R/€ = 16.59 Change: -0.25
R/$ = 13.98 Change: -0.14
Au 1289.10 $/oz Change: -2.10
Pt 936.50 $/oz Change: 2.50


China iron-ore, steel prices rise ahead of output curbs

By: Reuters     14th November 2017 China's iron ore futures edged up on Tuesday along with prices for steel rebar, buoyed as some steel mills ramped up production a day before winter output cuts take full effect. Industrial plants in northern China have been ordered to curb output by up to 50% during the heating season that kicks... 

Meridian reports record Q3 output, sales; new offtake accord

By: Henry Lazenby     11th October 2017 Manganese miner Meridian Mining has reported new record production and sales at its flagship Espigão project, in Rondônia, Brazil. London, UK-based Meridian achieved production of 18 488 t in the third quarter ended September 30, compared with 13 445 t in the comparable period a year earlier – a... 

Govt officials to receive training on special economic zones in China

By: African News Agency      22nd May 2017 A group of 34 Special Economic Zones (SEZs) practitioners and supporting sector specialists from the trade and industry department (dti), provincial departments, and agencies responsible for implementation of the SEZ programme leave for Tianjin in China on Monday to attend the 4th capacity... 

China’s first home-grown commercial jetliner makes maiden flight

By: Keith Campbell     19th May 2017 In what could be the most significant development in global commercial aviation since the prototype of the first Airbus airliner (the A300) made its maiden flight in late 1972, the Commercial Aircraft Corporation of China’s (Comac’s) C919 single-aisle airliner made its first flight, from Shanghai... 

China’s first domestically-designed commercial airliner makes its maiden flight

By: Keith Campbell     5th May 2017 In what could be the most significant development in global commercial aviation since the prototype of the first Airbus airliner (the A300) made its maiden flight in late 1972, the Commercial Aircraft Corporation of China’s (Comac’s) C919 single-aisle airliner made its first flight, from Shanghai... 

Mining majors' shares pull back as iron, copper prices retreat

By: Henry Lazenby     18th April 2017 Major miners saw their respective stocks pull back on Tuesday on the back of weaker iron-ore and base metals prices, despite the latest Chinese economic data showing better-than-expected growth in the first quarter of 2017. Major miners traded in the red on Tuesday, including the world’s largest... 

Aspire starts feasibility study for Mongolia rail project

By: Mariaan Webb     18th August 2016 Mongolian metallurgical coal explorer and infrastructure company Aspire Mining has started the first stage of the rail feasibility study for the Erdenet to Ovoot railway, which is critical to the development of the Ovoot coking coal project. The railway forms part of the new Northern Rail... 

Aspire subsidiary awarded concession for cross-country rail corridor

By: Samantha Herbst     29th June 2016 ASX-listed metallurgical coal explorer and infrastructure company Aspire Mining’s subsidiary, Northern Railways, has been awarded a rail concession from the Mongolian government to build, operate and transfer a 547 km section of the newly agreed upon Northern Rail Corridor from Erdenet, in... 

Govt officials to receive SEZ training in China

By: Creamer Media Reporter      21st April 2016 A group of 20 government employees – comprising Department of Trade & Industry (DTI) officials involved in the planning, development, management and operations of special economic zones (SEZs) in South Africa – will depart for Tianjin, China on Friday to participate in a month-long... 

Mather + Platt

By: Zandile Mavuso     18th March 2016 Established in 1952, pump manufacturer and distributor Mather + Platt is a manufacturer of several pump models used in various applications across industries.  

Air China offers first direct Beijing–Jhb flights

By: Natalie Greve     11th August 2015 Becoming the first air link offered by a Chinese carrier between mainland China and South Africa, as well as Air China's first route to Africa, the Asian carrier has announced that it will launch a nonstop service between Beijing and Johannesburg from October 29. The introduction of the direct... 

China to use up nickel ore port inventories by April 2015

By: Henry Lazenby     4th November 2014 Chinese ports are expected to run down their nickel ore inventories by April next year, Chinese metals market intelligence firm Shanghai Metals Market (SMM) said. The firm last week noted that nickel ore inventories had been falling at China’s five major ports, – Tianjin, Rizhao, Lanshan,... 

European airliner company deepens presence in China

By: Keith Campbell     24th October 2014 European airliner manufacturer Airbus has signed a Letter of Intent (LoI) with the Tianjin Free Trade Zone (TJFTZ) and the Aviation Industry Corporation of China (Avic) which reconfirms a programme to establish a Completion and Delivery Centre for A330 wide body airliners in Tianjin. The TJFTZ... 

Tianjin Zhongwang Aluminium orders three ingot scalpers from SMS Meer

     9th October 2014 Tianjin Zhongwang Aluminium from Tianjin, China, has placed an order with SMS Meer for the delivery of three ingot scalping lines. The scalpers will be used for the manufacture of plate products, standard sheet products and foils. With this invest-ment Tianjin Zhongwang will step... 

Imminent arrival in China of first Kalagadi manganese sinter – Metmar

By: Martin Creamer     5th May 2014 The arrival in China of the vessel carrying the first bulk shipment of manganese sinter from the Kalagadi tolling project in the Northern Cape is imminent. The sinter is from South Africa’s black-owned, black-managed and State-backed Stanley Nqobizizwe Nkosi manganese sinter plant near Hotazel,... 

Airbus and China take their partnership into the future

     27th March 2014 • Tianjin A320 Final Assembly Line to be extended for another 10 years • ATM cooperation to enhance Chinese airspace capacity • Multiple initiatives to boost aviation’s sustainability in China focused on Wide-body fleet development • Commitment for 70 Airbus aircraft including 27 A330 long range... 

Airbus starts final assembly of best-selling A320neo

     17th March 2014 A320neo programme on-track for first flight in Q4 2014 Airbus has started final assembly of the first A320neo at its Final Assembly Line in Toulouse (France), with the join-up of the forward and aft fuselage sections which recently arrived from St. Nazaire in France and Hamburg in Germany... 

Pollution worries as China’s yearly vehicle sales breach 20m level

By: Bloomberg     24th January 2014 China became the first country in which more than 20-million vehicles were sold in any given year as Toyota to General Motors (GM) and Volkswagen delivered a record number of cars there. Total deliveries rose 14% to 21.98-million units last year and may exceed 24-million in 2014, the state-backed... 

China takes cautious step towards carbon emissions trading 

By: Reuters     18th June 2013 China launched its first pilot carbon emissions exchange on Tuesday, though plans for a nationwide roll out and efforts to apply the scheme to some polluting heavy industries could be undermined by a slowdown in the world's No.2 economy. High-emission industries such as aluminium and steel are... 

Company Announcement: A320 Sharklet EASA certification paves the way for airlines to benefit from significant fuel savings potential

     3rd December 2012 Airbus has achieved on schedule certification for its new fuel-saving Sharklets for the A320 Family with CFM engines 

Rio completes Alcan Cable sale

By: Esmarie Swanepoel     5th September 2012 Global miner Rio Tinto has completed the sale of the North American portion of its Alcan Cable business for $151-million. Alcan Cable, which employs 1 051 people, has five manufacturing operations, a distribution centre and a dedicated technology development center in North America and an... 

Company Announcement: Rio Tinto completes sale of Alcan Cable’s North American business

     5th September 2012 Rio Tinto has completed the sale of the North American portion of its Alcan Cable business to General Cable Corporation for $151 million in cash, subject to customary adjustments primarily related to working capital levels at closing 

Company Announcement: Assembly line in China completes the 100th A320 Family aircraft

     31st August 2012 Airbus and Chinese partners agree on a framework concerning FALC project extension 

Company Announcement: Airbus to establish assembly line in United States

     3rd July 2012 Industry-leading A320 Family aircraft to be made in largest single-aisle aircraft market  


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