AECI to expand into Africa, Asia and South America

Industrial chemicals and explosives manufacturer AECI is continuing to look at expansion opportunities for its explosives business, AEL Mining Services, into markets beyond South Africa, especially the rest of Africa, Asia Pacific and South...

Electronic initiation specialist reports 30% volume growth

Electronic initiation design and manufacturing company DetNet, a joint venture between AECI group companyand Dyno Nobel, has experienced over 30% volume growth owing to growth in sales from two product launches earlier this year.

Improving performance in Zambian mining sector

ASX- and TSX-listed copper producer Equinox Minerals, which owns the Lumwana copper mine, increased its copper in concentrate production to 43 835 t in the second quarter, as production performance at the Zambia mine continues to improve.

Resources Watch

This week: JSE-listed AECI sees volumes grow by 15%; Minera IRL would consider a merger of equals; and Merafe/Xstrata will build a R1-billion chrome-fines plant in Rustenburg.

Explosives firm signs up to carbon footprint reduction initiative

Blasting solutions company AEL Mining Services has committed itself to an initiative to reduce the group’s carbon footprint at its operations.

Real Economy Report

This is the Real Economy Report. Our top stories this week: we speak to new Angloplat CEO Neville Nicolau on safety and production challenges, explosives prices to increase futher and, we speak exclusively to ArcelorMittal South Africa's CEO about...

AECI expects demand from mines to remain robust

Continued growth in the global mining industry would continue to benefit chemicals and explosives firm AECI in future, CEO Graham Edwards commented on Tuesday. He explained that while some might say the global mining industry was slowing down,...

New technology making inroads into global explosives market

Electronic initiation system specialist DetNet aims to grow its annual sales volumes to more than two-million units in 2008, up from the more than 1,2-million unit sales reported last year, says CEO Gys Landman.

AEL assembling explosives in Indonesia, says AECI CEO Edwards

Explosives specialist and AECI group company AEL has developed a new model to expand its exports from South Africa. AECI CEO Graham Edwards says the company’s first off-shore shocktube assembly operation is currently being established in...

AEL gets board thumbs-up for last phase of detonator plant

The board of AECI approved the third and final phase of African Explosives Limited's (AEL's) automation programme at its Modderfontein detonator plants.

AEL gets board thumbs-up for last phase of automation programme

The board of AECI has approved the third and final phase of African Explosives Limited's (AEL's) automation programme at its Modderfontein detonator plants, it said on Tuesday.

AECI expects 68%-83% earnings jump

JSE-listed explosives group AECI said on Wednesday that it expected to announce headline earnings and attributable earnings for the year ended December 31 that were 68% to 83% higher for each share than the figures for the previous year.