Category | Market News

DST announces R26m plan to boost local foundries

Posted on 10 March 2010

The Minister of Science and Technology, Mrs Naledi Pandor, has launched a R26 million programme to boost the technology base in 28 companies that manufacture castings in South Africa.
Launched at the Council for Scientific and Industrial Research in Pretoria on 1 March 2010, the Technology Localisation Programme of the Department of Science and Technology (DST) [...]

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Eskom price hike impact on industry overstated

Posted on 01 March 2010

In a joint editorial comment, ManufacturingHub.co.za and Ferronews.com argue that the recent power hikes will, contrary to popular belief be a catalyst for industrial growth and innovation in the country.
Much has been made about the impact of the recent multi-year tariff hikes which the National Energy Regulator of South Africa (Nersa) has granted to power [...]

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Ferronews.com Travel Finder

Posted on 21 February 2010

Ferronews.com is a proud supporter of South African business. With the Fifa 2010 World Cup around the corner we have installed a Travel Finder for business professionals in the industrial, mining and metals industry to source:

Business accommodation
Car hire
Holiday Destinations across South Africa

Europcar. Book your car online now! Click Here
Compare, Book Cars Online – CarHireCompare.co.za Click [...]

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Minerals Minister’s speech a “breath of fresh air”

Posted on 02 February 2010

According to one of South Africa’s leading corporate law firms, today’s speech by Minerals Minister Susan Shabangu was a breath of fresh air that was marked by a promise to halve the time taken to process applications for prospecting and mining rights in South Africa and a firm stance on nationalisation.
Peter Leon, head of natural [...]

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Coal sector to benefit from SA electricity crisis

Posted on 01 February 2010

The electricity crisis in South Africa has not only highlighted the importance of growing the country’s power generation capacity but also its ability to supply coal feedstock to power plants. Around 85 percent of electricity generated in South Africa is produced from coal fired stations, and this dependence is likely to continue for the foreseeable [...]

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Expect Higher Commodity Prices in 2010: Frost & Sullivan

Posted on 18 January 2010

Although the speed and extent of the global economic recovery remain uncertain, commodity prices are likely to put up a strong performance in 2010. This will boost the worldwide mining industry, although challenges particular to South Africa may dampen local prospects.
“The global mining industry is likely to be buoyed by growing physical demand for commodities, [...]

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Swift connectivity for isolated mines

Posted on 18 January 2010

Mines in remote locations are usually cut off from infrastructure and services, making mission-critical communications extremely challenging. Even if mobile services are available, the ability to send data is often limited, which means email and internet access is slow and unreliable, potentially delaying project timelines.
MAXI-SAT, a joint venture between Maxwell and Barnstone, is an [...]

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Investment Case for South Africa’s Platinum Sector Remains Compelling

Posted on 16 September 2009

With over 1 billion ounces in reserves, South Africa’s platinum mining industry has probably the strongest outlook of any mining sector in the country. Despite the sharp decline in platinum prices since September 2008, the demand for platinum is rising in a range of industrial applications, meaning that global demand will continue to outstrip supply.
New [...]

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R15m from Innovation Fund for metals industry ideas

Posted on 12 September 2009

The Innovation Fund, through its Technology Advancement Programme (TAP), invites all South Africans (inventors, techno-entrepreneurs, engineers and researchers), who are engaged in the research and development of novel and inventive technologies, to submit their proposals.
The investment sought must be for research and development, resulting in a working prototype or similar, which is ready for commercialisation. [...]

NOSA regional winners head for NOSHCON 2009

Posted on 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 [...]

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