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IATA gives major inclusion award to Zambian woman for helping get women into aviation
Published: 04 Jun 24
The International Air Transport Association (IATA), which is the global representative body for the airline industry, has announced at its annual general meeting, in Dubai, that Zambia’s Mafunase Ngosa Malenga was the winner of its 2024 High Flyer Award, one of the three IATA Diversity & Inclusion Awards. She was the founder and MD of the Southern Africa Institute of Aviation Science and Technology. The IATA citation pointed out that the institute now had more than 800 graduates, and that 80% of them were women. “This remarkable achievement reflects her unwavering commitment to providing opportunities for women in aviation,” highlighted the citation. “Many of these graduates are now employed in various roles within airlines, airports, cargo companies, and travel agencies, contributing to the growth and diversity of the industry across the continent.”
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Rio Tinto celebrates 70th anniversary of BC Works
Published: 04 Jun 24
Diversified mining company Rio Tinto has marked the 70th anniversary of its BC Works operation, celebrating seven decades of significant contributions to the aluminium industry and the Kitimat community.
As the sole aluminium smelter operator in British Columbia, Rio Tinto has cemented its position as a cornerstone of the local economy and a leader in producing responsible high-quality aluminium.
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Rio Tinto invests $143m in low-carbon ironmaking R&D facility
Published: 04 Jun 24
Mining giant Rio Tinto has announced a $143-million investment to establish a research and development (R&D) facility in Western Australia to test the effectiveness of its low-carbon ironmaking process, BioIron.
The development of the new BioIron R&D facility, located in the Rockingham Strategic Industrial Area outside Perth, follows successful trials of the ironmaking process at a small-scale pilot plant in Germany.
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GTI Energy recruits ex-Cameco Australia head
Published: 04 Jun 24
Uranium company GTI Energy on Tuesday announced board changes with chairperson Nathan Lude stepping down and Simon Williamson joining as a nonexecutive director.
Williamson was the general manager and a director of Cameco Australia until December last year. Prior to his 13 years at Cameco, he held roles in the minerals industry in Australia and the US.
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Decentral completes installation of gas-powered minigrid for manufacturer in Pretoria
Published: 04 Jun 24
Distributed energy solutions company Decentral Energy has installed a 1.3 MW stationary gas engine and diesel generator at a fast-moving consumer goods manufacturer’s premises, in Rosslyn, Pretoria.
The solution enables the factory to expand and reduce its carbon footprint, while allowing independence from the national grid.
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Persistently poor GDP growth most significant feature of South Africa’s economic performance
Published: 04 Jun 24
South Africa’s continued disappointing economic growth remains the most significant feature of the country’s macroeconomic performance, North-West University Business School economist Professor Raymond Parsons has said following the release of the first-quarter GDP figures by Statistics South Africa on June 4. “The negative GDP figure of -0.1% quarter-on-quarter again reflects how difficult it has been for the economy to gain momentum in the recent past. Although GDP growth may yet reach about a modest 0.9% in 2024 as a whole, total GDP in the first quarter is in fact lower than the peak reached in the third quarter of 2022,” he noted.
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Oriole reports improved definition of gold anomaly at Mbe in Cameroon
Published: 04 Jun 24
In an exploration update for its 80%-owned Mbe gold project in the Adamawa region of Cameroon, Aim-listed gold exploration company Oriole Resources said it had managed to significantly improve the definition of previous regional gold-in-soil anomalism at the MB01 prospect. The company has achieved this through infill soil sampling of 100 m at 25 m spacing, with results from 4 537 samples, including quality assurance and quality control (QAQC) samples, delivering up to 8 174 parts per billion (ppb) gold.
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Copper falls through $10 000 as exchange inventories keep rising
Published: 04 Jun 24
Copper fell below $10 000/t as a sharp rise in global inventories prompts traders to zero in on weak conditions in the spot market.
Stockpiles on the Shanghai Futures Exchange have climbed to the highest since 2020, and there have also been a steady stream of smaller inflows into Asian depots tracked by the London Metal Exchange over the past few weeks. Inventories typically decline at this time of year, and the jump has put pressure on prices after copper spiked to a record high above $11 100 last month.
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New-vehicle sales down 14.2% as consumers suffer from election jitters
Published: 04 Jun 24
April’s 2.2% bump in new-vehicle sales proved to be an anomaly as new-vehicle sales again returned to negative territory in May, with the market down 14.2%, to 37 105 units, compared with the same month last year. April’s positive blip followed eight months of market decline.
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NNR hosts new round of talks with public over Koeberg’s life extension
Published: 04 Jun 24
The National Nuclear Regulator (NNR) has started with another round of hearings on June 3, owing to concerns about the last consultation process having been insufficient. The regulator conceded that the public required more information, but only after civil society organisations such as Southern African Faith Communities’ Environment Institute (Safcei) voiced its dissatisfaction with the overall governance and public participation process for the Koeberg long-term operation (LTO), or lifetime extension.
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