R/€ = 15.48 Change: 0.09
R/$ = 13.16 Change: 0.13
Au 1284.50 $/oz Change: -1.61
Pt 977.00 $/oz Change: -2.00

Press Office - Stalcor


Established in 2001, with the management buyout of Dorbyl’s metal trading divisions, the Stalcor’s success is built on the acquisition of Baldwins Steel and Stalcor. These two long established market leaders jointly offer a range of metal products and distribution channels. The company, which has been an official local distributor for Columbus Stainless since 1994, has recently strengthened its ties with the local mill. its on-going support to the new Stalcor. Columbus’s Bertus Griesel says: “Columbus Stainless is encouraged by the strategic focus of Stalcor. It’s shareholders, investors and staff have certainly demonstrated tenacity and we look forward to forging a bond with the ‘new’ Stalcor for the benefit of the entire domestic market.


Asian giant proceeds with latest nuclear expansion project with Russia

By: Keith Campbell     18th August 2017 The ASE Group of Companies, a subsidiary of Russia’s State-owned Rosatom nuclear energy group, has announced that key contracts for Stage III of India’s Kudankulam nuclear power plant (NPP) had been signed on the last day of July. The contracts cover priority design work, and working design and... 

Machines, tools prepare steel pipes for successful welding

By: Victor Moolman     18th August 2017 Portable pipe-cutting split frames and orbital welding tools complement each other in the steel pipe construction industry because the split frames are used to prepare pipes for the welding procedure, says industrial product supplier Actum Industrial. 

South Africa supplying critical medical radioisotope to 50 countries

By: Keith Campbell     18th August 2017 South African nuclear company NTP Radioisotopes (NTP), a subsidiary of the State-owned South African Nuclear Energy Corporation (better known as Necsa), has increased its production of, and its share in the global market for, the Molybdenum-99 (Mo-99) radioisotope, the company announced recently.... 

Thanks, Mr Trump, for introducing the concept of fake news

     18th August 2017 There is certainly one thing that US President Donald Trump has given to the world, and that is the concept of fake news. I watched, in real time, Trump’s media interaction in which he first used the term.  That media interaction was scheduled to last for 20 minutes; it went on for 75 minutes.... 

India, Iran talks on Farzad B gasfields near breaking point 

By: Ajoy K Das     16th August 2017 The protracted negotiations between India and Iran on the Farzad B gasfields have come to a halt following a hardening of stance by both countries. No top level talks between officials of India and Iran have been held since the expiry of the last deadline of February, but official written... 

Technology set to unleash mining innovation – Anglo’s O’Neill

By: Martin Creamer     16th August 2017 In the next ten years, technology is set to unleash a wave of mining innovation, with the sweet spot centred on changing the thinking around orebodies and processing plants rather than much-spoken-about automation. “Our focus has changed from hunting technologies to hunting value,” Anglo American... 

Despite delay, US expected to impose steel tariffs

By: Reuters     15th August 2017 US President Donald Trump is still expected to impose steel import tariffs on national security grounds despite the delay of a probe into the matter and pursuit of multilateral talks to reduce excess capacity, industry players and trade experts say. US steel stocks have fallen nearly 10% since... 

Russian bank sees gold jumping to $1 400 on world tension

By: Bloomberg     14th August 2017 Gold prices are set to jump to a four-year high of $1 400/oz by the end of the year over mounting tensions between North Korea and the US, and surging demand in the world’s biggest consumers, according to the head of precious metals at a Russian investment bank. Bullion could rise to $1 360/oz... 

There's a key to lithium's future inside a shipping container

By: Bloomberg     11th August 2017 The world’s biggest miners’ determination to muscle into the burgeoning  battery market stepped up a notch with  Rio Tinto Group reporting breakthroughs in cracking the technology needed to unlock its giant lithium project in Serbia that could meet 10% of global demand. Tests at a research... 

Amid growing water worries, desalination option enters SA’s supply debate 

By: Dylan Slater     11th August 2017 Scarce surface water resources in South Africa are threatening the availability of potable bulk water, which is also coming under strain because of growing suburban areas and increased demand from consumers. The recycling of wastewater to ensure long-term sustain- ability has been posited as the... 

Amid growing water worries, desalination option enters SA’s supply debate

By: Dylan Slater     11th August 2017 Scarce surface-water resources in South Africa are threatening the availability of potable bulk water, which is also coming under strain because of growing suburban areas and increased demand from consumers. The recycling of wastewater to ensure long-term sustainability has been posited as the... 

Trump is said to be 'really interested' in payments for coal use

By: Bloomberg     10th August 2017 West Virginia Governor Jim Justice said Donald Trump is “really interested” in his plan to prop up Appalachian mining by giving federal money to power plants that burn the region’s coal. Justice, a coal and real estate mogul elected governor last year as a Democrat, announced at a West Virginia... 

Gold jumps to eight-week high as nuclear spat fuels haven demand

By: Bloomberg     9th August 2017 Gold climbed to the highest since mid-June, pushing up mining-company shares amid military tensions between the US and North Korea. Equities slid and the Swiss franc and some developed-market government bonds advanced as President Donald Trump threatened North Korea with “fire and fury”... 

Zuma is said to consider dropping Minister Zwane if he wins vote

By: Bloomberg     8th August 2017 South African President Jacob Zuma is considering making changes to his Cabinet if he survives a motion of no confidence in Parliament, according to two officials of the ruling African National Congress who have knowledge of the matter. Minerals Resources Minister Mosebenzi Zwane, Energy Minister... 

Sunrise Energy's R1bn LPG storage facility to boost energy security, downstream competition

By: Anine Kilian     7th August 2017 Sunrise Energy's R1.02-billion open-access liquefied petroleum gas (LPG) import and storage terminal, in Saldanha Bay, in the Western Cape, will enable the import of LPG in large quantities, boosting regional energy security and increasing downstream competition. The facility, which is Africa's... 

South Africa grows share of global nuclear medicine market

     4th August 2017 Following the exit of a Canadian producer of key medical radioisotope molybdenum-99 (Mo-99), South African company NTP Radioisotopes has stepped into the supply gap and increased its global market share.   The global nuclear medicine market, which includes radioisotopes and medical equipment, was... 

Kusile power plant project, South Africa

By: Sheila Barradas     4th August 2017 The project continues to closely manage contractor productivity. 

South Africa’s radioisotopes company shines globally

By: Keith Campbell     3rd August 2017 South African nuclear company NTP Radioisotopes (NTP), a subsidiary of the State-owned South African Nuclear Energy Corporation (better known as Necsa), has increased its production of, and its share in the global market for, the Molybdenum-99 (Mo-99) radioisotope, the company announced on... 

Positive signals herald increased US reliance on nuclear as part of renewables mix

By: Henry Lazenby     28th July 2017 Changing global macroeconomic trends are increasingly making more space for nuclear power to support renewable energy roll-outs, boding well for the uranium market, which has been dealing with unsustainably low prices for nearly a decade, according to former US secretary of energy and current... 

Cameco settles US tax spat, 2017 outlook weakens

By: Henry Lazenby     28th July 2017 Canadian uranium producer Cameco has reached a settlement with the US Internal Revenue Service for the tax years 2009 to 2012, bolstering the company’s position that its transfer pricing arrangements are appropriate. The settlement agreement results in a cash tax payment of about $122 000, which... 

African countries embrace alternative energy sources

     28th July 2017 With African governments realising that long-term power solutions will not come in the form of one technology, South Africa’s Department of Energy is advocating advances in coal, renewable energy, gas and nuclear technologies, says global engineering, procurement, construction and consulting... 

Coega IDZ preferred location for the gas to power programme

By: Nica Schreuder     28th July 2017 The Coega Industrial Development Zone (IDZ) has initiated an environmental impact study for South Africa’s gas-to-power programme, and has strategically explored the IDZ’s full potential beyond its gas power plant’s current allocation of 1 000 MW. “The foundation of South Africa’s readiness... 

Desalination will ensure enough water for farming 

By: Kelvin Kemm     28th July 2017 Some good news of the past few days has been that South Africa will once again be exporting maize. The reason is that we had good rains over the maize growing areas.  During 2015 and 2016, South Africa imported maize because of drought conditions. This year, the national Crop Estimation Committee... 

First red-seal toolmaker certificates handed over

By: Simone Liedtke     28th July 2017 The National Tooling Initiative Programme (NTIP) celebrated the milestone of handing over the first red-seal toolmaker occupational certificates to twelve graduates last month at the South African Nuclear Energy Corporation, in Pretoria. 

Gas-to-power a more favourable alternative energy source

By: Nica Schreuder     28th July 2017 The nuclear procurement programme was rejected in the High Court earlier this year and opens the way for greater advocacy around the gas-to-power programme, says oil and gas specialist Lizel Oberholzer. “The focus on nuclear energy generation has come at the cost of the development of other... 

Medupi power station project, South Africa

By: Sheila Barradas     28th July 2017 Eskom is focusing on maintaining momentum of construction progress on Units 4 to 1. 

Nuclear seen featuring alongside renewables in future energy mix

By: Dylan Slater     28th July 2017 During the yearly atomic energy forum – Atomexpo 2017 – which was held in Moscow last month, a round-table discussion featuring several energy experts agreed that a sustainable future power generation mix would almost certainly use an increased amount of nuclear energy in conjunction with... 

Rougher waters in the Indian Ocean while SA behaves like the ostrich

By: Keith Campbell     28th July 2017 To holidaymakers the Indian Ocean usually appears a balmy body of sea. But, over the horizon, out of sight, great political forces are moving across the ocean and its subsidiary seas and gulfs, creating rougher waters.  

Embattled Paladin secures new financing facility

By: Esmarie Swanepoel     24th July 2017 The administrators of embattled uranium miner Paladin Energy have secured some $40-million of additional debt, announcing on Monday that they had entered into agreements with Deutsche Bank. Under the agreements, Deutsche Bank would acquire an existing $20-million revolving credit facility from... 

Australia ships first uranium to India for testing, Bishop says

By: Bloomberg     24th July 2017 Australia has sent its first uranium shipment to India for testing purposes ahead of possible commercial sales to the nation, Foreign Minister Julie Bishop said. “I can confirm that the first shipment of uranium has taken place in mid-July, when a small sample of uranium was transferred for... 

Paladin teeters on the brink of receivership

By: Henry Lazenby     21st July 2017 Australian uranium player Paladin Energy is on the brink of receivership as its debts outweigh potential revenues. The ASX-listed miner, which will be stripped of its TSX listing on August 10, for failure to meet the exchange’s ongoing listing requirements, said on Friday that it had received an... 

Opinion: Another look at South Africa’s electricity generating options 

     21st July 2017 In this opinion article, economic risk consultant Rob Jeffrey calls for a re-evaluation for the draft Integrated Resource Plan (IRP) 2016 planned and recommended electricity mix going forward Energy is the critical component of the country’s future policy mix. Electricity is the necessary... 

Historic Russian nuclear site hosts oldest and newest nuclear technology

By: Dylan Slater     21st July 2017 During a nuclear power plant (NPP) site visit that coincided with the yearly Atomexpo 2017, which was held in Moscow last month, Russian State-owned atomic corporation Rosatom showcased its safest and most modern nuclear reactor technology to delegates at the landmark Novovoronezh NPP (NvNPP) site.  

I’m all for solar and wind energy, but only for specific situations 

By: Kelvin Kemm     21st July 2017 We have just passed midwinter’s day or, more correctly in the southern hemisphere, midwinter’s night, which, for us in the south, is the longest night of the year. In the highveld, winters are rather pleasant, largely because there is no rain. In fact, there mostly are not even clouds.  So, our... 

A pearl at a time, Fission redefines Saskatchewan’s Athabasca basin 

By: Henry Lazenby     19th July 2017 Since the November 2012 discovery of a new high-grade uranium deposit just outside the south-western corner of Saskatchewan’s famed Athabasca basin, where the world’s highest-grade uranium mines are found, explorer Fission Uranium has succeeded in stringing together new uranium discoveries “like... 

Russian nuclear giant in MoU with Africa’s young nuclear professionals

     19th July 2017 Russian energy group Rosatom today signed a Memorandum of Understanding on support and cooperation with the African Young Generation in Nuclear organisation, at the POWER-GEN & DistribuTECH Africa conference and exhibition in Sandton. Rosatom, participating in a one-day Nuclear Forum at POWER-GEN... 

Nuclear is essential to Africa’s energy mix – Rosatom 

By: Natasha Odendaal     19th July 2017 If Africa is to ensure it places itself on its expected path of becoming the future growth market of the world, nuclear energy needs to be included into its plans, as a lack of energy access is a major hurdle for the continent, Rosatom regional VP of sub-Saharan Africa Viktor Polikarpov said on... 

Nuclear is not just about energy – Niasa MD

By: Natasha Odendaal     19th July 2017 South Africa’s controversial nuclear energy plans have overwhelmingly overshadowed the more expansive, overall industry that has quietly developed in the country, which has become a world leader in nuclear medicine. Speaking at the one-day nuclear forum on the sidelines of the PowerGen Africa... 

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