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Mining, Engineering, Industry, Factory production

OPEC finds oil output consensus: “Don’t rock the boat”

3 Jun 2015 /  Reuters  
"Nobody wants to rock the boat. The meeting is expected to be smooth sailing," the source said.

Lonmin’s value near an all-time low

3 Jun 2015 /  Andre Janse van Vuuren, Bloomberg   2
Glencore set to divest its holding.

Japan to step up funding for Africa mining projects

1 Jun 2015 /  Reuters  
Aims to step up financial support to promote investment by Japanese firms in African mines.

New vehicle sales down in May

1 Jun 2015 /  Stella Mapenzauswa, Reuters  
But exports jumped.

Suspended Eskom exec steps down

1 Jun 2015 /  Paul Burkhardt, Bloomberg   1
Amid probe into business.

Metals and Engineering Indaba: The good

1 Jun 2015 /  Sungula Nkabinde  
Some positive takeaways from the sector's inaugural conference.

Metals and Engineering Indaba: The bad and the ugly

31 May 2015 /  Sungula Nkabinde  
Cynics will be unconvinced after attending the inaugural sector conference.

Petrol pump price to rise

29 May 2015 /  Stella Mapenzauswa, Reuters  
As of June 3.

Harmony in talks with unions to slash over 3 000 jobs – NUM

29 May 2015 /  Ed Stoddard, Reuters  
NUM says Doornkop to be put on 'care and maintenance'.

R1.5bn payout planned for miners with lung diseases

UPDATE
29 May 2015 /  Kevin Crowley, Bloomberg  
Compensation will apply to sufferers of tuberculosis, silicosis, and other illnesses.

Anglo American: Someone’s going to get hurt

29 May 2015 /  Warren Dick  
Its determination to pay dividends in an increasingly challenging environment will hurt either equity investors or debt holders.

Discovery wants you to know which hospitals are best

28 May 2015 /  Hanna Barry   1
Moves to publish patient perception surveys.

Could SA’s gold mining industry be gone by 2020?

27 May 2015 /  Patrick Cairns  
Peter Major on how management has lost control of their mines.

Insufficient coal lined up for power demands beyond 2016

UPDATE
27 May 2015 /  Andre Janse van Vuuren, Bloomberg  
Mpumalanga coal requires investment; Eskom's in discussion with relevant parties - Brown.

Chevron says SA needs fair clean-fuel cost recovery

27 May 2015 /  Paul Vecchiatto, Bloomberg  
Upgrading Chevron’s Cape Town facility to meet clean-fuel standards will cost as much as $1bn.

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