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Australia’s latest resources boom is driving a surge in IPOs

By: Bloomberg     20th April 2021 Australia is leveraging off its strength as a mining powerhouse to become the go-to destination for initial public offerings in the resources sector. The ASX notched up 42 IPOs in mining-related businesses over the past 12 months despite the Covid-19 pandemic, well ahead of other hotspots... 

Fire prevention company’s offering in demand  

By: Halima Frost     2nd April 2021 Fire risk management company ASP Fire has had a productive first quarter, with numerous projects being completed or nearing completion last month. These projects include implementing or upgrading fire-detection and -protection systems for a hotel in Honeydew, Gauteng; a citrus pack house in... 

New sealant enhances passive fire protection

By: Halima Frost     2nd April 2021 Sealant technology provider Den Braven’s Fire Protect hybrid sealant is a “one-for-all” sealant that encapsulates the concept of passive fire protection, which is integral when designing a building or structure. The hybrid sealant prevents fire from spreading through a building by creating... 

Conveyor Belt fire system to be awarded international certification

By: Halima Frost     2nd April 2021 Leading fire suppression company, I-CAT, has successfully completed and passed all required tests to obtain a verified certification from the UK national standards body, British Standards Institution (BSI) on its conveyor belt system. “I-CAT, the original-equipment manufacturer (OEM) of the... 

Senegal project presents high-grade results

2nd April 2021 Canadian mineral exploration company Thor Explorations has reported an encouraging set of drill results from the southern Makosa Tail prospect at its Douta project, in Senegal. The Douta gold project has a northeast-trending permit that covers an area of 103 km2 and is located within the Kéniéba... 

The UAE warns US shale companies against pumping more oil

By: Bloomberg     13th January 2021 Any attempt by US shale and other oil producers to boost output this year will backfire and lead to lower prices, according to the energy minister of the United Arab Emirates. Oil prices have surged in the past two months with the development of coronavirus vaccines. They jumped again last week... 

Blast at Chinese recycler shows battery supply chain risks

By: Bloomberg     8th January 2021 China’s biggest battery manufacturer has urged units to focus on safety issues after an explosion at a recycling affiliate, which has drawn attention to the risks in the industry’s supply chain. While the cause of the blast at a Hunan Brunp Recycling Technology Co. factory in Hunan province is... 

Fire breaks out at Vale mine amid protests in New Caledonia

By: Reuters     15th December 2020 A fire broke out at nickel mining facilities owned by Brazil’s Vale in New Caledonia during local protests, the company said on Monday, as a simmering political dispute on the Pacific Island shows no signs of abating. Vale said its processing plant, located 7 km away, was secure and being... 

India court rejects temporary restart of Vedanta copper smelter

By: Bloomberg     2nd December 2020 India’s top court has rejected Vedanta’s petition to restart for three months its shuttered copper smelter. The Supreme Court will review the plea to resume operations at the facility in the southern Tamil Nadu state in detail next year and decide if plant can be allowed to restart or shut... 

Teck goes on headhunting spree with investors seeking change

By: Bloomberg     21st August 2020 Teck Resources is shaking up its top executive ranks after coming under fire from investors seeking change at Canada’s largest diversified miner. Harry “Red” Conger, a veteran miner who stepped down from Freeport-McMoRan this month, becomes Teck’s COO effective September 1, the Vancouver-based... 

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