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The rot continues

By: Martin Zhuwakinyu     15th February 2019 Just more than a year ago, African heads of State and government converged on the Ethiopian capital of Addis Ababa to launch 2018 as the continent’s Anticorruption Year. No stone was going to be left unturned in the fight to rid Mother Africa of this pernicious scourge, which continued to deal... 

Pick N Pay Trials A R5 Reusable Bag – Made From Green Plastic Bottles

14th February 2019 Reducing plastic waste one bag at a time.  Pick n Pay is trialling the lowest priced reusable bag yet in South Africa, as an affordable reusable alternative to plastic carrier bags. 

Famed Cullinan mine banks on big diamonds to drive down debt

By: Reuters     14th February 2019 The owner of one of the world's most famous diamond mines could be about a decade away from clearing its multi-million-dollar debts, in a sign of the struggles facing an industry assailed by synthetic rivals and uncertain demand. Petra Diamonds bought Cullinan in 2008, aiming to breathe new life... 

Pick n Pay trials reusable bag made from green plastic bottles

By: Marleny Arnoldi     13th February 2019 Supermarket chain Pick n Pay is trialling a R5 reusable bag made from green plastic bottles, as an affordable alternative to plastic carrier bags. The bag is the first of its kind and will be initially introduced to 22 stores across the country to gauge customer reaction.  

Fuel price increases led to decline in new-car sales, says Strobel

By: Thabi Madiba     8th February 2019 Bearings and power transmission products distributor Bearings International (BI) customer offer marketing manager Victor Strobel says fuel price increases have affected new-car sales, which slid from 47 478 units sold in November 2018 to 39 984 units in December 2018. Subsequently, many people... 

Matric pass rate improves, but …

By: Martin Zhuwakinyu     8th February 2019 Our 2018 matriculants – those who wrote the National Senior Certificate (NSC) exams and those who attended schools affiliated with the Independent Examination Board (IEB) alike – deserve a huge pat on the back for doing the nation proud. The NSC pass rate was 78.2% last year, a significant... 

De Beers to spend R30m on diamond exploration this year  

By: Martin Creamer     6th February 2019 De Beers Consolidated Mines (DBCM) will spend R30-million on greenfield diamond exploration in South Africa this year, DBCM MD Phillip Barton told Mining Weekly Online on the sidelines of the Investing in African Mining Indaba. This follows DBCM being granted 32 exploration licences across a... 

Epiroc and Elf Drilling – keeping the finger on the mining pulse

5th February 2019 Epiroc has once again rocked the local mining space with a landmark sale of the first BenchREMOTE in South Africa to key customer, Elf Drilling. The innovative BenchREMOTE is an advanced monitoring system, which can be linked to up to three SmartROCs and is ideal for removing the operator from... 

AfriTin discovers lithium occurrences at Namibia licence

By: Tasneem Bulbulia     4th February 2019 AfriTin Mining has discovered significant grades of lithium, in addition to tin, in pegmatites in the ML 133 licence, located in the Nainais area, near its Uis tin mine, in Namibia. Recent test work indicates that the most abundant lithium-bearing mineral present is petalite, with lesser... 

AfriTin to add components to Uis pilot plant

By: Tasneem Bulbulia     1st February 2019 AfriTin Mining has decided to implement two additional components to the Phase 1 pilot plant at its Uis tin mine, in Namibia. To increase plant throughput capacity and flexibility, a third dense medium separation section has been procured and a magnetic separation circuit will be installed in the... 

Gaping wound 

By: Terence Creamer     1st February 2019 The World Bank’s latest South Africa Economic Update contains a fact box headlined ‘What is the state of human capital in South Africa?’ that is beyond disturbing. Drawing information form its recently unveiled Human Capital Index (HCI), the bank shows that South Africa’s education and health... 

Rhodes University to lead £20m international collaborative ocean project

By: African News Agency      29th January 2019 Rhodes University is set to lead a £20-million international collaborative project to influence ocean health and integrated ocean governance for equitable and inclusive sustainability. The One Ocean Hub is one of twelve innovation hub programmes approved by the UK Research Innovation’s Global... 

thyssenkrupp hands out boxes of joy to children in care centres

29th January 2019 The festive season is usually a time which is spent sharing in the merriment with family and friends. However, for those without families it can be a lonely and sad period. Children living in care centres have neither families nor funds and therefore the holidays often bring little joy.... 

Hearings into alleged cement industry cartel continues, judgment expected by June

By: Simone Liedtke     25th January 2019 The Competition Tribunal turned its focus back to the case of alleged cartel conduct in the cement industry on Thursday, with a judgment in the case against KwaZulu-Natal-based Natal Portland Cement (NPC) Cimpor expected to be announced by June. The Competition Commission in 2008 launched an... 

Investors will continue to invest in solar

By: Halima Frost     25th January 2019 Specialist banking company Investec Bank will continue to offer funding to viable projects in the renewables sector as solar photovoltaic (PV) technology becomes more cost effective. Southern Africa – more notably the Northern Cape province, in South Africa, and Namibia – is considered as one of... 

Expanded products portfolio leads to new opportunities

By: Cameron Mackay     25th January 2019 New markets and opportunities have arisen after technical solutions provider BMG expanded its products portfolio with the addition of Fenner conveyor belting products last year. “BMG decided to sign a long-term agreement in 2018 with polyvinyl chloride (PVC) solid woven conveyor belting products... 

Namibia, South Africa sign fisheries MoU

By: African News Agency      24th January 2019 Namibia and South Africa have signed a fisheries Memorandum of Understanding (MoU), outlining how they will work together in various matters within the fisheries space as the two countries share a common border. The MOU was signed by Minister Senzeni Zokwana, and his Namibian counterpart,... 

De Beers lowers 2019 output guidance

By: Tasneem Bulbulia     24th January 2019 Diamond miner De Beers has lowered its production guidance for 2019 to between 31-million and 33-million carats. The company, which on Thursday reported production of 35.3-million carats for the 2018 financial year, attributes the lower production guidance to its existing Venetia openpit, in... 

UCT researchers selected for research hubs to address global challenges

By: Sashnee Moodley     24th January 2019 Funding agency United Kingdom Research and Innovation (UKRI) and the Global Challenges Research Fund (GCRF) have selected University of Cape Town (UCT) researchers to establish research hubs at UK universities, to tackle some of the development challenges facing the world. The hubs offer five... 

Trevali’s African operations deliver strong FY18 performance

By: Tasneem Bulbulia     18th January 2019 Trevali Mining, in its first full year of operating in Africa, increased production at both Perkoa, in Burkina Faso, and Rosh Pinah, in Namibia, over 2017 levels. “Despite challenges faced at Caribou, [in Canada], Trevali produced 407-million pounds of payable zinc in 2018, in-line with our... 

SEW-EURODRIVE gear units used in OEM projects

By: Khutso Maphatsoe     18th January 2019 Local original-equipment manufacturer (OEM) Wamechsi Group uses products from automation and drive specialist SEW-EURODRIVE South Africa for a range of wastewater treatment plants it has built in the country. This standardization is largely owing to the quality and reliability of the German... 

Paladin continues uranium sales

By: Esmarie Iannucci     17th January 2019 ASX-listed Paladin Energy has continued the sale of its uranium oxide (U3O8) stockpiles during the quarter ended December, with some 475 000 lb U3O8 sold during the quarter at an average price of $31.41/lb. Paladin in May of last year took the decision to place its Langer Heinrich operation, in... 

B2Gold production surges as new Mali mine outperforms

By: Mariaan Webb     17th January 2019 For ten consecutive years, Canada’s B2Gold has booked record gold production and 2018 was no different, with the miner lifting output by 51% to 953 504 oz in what it describes as a “year of transformational growth”. Production received a major boost from the new large Fekola mine, in Mali, which... 

Dundee’s Chelopech mine exceeds 2018 production guidance

By: Tasneem Bulbulia     10th January 2019 Dundee Precious Metals’ Chelopech mine and smelter, in Bulgaria, achieved another record year of gold production, at 201 100 oz, in 2018, exceeding the company’s guidance of 190 000 oz to 200 000 oz. Moreover, copper production of 36.7-million pounds was in line with guidance of 35-million to... 

SA Express reintroduces routes from Cape Town

By: Rebecca Campbell     10th January 2019 State-owned local regional airline SA Express announced on Thursday that it would be reinstating its flights between Cape Town and Bloemfontein and Cape Town and Walvis Bay (in Namibia). “Cape Town is one of our most important hubs and we are delighted to be back, offering our services to... 

Tiffany CEO says it's his 'duty' to reveal diamonds' provenance

By: Bloomberg     9th January 2019 Tiffany & Co. is telling consumers where its diamonds come from as the jeweler tries to become more transparent in a notoriously opaque industry. Its top executive says the change was imperative. “This is a topic that has become more and more relevant for new generations,” Chief Executive Officer... 

Volatile rand has Namibia mulling an end to 25-year currency peg

By: Bloomberg     21st December 2018 Namibia is growing tired of the economic pain caused by the volatile South African rand and is considering ending a 25-year-old peg to the currency of its larger neighbor. The government in Windhoek is weighing options to amend the currency arrangement or forge a new path for the Namibian... 

Bitumen supplier concerned about slowdown in road construction

By: Irma Venter     2nd November 2018 The rapidly increasing bitumen price is less of a concern to bitumen suppliers than the recent slowdown in South African road construction, says Colas South Africa commercial, communication and marketing manager Herman Groenewald. Bitumen prices have increased by more than R2 000 a ton since... 

American trade delegation in South Africa to expand business opportunities in Southern Africa

By: African News Agency      30th October 2018 An American trade delegation, comprising businessmen from more than 30 American companies and state government leaders, is in South Africa seeking to expand agricultural export opportunities in the region. The trade delegation, which arrived in South Africa on Monday and will conclude its visit... 

Namibia scraps black ownership rules for mining exploration licences

By: Reuters     26th October 2018 Namibia has scrapped a requirement for companies seeking mining exploration licences to be partly owned and managed by black Namibians, the country's mining industry group said on Friday. The policy was introduced in 2015 to increase the participation of historically disadvantaged black Namibians... 

Volvo launches new 95 t rigid hauler for coal, bulk commodities industries

By: Schalk Burger     26th October 2018 Earthmoving equipment manufacturer Volvo Construction Equipment on Thursday launched a new 95 t rigid hauler for the coal and bulk commodities industries in Southern Africa. Its local partner, construction equipment company Babcock Equipment, would provide the support and services for the... 

Manufacturer supplies stainless steel diesel field stoves to SANDF

26th October 2018 Manufacturer and exporter Desert Wolf plays an instrumental role in project teamster, which is the new South African National Defence Force (SANDF) project to upgrade the complete field kitchen facilities for the defence force and is currently supplying it with a range of stainless steel diesel... 

Eskom to add 6 500 km of high-voltage transmission lines by 2028

By: Marleny Arnoldi     25th October 2018 Power utility Eskom plans to add about 6 500 km of high-voltage transmission lines and 46 000 MVA of transformer capacity in the next ten years, its latest Transmission Development Plan (TDP), for the period from 2019 to 2028, shows. The TDP, which was released on Thursday, also demonstrates... 

AfriTin pilot production plant to achieve first material by end-2018

By: Simone Liedtke     24th October 2018 Aim-listed AfriTin Mining looks forward to achieving its target of processing the first material through the pilot plant at its Uis mine, in Namibia, by the end of this year, after having achieved a number of important milestones in the six-month period ended August 31. Construction of the pilot... 

Trevali lowers Caribou mine guidance

By: Mariaan Webb     23rd October 2018 TSX-listed Trevali Mining has lowered its zinc and lead production guidance for the Caribou mine in Bathurst, New Brunswick, but the company remains on track to achieve its consolidated zinc production guidance. The Caribou mine’s zinc guidance has been lowered from a range of 86-million to... 

Euro Steel

23rd October 2018 Part of AFMETCO Group of Companies, Euro Steel has evolved into one of South Africa’s largest stainless steel, special steels, aluminium and other corrosion-resistant materials distributors and exporters. The company operates predominantly in all major cities in South Africa, but also has... 

DBSA awarded funding to create R2bn climate finance facility 

By: African News Agency      22nd October 2018 The Development Bank of Southern Africa (DBSA) announced on Monday that it has been awarded funding of R795-million to establish a R2-billion Climate Finance Facility (CFF) focusing on infrastructure projects and businesses that mitigate or adapt to climate change.  The DBSA received funding from... 

Paladin revenue drops sharply as Namibia mine shuts down

By: Esmarie Iannucci     19th October 2018 ASX- and TSX-listed Paladin Energy has reported $6.6-million in revenue for the quarter ended December, from the sale of 267 423 lb of uranium oxide (U3O8). The quarterly sales results compared with the $23.6-million in revenue generated from the sale of 1.14-million lb U3O8 in the previous... 

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