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LSE says, hello, Africa! Come list with us

By: Bloomberg     22nd May 2019 It’s not often that the LSE comes to Africa looking for listings. Traditionally companies based on the continent have to make a strong case to have their stock traded on one the world’s biggest bourses. But this week, officials are on roadshow in a bid to boost the LSE’s 115 African listings. The... 

Traka accelerates expansion into wider African markets

By: Creamer Media Reporter      20th May 2019 Leveraging on almost two decades of experience in South Africa, and a presence in a further six African countries, networked key and equipment management solutions company Traka Africa announces an acceleration in their growth strategy. It plans to open new operations or expand more widely in... 

Worley creating a force for the future of resources and energy 

By: Martin Creamer     7th May 2019 Following the announcement in October 2018 of WorleyParsons' binding offer for Jacobs' Energy, Chemicals and Resources, the combined new entity has come together under a new brand – Worley – involving 57 600 people across 51 countries. While financially a $3.2-billion acquisition, operationally... 

Sand mining 'mafias' destroying environment, livelihoods – UN

By: Reuters     7th May 2019 Sand mining is eroding the world's river deltas and coastlines, damaging the environment and hurting livelihoods from Cambodia to Colombia, as government regulation fails to keep pace with rising demand, the United Nations warned on Tuesday. Global demand for sand and gravel, used extensively in... 

North Dune offers mine extension for Base

By: Esmarie Iannucci     1st May 2019 Mineral sands miner Base Resources has reported a mineral resource estimate of 171-million tonnes, grading an average of 1.5% heavy minera,s for 2.6-million tonnes of heavy minerals at the Kwale North Dune, at its Kwale operations, in Kenya. Mining at the Kwale operation is currently being... 

Lower ore grades tip scales at Kwale

By: Esmarie Iannucci     29th April 2019 Mineral sands miner Base Resources has reported lower production in the March quarter as the ore grades from the Kwale operation lowered, as expected. Base on Monday reported that ilmenite production from Kwale, in Kenya, declined from the 108 465 t produced in the December quarter, to 87 179 t,... 

Tanesco gives Kibo green light to develop MCPP

By: Marleny Arnoldi     29th April 2019 Aim- and JSE-listed Kibo Energy has received formal notice from the Tanzania Electric Supply Company to develop the Mbeya coal-to-power project for the export market. This enables the company to engage with African power pools regarding offtake agreements.  

Goldplat appoints interim CEO

By: Creamer Media Reporter      26th April 2019 Aim-listed Goldplat has appointed Werner Klingenberg interim CEO with immediate effect. He succeeds Gerard Kisbey-Green, who has stepped down as CEO but will continue to provide services to the company as required to ensure a smooth managerial transition. 

Stable oil price drives investment in burgeoning African oil, gas sector

By: Nadine James     25th April 2019 Africa is likely to experience continued oil and gas investment over the next three to five years as the stabilisation of crude prices above $60/bl, coupled with the continent’s rapidly expanding population, lure oil producers to one of the last remaining energy investment frontiers, Standard... 

Demand for outsourced solutions rising in Africa

By: Jessica Oosthuizen     12th April 2019 Mineral discoveries in Africa have been on the increase in the past ten years and one of the major challenges for mines is finding expert solutions in countries that have developing mining ecosystems, says global boutique consultancy The Polyglot Group renewables and resources senior consultant... 

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