Category archives for: Mining & Engineering

Angola LNG, Glencore sign sales agreement

GLENCORE

From NANDO AFONSO in Luanda, Angola LUANDA, (CAJ News) – Angola Liquefied Natural Gas (ALNG) Limited and Glencore Energy UK have executed a global multiyear LNG sales agreement. ALNG will deliver LNG cargoes to Glencore at destinations around the world. ALNG said following on from the other sales agreements recently announced by ALNG, this was […]

Australia’s Orion Minerals JSE listing confirmed

Newpark latest listing on JSE

By AKANI CHAUKE JOHANNESBURG, (CAJ News) – THE sound of the African kudu horn will echo as the Johannesburg Stock Exchange celebrates the listing of Orion Minerals on the main board on Monday. Orion Minerals is an Australian minerals exploration company focussing on zinc, copper, nickel, gold and platinum-group elements in South Africa and Australia. The company aims to deliver […]

Buyanga’s AMG targets a tonne in year of gold

gold

By AKANAI CHAUKE JOHANNESBURG, (CAJ News) – AFRICAN Medallion Group (AMG) is targeting a tonne of gold before the end of the year as the firm nears R100 million (US$7,7 million) in gold in the past 90 days. Founder of the company, Zimbabwean entrepreneur Frank Buyanga, said gold, as one of the oldest forms of […]

Motsepe’s ARC listing transforms financial services sector

Dr Patrice Motsepe, Chairman of African Rainbow Capital and
Ubuntu Botho Investments sounding the kudu horn.IMAGE PROVIDED

By MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – AFRICAN Rainbow Capital (ARC) Investments Limited has listed on the main board of the Johannesburg Stock Exchange. It is the 12th company to list on the JSE this year and brings the total amount of capital raised on the exchange to date in 2017 to just over R76 billion (about$6 billion). […]

Prioritise safety over bonuses, NUM warns miners

National Union of Mineworkers

By TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – SA National Union of Mineworkers (NUM) has discouraged miners from risking their lives in pursuit of production bonuses. The dissuasion comes in the wake of the death of five workers after they were trapped underground at Kusasalethu outside Carletonville, west of Johannesburg. “When the workplace becomes unsafe they (miners) should stop working […]

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