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Government considering ban on microbeads after Gauteng drinking water is found to be contaminated

By: News24Wire      10th August 2018 The government has set up a task team to look at imposing a total ban on microbeads – the tiny plastic beads used in cosmetics, toothpaste and sandblasting. This comes after a Water Research Commission study found microplastic pollution in tap water in Johannesburg and Tshwane, as well as in all... 

In Senegal, China's President Xi pledges stronger Africa ties

By: Reuters     23rd July 2018 China's President Xi Jinping pledged during a visit to Senegal on Saturday to strengthen economic ties with Africa, a continent already awash with cheap Chinese loans in exchange for minerals and huge construction projects. Xi arrived in Senegal on Saturday for a two-day visit to sign bilateral... 

Nickel market deficit increases, but surplus expected by 2020 – BMI

By: Marleny Arnoldi     26th June 2018 BMI Research anticipates the global refined nickel market to remain in a slight deficit this year, as global production remains subdued.  

China continues to encourage foreign mining investment

By: Rebecca Campbell     22nd June 2018 In early April the People’s Republic of China established a new Ministry, that of Natural Resources (MNR). The creation of the new Ministry was part of a programme to restructure the country’s State Council (Cabinet). The MNR took over all the responsibilities of the previous (and now... 

Import duty causes fallout for stainless steel fastener suppliers

By: Tasneem Bulbulia     22nd June 2018 Stainless steel nuts, bolts and fasteners supplier Fastenright has been forced to increase the selling prices of its stainless steel fasteners, a detrimental consequence of the International Trade Administration Commission of South Africa’s (Itac’s) changing import duties, Fastenright MD Rainer... 

Africa needs to attract foreign investment to achieve development, advises China

By: Rebecca Campbell     22nd June 2018 "Foreign investment can be a very practical, convenient and viable way for industrialisation," stressed Ambassador Zhou Yuxiao, Beijing's emissary to the Forum on China-Africa Cooperation (FOCAC), at the recent Africa Institute of South Africa-Human Sciences Research Council/Embassy of the... 

Asian giant supports African industrialisation – ambassador

By: Rebecca Campbell     22nd June 2018 Industrialisation is necessary for Africa to achieve sustainable development. "Only by realising sustainable development could Africa escape foreign interference." These points were made by Chinese Ambassador to South Africa Lin Songtian at the recent Africa Institute of South Africa-Human... 

Asia's thermal coal demand poised to grow

By: Esmarie Swanepoel     19th June 2018 Asia’s thermal coal demand could increase by some 400-million tonnes by 2030, a new report commissioned by the Minerals Council of Australia (MCA) found. Asian thermal coal demand is expected to grown from the 740-million tonnes in 2017, to 1.147-billion tonnes in 2030. 

Optimistic diamond price outlook could underpin a return to profit, dividends – Zimnisky

By: Henry Lazenby     24th May 2018 Absent any significant global economic disturbances disrupting consumer diamond demand, incremental year-on-year diamond production declines are forecast to drive real diamond prices up by about 10% cumulatively from 2018 through 2021, or 17% in nominal terms, a new report by independent analyst... 

Africa's last absolute monarch renames Swaziland as eSwatini

By: Reuters     20th April 2018 Swaziland's King Mswati III, Africa's last absolute monarch, said on Thursday he was officially renaming the country as the Kingdom of eSwatini. He announced the change to eSwatini, meaning "land of the Swazis", in the local Swati language at Golden Jubilee celebrations of the fifteeth... 

Company and distribution partner provide largest range of tools in S. Africa

By: Victor Moolman     6th April 2018 Owing to its well-established relationship with its loyal distribution partners and distribution network in Southern Africa, a large range of about 5 200 individual line items of hand tools from professional tools manufacturer Jonnesway are being used in Southern Africa, says Carel Venter, the... 

Adani is said to delay Australia coal shipment, eyes deals

By: Bloomberg     29th March 2018 Indian conglomerate Adani Enterprises Ltd. will miss its original deadline to start shipping thermal coal from one of the world’s biggest planned mines due to funding difficulties, even as it eyes export deals with Asian companies. The billionaire Gautam Adani-backed company has abandoned a 2020... 

Tyrexpo Africa 2018: Africa’s gateway to the continent’s Tyre Community coming in April 2018

23rd March 2018 Over 2,500 international, regional and local tyre manufacturers, OEMs, distributors, dealers, retailers fleet operators and garage owners will convene at Tyrexpo Africa (co-located with GarageXpoAfrica), to be held at the Gallagher Convention Centre Hall 2, Johannesburg on 10 – 12 April 2018 The... 

Rio Tinto sees iron-ore market staying balanced through 2019 – exec

By: Reuters     23rd March 2018 Rio Tinto expects the global iron ore market to stay balanced through 2019 despite a likely moderation in steel demand growth in China, the world's biggest steel consumer, a senior executive said on Friday. "I think the iron-ore market is pretty well balanced...We don't see remarkable change in... 

Vanitec Applauds New Stricter Chinese Rebar Standard

15th February 2018 Vanitec, the International Trade Association representing the companies and organisations involved in the processing, manufacture, mining, research and use of vanadium and vanadium-containing products, today praised the Standardization Administration of the People’s Republic of China on its... 

New dawn for platinum mining – Robert Friedland

By: Martin Creamer     7th February 2018 New cars being produced in Japan have platinum- and copper-intensive fuel cell drives that outdo battery-powered electric vehicles (EVs) in cold climates as the EV batteries drain when the heaters are switched on, Ivanhoe Mines executive chairperson and founder Robert Friedland said on Wednesday.... 

Japan's record exports, manufacturing, point to powerhouse economy

By: Reuters     24th January 2018 Japan’s exports to China and Asia hit record levels as shipments rose for a thirteenth straight month in December and manufacturing growth hit a four-year high in January, pointing to an economy that powered through the fourth quarter and into 2018. The Ministry of Finance (MOF) said on Wednesday... 

WEF 2018 meeting to feature record number of world leaders

By: African News Agency      18th January 2018 A record number of heads of state, government and international organisations, as well as leaders from business, civil society, academia, the arts and media, are set to attend the World Economic Forum’s (WEF) 48th annual meeting taking place in Davos-Klosters, Switzerland, from January 23 to 26.... 

Zimnisky Diamond Price Index rises as demand improves

By: Henry Lazenby     20th December 2017 The Zimnisky Global Rough Diamond Price Index has gained 2.7% up to mid-December, with polished prices are down 3.5% in the same period, diamond analyst Paul Zimnisky said in a new blog post. The reason for this, according to the New York-based analyst, is that 2017 has been a year of excess... 

Zinc deficit grows 30% in first eight months of 2017; lead narrows gap – ILZSG

By: Henry Lazenby     11th October 2017 The zinc supply gap has widened by 30% year-on-year for the first eight months of this year, new data published by the International Lead and Zinc Study Group (ILZSG) shows. The Lisbon, Portugal-based organisation on Wednesday said the zinc deficit had grown from 221 000 t over the same... 

South African nuclear deal to boost debt – Safcei 

By: African News Agency      11th October 2017 The Southern African Faith Communities’ Environment Institute (Safcei) told South African President Jacob Zuma and the Minister of Energy on Tuesday that it was worried about the country’s planned nuclear deal triggering a surge in debt. The faith-based NGO said it had delivered a letter to the... 

New acid gas scrubber up to standard

By: Robyn Wilkinson     15th September 2017 Testing, inspection and certification services provider TÜV Rheinland Quality Services South Africa has ensured that the design and fabrication of a new 15-m-long acid gas scrubber for one of South Africa’s largest fuel refineries has met all quality and safety requirements for pressure vessels. 

Bamin inks MoU to develop Brazil-based iron-ore project

By: Schalk Burger     4th September 2017 Diversified resources producer Eurasian Resources Group’s (ERG’s) wholly owned Brazilian subsidiary, Bahia Mineração (Bamin), has signed a memorandum of understanding (MoU) with the Brazil state of Bahia and a consortium of Chinese companies to develop a $2.4-billion integrated mining and... 

Bushveld repays $3m Wogen facility

By: Creamer Media Reporter      22nd August 2017 Diversified mineral development company Bushveld Minerals’ Bushveld Vametco subsidiary has agreed with Wogen Resources to retire the $3-million prepayment facility entered into, in March, to help fund the acquisition of a 78.8% interest in Strategic Minerals Corporation (SMC) from Evraz Group.... 

Zinc’s six-month deficit grows 3% y/y – ILZSG

By: Henry Lazenby     22nd August 2017 The latest date published by the International Lead and Zinc Study Group (ILZSG) has found a 3% year-on-year wider zinc market supply gap for the first six months of 2017. According to preliminary data recently compiled by the ILZSG, the global market for refined zinc metal was in deficit by 203... 

Glencore to acquire 49% of Hunter Valley Operations

By: Martin Creamer     27th July 2017 Diversified mining and marketing company Glencore announced on Thursday that it had signed agreements with Yancoal Australia Limited (Yancoal) to acquire a 49% interest in the Hunter Valley Operations (HVO) coal mine in New South Wales and form a joint venture (JV) following Yancoal's acquisition... 

World copper market shows 80 000 t surplus in first four months of 2017

By: Henry Lazenby     21st July 2017 The world refined copper balance for the first four months of 2017 indicates a surplus of about 80 000 t, the International Copper Study Group (ICSG) reported on Thursday. It ascribed the surplus mainly to a decline in Chinese apparent demand, a market that currently accounts for about 48% of the... 

Zuma arrives in Germany for G20 Summit

By: African News Agency      6th July 2017 South Africa President Jacob Zuma arrived in Hamburg, Germany, on Thursday morning for the Group of 20 (G20) Leaders’ Summit which is scheduled to take place on July 7 and 8 under the theme “Shaping an Interconnected World”. South Africa is one of the 19 member countries of the G20 which, in... 

Glencore increases offer for Rio Tinto’s C&A assets

By: Megan van Wyngaardt     23rd June 2017 In light of reports on Tuesday that diversified miner Rio Tinto urged its shareholders to vote in favour of the sale of its wholly-owned subsidiary Coal & Allied Industries (C&A) to Yancoal Australia, as opposed to electing the counter offer from Glencore, the latter has raised its offer to... 

Manufacturer gears up to meet growing fastening systems demand

By: Robyn Wilkinson     23rd June 2017 Owing to its recent move to larger premises, fastening systems manufacturer Easyhold will increase its stockholding and provide better service for its growing customer base, says operations director Simon Barnard. 

Advanced tech key to unlocking future competitiveness

By: Nica Schreuder     23rd June 2017 According to the Deloitte 2016 Global Manufacturing Competitiveness Index, CEOs globally believe that advanced manufacturing technologies are key to unlocking future competitiveness. “As the digital and physical worlds converge within manufacturing, executives indicate the path to manufacturing... 

A new botnet is lurking as Hajime has 300,000 devices waiting orders

29th May 2017 If you thought the IoT botnet Mirai was bad, Westcon-Comstor warns of Hajime, which currently has 300,000 obeying devices which is currently conquering the Internet of Things world.   Hajime is, according to Westcon-Comstor vendor partner Kaspersky “a mysterious evolving Internet of Things (IoT)... 

Down with State security! Long live national security!

By: Keith Campbell     26th May 2017 Why does South Africa have a Ministry of State Security? (The official South African Government website refers to it as a Ministry, although it is also officially referred to as a Department.) Let me make the question clearer: why does South Africa have a Ministry/Department of STATE Security? As... 

AMSA insists 12% hot-rolled-coil safeguard won’t translate into abrupt price hike

By: Terence Creamer     15th May 2017 Steel producer ArcelorMittal South Africa (AMSA) insists that the institution of a 12% safeguard duty on hot-rolled coil (HRC) from July 1 will not result in a commensurate rise in domestic prices for the primary-steel product, owing to a pricing agreement with government that regulates the... 

Utility expo to highlight off-grid project developments

By: David Oliveira     5th May 2017 African Utility Week, taking place from May 16 to 18, in Cape Town, will showcase how the continent is creating innovative, home-grown solutions for its energy and water challenges, and how these are creating opportunities for utilities and industry suppliers. The event will give voice to the... 

Cape Town initiates study into viability of affordable-bicycle plant

By: Irma Venter     14th April 2017 The City of Cape Town is studying the viability of establishing a bicycle plant in the city, says Cape Town Transport and Urban Development Authority commissioner Melissa Whitehead. “As far as we know, there is no affordable bicycle manufacturing plant in the whole of Africa.” 

MCA calls for Australia’s pursuit of trade liberalisation

By: Esmarie Swanepoel     28th March 2017 The Minerals Council of Australia (MCA) has proposed a number of measures to boost Australia’s international engagement in its submission to the federal government’s Foreign Policy White Paper, calling on the government to pursue further trade liberalisation, maintain an open foreign investment... 

Bushveld secures financing to aid in acquisition of SMC stake

By: Natasha Odendaal     20th March 2017 Aim-listed Bushveld Minerals has secured a definitive sales and marketing agreement with Wogen Resources to aid the financing of Bushveld Vametco’s acquisition of a 78.8% interest in Strategic Minerals Corporation (SMC) from Evraz. Bushveld Minerals announced on Monday that the five-year... 

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