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Chinese miner to start copper output in Eritrea by next year

By: Bloomberg     24th August 2018 A unit of Sichuan Road & Bridge Co. will start producing copper, zinc, gold and silver at a mine in Eritrea by early next year, helping diversify the country’s agrarian economy, a mines ministry official said. The project will add to two operating mines in the Horn of Africa nation, which is... 

Rental market, power-as-service offerings underpinning demand for generators

By: Schalk Burger     24th August 2018 A growing rental market and the provision of expert services, including electrical engineering services, is providing global generator manufacturer Himoinsa with good growth in Southern Africa, says Himoinsa Southern Africa business development director Matt Bell. The rental market provides it... 

Mathe Group ups tyre processing by 35%, grows steel exports

By: Irma Venter     24th August 2018 The KwaZulu-Natal-based Mathe Group, South Africa’s largest tyre recycler, has developed two steel by-products that are being exported to Australia and Korea in growing quantities. Dr Mehran Zarrebini, head of British investment group PFE International, which is one of the major shareholders in... 

Ford produces 500 000th Ranger in South Africa

By: Schalk Burger     24th August 2018 Ford Motor Company of Southern Africa’s (FMCSA’s) Silverton assembly plant, in Pretoria, has produced its 500 000th Ford Ranger. “The current Ford Ranger has been a remarkable success story for FMCSA, and we are delighted to have reached the 500 000 mark for this vehicle programme,” says Ford... 

Kenya expressway project hangs in the balance

By: John Muchira     24th August 2018 Construction of a $2.1-billion expressway between the Kenyan capital of Nairobi and the port city of  Mombasa hangs in the balance following a decision by President Ururu Kenyatta's government not to finance the project through debt. Instead, it has directed the contractor, US construction giant... 

Green hydrogen and renewable ammonia value chain development, Australia

By: Sheila Barradas     24th August 2018 Hydrogen Utility plans to build a 30 MW electrolysis plant and a facility for sustainable ammonia production.  

White oil products storage terminal, Ethiopia

By: Sheila Barradas     24th August 2018 Ethiopian Petroleum Supply Enterprise plans to build the country’s biggest white oil products storage terminal. 

BCI puts iron-ore assets up for sale

By: Creamer Media Reporter      23rd August 2018 ASX-listed BCI Minerals has formally started a process of selling its iron-ore assets in the Pilbara, with the company’s Iron Valley mine, Kumina and Bungaroo South projects, as well as its proposed Cape Preston East port facility put on the market. The portfolio up for sale represents one of... 

Empowered company offering bunkering services at Algoa Bay port

By: Marleny Arnoldi     23rd August 2018 Black, women-owned company South African Marine Fuels (SAMF) has started providing bunkering services in Algoa Bay, in the Eastern Cape, making the port a leading bunker and ship repair service provider to a wider market and the only licensed offshore bunkering operation in South Africa. SAMF... 

Québec provides financial assistance to C$1.3bn iron/vanadium project

By: Creamer Media Reporter      23rd August 2018 The government of Québec has announced C$185-million in financial assistance to privately-owned BlackRock Metals to support the construction of an openpit mine that will produce iron, vanadium and titanium near Chibougamau, in the Nord-du-Québec region. This financial assistance will also... 

EAIF backs billion-dollar Nigeria fertiliser plant

By: Anine Kilian     22nd August 2018 The Emerging Africa Infrastructure Fund (EAIF) on Wednesday announced the financial close of its 11-year $35-million loan to Indorama Eleme Fertiliser & Chemicals (IEFCL). The transaction is part of the financing of a $1.1-billion expansion of IEFCL’s existing fertiliser plant at Port Harcourt,... 

Free gold on cards at Harmony’s Wafi-Golpu project 

By: Martin Creamer     22nd August 2018 South Africa’s Harmony Gold is now in the next significant special-mining-lease milestone on the journey towards the co-development of the rich Wafi-Golpu project in Papua New Guinea (PNG), 65 km south-west of the Port of Lae, PNG’s industrial hub and second largest city. Harmony owns 50% of this... 

Creditors to vote on Basil Read business rescue plan in September

By: Marleny Arnoldi     21st August 2018 Since JSE-listed Basil Read announced its entering into business rescue in June, it has secured R265-million in funding and its business rescue practitioners (BRP) have, this week, published a business rescue plan. The company’s appointed BRPs – Siviwe Dongwana and John Lightfoot – believe the... 

India’s OVL and Sudan seek to settle default payments through fresh talks

By: Ajoy K Das     20th August 2018 ONGC Videsh Limited (OVL), the overseas arm of India’s national oil, gas exploration and production major ONGC, has agreed with the Sudan government to work out a mechanism to settle the $400-million outstanding dues of the Indian oil company. The decision to find a solution through negotiations... 

Nutrien steers potash recovery as BHP waits in the wings

By: Reuters     20th August 2018 Canada's Nutrien, the world's biggest potash miner by capacity, has helped engineer a surprising price rebound for the fertilizer by idling capacity. Now the trick will be keeping prices from appreciating too much to ensure a major would-be competitor, BHP Billiton, stays on the sidelines. 

Our innovations are the key partnership to your future

By: Yolande Botes     17th August 2018 “The EIE Group is known for its innovative state-of-the-art machinery and associated technologies on their automated and semi-automated solutions. Similarly, our reputation for applying solutions that ensure that our customer’s operations are fully optimised and fully supported through our... 

ELB to provide Side Arm Charger to Sappi Saiccor, KZN

By: Creamer Media Reporter      15th August 2018 ELB Engineering Services (ELB) is pleased to announce that a contract has been entered into between Sappi Saiccor and ELB Engineering Services for the Sappi Saiccor Side Arm Charger Project at Umkomaas, South Coast of KZN, South Africa. The Sappi Saiccor mill at Umkomaas is planning to increase... 

Ford produces milestone 500 000 Rangers in South Africa

By: Schalk Burger     14th August 2018 Ford Motor Company of Southern Africa’s (FMCSA’s) Silverton assembly plant, in Pretoria, has produced its 500 000th Ford Ranger. “The current Ford Ranger has been a remarkable success story for FMCSA, and we are delighted to have reached the 500 000 mark for this vehicle programme,” Ford Middle... 

Nigeria's State-owned oil company considers refinery partnerships

By: Reuters     14th August 2018 Nigerian National Petroleum Corporation (NNPC) could allow private investors to install two refineries on two of its sites, the State-owned oil company said on Tuesday. NNPC said in a statement that it was considering plans to establish a 100 000 bbl/d brownfield refinery at its Port-Harcourt and... 

Kenya charges top officials with fraud over new $3bn railway

By: Reuters     13th August 2018 A Kenyan court on Monday charged the heads of the agency that manages public land and of the state railway with fraud over land allocation for a new $3-billion train line linking the capital with East Africa's biggest port. The line between Nairobi and Mombasa, funded by China, is one of the... 

New Brunswick to help Arianne fund study for phosphoric acid plant

By: Creamer Media Reporter      10th August 2018 The province of New Brunswick has partnered with Arianne Phosphate –the developer of the Lac à Paul project in Quebec's Saguenay-Lac-Saint-Jean region – to study the feasibility of building a phosphoric acid plant in Belledune, the development-stage phosphate mining company announced this week.... 

Rio Tinto considers float of Canadian iron-ore business

By: Reuters     10th August 2018 Rio Tinto, the world's second largest listed mining company, is exploring a public listing of its Iron Ore Company of Canada business, banking and industry sources said, as it focuses on boosting revenue from its flagship Australian assets. Iron-ore, which accounts for most of Rio's profit and... 

Sonatrach in talks with 14 foreign firms on trading venture – CEO

By: Reuters     10th August 2018 Algerian State energy firm Sonatrach is in talks with 14 international firms for a joint venture to trade oil and gas products after agreeing to buy its first overseas refinery, its CEO said on Thursday. "I am happy to say that 14 firms are on the list to do a JV on trading with us," Abdelmoumen... 

UAE to build oil pipeline between Eritrea and Ethiopia – Fana Broadcasting

By: Reuters     10th August 2018 The United Arab Emirates will build an oil pipeline connecting Eritrea's port city of Assab with Ethiopia's capital Addis Ababa, an Ethiopian state-affiliated broadcaster said on Friday. Fana Broadcasting said the information was revealed during a meeting in Addis Ababa between Ethiopia Prime... 

Fibre optics punted for pipeline monitoring amid major spills in mining and other sectors

By: Nadine James     10th August 2018 Fibre optics were invented to carry huge amounts of voice data over long distances very efficiently, but advancements in optical technology have enabled the use of specialised fibre optic cables as sensors with the ability to measure parameters such as acoustic energy, temperature, strain, and... 

Ongoing waterproofing for Innovation Hub campus

By: Jessica Oosthuizen     10th August 2018 Speciality chemicals manufacturer a.b.e. Construction Chemicals continues to provide large volumes of polyurea coating for the waterproofing of an expansive roof of one of the Innovation Hub campus’ new buildings in Gaborone, Botswana. The project is expected to be completed by the end of the... 

READY TO ROLL

10th August 2018 Chinese vehicle manufacturer the Beijing Automotive Group (BAIC) officially opened its 88 969 m2 semi-knocked-down vehicle assembly plant in the Coega Industrial Development Zone, near Port Elizabeth, late last month. Presidents Cyril Ramaphosa and Xi Jinping presided over the launch via a live... 

Should we worry about Chinese generosity?

By: Martin Zhuwakinyu     10th August 2018 Back in March, former US Secretary of State Rex Tillerson became the umpteenth Western big gun to urge Africans to beware of Chinese generosity on the continent, which has taken the form of freebies such as the African Union headquarters in Addis Abba, Ethiopia – built at a cost of $200-million... 

Altura walks away from takeover talks

By: Esmarie Iannucci     9th August 2018 The share price of ASX-listed Altura Mining climbed by more than 5.5% on Thursday on news that the company had walked away from a potential control transaction. Altura in March confirmed speculation that it was in discussions with Shaanxi J&R Optimum Energy Company regarding a potential control... 

AFC welcomes completion of, first shipment from Guinea bauxite mine

By: Nadine James     8th August 2018 Infrastructure development finance institution Africa Finance Corporation (AFC) on Wednesday announced the on time completion of the Bel Air mine, in Guinea, and its first shipment of high-grade bauxite to China.  The construction of the mine was completed on time and within budget.  

Investments in paper business start paying off – Mpact

By: Anine Kilian     8th August 2018 Capital investments in JSE-listed Mpact’s paper business are starting to contribute to the group’s performance, CEO Bruce Strong said on Wednesday. Reporting on the group’s results for the six months ended June 30, he noted that the gains made in the paper business had, however, been offset by a... 

Omagh processing plant starts operating

By: Creamer Media Reporter      8th August 2018 The recently upgraded processing plant at the Omagh gold mine has started operating, using feed from the underground development of the Kearney gold vein, Toronto- and London-listed Galantas Gold reported on Wednesday. The processing plant is expected to operate part time until production... 

Haulage starts at Altura's mine

By: Esmarie Iannucci     8th August 2018 First lithium concentrate from ASX-listed Altura Mining’s lithium mine has been hauled to Port Hedland, ahead of first shipments. “MD James Brown said on Wednesday that the start of haulage was another important step for the company. 

Think that complicated terms like NAS and cloud are only for geeks?

By: Creamer Media Reporter      7th August 2018 NAS stands for network-attached storage. Sounds complicated and technical and only for hardcore technology fundi’s right? Wrong. NAS happens to be a clever, easy and brilliant way to build a home server that allows you to change the way you handle all your photos, videos, backups, streaming and... 

Mathe Group ups tyre processing by 35%, grows steel exports

By: Irma Venter     7th August 2018 The KwaZulu-Natal-based Mathe Group, South Africa’s largest tyre recycler, has developed two steel by-products that are being exported to Australia and Korea in growing quantities. Dr Mehran Zarrebini, head of British investment group PFE International, which is one of the major shareholders in... 

Tanzania wants to build pipeline to pump gas to Uganda

By: Reuters     6th August 2018 Tanzania wants to build a pipeline to pump natural gas to neighbouring Uganda, another step in the two countries' bid to expand energy cooperation. State-run Tanzania Petroleum Development Corporation (TPDC) said on Monday that the pipeline would start from its capital Dar es Salaam, then pass... 

Updated study increases Frieda River mine life, production forecast

By: Esmarie Iannucci     6th August 2018 The Frieda River copper/gold project, in Papua New Guinea, could produce more copper and gold over a longer period than previously thought, ASX-listed Highlands Pacific reported on Monday. Highlands, which owns a 20% interest in the joint venture (JV) project, told shareholders that partner... 

Great Australian Bight holds a treasure trove for South Australia

By: Esmarie Iannucci     6th August 2018 A new study by the Australian Petroleum Production and Exploration Association (Appea) has found that successful oil exploration in the Great Australian Bight could see the creation of more than 2 000 jobs in South Australia and generate over A$7-billion a year in average tax revenue to federal... 

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