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Zanaga upbeat on iron-ore market fundamentals

By: Anine Kilian     22nd September 2017 Although the global iron-ore market continues to demonstrate better-than-expected fundamentals from a demand perspective, particularly in relation to pricing for higher-quality products, Aim-listed Zanaga Iron Ore remains concerned about the continuing build-up in Chinese iron-ore port stocks. In... 

African ports define development roadmap for 2018 and beyond

     22nd September 2017 Over 20 African ports authorities, terminal operators and Ministries of Transport convene in Durban, South Africa this October for strategic think-tank discussions around port optimisation and modernisation across the region.  The African Ports Evolution initiative sets the backdrop for the... 

Maintenance and rehabilitation – putting African Rail back on track

     22nd September 2017 After a period of decline, Rail in the developed world has made a significant comeback to mature in a vibrant sector. With a few exceptions, Rail in Africa lag behind due to poor or even non-existence of rail maintenance and rehabilitation with the result of an outdated infrastructure – in some... 

“Best of the Best” primed for the 2017 Engen Champ of Champs

     22nd September 2017 The top under-17 football teams from across South Africa will soon lock horns in a fierce battle to determine which club can call themselves the “best of the best.” The 2017 Engen Champ of Champs will kick off at the University of Pretoria on Thursday, 5 October with the champions being crowned... 

World Bank blames lack of innovation for South Africa’s dismal productivity performance 

By: Terence Creamer     19th September 2017 The World Bank’s tenth and latest South Africa Economic Update points to serious weaknesses in the area of domestic innovation, which it says lies at the heart of a worrying divergence in the country’s productivity performance when compared with both advanced economies and the country’s Brics... 

Nelson Mandela Bay chamber says 19.9% power hike would be ‘crippling’

By: Terence Creamer     15th September 2017 The Nelson Mandela Bay Business Chamber has expressed extreme disappointment with Eskom’s application for a 19.9% tariff increase from April 1, 2018, warning that such a hike would be “crippling” to business and the economy. Should the increase be approved it could translate to a 27.5% municipal... 

IDC confident BAIC’s Coega plant will begin production in mid-2018

By: Irma Venter     15th September 2017 It has been a year since Chinese vehicle manufacturer Beijing Automotive Group (BAIC) and South Africa’s Industrial Development Corporation (IDC) broke ground on a new vehicle assembly plant in the Coega Industrial Development Zone (IDZ), near Port Elizabeth. BAIC is the major shareholder in the... 

New retail development to open in Walvis Bay

By: Mia Breytenbach     15th September 2017 The new R500-million Dunes Mall in Walvis Bay, Namibia, is in the final stages of completion, with its doors set to open next month. The mall is developed by South African property developer and investor Atterbury, in partnership with local developers Tradehold. 

The six major economies reaffirm their commitment to free trade

By: Keith Campbell     15th September 2017 Leaders of six of the world’s ten biggest economies have reaffirmed their support for free trade, at two high level meetings held in Asia recently. The countries concerned are Brazil, China, India, Japan, Russia and the UK. In terms of gross domestic product (GDP) measured in purchasing power... 

Tidal turbine plant project, France

By: Sheila Barradas     15th September 2017 The Tidal turbine plant project will ensure the assembly and maintenance of the tidal turbines for the Normandie hydroproject.  

Welding key in driving economic growth

By: Nica Schreuder     15th September 2017 Welding has been dubbed the “miracle career” by Johannesburg-based training institute, the Southern African Institute of Welding (SAIW), owing to the number of opportunities associated with it. Manufacturing is essential for economic growth and with welding forming a significant part of... 

Sizeable limonite find exposes Horizonte to burgeoning EV market

By: Samantha Herbst     14th September 2017 Brazil-focused nickel development company Horizonte Minerals on Thursday reported sizeable limonite mineral resources at its Araguaia nickel project, which exposes the Aim- and TSX-listed company to the fast-growing nickel/cobalt electric vehicle (EV) battery market. Limonite is treated to... 

Ethiopia mulls new potash partner as failed deal is arbitrated

By: Bloomberg     14th September 2017 Ethiopia is considering finding a new partner to develop a potash mine abandoned last year by Israel Chemicals, which has sought compensation at an arbitration court after accusing the government of failing to support the project. Several companies are interested in developing potash deposits in... 

South Johnstone work programme approved

By: Esmarie Swanepoel     13th September 2017 The Queensland Department of Natural Resources and Mines has formally approved the works programme for the South Johnstone bauxite project. The approval comes after ASX-listed project developer Queensland Bauxite received approval from the Department of Environment and Heritage Protection for... 

China steel, iron-ore climb as traders restock for peak season

By: Reuters     13th September 2017 Iron-ore futures in China jumped more than 2% on Wednesday, rising with steel prices for a second day as traders build stocks to cash in on the peak season for demand in the world's top steel market. Chinese steel demand picks up in September and October after the summer lull as construction... 

Engen Penford puts Uitenhage on the World map

     12th September 2017 ‘Donating the Most Units of Blood in One Day by a Town’ is the title category that Engen Penford, Uitenhage has applied for in an attempt to set a new Guinness World Record.   The record breaking is set to take place on Friday, 6 October 2017 from 09h00 until 18h00. Nelson Mandela Bay Metro... 

Trends in commercial property and the changing nature of risk

     8th September 2017 Pieter van den Berg – Commercial Segment Lead, Eaton Africa Region The business and commercial property landscape is changing as a result of mass urbanisation and population growth, in fact 64.3% of the current South Africa population lives in urban areas. As a result buildings are now being... 

Port Hedland iron ore exports to China up 11% in August -Pilbara Ports

By: Reuters     8th September 2017 Iron-ore shipments to China from Australia's Port Hedland terminal rose 11% to 35.7-million tonnes from 32.03-million tonnes in July, port data released on Friday showed. Overall August iron-ore shipments from the world's biggest export terminal for the steelmaking raw material increased to... 

BAIC vehicle manufacturing plant project, South Africa

By: Sheila Barradas     8th September 2017 It has been a year since the Beijing Automotive Group Corporation and the Industrial Development Corporation broke ground on a new vehicle assembly plant in the Coega Industrial Development Zone. 

Company champions enterprise development in fledgling waste industry

By: Nadine James     8th September 2017 Skills and socioeconomic development company Bosch Ulwazi launched the first phase of its three-year Enterprise and Supplier Development (ESD) programme in KwaZulu-Natal, in July. The Petroleum and Waste Recycling programme will assist in developing five businesses that will offer products and... 

Contract awarded for Kenya’s first expressway

By: John Muchira     8th September 2017 US company Bechtel International has been awarded the construction contract for Kenya’s first expressway, which has been dubbed one of the most important new pieces of infrastructure in the East African Community region. The 473 km high-speed expressway, connecting Nairobi, the country's capital,... 

High-quality weld preparation for oil and gas industry

     8th September 2017 Orbital cutting and bevelling machines for high-purity piping from international weld preparation products supplier EH Wachs are now available in South Africa from industrial equipment supplier Dowson & Dobson Industrial, a division of Actum Industrial, to serve the unique needs of the oil and... 

Infrastructure expansion will boost oil rig traffic

     8th September 2017 South African ports are projected to receive an injection of almost R44.4-billion over the coming five years from State-owned logistics operator Transnet, which will increase the number of oil rigs docking for maintenance and repairs in South Africa, says defence and security solutions supplier... 

Low-skilled labour plan could provide solution to unemployment challenge

By: David Oliveira     8th September 2017 Industrial research and development engineering company Greville Wood Developments (GWD) is awaiting funding to recreate a 1986 manufacturing proof study and farming plan, called the Warrenton Plan, which could collectively create about 2 300 jobs in Warrenton, in the Northern Cape, then rolled... 

Port Augusta Renewable Energy Park – Stage 2, Australia

By: Sheila Barradas     8th September 2017 DP Energy is building a solar photovoltaic and energy storage project in Port Augusta. 

Western Cape independent fuel storage and distribution project, South Africa

By: Sheila Barradas     8th September 2017 The Western Cape independent fuel storage and distribution project was officially opened at the end of August. 

Anaconda infrastructure gets major boost with approval of Pine Cove in-pit tailings storage

By: Henry Lazenby     7th September 2017 Eastern Canadian gold producer Anaconda Mining is set to ramp up the mining rate at its Point Rousse project’s Pine Cove pit, after the Newfoundland and Labrador Department of Natural Resources approved a plan to use the nearly depleted pit as a tailings storage facility. Anaconda had previously... 

Northern Mozambique Logistics Alliance Launched

By: Creamer Media Reporter      7th September 2017 Subtech Mozambique, Alpha Logistics and LBH Mozambique have recently signed an MoU to enhance their suite of services in Mozambique to be able to offer a holistic logistics and services solution starting specifically with activities in and around the small but strategically located port of... 

Heron completes first part of financing

By: Esmarie Swanepoel     7th September 2017 Base metals developer Heron Resources has completed a A$141-million equity funding package, as part of its greater A$240-million funding to develop the Woodlawn zinc/copper project, in New South Wales. The company on Thursday said that the equity funding included a A$104-million cornerstone... 

China to loan Guinea $20bn to secure aluminium ore

By: Reuters     7th September 2017 China agreed on Wednesday to loan Guinea $20-billion over almost 20 years in exchange for concessions on bauxite, an ore of aluminium which the West African country has in abundance, the mines minister said. The projects guaranteed by the loan included China Power Investment Corp's (CPI) planned... 

Africa’s transport leaders drive free trade agenda

     6th September 2017 National development across Africa continues to support the commitment undertaken by the 54 members of the African Union in Addis Ababa, Ethiopia in November 2016 to create a continent-wide free trade area.  At the helm of this initiative is Africa’s transport sector, taking continuous strides to... 

China Railway shares its experience in operating heavy haul trains

By: Kim Cloete     5th September 2017 China’s national rail operator China Railway has outlined its experience in safety and technology tests in developing a 30 000 t heavy haul train, which passes through 13 cities on the country’s Daqin railway line. China Railway Transportation Bureau deputy director general Shen Ruiyuan said the... 

Bamin inks MoU to develop Brazil-based iron-ore project

By: Schalk Burger     4th September 2017 Diversified resources producer Eurasian Resources Group’s (ERG’s) wholly owned Brazilian subsidiary, Bahia Mineração (Bamin), has signed a memorandum of understanding (MoU) with the Brazil state of Bahia and a consortium of Chinese companies to develop a $2.4-billion integrated mining and... 

BAIC Eastern Cape plant on track, says IDC

By: Irma Venter     4th September 2017 It has been a year since Chinese vehicle manufacturer Beijing Automotive Group (BAIC) and South Africa’s Industrial Development Corporation (IDC) broke ground on a new vehicle assembly plant in the Coega Industrial Development Zone (IDZ), near Port Elizabeth. BAIC is the major shareholder in the... 

South Africa has insufficient skills for development of a shale gas industry

By: Anine Kilian     1st September 2017 There are insufficient skills in South Africa to support the development of a shale gas industry, South African National Energy Association secretary general Dave Wright said at a national shale gas conference, in Port Elizabeth, on Friday. He noted that the country had a small and limited... 

Government certainty needed for successful shale gas exploration in South Africa

By: Anine Kilian     1st September 2017 Government must make a clear-cut decision on whether or not to proceed with shale gas exploration in the Karoo, University of Cape Town Institute of Marine and Environmental Law's Professor Jan Glazewski said on Friday. Speaking to Engineering News Online on the sidelines of a national shale gas... 

Aim-listed miner developing Moz limestone project and associated forestry, tourism operations

By: Keith Campbell     1st September 2017 Mozambican newspaper “Diário de Moçambique”, which is published in the port city of Beira, capital of Sofala province, has reported that the TCT–Indústrias Florestais (TCT-IF) company is to invest $3-million into its Catapu limestone project. The newspaper cited TCT-IF manager James Whaite as its... 

LPG production steady and in demand, says supplier

By: Marleny Arnoldi     1st September 2017 In the past unscheduled shutdowns affected South Africa’s liquefied petroleum gas (LPG), but this year, local production is steady, says LPG supplier Easigas. Easigas commercial technical manager Dave de Wit points out that supply should improve, considering the development of terminal facilities... 

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