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EIB provides €95m support for East African entrepreneurs
The European Investment Bank (EIB) has signed two new credit lines for East-Africa for €95-million, or about Kshs(Kenyan Shilings)10.45-billion, to be made available through financial institutions...
Largest private IPP in Ghana on course for 2017 completion
Ghanaian independent power producer Cenpower Generation Company’s Kpone Independent Power Plant (KIPP), which is expected to become a critical baseload component in meeting Ghana’s growing...
Portable power and solar solutions manufacturer to launch in SA
US-based portable power and solar manufacturer Goal Zero will launch its product range in South Africa through local multichannel distributor Wintec Solutions this month. Goal Zero has been...
New Development Bank invited to join Africa’s power push
African Development Bank Group (AfDB) president Akinwumi Adesina has invited the New Development Bank (NDB) to support Light up and power Africa – the first of five top priorities of AfDB’s...
Australian company develops solution that detects deep-buried metal
Australia-based sensor technologies and software provider Gap Explosive Ordnance Detection (EOD) has developed the UltraTEM technology, which can detect deep buried metal in magnetite stockpiles....
Tanzania gold mine on course to start commercial underground production in Q2
East Africa-focused gold producer, developer and explorer Shanta Gold reports that underground production at its New Luika gold mine in Tanzania remains on track to reach commercial production...
De Beers leads research project to deliver carbon-neutral mining at its operations
Diamond miner De Beers Group is leading a groundbreaking research project that aims to deliver carbon-neutral mining at some of its operations in as few as five years. The company’s scientists, in...
CNH Industrial launches local youth training programme
Capital goods company CNH Industrial launched the new TechPro2 2017 programme in Ennerdale, Johannesburg, last month. TechPro2 is a technical training programme for young people, with the aim of...
AfDB approves $253m for Uganda–Kenya connecting road upgrades
The African Development Bank Group (AfDB) has approved $253-million in loans to the governments of Kenya and Uganda for the upgrading of a 118 km road section connecting the two countries and...
Côte d’Ivoire gold project on track to start production in March 2018 quarter
Development of dual-listed gold miner Perseus Mining’s Sissingué gold mine, in Côte d’Ivoire, is on schedule and was 42% complete by the end of last month. The project, which remains on track to...
Rockwell files for business rescue
Dual-listed alluvial diamond miner Rockwell Diamonds has filed for business rescue, which will ensure any liquidation order is automatically stayed. This follows after a judge in Kimberley on March...
Shanta reports higher Q1 production, improved margins
Aim-listed Shanta Gold’s New Luika mine, in Tanzania, produced 20 416 oz of gold in the quarter ended March 31, improving the company’s margins and keeping it on track to meet its 2017 guidance....
Africa’s largest scissor lift launched
Mobile elevated work platform rental company Goscor Access Rental launched Africa’s largest scissor lift at its Montague Gardens facility, in Cape Town, last month. The HL-275 D27, manufactured by...
Wind body questions unjustified constraints in power-mix base case
The South African Wind Energy Association (Sawea) has rejected the current base case scenario used for the 2016 updated Integrated Resource Plan (IRP) Update for Electricity, calling for the...
Bushveld subsidiary, Chinese firm to build coal-fired power plant in Madagascar
Aim-listed Bushveld Minerals subsidiary Lemur Resources has signed a memorandum of understanding (MoU) with Chinese State-owned hydropower engineering and construction company Sinohydro Corporation...
Zambian mine in first-of-a-kind tailings dump site rehab, hopes to eventually produce biodiesel
Zambia’s largest integrated copper producer, Konkola Copper Mines (KCM), owned by global conglomerate Vedanta Resources, has launched the first project of its kind in Zambia to rehabilitate a...
Rockwell files for business rescue; will retain company operations in the interim
Dual-listed alluvial diamond miner Rockwell Diamonds has filed for business rescue, which will ensure any liquidation order is automatically stayed. This follows after a judge in Kimberley on March...
Gem Diamonds appoints new chairperson
Aim-listed Gem Diamonds has appointed Harry Kenyon-Slaney as its chairperson and an independent nonexecutive director, effective after June 6, succeeding Roger Davis, who will be stepping down. "I...
Exosun, Lesedi partnership to offer localised solar tracking solutions
Global supplier of solar tracking solutions for ground-mounted photovoltaic (PV) plants Exosun and South Africa-based engineering, procurement and construction company Lesedi Nuclear Services have...
TVET students benefit from Euphoria, Saben partnership
Local telecoms provider Euphoria Telecom announced that it had partnered with South African Broadband Education Networks (Saben) to offer affordable Voice over Internet Protocol to South African...
Revised mine plan, updated reserves extend life of Tanzania gold mine
East Africa-focused gold producer, developer and explorer Shanta Gold has announced a revised mine plan for its New Luika gold mine, in Tanzania, for January 2017 to December 2023, as well as an...
Africa Climate Change Fund embraces new partner contributions
The African Development Bank (AfDB) approved the conversion of the Africa Climate Change Fund (ACCF) to a multidonor trust fund last month. This conversion brings two new partners to the fund, the...
Lesotho diamond mine poised to start commercial production in June
Aim-listed diamond development company Firestone Diamonds expects its Liqhobong diamond mine, in Lesotho, to reach commercial production at the end of June. Commissioning of the mine started in...
Perseus makes positive start to 2017, as Edikan’s Q1 production rises 51% q/q
Dual-listed gold miner Perseus Mining has made a positive start to 2017, with 48 655 oz of gold produced in the quarter ended March 31. Production for the quarter was 51% higher than that produced...
Local company partners with global software solutions major
Provider of integrated project cost management software solutions Ares Project Management LLC, subsidiary of Ares Holding Company, and South Africa-based, multi-layered consulting company Infracon...
RBPlat to list R1.2bn unsecured convertible bonds, proceeds to fund Styldrift expansion ramp-up
The Johannesburg Stock Exchange (JSE) has granted platinum mining company Royal Bafokeng Platinum (RBPlat) approval for the listing of R1.2-billion 7% senior unsecured convertible bonds. The bonds...
Bushveld’s Lemur, Sinohydro to build coal-fired power plant in Madagascar
Aim-listed Bushveld Minerals’ Lemur Resources subsidiary has signed a memorandum of understanding (MoU) with Chinese State-owned hydropower engineering and construction company Sinohydro...
Bushveld Minerals moves closer to SMC acquisition as it supports BEE deal
Aim-listed Bushveld Minerals has signed a a deed of settlement and undertaking (DSU) with Gingko Trading and Oakleaf Investments Holdings 115. Under the DSU, Bushveld will settle all demonstrable...
Firestone narrows H1 loss, says Liqhobong on track for commercial production in June
Aim-listed Firestone Diamonds, which on Tuesday posted a $4.1-million loss before tax for the six months to December 31, expects its Liqhobong diamond mine, in Lesotho, to reach commercial...
Revised mine plan, updated reserves extend life of Shanta’s New Luika mine
Aim-listed Shanta Gold has announced a revised mine plan for its New Luika gold mine, in Tanzania, for January 2017 to December 2023, as well as an updated reserve plan for the mine. The revised...
Siemens on schedule to complete PRASA’s Gauteng signalling project in early 2020
International engineering company Siemens is on track and aims to complete its project scope for the Passenger Rail Agency of South Africa’s (PRASA’s) rail signalling system project in early 2020....
Logistics firm records 50% growth, driven by SA, South American mining sectors
Logistics provider Dachser South Africa (SA) has, over the past three years seen a 50% increase in growth driven by the South African mining industry, as well as by growth in the South American...
Regional demand grows for safety science company’s services
Global independent safety science company UL says demand for its services in Southern Africa has increased by more than 25% year-on-year since the company established a local footprint in 2015. The...
New Hermanus Medical Village to open in January
The increasing population of Hermanus and the surrounding Overberg area, as well as high demand for quality medical facilities, has prompted Cape Town-based commercial and industrial property...
New approach to deliver safe, efficient blasting and cost savings – AEL
South African explosives manufacturer and distributor AEL Mining Services has launched IntelliBlast, a holistic and flexible approach to help clients on their unique journey to optimal blast...
Metso raising awareness about advantages of its offerings
By focusing on reducing costs and downtime for the mining industry, mining and industrial solutions provider Metso aims to raise awareness about the advantages of several of its offerings. This...
Caterpillar to invest $1bn in Africa over next five years
US mining equipment manufacturer Caterpillar, its independent dealers and the Caterpillar Foundation are to invest $1-billion in business, education and training across Africa over the next five...
South African renewables IPP in financing deal with Japan’s Inabata
Renewable energy independent power producer and energy consulting group Next Renewable Generation (NrG) has concluded a significant investment deal with large Japanese trading company Inabata to...
As remanufacturing trend emerges worldwide, SA auto parts makers improve their capabilities
With remanufacturing gaining traction worldwide, local companies in the automotive sector are improving their capabilities in this discipline, says auto-electrical and battery distribution company...
US miner using nanotechnology to recover gold
US-based start-up gold producer New Gold Recovery (NGR) has started gold production at its Black Rock Canyon mine, in Nevada, in the US, using a proprietary gold recovery process applying...
Voltage optimisation solution punted as way to cut energy costs
A deal by South African energy efficiency specialists Rhino Lighting and Powerstar South Africa (SA) has signalled the nationwide roll-out of a globally patented Powerstar range of voltage...
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