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

Orion on track for completing Prieska BFS

16th July 2018 JSE-listed Orion Minerals is on track to complete its bankable feasibility study into the Prieska zinc/copper project, in the Northern Cape, by the end of the year. The company on Monday reported positive assay results from a further 13 drilled intersections at the project. →

Fura to expand its Mozambique ruby holdings; considering an LSE listing

16th July 2018 TSX-V-listed gemstone producer Fura Gems has entered into an agreement to acquire an interest in nine ruby assets in Mozambique from ASX-listed Mustang Resources and Regius Resources Group for A$15-million, or about C$14.6-million, in cash and shares. Upon closing of the acquisition, Fura, which... →

Kodal reports positive assay results from Mali projects

16th July 2018 Aim-listed Kodal Minerals has reported encouraging assay results from its Mali-based Boumou, Ngoualana and Sogola-Baoule prospect. The lithium mineral exploration and development company said in a project update on Monday that the Boumou prospect was continuing to develop, with northern zone... →

. . . but SA’s share of FDI has diminished

13th July 2018 South Africa needs to improve its governance and regulatory transparency to attract more foreign direct investment (FDI), says AT Kearney global business policy council chairperson Paul Laudicina. In a briefing on Friday, he noted that South Africa’s share of regional foreign direct investment... →

Ford appoints new MD for South Africa

13th July 2018 Neale Hill has been appointed MD of Ford South Africa and sub-Saharan Africa, effective July 1. He succeeds outgoing MD Casper Kruger. →

Metair considers debt funding options for proposed TAB acquisition

13th July 2018 JSE-listed Metair and its advisers are assessing the most effective and efficient debt funding alternatives for settling the proposed €300-million purchase price for Tovarna Akumulatorskih Baterij (TAB), in Slovenia. Metair earlier this month announced that it had submitted an indicative... →

Warning that dreams of young people are ‘going to waste’

13th July 2018 The Human Resource Development Council (HRDC) should be able to contribute meaningfully in answering why South Africa’s unemployment rate remains stubbornly high, at 27.7%, Deputy President David Mabuza said on Friday. Addressing delegates at the twentieth HRDC meeting, in Johannesburg, he... →

Exxaro goes digital at new Mpumalanga coal mine

13th July 2018 Diversified resources company Exxaro Resources on Thursday broke ground on its R3.3-billion “smart” Belfast mine, in Mpumalanga. The mine is the first of its kind in South Africa and will have a digital twin – a complete digital replica of the mine that will allow management and the contracted... →

Arid cities urged to adopt climate-responsive design solutions

6th July 2018 A new research report by multinational professional services firm Arup highlights the need for cities in arid and semi-arid climates, like Cape Town, to not only manage their scarce water resources better, but to promote smarter ways of living in arid urban environments through climate responsive... →

Cost competitiveness key for a thriving energy sector

6th July 2018 The number of power projects across Africa and South Africa has grown in the last few years and has given rise to many opportunities, but also challenges, Trade and Industrial Policy Strategies executive director Saul Levin said on Wednesday. Speaking at the Manufacturing Indaba, in Sandton, he... →

Govt points to auto, textiles sectors as signs of manufacturing hope

6th July 2018 South Africa has the potential to revive, remould and expand its manufacturing sector through partnerships between industry and government, Department of Trade and Industry deputy director general Lionel October said on Wednesday. Addressing delegates at the Manufacturing Indaba, in Sandton, he... →

Automotive sector encouraged to embrace Fourth Industrial Revolution

6th July 2018 The automotive industry is undergoing tremendous transformation and change and there are various challenges that need to be addressed within South Africa’s automotive industry, African Innovators director Sherrie Donaldson said at the recent Manufacturing Indaba, whcih took place in Sandton in... →

Atterbury signs first tenant for Randport industrial development

6th July 2018 Contact lens manufacturer CooperVision will become the first tenant at JSE-listed Atterbury’s R850-million Randport industrial development, in Gosforth Park, Germiston, Ekurhuleni. →

Exxaro goes digital at new Mpumalanga coal mine

5th July 2018 Diversified resources company Exxaro Resources on Thursday broke ground on its R3.3-billion “smart” Belfast mine, in Mpumalanga. The mine is the first of its kind in South Africa and will have a digital twin – a complete digital replica of the mine that will allow management and the contracted... →

Photo by Dylan Slater
Exxaro CEO Mxolisi Mgojo

Eskom denies reports of debt restructuring

4th July 2018 State-owned Eskom says recent media reports suggesting the company plans to restructure or extend its debt are not true. Various media outlets have reported that the utility is considering asking for extensions on some debt, and staff layoffs, amid a constrained financial position. →

SARB launches coins, banknotes that honour Madiba

4th July 2018 The South African Reserve Bank (SARB) has launched a public awareness campaign to introduce South Africans to a commemorative series of banknotes and a R5 circulation coin which honour the birth centenary of former President Nelson Mandela. The commemorative banknotes and the R5 circulation coin... →

KLT’s community partnerships in South Africa recipe for meeting global production standard

3rd July 2018 India-based automotive component manufacturer KLT Automotive and Tubular Products South Africa plans to add 1 000 people to its 900-strong work force in the next eight years. The company has a major contract with the Ford Motor Company of Southern Africa (FMCSA) for the Ford Ranger, and... →

More than R650m budgeted to prepare Gauteng land for expropriation

2nd July 2018 The Department of Human Settlements has budgeted more than R650-million to prepare identified portions of land in Gauteng for expropriation without compensation. Human Settlements MEC Dikgang Uhuru Moiloa said on Monday that the province’s rapid land release programme, launched in May, would... →

Human Settlements MEC Dikgang Uhuru Moiloa

Digitisation key for mining industry to remain relevant

2nd July 2018 For the mining industry to remain relevant in the future, there has to be a culture shift to embrace technology, AEL Technical and Compliance Executive Dirk van Soelen said at the AEL WEETR conference. Speaking to Mining Weekly Online, he said it was important for the industry to use a trial and... →

Digitisation key to sustainable mining industry

2nd July 2018 The mining industry is at an inflection point and on the cusp of profound change, Australian mining futurist Gavin Yeates told delegates at the AEL Workshop for Explosives Engineers and Technical Representatives (WEETR) themed IntelliBlast, in Pretoria. Delivering the keynote address, he said... →

FDI in South Africa declining

29th June 2018 South Africa needs to improve its governance and regulatory transparency to attract more foreign direct investment (FDI), says AT Kearney global business policy council chairperson Paul Laudicina. In a briefing on Friday, he noted that South Africa’s share of regional foreign direct investment... →

Rockwell unable to file financial year-end results by required deadline

29th June 2018 JSE-listed Rockwell Diamonds will not be able to file audited versions of its annual financial statements for the year ended February 28, by the required deadline of June 30, the company said in a statement on Friday. The embattled company's shares were delisted from the TSX at the end of August... →

Amplats to report higher H1 earnings

29th June 2018 Anglo American Platinum (Amplats) expects its headline earnings and headline earnings a share for the six months ended June 30, to be R150-million, or 57c a share, higher than that reported for the six months to June 30, 2017. Basic earnings and basic earnings a share will also be at least... →

Feasibility study on Western Cape rare earths mine to be completed in 6 to 12 months

29th June 2018 The Steenkampskraal rare earths mine, owned by developer Steenkampskraal Holdings, in the Western Cape, is aiming to be a building block in a global rare earths supply chain independent of China. Manufacturers globally are expressing concern over China’s dominance of these strategic elements,... →

HIGH GRADE The rare earths resource at Steenkampskraal has been confirmed with an NI 43-101 Mineral Resource Estimate as the highest-grade deposit in the world, at an average of 14.4%

Attacq continues to develop Waterfall City precinct

29th June 2018 Construction and development of JSE-listed Attacq’s Waterfall City is ongoing, with new infrastructure including roads, residential properties and warehouses continuously in the pipeline. During a tour of the Waterfall City precinct on Wednesday, head of development Giles Pendleton said the last... →

Feasibility study on Western Cape rare earths mine to be completed in 6 to 12 months

29th June 2018 The Steenkampskraal rare earths mine, owned by developer Steenkampskraal Holdings, in the Western Cape, is aiming to be a building block in a global rare earths supply chain independent of China. Manufacturers globally are expressing concern over China’s dominance of these strategic elements,... →

HIGH GRADE The rare earths resource at Steenkampskraal has been confirmed with an NI 43-101 Mineral Resource Estimate as the highest-grade deposit in the world, at an average of 14.4%

Mining, manufacturing sectors urged to focus on local content

29th June 2018 There is a close relationship between mining and manufacturing, especially in terms of the equipment that is manufactured and supplied to the mining industry, Manufacturing Circle executive director Phillipa Rodseth said at the Manufacturing Indaba, on Tuesday. Speaking during a panel session on... →

Polymetal to recruit new chair

27th June 2018 LSE-listed Polymetal International will start a recruitment process to appoint a successor to chairperson Bobby Godsell as part of its board succession programme. MLS De Sousa-Oliveira will replace Godsell as chair of the nominations committee of the board to lead the process. →

Transnet prepares for annual coal line shutdown

27th June 2018 Plans are at an advanced stage for State-owned Transnet Freight Rail to embark on its annual shutdown of the coal export line, which is scheduled to take place from July 2 to 11. “The shutdown is an annual exercise carried out around this time to ensure that the company tackles its maintenance... →

WGC report a first step in understanding gold’s GHG footprint

27th June 2018 While there is limited published data on gold’s global carbon footprint, research by the World Gold Council (WGC) has determined that total greenhouse-gas (GHG) emissions from newly-mined gold are significantly lower than those of other major metals and mined products. “Gold is also valuable and,... →

Omnia lifts FY18 profit by 12% y/y

26th June 2018 JSE-listed Omnia Holdings posted positive results for the financial year ended March 31, with group revenue having increased by 7% year-on-year to R17.37-billion, as a result of a stronger performance by the mining and chemicals divisions. Earnings before interest, taxes, depreciation and... →

Adriaan de Lange

Ford appoints new MD for South Africa

26th June 2018 Neale Hill has been appointed MD of Ford South Africa and sub-Saharan Africa, effective July 1. He succeeds outgoing MD Casper Kruger. →

Arc sells holding in noncore Andiamo

26th June 2018 Aim-listed Arc Minerals has sold its interest in Andiamo Minerals to Africa-focused mining private equity group AMED Funds for $532 000. Arc chairperson Nick von Schirnding said in a statement on Tuesday that the sale represented a major step forward in delivering on the company’s stated strategy... →

EPP on solid growth path with strong Q1 operational performance

25th June 2018 JSE-listed Polish property company EPP successfully bought the first tranche of the M1 portfolio, comprising four properties in sought after regions, adding 194 000 m² in gross lettable area (GLA) and taking total income producing assets to over €2-billion in the quarter ended March 31. The M1... →

Global steel production rises 6.6% y/y in May

25th June 2018 Global crude steel production increased by 6.6% year-on-year to 154.9-million tonnes in May, the World Steel Association (worldsteel) reported on Monday. China’s crude steel production increased by 8.9% year-on-year to 8.1-million tonnes in May, while Japan produced 9.1-million tonnes of crude... →

Metair considers debt funding options for proposed TAB acquisition

25th June 2018 JSE-listed Metair and its advisers are assessing the most effective and efficient debt funding alternatives for settling the proposed €300-million purchase price for Tovarna Akumulatorskih Baterij (TAB), in Slovenia. Metair earlier this month announced that it had submitted an indicative... →

PIC increases shareholding in M&R to 20.41%

25th June 2018 Engineering and construction group Murray and Roberts (M&R) on Monday reported that the Public investment Corporation (PIC) has increased its beneficial shareholding in the company from 19.96% to 20.41%. The PIC is one of M&R’s biggest shareholders. →

Ascendis to sell noncore assets in South Africa

25th June 2018 South African healthcare provider Ascendis Health plans to dispose of smaller local noncore businesses as part of a strategic review aimed at improving cash generation and enhancing profitability. Ascendis will sell its sports nutrition business, its direct selling and network marketing business... →

Kibo proposes name change as it intensifies focus on energy projects

25th June 2018 Dual-listed Kibo Mining is seeking shareholder approval to change the name of the company to Kibo Energy. The company said in a statement on Monday that the proposed name change was part of a number of resolutions that would be put forward at its annual general meeting, taking place on July 1. →

PTM’s continued listing plan accepted by the NYSE

22nd June 2018 The NYSE has accepted Platinum Group Metals’ (PTM’s) plan to regain compliance with the continued listing requirements of the stock exchange. The company is not currently in compliance with NYSE listing standards, but its listing is being continued pursuant to an exception. →

Ghana approves Gold Fields, Asanko JV

22nd June 2018 The Ghanaian government has granted regulatory approval for the completion of Gold Fields’ joint venture (JV) with Canada-based Asanko Gold. Gold Fields and Asanko announced in March that the JSE-listed major would buy a 45% interest in the Asanko gold mine (AGM), in Ghana, for $185-million. →

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