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Emerging Africa Infrastructure Fund commits $200m in loans to fragile States

By: African News Agency      Updated 18 minutes ago The Emerging Africa Infrastructure Fund (EAIF), suppliers of debt finance to private sector infrastructure projects in sub-Saharan Africa, said on Tuesday that it had ended 2017 on a high note with $200-million in loan commitments to fragile states. EAIF, a company of the Private Infrastructure... 

Xtract concludes Manica hard rock collaboration agreement

By: Simone Liedtke     19th February 2018 The board of London-based diversified metals and minerals producer Xtract Resources has concluded a further collaboration agreement with Omnia Mining for the exploitation of the hard rock gold deposits at Xtract's Manica mining concession in Mozambique. This, however, excludes the hard rock gold... 

South Africa: The Department Of Trade And Industry And The South African Electrotechnical Export Council To Host African Delegation During The 2018 Africa Energy Indaba Conference

     19th February 2018 The Department of Trade and Industry (the dti) through Trade Invest Africa, in partnership with the South African Electrotechnical Export Council (SAEEC) will host a high level delegation from several African countries to participate at the annual Africa Energy Indaba Conference that is set to... 

Sound policy, low risk key to attracting mining investment

By: Henry Lazenby     16th February 2018 Gobal equity markets have been extremely volatile in recent weeks, extending a frantic sell-off of US stocks, which culminated in the steepest plunge for the Dow Jones Industrial Average in six-and-a-half years. While commodities were not spared from the rout, American multinational investment... 

Materials supplier company secures contract

By: Marleny Arnoldi     16th February 2018 Construction materials company Afrimat has been awarded a contract to supply building material to the Mozambique liquefied natural gas fields, which will be developed by oil and gas exploration company Anadarko Petroleum Corporation, on the northern border of the country.  

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... 

Sarens siba

     16th February 2018 It is the mission of heavy-lifting and engineered transport specialist Sarens to be the reference in crane rental services, heavy lifting and engineered transport. Understanding the need for change and transformation in the South African market, as well as the need to incorporate previously... 

TFR transports record chrome volumes from mines to ports

By: Schalk Burger     14th February 2018 State-owned Transnet Freight Rail (TFR) has transported a record 5.77-million tons of chrome by rail from mines to the ports in the first 47 weeks of the current financial year. This exceeds the 5.75-million tons of chrome transported by rail in the prior financial year. 

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... 

KAP gears up for growth, announces solid interim results

By: Schalk Burger     12th February 2018 Diversified industrial group KAP Industrial Holdings has raised R2-billion through the issuance of three- to five-year bond tenures to fund its future growth, the firm stated in its six-month interim results for the period ended December 31. The group on Monday reported that its revenue from... 

Gemfields transparent, proactive in rebutting rights allegations

By: Martin Creamer     12th February 2018 Coloured gemstones company Gemfields has been transparently proactive in rebutting claims of human rights abuses in Mozambique, where it mines rubies. "We've voluntarily elected to issue this statement," Gemfields, headed by CEO Sean Gilbertson, commented in a release on Monday about UK-based law... 

Triton signs offtake term sheet for Ancuabe graphite project

By: Simone Liedtke     12th February 2018 ASX-listed Triton Minerals has signed an offtake term sheet with China's Haida Graphite for graphite concentrate from the Ancuabe project, in Mozambique. The term sheet sets the framework for a binding offtake agreement that is anticipated to be signed by March 15. 

Global And National Energy Experts Prepare To Attend The 10th Annual Africa Energy Indaba 2018

     12th February 2018 The 10th edition of the Africa Energy Indaba, is the African energy event organised for Africans, by Africans, in Africa.  It is also the regional Africa event of the World Energy Council (WEC) and is strategically partnered with the South African National Energy Association (SANEA), the NEPAD... 

bauma CONEXPO AFRICA supporting program offers a glimpse into topics of the future

By: Creamer Media Reporter      9th February 2018 The supporting program for bauma CONEXPO AFRICA gives both exhibitors and visitors a comprehensive overview of the technologies of the future. The focus will be on networking and communication between specialists from various fields. The African and international construction and mining... 

Xtract concludes new mining contractor agreement for Manica

By: Anine Kilian     8th February 2018 Aim-listed Xtract Resources’ wholly-owned Mozambican subsidiary Explorator Limitada has concluded a new mining contractor agreement with Omnia for the exploitation of alluvial gold deposits at its Manica mining concession in Mozambique. The agreement with Omnia allows the O block of the western... 

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... 

Triton signs term sheet with Chinese firm for Ancuabe graphite

By: Anine Kilian     8th February 2018 ASX-listed Triton Minerals has signed a five-year offtake agreement to supply China-based Qingdao Tianshengda Graphite with graphite from the Ancuabe project, in Mozambique. The agreement is expected to result in the supply of 16 000 t/y of graphite concentrate from Ancuabe with a minimum... 

Nimbus takes 26.5% stake in Paratus Namibia

By: Schalk Burger     7th February 2018 Namibian Stock Exchange- (NSX-) listed capital-pool company Nimbus Infrastructure has bought a 26.5% stake in Pan-African telecommunications company Paratus Africa’s Namibian operations for N$95-million. The deal resulted in Nimbus acquiring 8% of the issued share capital in Paratus for a cash... 

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.  

Southern African countries, Botswana to play larger role in coal export market

By: Mia Breytenbach     2nd February 2018 Botswana, South Africa and Mozambique are beginning to play a much bigger role in the Southern African domestic and export coal market, says Botswana Mineral Resources, Green Technology and Energy Security Minister Sadique Kebonang. Speaking at the IHS Markit South African Coal Export Conference,... 

New coal terminal planned for Beira could be a gateway to the east

By: Kim Cloete     2nd February 2018 A coal terminal planned for construction at Mozambique’s Beira port could be a gateway for imports and exports from the landlocked countries of Zimbabwe, Zambia, the Democratic Republic of Congo, Malawi and Botswana and could greatly boost coal exports to India. Essar Ports CEO Tej Nargundkar... 

Electric cars and niche metals lure cash back to African mines

By: Bloomberg     2nd February 2018 Rising commodity prices may have revived enthusiasm for African resources, but it’s unlikely to be the old mainstays of coal and iron ore pulling crowds next week as the mining industry meets in Cape Town. The electric-vehicle boom and shifting industrial demand have transformed formerly niche... 

Kefi welcomes senior managers to executive committee

By: Megan van Wyngaardt     1st February 2018 Aim-listed gold and copper exploration and development company Kefi Minerals has expanded its senior management team as part of preparations for its development and operations. This includes the appointment of David Munro as head of operations, Eddy Solbrandt as head of systems and Brian Hosking... 

The growing importance of Gas in the Africa Mix, latest market trends

     1st February 2018 The 3rd Africa Gas Forum will be taking place on Monday, 19th February 2018 at the Sandton Convention Centre, Johannesburg, South Africa, and is affiliated to African Energy Indaba (AEI) as an official side event. With African economic growth in 2018 making a recovery after a difficult year,... 

Rio-Carb is a one-stop shop for complete wear solutions

     29th January 2018 A number of innovations adopted successfully in 2017 has seen Rio-Carb become a one-stop shop for all wear solutions, in addition to supplying a range of wear materials.These innovations include modular chutes, the design of hybrid liner packages for haul trucks, upgraded liner packaging, and an... 

High-tech vessel leaves Durban for African coastal research

By: African News Agency      26th January 2018 A Norwegian research vessel deemed the most technologically advanced in the world set out from Durban on Friday to assist coastal African countries with data collection to promote sustainable marine and fishing environments. The Dr. Fridtjof Nansen, a state-of-the-art vessel equipped with three... 

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... 

Michael Higley

     26th January 2018 This week we feature Michael Higley, VP Operations at FedEx, a company that provides customers and businesses worldwide with a broad portfolio of transport, ecommerce and business services   

Money no panacea for education’s ills

By: Martin Zhuwakinyu     26th January 2018 The excitement around the results of last year’s matric exams has now died down. Indeed, the class of 2017 gave a very good account of themselves, with those who sat for the exams at private schools notching up a 98.76% pass rate and their public-school counterparts 75.1%. Hats off to them. One... 

Battery Minerals restructures board

By: Creamer Media Reporter      25th January 2018 Project developer Battery Minerals has restructured its board to a traditional governance structure, as it prepares to transition to a graphite production company. David Flanagan will move from executive chairperson to MD and cofounder Cherie Leeden will step down as an executive director and... 

Battery Minerals shares rise as it signs another offtake agreement

By: Mariaan Webb     22nd January 2018 Australian company Battery Minerals has signed its fourth binding offtake agreement for graphite concentrate from its Montepuez project in Mozambique, announcing on Monday that 80% of the forecast production of the mine has been sold a year before its first scheduled shipment. The company, led by... 

Offtake agreements now cover 60% of Montepuez production – Battery Minerals

By: Megan van Wyngaardt     19th January 2018 ASX-listed Battery Minerals has signed a binding offtake agreement with Qingdao Black Dragon Graphite for 10 000 t/y of graphite concentrate from its Montepuez project, in Mozambique, for an initial term of three years. This marks the third offtake agreement for the project. 

Up to ten midtier mineral deposits can still be discovered in South Africa – resources consultant

By: Mia Breytenbach     19th January 2018 There is no reason why South Africa cannot build an exploration and junior mining sector, says resources consultant Dr John Bristow, who notes that while the country has vestiges of this sector, it is hampered by regulatory policy, and a preoccupation with a “Sunset” mining industry. Speaking at... 

Heineken brewery, Mozambique

By: Sheila Barradas     19th January 2018 Heineken is building an 800 000 hℓ brewery, which will brew high-quality beers for the domestic market. 

Thyssenkrupp closes the loop in Africa’s sugar industry

     18th January 2018 Thyssenkrupp Industrial Solutions South Africa combines local knowledge with global expertise to bring turnkey technology and equipment solutions that will promote the sustainability and profitability of the sugar industry in the Sub Sahara African region. The company offers market, feasibility... 

CTRG reaches financial close with lenders

By: Creamer Media Reporter      17th January 2018 Mozambique-based Central Térmica de Ressano Garcia (CTRG), a joint venture between Sasol Energy and Electricidade de Moçambique (EDM) has reached financial close on a $189-million project finance transaction with its lenders. CTRG, in which EDM holds a 51% stake and Sasol Energy the balance,... 

Savannah marks 2018 start with mining lease applications for Mutamba

By: Mia Breytenbach     16th January 2018 Aim-listed Savannah Resources has submitted three applications to Mozambique’s Ministry of Mineral Resources and Energy for mining leases for the Mutamba heavy mineral sands project. Located in the Gaza and Inhambane provinces, Mutamba is being developed in a consortium with diversified mining... 

Ian Harebottle appointed Kropz CEO

By: Anine Kilian     15th January 2018 South Africa-based plant nutrient company and miner of fertiliser feed materials Kropz has appointed Ian Harebottle as group CEO. Harebottle, who stepped down as CEO of Aim-listed Gemfields in July last year, will join Kropz on March 28, once his contract with the diamond miner has ended.   “I am... 

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