Anine Kilian

https://staging1.creamermedia.com/

Anine Kilian

Anine Kilian is a Creamer Media Contributing Editor Online for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Enel starts construction of its first power plant in Zambia

7th September 2018 Enel Group’s global renewable energy division Enel Green Power (EGP) has started construction on the 34 MW Ngonye solar photovoltaic (PV) plant, which is the group’s first power plant in Zambia. The PV facility, which is located in Lusaka South Multi-Facility Economic Zone in the country’s south,... →

Engineering milestone as $100m Lesotho dam achieves full capacity

7th September 2018 The new $100-million Metolong dam, in Lesotho, has achieved a significant project success this year, with the dam spilling for the first time since its completion in 2016. Spilling occurs when the dam is at full capacity, and the dam’s spillway – meant to direct excess water downstream during... →

Financial backing for Nigeria fertiliser plant expansion

7th September 2018 The Emerging Africa Infrastructure Fund (EAIF) on Wednesday announced the financial close of its 11-year $35-million loan to Indorama Eleme Fertiliser & Chemicals (IEFCL). The transaction is part of the financing of a $1.1-billion expansion of IEFCL’s existing fertiliser plant at Port Harcourt,... →

Diamond sector must do more to tackle transparency challenge – rights groups

31st August 2018 The diamond industry continues to be tainted by links between diamonds and human rights abuses, conflict finance and corruption. This is according to Global Witness conflict resources campaign leader Michael Gibb, who notes that, although the diamond industry is not the only sector facing these... →

Sasol expects 2019 to be defining year for big US project

31st August 2018 Integrated chemicals and energy company Sasol on Monday reported a 22% year-on-year decrease in its headline earnings a share to R27.44 for the financial year ended June 30. Speaking at a presentation of the group’s results on Wednesday, joint president and CEO Bongani Nqwababa said core headline... →

Nxesi says women in construction sector need more support

31st August 2018 Public Works Minister Thulas Nxesi on Friday implored big contractors to support women in the construction industry through subcontracting work. Addressing women in the construction industry at a Construction Industry Development Board (CIBD) sponsored event, in Pretoria, he said it remained a... →

New CESA awards category

31st August 2018 Ivor Evans was, on Wednesday, awarded the first ever Consulting Engineers South Africa (CESA) Lifetime Industry Achievement Award posthumously at the 2018 CESA Aon Engineering Excellence awards on Wednesday. This year close to 50 submissions were received and in celebration of Nelson Mandela’s... →

Report points to rising Kenyan construction sector as SA struggles

31st August 2018 International consultancy and construction company Mace has released its latest tender cost update for sub-Saharan Africa, showing mixed performances for the region’s two most prominent economies. →

Diamond sector must do more to tackle transparency challenge – rights groups

31st August 2018 The diamond industry continues to be tainted by links between diamonds and human rights abuses, conflict finance and corruption. This is according to Global Witness conflict resources campaign leader Michael Gibb, who notes that, although the diamond industry is not the only sector facing these... →

Necsa, Rosatom subsidiary in nuclear medicine pact

24th August 2018 The South African Nuclear Energy Corporation (Necsa) and Rusatom Healthcare, the healthcare division of Russian State-owned nuclear corporation Rosatom, on Thursday signed an agreement to cooperate with each other on nonpower-related uses of nuclear technology. The agreement, which is based on... →

Southern African private-equity investments up 102% to R31bn

24th August 2018 The Southern African private equity industry invested R31.3-billion in 2017, which represents an increase of 102% on the R15.5-billion invested in the previous year and well above the yearly average of R14.7-billion a year invested over the preceding ten years. Further, South Africa’s private... →

Lily mine to reopen in February, says new owner

24th August 2018 Vantage Goldfields, which has been bought out by Siyakhula Sonke Empowerment Corporation (SSC), plans to reopen the Lily mine, in Barberton, Mpumalanga, in February 2019, three years after a pillar collapse claimed the lives of three employees at the mine. A lamp house container in which... →

Cabinet approves gazetting of updated IRP for public comment

23rd August 2018 Communications Minister Nomvula Mokonyane confirmed on Thursday that Cabinet has approved the publication of the updated Integrated Resources Plan (IRP) and that it will be gazetted for comment by no later than August 27. Briefing media on the outcomes of the Cabinet meeting held on Wednesday,... →

Vast concludes JV to access diamond fields in Zimbabwe

22nd August 2018 Aim-listed Vast Resources has concluded an agreement with Red Mercury for exclusive access to a diamond concession area in what has become known as the Marange diamond fields in the Chiadzwa region of Zimbabwe. Under the terms of the agreement, Vast will have the right to carry out initial due... →

Enel starts construction of its first power plant in Zambia

22nd August 2018 Enel Group’s global renewable energy division Enel Green Power (EGP) has started construction on the 34 MW Ngonye solar photovoltaic (PV) plant, which is the group’s first power plant in Zambia. The PV facility, which is located in Lusaka South Multi-Facility Economic Zone in the country’s south,... →

Bidcorp FY18 headline earnings rise 9% y/y

22nd August 2018 JSE-listed Bidcorp on Wednesday reported a 9% year-on-year increase in headline earnings a share to R12.86 for the year ended June 30. Group CE Bernard Berson said the company achieved solid results, backed by strong operational cash flows and a positive trading performance in all regions in... →

Engineering milestone as $100m Lesotho dam achieves full capacity

22nd August 2018 The new $100-million Metolong dam, in Lesotho, has achieved a significant project success this year, with the dam spilling for the first time since its completion in 2016. Spilling occurs when the dam is at full capacity, and the dam’s spillway – meant to direct excess water downstream during... →

Two new nonexecs join AngloGold board

22nd August 2018 Alan Ferguson and Jochen Tilk have been appointed independent nonexecutive directors at Anglogold Ashanti, effective October 1 and January 1, 2019, respectively. Ferguson is a chartered accounted and a former CFO of a number of FTSE-listed entities, including Lonmin. Since 2011, he has also... →

EAIF backs billion-dollar Nigeria fertiliser plant

22nd August 2018 The Emerging Africa Infrastructure Fund (EAIF) on Wednesday announced the financial close of its 11-year $35-million loan to Indorama Eleme Fertiliser & Chemicals (IEFCL). The transaction is part of the financing of a $1.1-billion expansion of IEFCL’s existing fertiliser plant at Port Harcourt,... →

Survey finds healthcare workers are uninformed about NHI scheme

21st August 2018 Nearly half of healthcare workers surveyed by the Solidarity Research Institute (SRI) have said they are not well informed about the proposed National Health Insurance (NHI) scheme. Unpacking key findings of its ‘Healthcare Workers’ Knowledge, Insight and Opinion on the Proposed NHI’ report, in... →

NHI will negatively impact on South Africa’s healthcare systems – Solidarity

21st August 2018 Trade union Solidarity believes the power of medical services in South Africa will be negatively impacted if government decides to centralise the healthcare system through the National Health Insurance (NHI) Bill. Speaking at a Healthcare Crisis Summit organised by Solidarity, in Pretoria, on... →

Sasol FY18 headline earnings fall 22%

20th August 2018 Integrated chemicals and energy company Sasol on Monday reported a 22% year-on-year decrease in its headline earnings a share to R27.44 for the financial year ended June 30. Speaking at a presentation of the group’s results on Wednesday, joint president and CEO Bongani Nqwababa said core headline... →

Women in construction sector need more support – Nxesi

17th August 2018 Public Works Minister Thulas Nxesi on Friday implored big contractors to support women in the construction industry through subcontracting work. Addressing women in the construction industry at a Construction Industry Development Board (CIBD) sponsored event, in Pretoria, he said it remained a... →

BlueRock secures loan from chairperson, CEO

17th August 2018 Aim-listed BlueRock Diamonds, which owns and operates the Kareevlei mine, in the Kimberley region of South Africa, has entered into a loan with chairperson Paul Beck and CEO Adam Waugh. →

Construction advancing on eCobalt’s Idaho project

17th August 2018 Construction at eCobalt Solutions’ Idaho cobalt project, in the Idaho cobalt belt, continues to advance on time and on budget, the company said on Thursday. “Very good progress has been made at the project by our exceptional team of mining professionals,” CEO Paul Farquharson said in statement on... →

Franchising industry a major contributor to South Africa’s GDP

17th August 2018 The franchising industry contributed 13.4% to the country’s gross domestic product (GDP) in 2017, Franchise Junction CEO Thys van Zyl said in a recent address to delegates at the 12J Marketplace conference, in Johannesburg. He added that the franchising industry not only contributed to GDP, but... →

Report heralds Cape Town as Africa’s tech capital

17th August 2018 A report commissioned by the Cape Innovation and Technology Initiative (CiTi), Wesgro and the Allan Gray Orbis Foundation – with the support of the Western Cape government – has confirmed that the greater Cape Town area, including Stellenbosch, is Africa’s tech capital. The report, compiled by... →

Bill Venter steps down from Altron board

17th August 2018 Allied Electronics (Altron) founder Dr Bill Venter, has retires as nonexecutive director of the board. His retirement became effective on July 31. →

US subsidies disappointing: Cairns

17th August 2018 The Cairns Group Farm Leaders, which comprises a group of farm organisations from various agricultural exporting countries, including South Africa, have expressed concern about the US administration’s announcement that it will provide $12-billion to support US farmers impacted by tariffs imposed... →

Wescoal to dispose of LBC assets

17th August 2018 JSE-listed Wescoal has, through its wholly-owned subsidiary, Leeuw Braakfontein Colliery (LBC), entered into a sale of assets with Sitatunga Resources in terms of which LBC will dispose of its LBC assets in KwaZulu-Natal. The total consideration for the disposal is R103-million and will be paid... →

AMCU threatens strike at Implats over planned job cuts

17th August 2018 The Association of Mineworkers and Construction Union (AMCU) has threatened industrial strike action at Impala Platinum (Implats) if talks with the company over its plans to cut 13 000 jobs and shut down five mines are not successful. Implats announced last week that it would cut its workforce by... →

PwC puts focus on gender pay gap

16th August 2018 Although South African companies are not required by law to report on the gender pay gap, many organisations have started taking steps to identify pay disparities at all levels, says PwC. “Many companies have also adopted a long-term view to ensure that diversity and, in particular, gender pay... →

Amplats starts construction on Polokwane sulphur dioxide abatement project

16th August 2018 Construction of the sulphur dioxide (SO2) abatement project at Anglo American Platinum’s (Amplats’) Polokwane smelter got under way on Thursday. The company will implement new wet sulphuric acid (WSA) technology at the smelter and will ultimately reduce SO2 emissions by an estimated 96%, to... →

CESA Aon Awards adds Lifetime Industry Achievement category

16th August 2018 Ivor Evans was, on Wednesday, awarded the first ever Consulting Engineers South Africa (CESA) Lifetime Industry Achievement Award posthumously at the 2018 CESA Aon Engineering Excellence awards on Wednesday. This year close to 50 submissions were received and in celebration of Nelson Mandela’s... →

Stratex proposes name change

16th August 2018 Aim-listed Stratex International is proposing to change its name to Oriole Resources. The proposed change reflects a repositioning of the company following the appointment of new CEO Tim Livesey and CFO Bob Smeeton earlier this year and a refocusing of the group's activities on early-stage... →

Cobalt prices stabilising – ERG

16th August 2018 The recent price adjustment in the cobalt market represents a logical and short-term correction to the heightened speculative activity earlier this year, says Eurasian Resources Group (ERG) CEO Benedikt Sobotka. Cobalt metal prices jumped in excess of 120% between 2016 and 2017, a sign of strong... →

ERG CEO Benedikt Sobotka

IronRidge defines large gold targets in Chad

16th August 2018 Aim-listed IronRidge Resources has defined at least five large, coherent gold targets at its Dorothe project, in Chat. Drill results received defined targets over 500 m to 1.2 km strike length and 100 m to 200 m widths from trenching; with targets still open along strike. →

Shanta lifts H1 profit

16th August 2018 Aim-listed Shanta Gold has reported earnings before interest, taxes, depreciation and amortisation of $23-million for the half year ended June 30, 2018, up from $21.5-million in the first half of 2017. This was achieved despite fewer ounces being sold in the half year and increased royalty... →

Freedom Property subsidiary sells noncore residential units

15th August 2018 Zambesa Investments, a wholly owned subsidiary of JSE-listed Freedom Property Fund, has agreed to sell eight residential units and 33 service stands, collectively called Tubatse Homes, in Burgersfort. The purchase consideration is R12.6-million and comprises a deposit of R2.52-million, which is... →

Roxgold says 2018 output may be at upper-end of guidance

15th August 2018 Burkina Faso-focused Roxgold has delivered strong second-quarter production and cash flow results, standing the company in good stead to achieve the upper end of its 2018 production guidance. For the three months to June 30, TSX-listed Roxgold achieved gold production of 35 828 oz of gold,... →

M&R expects to report higher FY18 earnings

15th August 2018 JSE-listed Murray & Roberts (M&R) expects its results for the financial year ended June 30, to show an improvement of at least 20% year-on-year in diluted and basic earnings a share and headline earnings a share. The group said on Wednesday that it also expects to report cash, net of debt, of at... →

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