R/€ = 16.78 Change: -0.02
R/$ = 14.70 Change: -0.06
Au 1185.43 $/oz Change: 8.53
Pt 789.50 $/oz Change: 8.67


Infinity launches scoping of lithium hydroxide option

By: Esmarie Swanepoel     17th August 2018 ASX-listed Infinity Lithium Corporation has launched a lithium hydroxide scoping study at its San Jose resource, in Spain. The lithium hydroxide scoping study will start in direct response to the increased demand and supply chain considerations in the evolving battery chemicals market, the... 

Vukile buys majority stake in Spanish property company

By: African News Agency      2nd August 2018 JSE-listed Vukile Property Fund announced on Thursday that it has acquired a controlling 51% stake in Morzal Properties Iberia in a bid to expand its property portfolio in Spain.  Last month, Vukile said it would be concluding an agreement to subscribe for shares in Morzal for an aggregate... 

Elementos to invest in Spanish tin

By: Esmarie Swanepoel     31st July 2018 ASX-listed Elementos has signed a heads of agreement with TSX-V-listed Eurotin to acquire the Oropesa tin project, in Spain, in exchange for one-billion shares in the company. Elementos told shareholders that Oropesa was one of the best undeveloped tin resources in the western world, with a... 

From Elgin to Madrid: South Africa’s Appletiser wins over European market

30th July 2018 Appletiser, South Africa’s home-grown lightly sparkling, apple juice brand is taking off in Spain, with new market launches set to follow across Western Europe and the Americas.   The brand was acquired by the Coca-Cola Company a little over two years ago and had been successfully rolled out... 

South Africa’s Appletiser expands into European market

By: Simone Liedtke     30th July 2018 South Africa’s home-grown apple juice brand Appletiser has expanded into Spain, with new market launches set to follow across Western Europe and the Americas. Coca-Cola sent out over 20 000 presentation kits to the Spanish market as an introduction and, as hoped, customers fell for the flavour.... 

Vukile’s Castellana lists on Spanish Stock Exchange

By: Marleny Arnoldi     25th July 2018 JSE-listed real estate investment trust Vukile Property Fund’s 98%-owned Spanish subsidiary Castellana Properties on Wednesday listed on the Spanish Stock Exhange’s Mercado Alternativo Bursátil. The shares were listed at an introductory price of €6 apiece, which attributes a market... 

Atalaya produces record quarterly copper production in Spain

By: Marleny Arnoldi     16th July 2018 Aim- and TSX-listed copper miner Atalaya Mining produced 10 446 t copper at its Proyecto Riotinto mine, in Spain, in the second quarter of the year, beating its first quarter production record.  

Travel between SA and Spain boosted by renewed air link

By: Rebecca Campbell     13th July 2018 The reintroduction of direct flights between Johannesburg and Madrid by Spanish flag-carrier airline Iberia in August 2016 has resulted in a significant boost in travel between South Africa and Spain. This was reported by Airports Company South Africa Assistant General Manager (Client and... 

Climate change not the only reason for water shortages – Muller 

By: Natasha Odendaal     9th July 2018 While recent rainfall has brought some reprieve to the drought-plagued City of Cape Town, the region remains vulnerable, and people, politics and poor planning are predominantly to blame for most urban water shortages, water expert Professor Mike Muller has said. In an opinion piece published in... 

Bulgarian Subsidiary Grows European Market Share

5th July 2018 Condra Bulgaria Ltd, fledgling European subsidiary of South African crane manufacturer Condra, has received orders worth some €½-million in the past six months, and secured further contracts for the ongoing supply of end-carriages to crane manufacturers in England and Spain. The subsidiary’s... 

Spanish cattle farmers are worrying about nearby uranium mines

By: Bloomberg     3rd July 2018 Maria Jose Alamo, whose 120 cattle graze on land close to the only major new uranium mine being developed in the world, is worried. “I myself wouldn’t buy the meat of cattle raised close to such a mine,” said Alamo, 48, in an interview at a cafe in the hamlet of Banos de Retortillo, in Western... 

Renewed air link boosts traffic between South Africa and Spain

By: Rebecca Campbell     28th June 2018 The reintroduction of direct flights between Johannesburg and Madrid by Spanish flag-carrier airline Iberia in August 2016 has resulted in a significant boost in travel between South Africa and Spain. This was reported by Airports Company South Africa assistant general manager (client and... 

W Resources reports progress at La Parilla site

By: Creamer Media Reporter      27th June 2018 The La Parilla tungsten project under development in Spain is progressing as planned, with crusher, steelwork and equipment deliveries having started, Aim-listed W Resources reported on Wednesday. In a project update, the company states that concrete and civil works have been completed for the... 

Global steel production rises 6.6% y/y in May

By: Anine Kilian     25th June 2018 Global crude steel production increased by 6.6% year-on-year to 154.9-million tonnes in May, the World Steel Association (worldsteel) reported on Monday. China’s crude steel production increased by 8.9% year-on-year to 8.1-million tonnes in May, while Japan produced 9.1-million tonnes of crude... 

The South African pharmaceutical regulatory environment

20th June 2018 The South African pharmaceutical environment is highly regulated. The most important legislative provisions are found in the Medicines Act and the Pharmacy Act. Recent amendments to the Medicines Act brought about the replacement of the Medicines Control Council, being the regulatory body that... 

Tshwane Auto City, South Africa

By: Sheila Barradas     15th June 2018 Tshwane Auto City is a collaboration between the South African government and the automotive industry to transform the area into the leading automotive destination in Africa. 

Infinity expands plans for Spanish project

By: Esmarie Swanepoel     8th June 2018 A technical option study at the San Jose lithium project, in Spain, has found that the project was amenable to produce battery-grade lithium hydroxide, in addition to the battery grade lithium carbonate already planned. ASX-listed Infinity Lithium said on Friday that the study was conducted in... 

Berkeley Energia lists on LSE

By: Anine Kilian     6th June 2018 Uranium miner Berkeley Energia officially listed on the LSE on Wednesday. The company also received confirmation from Spanish authorities that its shares will be admitted to trading on the Spanish Stock Exchange (SSE) soon. 

Berkeley Energia to migrate to LSE main board this week

By: Creamer Media Reporter      4th June 2018 Uranium project developer Berkeley Energia said on Monday that its admission to the main market of the LSE and the Madrid, Valencia, Bilbao and Barcelona stock exchanges (SSE) should be effective this week. The LSE migration should occur on Wednesday, at which stage trading in the company’s... 

Milestone year for Vukile as it delivers 7.7% FY18 distribution growth

By: Simone Liedtke     30th May 2018 Property management company Vukile Property Fund achieved 7.7% growth in dividends to 168.82c a share for the full year ended March 31 on the back of a higher second-half distribution growth of 7.9%. As its international investment grows, Vukile aims to hedge 75% of its dividend flow from... 

Global crude steel production increases 4.1% y/y in April

By: Simone Liedtke     25th May 2018 Global crude steel production, as reported by the 64 countries reporting to the World Steel Association (worldsteel), was 148.3-million tonnes – a 4.1% increase compared with April 2017. China’s crude steel production for April was 76.7-million tonnes, an increase of 4.8% compared with April 2017. 

Copper miner Atalaya's Q1 profit jumps 54%

By: Mariaan Webb     24th May 2018 Copper miner Atalaya Mining has posted a 54% increase in its first-quarter profit, on the back of stronger copper prices and an increase in concentrate volumes sold. After-tax profit increased from €5.7-million, or 4.8c a share, in the first quarter of 2017, to €8.8-million, 6.5c a share, in... 

Ferrum Crescent completes fundraising to advance Spain project

By: Creamer Media Reporter      22nd May 2018 Exploration company Ferrum Crescent, which will soon be known as Europa Metals, has completed a fundraising to progress resource delineation and to commission an initial scoping study at its lead/zinc project, in Spain. The company on Tuesday issued new shares and options to raise about... 

Ferrum Crescent name change approved

By: Creamer Media Reporter      21st May 2018 Australian company Ferrum Crescent has gained shareholder approval to change its name to Europa Metals, in a move designed to emphasise its involvement in a zinc, lead and silver project in Spain. The company last year sold its Moonlight iron-ore asset in South Africa and is now focusing on the... 

R3bn Rosslyn Hub to create 160 000 jobs

By: Nadine James     16th May 2018 The R3-billion mixed-use Rosslyn Hub development was launched at the African Smart Cities Summit, co-located with the African Construction and Totally Concrete Expo, at the Gallagher Convention Centre, in Johannesburg, on Wednesday. The Rosslyn Hub is a crucial step towards the creation of the... 

Farnese blue diamond, with 300-year royal history, fetches $6.7m

By: Reuters     16th May 2018 The Farnese Blue diamond, which was passed down through European royal families for 300 years, sold at auction in Geneva on Tuesday for 6.7-million Swiss francs ($6.7-million), beating auctioneers Sotheby's estimate of 3.5-million to 5-million Swiss francs. The 6.16 ct, dark grey-blue gem from... 

Berkeley appoints COO

By: Creamer Media Reporter      14th May 2018 Uranium-focused Berkeley Energia has appointed corporate executive Sean Wade as COO to identify and lead strategic business development opportunities. Prior to joining Berkeley, Wade was director of international media and investor relations at Georgia’s largest bank, TBC. During his time at the... 

Vukile grows Spanish retail investment to near €400m

By: Simone Liedtke     10th May 2018 Vukile Property Fund has, through its 98.7%-owned Spanish real estate investment trust (Reit) subsidiary Castellana Properties, acquired Habaneras Shopping Centre, its first shopping centre in Spain, for €80.6-million. The easily accessible open-air shopping centre is in Torrevieja, in the... 

Tshwane’s First Steps Towards Becoming Africa’s Automotive Capital to be Unveiled at the

9th May 2018 African Construction and Totally Concrete Expo and African Smart Cities Summit Rosslyn Hub, a R3-billion, mixed use development that will catalyse the city of Tshwane to become the automotive capital of Africa is set to be launched at the African Construction and Totally Concrete Expo on... 

Wine prices to rise as global shortage looms

By: Simone Liedtke     8th May 2018 The South African wine industry needs an upward price adjustment to ensure a sustainable supply going forward, amidst a looming wine shortage, says industry body Vinpro. Vinpro’s ‘Wine Harvest Report 2018’ shows that wine grape production is at 1.2-million tonnes – an almost 15% decrease compared... 

Africa is opportune for energy, smart solutions development – Schneider Electric

By: Marleny Arnoldi     8th May 2018 Automation and energy management multinational Schneider Electric on Tuesday revealed its strategy for the African continent and how it relates to creating smart cities – taking cognisance of challenges and opportunities.  

Local company targets mechanical tube cleaning opportunities at AUW

By: Melissa Zisengwe     4th May 2018 South Africa-based engineering, procurement and construction company Lesedi Nuclear Services says the African Utility Week (AUW) is the ideal platform to introduce energy companies and utilities to lesser known but an efficient mechanical tube cleaning system. The event is an opportunity to meet... 

Berkeley Energia to list on LSE, Spanish stock exchanges

By: Marleny Arnoldi     2nd May 2018 Uranium developer Berkeley Energia (currently Aim-listed) on Wednesday announced its intention to apply for admission of its ordinary shares to the main board of the LSE and to the Spanish Stock Exchanges (SSEs) of Madrid, Barcelona, Bilbao and Valencia.  

Berkeley Energia targets further cost reductions at the Salamanca mine

By: Simone Liedtke     30th April 2018 Clean energy-focused Berkeley Energia has completed the financing for its Salamanca uranium project, in Spain, and is in the process of undertaking detailed final reviews to ensure the company has the most optimal capital and operating costs. A final selection of contractors is also being finalised. 

Reformist SA, French Presidents increase mutual investment attraction

By: Rebecca Campbell     27th April 2018 French companies are confident in the South African market and in its future, French Embassy Economic Counsellor William Roos assured South African journalists at a recent briefing. He pointed out that some 400 French companies had already set up business in South Africa and others are interested... 

We have the ocean, so why not use it?

26th April 2018 It’s South Africa’s greatest irony – a country ravaged by drought, that’s surrounded by ocean. Home to one of Africa’s busiest ports, it seems almost nonsensical that a country so economically dependent upon the ocean should be facing a water crisis. And yet, in 2018, South Africa’s water woes... 

Global crude steel production up 4% y/y in March

By: Marleny Arnoldi     25th April 2018 World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 148.33-million tonnes in March – a 4% increase compared with production for March 2017.  

Barloworld to sell Iberian equipment business, shares hit

By: Reuters     25th April 2018 Barloworld will sell its underperforming Iberian equipment business to privately-owned Italian group Tesa following a strategic review. Shares in the equipment, car rental and logistics provider fell more than 7% after Wednesday's announcement, in which Barloworld said the overall proceeds of the... 

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