Samantha Herbst

https://staging1.creamermedia.com/

Samantha Herbst

Samantha Herbst is a deputy editor for Creamer Media's online department.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

M&A opportunities still available in South Africa, despite economic challenges

25th April 2016 Despite a decrease in appetite for emerging-market assets in recent months – owing to the current drought, commodity exposure and the global economy’s risk aversion – there remains a fair amount of activity within the local mergers and acquisitions (M&A) market, as well as a compelling... →

Clarke Energy to supply GE gas engine tech to Tanzania plant

25th April 2016 Securing its first project in Tanzania, privately owned gas-driven power plant specialist Clarke Energy has won a contract to supply one of GE’s high-efficiency Jenbacher gas engines to Bakhresa Group flagship company Said Salim Bakhresa for a combined heat and power (CHP) plant that would... →

Nevsun, Reservoir merge to create new midtier base metals company

25th April 2016 Dual-listed base metals miner Nevsun Resources has agreed to acquire TSX-listed Reservoir Minerals for about $365-million to create a new, diversified midtier base metals mining company. →

African Potash inks participation agreement as Windmill deal falls through

22nd April 2016 Aim-listed exploration company African Potash announced on Friday that its fertiliser trade agreement with Southern Africa-based fertiliser producer Windmill has been terminated, owing to the drought currently affecting much of Southern Africa, which has had a marked impact on the fertiliser... →

SacOil JV awarded crude oil allocation by Nigerian oil corporation

22nd April 2016 JSE- and Aim-listed oil and gas company SacOil and Nigerian oil firm Energy Equity Resources (EER) have signed of a memorandum of understanding to explore oil and gas opportunities in Nigeria. SacOil announced on Friday that it had officiated the planned joint venture with EER to establish SacOil... →

SacOil CEO Thabo Kgogo

First phase of N8 highway rehab due for completion in June

22nd April 2016 The first of two contracts that will see the rehabilitation of the N8 highway between Bloemfontein and Thaba Nchu is due for completion in June, the South African National Roads Agency Limited (Sanral) reported this month. Sanral embarked on the two-contract upgrade owing to a significant... →

Acacia Q1 results undercut by Tanzania tax crackdown

21st April 2016 Despite London-listed Acacia Mining reporting a strong operational performance for the three months ended March 31, which includes the company’s best cost performance since 2010, the Tanzania-focused gold miner’s first-quarter results were undercut by a tax provision taken following an adverse... →

Acacia Mining CEO Brad Gordon

Denel to sign two landmark agreements with Malaysia counterparts

20th April 2016 State-owned defence industrial group Denel will be signing two landmark agreements with counterparts in the Malaysian industry during this week’s Defence Asia Exhibition – DSA2016 – in Kuala Lumpur. The agreements formed part of the offset arrangements contained in the 2012 contract to supply... →

Denel acting CEO Zwelakhe Ntshepe

Durban-based water conference to address shortage issues

20th April 2016 With parts of KwaZulu-Natal suffering some of the worst effects of the severe drought plaguing the region, Durban will play host to this year’s Water Institute of Southern Africa Conference and Exhibition (Wisa 2016) in May. The five-day-long conference, taking place at the Durban International... →

Solidarity lists 'devastating consequences' of proposed new Mining Charter

20th April 2016 The proposed new broad-based black economic-empowerment (BBBEE) Mining Charter could mean devastating consequences for the ailing mining industry, believes trade union Solidarity, which strongly denounced the draft charter in a statement on Wednesday. The proposed draft, which was discussed in... →

AfriSam-Saia Award introduces two new categories

20th April 2016 The programme for this year’s AfriSam-South African Institute of Architects (Saia) Award for Sustainable Architecture and Innovation will now include two new categories, namely Sustainable Products & Technology and Sustainable Social Programmes, which join the mainstay categories of Sustainable... →

Alexander Forbes' headquarters took top honours at the 2014 AfriSam-Saia Award

EY survey reveals 40% of S Africans would justify unethical behaviour to meet targets

19th April 2016 Recognising the threat that bribery and corruption pose to a financial system already under stress, an overwhelming 86% of South African executives agree that the effective prosecution of individuals would help deter fraud. However, 40% of these respondents admit that they could justify unethical... →

Africa’s largest expanse of wind turbines en route to Loeriesfontein

18th April 2016 The first of 1 098 wind turbine components are en route from the deepwater Port of Ngqura, 20 km north-east of Port Elizabeth, to Loeriesfontein, in the Northern Cape, which will soon become home to the largest expanse of wind turbines on the African continent, announced Khobab and Loeriesfontein... →

Western Cape aims to leverage new economy, tourism in quest for jobs

15th April 2016 Leveraging the Western Cape’s reputation as the “digital gateway to Africa” and a growing platform for new entrepreneurs, provincial Economic Opportunities Minister Alan Winde recently recommitted his department to further promoting job creation in an effort to add over 300 000 jobs to the... →

Banks obliged to ensure that clients abide by the law, says Basa

14th April 2016 In an attempt to clarify ongoing speculation following Standard Bank and Nedbank’s move last week to sever ties with the Gupta-linked Oakbay Resources, the Banking Association of South Africa (Basa) on Thursday released a statement to account for the regulatory considerations that all banks... →

Trade conditions in negative territory for fifth consecutive month – Sacci

14th April 2016 Current drought conditions, rising prices and the uncertain political situation in South Africa have contributed to shrinking trade margins and other seasonal factors impeding local business, causing trade conditions in March to remain in negative territory for the fifth consecutive month,... →

No load-shedding on Tuesday despite several technical faults

12th April 2016 Despite multiple unit trips at three power stations, which caused a combined loss of 3 535 MW, Eskom managed to avoid implementing load-shedding on Tuesday, which the State power utility attributed to the resilience of the power system that it had been building over the past eight months. Eskom... →

Lucapa recovers more large special, pink diamonds from Lulo

12th April 2016 ASX-listed diamond miner Lucapa Diamond Company has recovered more special and fancy-coloured diamonds from its Angola-based Lulo diamond project in Angola, including a 59 ct Type I diamond and a 33 ct Type IIa D-colour gem. These were the latest trial mining recoveries from Lulo’s E46 alluvial... →

Sea Harvest looks to acquire 59.6% of Perth’s Mareterram

8th April 2016 Sea Harvest Holdings, a subsidiary of the JSE-listed Brimstone Investment Corporation, has entered into a bid implementation agreement with Perth-based agribusiness Mareterram, which could increase Sea Harvest’s already majority share in Mareterram to about 59.6%. Sea Harvest’s offer, announced... →

Sentula interim CEO assumes role permanently

8th April 2016 JSE-listed mining services provider Sentula Mining announced on Friday that its interim CEO, Jacques Badenhorst, would now assume the position permanently, retroactive from March 1. Previously a nonexecutive director at Sentula, Badenhorst took the CEO reins from Robin Berry in October as acting... →

Johannesburg Roads Agency appoints new MD

8th April 2016 Following a rigorous selection process from a long list of candidates, the Johannesburg Roads Agency (JRA) has appointed civil engineer Dr Sean Phillips as its new MD. Phillips, who boasted a Master’s degree in science and management, as well as a Doctorate in civil engineering, would assume his... →

Sun City’s R1bn refurb project due for completion in 2017

8th April 2016 JSE-listed resort hotel group Sun International’s best-known local resort, Sun City, in the North West, is currently undergoing a five-year, R1-billion upgrade that will hopefully restore the resort town’s reputation as a firm favourite among local and international holiday-goers. Refurbishment... →

Miner dies at Lonmin's JV Pandora shaft following fall-of-ground accident

7th April 2016 A rock-drill operator has died at Lonmin's EPL 3 Joint Venture (JV) Pandora shaft following a fall-of-ground accident on Wednesday, the platinum miner confirms. Goodman Mangisa was the only fatality; no other employees were injured in the incident. →

Northern Cape-based Sonnedix PV project nearing completion

6th April 2016 The 86 MW Mulilo-Sonnedix-Prieska photovoltaic (PV) solar plant project, situated 50 km south-west of Prieska in the Northern Cape, is on schedule, within budget and nearing completion, according to independent power producer Sonnedix, which has undertaken the project with minority partner, local... →

Mulilo-Sonnedix-Prieska PV project, Northern Cape

Responsible mining standards published ahead of global certification programme launch

5th April 2016 The Initiative for Responsible Mining Assurance (IRMA) has published the second and revised draft of its Standard for Responsible Mining, which it released on Tuesday for public comment and a sixty-day review.The standard would form part of a multisector effort to certify the social and... →

Eastplats in the clear as Ontario court dismisses class action lawsuit

5th April 2016 The proposed securities class action lawsuit against JSE- and TSX-listed Eastern Platinum (Eastplats) has been dismissed by the Ontario Superior Court of Justice, the South Africa-focused platinum miner announced on Tuesday. Law firm Siskinds LLP originally filed a notice of application in June... →

Pan African completes acquisition of Uitkomst colliery

4th April 2016 Dual-listed precious metals mining group Pan African Resources has completed the acquisition of Uitkomst colliery from investment holdings company Oakleaf Investment Holdings and minerals company Shanduka Resources for a revised purchase consideration of R176-million. Pan African assumed... →

New Chevron refinery GM prioritises fuel security, skills development

4th April 2016 Oil company Chevron South Africa has appointed Victor Bester as GM of its Cape Town Refinery, in Milnerton. Commenting on his appointment, Bester said that fuel security and skills development remained top priorities for the country and that Chevron South Africa’s commitment to safely... →

Chevron Cape Town Refinery GM Victor Bester

Oliphant warns agri employers against noncompliance with new minimum wage

4th April 2016 Labour Minister Mildred Oliphant has cautioned against the “disingenuous practice” of farm and forest employers who are not complying with the recently upwardly adjusted minimum wages. Many employers were reportedly paying workers far less than the current stipulated minimum wages, which they... →

South African Navy awards contract for new communications system

1st April 2016 South African defence and security company Saab Grintek Defence (SGD), the local subsidiary of Swedish aerospace and defence group Saab, has been awarded a contract by Armscor’s Institute for Maritime Technology for a TactiCall integrated communications system, which will be used to enhance the... →

South African, Italian research collaboration yields all-in-one laser breakthrough

1st April 2016 A South African-Italian research team has conceptualised an all-in-one laser that produces several types of beams to serve a variety of industrial applications, including microscopy, imaging, laser machining and communication in free space and fibres, with one solution. Spearheaded by Professor... →

First phase of N8 highway rehabilitation due for completion in June

31st March 2016 The first of two contracts that will see the rehabilitation of the N8 highway between Bloemfontein and Thaba Nchu is due for completion in June, the South African National Roads Agency Limited (Sanral) revealed on Thursday. Sanral embarked on the two-contract upgrade owing to a significant... →

CompComm raids particleboard manufacturers in collusion investigation

31st March 2016 The Competition Commission on Thursday conducted a search and seizure operation at the Gauteng premises of particleboard and medium-density fibreboard manufacturers PG Bison and Sonae Novobord as part of an investigation into alleged collusion. →

WC to create 300 000 new jobs in the next five years

30th March 2016 Leveraging the Western Cape’s reputation as the “digital gateway to Africa” and a growing platform for new entrepreneurs, provincial Economic Opportunities Minister Alan Winde on Wednesday recommitted his department to further promoting job creation in an effort to add over 300 000 jobs to the... →

Alan Winde

Sun City’s R1bn refurb project due for completion in 2017

18th March 2016 JSE-listed resort hotel group Sun International’s best-known local resort, Sun City, in the North West, is currently undergoing a five-year, R1-billion upgrade that will hopefully restore the resort town’s reputation as a firm favourite among local and international holiday-goers. Refurbishment... →

Saab Grintek Defence to provide South African Navy with TactiCall system

15th March 2016 South African defence and security company Saab Grintek Defence (SGD), the local subsidiary of Swedish aerospace and defence group Saab, has been awarded a contract by Armscor’s Institute for Maritime Technology for a TactiCall integrated communications system, which will be used to enhance the... →

South African, Italian academics collaborate to produce all-in-one laser solution

15th March 2016 A South African-Italian research team has conceptualised an all-in-one laser that produces several types of beams to serve a variety of industrial applications, including microscopy, imaging, laser machining and communication in free space and fibres, with one solution. Spearheaded by Professor... →

Johannesburg Roads Agency appoints new MD

15th March 2016 Following a rigorous selection process from a long list of candidates, the Johannesburg Roads Agency (JRA) has appointed civil engineer Dr Sean Phillips as its new MD. Phillips, who boasted a Master’s degree in science and management, as well as a Doctorate in civil engineering, would assume his... →

JRA MD Sean Phillips

Commodities slump might give South Africa ‘breathing space’ to prepare for next uptick

11th March 2016 It has been generally acknowledged among industry stakeholders that, compared with its global counterparts, Africa’s mining industry has significantly underperformed, despite market challenges and the continued commodity slump impacting on the global mining industry. →

Photo by Reuters
INVESTING IN AFRICAN MINING INDABA 2016 Once considered the darling of mining in Africa and a gateway to the continent by investors, South Africa has been scapegoated as one of Africa’s primary underachievers

Commodities slump might give South Africa 'breathing space' to prepare for next uptick

11th March 2016 It has generally been acknowledged among industry insiders that, compared with its global counterparts, Africa’s mining industry has significantly underperformed in recent years, despite market challenges and the continued commodity slump impacting on the global mining industry. Moreover, South... →

Hulamin appoints new CFO

10th March 2016 JSE-listed aluminium supplier Hulamin has appointed Anton Krull as its new CFO. He rejoins Hulamin from ASX-listed packaging company Amcor, where he has served as finance director of South African operations. Previously, Krull served Hulamin in several senior financial positions for seven years,... →

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Newsletters

Sign up for our FREE daily email newsletter

Receive daily sector news alerts

More

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Subscribe