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Trevali intersects high-grade zinc mineralisation 240 m below Perkoa mine
6th June 2018 Zinc-focused base metals company Trevali has reported that recent drilling at its Perkoa mine, in Burkina Faso, confirms mineralisation remains open at depth, after drilling 240 m below the current modelled mining level. The company said in a drilling exploration update on Wednesday that, since... →
Nestlé launches 'zero water' manufacturing facility in Western Cape
5th 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... →
Mining industry stakeholders pledge to do more to achieve zero harm
4th June 2018 Precious metals miner Sibanye-Stillwater is concerned that a plateau has been reached in reducing fatalities in South Africa’s mining industry and believes a different and collaborative approach involving all stakeholders is needed for the industry to achieve its aspiration of zero harm. It was... →
Environmental activists challenge Radebe’s intention to build new coal-fired plants
4th 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.... →
GFG acquires Timmins claims from Alamos subsidiary
1st June 2018 TSX-V-listed GFG Resources has entered into a purchase and sale agreement with Richmont Mines, a subsidiary of Alamos Gold, to acquire a 100% interest in claims that are adjacent to its Pen Gold project, west of Timmins, Ontario. GFG will pay for the Sewell property in 390 930 common shares. →
RNC secures $13m loan; strategic focus shifts to Dumont project
1st June 2018 TSX-listed miner RNC Minerals has entered into a $13-million bridge financing facility with Auramet International that will eliminate most debt repayment commitments for the rest of the year, as its focus shifts to the “shovel-ready” Dumont base metals project, in the Abitibi region of Quebec.... →
South African precious metals recycling innovation reaches Africa Prize finals
1st June 2018 An innovation that uses a cheap and sustainable recycling method to recover precious metals has made it into the finals of the 2018 Africa Prize for Engineering Innovation. →
Distell relists on the JSE
1st June 2018 Beverage producer Distell relisted on the beverage sector of the JSE on Friday. “Today marks an important journey in our company’s evolution as it simplifies a historically multitiered ownership structure of Distell, through investment holding company Capevin, providing investors with a... →
Weatherly shares suspended as water ingress at Tschudi creates uncertainty
1st June 2018 Aim-listed Weatherly International has requested a suspension in the trading of its shares, effective Friday, owing to the uncertain position of its Namibia-based Tschudi mine, as a result of significant water ingress. The Tschudi openpit mine had recently experienced a rapid increase in... →
Technology key to improving education, EY argues
1st June 2018 Technology is rapidly contributing to improvements in the quality of education on the African continent, says EY Africa People Advisory Services Leader Chad Schaefer. Speaking at EY’s Strategy Growth Forum Africa conference, in Johannesburg, on Thursday, he noted that digital learning could be... →
Emerging markets more vulnerable to cyberattacks
1st June 2018 Africa has one the highest cyberattack rates in the world, says EY cybersecurity leader Samresh Ramjith. “We are seeing mobile penetration at more than 100% across Africa. To most people on the continent, mobile phones are the most expensive piece of equipment they own. →
Nuclear science centre to be built in Zambia
1st June 2018 Russia’s Rosatom and Zambia have signed an agreement for the construction of the Centre for Nuclear Science and Technology (CNST) in the Southern African country. Construction of the centre will be the first joint project between Russia and Zambia in the field of nuclear technologies. →
DWS, Sanbi launch R90m water project
31st May 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... →
Albany reopens Virginia bakery after R70m refurbishment
31st May 2018 Bread producer Albany has reopened its bakery in Virginia, in the Free State, following a R70-million refurbishment. The new bakery will initially operate for 12 hours a day, across two shifts, with plans to eventually increase output to full capacity, baking for 24 hours a day, across three shifts. →
Pan African gains R126m for Elikhulu expansion project
31st May 2018 JSE- and Aim-listed Pan African Resources will receive about R126-million in proceeds from the sale, by PAR Gold, of 130-million Pan African shares. PAR Gold, in which Pan African holds an indirect 49.9% interest, sold the shares, representing 5.8% of Pan African’s issued share capital, at a... →
Kodal identifies further lithium intersections at Bougouni
31st May 2018 West Africa-focused Kodal Minerals has identified further high-grade lithium mineralised intersections at the Sogola-Baoule prospect at its Bougouni lithium project, in southern Mali. "These latest high-grade intersections continue to highlight the potential of the Sogola-Baoule prospect,” CEO... →
Iamgold to start drilling at Senegal project
31st May 2018 Toronto-based IAMGOLD has completed preliminary studies at Aim-listed Stratex International’s 85%-owned Dalafin gold project, in Senegal, and will soon start a 5 750 m drilling programme at the project. This follows the signing earlier this year of an $8-million earn-in agreement on Dalafin... →
Attacq disputes claims of illegal water connections at Waterfall
31st May 2018 JSE-listed Attacq has refuted allegations by the City of Johannesburg (CoJ) regarding illegal water connections at some of the properties under its management in Waterfall City. The property development company said in statement on Thursday that it was in possession of all paperwork and invoicing... →
BlueRock raises £350 000 through placement
31st May 2018 Aim-listed BlueRock Diamonds has raised about £350 000 through the issue of 29.17-million ordinary shares at a price of 1.2p a share. In addition to strengthening the balance sheet, the company will use the larger part of the proceeds to expedite the development of Pipe 1 at its Kareevlei... →
Trevali appoints new CFO
31st May 2018 Gerbrand van Heerden has been appointed CFO of zinc-focused base metals company Trevali, taking over from outgoing CFO Anna Ladd-Kruger, effective June 1. “Van Heerden’s extensive base metals and finance experience will provide a solid foundation to the company as it continues to evolve into a... →
Nampak H1 profit up 10% y/y
30th May 2018 JSE-listed Nampak’s headline earnings and headline earnings a share for continuing operations increased by 11% and 10% to R849-million and 132c, respectively, for the six months ended March 31. Presenting the company’s results, on Thursday, CEO André de Ruyter said the performance from continuing... →
Xtract narrows loss as Manica ramps up
30th May 2018 Aim-listed Xtract Resources has achieved significant progress at its Manica gold project, in Mozambique, in the year ended December 31, 2017. The mine produced its first gold in October, from Sino Minerals, which marked a milestone in the company's history. →
Vivo’s Q1 adjusted Ebitda rises 6% y/y
30th May 2018 JSE-listed Vivo Energy achieved a 6% year-on-year increase in adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) to $102-million for the quarter ended March 31, compared with Ebitda of $96-million in the first quarter of 2017. Total volumes were up 5% year-on-year,... →
Exemplar to list on the JSE in June
30th May 2018 Exemplar Retail has been granted approval to list in the retail real estate investment trust sector on the main board of the JSE, effective June 12. The company said in a statement on Wednesday that it intends to grow its property portfolio through the acquisition of high-quality assets... →
Namibia Rare Earths changes name to reflect broader commodity base
30th May 2018 TSX-V-listed Namibia Rare Earths has changed its name to Namibia Critical Metals. “The company changed its name to more accurately reflect the recently expanded commodity base from solely rare earths to include a variety of highly critical commodities, including cobalt, copper, vanadium, zinc,... →
Mantashe to conclude Mining Charter community consultation tour
30th May 2018 Mineral Resources Minister Gwede Mantashe will conclude the nationwide community consultations on the Mining Charter in Newcastle, KwaZulu-Natal, on Thursday. He has had ten consultations across the country to gather input from stakeholders on the charter before it is finalised in June. →
Kore Potash appoints new CEO
30th May 2018 Stuart Bradley (Brad) Sampson, once employed by Gold Fields in South Africa and Australia, has been appointed CEO of potash development company Kore Potash, taking over from outgoing CEO Sean Bennett, effective from June 4. Sampson was most recently CEO of ASX-listed Tiger Resources and held... →
Stratex appoints new CFO, company secretary
30th May 2018 Robert Smeeton has been appointed CFO and company secretary of Aim-listed Stratex International, succeeding Perry Atwood, who is retiring, effective June 4. "Atwood has played a critical role in the development and success of Stratex since joining in 2005. I wish him well in his retirement,”... →
Ivanhoe installs new crusher at Kipushi mine
30th May 2018 Canadian exploration and development company Ivanhoe Mines has installed a large-capacity rock crusher 1 150 m below surface at its upgraded Kipushi zinc/copper/silver/germanium mine, in the Democratic Republic of Congo (DRC). The crusher has a maximum capacity of 1 085 t/h. After the 54 t... →
Skills investment needed to sustain manufacturing industry
29th May 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... →
Manufacturing sector investment to remain stable in Q2 – Manufacturing Circle
29th May 2018 The Manufacturing Circle Investment Tracker (MCIT) for the first quarter of this year shows there has been investment into the manufacturing sector in the past 15 months, but that investment is declining. Presenting key findings of the MCIT, in Centurion, on Tuesday, Manufacturing Circle... →
UCT biomedical engineers design affordable adrenaline auto-injector
28th May 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... →
SEZ officials to receive training in China
28th May 2018 A group of 50 Special Economic Zone (SEZ) practitioners and supporting sector specialists from the Department of Trade and Industry (DTI), provincial departments and local municipalities and agencies responsible for the implementation of government’s SEZ programme, will participate in a capacity... →
DRA consolidates West African footprint with Sierra Leone EPC project
28th May 2018 Global engineering firm DRA has secured a contract with Iluka Resources subsidiary Sierra Rutile for the expansion of its mineral sands operations in the Bonthe district of Sierra Leone. Sierra Rutile’s Gangama plant, which was originally built by DRA in 2016, will double its capacity to between... →
Vedanta reports fatality at Gamsberg project
28th May 2018 An employee was killed in a mining related accident at Vedanta Zinc International’s Gamsberg project, in the Northern Cape, on Friday. All work at the Gamsberg project has been halted while investigations involving the local emergency services and South African Police Service, the Department of... →
Chinese government lends support to Musina-Makhado SEZ
25th May 2018 Government is making good progress in the establishment of the ferroalloy industrial park at the Limpopo-based Musina-Makhado Special Economic Zone (SEZ), as a result of the support of the Chinese government, Department of Trade and Industry (DTI) SEZ deputy director-general Sipho Zikode said on... →
SAA, partner airlines assist stranded SA Express passengers
25th May 2018 South African Airways (SAA) and its partner airlines Mango and SA Airlink have put in place replacement capacity to support South African (SA) Express passengers. This comes after the South African Civil Aviation Authority (SACAA) on Thursday suspended SA Express’ flights after an audit uncovered... →
Endeavour discovers new mineralised zones at Houndé
25th May 2018 TSX-listed Endeavour Mining has discovered two new large mineralised zones – Kari Centre and Kari West – at its Houndé mine, in Burkina Faso. Following the Kari Pump discovery in December last year, exploration efforts were prioritised on the wider Kari area, which hosts a large gold-in-soil... →
Volkswagen SA announces two new appointments
25th May 2018 Mark Handley has been appointed head of Volkswagen South Africa Commercial Vehicles and Ryan Searle Volkswagen South Africa National sales manager. Handley played a key role in bringing about a significant improvement in Volkswagen's Dealer Satisfaction Index, helping to make the Volkswagen... →
Steenkampskraal BFS to be finalised in 6 to 12 months
25th May 2018 A bankable feasibility study (BFS) on the Steenkampskraal rare earths mine, in the Western Cape, will be concluded in the next 6 to 12 months, says Steenkampskraal Holdings chairperson Trevor Blench. The mine is one of the highest-grade rare earth and thorium mines in the world, with average... →
Stronger rand cuts Hulamin's interim earnings
25th May 2018 JSE-listed Hulamin expects to report a 55% decrease in earnings a share and headline earnings a share to 25c for the six months ended June 30. The company said in a statement on Friday that its profits had been impacted on by the performance of the rand against the dollar and the euro, as... →
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