http://www.engineeringnews.co.za
R/€ = 14.49 Change: 0.03
R/$ = 13.34 Change: 0.01
Au 1262.70 $/oz Change: 0.08
Pt 941.50 $/oz Change: -4.50
 

Press Office - WorleyParsons

WorleyParsons

WorleyParsons delivers projects, provides expertise in engineering, procurement and construction and offers a wide range of consulting and advisory services. We cover the full lifecycle, from creating new assets to sustaining and enhancing operating assets, in the power, hydrocarbons, mineral, metals and chemicals sectors. Our resources and energy are focused on responding to and meeting the needs of our customers over the long term and thereby creating value for our shareholders.

Topic

Job losses loom at troubled Marula – Implats

By: Martin Creamer     26th April 2017 Despite ongoing engagement between all stakeholders to restore operational continuity and secure the financial sustainability of the Marula platinum operation, continued community protest action and persistently low metal prices have now necessitated a fundamental restructuring of the business to... 

Now US shareholders give nod to Sibanye deal

By: Martin Creamer     26th April 2017 The requisite majority of Stillwater shareholders in the US have approved the acquisition by Sibanye of the entire issued share capital of Stillwater Mining Company. The voting took place a day after Sibanye shareholders gave their overwhelming approval to the transaction that is expected to... 

Tin industry to begin reporting on supply chain standards – ITRI

By: Reuters     21st April 2017 Major tin producers have agreed to begin reporting on compliance with a new code of conduct starting from third-quarter 2017, an industry body said, seeking to boost supply chain credentials ahead of new European rules on responsible sourcing of ore. Ten producers have signed up to the code,... 

Pressure, temperature transmitter launched for downhole applications

     21st April 2017 Last month, US-based Emerson Automation Solutions introduced the Paine 328-12-0010 pressure and temperature data logger and digital transmitter for process measurement and data logging in downhole drilling applications. The company notes that downhole drilling operators need to measure pressure... 

SA firm sees potential for elevated-track solution in everything mining to public transport

By: Irma Venter     7th April 2017 South African company Milotek will later this year start construction of a fractional rapid transit (FRT) system at a private coal mine in Mpumalanga. Milotek director and inventor Andries Louw believes this system will revolutionise the way goods are moved in the mining industry and also,... 

SA firm sees potential for elevated-track solution in everything mining to public transport

By: Irma Venter     7th April 2017 South African company Milotek will later this year start construction of a fractional rapid transit (FRT) system at a private coal mine in Mpumalanga. Milotek director and inventor Andries Louw believes this system will revolutionise the way goods are moved in the mining industry and also,... 

Implats wins $16m claim in US recycler default fraud case

By: Martin Creamer     4th April 2017 Platinum-mining company Implats has won a $16-million claim for constructive fraudulent transfer during the insolvency in the US of a former recycler of autocatalyst materials, which had a long-standing association with Impala Refining Services (IRS). Johannesburg Stock Exchange-listed Implats... 

Afrivalve Moves Into New And Expanded Premises

     31st March 2017 Afrivalve, the specialist sales division of the eDART Group has moved into new, improved and expanded premises in February 2017. The continued growth in sales and extended range of valves supplied by Afrivalve, made the move into larger premises a necessity not only in terms of stock holding, but... 

Afrivalve Appointed As Official Distributor Of Gemü Valves For Mining Sector In Africa

     31st March 2017 Afrivalve, part of the eDART Group of Companies, have further expanded their range to now offer the Gemü Valve and Control Systems range in the mining and metal refining sector in Africa. This further compliments the eDART Slurry Control Valves, C-Tech knife gate valves, Red Roc Pinch valves and... 

Keystone pipeline Gulf Coast expansion project, Canada and the US

By: Sheila Barradas     31st March 2017 US President Donald Trump has issued a Presidential Permit, approving the construction of TransCanada’s long-delayed Kyestone Guld expansion pipeline. 

South African in the Mars mix as race to the Red Planet heats up

By: Dylan Slater     24th March 2017 It is 2031 and the next space race has started with the launch of the largest-ever interplanetary space rocket and spaceship carrying four carefully selected astronauts on a mission to establish a human settlement on Mars – a planet that is about 225-million kilometres away. Heading for the... 

South African in the Mars mix as race to the Red Planet heats up 

By: Dylan Slater     24th March 2017 It is 2031 and the next space race has started with the launch of the largest-ever interplanetary space rocket and spaceship carrying four carefully selected astronauts on a mission to establish a human settlement on Mars – a planet that is, on average, 225-million km away.  

Gold company manager charged in vast Peruvian smuggling plot

By: Bloomberg     17th March 2017 The operations manager at a metals-refining company was charged with helping run a gold smuggling network that reaped-billions of dollars for illegal mines controlled by drug dealers and other criminals in South America. A criminal complaint against Juan Pablo Granda, 35, outlines a vast... 

Tanzanian ore export ban unlikely to be implemented – BMI

By: Megan van Wyngaardt     16th March 2017 Recent policies aimed at bolstering fiscal revenues, and a crackdown on tax evasion by the Tanzanian government, will increase investor uncertainty across various sectors and have a direct negative impact on the country's future growth, BMI Research's Africa Country Risk team said on Thursday.... 

Expect more oil price volatility over the coming months – Vitol

By: Kim Cloete     15th March 2017 A continuing massive stock overhang could contribute to more volatility in the oil price over the coming months, says energy and commodities company Vitol global analyst Simon Warren. He told delegates at the yearly conference of the African Refiners Association (ARA), in Cape Town, that despite... 

Refiners commit to producing clean fuels 

By: Kim Cloete     15th March 2017 Although Africa’s oil refining industry will need significant investments to adapt to the move by industry and the automotive sector to cleaner fuels, companies say they are committed to the change. “The impact will touch all sides of the industry, starting with refining and marketing. It will... 

Circum awarded Ethiopian potash mining licence

By: Henry Lazenby     14th March 2017 London-based potash project developer Circum Minerals has secured a mining licence for its Danakil potash project. The licence was approved by the Council of Ministers of the Federal Democratic Republic of Ethiopia and gives Circum exclusive access over the 4.9-billion-tonne Canadian National... 

Magara seizes Lonmin COO opportunity as he grasps low-price nettle 

By: Martin Creamer     13th March 2017 It’s 7 am. Ben Magara walks in bang on time for our interview. He left home at 4.15 am to be in the gym at 5 am and the office at 6 am. He has a nice spring in his step as he tells me that he has grasped the COO opportunity in addition to his role as CEO of platinum mining company Lonmin,... 

Deep surface salt bath hardening technique offered locally

By: Simone Liedtke     10th March 2017 Diversified manufacturing facility Frankwen Forge is now offering a unique tailor-made salt-bath hardening technique, the company states, explaining that the surface of the item is run through heated molten salt and then undergoes a water quench. 

Krugerrand testament to what South Africa can do through beneficiation

By: Megan van Wyngaardt     7th March 2017 The Krugerrand celebrates its fiftieth anniversary this year, marking a critical milestone in South Africa’s beneficiation of its precious metals. “The success of the Krugerrand shows it is possible to add value to our precious metals if we develop local capabilities and channel resources towards... 

Tanzania bans metals, minerals exports in bid to increase domestic beneficiation 

By: Megan van Wyngaardt     3rd March 2017 Aim-listed Acacia Mining on Friday said it had ceased exports of gold and copper concentrate from its operations in Tanzania, following a directive from the country’s Ministry of Energy and Minerals that all such exports be banned. In a statement, Acacia said it was urgently seeking further... 

On-The-Air (03/03/2017) 

By: Martin Creamer     3rd March 2017 Platinum has been badly hit by anti-diesel sentiment in the wake of the Volkswagen car emission scandal in the United States; South Africa’s Sibanye Gold went on a charm offensive in the United States this week to woo shareholder backing its big American acquisition; and the mining industry’s... 

SA-based company partners with Chad to develop country’s nascent minerals sector

By: Ilan Solomons     3rd March 2017 Gold mining, refining and resources development company Quaestec Gold Africa Resources has partnered with the government of Chad to develop the Central African country’s nascent mineral resources sector, says company CEO Charles Fourie. Chad’s gold deposits occur over 1 200 km, from the south to... 

Rathdowney closes C$7m private placement to progress permitting of Polish project

By: Henry Lazenby     3rd March 2017 TSX-V-listed project developer Rathdowny Resources has closed a C$6.9-million private placement, which will be used to further advance permitting of the company’s flagship Olza zinc/lead/silver project, in Poland. The Vancouver-based junior has also entered an unsecured C$30 000 debenture with an... 

Dakota access pipeline project, US

By: Sheila Barradas     3rd March 2017 The US Army Corps of Engineers has notified Congress that it will permit the project to allow for the pipeline to run under Lake Oahe, in North Dakota. 

Renewable energy storage solutions ‘go green’ with RTS Africa Engineering and Nel Hydrogen

     2nd March 2017 Hydrogen is emerging as one of the most viable and effective storage solutions for renewable energy in many key industries, including the transportation and power sectors. Since 1996, the Tshwane-based specialised engineering company, RTS Africa Engineering, has had the sole agency to represent... 

Hefty H1 losses paint depressed picture for Implats 

By: Ilan Solomons     23rd February 2017 Platinum miner Impala Platinum (Implats) has recorded a gross loss of R318-million for the six months to December 31, a significant increase on the loss of R40-million recorded in the six months to December 31, 2015. The group posted a headline loss of R508-million, compared with headline... 

Hudbay narrows loss as metals prices rise

By: Henry Lazenby     23rd February 2017 Canadian base metals producer Hudbay Minerals has reported a loss of $47.3-million, or $0.20 a share, for the three months to December 31, compared with a loss of $255.5-million for the comparable period a year earlier. For the full 2016, its loss narrowed to $35.2-million, $0.15 a share,... 

Sherritt to ramp up 2017 capex as it resumes oil & gas drilling, Ambatovy charges

By: Henry Lazenby     18th February 2017 Diversified miner Sherritt International says it expects to increase capital expenditure (capex) on new mining development and fleet upgrades this year. The Toronto-headquartered company said the majority of its $129-million capex budget for this year will be focused on completing the first Block... 

Major South African coal extension project on cards – South32

By: Martin Creamer     16th February 2017 A decision will be taken in the June quarter on go-ahead for the Klipspruit Life Extension coal project in Mpumalanga, which is said to have robust economics. The original BHP Billiton capital expenditure (capex) of $500-million-plus for the two-year development has been more than halved under... 

Stillwater deal advances as Sibanye grasps $2.6bn bridge finance nettle

By: Martin Creamer     13th February 2017 Precious metals mining company Sibanye on Monday announced that it had successfully closed the syndication of the bridge facilities to support its acquisition of Stillwater Mining Company of the US. Sibanye said in a Johannesburg Stock Exchange news service announcement that the syndication... 

We will not act illegally when determining 2017 power tariffs – Nersa CEO

By: Terence Creamer     10th February 2017 Newly appointed National Energy Regulator of South Africa (Nersa) CEO Christopher Forlee insists that the Energy Regulator will not take any “illegal” decisions when making a determination in February about the trajectory of Eskom’s 2017 tariffs. Instead, any decision will seek to navigate the... 

Eunomix further debunks Unctad claims of misinvoicing by South African gold producers

By: Megan van Wyngaardt     7th February 2017 Advisory firm Eunomix has released a second report into alleged misinvoicing of gold exports by South Africa, which the Chamber of Mines (CoM) says further refutes the claims by the United Nations Conference on Trade and Development (Unctad) that South African gold producers systematically... 

Sweet coating solutions for the sugar industry from Thermaspray

     6th February 2017 Thermaspray, South Africa’s surface engineering and thermal spray coating technology specialist, offers a range of high quality coating techniques that assist the sugar industry in reducing maintenance costs by protecting both new and worn equipment parts and components against abrasive,... 

Keystone pipeline Gulf Coast expansion project, Canada and US

By: Sheila Barradas     3rd February 2017 TransCanada has resubmitted its Presidential Permit application to the US Department of State for approval of the Keystone pipeline Gulf Coast expansion project. 

New Nersa chief insists regulator will not act illegally when determining 2017 power tariffs

By: Terence Creamer     31st January 2017 Newly appointed National Energy Regulator of South Africa (Nersa) CEO Christopher Forlee insists that the Energy Regulator will not take any “illegal” decisions when making a determination in February about the trajectory of Eskom’s 2017 tariffs. Instead, any decision will seek to navigate the... 

Burner management systems market anticipates 5.5% growth by 2024

     27th January 2017 The global market for burner management systems (BMS) is projected to be worth $7.39-billion by 2024, expanding at a compound annual growth rate (CAGR) of 5.5% in that period, explains market research service provider Transparency Market Research (TMR). 

Keystone pipeline Gulf Coast expansion project, Canada and the US

By: Sheila Barradas     27th January 2017 US President Donald Trump has cleared the way for the contentious TransCanada’s Keystone XL oil pipeline to be built in the US. 

First
Prev
1
2 3 4 5 6 7 8 9 Next Last

Latest News

more

Latest Videos

more

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119 Close