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More must be done for youth development, job creation – Mabuza
22nd June 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... →
Ghana Parliament ratifies AngloGold’s Obuasi agreements
22nd June 2018 Ghana’s Parliament has ratified regulatory and fiscal agreements that cover the redevelopment of AngloGold Ashanti’s Obuasi gold mine into a modern, productive mining operation. The ratification, on Thursday, of the development agreement, together with the tax concession agreement, is an... →
Arid cities urged to adopt climate responsive design solutions
22nd June 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... →
Semafo appoints new exploration VP
22nd June 2018 Richard Roy has been appointed VP of exploration at TSX-listed Semafo, effective July 1. He succeeds outgoing VP of exploration and geology and qualified person Michel Crevier, who will step down on June 30, but remain available to the corporation on a consulting basis. →
Financing of ZTK transmission line to benefit Rukwa project – Edenville
22nd June 2018 Aim-listed Edenville Energy believes the approval by the World Bank of $455-million in funding for the development of the Zambia–Tanzania–Kenya (ZTK) power transmission line, will benefit its Rukwa project. The funding will allow for the construction of high-voltage power infrastructure, which... →
Nestlé launches ‘zero water’ manufacturing facility in Western Cape
22nd June 2018 Nestlé South Africa on Tuesday launched its R88-million zero-water dairy manufacturing facility in Mossel Bay, in the Western Cape. The facility will allow Nestlé to reduce the factory’s water consumption by more than 50% during the first year of implementation by reusing the water recovered from... →
Kibo completes maiden Samrec-compliant resource for Mabesekwa
21st June 2018 Aim-listed Kibo Mining on Thursday reported a maiden South African Code for the Reporting of Exploration Results, Mineral Resources and Mineral Reserves-compliant resource of 302.9-million tonnes at its 85%-owned Mabesekwa Coal Independent Power Project (MCIPP), in Botswana. Feasibility studies... →
Mining Charter’s free-carried interest requirement worries industry
21st June 2018 Although changes have been made to certain sections of the latest draft of the third Mining Charter, some mining industry participants believe the charter will not benefit the industry. Unpacking the proposed ownership requirements for new mining rights as set out in the draft charter, in... →
Cost competitiveness key for a thriving energy sector
20th June 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... →
There is hope for South Africa’s manufacturing sector – October
20th June 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... →
S African automotive sector encouraged to embrace Fourth Industrial Revolution
20th June 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 Manufacturing Indaba, in Sandton, on Wednesday. Speaking as... →
Mining, manufacturing sectors urged to focus on local content
19th 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... →
Youga mine life extended by 2 years as reserves increase 29%
19th June 2018 The life of Avesoro Resources’ Youga gold mine, in Burkina Faso, has been extended by two years to 2027, with total forecast production of 614 000 oz. In an updated mineral resource and mineral reserve estimate for the mine, released on Tuesday, the TSX- and Aim-listed company noted that the... →
Atterbury signs first tenant for Randport industrial development
19th June 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. →
Civil engineering sector concludes three-year wage deal
19th June 2018 The Bargaining Council for the Civil Engineering Industry (BCCEI) on Tuesday announced the signing between all parties in the civil engineering sector of a three-year settlement agreement regarding wages and conditions of employment. The parties agreed to a 7.5% wage increase across the board for... →
Radebe criticised for supporting new coal IPPs
15th June 2018 The Life After Coal Campaign, comprising environmental organisations EarthLife Africa, groundWork and the Centre for Environmental Rights (CER), together with Greenpeace, has called on Energy Minister Jeff Radebe to cancel plans to build two new coal-fired power plants – Thabametsi and Khanyisa.... →
R90m set aside to boost water security through ecological infrastructure
15th June 2018 Water and Sanitation Minister Gugile Nkwinti and South African National Biodiversity Institute (Sanbi) chairperson Nana Magomola on Thursday launched the R90-million Ecological Infrastructure for Water Security project, in Johannesburg. The project is aimed at transforming the way people think... →
High-end skills needed to sustain manufacturing industry
15th June 2018 To ensure South Africa has the skills required for advanced manufacturing, industry needs to invest in high-end skills, National Tooling Initiative Programme (NTIP) CEO Dirk van Dyk said on Tuesday. Addressing delegates at the release of the Manufacturing Circle Investment Tracker (MCIT) for the... →
SEMS appointed as exploration manager at GoldStone's Ghana project
14th June 2018 Aim-listed GoldStone Resources has appointed SEMS Exploration Services as geological manager of the company’s Akrokeri-Homase project, in the Ashanti region of Ghana. SEMS will design and implement the development of the project with the objective of reopening the Akrokeri underground mine,... →
Lucara appoints new corporate development VP
14th June 2018 Ayesha Hira has been appointed VP corporate development and strategy at Vancouver-based diamond miner Lucara. She will also be integral in assisting the CEO with corporate communications and shareholder relations. →
Attacq continues to develop Waterfall City
13th 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... →
Bluebird to acquire another Australian cobalt project
12th June 2018 TSX-listed Bluebird Battery Metals has entered into a binding letter of intent to acquire 100% of the rights, title and interest in the granted exploration licences of the Ashburton cobalt project, in Western Australia. “A key reason we selected the Ashburton project, other than the style and... →
Barloworld concludes sale of Iberian Equipment operations
12th June 2018 The sale of JSE-listed Barloworld’s lossmaking Iberian Equipment operations to Italian group for R2.18-billion has closed. “The closing of the sale of Iberia is the first milestone in redeploying the group’s capital,” the company said in a statement on Tuesday. →
First African tetrapods discovered in South Africa
8th June 2018 Science and Technology Minister Mmamoloko Kubayi-Ngubane, together with South African palaeontologist Dr Rob Gess, on Friday announced the discovery of the first African fossils of Devonian tetrapods, or four-legged vertebrates. The two new species, named Tutusius umlambo, after Archbishop... →
Alphamin completes $25m drawdown
8th June 2018 JSE-listed Alphamin Resources has completed a $25-million drawdown under its previously announced credit facility of up to $80-million. In addition, the company reported on Friday that it converted $3.40-million of debt due to Sprott Private Resource Lending, Barak Fund and the company’s 44.86%... →
Nevada Sunrise acquires option to buy Nevada mine
8th June 2018 TSX-V-listed Nevada Sunrise Gold Corporation has entered into a 90-day due diligence period related to an option to buy the Coronado property, in Nevada. During the due diligence period, Nevada Sunrise will commission Geotech, of Aurora, Ontario, Canada, to fly a vertical transient... →
Teck recognised for its corporate citizenship
8th June 2018 Canadian diversified miner Teck Resources has been recognised as one of the top companies in Canada for corporate citizenship by media and investment research company Corporate Knights, marking the twelfth consecutive year Teck has been named to the Best 50 Corporate Citizens in Canada ranking.... →
Callinex files technical report for updated resource estimate at the Nash Creek project
8th June 2018 Canadian zinc miner Callinex has filed an updated technical report for its 100% owned Nash Creek project, in New Brunswick, outlining a major increase in contained zinc, lead and silver mineralisation within indicated and inferred categories. A 2018 maiden preliminary economic assessment (PEA) on... →
Affordable adrenaline auto-injector designed
8th June 2018 Biomedical engineers from the Medical Devices Lab at the University of Cape Town (UCT) have developed an affordable, reloadable adrenaline auto-injector called the ZibiPen. The injector will provide vials of adrenaline for a fraction of the current cost of adrenaline auto-injectors to people with... →
Study on turning waste biomass into aviation fuel
8th June 2018 A consortium comprising enterprise development specialist Fetola, the World Wide Fund for Nature South Africa (WWF-SA) and SkyNRG is launching the Waste to Wing project to determine the feasibility of using waste biomass to produce sustainable aviation fuel in South Africa. The consortium will... →
ATON reiterates its view on M&R’s proposed acquisition of Aveng
7th June 2018 Investment company ATON, which has made a mandatory offer to buy all the shares in Murray & Roberts (M&R) it does not already own, has once again reiterated it opposition to M&R’s proposed acquisition of Aveng. The company said in a statement on Thursday that the potential Aveng transaction... →
Jubilee sets another operational record
7th June 2018 Dual-listed Jubilee Platinum’s North West-based Hernic project achieved record production of 2 101 oz of platinum-group metals (PGMs) in May, a 12% increase on the previous record. The company has already produced 3 972 oz of PGMs in the second quarter, with a target of 6 000 oz for the full... →
Launch of Tanzanian mining commission to benefit Kibaran
7th June 2018 The Tanzanian Department of Minerals has formally launched the Mining Commission, which will be responsible for administering the minerals sector in that country. The commission has started a process of issuing some 7 000 mineral licences that had been pending after the Tanzanian government... →
World Diamond Council’s System of Warranties open for public review
7th June 2018 The World Diamond Council (WDC) System of Warranties (SoW) has entered a public review period following the completion of an industry review. The SoW review and reform process is part of the WDC’s strategic plan and is intended to help industry participants better implement and demonstrate their... →
Busa attending G7 Summit with Ramaphosa
7th June 2018 Business Unity South Africa (Busa) is part of the South African delegation, led by President Cyril Ramaphosa and the Department of Trade and Industry, attending the Group of Seven (G7) Summit, in Canada. →
Platinum price set for recovery this year – survey
7th June 2018 The platinum price is expected to exceed $1 000/oz in the second half of this year. “We expect the platinum price will start a recovery this year, albeit a gradual one. This is predicated on a small deficit this year, of nearly 300 000 oz, fuelled by a contraction in supply, chiefly from the... →
Artisanal mining should be legalised – analyst
7th June 2018 As industrial mining for gold declines, artisanal mining for gold in abandoned, ownerless and derelict mines will increase, making way for artisanal miners to mine abandoned shafts, says mining analyst David van Wyk. Addressing delegates during a mining seminar at Sustainability Week 2018, in... →
Eastplats files civil claims notices against former directors, other parties
7th June 2018 JSE-listed Eastern Platinum (Eastplats), together with Eastplats Acquisition and Eastern Platinum Holdings, has filed notices of civil claims related to two separate actions in the British Columbia Supreme Court. The first claim is brought against Serina Services and Ingwenya Incorporated in... →
European Metals starts beneficiation of Cinovec bulk sample
6th June 2018 Aim-listed European Metals has started the beneficiation process and magnetic separation of a 15 t bulk sample at its Cinovec lithium/tin project, in the Czech Republic. The beneficiation and magnetic separation of a lithium-rich concentrate will provide pilot plant feed for planned downstream... →
Berkeley Energia lists on LSE
6th June 2018 Uranium miner Berkeley Energia officially listed on the LSE on Wednesday. The company also received confirmation from Spanish authorities that its shares will be admitted to trading on the Spanish Stock Exchange (SSE) soon. →
Trilogy reports maiden cobalt resource estimate for Alaska project
6th June 2018 Alaska-focused mineral explorer Trilogy Metals on Monday reported a maiden 77-million-pound cobalt resource for its Bornite project. The resource estimate used assay data from drill holes completed by the company between 2011 and 2013 and re-sampled historic holes drilled in the 1960s and 1970s. →
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