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

Sylvania’s Q3 production falls after ‘challenging’ January

30th April 2018 A challenging January has resulted in Aim-listed Sylvania Platinum’s four-element (4E) platinum group metals (PGMs) production decreasing by 3% quarter-on-quarter to 16 857 oz for the third quarter ended March 31. “January was a particularly difficult month due to the impact of the delays with a... →

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

30th April 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. →

New technology being used to immortalise Mandela in centenary coins

27th April 2018 The South African Mint, a subsidiary of the South African Reserve Bank, will roll out a series of three collectable and one circulation coin depicting the life of distinguished statesman and global icon, Nelson Mandela, whose centenary is being commemorated this year. A bimetallic R5 circulation... →

SAA fills critical vacancies as it pursues turnaround

27th April 2018 South African Airways (SAA) has announced key appointments to fill the critical skills gap at the airline as it forges ahead with implementing a turnaround plan. Pumla Luhabe was appointed chief commercial officer, Bob Head CFO, Hendus Venter CIO, Mpati Amelia acting chief legal officer and... →

Nersa reappoints part-time regulator members

27th April 2018 Energy Minister Jeff Radebe has reappointed Jacob Modise, Maleho Nkomo and Fungai Sibanda as part-time regulator members of the National Energy Regulator of South Africa (Nersa). Modise was reappointed as Nersa chairperson and Nkomo as deputy chairperson. →

New technology being used to immortalise Mandela in centenary coins

27th April 2018 The South African Mint, a subsidiary of the South African Reserve Bank, will roll out a series of three collectable and one circulation coin depicting the life of distinguished statesman and global icon, Nelson Mandela, whose centenary is being commemorated this year. A bimetallic R5 circulation... →

Nanoclay technology being developed as possible means to treat AMD

27th April 2018 The Council for Scientific and Industrial Research (CSIR) is developing low-cost polymer-based adsorbents for the removal of toxic pollutants such as heavy metals, anions and organics, from wastewater, that could be applied in the treatment of acid mine drainage (AMD). AMD is the outflow of... →

PTM completes Maseve mine sale

26th April 2018 Platinum Group Metals (PTM) has concluded the sale of its equity in Maseve Investments, the holding company of the Maseve mine, to Royal Bafokeng Platinum (RBPlat). The aggregate consideration for the sale comprised 4.871-million RBPlat common shares, which have been delivered, and the... →

Norilsk sees increase in all metals during Q1

26th April 2018 Russian palladium and nickel mining company Norilsk Nickel, which also owns operations in Finland and South Africa, increased production of all key metals in the first quarter of the year. “The main phase of our downstream reconfiguration programme was completed last year and work-in-progress... →

HMI postpones publication of provincial findings report

26th April 2018 The Health Market Inquiry (HMI) has postponed the publication of its provisional findings and recommendations report to May 31, to afford HMI experts sufficient time to assess and interrogate submissions raised in stakeholder responses, which were submitted in April. The report was due to be... →

Increasing debt at water trading entity unacceptable – Portfolio Committee

26th April 2018 The Portfolio Committee on Water and Sanitation is worried about the Department of Water and Sanitation (DWS) Water Trading Entity’s (WTE’s) increasing debt book, despite various calls by the committee to use intergovernmental relations framework avenues to address the problem, committee... →

Gem lifts Q1 production, sales

26th April 2018 LSE-listed Gem Diamonds’ carat recoveries increased by 32% year-on-year to 33 526 ct for the three months ended March 31, compared with the 25 479 ct recovered in the first quarter of 2017. Carat recoveries also rose by 10% on the 30 560 ct recovered in the December 2017 quarter. →

Lucara recovers 327 ct diamond from Karowe

26th April 2018 Diamond producer Lucara Diamonds has recovered a 327 ct, top white gem diamond from its 100%-owned Karowe diamond mine, in Botswana. Eight diamonds greater than 100 ct have now been recovered at Karowe since the beginning of the year, including a 472 ct diamond. →

RBPlat CFO resigns

26th April 2018 Martin Prinsloo has resigned as CFO and executive director of Royal Bafokeng Platinum (RBPlat), effective August 10. He has been with the company for nine years and is leaving to pursue other opportunities. →

MC Mining’s Q3 output falls on equipment availability challenges at Uitkomst

26th April 2018 Equipment availability challenges resulted in an 18% quarter-on-quarter decrease in production at MC Mining’s Uitkomst metallurgical and thermal coal colliery to 115 750 t for the three months ended March 31. “The contract miner experienced equipment availability challenges during the quarter,... →

Photo by Creamer Media
MC Mining CEO David Brown

Pests, diseases a burden on agriculture – ARC

25th April 2018 Despite an influx of agricultural imports and an increase in pests and diseases coming into the country over the past 20 years, South Africa has not invested adequately in pest and disease control strategies, says Agricultural Research Council (ARC) president Shadrack Moephuli. “We have not been... →

Africa’s population growth could drive South Africa’s livestock exports

25th April 2018 Africa’s population is expected to grow by 25% by 2050, creating an expanding middle class population that will require an affluent protein diet, Agricultural Research Council (ARC) research institute manager Dr Misheck Mulumba said on Wednesday. Addressing delegates at a public awareness day... →

Gécamines says was forced to seek dissolution of Katanga’s Kamoto

24th April 2018 State-owned La Générale des Carrières (Gécamines) says it was forced to take legal action to dissolve TSX-listed Katanga Mining’s Kamoto Copper Company (KCC) for failure to restore shareholders’ equity within the legal time period. The State-owned miner has initiated court proceedings to seek the... →

Minigrid research, development fund launched for sub-Saharan Africa

24th April 2018 Investment firm CrossBoundary, in partnership with The Rockefeller Foundation, on Tuesday launched the Mini-Grid Innovation Lab, in Nairobi, Kenya. The lab is the first research and development fund for sub-Saharan Africa that focuses exclusively on testing business model innovations in the... →

Agri SA spent R331m on transformation in 2016/17

24th April 2018 Members of agricultural industry association Agri SA spent R331-million on transformation during the 2016/17 financial year and reached an estimated 108 307 beneficiaries, including 55 000 farmers. This is according to the 2018 Agri SA transformation report, which was released on Tuesday, and is... →

MC Mining appoints new board members

24th April 2018 Coal developer MC Mining has appointed CFO Brenda Berlin as an executive director to its board and also announced two nonexecutive director appointments. Berlin was named CFO in November last year and joined MC from Impala Platinum, where she held a number of senior appointments, including head... →

Anglo reports 4% increase in Q1 production

24th April 2018 Diversified miner Anglo American on Tuesday reported a 4% year-on-year increase in total production on a copper equivalent basis in the first quarter ended March. The company had a “solid start to 2018”, despite the suspension of operations at the Minas-Rio mine, in Brazil, CEO Mark Cutifani said. →

Photo by Creamer Media
Anglo American CEO Mark Cutifani

DMR’s appeal of High Court ruling to further delay Mining Charter 3

24th April 2018 Mineral Resources Minister Gwede Mantashe’s application for leave to appeal the Pretoria High Court’s decision on the ‘once empowered, always empowered’ principle under the Mining Charter is regrettable, says Herbert Smith Freehills co-chairperson and partner Peter Leon. He added that the... →

Commissioning of automated underground mine drives growth at Randgold’s Kibali mine

24th April 2018 The successful commissioning of the automated materials handling system at Randgold Resources’ Kibali underground operation is supporting the mine’s planned ramp-up in production, CEO Mark Bristow says. The mine, in the Democratic Republic of Congo, is on track to achieve its production guidance... →

Minas-Rio disruptions to cut Anglo’s earnings by up to $400m

24th April 2018 Diversified miner Anglo American expects the continued disruptions at its Minas-Rio iron-ore mine, in Brazil, to result in a reduction in earnings before interest, taxes, depreciation and amortisation of between $300-million and $400-million for this year. Production was suspended at the mine in... →

Hyprop FD resigns

23rd April 2018 Laurence Cohen has resigned as JSE-listed Hyprop’s FD, effective August 1, to pursue personal interests. The appointment of a new FD will be announced in due course. →

Amplats procures energy storage system for Amandelbult

23rd April 2018 Anglo American Platinum (Amplats) has contracted energy storage systems provider Primus Power to supply its Amandelbult mine, in Limpopo, with eight EnergyPod battery systems. The EnergyPods will provide Amandelbult with 200 kW of power and 1 000 kWh of energy. →

Gold tracks the dollar as investments take a back seat – WGC

23rd April 2018 A new report published by the World Gold Council (WGC) shows that the US dollar is again a strong indicator of the direction of the gold price. “Historically, gold has had a consistently negative correlation to the US dollar. Gold’s relationship with the dollar is determined by US-based gold... →

Rental income growth pressure, higher finance charges dent Octodec’s H1 results

23rd April 2018 Pressure on rental income growth, the lag effect of the let-up period at recent developments and higher finance charges, negatively impacted on JSE-listed real estate investment trust Octodec’s results for the six months ended February 28. “The political and economic uncertainty experienced... →

Confidence of general builders, civil contractors flat in the first quarter

20th April 2018 General building confidence, as measured by the Construction Industry Development Board (CIDB) SME Business Conditions Survey, was flat at 36 index points in the first quarter of this year. Only Grades 3 and 4 reported lower confidence in line with weaker underlying indicators among general... →

EVs not yet a market force to disrupt oil demand growth

19th April 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.... →

Oanda awarded EPC contract for Nigeria’s AKK pipeline

19th April 2018 JSE-listed Oando together with Oilserv have been awarded the engineering, procurement, construction (EPC) mandate for the Ajaokuta – Abuja portion of the $727-million Ajaokuta-Kaduna-Kano (AKK) pipeline system by the Nigerian National Petroleum Corporation (NNPC). The contract award follows an... →

Drilling continues at Kodal’s Bougouni project

19th April 2018 Aim-listed Kodal Minerals plans to continue reverse circulation drilling on its Mali-based Bougouni lithium project until the start of the rainy season in June/ July. "We are continuing with the major exploration and definition programme at Bougouni, with multiple key activities happening in... →

Letšeng mining lease to be extended – Gem

19th April 2018 The Lesotho government has announced its intention to renew JSE-listed Gem Diamonds’ Letšeng mining lease until 2034. The mining lease may be further extended if necessary in relation to any underground development of the mine thereafter. →

Pioneer Foods expects higher H1 headline earnings

19th April 2018 JSE-listed Pioneer Foods expects to report a 44% year-on-year improvement in operating profit and a 32% year-on-year improvement in headline earnings for the six months ended March 31. The company noted in a trading update on Thursday that adjusted headline earnings a share are likely to increase... →

Firestone sees high recoveries in first quarter

19th April 2018 Aim-listed Firestone Diamonds recovered 192 604 ct of diamonds from its Liqhobong mine, in Lesotho, in the three months to March 31. Recoveries were 6.6% higher than the previous quarter, resulting in a year-to-date total of 572 320 ct. →

Nanoclay technology being developed as possible means to treat AMD

17th April 2018 The Council for Scientific and Industrial Research (CSIR) is developing low-cost polymer-based adsorbents for the removal of toxic pollutants such as heavy metals, anions and organics, from wastewater, that could be applied in the treatment of acid mine drainage (AMD). AMD is the outflow of... →

CSIR developing water treatment, biodegradable plastic solutions

17th April 2018 Most of the plastics used in South Africa are nonbiodegradable, especially in the packaging industry, and end up in landfills, posing environmental threats and health concerns, Council for Scientific and Industrial Research (CSIR) polymer modification group leader Dr Avashnee Chetty says.... →

AfriForum, TKAG welcome Shell’s indication to withdraw from shale gas exploration

16th April 2018 AfriForum and the Treasure THE Karoo Action Group (TKAG) view Shell South Africa’s indication of its intention to withdraw from shale gas exploration in the Karoo as a major victory for those who care about the environment, TKAG said in a statement on Monday. The Herald last week reported that... →

ELB gets go ahead to start construction at Ngodwana biomass plant

16th April 2018 JSE-listed ELB’s ELB Engineering subsidiary, together with its project partner, KC Cottrell, has received notice to proceed with the building of a 25 MW biomass power plant for Ngodwana Energy following the successful bid in terms of the Renewable Energy Independent Power Producer Procurement... →

4Sight to establish JV in China

16th April 2018 JSE-listed 4Sight Holdings has signed an agreement with Chinese company Shenzhen Rongmei Science and Technology (RM) to establish a 50:50 joint venture (JV) in China. 4Sight said in a statement on Monday that it aims to expand its business operations, opportunities and customer footprint in the... →

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