R/€ = 15.48 Change: 0.09
R/$ = 13.16 Change: 0.13
Au 1284.50 $/oz Change: -1.61
Pt 977.00 $/oz Change: -2.00


Cabinet approves coastal tourism plan

By: Anine Kilian     18th August 2017 Cabinet has approved a coastal and maritime tourism implementation plan. In a statement released on Friday, Tourism Minister Tokozile Xasa said the implementation plan was developed by the Department of Tourism in partnership with various tourism stakeholders.   

African conference strives to boost bioenergy industries

     18th August 2017 Global conference organiser Centre for Management Technology (CMT) notes that its Biomass Trade & Bioenergy Africa conference will be held at the Radisson Blu Hotel in Sandton on September 28 and 29. CMT hopes that the conference will further development of the African biomass and bioenergy... 

Biofuels company launches franchise solution

     18th August 2017 Cape Town-based biofuel company Biogreen Diesel will start franchising its ‘Biodiesel & Research model’, to aid in the expansion of the industry and simultaneously increase awareness of biofuels in the region. The company, having made the announcement in June on its website, says it felt it had... 

Diverse assets for infrastructure in demand 

By: Marleny Arnoldi     18th August 2017 In the commercial and industrial property development space, as well as its supporting infrastructure, there is demand for high-quality, diverse assets with strategic locations and offering optimal planning and design, says consultancy firm WSP.  

Draft empowerment code for the defence industry gazetted

By: Keith Campbell     18th August 2017 Trade and Industry Minister Dr Rob Davies has approved and gazetted for public comment the draft Broad-Based Black Economic Empowerment (BBBEE) code for the defence industry, the Department of Trade and Industry (DTI) announced on August 4. In line with the BBBEE Act, there will now be a 60-day... 

Firms joining forces to raise $500m for mining projects, particularly in Africa

By: Ilan Solomons     18th August 2017 Mining investment advisory company MX Mining Capital Advisors and law firm Norton Rose Fulbright South Africa are collaborating to assist in raising about $500-million in finance for mining projects worldwide and for Africa based ones in particularly. MX Mining is focused on raising capital and... 

Industrial base growth will stimulate province’s steel industry

     18th August 2017 Growing the Eastern Cape industrial base will assist in stimulating growth in the struggling steel industry, says the Industrial Development Corporation (IDC). 

Lesotho 20 MW solar photovoltaic project, Lesotho

By: Creamer Media Reporter      18th August 2017 The African Development Bank has approved a $695 000 grant to support a bankable business case for the project. 

Licensing rules for large desalination plants remain challenging

By: Dylan Slater     18th August 2017 With increased debate around water security in South Africa, as a result of growing surface-water scarcity and future uncertainty, the prospect of implementing large-scale desalination of seawater is also increasing.  

LSFB expands into student accommodation

By: Victor Moolman     18th August 2017 Student accommodation requires fast, efficient and sustainable building solutions, prompting the increased use of light steel frame building (LSFB) for its construction, explains Southern African Light Steel Frame Building Association (Sasfa) director John Barnard 

Project aids community development

By: Marleny Arnoldi     18th August 2017 With 70% of the R370-million Cornubia Interchange project complete, construction design and engineering services provider Royal HaskoningDHV and the eThekwini roads provision department say the project is likely to be completed in January next year.  

Sustainable partnerships needed to ensure Africa’s food security

By: David Oliveira     18th August 2017 New approaches and sustainable partnerships are required to ensure food security for Africa’s rapidly urbanising population, says financial services provider Absa senior agricultural economist Wessel Lemmer. According to a January 2017 report by The Sustainable Development Goals Centre for... 

Telematics fleet management solutions guarantee increased profitability

By: Robyn Wilkinson     18th August 2017 When fleet operators are suitably equipped, they are guaranteed to see an increase in profitability as a result of improved fuel consumption, driver behaviour and equipment use while ensuring the safety of their employees and security of their vehicles, says fleet management solutions provider... 

Study urges South Africa to find energy-storage niche

By: Mia Breytenbach     17th August 2017 With energy storage considered to be the “new wave” in the energy sector and increasingly becoming a reality, South Africa needs to prepare itself if it wishes to take advantage of the energy storage growth opportunities within the energy storage stationary value chain and the mobility value... 

It’s time for industry to stand up – Holland

By: Natasha Odendaal     17th August 2017 Dual-listed Gold Fields will oppose the new Mining Charter Three “with everything its got” as the mining industry stands firm in the standoff with the Department of Mineral Resources (DMR). Backing the action taken by the Chamber of Mines (CoM), Gold Fields CEO Nick Holland on Thursday said that,... 

New Development Bank to benefit Africa – Zuma

By: African News Agency      17th August 2017 President Jacob Zuma said on Thursday that the New Development Bank (NDB) was set to benefit infrastructure projects on the African continent as a whole, and having a permanent regional centre showed commitment to that undertaking. “We are therefore happy to know that the bank is working on... 

In a context of State capture, the ‘developmental-State project is almost dead’ 

By: Terence Creamer     17th August 2017 In the context of State capture and corruption, former Deputy Finance Minister Mcebisi Jonas believes South Africa’s “developmental-State project is almost dead”, with resources being diverted away form dealing with the country’s serious unemployment crisis towards poorly governed State-owned... 

Wolf making progress with turnaround plan for UK project

By: Creamer Media Reporter      17th August 2017 Specialty metals producer Wolf Minerals said on Thursday that the operational turnaround plan for its Drakeland openpit mine at the Hemerdon tungsten and tin project in Devon, south-west England, was making good progress. The turnaround plan, which was announced last month, is aimed at achieving... 

Central banks vital for Africa’s integration, says Zuma

By: African News Agency      15th August 2017 President Jacob Zuma has encouraged African central bank governors gathered in Pretoria for the 2017 Governors’ Symposium of the Association of African Central Banks (AACB) to explore ways to improve economic integration, including linking payment systems, across borders on the continent.... 

Bisie boxcut nears completion, first tin concentrates in 2019

By: Ilan Solomons     15th August 2017 Tin exploration and development company Alphamin Resources is nearing completion of the boxcut at its 9 900 t/y Bisie tin project, in North Kivu, in the Democratic Republic of Congo (DRC). Alphamin CEO Boris Kamstra tells Mining Weekly Online that local earthworks contractor Kongo River, which is... 

Strong financials keep Polyus on track to meet production guidance

By: Samantha Herbst     14th August 2017 Following positive operational and financial progress during the first half of 2017, London- and Moscow-listed Polyus remains on track to meet its full-year production guidance of between 2.08-million ounces and 2.13-million ounces. 

AfDB’s sustainable energy fund to support first utility-scale solar PV project in Lesotho

By: Mia Breytenbach     14th August 2017 The African Development Bank- (AfDB-) managed Sustainable Energy Fund for Africa (Sefa) has approved a $695 500 grant to NEO I SPV, a subsidiary of independent power producer OnePower Lesotho, to support the preparation of a bankable business case for the development of the winning project of the... 

Infrastructure Africa encourages African unity through regional projects

     14th August 2017 Intra-African trade sits at around 11% and if Africa could boost its regional integration levels, it would boost its economic growth plans. There is power in numbers and collaboration on infrastructure projects between African nations would be to the benefit of Africa as a whole, whilst also... 

Santos to redirect gas to Pelican Point power station

By: Esmarie Swanepoel     14th August 2017 Oil and gas producer Santos reported on Monday that it had signed an agreement to redirect gas to the Pelican Point power station, to support South Australia’s energy needs. Starting in January next year, Santos will supply 15 PJ of electricity to the power station, through a mix of gas from the... 

EDGE certification system to boost residential green building investment

By: Natasha Odendaal     11th August 2017 The innovation that has been working quietly in the background for some years aiding the cost-effective, simple and fast certification of the residential green building sector was profiled at Drivelines Studios, on Friday. In a breakthrough in the South African market, Edge, an International... 

Meaningful transformation is the journey to BEE success

     11th August 2017 Energy Engineered Products and associate companies, Multi Alloys and E-Metals Cape, are proud to announce that they have attained a Level 4 Black Economic Empowerment (BEE) contributor status. From the first codes of good practice more than a decade ago to the new codes, Energy Engineered... 

Zinc of Ireland announces follow-up drilling at Kildare project

By: Mariaan Webb     11th August 2017 Spurred on by high-grade intercepts at the McGregor and Celtic Tiger prospects at the Kildare project, explorer Zinc of Ireland on Friday announced the start of a Phase 3 drilling programme. The first hole, 006, of the programme is focusing on the McGregor prospect, where ZMI is seeking to extend... 

Amid growing water worries, desalination option enters SA’s supply debate 

By: Dylan Slater     11th August 2017 Scarce surface water resources in South Africa are threatening the availability of potable bulk water, which is also coming under strain because of growing suburban areas and increased demand from consumers. The recycling of wastewater to ensure long-term sustain- ability has been posited as the... 

Mining-impacted water punted as potential source of supply for agriculture 

By: Dylan Slater     11th August 2017 There is a dire need for alternative, sustainable cheap processes to treat mining-impacted water (MIW) and acid mine drainage (AMD), says State-owned research organisation Mintek senior scientist Tamsyn Grewar, who calls for support for irrigation as a preferred reuse activity for the treated MIW... 

Primero craters as Q2 output, cash flow fall

By: Henry Lazenby     11th August 2017 Half the value of Canadian precious metals producer Primero Mining’s NYSE-listed stock has been wiped out on Thursday, after the company reported disappointing second quarter results indicating significant declines in output and cash flows. The dual-listed company, with its flagship San Dimas... 

AgriProtein assessing two new fly-farming sites in South Africa

By: Irma Venter     11th August 2017 Waste-to-nutrient group AgriProtein will expand its presence in South Africa with two new fly-farming sites, while also growing its research and development function in the country, says CEO Jason Drew. AgriProtein started operations in Cape Town in 2015, launching the world’s first... 

Amid growing water worries, desalination option enters SA’s supply debate

By: Dylan Slater     11th August 2017 Scarce surface-water resources in South Africa are threatening the availability of potable bulk water, which is also coming under strain because of growing suburban areas and increased demand from consumers. The recycling of wastewater to ensure long-term sustainability has been posited as the... 

Creative farming methods ensure sustainability

By: Robyn Wilkinson     11th August 2017 Amid extreme weather, regulatory barriers and import competition, South African farmers need to think creatively about farming practices – not only to reduce costs but also preserve an environment that is struggling under the pressures of a growing global population, says agriculture... 

Open Design festival to be held in Cape Town this month

By: Dylan Slater     11th August 2017 The yearly design and innovation gala the Open Design Cape Town Festival will be held in conjunction with a new symposium on the way in which art, design, mathematics, science and technology can collaborate to ignite innovation.  

Small farms an economical option in South Africa

By: Robyn Wilkinson     11th August 2017 While many medium-sized farms have been unable to weather the challenges facing the South African agricultural industry and have consequently been absorbed by larger commercial farms, smaller farmers are proving that it is possible to generate a sustainable income from a modest operation through... 

Stakeholder support integral to urban farming in S Africa

By: Robyn Wilkinson     11th August 2017 While the appetite for urban farming exists in South Africa, more needs to be done to motivate stakeholders from both the private and public sectors to play a role in creating and growing successful projects that can be translated into sustainable investments, say engineering and infrastructure... 

Think-tank hands over title deeds to residents of Western Cape town  

By: Ilan Solomons     11th August 2017 Think tank the Free Market Foundation’s (FMF’s) Khaya Lam land reform project last month handed over the latest batch of title deeds to residents in the town of Grabouw, in the Western Cape, thereby taking the project’s total title deed handover tally to 1 360. Khaya Lam project manager Perry... 

Jubilee’s shares rise as it secures funding to advance metals recovery strategy

By: Creamer Media Reporter      10th August 2017 The share price of dual-listed Jubilee Platinum rose by as much as 9.23% on the JSE on Thursday morning, after announcing it had secured $50-million in project funding to support the growth strategy for its metals recovery business. The company has executed a funding agreement with RiverFort... 

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