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African business aviation association joins global industry body

By: Keith Campbell     21st November 2017 The five-year-old African Business Aviation Association (AfBAA), which was founded in May 2012 and currently has 121 members, has become the fifteenth member of the International Business Aviation Council (IBAC), which is the global industry association for the business or executive aviation... 

Semafo’s profit wanes on lower output

By: Henry Lazenby     10th November 2017 West Africa-focused gold miner and regional explorer Semafo has reported a 44% drop in headline profit during the third quarter ended September, as the new mine plan for its Siou operation, in Burkina Faso, delivered fewer gold ounces to sell, the company reported on Thursday. Adjusted net income... 

SA Hippo Sucessfully Exhibited At The Cim Memo 2017 In Saskatoon

     27th October 2017 The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) was founded in 1898 and it is the leading technical society of professionals in the Canadian Minerals, Metals, Materials and Energy Industries consisting of 10 Technical Societies and over 35 Branches. The members of this... 

Thirty-Seven Partners and Eleven Practice Areas listed

     24th October 2017 Fasken Martineau is pleased to be once again included in the IFLR 1000 Financial and Corporate 2018 guide as among the world's leading financial and corporate law firms. Of the 37 partners profiled, 21 are “Highly Regarded Individuals”: Jon Holmstrom, Marc Novello, John Torrey, Stephen Erlichman,... 

BHP told bending to activists poses risks for debt investors

By: Bloomberg     19th October 2017 BHP Billiton’s new chairman Ken MacKenzie is grappling with a simmering campaign by activist shareholders -- moving too far to appease them could risk unsettling debt investors who own the world’s biggest miner’s $24-billion of bonds. The campaign by funds including billionaire Paul Singer’s... 

Energy East pipeline project, Canada

By: Sheila Barradas     13th October 2017 TransCanada has stopped development at the project. 

South Africa’s use of nonweapons-grade uranium to produce medical radioisotopes recognised

By: Keith Campbell     6th October 2017 South African company NTP Radioisotopes (NTP), a subsidiary of the State-owned South African Nuclear Energy Corporation (Necsa), has been presented with an Award for Outstanding Achievement by the US National Nuclear Security Administration (NNSA), an agency of the US Department of Energy (DoE),... 

Automotive industry to phase out environmentally-unsafe refrigerants

     5th October 2017 In line with the latest legislation in Europe, which came into effect at the beginning of the year, the automotive industry is required to phase out current environment-damaging refrigerants being used, and replace these with green alternatives. Automotive air-conditioning systems currently run... 

South African nuclear achievement crowned by US award

By: Keith Campbell     22nd September 2017 South African company NTP Radioisotopes (NTP), a subsidiary of the State-owned South African Nuclear Energy Corporation, has been presented with an Award for Outstanding Achievement by the US National Nuclear Security Administration (NNSA), an agency of the US Department of Energy (DoE), the two... 

Industries should prepare for increased use of HFO gases

By: Nadine James     22nd September 2017 As a result of the Kigali Agreement, countries will gradually start phasing out the use of hydrofluorocarbon (HFC) gases, replacing them with hydrofluoro-olefin (HFO) gases and natural refrigerants like ammonia, carbon dioxide and hydrocarbons, says industrial gases supplier A-Gas South Africa.... 

Harmful gas phase-out plan on track

By: Marleny Arnoldi     1st September 2017 The Department of Environmental Affairs has drafted a phase-out plan for the use of hydro chlorofluorocarbons (HCFCs) across industries to be down to 2.5% by 2030, with the refrigerants industry already achieving results of 2 556 t in 2016, compared with 3 163 t in 2013.  

London joins global Young Mining Professionals network

By: Ilan Solomons     1st September 2017 The Young Mining Professionals (YMP) has launched its latest chapter in London, in the UK and aims to leverage the UK’s location as a “global hub for mining and finance” to provide opportunities for young people in the country’s mining sector and abroad. YPM UK founder Catriona Beadel says that... 

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... 

Largest supplier of fire-suppression solutions in Africa boasts 80% local content

     21st August 2017 Fire & Security Techniques of Centurion is Africa’s largest supplier of fire-suppression solutions. It also boasts 80% local content in its extensive product range, which complies with the relevant pressure equipment regulations, as well as SANS 347:2012 and SAN14520. In addition, the company... 

SA Hippo To Be Exhibited At The CIM Memo 2017 In Saskatoon

     16th August 2017 The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) was founded in 1898 and it is the leading technical society of professionals in the Canadian Minerals, Metals, Materials and Energy Industries. The CIM has over 14,600 members, convened from industry, academia and government... 

Mauritania issues 30-yr mine licence for Algold’s Tijirit project

By: Henry Lazenby     16th August 2017 West Africa-focused junior project developer Algold Resources has received a formal decree by the Mauritania government granting a 30-year mining licence for the Tijirit project. Montreal, Quebec-based Algold in June announced that the Mauritania government intends to issue the mining licence,... 

SA air traffic company focuses on safety and the environment

By: Keith Campbell     11th August 2017 South Africa’s air traffic management agency, Air Traffic and Navigation Services (ATNS), is working hard to improve air safety in the country. “During the 2015/2016 [financial year] our safety performance was not as we would have liked it to be, with a record low of 34 Risk Safety Index [RSI],”... 

Semafo rallies as Siou grade control trends back on track

By: Henry Lazenby     9th August 2017 Canadian gold producer Semafo on Wednesday rallied strongly in Toronto after it confirmed its revised production guidance for the year, on the back of grade stabilisation at the Siou satellite pit of the Mana mine, in Burkina Faso. The West Africa-focused miner reiterates its 2017 outlook of... 

Champion stock gains on resolving longstanding Sept-Îles Port dispute

By: Henry Lazenby     18th July 2017 The TSX-listed stock of project redeveloper Champion Iron on Tuesday gained more than 4% after the company announced that it has settled a dispute with the Sept-Îles Port Authority, from where iron-ore product from the Bloom Lake mine, in Quebec, will be shipped to market. The Montreal-based... 

Another bullion flash crash is testing the nerve of traders

By: Bloomberg     8th July 2017 After-hours surges and plunges that have whipsawed gold and silver prices over the past two weeks are unnerving traders. Silver futures sank as much as 10%, as more than 25-million ounces of the precious metal traded within a minute just after 7 AM in Singapore Friday. Last week, gold fell below... 

Semafo’s Q2 output slumps as it grapples with grade control at Mana

By: Henry Lazenby     6th July 2017 West Africa-focused gold producer Semafo reported lower gold output for the second quarter ended June, as grade control issues at the Siou satellite deposit of the company's flagship Mana mine, in Burkina Faso, impacted on output. Montreal, Quebec-based Semafo produced 47 600 oz of gold for the... 

BHP's new chairman to drive 'radical shift' at largest miner

By: Bloomberg     5th July 2017 BHP Billiton’s new chairman is about to shake things up at the world’s largest mining company, according to Sanford C. Bernstein, which says that Ken MacKenzie will probably undertake a full-scale review of assets and strategy, and may demerge the petroleum business. “Despite management’s... 

Serendipity smiles on Mkango’s Malawian assets as renewables growth demands more REEs

By: Henry Lazenby     13th June 2017 Demand for rare earth elements (REEs) for use in magnetic applications such as electric vehicles and wind turbines is driving renewed interest in securing supplies of these hard-to-come-by metals outside of the world’s dominant supplier China. This is exacerbated by the fact that while REEs are... 

SA Hippo Main Attraction For North American Coal Mines At The Cim 2017 In Montreal

     5th June 2017 The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) was founded in 1898 and it is the leading technical society of professionals in the Canadian Minerals, Metals, Materials and Energy Industries.   The CIM has over 14,600 members, convened from industry, academia and government... 

Fasken Martineau Named “Global Mining Law Firm of the Year”

     25th May 2017 Fasken Martineau announced that, for the third consecutive year and the ninth time overall, it has been named “Global Mining Law Firm of the Year 2017” by Who’s Who Legal. Additionally, Michael Bourassa has received the “Lawyer of the Year 2017” award for Mining. With over 150 years’ experience... 

Quebec diamond miner Stornoway produces one-millionth carat

By: Henry Lazenby     17th May 2017 Quebec’s only diamond producer Stornoway Diamond Corp has produced its one-millionth carat from the Renard mine, alluding to a strong start to production in the current quarter. Desjardins Capital Markets analyst Michael Parkin said the market is still focused on the company’s ability to resolve... 

SA Hippo Exhibited At The CIM 2017 In Montreal

     3rd May 2017 The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) was founded in 1898 and it is the leading technical society of professionals in the Canadian Minerals, Metals, Materials and Energy Industries.   The CIM has over 14,600 members, convened from industry, academia and government... 

Fasken Martineau Recognised in the 2017 Edition of The Legal 500 Europe, Middle East and Africa

     3rd May 2017 Fasken Martineau is pleased to announce that 24 of its lawyers have been recognized in the 2017 edition of The Legal 500 Europe, Middle East and Africa, across the following nine practice areas.  • Tier 1: Projects and Infrastructure • Tier 2: Construction; Employment; Mining • Tier 3: Banking... 

David Brown Santasalo Showcases Its Proven Drive Technology And Enhanced North American Capability At Cim 2017

     2nd May 2017 At this year’s CIM 2017 Convention, David Brown Santasalo will display its innovative AMF gearbox designed for critical agitator, mixer and flotation applications in the mining industry. Booth #509 at the Palais des Congrès in Montreal will be home to David Brown Santasalo’s expert team, who are... 

Mali ratifies Kigali Amendment on phasing out greenhouse-gas emissions 

By: African News Agency      5th April 2017 Mali has ratified the Kigali Amendment, a ground-breaking amendment to the Montreal Protocol to phase out hydro-fluorocarbons, a major source of greenhouse-gas emissions, the United Nations environment agency has announced. “We urge more countries to follow suit in order to protect our climate,”... 

Rio Tinto sees bumpy ride for aluminum as China poses puzzle

By: Bloomberg     5th April 2017 Rio Tinto Group’s aluminum boss sees prices for the lightweight metal heading for an “extremely” volatile period, with uncertainty over when China will curb production helping to keep investors on edge. “That’s really where the uncertainty is at the moment,” Alfredo Barrios said in an interview... 

Osisko Gold Royalties reports 13% rise in Q4 headline earnings

By: Henry Lazenby     16th March 2017 Osisko Gold Royalties has reported a 13% increase in its fourth-quarter adjusted earnings, to C$6.9-million, or C$0.07 a share, beating Bay Street analysts’ average forecast of earnings of C$0.06 a share. Montreal-based Osisko, which owns a portfolio of cost-free royalties on mines such as... 

Breakthrough holmium data storage solution piques Matamec’s interest

By: Henry Lazenby     15th March 2017 Montreal-based rare earths project developer Matamec Explorations is excited about a breakthrough discovery by a team of nanoscience researchers, mainly from IBM’s Almaden Research Centre, in San Jose, California, of the ability to store one bit (1b) of data on a single holmium atom. The... 

South African airports rank highly in Africa in service quality awards

By: Keith Campbell     7th March 2017 South African airports occupy two of the top three places for major airports in the Africa region in the 2016 Airport Service Quality (ASQ) Awards, Airports Council International World (ACI World) announced in Montreal, Canada, on Monday. In this category, defined as airports handling more than... 

Automotive industry to achieve international standards with new gas

     10th February 2017 Honouring its commitment to the Kigali Amendment to the Montreal Protocol on Substances that Deplete the Ozone Layer, specialty chemicals and gas company A-Gas South Africa will be phasing out commonly used high global warming potential (GWP) refrigerants in its product range. 

Plan to phase out ozone depleting substance

By: Simone Liedtke     3rd February 2017 Owing to chlorofluorocarbons (CFCs) and hydro chlorofluorocarbons (HCFCs) containing substances that are harmful to the ozone layer, South Africa is set to adopt its HCFC phase-out plan in a Government Gazette dated May 8, 2014, says the Southern African Refrigeration and Air Conditioning... 

Agreement significant in phasing down ozone depleting substances

     3rd February 2017 Specialty chemicals and gas company A-Gas South Africa (SA) has hailed the signing of the Kigali Amendment on October 15, 2016 as an “historic international agreement” for the phasedown of commonly used, high global warming potential (GWP) refrigerants. 

Fieldturf, World Leader In Synthetic Turf Sports Products Enters S.A. Market

     31st January 2017 In a major boost to the upgrading of South African artificial turf sports facilities, the world’s largest producer of synthetic sports and landscape surfacing is entering the local market. FieldTurf, part of the 130-year-old Paris Stock Exchange-listed Tarkett Group, has signed a distribution... 

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