solar photovoltaic (PV) capacity from independent power producers (IPPs) has made significant headway in four countries, with construction of the first project under... 

No thanks to foreign investment says Home Affairs in English language school saga

31st May 2018 By Stefanie de Saude-Darbandi, founder and director of De Saude Attorneys The new dawn promised by Cyril Ramaphosa's burgeoning presidency risks being scuppered by incompetence and inefficiency by key public-sector representatives. After years of ruinous leadership under the previous... 

Imaloto independent power producer coal-fired power plant project, Madagascar

By: Sheila Barradas     25th May 2018 Lemur Holdings has executed a concession agreement with the Madagascar government for the development, construction, operation and maintenance of the project. 

Jet engines help power cobalt to 10-year highs

By: Reuters     24th May 2018 The spotlight in the cobalt market has been fixed on electric vehicles but shrinking supply and robust demand from traditional sectors such as jet engine makers are helping fuel a price rally that shows no signs of fading. Cobalt in recent years has become synonymous with electric vehicles as it... 

Cobalt streaming may presage bigger deals as Vale weighs options

By: Bloomberg     23rd May 2018 A streaming deal for cobalt and nickel from a mine in Papua New Guinea may foreshadow other similar arrangements as producers look to capitalise on the battery-commodity boom to raise cash for investments. On Tuesday, Cobalt 27 Capital – a Toronto-listed vehicle designed to invest in the metal –... 

Lemur concludes concession agreement for Imaloto power project

By: Simone Liedtke     22nd May 2018 Aim-listed Bushveld Minerals’ coal and energy subsidiary Lemur Holdings has executed a 30-year concession agreement with the Madagascar government for the development, construction, operation and maintenance of the Imaloto integrated thermal coal and power project. The concession comes on the... 

Lemur Concludes Concession Agreement with the Government of Madagascar for the Imaloto Power Project

22nd May 2018 Bushveld Minerals, the AIM-listed integrated vanadium producer with additional investments in coal, power and tin, is pleased to provide the following update in respect of Lemur Holdings Limited ("Lemur"), Bushveld's coal and energy subsidiary that is developing an integrated thermal coal mining... 

More agile Sherritt focused on building ‘cycle-proof’ balance sheet

By: Henry Lazenby     11th May 2018 Canadian diversified miner Sherritt International is focused on further strengthening its balance sheet, with a view to building a “cycle-proof” balance sheet as Class I nickel and cobalt prices rise, president and CEO David Pathe tells Mining Weekly Online. Building on from the late... 

Total South Africa seeks to grow lubricants, retail fuel businesses

By: Shirley le Guern     9th May 2018 Total South Africa is looking to grow both its lubricants and retail fuel business as well as restart the offshore oil exploration that it put on hold in 2014, CEO Pierre-Yves Sachet said after a visit to its bulk fuel and lubricant plants in Durban. He said that a R70-million investment in its... 

Sherritt narrows Q1 loss as metals prices jump

By: Henry Lazenby     26th April 2018 Canadian diversified miner Sherritt International has reported a narrower first-quarter headline loss of C$14.7-million, or C$0.04 a share, compared with a loss of C$82.7-million, or C$0.28 a share, for the same period of 2017, mainly as higher metals prices made up for lower output. Sherritt... 

Ramaphosa arrives in Luanda ahead of the SADC Double Troika Summit

By: African News Agency      24th April 2018 South Africa President Cyril Ramaphosa arrived in Luanda, Angola, on Tuesday morning for the Extraordinary Summit of the Southern African Development Community (SADC) Double Troika which will consider the political and security environment in the SADC region, particularly the kingdom of Lesotho... 

Imaloto Independent power producer coal-fired power plant project, Madagascar

By: Sheila Barradas     13th April 2018 The bankable feasibility study for the integrated thermal coal mining and independent power project is progressing 

Researchers discover a new coastal current off Madagascar

By: Simone Liedtke     9th April 2018 South African, Malagasy and French researchers have discovered the existence of a coastal current off Madagascar. The newly-described current, the South-West Madagascar Coastal Current, flows poleward off the south-west coast of Madagascar. 

Free trade deal is much ado about nothing

By: Riaan de Lange     6th April 2018 It is the eightieth day of the year as I sit down to write this piece – the first full day of the sign of Aries. In case you are wondering, there are 285 days until the end of the year, and, in another 65 days, it will be Tax Freedom Day. It means that you will need to work up to May 25 to pay... 

Sustainable strategy engenders results

By: Tasneem Bulbulia     6th April 2018 Consulting firm Knight Piésold’s sustainable, quality process ethos across the board, from executing projects to implementing transformation, has enabled the company to maintain its competitive advantage amid a currently turbulent consulting engineering industry. Knight Piésold CEO Vishal... 

Bushveld’s Lemur progressing Madagascar coal and power project

By: Marleny Arnoldi     5th April 2018 Aim-listed diversified miner Bushveld Minerals on Thursday provided an operational update regarding its coal and energy subsidiary Lemur Holdings, stating that the bankable feasibility study for the integrated thermal coal mining and independent power project, in Madagascar, is progressing.  

Graphmada aiming for commercial production – Bass

By: Esmarie Swanepoel     4th April 2018 The share price of ASX-listed Bass Metals jumped on Wednesday after the company announced its move into graphite production. Bass has completed the recommissioning of the newly refurbished process plant at the Graphmada large flake graphite project, in Madagascar, and is moving the project into... 

Bass completes dry commissioning in Madagascar

By: Esmarie Swanepoel     26th March 2018 Graphite miner Bass Metals has completed the dry commissioning if its newly refurbished process plant at the Graphmada mine, in Madagascar. The company told shareholders that it was now focused on the final phase of Stage 1, the wet commissioning of the process plant. 

Remembering Julius Nyerere

By: Martin Zhuwakinyu     23rd March 2018 It took the threat of impeachment proceedings by his own party to get Jacob Zuma, decidedly the most inept – and venal – President South Africa has ever had, to vacate the Union Buildings on Valentine’s Day. Just under three months earlier, the ruling Zanu-PF party in neighbouring Zimbabwe had... 

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