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Sabrina Jardim
Sabrina Jardim is a Creamer Media Online Writer for Engineering News and Mining Weekly.
Partnership formed to responsibly dispose of end-of-life hearing devices, batteries
26th August 2024 Used or end-of-life hearing devices, button batteries and related electronic and electrical equipment will be diverted from South Africa’s landfills, owing to a collaboration between Producer Responsibility Organisation (PRO), Circular Energy, the South African Speech-Language-Hearing Association... →
West Wits completes $1.5m capital raising
26th August 2024 ASX-listed West Wits Mining has secured firm commitments from unrelated existing and new sophisticated and professional investors to raise $1.5-million before costs through the issue of convertible notes. The company says demand for the capital raising was substantially above the $1.5-million... →
Fifth cidb ERWIC Awards recognise catalysts for change in construction industry
23rd August 2024 This year’s Empowerment and Recognition of Women in Construction (ERWIC) Awards, hosted by the Construction Industry Development Board (cidb) on August 22, highlighted the importance of diversity and inclusion in driving innovation and success in the construction industry. The awards, which... →
Vukile concludes oversubscribed R796m unsecured bond issue at record low pricing
23rd August 2024 JSE-listed retail real estate investment trust (Reit) Vukile Property Fund has issued R796-million of senior unsecured corporate bonds with three-, five- and six and a half-year maturities. Vukile says strong demand from the market was indicated, with total interest of R2.7-billion, resulting in... →
Lucapa posts 13% increase in interim Ebitda
23rd August 2024 ASX-listed Lucapa Diamond Company has reported earnings before interest, taxes, depreciation and amortisation (Ebitda) of $1.4-million for the six months ended June 30 – a 13% year-on-year increase. The company says the higher Ebitda was achieved despite a softer diamond market, which highlights... →
Lobito Atlantic Railway begins exporting copper from the DRC to the US
23rd August 2024 Railway operator Lobito Atlantic Railway (LAR) has reported that the first shipment of copper destined for the US left the port of Lobito, in Angola, this week, loaded on the MSC SAMU container vessel. This follows a number of shipments of copper to ports in Europe and the Far East since the LAR... →
Highlighting indigent subsidy red tape, social housing association warns on electricity price hike
23rd August 2024 The National Association of Social Housing (Nasho) has urged government to consider alternatives for the social housing sector as electricity tariffs are set to increase further, arguing that tenants and social housing developers will not be able to absorb the higher costs. Power utility Eskom... →
ESG risk should be integrated into organisational risk processes
23rd August 2024 As emphasis on environmental, social and corporate governance (ESG) grows globally, integrating ESG into effective risk management plays a key role in strategy development, panellists noted during a Creamer Media-hosted webinar, titled ‘The importance of integrating strategic ESG risk into... →
GCCA issues ‘Call to Action’ on food supply chain resilience
22nd August 2024 African policy leaders must support robust growth in the cold chain for the success of the African Continental Free Trade Area (AfCFTA) and to boost prosperity, food supply chain resilience and trade across the continent, said the Global Cold Chain Alliance (GCCA). At the start of the GCCA Africa... →
Survey reveals 60% growth in wind energy projects
22nd August 2024 The South African Wind Energy Association (SAWEA) has released results from the 2024 South African Renewable Energy Grid Survey (SAREGS), presented on August 21 by State-owned Eskom's National Transmission Company South Africa (NTCSA) strategic grid planning manager Ronald Marais during a webinar... →
Research ensuring sustainable future for Southern Africa’s sizeable citrus industry
22nd August 2024 Internationally recognised research conducted by Citrus Research International (CRI) and its network of collaborative research associations, is helping to protect Southern Africa's citrus industry against the threats of diseases and pests. CRI says citrus exports contribute about R30-billion a... →
Karowe delivers its biggest find yet – an ‘exceptional’ 2 492 ct diamond
22nd August 2024 Canadian diamond miner Lucara Diamond Corp has recovered an “exceptional” 2 492 ct diamond from its Karowe mine, in Botswana. Detected and recovered by the company’s Mega Diamond Recovery X-Ray Transmission (XRT) technology, installed in 2017 to identify and preserve large high-value diamonds,... →
Perseus to sell its shareholding in Montage Gold
21st August 2024 ASX-listed Perseus Mining has agreed to sell 33-million common shares in the capital of TSX-V listed gold explorer and aspiring developer Montage Gold Corp to BMO Nesbitt Burns at a price C$1.86 a share. Perseus notes that the Montage share sale was executed by way of a bought deal to realise net... →
Localisation Support Fund supports local clothing, textiles businesses
21st August 2024 With the local retail-clothing, textile, footwear and leather (R-CTFL) sector accounting for about 14% of South Africa’s manufacturing employment, nonprofit company the Localisation Support Fund (LSF) has implemented interventions to help increase local manufacturing revenue and capacity in the... →
Conference highlights SADC rail opportunities, challenges
20th August 2024 Highlighting the critical role of rail in boosting economic prosperity and trade in Africa, this year’s Southern African Railways Association (SARA) Conference and Exhibition emphasised the theme ‘Boosting continental trade via rail: Investments in African railways for the sustainable development... →
Wetility, A2Pay partner to provide affordable solar solutions for spaza shops
19th August 2024 In response to the impacts of frequent power outages on small businesses in underserved communities, particularly small and microenterprises such as spaza shops, an innovative partnership between Wetility, a local renewable energy fintech company specialising in solar-as-a-service solutions, and... →
Aterian to start drilling on Rwanda project in September
19th August 2024 London-listed critical metal-focused exploration and development company Aterian expects to start drilling at the HCK project, in Rwanda, in September. The project is a joint venture with diversified miner Rio Tinto. →
Hummingbird completes refinancing package with Coris Bank
19th August 2024 Aim-listed Hummingbird Resources has completed the strategic refinancing of a portion of its existing loan facilities with the company's principal financing partner Coris Bank International. Hummingbird has secured a refinancing package of about $25-million at a yearly interest rate of 12%. This... →
Wärtsilä signs decarbonisation agreement for Madagascan power plant
19th August 2024 The renewal of technology group Wärtsilä’s operations and maintenance (O&M) agreement with QIT Madagascar Minerals (QMM), which is part of the Rio Tinto group, has been expanded to include a decarbonisation agreement. Wärtsilä says the agreement is a groundbreaking offering in the energy sector... →
Namibian Competition Commission approves Shanjin’s buyout of Osino
19th August 2024 TSX-listed Osino Resources says the Namibian Competition Commission (NCC) has approved Shanjin International Gold’s buyout of Osino for a cash consideration of C$1.90 a share. The NCC’s approval was the final outstanding approval to conclude the buyout and the acquisition is now set to conclude... →
Nersa clarifies it has not yet received Eskom’s final revenue application
16th August 2024 In response to media reports regarding State-owned utility Eskom's revenue application for the 2025/26 financial year, the National Energy Regulator of South Africa (Nersa) says, while Eskom has submitted a draft revenue application to Nersa for guidance on the regulatory process, the regulator... →
Akobo intersects ore in Eastern winze underground operations
16th August 2024 Gold exploration and mining company Akobo Minerals has successfully intersected the orebody in the prospect drive just off the Eastern winze of its underground operations at the Segele mine, in Ethiopia, marking an important milestone in its strategic mine development efforts. Akobo has been... →
Neo Energy completes due diligence on Beisa North and South projects
16th August 2024 London- and South Africa-listed Neo Energy Metals has completed its technical, financial and legal due diligence on the proposed acquisition of a 100% interest in the multimillion-pound uranium and multimillion-ounce gold resources of the Beisa North and Beisa South projects in South Africa. The... →
Lucapa recovers 176 ct diamond from Lulo
16th August 2024 ASX-listed Lucapa Diamond Company has recovered the fifth diamond weighing more than 100 ct at its joint venture Lulo mine, in Angola, this year. The 176 ct Type IIa diamond recovered is also the forty-fifth diamond weighing more than 100 ct to be recovered from the mine and the eighth largest,... →
Cesa Aon Engineering Excellence Awards celebrates collaboration
15th August 2024 The 2024 Cesa Aon Engineering Excellence Awards, held in Midrand, on August 14, celebrated and honoured the outstanding contributions of South Africa’s consulting engineering sector towards infrastructure development locally and internationally. Celebrating its fifty-second year, this event,... →
Kazera receives certification to begin mineral sands mining
15th August 2024 Aim-listed Kazera Global has received certification from the National Nuclear Regulator (NNR) in South Africa, which will allow for the imminent start of mining and the production of heavy mineral sands at its Whale Head Minerals project. The company has a mining permit over a 5 ha beach deposit... →
Caracal amends heads of terms with Cynergy, second payment due late August
15th August 2024 As an amendment to the heads of terms with Cynergy Global, London-listed Caracal Gold says the second tranche payment of $500 000 is now due by August 20. Under Phase 1 of Cynergy's three phased investment into Caracal and its subsidiaries, Caracal received the first tranche payment under Phase 1... →
Metso receives €20m order for grinding mills for an African copper project
15th August 2024 Industrial machinery and solutions company Metso Corporation has been awarded an order to deliver grinding mills to an African copper mining project. The company says the order value is about €20-million and it is booked in the Minerals segment’s third-quarter orders received. →
Aveng to swing back into the black
15th August 2024 International engineering-led contractor Aveng says it expects to report earnings of between A$24.4-million and A$26.9-million for the financial year ended June 30, compared with a loss of nearly A$104-million reported for the 2023 financial year. Further, its headline earnings are expected to be... →
BCG roundtable panellists mull solutions to close Africa’s climate finance gap
15th August 2024 While investments in green sectors in Africa experienced significant growth from 2017 to 2022, despite volatility and macroeconomic risks, a substantial gap in climate financing remains, which must be addressed to accelerate the growth of these sectors, says Boston Consulting Group (BCG). Despite... →
Atlas Copco to acquire Integrated Pump Rental
15th August 2024 Specialty rental provider of dewatering solutions in South Africa Integrated Pump Rental (IPR) will become part of Atlas Copco Group’s specialty rental division within the Power Technique business area. IPR provides fully outsourced dewatering solutions through the rental of pump and ancillary... →
Mintek views collaboration among researchers as key to driving effective RDI
14th August 2024 Amid various challenges facing the development of particular innovation systems and the advancement of research in South Africa, mineral research organisation Mintek research infrastructure and integrity officer Siphelele Mafuleka has stressed the importance of research infrastructure and how it... →
Forum highlights pressing need for South Africa to invest more in research
14th August 2024 Considering the importance of research and innovation for South Africa’s development, there is a pressing need to encourage research and inspire young people to pursue careers in various fields of research. With this in mind, the National Science and Technology Forum’s (NSTF’s) national online... →
Emira to acquire an interest in Polish property company
12th August 2024 JSE-listed Emira Property Fund has entered into a series of agreements with DL Invest Group 1 SCSP – controlled by Dominik Leszczynski – and its wholly-owned subsidiary, DL Invest Group (DL Invest) in terms of which Emira will acquire an effective 25% interest in the issued shares of DL Invest.... →
Tribunal approves ARM’s buyout of remaining Nkomati JV stake
12th August 2024 The Competition Tribunal has unconditionally approved African Rainbow Minerals’ (ARM’s) proposed transaction to acquire the remaining participation interest in the Nkomati joint venture (JV) and an undivided ownership interest in certain mining rights held by the Nkomati JV. Following the... →
Rooftop solar system expanded to meet 35% of Eastgate’s energy needs
12th August 2024 Property owner Liberty Two Degrees (L2D) has expanded the rooftop solar system at the Eastgate Shopping Centre, in Johannesburg, by nearly 6 MW. This adds to the 1.22 MW system installed at the mall during the first phase in 2020, taking its overall capacity 7.22 MW. →
Caledonia on track to achieve full-year production guidance at Blanket
12th August 2024 Aim-listed Caledonia Mining says it is on track to achieve full-year production guidance of 74 000 oz to 78 000 oz at its Blanket gold mine, in Zimbabwe. The company notes that the mine produced 20 773 oz of gold in the quarter ended June 30, compared with the 17 436 oz produced in the second... →
Southern Palladium submits EIA for Bengwenyama project
12th August 2024 Dual-listed Southern Palladium has submitted the environmental-impact assessment (EIA) report for its 70%-owned Bengwenyama platinum-group metal project, located on the Eastern Limb of the Bushveld Complex in South Africa, to the country’s Department of Mineral Resource and Energy (MRE), which is... →
Strategic partnerships key to advancing infrastructure development – Cesa
8th August 2024 In today's rapidly evolving infrastructure landscape, industry organisation Consulting Engineers South Africa (Cesa) says strategic partnerships have emerged as a cornerstone for advancing development across various sectors. Cesa argues that collaboration between government entities,... →
Exxaro warns of lower interim earnings
8th August 2024 Diversified mining company Exxaro says it expects its headline earnings per share (HEPS) for the six-month period ended June 30 to be between 31% and 45% lower than that reported for the six-month period ended June 30, 2023. The company attributes this mainly to the coal business, where lower... →
Mining companies strengthen their commitment to respect the rights of Indigenous Peoples
8th August 2024 Ahead of the International Day of the World’s Indigenous Peoples, on August 9, mining industry organisation the ICMM’s members have reaffirmed their commitment to respect the rights of Indigenous Peoples, recognising their importance as partners in the development of mining projects on their... →
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