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

NNR sets the record straight on application fees paid by Eskom for NISL

25th May 2018 The National Nuclear Regulator (NNR) says the payment of application fees by any applicant to the NNR does not automatically secure a nuclear authorisation. This follows reports by media earlier this week that State-owned Eskom's payment of nuclear installation site licence (NISL) application... →

Centamin lowers FY18 production guidance

25th May 2018 Aim-listed Centamin's share price on the LSE fell by more than 15% on Friday after the miner lowered its production guidance for the full year to between 505 000 oz and 515 000 oz. It had previously expected to produce 580 000 oz of gold for the full year, however, it said in a statement on... →

AfDB's Africa Investment Forum to take place in November

25th May 2018 The African Development Bank (AfDB) on Tuesday launched its Africa Investment Forum (AIF), which will seek to attract investment and public–private partnerships aimed at transformative development on the continent. “The AfDB is championing the AIF as a platform to actively engage the private... →

Weir Minerals shines at Seifsa awards

24th May 2018 Mine dewatering equipment supplier Weir Minerals won the 2018 Most Transformed Company of the Year Award, as well as the Environment Stewardship Award, at the Steel and Engineering Industries Federation of Southern Africa (Seifsa) Awards for Excellence, on Thursday night. Engineering support... →

Consortium to study feasibility of turning waste biomass into aviation fuel

24th May 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... →

IronRidge appoints new chairperson

24th May 2018 Neil Herbert has been appointed nonexecutive chairperson of Aim-listed IronRidge Resources with immediate effect. He succeeds Nick Mather, who will remain on the board as a nonexecutive director. →

Signet joins De Beers' Tracr blockchain platform pilot

24th May 2018 Signet Jewelers will become the first retailer to join De Beers Group's end-to-end diamond blockchain pilot programme, known as Tracr. Tracr aims to complete the first digital link all the way from diamond production through to retail. →

Katoro reaffirms mining potential at Imweru

24th May 2018 Aim-listed Katoro Gold on Thursday confirmed that there was good upside potential for the further development of its Imweru gold project, in Tanzania. The company assessed the economic viability of the project, based on the results of a prefeasibility study and the new mining legislation and... →

Gordhan appoints new Denel, Transnet, SA Express boards; Hadebe appointed Eskom CEO

24th May 2018 Public Enterprises Minister Pravin Gordhan has appointed Phakamani Hadebe as Eskom CEO. Hadebe has been acting CEO of the power utility since January. →

Photo by Dylan Slater
Eskom CEO Phakamani Hadebe

Taste expects to widen FY headline loss a share

23rd May 2018 JSE-listed Taste Holdings expects to widen its headline loss a share to between 40.6c and 43.1c for the year ended February 28. This represents a 62% to 72% widening on the 25c headline loss in the prior year. →

Arrowhead vacancies improve despite challenging economic environment

23rd May 2018 South African focused real estate investment trust Arrowhead achieved a strong operating performance in the six months ended March 31, despite macroeconomic challenges. Speaking to Engineering News Online COO Riaz Kader on Wednesday said that although the company was operating in a very... →

Hilton hotels to cut down on plastic waste

23rd May 2018 The Hilton hotel group will remove plastic straws and plastic water bottles from its 650 managed properties by the end of this year. The company on Wednesday revealed its goal of cutting its global environmental impact in half by 2030. →

Fraser-Moleketi, Mphatlane to join Exxaro board

23rd May 2018 Geraldine Fraser-Moleketi, Mark Moffett and Isaac Mphatlane will join diversified miner Exxaro Resources’ board, following the retirement of directors Len Konar, Con Fauconnier and Saleh Mayet at the miner’s annual general meeting on Thursday. Fraser-Moleketi is a fellow of the Institute of... →

‘Movement’ key to economic growth – report

23rd May 2018 Investing in transport, logistics and infrastructure to improve the movement of goods is a key driver of economic growth, the ‘Avis Van Rental Movement Report 2018’ reveals. Unpacking key report findings at the launch in Midrand, on Tuesday, Avis Movement Southern Africa commercial vehicles... →

Some South African municipalities in financial distress – Treasury

22nd May 2018 Many municipalities remain in dire financial straits, says the National Treasury. Its latest report on the state of local government, entitled ‘The State of Local Government and Financial Management 2017’, which was published this week, shows that 17 district municipalities were identified as... →

De Beers’ rough diamond sales increase to $550m in fourth sales cycle

22nd May 2018 Diamond producer De Beers reported an increase in rough diamond sales to $550-million for the fourth sales cycle of this year. This is compared with rough diamond sales of $522-million in the fourth cycle of 2017 and sales of $524-million in the third cycle this year. →

Gem recovers 115 ct diamond from Letšeng

22nd May 2018 LSE-listed Gem Diamonds has recovered a 115 ct, top white colour Type IIa diamond from the Letšeng mine in Lesotho, the highest dollar per carat kimberlite diamond mine in the world. This is the ninth diamond of over 100 ct recovered at the mine this year, already exceeding the total number of... →

Goldplat to close Kenya mine plant

21st May 2018 Aim-listed Goldplat will close Plant 1 at its Kilimapesa gold mine, in Kenya, following the successful installation and subsequent second-stage expansion of a new processing plant. The new plant, which is processing at a rate of around 5 000 t/m, is now established enough that Goldplat can... →

Operational due diligence important to mitigating risk

21st May 2018 Investing in operational risk management is key to mitigating corporate fraud, poor governance and simple errors which result in losses for companies and consequently investors, Mercer Sentinel Africa Middle East, India and Turkey head Nigel Morriss said on Monday. Addressing media at a briefing... →

Aveng announces early bond redemption and R1.8bn rights issue

18th May 2018 JSE-listed construction group Aveng will implement a R1.8-billion rights offer to raise the capital needed to fund the early redemption of a portion of its existing convertible bonds of R2-billion. The rights offer will also add R300-million in new capital into the business. →

Nuclear, renewables must complement each other in South Africa – Cilliers

17th May 2018 Nuclear and renewables are being pitted against each other in South Africa, which is not helpful in the energy solution space, says professional engineer Dr Anthonie Cilliers, arguing that the technologies should complement one another as part of the broader energy mix. Speaking to Engineering... →

Rosatom, Zambia to build nuclear science centre

16th May 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. →

1 000 new nuclear reactors needed to meet global energy demand by 2050 – WNA

15th May 2018 The world will need to build 1 000 new nuclear reactors to meet global energy demand by 2050, World Nuclear Association (WNA) Harmony Programme adviser Jeremy Gordon said at AtomExpo, in Sochi, Russia, on Monday. He added that nuclear power was in the past 25 years growing at the fastest rate... →

Necsa’s NTP back at full production, wins AtomExpo award

15th May 2018 The South African Nuclear Energy Corporation’s (Necsa’s) NTP Radioisotopes arm, which won the AtomExpo Award for the best project in the nonenergy-related use of nuclear energy, on Monday, is back at full production, with both hot cells at its Pelindaba facility in full operation. The facility... →

Platinum Group Metals and HCI amend strategic investment terms

11th May 2018 TSX-listed mining company Platinum Group Metals (PTM) and South African black empowerment investment holding company Hosken Consolidated Investments (HCI) have agreed to amend the terms of a strategic investment. PTM said on Friday that HCI had entered into an amended subscription agreement, on a... →

Cobalt supply pressures rising amid DRC conflict mineral concerns

11th May 2018 Technology and clean technology companies are increasingly struggling to secure adequate supplies of cobalt, while the ethical sourcing of cobalt also remains a challenge. The Democratic Republic of the Congo (DRC) provides about two-thirds of the world’s cobalt supplies, but traceability of... →

CRM tailings retreatment project cost rises

11th May 2018 The estimated cost to complete the chrome tailings retreatment project at the Crocodile River Mine (CRM), in the North-West, has increased by 16.6% to R191.2-million, Eastern Platinum (Eastplats) reported on Friday. This follows after Eastplats and its subsidiary Barplats Mines undertook a... →

World Diamond Congress cancelled

11th May 2018 The World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) have cancelled this year’s World Diamond Congress, which was due to be held in Tel Aviv, Israel, in June, as a result of a weak response to registration for the event. The organisations... →

Ramaphosa’s ‘New Deal’ could revive investor confidence, restore fiscal discipline – Goldman Sachs

11th May 2018 President Cyril Ramaphosa’s economic policy platform – otherwise known as the ‘New Deal’ for South Africa – does not represent a significant philosophical departure from stated objectives in the existing National Development Plan (NDP), but Ramaphosa’s focus on economic stewardship and reform... →

President Cyril Ramaphosa

Minigrid research fund launched for sub-Saharan Africa

11th May 2018 Investment firm CrossBoundary, in partnership with The Rockefeller Foundation, launched the Mini-Grid Innovation Lab, in Nairobi, Kenya, last month. The lab is the first research and development fund for sub-Saharan Africa that focuses exclusively on testing business model innovations in the... →

EVs not yet disrupting oil demand growth outlook

11th May 2018 Short-term oil demand is still growing strong and will continue to do so through the end of 2020, a trend taking place despite the market’s increasing focus on electric vehicles (EVs) and the forecasted future plateau in oil demand, according to a new report from IHS Markit’s oil and gas team.... →

Technology key to improving education – EY

10th May 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

10th May 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. →

Economic mobility in developing countries has stalled for the last 30 years – World Bank

9th May 2018 Economic mobility has been impeded in developing countries over the last 30 years, says the World Bank in its ‘Fair Progress? Economic Mobility across Generations Around the World’ report, released on Wednesday. The report, which tracks economic mobility between parents and their children through... →

Gold-backed ETFs attract strongest inflows since early 2017

9th May 2018 Gold-backed exchange traded funds (ETFs) added 72.2 t to their holdings in April, taking overall holdings to 2 481 t. According to the latest statistics by the World Gold Council, this is the strongest month of net inflows in more than a year. →

AB InBev’s South African Q1 sales dip on March sin tax increases

9th May 2018 JSE-listed Anheuser-Busch InBev (AB InBev) saw revenue growth in South Africa of mid-single-digits for the quarter ended March 31, driven by high, single-digit revenue per hectolitre growth. The company said demand was reduced during the Easter peak season owing to higher sin taxes that came into... →

Amplats awarded global sustainability accolade

9th May 2018 Anglo American Platinum (Amplats) has achieved the second-highest sustainability practice score within the metals and mining sector category of ISS-oekom’s global ‘Corporate Responsibility Review 2018'. ISS-oekom is an environmental, social and governance (ESG) research and rating agency. →

Growthpoint Investec African Properties commences operations

9th May 2018 Pan-African real estate investment business Growthpoint Investec African Properties (GIAP), a partnership between Growthpoint Properties, Investec Asset Management and the International Finance Corporation, has started operations. GIAP has secured capital commitments in excess of $212-million... →

Lucara Q1 loss widens

9th May 2018 Lower revenues, higher depletion and amortisation costs and higher administrative and other expenses contributed to a widening in Lucara Diamonds’ net loss to $7-million for the quarter ended March 31, compared with a loss of $1.5-million in the first quarter of 2017. The Vancouver-based miner,... →

AfDB officially launches Africa Investment Forum

8th May 2018 The African Development Bank (AfDB) on Tuesday launched its Africa Investment Forum (AIF), which will seek to attract investment and public–private partnerships aimed at transformative development on the continent. “The AfDB is championing the AIF as a platform to actively engage the private... →

Kaap Agri sees positive H1 results despite drought

7th May 2018 JSE-listed Kaap Agri has reported improved interim financial results as its ongoing retail and fuel diversification strategy has helped to lessen the impact of the Western Cape’s drought on the agricultural sector. The company increased revenue by 5.4% to R3.4-billion in the six months ended... →

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