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GAC Motor joins inflow from China

Published: 19 Apr 24

China’s GAC Motor has appointed Salvador Caetano Auto as the distributor and retailer of GAC vehicles, spare parts and related services in South Africa (SA). GAC Motor is a subsidiary of the State-owned GAC Group, and was founded in 1997. The brand joins a rapidly growing number of Chinese vehicles on sale in South Africa.

Aktogay mine, Kazakhstan

Published: 19 Apr 24

A copper mine in the Abay region of Kazakhstan.

Aktogay mine, Kazakhstan

Published: 19 Apr 24

A copper mine in the Abay region of Kazakhstan.

South Africa to keep anti-dumping duties on chicken imports from US

Published: 18 Apr 24

South Africa’s trade minister approved a recommendation to maintain anti-dumping duties on frozen bone-in chicken portions originating in or imported from the US. Following an investigation that started in December 2022, the International Trade Administration Commission of South Africa, known as ITAC, concluded that the expiry of duties on these poultry portions would likely lead to the continuation or recurrence of dumping, and material injury to the chicken industry in the Southern African Customs Union, according to a Government Gazette Notice.

Rio, Saudi Arabia said to vie for stake in First Quantum mines

Published: 18 Apr 24

Rio Tinto Group and Saudi Arabia’s state-backed Manara Minerals Investment Co. are among suitors considering bids for a stake in First Quantum Minerals’ Zambian copper mines, according to people familiar with the matter. Japanese trading houses Mitsui & Co. and Sumitomo Corp. have also been studying the assets, the people said, asking not to be identified as the talks are private. First Quantum is looking to sell a minority stake in its Sentinel and Kansanshi mines in Zambia and is seeking first-round bids in the coming weeks, they said.

Norwegian airline to start low-cost London-Cape Town service in six months

Published: 18 Apr 24

Norwegian long-haul but low-cost carrier Norse Atlantic Airways announced on Thursday that it was going to launch flights between London, in the UK, and Cape Town, during the Northern autumn/Southern spring later this year. The new service will start on October 28. “We are thrilled to introduce our new route between London and Cape Town,” enthused Norse Atlantic founder and CEO Bjorn Tore Larsen. “By breaking the duopoly on this route, we are not only expanding travel options for consumers but also driving down costs and putting the customer back in the pilot’s seat. At Norse Atlantic Airways, we believe that everyone deserves the opportunity to experience the wonders of the world and our new route to Cape Town will allow many more people to visit this amazing destination.”

Sibanye's Siphumelele shaft on track for May restart; Marikana 4B shaft to be shut

Published: 18 Apr 24

Multinational mining and metals processing company Sibanye-Stillwater says the Siphumelele shaft at its Rustenburg operation is on schedule to resume production during May, as planned. A surface ore conveyor belt system at the shaft suffered damage in February when an ore collector bin attached to the shaft headgear sheared off and fell to the ground.

World Bank, AfDB seeks to provide more Africans with electricity by 2030

Published: 18 Apr 24

The World Bank Group and the African Development Bank (AfDB) Group are partnering to provide at least 300-million people in Africa with electricity access by 2030. The World Bank Group will work to connect 250-million people to electricity through distributed renewable energy systems or the distribution grid, while the AfDB will support electricity connections for a further 50-million people.

Tietto posts record quarterly output

Published: 18 Apr 24

Steadily improving milling rates enabled ASX-listed Tietto Minerals to reach record quarterly production of 37 111 oz of gold from its Abujar mine, in Côte d'Ivoire, for the quarter ended March 31. MD and CEO Matt Wilcox says production is expected to improve further in the second quarter as a result of measures being implemented to reduce mining dilution and increase mill head-grade with a specific focus on blasting techniques.

Cryogenics technology, expertise crucial in future gas economy

Published: 18 Apr 24

Cryogenics technology and expertise are becoming increasingly important as South Africa plans on leaning into using liquefied natural gas (LNG) as a major source of energy, Howden senior application engineer Pieter Swart said at mine ventilation solutions developer Howden’s Technology Day, hosted at Mintek, in Johannesburg on April 17. Cryogenics also played a crucial role in the handling of helium, which played a critical role in scientific research, medical technology, high-tech manufacturing, space exploration and national defence initiatives, he added.