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Seifsa worried about potential impact of proposed US steel import tariff increases

By: Megan van Wyngaardt     20th February 2018 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has warned that the difficulties facing the local steel industry would continue to worsen in the year ahead if the US Department of Commerce's recommendation for a tariff of at least 53% on all steel imports from 12... 

Nuclear energy future imminent, despite delays in updated IRP

By: Simone Liedtke     16th February 2018 South Africa-based engineering, procurement and construction (EPC) company Lesedi Nuclear Services (Lesedi) business development executive Shane Pereira believes that there is a future for nuclear power globally, although it is being hindered locally by the delay in passing the updated Integrated... 

First Quantum lifts Cobre Panama capacity 15%; swings to FY17 loss

By: Henry Lazenby     13th February 2018 Base metals producer First Quantum Minerals will expand the capacity of its massive Cobre Panama copper project, in Panama, by 15% to 85-million tonnes a year. The Toronto-based miner on Monday also said it has sanctioned upgrades to certain areas to accommodate a further capacity expansion to... 

Wind energy installations continue to grow – WWEA

By: Megan van Wyngaardt     12th February 2018 The overall capacity of all wind turbines installed worldwide by the end of 2017 reached 539 291 MW, preliminary statistics published by World Wind Energy Association (WWEA) has shown. A WWEA report, released on Monday, further showed that 52 552 MW of wind energy capacity were added last year,... 

Global aeronautics body promoting networking among young researchers

By: Rebecca Campbell     9th February 2018 The International Forum for Aviation Research (IFAR) is seeking to develop international interactions between young professionals working in both technical and non-technical areas of aviation research around the world. This initiative is described as “early career networking” and is a focus area... 

Board and management changes announced at Plymouth

By: Mariaan Webb     7th February 2018 Lithium-focused Plymouth Minerals on Wednesday announced board and management changes as part of its continued focus to advance the San Jose lithium/tin project, in Spain. Plymouth, which plans to change its name to Infinity Lithium, said it had strengthened its executive team with the... 

BMW SA opens R73m training centre at Rosslyn plant

By: Irma Venter     2nd February 2018 BMW Group South Africa (BMW SA) on Friday cut the ribbon on a new, R73-million training academy at its Rosslyn plant, in Pretoria. The 6 000 m2 facility can host 300 apprentices a year. 

R3.5bn empowerment venture fund to be launched in auto sector this year

By: Irma Venter     2nd February 2018 South Africa’s seven light vehicle manufacturers plan to launch a R3.5-billion venture fund this year, aimed at boosting black economic empowerment in the domestic automotive manufacturing industry. The seven manufacturers are BMW, Ford, Toyota, Mercedes-Benz, Isuzu, Nissan and Volkswagen. They... 

Production starts at Algerian gasfield

     2nd February 2018 Energy company Repsol has started production from the Reggane Nord gasfields, in Algeria. With construction completed in December, the company explains that the Reggane Nord gasfields are expected to produce eight-million cubic metres a day of gas. 

Global crude steel output up 5.3% y/y in 2017

By: Schalk Burger     25th January 2018 Global crude steel production increased by 5.3% year-on-year to 1.69-billion tonnes in 2017. Output increased in all regions except for the Commonwealth of Independent States, where production remained flat at about 102.1-million tonnes, the World Steel Association reported this week. 

Plymouth to become Infinity Lithium, puts Gabon potash assets on the block

By: Mariaan Webb     25th January 2018 ASX-listed Plymouth Minerals, which is earning in to the San Jose lithium/tin project in Spain, has announced that it will sell its potash assets and change its name to reflect its sole focus. In an emailed newsletter, CEO and MD Adrian Byass said on Thursday that the name change to Infinity... 

Berkeley says offtake activity to intensify this year

By: Mariaan Webb     23rd January 2018 Uranium project developer Berkeley Energia is seeing a “notable” increase in public tender activity and says it expects offtake activity to intensify, once full construction of its Salamanca mine, in Spain, is under way. In a quarterly update on Tuesday, Berkeley said that it would participate... 

Copper production declined in first ten months of 2017 – ICSG

By: Schalk Burger     23rd January 2018 Worldwide copper mine production declined 2.6% in the ten months to October 2017, while concentrate production declined by 2.2% and production through solvent extraction-electrowinning declined by 4.3% in the same period, according to the intergovernmental copper body The International Copper... 

Atalaya increases copper output in first full year of production

By: Natasha Odendaal     22nd January 2018 Aim- and TSX-listed Atalaya Mining has delivered an increase in copper output during the first full year of commercial production as mining operations stabilise quarter-on-quarter. Proyecto Riotinto, in Andalucía, Spain, achieved 37 164 t of copper production in 2017, a rise on the 26 179 t... 

UK announces further funding for small modular nuclear reactor programme

By: Keith Campbell     19th January 2018 The British government last month announced the next phase in its programme of funding the development of small modular nuclear reactors (SMRs), which forms part of a larger programme to develop the nuclear technology and energy sector in the UK. This phase will see Westminster awarding up to... 

Seifsa warns US antidumping duties could hurt local steel industry

By: Megan van Wyngaardt     12th January 2018 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) is worried about the potential impact on the local steel industry of the US Department of Commerce’s (DoC’s) affirmative final determinations in an antidumping duty investigation into imports of carbon and alloy steel... 

Plymouth advances feasibility study at San Jose

By: Megan van Wyngaardt     10th January 2018 After completing a successful $6.5-million capital raising in December, ASX-listed Plymouth Minerals has started the San Jose feasibility study, which it intends to complete during this year. To finalise the process of lodging the mining licence application (MLA), which earned Plymouth its... 

Prospex buys into Tesorillo gas project

By: Megan van Wyngaardt     19th December 2017 Aim-listed investment firm Prospex Oil & Gas has agreed to acquire up to a 49.9% interest in the Tesorillo gas project in the Cadiz province, in southern Spain. Tesorillo contains a known gas discovery, estimated to hold gross unrisked prospective resources of 830-billion cubic feet of gas,... 

San Jose feasibility study fully funded

By: Megan van Wyngaardt     13th December 2017 ASX-listed Plymouth Minerals has received commitments to raise $6.5-million through the issue of 36.4-million shares at $0.18 apiece, with the funds committed towards the completion of a feasibility study at its San Jose lithium/tin project, in the mining region of Extremadura, Spain. The company... 

Macron's climate summit draws pledges to make coal a risky bet

By: Bloomberg     13th December 2017 Some of the world’s biggest investors turned their backs on US President Donald Trump’s plan to revive the coal industry, pledging to divest from fossil fuels at a conference organised by French President Emmanuel Macron. The One Planet Summit in Paris was designed to galvanise support for the... 

Berkeley selects mining and construction contractors for Salamanca mine

By: Megan van Wyngaardt     12th December 2017 Dual-listed Berkeley Energia expects to pour concrete at its fully-funded Salamanca mine, in western Spain, in the new year, the company said on Tuesday, as it announced the award of major contracts for the uranium mine. The company said that Sanchez y Lago, one of Spain’s major construction... 

W Resources receives preliminary approval for tungsten mine funding

By: Creamer Media Reporter      12th December 2017 Aim-listed W Resources has received preliminary approval from US Specialists Situations Fund for a $30-million term loan to fund the La Parrilla tungsten mine, in Spain. The term loan is subject to final due diligence and legal documentation, with financial close targeted for late December or... 

Morocco announces auto industry deals worth $1.45bn

By: Reuters     12th December 2017 Morocco said on Monday it had signed deals for 26 auto industry projects worth a total of €1.23-billion ($1.45-billion) as it seeks to build its position as an international hub for the sector. The deals include six agreements with French company Renault to expand an "industry ecosystem" allowing... 

Biggest African phone-tower firms said to be mulling 2018 listings

By: Bloomberg     8th December 2017 Three of Africa’s largest telecommunication towers companies plan to pursue share sales in either London or New York early next year, taking advantage of high industry valuations to fund expansion, according to people familiar with the matter. Closely-held IHS Towers, targeting an enterprise... 

Vukile continues to grow Spain retail portfolio

By: Schalk Burger     6th December 2017 JSE-listed retail property trading company Vukile Property Fund added two Spanish retail parks, worth about €65-million, to its portfolio of 11 other Spanish retail parks. CEO Laurence Rapp said in a note on Wednesday that the total value of the Spanish portfolio was about €290-million. Vukile’s... 

Banding & ID Solutions SA represents Africa at UK sales conference

     4th December 2017 Banding & Identification (ID) Solutions South Africa was the only African representative at the recent EMEA sales conference in early October, organised by Band-It UK. In attendance were Senior Sales Representative Matthew Campbell and Sales Director Rosa Dos Remendos. The conference was hosted... 

Atalaya board approves €80.4m expansion in Spain

By: Mariaan Webb     4th December 2017 European mining and development company Atalaya Mining on Monday announced its decision to proceed with the 15-million-tonne-a-year expansion of its Proyecto Riotinto mine, in Spain. The €80.4-million expansion would upgrade processing facilities, including the installation of a new primary... 

Lundin stock tumbles on disappointing production outlook

By: Henry Lazenby     1st December 2017 Base metals producer Lundin Mining saw about 21% of its TSX-listed equity wiped out on Thursday after it reported a disappointing long-term production outlook on Wednesday. The Toronto-headquartered company punted significant investments in both the Candelaria copper mine and mill, in Chile,... 

Tel Aviv Tramway Red Line signalling project, Israel

By: Sheila Barradas     1st December 2017 NTA Metropolitan Mass Transit System has signed a contract with Alstom for the signalling project. 

Berkeley closes Oman financing transaction

By: Samantha Herbst     30th November 2017 Following shareholder approval announced on Thursday, uranium project developer Berkeley Energia has completed a strategic investment of up to $120-million with the sovereign wealth fund of the Sultanate of Oman, which means that Berkeley can now bring the Spain-based Salamanca uranium mine into... 

Construction activities at Spanish tungsten project gather pace

By: Mariaan Webb     28th November 2017 Construction activities at the Barruecopardo tungsten mine in Salamanca, Spain, are gathering momentum, with about 100 people now working on the project. Ormondo Minerals, which has a 30% shareholding in the mine, reported on Tuesday that the major earthmoving phase relating to construction of... 

Ingeteam and Indar exhibit at WindEurope 2017

     27th November 2017 Zamudio, 27th November 2017. Ingeteam, an independent global supplier of electrical conversion equipment, will present its full range of wind energy drive train products at the WindEurope Conference & Exhibition 2017, taking place later this month in Amsterdam.  Exhibiting at booth #1D24,... 

Plymouth hoping for strategic industry partner for San Jose project

By: Mariaan Webb     24th November 2017 Exploration and development company Plymouth Minerals is aiming to attract a strategic industry partner for the development of its flagship lithium project in Spain and said on Friday that it was in discussions with European gigafactory developers. The San Jose project, in which Plymouth has a... 

Agromining may provide new opportunities to extract remaining value from mined land

By: Mia Breytenbach     24th November 2017 With a significant portion of large mineral deposits having been discovered worldwide, and, in many cases, reaching the end of viable economic recovery, phytomining is one option that could be chosen to extract the remaining value from this mined ground, Florida International University... 

Tax, spend, squander provide toxic backdrop for nuclear plans

By: Keith Campbell     24th November 2017 On November 7, France ran out of money. Or, rather, France ran out of its own money; that is, it ran out of all the money the French State had gathered in taxes and other imposts. Between November 7 and December 31, the French State is running on borrowed money. This fascinating calculation was... 

Toral exploration licence renewed

By: Creamer Media Reporter      22nd November 2017 ASX- and Aim-listed Ferrum Crescent has been granted a renewed, three-year exploration licence for its Toral project, in Spain, effectively resetting the “exploration clock” for the lead/zinc assets. Ferrum Crescent subsidiary GoldQuest Iberica, which is the holder of the Toral exploration... 

Nissan South Africa confident of delivering on long-awaited investment promise in 2018

By: Irma Venter     17th November 2017 Vehicle manufacturer Nissan in 2012 confirmed plans to invest R1-billion in its Rosslyn plant, in Pretoria, to build a new one-ton pick-up, with capacity at the plant to be increased to around 100 000 units a year. Local production of the new model was set to start in 2014. 

Nissan SA confident of delivering on long-awaited investment promise in 2018

By: Irma Venter     17th November 2017 Vehicle manufacturer Nissan in 2012 confirmed plans to invest R1-billion in its Rosslyn plant, in Pretoria, to build a new one-ton pickup, with capacity at the plant to be increased to around 100 000 units a year. Local production of the new model was set to start in 2014. 

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