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cidb CEO Bongani Dladla cidb introduces three new categories in awards for women in construction
Published: 31 May 24
The Construction Industry Development Board (cidb) has introduced three new categories in the 2024 Empowerment and Recognition of Women in Construction (Erwic) Awards. Entries for the awards opened on May 30 and will close on June 28.
Indonesia to issue copper export permits for Freeport, Amman
Published: 31 May 24
ndonesia will issue copper concentrate export permits for miner Freeport Indonesia and Amman Mineral Internasional, a trade ministry official said on Friday, ensuring that exports by both companies would not be disrupted. Freeport's and Amman's current export permits expire on Friday.
Champion Iron reports higher profit Champion Iron reports higher profit
Published: 31 May 24
Quebec iron-ore miner Champion Iron has reported a robust revenue and net income performance for the year ended March 31, 2024. Despite facing challenges due to lower selling prices and logistical issues, the company achieved significant financial growth. The ASX- and TSX-listed company announced a 9% increase in revenue, reaching C$1.5-billion in the 12 months through to March. Net income grew by 17% to C200-million.
Inside the IEC's election ROC Hope and angst grip South African markets as coalition era dawns
Published: 31 May 24
Election results from South Africa have left investors swinging between anxiety over the different permuations that coalition may take and lingering hopes that whatever it is will result in a market-friendly government. Before the vote, investors were bullish, confident the ruling African National Congress would secure enough votes for a coalition with a smaller party. That drove gains in the rand and the nation’s other assets.
Wind, solar and battery DMRE again delays bidding deadlines for procurement of new renewables and battery storage
Published: 31 May 24
The Department of Mineral Resources and Energy (DMRE) has confirmed another extension to the bid submission deadlines for the current renewables procurement round, as well as the second battery storage bidding round. The deadline for Bid Window Seven (BW7) of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) which had already been moved from April 30 to May 30, has been extended to August 15.
Probe raises C$15m for exploration
Published: 31 May 24
Exploration and development company Probe Gold has announced a C$15-million bought-deal private placement to fund exploration and development at Canadian projects. The Toronto-listed firm will offer 2.07-million non-flow-through shares at C$1.21 each for C$2.5-million and 6.31-million shares at C$1.98 a share for C$12.5-million.
How it’s made: A new Ford Ranger every two minutes How it’s made: A new Ford Ranger every two minutes Has Video
Published: 31 May 24
Ford’s Silverton manufacturing plant, in Pretoria, is one of five global manufacturing hubs for the Ranger bakkie. The plant is able to produce up to 200 000 vehicles a year and, based on three-shift 24-hour production, it is capable of producing up to 720 vehicles a day – or one vehicle every two minutes.
Electricity, logistics reforms in the spotlight as coalition govt looms Electricity, logistics reforms in the spotlight as coalition govt looms Has Video
Published: 31 May 24
Engineering News editor Terence Creamer discusses the coalition scenarios facing South Africa as the election results are being tallied and what this could mean for the reforms under way in electricity and freight logistics.
Students should use AI to interrogate knowledge, not just answer questions, IT experts advise Students should use AI to interrogate knowledge, not just answer questions, IT experts advise Has Video
Published: 31 May 24
AI-based systems can provide personalised learning experiences, as well as identify students' strengths and weaknesses and adjust teaching to better facilitate and accelerate learning, IT industry experts said during a discussion on AI in education hosted by Regenesys Business School, in Sandton, on May 28. They stressed, however, that using AI-based systems, such as generative AI (genAI), to only generate answers without a student applying critical thinking and reasoning does not help to develop skills and is merely skimming the surface.
Queensland Premier Steven Miles Queensland outlaws carbon storage in Australia's biggest aquifer
Published: 31 May 24
Australia's Queensland state will ban carbon capture and storage in a giant aquifer that spans much of its territory, the state government said on Friday, after an outcry from farmers who said such projects could poison their water supply. The decision closes one route to decarbonisation in Queensland, which aims to reduce its greenhouse gas emissions by 75% from 2005 levels by 2035 and achieve net zero by 2050.
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