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Liquid eyes further expansion as Cape to Cairo links up

By: Natasha Odendaal     18th October 2018 Pan-African telecommunications group Liquid Telecom is eyeing further expansion across the African continent after completing its Phase 1 decade-long project of connecting a 60 000 km network from Cape Town, South Africa, to Cairo, Egypt. The group on Thursday reported that, following the... 

Jubilee reports solid Q3 performance, growing demand

By: Simone Liedtke     17th October 2018 AltX- and Aim-listed Jubilee Metals has seen a growing demand from both small and global mining companies wanting to work with Jubilee to access the metals available in mine waste, CEO Leon Coetzer said on Wednesday. This statement comes amid the diversified metals recovery company having... 

South African company building new smelter in Zimbabwe

By: Victor Moolman     17th October 2018 Foundry and engineering company Thos Begbie is working in the Great Dyke of Zimbabwe, close to the town of Shurungwi, where it is helping to construct the Unki platinum smelter, adjacent to a mining operation owned by platinum mining company Anglo American Platinum (Amplats). Thos Begbie was... 

Zambian power firm CEC divests from telecoms business

By: Reuters     17th October 2018 Copperbelt Energy Corp (CEC) has sold its 50% stake in CEC Liquid Telecom to Pan-African telecoms group Liquid Telecommunication Holdings, the power firm said on Tuesday. CEC, Zambia's main supplier of power for its mines, and Liquid Telecom were equal partners in the joint telecoms firm since... 

Zambian mining group says tax changes will hit mineral exploration

By: Reuters     16th October 2018 Zambia's proposed mining tax increases will hit mineral exploration and production in Africa's second biggest copper producer, companies involved in exploration said on Tuesday. Zambia plans to introduce new mining duties, replace Value Added Tax with sales tax and increase royalties to help... 

MeerKAT telescope described as 'a quantum leap forward'

By: Kim Cloete     16th October 2018 The launch of Ghana’s Kutunse radio telescope, as well as South Africa’s 64-dish MeerKAT telescope have been lauded as examples of what can be achieved when African countries work together in the interests of science and technology. South African Science and Technology Minister Mmamoloko... 

Arc Minerals reports elevated copper intersections at Zambia project

By: Simone Liedtke     16th October 2018 Aim-listed Arc Minerals on Tuesday reported additional reverse circulation and diamond drill assay results from the company’s 11 000 m drilling programme at the Kalaba prospect, which is part of its Zamsort copper/cobalt project, in Zambia. The results found that mineralisation continues to be... 

Cavex® Hydrocyclones Expand Footprint Across Africa

16th October 2018 Weir Minerals Africa has expanded its Cavex® hydrocyclone footprint across Africa with its most two recent orders going into the Central African Copperbelt; one in Zambia and one in the Democratic Republic of Congo (DRC). Sheldon Gabriel, Product Manager – cyclones at Weir Minerals Africa, says... 

ExecuJet welcomes first Pilatus PC-24 aircraft to its fleet 

By: Simone Liedtke     15th October 2018 Luxury aviation company ExecuJet on Monday welcomed the first Pilatus PC-24 aircraft in Africa to its premises at Lanseria International Airport, in Johannesburg. ExecuJet, which held a photo opportunity on Monday, is the first business aviation company in Africa to operate and manage a Pilatus... 

Galileo hits high zinc mineralisation in Phase 2 drilling programme

By: Marleny Arnoldi     15th October 2018 Aim-listed Galileo Resources has completed its Phase 2 diamond drilling programme and reported positive assay results so far for the first eight holes analysed, at its 80.75%-owned Star Zinc project, in Zambia. Phase 2 comprised 24 holes totalling about 1 000 m to depths, from surface, of... 

South Africa committed to African air transport liberalisation – Minister

By: Rebecca Campbell     12th October 2018 South African Transport Minister Dr Blade Nzimande reaffirmed on Friday the country’s commitment to the implementation of the Yamoussoukro Decision (YD) on liberalising air transport across Africa. He did so in a speech to the 48th annual general meeting of the Airlines Association of Southern... 

Southern African airlines face losses and slow growth, says industry association 

By: Rebecca Campbell     12th October 2018 The Airlines Association of Southern Africa (AASA) has forecast that airlines in the Southern African Development Community (SADC) region will suffer total losses of $300-million for this year. This would be in sharp contrast to the expected total profit of $33.8-billion for the global airline... 

Barrick Gold maintains 2018 gold and copper guidance

By: Mariaan Webb     11th October 2018 NYSE- and TSX-listed Barrick Gold has maintained its 2018 production guidance at 4.5-million to 5-million ounces and its copper guidance at 345-million to 410-million pounds, after reporting preliminary third-quarter production results. The miner, which recently agreed to buy London-listed... 

ERG bets on cobalt from Congo in quest for growth

By: Reuters     9th October 2018 Eurasian Resources Group (ERG) plans to ramp up cobalt output at its Democratic Republic of Congo (DRC) facility as it expects the electric car industry to boost demand for the metal, ERG CE Benedikt Sobotka told Reuters. ERG, a global mining and metals group with Kazakh roots, aims to raise... 

SKF ReMan boosts customer productivity through short lead times of refurbished LSBs

9th October 2018 SKF ReMan recently assisted two key customers in reducing input costs and improving their profitability through efficient sourcing, team collaboration, excellent refurbishing capabilities and ‘just in time’ delivery of Large Size Bearings (LSBs). Seamless operation is fundamental to the... 

EDF, GIBB form GIBB Power partnership

By: Tasneem Bulbulia     8th October 2018 Through a new partnership between EDF and GIBB, finalised last week, GIBB Power aims to become a reference-engineering platform, specialising in supporting energy projects and offering solutions to overcome the challenges of Africa’s energy transition. GIBB Power is owned 70% by GIBB and 30% by... 

Mining firms say Zambia's tax hike plan would ruin economy

By: Reuters     4th October 2018 Zambia's proposed mining tax increases would hobble Africa's second biggest copper industry, companies said on Thursday, a further warning to investors already concerned about the country's mounting debt. Several mines would become unprofitable if the tax plans were implemented with overall... 

Ventilation Fan Test Column At Marthinusen & Coutts A First On The Copperbelt

3rd October 2018 Access to a ventilation fan performance test column installed at Marthinusen & Coutts Zambia, a division of ACTOM (Pty) Ltd, offers a major advantage to mines on the Zambian and DRC Copperbelt. Significantly, this is the only fan test column in the region and was commissioned at the Kitwe based... 

Zambia mines to pay mineral royalties in dollars to stabilize kwacha

By: Reuters     3rd October 2018 Zambia has asked mining companies to pay mineral royalties directly to the central bank in dollars as one of the measures to help stabilise its kwacha currency , its finance minister said on Tuesday. The kwacha gained more than 5% to close at 11.9500 per dollar on Tuesday after hitting 12.6750 on... 

Tullow Oil optimistic about prospects in Africa

By: Kim Cloete     2nd October 2018 Oil and gas exploration and production company Tullow Oil has outlined its sharper and deeper focus on Africa, with upbeat outlooks for its projects in both West and East Africa.   Despite a shift to cleaner energy and alternative energy sources, Tullow Oil also believes there will be strong... 

Japan's Kansai to help Zambia paint out malaria

By: Reuters     2nd October 2018 Kansai Plascon, owned by Tokyo-listed Kansai Paint, has launched the world's first mosquito repellant paint in Zambia to help it reach a target to eliminate malaria by 2021, the company and a Japanese government official said. Malaria, spread by mosquitoes, is a treatable disease if caught early,... 

Cranes For Tankhouses

1st October 2018 The African market for tankhouse cranes is flourishing, with strong demand in a geographical band stretching from the Equator to the Tropic of Capricorn.  For end users of this type of crane, the main concern remains the same – prompt and effective after sales service. Tankhouse cranes are... 

Gemfields in strong position to support planned growth

By: Simone Liedtke     28th September 2018 Gemfields Group Limited (GGL) is now in a strong position to support the planned growth of its underlying mining operations in Zambia and Mozambique, as well as to further develop its Faberge business and progress its bulk sampling in Ethiopia, it said in a report to shareholders for the six... 

Zambia hikes mining taxes in 2019 budget to rein in debt

By: Reuters     28th September 2018 Zambia will introduce new mining duties and increase royalties to help bring down mounting debt and narrow its fiscal deficit, Finance Minister Margaret Mwanakatwe said on Friday. Presenting a 86.8-billion kwacha ($7.10-billion) budget, Mwanakatwe said Zambia planned to trim its fiscal deficit to... 

Hwange Colliery narrows interim loss, signs of recovery shown

By: Tasneem Bulbulia     28th September 2018 Hwange Colliery Company has narrowed its loss for the six months ended June 30 to $23-million, compared with a loss of $24.5-million reported for the six months to June 30, 2017. Despite the loss position, the financial results indicate signs of recovery. 

Company eyes expansion into Africa

By: Evert Wasserman     21st September 2018 Owing to its ability to adhere to State-owned power utility Eskom’s stringent electrification infrastructure requirements, electrical solutions and engineering provider Gridbow has expanded its services into other African countries. “Contrary to popular belief, Eskom has very stringent rules with... 

Lingering misgivings

21st September 2018 I start with a mea culpa this week. In the September 7 edition, I waxed lyrical about the exploits of Sophia, the humanoid robot, at the SAPNow conference, which had been held in Johannesburg the previous week to showcase some of the latest developments in artificial intelligence, the Internet of... 

Chicago Pneumatic makes it a hat trick of genset give-ways at Zambia MTEs

19th September 2018 August 2018 saw Chicago Pneumatic travel to Zambia to display its generator prowess at three highly successful Mining & Technical Exhibitions (MTEs) as part of its pledge to give away a CPPG5 portable generator at each of the mining exhibitions during 2018. A renowned leader in compact, high... 

Engen operations in nine African countries transfer to Vivo Energy in March 2019

By: Marleny Arnoldi     18th September 2018 Oil company Engen Holdings’ operations in nine sub-Saharan African countries will be transferred to JSE-listed downstream petroleum company Vivo Energy on March 1, 2019. The $203.9-million transaction will see Vivo’s retail service station network expand from 15 to 23 countries in Africa,... 

Anglo American asks Angola for permission to explore for metals

By: Reuters     14th September 2018 Anglo American, one of the world's largest commodities miners, has asked Angola for permission to explore for base metals, the country's Ministry for Mines said on Friday. Anglo, which operates diamond, copper, platinum mines around the world, submitted a letter of intent to invest in the... 

Consultancy pursues innovation, growth

14th September 2018 Engineering consultancy AZMET continues to showcase South African engineering talent to a global audience, and the company is pursuing a number of plans for further expansions and opportunities that exist for organisations willing to innovate, says AZMET marketing director Ruan Kukard. AZMET,... 

Renewable-energy guide offers insight into maturing African markets

By: Schalk Burger     14th September 2018 Global law firm DLA Piper has characterised the regulatory environments for renewable-energy projects in 12 African countries in response to developing markets on the continent, says DLA Piper Global co-chair of energy sector Natasha Luther-Jones. Renewable energy projects are becoming... 

Galileo to acquire Kabwe residual rights, 95% stake in Star zinc project

By: Marleny Arnoldi     13th September 2018 Aim-listed Galileo Resources has executed a heads of agreement to acquire the Kabwe residual rights, in Zambia, from BMR Group. The acquisition excludes BMR’s small-scale licence which is used as a zinc/lead/vanadium tailings recovery project, situated within the Kabwe mining licence.  

VIPs attending Infrastructure Africa attest to big infrastructure opportunities on the continent

By: Creamer Media Reporter      12th September 2018 Infrastructure Africa is bringing together global and regional infrastructure leaders and experts to attend the 7th annual event, kicking off in Sandton Convention Centre, Johannesburg on the 9 -10th October 2018. Africa’s premier infrastructure event continues to grow its line-up of stellar... 

Johnson Crane Hire Rolls Out Its Own ‘Big Five’

10th September 2018 Customers of Africa’s lifting leader Johnson Crane Hire were recently treated to an impressive display of a selection of the company’s lifting equipment at an open day where its heavy lift fleet was likened to the ‘big five’ of the wild. “Johnson Crane Hire is a home grown South African business,... 

Zambia's SMEs urged to raise packaging standards to improve global competitiveness

By: African News Agency      10th September 2018 The International Trade Centre (ITC) on Monday urged Zambia's small and medium enterprises to improve packaging standards to make their products more competitive on international markets and also called for more investment into local packaging centres for agri-food processors. Speaking at the... 

ENRC wins UK appeal in attorney-client privilege case

By: Bloomberg     6th September 2018 A UK appeals court on Wednesday overturned a decision forcing a Kazakh mining company to hand over documents to prosecutors who are investigating the firm for corruption, marking a decisive victory for law firms helping firms manage fraud and bribery cases. The ruling means that Eurasian Natural... 

Zambia seen considering higher mine taxes to trim Budget gap

By: Bloomberg     6th September 2018 Zambia plans to trim its fiscal deficit next year even as Africa’s second-biggest copper producer boosts spending. It may be considering raising mine taxes to achieve that, according to analysts. The Finance Ministry is targeting a budget shortfall of 6.5% of gross domestic product next year,... 

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