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Samantha Herbst is a deputy editor for Creamer Media's online department.
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M&A opportunities still available in South Africa, despite economic challenges
Despite a decrease in appetite for emerging-market assets in recent months – owing to the current drought, commodity exposure and the global economy’s risk aversion – there remains a fair amount of...
Clarke Energy to supply GE gas engine tech to Tanzania plant
Securing its first project in Tanzania, privately owned gas-driven power plant specialist Clarke Energy has won a contract to supply one of GE’s high-efficiency Jenbacher gas engines to Bakhresa...
Nevsun, Reservoir merge to create new midtier base metals company
Dual-listed base metals miner Nevsun Resources has agreed to acquire TSX-listed Reservoir Minerals for about $365-million to create a new, diversified midtier base metals mining company.
African Potash inks participation agreement as Windmill deal falls through
Aim-listed exploration company African Potash announced on Friday that its fertiliser trade agreement with Southern Africa-based fertiliser producer Windmill has been terminated, owing to the...
SacOil JV awarded crude oil allocation by Nigerian oil corporation
JSE- and Aim-listed oil and gas company SacOil and Nigerian oil firm Energy Equity Resources (EER) have signed of a memorandum of understanding to explore oil and gas opportunities in Nigeria....
First phase of N8 highway rehab due for completion in June
The first of two contracts that will see the rehabilitation of the N8 highway between Bloemfontein and Thaba Nchu is due for completion in June, the South African National Roads Agency Limited...
Acacia Q1 results undercut by Tanzania tax crackdown
Despite London-listed Acacia Mining reporting a strong operational performance for the three months ended March 31, which includes the company’s best cost performance since 2010, the...
Denel to sign two landmark agreements with Malaysia counterparts
State-owned defence industrial group Denel will be signing two landmark agreements with counterparts in the Malaysian industry during this week’s Defence Asia Exhibition – DSA2016 – in Kuala...
Durban-based water conference to address shortage issues
With parts of KwaZulu-Natal suffering some of the worst effects of the severe drought plaguing the region, Durban will play host to this year’s Water Institute of Southern Africa Conference and...
Solidarity lists 'devastating consequences' of proposed new Mining Charter
The proposed new broad-based black economic-empowerment (BBBEE) Mining Charter could mean devastating consequences for the ailing mining industry, believes trade union Solidarity, which strongly...
AfriSam-Saia Award introduces two new categories
The programme for this year’s AfriSam-South African Institute of Architects (Saia) Award for Sustainable Architecture and Innovation will now include two new categories, namely Sustainable Products...
EY survey reveals 40% of S Africans would justify unethical behaviour to meet targets
Recognising the threat that bribery and corruption pose to a financial system already under stress, an overwhelming 86% of South African executives agree that the effective prosecution of...
Africa’s largest expanse of wind turbines en route to Loeriesfontein
The first of 1 098 wind turbine components are en route from the deepwater Port of Ngqura, 20 km north-east of Port Elizabeth, to Loeriesfontein, in the Northern Cape, which will soon become home...
Western Cape aims to leverage new economy, tourism in quest for jobs
Leveraging the Western Cape’s reputation as the “digital gateway to Africa” and a growing platform for new entrepreneurs, provincial Economic Opportunities Minister Alan Winde recently recommitted...
Banks obliged to ensure that clients abide by the law, says Basa
In an attempt to clarify ongoing speculation following Standard Bank and Nedbank’s move last week to sever ties with the Gupta-linked Oakbay Resources, the Banking Association of South Africa...
Trade conditions in negative territory for fifth consecutive month – Sacci
Current drought conditions, rising prices and the uncertain political situation in South Africa have contributed to shrinking trade margins and other seasonal factors impeding local business,...
No load-shedding on Tuesday despite several technical faults
Despite multiple unit trips at three power stations, which caused a combined loss of 3 535 MW, Eskom managed to avoid implementing load-shedding on Tuesday, which the State power utility attributed...
Lucapa recovers more large special, pink diamonds from Lulo
ASX-listed diamond miner Lucapa Diamond Company has recovered more special and fancy-coloured diamonds from its Angola-based Lulo diamond project in Angola, including a 59 ct Type I diamond and a...
Sea Harvest looks to acquire 59.6% of Perth’s Mareterram
Sea Harvest Holdings, a subsidiary of the JSE-listed Brimstone Investment Corporation, has entered into a bid implementation agreement with Perth-based agribusiness Mareterram, which could increase...
Sentula interim CEO assumes role permanently
JSE-listed mining services provider Sentula Mining announced on Friday that its interim CEO, Jacques Badenhorst, would now assume the position permanently, retroactive from March 1. Previously a...
Johannesburg Roads Agency appoints new MD
Following a rigorous selection process from a long list of candidates, the Johannesburg Roads Agency (JRA) has appointed civil engineer Dr Sean Phillips as its new MD. Phillips, who boasted a...
Sun City’s R1bn refurb project due for completion in 2017
JSE-listed resort hotel group Sun International’s best-known local resort, Sun City, in the North West, is currently undergoing a five-year, R1-billion upgrade that will hopefully restore the...
Miner dies at Lonmin's JV Pandora shaft following fall-of-ground accident
A rock-drill operator has died at Lonmin's EPL 3 Joint Venture (JV) Pandora shaft following a fall-of-ground accident on Wednesday, the platinum miner confirms. Goodman Mangisa was the only...
Northern Cape-based Sonnedix PV project nearing completion
The 86 MW Mulilo-Sonnedix-Prieska photovoltaic (PV) solar plant project, situated 50 km south-west of Prieska in the Northern Cape, is on schedule, within budget and nearing completion, according...
Responsible mining standards published ahead of global certification programme launch
The Initiative for Responsible Mining Assurance (IRMA) has published the second and revised draft of its Standard for Responsible Mining, which it released on Tuesday for public comment and a...
Eastplats in the clear as Ontario court dismisses class action lawsuit
The proposed securities class action lawsuit against JSE- and TSX-listed Eastern Platinum (Eastplats) has been dismissed by the Ontario Superior Court of Justice, the South Africa-focused platinum...
Pan African completes acquisition of Uitkomst colliery
Dual-listed precious metals mining group Pan African Resources has completed the acquisition of Uitkomst colliery from investment holdings company Oakleaf Investment Holdings and minerals company...
New Chevron refinery GM prioritises fuel security, skills development
Oil company Chevron South Africa has appointed Victor Bester as GM of its Cape Town Refinery, in Milnerton. Commenting on his appointment, Bester said that fuel security and skills development...
Oliphant warns agri employers against noncompliance with new minimum wage
Labour Minister Mildred Oliphant has cautioned against the “disingenuous practice” of farm and forest employers who are not complying with the recently upwardly adjusted minimum wages. Many...
South African Navy awards contract for new communications system
South African defence and security company Saab Grintek Defence (SGD), the local subsidiary of Swedish aerospace and defence group Saab, has been awarded a contract by Armscor’s Institute for...
South African, Italian research collaboration yields all-in-one laser breakthrough
A South African-Italian research team has conceptualised an all-in-one laser that produces several types of beams to serve a variety of industrial applications, including microscopy, imaging, laser...
First phase of N8 highway rehabilitation due for completion in June
The first of two contracts that will see the rehabilitation of the N8 highway between Bloemfontein and Thaba Nchu is due for completion in June, the South African National Roads Agency Limited...
CompComm raids particleboard manufacturers in collusion investigation
The Competition Commission on Thursday conducted a search and seizure operation at the Gauteng premises of particleboard and medium-density fibreboard manufacturers PG Bison and Sonae Novobord as...
WC to create 300 000 new jobs in the next five years
Leveraging the Western Cape’s reputation as the “digital gateway to Africa” and a growing platform for new entrepreneurs, provincial Economic Opportunities Minister Alan Winde on Wednesday...
Sun City’s R1bn refurb project due for completion in 2017
JSE-listed resort hotel group Sun International’s best-known local resort, Sun City, in the North West, is currently undergoing a five-year, R1-billion upgrade that will hopefully restore the...
Saab Grintek Defence to provide South African Navy with TactiCall system
South African defence and security company Saab Grintek Defence (SGD), the local subsidiary of Swedish aerospace and defence group Saab, has been awarded a contract by Armscor’s Institute for...
South African, Italian academics collaborate to produce all-in-one laser solution
A South African-Italian research team has conceptualised an all-in-one laser that produces several types of beams to serve a variety of industrial applications, including microscopy, imaging, laser...
Johannesburg Roads Agency appoints new MD
Following a rigorous selection process from a long list of candidates, the Johannesburg Roads Agency (JRA) has appointed civil engineer Dr Sean Phillips as its new MD. Phillips, who boasted a...
Commodities slump might give South Africa ‘breathing space’ to prepare for next uptick
It has been generally acknowledged among industry stakeholders that, compared with its global counterparts, Africa’s mining industry has significantly underperformed, despite market challenges...
Commodities slump might give South Africa 'breathing space' to prepare for next uptick
It has generally been acknowledged among industry insiders that, compared with its global counterparts, Africa’s mining industry has significantly underperformed in recent years, despite market...
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