R/€ = 19.20 Change: -0.05
R/$ = 16.97 Change: 0.03
Au 1782.78 $/oz Change: 7.48
Pt 820.14 $/oz Change: 5.09


Sasol narrows immediate asset-disposal focus to ‘top ten’ list 

By: Terence Creamer     3rd July 2020 Chemicals and energy group Sasol has developed a list of ten major assets that will be prioritised for sale in the coming weeks and months as it moves to streamline the business into what is being termed ‘Sasol 2.0’, while also raising proceeds to help it reduce a $9.5-billion debt burden. In... 

The importance of using the correct SEIFSA Price and Index Pages indices in your Contract Price Adjustment

1st July 2020 In order for any business to remain sustainable, it is important to keep track of price escalation trends.  Companies supplying products to buying institutions have to monitor price escalation trends in order to ensure that they are adequately compensated for any price increases and understand... 

Kogi adopts phased approach to funding, work on Agbaja project

By: Marleny Arnoldi     30th June 2020 ASX-listed Kogi Iron has announced that it will adopt a staged funding and development programme to ensure the development of its Agbaja cast steel project, in Nigeria, continues to progress. The company also revised down its initial envisaged production rate during Phase 1 of the project to... 

FLSmidth gives stacker reclaimer new life

29th June 2020 A comprehensive refurbishment on an FLSmidth stacker reclaimer in South Africa is preparing this giant machine for another decade of sustainable productivity. “As OEM and intellectual property owner, FLSmidth is undertaking the mid-life refurbishment of a stacker reclaimer and tripper car for a... 

Profile on Gemecs

By: Creamer Media Reporter      26th June 2020 Gemecs (Pty) Ltd is a small-sized geological company that renders geological and mining consulting services to the Southern Africa mining industry. Gemecs is a South African company, with its head office situated in Middelburg, Mpumalanga, with a satellite office located in Morningside... 

SHYFTinc and Rentricity partner to turn Mine Water usage into Hydro power

22nd June 2020 SHYFTinc has recently established a new technology initiative with Rentricity. This agreement will bring Rentricity's innovative electricity production from gravity-fed or pressurized water pipelines directly into mines.  Rentricity has successfully implemented its renewable energy in-pipe hydro... 

Common misconceptions surrounding the demolition industry

22nd June 2020 Specialising in the heavy industrial and large commercial space, Jet Demolition undertakes a range of challenging demolition projects. It also excels at technically-demanding projects that require the highest levels of safety and quality. Jet Demolition Contracts Manager Kate Bester (N. Dip.... 

Ncondezi marks progress at Mozambique project

By: Tasneem Bulbulia     19th June 2020 Aim-listed Ncondezi Energy has recorded key developments at its integrated 300 MW coal-fired power project and coal mine in Tete, Mozambique, following the formal submission of an updated power tariff on March 31. Following meetings with Electricidade de Moçambique (EDM), additional work... 

Tulu Kapi gold project plans updated

By: Tasneem Bulbulia     19th June 2020 Aim-listed Kefi Minerals has recorded progress towards the goals of closing full project funding  for its Tulu Kapi gold project, in Ethiopia, in October and for gold production to start in 2022. "I am pleased to report that development and financing activities have been adjusted following recent... 

Booyco boosts in-house engineering team

By: Creamer Media Reporter      17th June 2020 Investing heavily in expertise by actively growing its engineering department will ensure that Booyco Electronics, as the local pioneer of proximity detection systems, remains ahead of the pack. At the forefront of technological innovation in collision avoidance systems (CAS), Booyco Electronics... 

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