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Worldwide Orders Make For Bullish Mood

4th June 2018 Condra has received an order for a further overhead crane from Kamoto Copper Company, the copper and cobalt mine in the south of the Democratic Republic of Congo. It is the eighth machine to be ordered by Kamoto Copper from Johannesburg-headquartered Condra in just over a year and, like its... 

AfriTin starts civil construction works on Uis mine’s processing plant

By: Simone Liedtke     4th June 2018 Phase 1 of the civil works construction on the processing plant at Aim-listed AfriTin Mining’s flagship Uis mine, in Namibia, is targeted for completion in the third quarter of this year. Phase 1 is designed to process 500 000 t/y. 

Weatherly shares suspended as water ingress at Tschudi creates uncertainty

By: Anine Kilian     1st June 2018 Aim-listed Weatherly International has requested a suspension in the trading of its shares, effective Friday, owing to the uncertain position of its Namibia-based Tschudi mine, as a result of significant water ingress.  The Tschudi openpit mine had recently experienced a rapid increase in... 

Event to inspire industry to think differently – organisers

By: Jessica Oosthuizen     1st June 2018 Global events company Terrapinn will host the twenty-first annual Africa Rail exhibition and conference at the Sandton Convention Centre, in Gauteng, on June 12 and 13, which it believes will encourage the African railway industry to innovate and think differently. Africa Rail is the meeting... 

Investing in returns, not in debt

By: Riaan de Lange     1st June 2018 Data from the JSE, released on May 18, revealed that, since the beginning of the year, investors had sold R493-billion worth of South African bonds and bought bonds valued at R485-billion. It is worth mentioning that bonds are a debt instrument. For the week ending May 18, investors had disposed... 

Paratus chooses Mapcom Systems for African fibre network infrastructure management

31st May 2018 Mapcom Systems, a global leader in visual OSS and BSS software solutions for telecommunications service providers, has announced that Paratus Africa has begun the implementation of Mapcom’s M4 Solutions Suite to accelerate the service fulfilment process and manage the planning, buildout, and... 

Trevali appoints new CFO

By: Anine Kilian     31st May 2018 Gerbrand van Heerden has been appointed CFO of zinc-focused base metals company Trevali, taking over from outgoing CFO Anna Ladd-Kruger, effective June 1. “Van Heerden’s extensive base metals and finance experience will provide a solid foundation to the company as it continues to evolve into a... 

Namibia Rare Earths changes name to reflect broader commodity base

By: Anine Kilian     30th May 2018 TSX­-V-listed Namibia Rare Earths has changed its name to Namibia Critical Metals. “The company changed its name to more accurately reflect the recently expanded commodity base from solely rare earths to include a variety of highly critical commodities, including cobalt, copper, vanadium, zinc,... 

B2Gold opens 7 MW solar farm at Namibia mine

By: Marleny Arnoldi     30th May 2018 Gold producer B2Gold Namibia on Wednesday celebrated the opening of the B2Gold Otjikoto solar farm, in the Otjozondjupa region.  

Rope access, drone combo for Tsumeb Namibia maintenance project

28th May 2018 Skyriders has carried out routine inspections of two smokestacks and one cooling tower using a highly successfully combination of rope access and Remotely-Piloted Air System (RPAS) drones for client Dundee Precious Metals at the Tsumeb Namibia mining operation. The drones completed a general... 

Paladin mothballs Namibia uranium mine

By: Esmarie Iannucci     25th May 2018 Dual-listed Paladin Energy on Friday confirmed that its Langer Heinrich uranium mine, in Namibia, was being placed on care and maintenance, but said that the low-cost openpit operation would be one of the first to resume production when the uranium market normalised. Paladin in April said that... 

Electric vehicles seen driving cobalt crunch by mid-2020s

By: Reuters     25th May 2018 The increasing popularity of electric vehicles may create a crunch for supplies of cobalt in the early-to-mid 2020s, miners and analysts say, adding that small operators trying to start up mines outside Africa could play a bigger role over time in satisfying demand for the metal used in... 

Africa Day – 55 years on

By: Martin Zhuwakinyu     25th May 2018 As you read this piece, I am probably putting together the next instalment or doing whatever else my job description demands I should be doing each weekday. But colleagues in countries such as Ghana, Lesotho, Mali, Namibia, Zambia and Zimbabwe are probably braai-ing in their backyards or engaging... 

Colas South Africa

25th May 2018 Colas South Africa is a company focused on innovative road surfacing products and technology. A subsidiary of the Bouygues Group, the international Colas Group, headquartered in France, is a world leader in the construction and maintenance of transport infrastructure, operating in 50 countries... 

AfriTin seeks to raise £5.5m in share placement

By: Marleny Arnoldi     23rd May 2018 Aim-listed tin development company AfriTin Mining hopes to raise £5.5-million in an accelerated bookbuild to fast-track the work programme at its flagship Uis mine, in Namibia.  

Gamsberg producing by mid-year – Vedanta

By: Martin Creamer     23rd May 2018 The Gamsberg zinc project in South Africa’s Northern Cape is on track with production expected by the middle of this year, the London-listed, India-rooted Vedanta Resources said on Wednesday, when it reported higher revenue and profits and lifted its dividend yield for the year to 6%. Current... 

Innosun’s Namibian Wind Farm Lifted By Johnson Renew

18th May 2018 The Ombepo Wind Farm, the first wind farm to be constructed in Namibia, is situated just outside Luderitz, Southern Namibia and is designed to inject 5 MW into the national grid managed by NamPower, the national utility. The wind farm was built by InnoSun Energy Holdings (Pty) Ltd who secured the... 

Africa’s air traffic liberalisation journey continues, after 30 difficult years

By: Rebecca Campbell     18th May 2018 In November 1988, the Ministers responsible for civil aviation in 40 African countries agreed a declaration on a new African air transport policy. This was immediately designated the Yamoussoukro Declaration, after the city in which it was adopted (the capital of Ivory Coast). Among other things,... 

Africa’s air traffic liberalisation journey continues, after 30 difficult years

By: Rebecca Campbell     18th May 2018 In November 1988, the Ministers responsible for civil aviation in 40 African countries agreed a declaration on a new African air transport policy. This was immediately designated the Yamoussoukro Declaration, after the city in which it was adopted (the capital of Ivory Coast). Among other things,... 

Desert Lion sets price for flotation plant development in Namibia

By: Simone Liedtke     17th May 2018 The Phase 1 flotation plant at TSX-listed Desert Lion Energy’s Namibian lithium operations is estimated to cost about C$7-million. The plant, with a processing capacity of between 350 000 t/y and 400 000 t/y, will be used to process the fines from the historic run-of-mines stockpiles at Desert... 

Fuchs Lubricant opens new grease manufacturing plant in Gauteng

By: Marleny Arnoldi     16th May 2018 Lubricants specialist Fuchs Lubricants South Africa (Fuchs SA), together with its parent company Fuchs Petrolub, on Wednesday launched a R125-million grease manufacturing plant at its factory, in Isando, Gauteng. The plant will allow Fuchs to manufacture specialty greases for the local market, as... 

Vedanta appoints Deshnee Naidoo as Africa Base Metals CEO

By: Simone Liedtke     16th May 2018 Deshnee Naidoo has been appointed as CEO of Vedanta Resources’ Africa Base Metals, an entity through which its zinc and copper assets in South Africa, Zambia and Namibia will be managed. Naidoo’s appointment signals Vedanta group’s ongoing commitment to enhancing its African operations and is... 

Gordhan outlines his plan for the ‘recapture’ of South Africa’s SoCs

16th May 2018 The full text of Public Enterprises Minister Pravin Gordhan’s Budget Vote speech to Parliament on May 15. In it, the Minister warns that it has become evident that several State-owned companies (SOCs) will not be able to trade and borrow their way out of their financial difficulties and that some... 

Transnet to review tenders, expand petrochemicals capacity at East London port

By: Marleny Arnoldi     14th May 2018 More than 100 attendees representing 97 companies have shown a keen interest in the Port of East London’s plans to recommission an existing tank in the port for handling of liquid bulk and to introduce a liquid bulk terminal through a 25-year port concession awarded to a private entity, says... 

Calgro M3 confident of securing longer-term working capital

By: Marleny Arnoldi     14th May 2018 Property developer Calgro M3 reported a worse-than-expected financial performance for the year ended February 28, owing to challenging political and associated economic conditions, as well as delays in raising working capital.  

Port of East London to expand its petroleum footprint

14th May 2018 More than 100 attendees representing 97 companies have shown keen interest in the Port of East London’s plans to recommission an existing tank in the port for handling of liquid bulk and to introduce a liquid bulk terminal through a 25-year port concession awarded to a private, empowered entity.... 

Trevali revenues rise 187%, Q1 earnings miss on Perkoa freight timing

By: Henry Lazenby     11th May 2018 Pureplay zinc producer Trevali Mining has reported adjusted earnings a share of $0.04, missing average analyst earnings forecasts by a penny, on lower-than-expected sales from the Perkoa mine, in Burkina Faso, mainly owing to freight timing at the Port of Abidjan, in Côte d’Ivoire.... 

On-The-Air (11/05/2018) 

By: Martin Creamer     11th May 2018 The big new Indian shareholder in Anglo American is calling on the London-listed company to accentuate its South Africa link. Africa’s most successful gold mining company this week warned that gold mining is running the risk of becoming an irrelevant investment destination. Mapungubwe head Joel... 

First use of drone for inspection in Namibia

By: Tasneem Bulbulia     11th May 2018 Rope access specialist Skyriders has used a drone to undertake inspection for an undisclosed mining company on its operation in Namibia, marking it the company’s first use of a drone in this regard for an African country outside of South Africa. Skyriders marketing manager Mike Zinn informs... 

Cement plant maintenance crucial

By: Jessica Oosthuizen     11th May 2018 Strategic and effective cement plant maintenance services can increase plant productivity and reduce costs, says furnace and industrial services company The Dickinson Group sales manager Brighton Mapiku. “By doing thorough cement plant maintenance, which includes proper planning, employing... 

Zest WEG Group

11th May 2018 Zest WEG Group, a subsidiary of leading Brazilian motor and controls manufacturer WEG, has a strong commitment to contributing to the development of Africa and has been servicing the mining sector on the continent for more than 35 years. An in-depth understanding of the harsh conditions found... 

General improvement in business, investor confidence good for Imperial

By: Simone Liedtke     10th May 2018 While it is still early days, the advent of new political leadership in South Africa has given rise to a general improvement in business and investor confidence, which is expected to benefit JSE-listed Imperial Holdings. The group warns, however, that despite the World Bank and Standard & Poor’s... 

Effective Stormwater Management Is Crucial

10th May 2018 Effective stormwater management can prevent pollution, flooding, erosion and damage to the environment and infrastructure.  Therefore, it makes financial sense for local municipalities to invest in products and technologies to ensure that the quality of infrastructure, be it stability and... 

The Advantages Of Precast Concrete Wingwall Units

10th May 2018 Precast concrete products offer many known advantages and Rocla’s precast concrete wingwall units are no exception. Wingwall units are used at both the inlet and outlet of a pipe system in both culvert and stormwater applications. Precast wingwall units offer the client a faster installation... 

Marenica adds to Namibia uranium portfolio

By: Esmarie Iannucci     10th May 2018 ASX-listed uranium company Marenica Energy has struck a deal with fellow listed Metals Australia to acquire the Mile 72 uranium project, in Namibia. Under the terms of the agreement, Marenica will pay A$30 000 in cash and a preferential dividend of 1% of gross production from the project.  

Agarwal encouraging Anglo to accentuate South Africa link

By: Martin Creamer     9th May 2018 Indian mining billionaire Anil Agarwal is encouraging Anglo American – in which he now holds more than 21% – to accentuate its link with South Africa, where the Vedanta Resources company he founded and chairs is successfully turning to highly positive account the zinc assets that Anglo walked... 

EBH Namibia New Shareholding

8th May 2018 The management of Elgin Brown & Hamer Namibia (EBHN), together with new minority shareholder the Elgin Brown & Hamer Consortium (EBHC) has confirmed today that a share transfer agreement has been concluded. In terms thereof, 100% of the shares held in EBHN by former shareholder the DCD Group were... 

Namibia Rare Earths stock jumps on Kunene cobalt/copper campaign

By: Henry Lazenby     8th May 2018 The TSX-V-listed stock of Canadian explorer Namibia Rare Earths (NRE) on Monday jumped nearly 20% to C$0.335 a share following news that the company is gathering momentum with a planned exploration campaign over its early-stage Kunene cobalt/copper play, in Namibia’s northern desert. “We are in... 

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