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Celsius aims to bring Namibia's first cobalt mine to production by 2020

By: Reuters     5th March 2018 Australia's Celsius Resources, which has made Namibia's first cobalt discovery, is aiming to start production from the remote mine in 2020, the company's managing director said. Cobalt is a key component in rechargeable lithium-ion batteries used in the surging electric car market but most of it... 

A proposal to the President – A six-point plan

2nd March 2018 South Africa’s minerals and mining industry faces severe headwinds. The Republic of South Africa hosts a treasure trove of geology and minerals, valued at about $2.5-trillion. Without modern exploration, prospecting and new local and foreign investment, these resources will not be developed for... 

Water preservation and treatment industry expected to grow

By: Simone Liedtke     2nd March 2018 Water preservation and treatment industries - from harvesting rainwater to the recycling of grey water and purification to potable water, as well as desalinating sea water - will vastly grow in importance globally, says Johannesburg-based valve manufacturer and supplier AVK Holding Southern... 

LOVEMORE BROS

2nd March 2018 Established in 1989 by brothers Rob and Bruce Lovemore, Lovemore Bros has become one of South Africa’s premier machine moving and rigging companies, with branches in Johannesburg, Gauteng, and Durban and Richards Bay, in KwaZulu-Natal. A family business built on a legacy of performance excellence... 

Trade agreement with the EU a boost for Western Cape exports

By: Kim Cloete     1st March 2018 The Economic Partnership Agreement (EPA) between the European Union and six countries in Southern Africa has been a boost for the Western Cape, with strong gains for the wine and fishing industries since it came into effect in October 2016.  The EPA between the EU and the Southern African Customs... 

Bosch completes Hytec takeover, strengthens African operations

By: Schalk Burger     1st March 2018 Industrial technology and equipment multinational Bosch has acquired the remaining 50% stake in Johannesburg-based industrial technology company Hytec. The company had acquired 50% of the Hytec shares in 2014. 

Big growth plans for 15-year strong company

1st March 2018 From humble beginnings in the opencast coal mines of Witbank, in Mpumalanga, fluid handling solutions provider Industrial Fluid Solutions (IFS) now boasts distribution across South Africa, through a network of resellers.  Focused on servicing the mining sector, IFS intends to build its presence... 

Paladin posts loss as sales revenue falls as output costs rise

By: Mariaan Webb     28th February 2018 Uranium producer Paladin Energy posted a net loss for the six months ended December 2017, as sales revenue fell on higher production costs and lower uranium prices. The company, which has been processing stockpiles since physical mining ceased at its Langer Heinrich mine, in Namibia, produced... 

Resounding welcome for Gwede, who declines opportunity to comment

By: Martin Creamer     27th February 2018 New South African Mineral Resources Minister Gwede Mantashe has received a resounding welcome from the Chamber of Mines of South Africa, Business Leadership South Africa (BLSA) and mining luminaries. The Chamber of Mines of South Africa has welcomed the appointment of Mantashe, 62, describing him... 

Passenger traffic at South African airports holds steady in Q4

By: Anine Kilian     26th February 2018 Growth in passenger numbers at South Africa’s nine airports held steady at just over 3% in the fourth quarter of 2017, with nearly 11-million arriving and departing passengers using South Africa's main airports during the quarter. This is according to the Airports Company South Africa’s (ACSA’s)... 

Bidvest appoints new CFO, H1 headline earnings increase 13.4% y/y

By: Simone Liedtke     26th February 2018 Despite continued economic headwinds, South African services, trading and distribution company Bidvest achieved a 13.4% year-on-year increase in headline earnings for the six months ended December 31, to R1.9-billion, while headline earnings a share increased by 12.5% year-on-year to 574c.... 

A Recent acquisition by Sanitech, a division of Waco Africa, has increased its ability to meet customer needs as well as expand its footprint further into Africa.

23rd February 2018 Rent-A-Toilet’s Namibian operations were integrated into Sanitech as from October 2017. This acquisition allows Rent-A-Toilet great opportunities for both employees and customers, while increasing Sanitech’s footprint into Namibia. Sanitech, known as Kwikform in Namibia, has made in-roads into... 

Finland takes top spot for mining-friendly investment 

By: Henry Lazenby     23rd February 2018 Finland has ousted Saskatchewan as the top international jurisdiction for mining investment, Canada's Fraser Institute announced on Thursday. Canada's leading independent think-tank, the Fraser Institute, administers its Annual Survey of Mining Companies and ranks jurisdictions around the world... 

Kudos for Liberia’s Johnson Sirleaf

By: Martin Zhuwakinyu     23rd February 2018 In  a recent instalment of this column, I waxed lyrical about former Liberian President  Ellen Johnson Sirleaf, highlighting how she had restored peace to the country, which had been ravaged by an interminable civil war, crowded in much-needed donor finance to rebuild its dilapidated... 

African projects require integrated delivery models

By: Nadine James     23rd February 2018 The integrated delivery model is the best means of realising complex, multidisciplinary projects in Africa timeously, says AECOM Civil infrastructure MD Darrin Green. This is primarily because the market in Africa is less mature and project developers frequently have to deal with challenges when... 

De Beers sets higher output target for 2018

By: Simone Liedtke     22nd February 2018 Global diamond miner De Beers has set a production target of as high as 36-million carats for 2018. In its 2017 results announcement the Anglo American subsidiary reported a production guidance of 34-million carats to 36-million carats, which compares with 33.45-million carats produced in 2017. 

Restructured Anglo American reaps benefits, posts solid FY17 results

By: Simone Liedtke     22nd February 2018 After an extensive restructuring, diversified miner Anglo American raised its dividend for the 2017 financial year to $1.02 a share - its highest dividend in nearly a decade. The "fundamentally different business" nearly halved its debt to $4.5-billion and doubled its free cash flow by 93% to... 

Latest acquisition extends Concord Cranes’ reach in Namibia

21st February 2018 Concord Namibia, which forms part of the Concord Cranes Group, has expanded its geographical reach in Namibia through the strategic acquisition of a Walvis Bay-based company. Concord Cranes recently acquired Walvis Bay-based plant hire company Rent-A-Plant Namibia, a Namibian based-and-run... 

I-CAT offers end-to-end integrated dust-management solutions

21st February 2018 I-CAT offers highly-effective dust-suppression systems for mines, based on extensive research and development, coupled with affordability. Thus it is able to provide end-to-end integrated dust-management solutions that comply with all relevant industry regulations and standards. I-CAT has... 

M&R committed to deliver sub-Saharan power and water prospects as mega-project era draws to close 

By: Creamer Media Reporter      16th 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... 

Country-specific hazards emerge during self-driving car’s world tour

By: Irma Venter     16th February 2018 It may surprise the taxi haters, but South Africa is not the most challenging country to sit behind the wheel of a vehicle in self-driving mode. The winner is China, with its sometimes erratic cyclists, lack of lane markings and confusing traffic signals. Mercedes-Benz at the end of last year... 

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... 

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... 

African Tantalum sends fourth tantalum shipment to customer

By: Anine Kilian     9th February 2018 African Tantalum (Aftan) has sent the fourth shipment of high-purity tantalum from its Namibia Tantalite Investment mine to a North American tantalum consumer and end-user of tantalum ore. Aftan, which is a subsidiary of Aim-listed Kennedy Ventures, on Friday said it has made significant progress... 

Wacker Neuson SA signs exclusive partnership agreement with Namibian dealer - IBS

9th February 2018 On Tuesday 28th November 2017 Wacker Neuson South Africa signed an exclusive partnership agreement with long-standing Namibian dealer, Industrial Building Supplies & Plant Hire (IBS). The agreement positions IBS as the exclusive supplier of Wacker Neuson light construction and compact equipment... 

De Beers diamond venture puts Namibian mine on sale

By: Reuters     9th February 2018 Namdeb, a 50/50 joint venture between the Namibian government and Anglo American's diamond unit De Beers, has put the Elizabeth Bay Mine on sale, a company spokesperson said on Friday. The sale comes three weeks after the diamond miner wrote to staff offering voluntary redundancies that will... 

Employees electing not to join medical aid schemes a concern

By: Paige Müller     9th February 2018 Construction and civil engineering industry professionals are reluctant to join medical aid schemes, citing monetary concerns as a primary deterrent. The Building and Construction Industry Medical Aid Fund (BCIMA) states that this is a concerning trend, given the number of work-related injuries... 

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... 

Paladin on track to relist on the ASX

By: Anine Kilian     7th February 2018 Uranium miner Paladin Energy on Wednesday said it had not received an appraisal notice from China National Nuclear Corporation (CNNC) Overseas Uranium Holdings (COUH), regarding the purchase of Paladin’s share in Langer Heinrich Mauritius (LHMHL), the holding company of the Langer Heinrich mine,... 

2018 presents best prospects in a decade for African mining – Standard Bank

By: Anine Kilian     6th February 2018 Sustained commodity price growth and reduced costs are likely to present Africa’s mining sector with the best prospects in over a decade. “The centrality of mining to the development of the continent means that 2018 is likely to be a watershed year in Africa’s ongoing growth story,” Standard Bank... 

De Beers eyes Zimbabwe, Congo after gaining South African permits

By: Bloomberg     6th February 2018 De Beers may follow its resumption of exploration for diamonds in South Africa’s Northern Cape by looking in the longer term at opportunities in countries like Zimbabwe and the Democratic Republic of Congo. "I’m excited about what I’m seeing in Zimbabwe," said Phillip Barton, chief executive... 

Weatherly buys additional 65% of Berg Aukas project

By: Simone Liedtke     5th February 2018 Aim-listed Weatherly International has entered into a binding agreement to increase its ownership of private Namibian company China Africa Resources Namibia (CARN) from 25% to 90%. CARN, which owns 100% of the high-grade Berg Aukas underground zinc/lead/vanadium project near Grootfontein, in... 

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.  

Strong zinc output from Black Mountain, Skorpion – Vedanta

By: Martin Creamer     2nd February 2018 Diversified mining company Vedanta Resources said on Friday that its Vedanta Zinc International subsidiary had delivered strong zinc production at Black Mountain in the Northern Cape and at Skorpion in Namibia in the three months to the end of December, and that the $400-million Gamsberg zinc... 

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... 

Paladin to return to ASX, most shares in hands of creditors

By: Mariaan Webb     2nd February 2018 Uranium miner Paladin Energy will apply for its securities to be reinstated to official quotation on the ASX, the Australia-based company said on Friday, announcing the completion of its restructuring and the appointment of two new directors. With the deed of company arrangement (DOCA) effected,... 

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... 

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