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Russian views on the future of civil aeronautics

By: Rebecca Campbell     16th February 2018 People are concerned about noise, emissions and safety. We are working to make aviation safer, greener and more comfortable for people,” highlighted Professor Sergey Chernyshev, general director of Russia’s renowned Central Aerohydrodynamic Institute (much better known in English by the... 

Russian views on the future of civil aeronautics

By: Rebecca Campbell     16th February 2018 “People are concerned about noise, emissions, and safety. We are working to make aviation safer, greener and more comfortable for people,” highlighted Professor Sergey Chernyshev, General Director of Russia’s renowned Central Aerohydrodynamic Institute (much better known in English by the... 

Northam opens R900m platinum smelter expansion

By: Martin Creamer     15th February 2018 Platinum mining company Northam on Thursday officially opened a R900-million smelter expansion at its Zondereinde platinum mine in Limpopo province. The addition of a second furnace extends the JSE-listed company’s 30-year-old partnership with metals company Heraeus, which contributed €20-million... 

Freeport, Amman awaiting green light on 2018 Indonesia copper exports

By: Reuters     15th February 2018 The Indonesian unit of Freeport-McMoRan and fellow copper miner Amman Mineral Nusa Tenggara (AMNT) are waiting for last-minute mining ministry approvals to their applications to extend copper concentrate exports, company officials said. Freeport's export permit for Grasberg, the world's... 

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... 

Gold giant Barrick faces grilling after fall to bottom of pack

By: Bloomberg     12th February 2018 Barrick Gold executives will have some explaining to do when the company releases full-year results Wednesday. Even with rising gold prices and a strengthened balance sheet, the world’s largest gold producer left shareholders with the worst returns among its top North American peers last year... 

Tribunal to consider Sinopec's $900m deal to acquire 75% of Chevron South Africa

By: Simone Liedtke     7th February 2018 The Competition Tribunal will, on Thursday, consider the proposed $900-million buyout by China Petroleum and Chemical Corporation (Sinopec) subsidiary SOIHL HK of a 75% interest in Chevron South Africa (CSA). Sinopec is a significant Chinese manufacturer and supplier of petroleum and... 

Chevron slips on Q4 earnings miss; lifts dividend

By: Henry Lazenby     3rd February 2018 Oil giant Chevron saw its NYSE-listed equity slip more than 6% on Friday after it reported disappointing fourth-quarter earnings. The San Ramon, California-based energy company reported earnings of $3.1-billion, or $1.64 a share for the fourth quarter ended December 31, compared with just... 

Looming 2020 bunker fuel deadline spells trouble for coastal refineries

By: Nadine James     2nd February 2018 South Africa’s three coastal refineries – as well as a significant majority of coastal refineries globally – will definitely miss the International Maritime Organisation’s (IMO’s) January 1, 2020 deadline to reduce the sulphur specification in bunker fuel oil (BFO) from 3.5% to 0.5%, says Wright... 

Tubular – Professionals of choice for SMEIPP services

     2nd February 2018 Structural steelwork, mechanical, electrical, instrumentation, platework and piping (SMEIPP) services specialists for the construction industry Tubular offers clients a seamless process from foundation level to commissioning and the final handover of the project. A well respected and privately... 

Nornickel says palladium output may fall in 2018

By: Reuters     31st January 2018 Norilsk Nickel, the world's largest palladium producer, said on Wednesday its production of palladium could decline in 2018, while the output of nickel from Russian raw material would remain flat. Nornickel, part-owned by Russian tycoon Vladimir Potanin and aluminium giant Rusal, previously said... 

Nqaba Industrial Supplies

     31st January 2018 Nqaba Industrial Supplies is a specialist steel and metals supplier. The company was founded more than 17 years ago and is one of only five approved …….. ESKOM Boiler Tube suppliers. 

Chile open to increasing SQM lithium quota to satisfy Tesla – Corfo

By: Reuters     29th January 2018 Chile is open to negotiating an additional quota of lithium for local miner SQM to meet potential demand from US electric car-maker Tesla, Eduardo Bitran, head of Chilean development agency Corfo, told Reuters on Monday. Bitran said Tesla and SQM were "exploring" opportunities after Tesla... 

ORTIA IDZ development gaining traction

By: Donald Makhafola     26th January 2018 Development of the OR Tambo International Airport Industrial Development Zone (ORTIDZ), worth an estimated R400-million, is gaining traction, with the zone’s first phase targeted for completion before the end of 2018. The company mandated with the responsibility of developing and operating... 

Daesan integrated refining and petrochemicals platform expansion, South Korea

By: Sheila Barradas     26th January 2018 The project aims to expand Hanwha Total Petrochemical’s integrated refining and petrochemicals platform. 

Zimbabwe's gold output rose to 24.8 t in 2017 – central bank

By: Reuters     24th January 2018 Zimbabwe's full year gold production rose to 24.8 t in 2017 from 22.7 t the previous year, the central bank's refining and printing subsidiary said on Wednesday. Gold is the southern African nation's top mineral export earner, with production rising in the last four years after small-scale and... 

Sasol says higher oil price, if sustained, bodes well for H2

By: Terence Creamer     23rd January 2018 Chemicals and energy group Sasol indicated on Tuesday that its second-half results would be positively affected should the recent rise in oil prices to levels approaching $70/bbl be sustained for the remainder of its financial year, which runs to June 30. In a trading statement for the six months... 

Resilient Lonmin delivers sturdy output, extracts cash from tailings

By: Martin Creamer     22nd January 2018 Embattled but resilient platinum company Lonmin, which is enthusiastically embracing the Sibanye-Stillwater’s offer made to it, did all its stakeholders proud in the fatality-free first quarter of its new financial year by putting in a sturdy operational performance that saw sales rise 9%,... 

OZ takes advantage of higher copper price, lifts 2018 guidance

By: Megan van Wyngaardt     17th January 2018 ASX-listed OZ Minerals has marked 2017 as a year of strong production and financial performance, with the miner reporting on Wednesday that it had achieved its copper production guidance for the third consecutive year, and that it had exceeded its gold guidance. Noting that it had made... 

Glencore shrinks job of billionaire copper head amid Congo probe

By: Bloomberg     15th January 2018 Glencore reduced the role of its billionaire head of copper, Aristotelis Mistakidis, shaking up the business after a review in the Democratic Republic of Congo raised questions about accounting and management. Mistakidis, one of Glencore’s largest shareholders and a key lieutenant of CEO Ivan... 

GMEL looking to simplify refining at Kvanefjeld rare earths project

By: Megan van Wyngaardt     15th January 2018 A technical optimisation programme, currently being undertaken at the Kvanefjeld project, in Greenland, has identified significant improvements at the project, Greenland Minerals and Energy (GMEL) reported on Monday. The optimisation programme, which is being carried out in collaboration with... 

World's top commodity engine roars to record with Xi at helm

By: Bloomberg     12th January 2018 China continues to gobble up the world’s commodities, setting new records for consumption of everything from crude oil to soybeans. In a year of flux marked by industrial capacity cuts, environmental curbs and financial deleveraging, demand for raw materials has continued to grow in the world’s... 

Sibanye-Stillwater to acquire embattled Lonmin, completes PGMs strategy

By: Mia Breytenbach     14th December 2017 Precious metals mining company Sibanye-Stillwater has made an all-share offer to acquire platinum group metals (PGMs) producer Lonmin. The offer values Lonmin at about £285-million, or R5.15-billion. 

Chinese cobalt chemicals giant backs Nzuri’s DRC copper/cobalt mine

By: Mariaan Webb     14th December 2017 The world’s largest cobalt chemical producer, Huayou Cobalt, has made a A$10-million strategic investment in Australia-listed Nzuri Copper to advance that company's copper and cobalt projects in the Democratic Republic of Congo (DRC). China’s Huayou, which also has established operations in the... 

Keystone pipeline Gulf Coast expansion project, Canada and US

By: Sheila Barradas     8th December 2017 TransCanada has petitioned the Nebraska Public Service Commissionthe to reconsider its decision on an alternative route for the pipeline. 

TransCanada restarts Keystone after oil spill; petitions Nebraska to rethink alternative route decision

By: Henry Lazenby     28th November 2017 Canada’s largest fossil fuels infrastructure operator TransCanada said on Monday it will restart the existing Keystone I pipeline on Tuesday, after a 5 000 bbl oil spill, in Amherst, South Dakota, last Thursday morning halted operations. TransCanada reported that its Keystone pipeline repair and... 

Sasol’s new strategy shuns GTL as specialty chemicals emerge as key growth driver

By: Terence Creamer     23rd November 2017 Chemicals and energy group Sasol is preparing to sell several assets, including its Canadian shale gas assets, following an overhaul of its corporate strategy, which eschews any further greenfield gas-to-liquids (GTL) investments in favour of smaller acquisitions and projects of between... 

Mustang announces outcomes of ruby strategy review

By: Esmarie Swanepoel     16th November 2017 Ruby miner Mustang Resources will implement a number of measures to fine tune its operational strategy, including temporarily suspending the artisanal miner development programme (AMDP) following disappointing results from its maiden tender. Mustang earlier this month launched a review into the... 

Companies from Amplats to StanChart on alert amid Zimbabwe coup

By: Bloomberg     15th November 2017 Companies are being vigilant over their operations in Zimbabwe after military vehicles descended on the capital of Harare and the army seized power, threatening President Robert Mugabe’s 37-year rule. Nedbank Group sent some South African employees home from Zimbabwe, the Johannesburg-based... 

Gowest aims to unlock refractory gold potential of legendary Timmins Camp

By: Henry Lazenby     14th November 2017 Little-known exploration and development company Gowest Gold is preparing to become the newest gold producer in the legendary Timmins Gold Camp, which, since its discovery in the early 1900s, has produced almost half of all the gold mined in Canada. The TSX-V-listed company is moving its North... 

Few cities have experience to deliver smart city systems

By: Schalk Burger     14th November 2017 Transforming the world by 2030 to meet the United Nations Sustainable Development Goals will require the establishment of more smart cities, information and communication technology multinational Huawei industry, marketing and solution department CTO Joe So told delegates at the Smart City World... 

Australian Bauxite to produce aluminium fluoride

By: Esmarie Swanepoel     13th November 2017 ASX-listed junior Australian Bauxite has inked a heads of agreement (HoA) with technology provider Refined Ore Industries (ROIL) to produce aluminium fluoride from bauxite. Under the terms of the HoA, Australian Bauxite will have exclusive global rights to produce aluminium fluoride from the... 

Fortune to consider higher cobalt output in Nico feasibility report

By: Henry Lazenby     10th November 2017 Project developer Fortune Minerals plans to increase the production rate at its flagship Nico cobalt/gold/bismuth/copper project, in Canada’s Northwest Territories, by between 20% and 30% in a response to feedback from potential strategic partners, the company announced on Thursday. London,... 

Horizonte submits Araguaia mine plan to authorities

By: Mariaan Webb     7th November 2017 Nickel explorer and developer Horizonte Minerals has marked another permitting milestone for its Araguaia project with the submission of a mine plan Brazil’s National Mining Agency (ANM). ANM approval of the mine plan, together with approval of the mine construction licence, the permit of which... 

Rustenburg picks up, Marula turns, fatalities sadden – Implats

By: Martin Creamer     31st October 2017 Improved efficiencies and production levels at the Impala Rustenburg mine coincided with a turnaround at the Marula mine in the three months to September 30, Impala Platinum Holdings (Implats) said on Tuesday, when it expressed disappointment at five fatalities at Impala Rustenburg and one at... 

Battery boom relies on one African nation avoiding chaos of past

By: Bloomberg     27th October 2017 The cars of the future will depend increasingly upon supplies of an obscure metal from a country in the African tropics where there has never been a peaceful transition of power and child labor is still used in parts of the mining industry. Most major automakers are pledging to build millions of... 

Company mitigates refinery industry challenges

By: Marleny Arnoldi     27th October 2017 Amid the weak demand and low prices that have hampered strategic decision-making and stalled planning for the oil and gas industry globally, specialised engineering company RTS Africa Engineering says improved technologies facilitating the understanding of process variables allow for cautious... 

Sherritt narrows Q3 loss as higher commodity prices, lower costs boost the bottom line

By: Henry Lazenby     26th October 2017 Canadian diversified miner Sherritt International has reported improved headline earnings for the three months ended September, as higher realised prices for nickel, cobalt and oil and lower unit operating costs, mainly for nickel and electricity boosted earnings. Excluding special items, the net... 

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