18 January 2010
Petrochemical giant Sasol Limited has awarded university bursaries to 188 students this year, who completed a comprehensive orientation programme at the company’s Secunda operations last week.
During the orientation programme, students participated in life and study skills workshops, while also being exposed to the Sasol operations and the plant environment. Sasol Secunda is the world’s largest [...]
16 September 2009
The prevalence of HIV/Aids among workers poses a very significant threat to both company productivity and occupational health and safety. The disturbing effect that the HIV/Aids pandemic can have on an organisation’s workforce was made all too clear to delegates who attended this year’s NOSHCON Conference, Africa’s largest annual occupational risk [...]
04 August 2009
NOSA, a subsidiary of MICROmega Holdings and a leading supplier of occupational risk management services and products, recently held its Eastern Regional Awards banquet. Over 120 companies and 45 individuals were recognised during the event for their dedication to health and safety in the workplace.
Companies that are NOSA clients are rewarded based on the score [...]
24 May 2009
Rio Tinto has taken its borates business off the market after the sales process did not achieve values acceptable to the company in the prevailing economic conditions. The sales process is continuing for other businesses slated for divestment, including talc.
Rio Tinto believes the borates business is a good fit within its overall portfolio, based on [...]
22 May 2009
Leading industry exhibition Petro.t.ex together with the Corrosion Institute of Southern Africa (CorrISA) and NACE International are offering a one day workshop on industry standards and test methods for selecting and qualifying metallic materials for the use in sour service specifically refineries and oilfields.
An update on the current international standard ISO15156/NACE MR0175 (Sulphide stress cracking [...]
12 May 2009
The Industrial Development Corporation of South Africa Limited (IDC) has received a EUR 60 million credit line from the European Investment Bank (EIB) to finance private sector small and medium sized enterprises. The funds will support viable projects undertaken by small and medium enterprises businesses in the industrial, resources and services sectors.
The agreement was signed [...]
07 April 2009
Keaton Energy has announced that it has reached agreement on a transaction which, on conclusion, will add 2 844 hectares of prospecting rights to its 4 009-hectare Sterkfontein Project (“the acquisition”) – an increase of 71%.
Keaton Energy Managing Director Paul Miller said: “Importantly, the addition - referred to as the Sterkfontein Extension Prospecting Right – `fills [...]
07 April 2009
Rio Tinto Alcan today announced it will slow the construction of the Yarwun alumina refinery expansion in Gladstone and curtail annual bauxite production at its Weipa mine to 15 million tonnes (from 19.4 million tonnes in 2008) due to the sharp fall in alumina and aluminium demand and prices in recent months.
Announcing the decision, Rio [...]
07 April 2009
African Eagle Resources plc has signed a Letter of Intent for an option and joint venture with SAFINA a.s. of the Czech Republic and its subsidiary Tanzania Precious Metals Refinery Limited (TPMRL), over the Ngasamo licence, adjacent to the Dutwa nickel laterite project in Tanzania.
Under the agreement, African Eagle can earn an interest of up to [...]
28 March 2009
One of our many business assumptions that changed after September was that China would fuel a 20 year global commodity boom, paid for by their manufactured exports at unbeatable prices.
What should the strategy for 2009 and the medium term be for South African companies? Today’s economy doesn’t mean going into hibernation and letting your competitors [...]
25 March 2009
TEAL Exploration & Mining Incorporated (“TEAL”) is pleased to announce the completion of the previously announced plan of arrangement (the “Arrangement”) involving TEAL, African Rainbow Minerals Limited (“ARM”), Companhia Vale do Rio Doce (“Vale”) and two wholly-owned subsidiaries of ARM, 42685 Yukon Inc. and 42696 Yukon Inc.
Upon completion of the arrangement, the holders of all [...]
25 March 2009
Shareholders of Braemore Resources plc are advised that the Company expects its earnings and headline earnings per share for the six months ended 31 December 2008 to show a 0.56p loss as opposed to the 0.15p loss for the corresponding period to 31 December 2007.
The Company has made significant positive progress on its projects and [...]
17 March 2009
South African smelting and technology equipment specialists Metix is a rare beast, spending time actively seeking solutions that will enhance productivity and reduce downtime – usually long before clients have commissioned the upgrades.
Offering the full scope of EPCM services on smelter projects, detailed engineering of furnace-related infrastructure, in-house procurement, cost control systems, site construction, as [...]
07 March 2009
While this article doesn’t deal directly with ferrous metls directly, I thought the insight from an industry expert in terms of what is happening in the diamond and jewellery market makes for interesting reading in terms of spend in the mining sector in general.
Give us your thoughts on what Uwe is saying:
Grave prospects lie ahead [...]
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