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Fuel levy’s revenue-generating prowess to come under intense pressure

By: Irma Venter     17th August 2018 The fuel levy as income source for government is rapidly losing productivity to generate income, says Professor Stephan Krygsman of the University of Stellenbosch’s Department of Logistics (Transport Economics). Taking the year 2000 as starting point, with the fuel levy at 100% productivity,... 

Fuel levy’s revenue-generating prowess to come under intense pressure

By: Irma Venter     17th August 2018 The fuel levy as income source for government is rapidly losing productivity to generate income, says Professor Stephan Krygsman of the University of Stellenbosch’s Department of Logistics (Transport Economics). Taking the year 2000 as starting point, with the fuel levy at 100% productivity,... 

Agni Steel SA expansion project, South Africa

By: Sheila Barradas     17th August 2018 Agni Steel has received authorisation for its phase 2 and 3 expansion plans. 

Global first from Neo Monitors and RTS Africa - real-time in-situ hydrogen monitoring

10th August 2018 A major boost for petrochemical and refinery process control engineers The reliable in-situ measurement of hydrogen in multiple gas process streams is something that refinery and petrochemical plant process control engineers would like to have been able to do previously, but have never had the... 

Billionaire's huge Nigerian oil refinery likely delayed until 2022 – sources

By: Reuters     10th August 2018 A huge oil refinery being built in Nigeria by Africa's richest man is unlikely to start production until 2022, two years later than the target date, sources with direct knowledge of the matter said. The 650 000 bbl/d refinery near Lagos, set to be Africa's biggest, is expected to boost Nigeria's... 

Glencore closing in on oil deal, transacting with Eskom

By: Martin Creamer     8th August 2018 The local downstream oil investments of diversified mining and marketing company Glencore are expected to be concluded in the near future. Talking during a media conference after the Johannesburg- and London-listed company posted outstanding half-year results that won analyst applause, Glencore... 

ALCORE gets global licence for technology

By: Esmarie Swanepoel     8th August 2018 ASX-listed Australian Bauxite has told shareholders that its ALCORE subsidiary would have the global licence rights for bauxite refining using the ALCORE technology. The global licence will allow ALCORE to build multiple plants in any location to meet the growing demand for aluminium fluoride... 

Jubilee gains full control of the Kabwe project

By: Simone Liedtke     6th August 2018 Jubilee Metals has gained full control of the Kabwe project, in Zambia, by increasing its interest in the project to 87.5%. While Jubilee has the option to acquire 100% of the Kabwe project, Aim-listed BMR retains a maximum of 12.5% of the generated earnings. 

Implats’ R2.7bn cut of 13 000 jobs, five shafts, 230 000 oz, evokes Minister’s rebuke 

By: Martin Creamer     2nd August 2018 The drastic R2.7-billion restructure of the Impala Rustenburg mine, involving the loss of 13 000 jobs, the closure of five shafts and cutting of 230 000 oz out of yearly platinum production, has evoked a strong rebuke from the Mineral Resources Minister Gwede Mantashe, who has accused Impala... 

Recent technology modernisations within the South African context

By: Creamer Media Reporter      26th July 2018 SMS group has successfully supplied and installed a Torque Retainer System for the two 100-ton AOD Converters at Columbus Stainless (Pty) Ltd. in Middelburg, South Africa. Columbus Stainless is part of the Acerinox group of companies and is the only stainless steel plant on the African continent.... 

IRS to become a division of Impala Platinum

By: Marleny Arnoldi     25th July 2018 Impala Platinum Holdings (Implats) subsidiaries Impala Platinum and Impala Refining Services (IRS) have entered into a sale of business agreement for Impala to acquire the metal purchase and toll refining operations of IRS for R8-billion. IRS is now a division of Impala, rather than a standalone... 

Karo officially launches Zimbabwe platinum project

By: Anine Kilian     24th July 2018 Zimbabwe and platinum producer Karo Platinum on Tuesday officially launched the Karo platinum project, in Chegutu, Zimbabwe.  “We are excited about partnering with Zimbabwe and its people in building a long-term and sustainable business. Zimbabwe has an extraordinary metal and mineral endowment... 

Anglo Platinum taking steps to reverse unjustified investor bearishness 

By: Martin Creamer     23rd July 2018 Platinum group metals (PGMs) mining, refining and marketing company Anglo American Platinum (Amplats), which on Monday delivered an outstanding set of dividend-yielding financial results for the six months to June 30, is taking steps to reverse unjustified investor bearishness. After the company... 

Oil change - What happens to used lubricating oil in South Africa?

19th July 2018 Global warming and environmental pollution has intensified our need to recycle our limited natural resources and to extend the lifespan of the manufactured products we use. The lubricants industry is no exception and currently in South Africa most of the used oil collected is recycled into... 

Miners welcome ACCC power plans

By: Esmarie Swanepoel     11th July 2018 The resources sector has welcomed recommendations from the Australian Competition and Consumer Commission (ACCC) to significantly improve electricity affordability for Australian consumers and businesses. The ACCC in March launched an inquiry to identify the root causes of the high electricity... 

Pace change at Collerina Cobalt's NSW project

By: Esmarie Swanepoel     10th July 2018 ASX-listed Collerina Cobalt has placed plans for a nickel/cobalt project at its Collerina deposit, in New South Wales, on hold in lieu of a high purity alumina (HPA) project. The company this week told shareholders that prefeasibility study (PFS) testwork at the Collerina project has identified a... 

Katanga appoints new COO

By: Simone Liedtke     9th July 2018 TSX-listed Katanga Mining, which is a subsidiary of diversified miner Glencore, has appointed Samuel Rasmussen COO. Rasmussen, who holds a BSc in Chemical Engineering and Petroleum Refining from the Colorado School of Mines, has copper processing and mining experience in large-scale openpit and... 

Who will Qualify for Critical Skills Work Permit – from Winemakers to Payroll Managers

9th July 2018 Marisa Jacobs, Director and Immigration Specialist at Xpatweb The starting point when bringing in a foreign specialist into your business is the Critical Skills List, which notes the professions where Home Affairs issues Work Permits due to areas where there are shortages of skills. 

Agni Steel South Africa’s expansion approved

By: Nadine James     6th July 2018 The Eastern Cape Department of Economic Development, Environmental Affairs and Tourism has authorised the phase 2 and 3 expansion of steel recycling and processing company Agni Steel South Africa. Agni Steel’s plant is located in Zone 6 of the Coega Special Economic Zone. 

AECOM grounds its solutions approach with geotechnical expertise

6th July 2018 Integrating geotechnical engineering with its structural and civil engineering expertise is helping AECOM deliver the most cost-effective and efficient solutions for its clients in Africa from an Engineering, Procurement and Construction (EPC) perspective. The consulting engineering company... 

Tank blanketing provides security for flammable liquid storage

6th July 2018 Tank blanketing is deemed one of the most effective ways of preventing fires in flammable liquid storage tanks by means of controlling the formation of explosive vapour or air mixtures above the liquid surface, according to industrial equipment supplier Energas Technologies. Energas Technologies... 

On-The-Air (29/06/2018) 

By: Martin Creamer     29th June 2018 Good news for the economy is that Swiss-based mining giant Glencore is taking steps to boost its investments in South Africa. An Australian-funded company is moving at break-neck speed to reopen a rich zinc and copper mine in South Africa’s Northern Cape province. South Africa has supplied all... 

‘Standout’ Glencore is ‘top pick’

By: Martin Creamer     27th June 2018 In a 150-page analysis of four of the world’s biggest diversified mining majors, Glencore has emerged as the top pick of financial services company Credit Suisse, which has declared the London- and Johannesburg-listed company headed by Ivan Glasenberg as the current “standout” diversified mining... 

Sunrise illuminates Clean TeQ value

By: Esmarie Swanepoel     25th June 2018 The Sunrise cobalt/nickel project, in New South Wales, is expected to deliver some $14-billion in revenue over its first 25-year mine life, ASX- and TSX-listed Clean TeQ reported. A definitive feasibility study (DFS) found that the project would generate an average annual earnings before... 

Germany's Heraeus to open $100m precious metals recycling plant in China

By: Reuters     14th June 2018 German technology group Heraeus will open a precious metals refinery and recycling plant in China in September to take advantage of the country's rising demand for platinum group metals. Heraeus has invested almost $100-million in the facility in Nanjing covering 84 000 square metres, which will... 

Brazil court rejects Alunorte bid to overturn forced output cuts

By: Reuters     12th June 2018 A court in the Brazilian state of Para denied a bid by Norsk Hydro ASA to appeal the partial suspension of bauxite refining operations at its Alunorte unit in another blow to the world's largest alumina refinery. In February, the court in Para, where the Alunorte refinery is located, ordered the... 

PetroSA's GTL refinery could run out of natural gas in two years 

By: Reuters     12th June 2018 South Africa's flagship gas-to-liquids (GTL) refinery at Mossel Bay could run out of natural gas within two years when offshore reserves dry up, a senior energy official said on Tuesday. The Mossel Bay GTL plant, one of the world's largest, is operated by State-owned national oil and gas company... 

India moots allocating coal blocks to oil companies for methanol production

By: Ajoy K Das     11th June 2018 he Indian government has mooted a proposal to allocate coal blocks to national oil refining-marketing companies to produce methanol and to reduce dependency on imported crude oil-based diesel consumption. The work-in-progress proposal under the Road Transport Ministry will be submitted to the... 

Southern has copper giants in the crosshairs with Peru expansion

By: Bloomberg     1st June 2018 Southern Copper is preparing to scale the ranking of global producers by spending more than $10-billion in Peru and Mexico, taking advantage of rising prices underpinned by years of industry belt-tightening. The fifth-largest copper producer hopes to start work on its Tia Maria project in Peru... 

Electric vehicles could increase to 220m in 2030 – IEA

By: Marleny Arnoldi     30th May 2018 The International Energy Agency’s (IEA’s) ‘Global Electric Vehicles Outlook’ has found that the number of electric and plug-in hybrid cars on the world’s roads exceeded three-million in 2017, which is a 54% increase compared with 2016.  

Oz gold production drops in March quarter – Surbiton

28th May 2018 Australian gold production declined by 6 t, or around 7% in the three months to March, compared with the previous period, reaching some 74 t, gold mining consultants Surbiton Association reported. Surbiton director Dr Sandra Close noted that despite the lower March quarter output, the results... 

Jet engines help power cobalt to 10-year highs

By: Reuters     24th May 2018 The spotlight in the cobalt market has been fixed on electric vehicles but shrinking supply and robust demand from traditional sectors such as jet engine makers are helping fuel a price rally that shows no signs of fading. Cobalt in recent years has become synonymous with electric vehicles as it... 

Northam ups funding capacity as stockpile monetisation ensues

By: Martin Creamer     24th May 2018 Platinum mining company Northam has increased its funding capacity to tide it over a capital intensive development period. A new R1-billion two-year unsecured revolving credit facility to April 2020 is augmenting a previous R2-billion unsecured revolving credit facility to November 2021, taking... 

Nyrstar and South Australia disagree on loan repayment

By: Esmarie Swanepoel     18th May 2018 Belgium-based mining and metals group Nyrstar has maintained that it was within its legal rights to defer repayments on a loan to upgrade the Port Pirie smelter, after South Australian Treasurer Rob Lucas threatened the company with legal action. The redeveloped Port Pirie smelter was opened in... 

Radebe sees energy contributing $25bn to South Africa’s $100bn investment target

By: Terence Creamer     16th May 2018 Energy Minister Jeff Radebe says one-quarter, or $25-billion, of South Africa's newly announced five-year investment target of $100-billion could be met through investments in new energy projects, including a possible new greenfield crude oil refinery and a gas pipeline linking South Africa to... 

UAE trader looking to expand into gold refining in Africa

By: Reuters     15th May 2018 Privately held gold trader Sakthi Trading Group is planning to build two gold refineries in Africa and is looking for investors for the projects, company executives said on Tuesday. The group, headquartered in the United Arab Emirates, is seeking a total investment of $246-million for the... 

Silver miners report solid results

By: Henry Lazenby     11th May 2018 Canadian silver miners Americas Silver and Excellon Resources have reported strong operational improvements during the first quarter ended March 31, as both companies navigate the dithering silver price environment and focus internally to streamline operations and drive down costs. Toronto-based... 

AI can help break down data silos to augment human decision-making

By: Schalk Burger     11th May 2018 Artificial intelligence (AI) systems are best suited to help companies explore and exploit the data that they have, simultaneously improving their business models and processes, a range of information technology (IT) experts say. The main improvements and benefits of AI derive from being able to... 

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