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Endeavour accused of misleading buyer of two African gold mines
Published: 16 Apr 24
Endeavour Mining has been accused by Lilium Mining of misrepresentation over the sale of two African gold mines, as the fallout from the tenure of ousted CEO Sebastien de Montessus continues. Lilium made the allegations after purchasing the Wahgnion and Boungou projects in Burkina Faso last June. It’s part of a counterclaim that alleges “misrepresentation and concealment of information relevant to the financial position and operating capabilities” of those mines, according to a statement from Lilium on Monday.
Hummingbird continues discussions with Corica, progresses with mining activities at Kouroussa
Published: 16 Apr 24
Amid ongoing discussions with mining services provider Corica, Aim-listed Hummingbird Resources says it is progressing with the restart and ramp-up of mining activities at the Kouroussa gold mine, in Guinea, with the goal of achieving commercial production as soon as possible. The company says it has continued to engage with Corica, seeking resolution to disputes between the companies that led to Corica halting work at Kouroussa last month.
Saldanha IOT Saldanha iron-ore terminal shut down for maintenance until Friday
Published: 16 Apr 24
State-owned Transnet Port Terminals’ (TPT’s) Saldanha Iron Ore Terminal has embarked on a five-day shutdown for the maintenance and servicing of equipment on two tipplers, starting on April 15. The tipplers, which are critical machines in the terminal’s operations, facilitate the offloading of iron-ore from train wagons onto conveyor belts before it is loaded into vessels scheduled for export.
Cape Town technology enterprise incubator celebrates birthday with launch of new products
Published: 16 Apr 24
Cape Town-based ‘techpreneur’ incubation hub The Creative Lab has announced that it would mark its first anniversary with the launch of a diverse array of cutting-edge products, developed by a number of South African innovators, using the hub’s facilities. The Creative Lab is an initiative of EvansWerks. “Opening The Creative Lab was a leap of faith for my family,” highlighted EvansWerks CEO and founder Justin Eugene Evans. “Today, we’re witnessing the dividends of that investment, proving the abundance of tech talent in South Africa. They simply lacked a facility designed to bring their ideas to life.”
Man using VR headset University of Pretoria inaugurates new immersive technology lab
Published: 16 Apr 24
The University of Pretoria’s Faculty of Engineering, Built Environment and Information Technology has launched a new immersive technology lab at the Department of Information Science as a way of further integrating advanced immersive technologies into its curriculum and research initiatives. The immersive technology lab has its roots in the early integration of virtual reality (VR) technology within the department, dating back to 2013. The acquisition of early VR headsets allowed honours students to immerse themselves in the forefront of technological innovation.
UNTD secretary-general Rebeca Grynspa UNTD calls for more fiscal flexibility to help developing countries reach SDGs
Published: 16 Apr 24
While the global economic slowdown in 2023 was less severe than expected, intergovernmental organisation United Nations Trade and Development (UNTD) has warned that a further deceleration in global economic growth can be expected this year. UNTD secretary-general Rebeca Grynspan has called for concerted multilateral action and a balanced policy mix to safeguard the global economy amid shifting trade patterns, soaring debt and mounting costs of climate change, particularly in developing countries.
A person using candles during power cuts Stage 16 loadshedding code seeks to reduce human error not signal imminent surge in cuts – Nersa Has Video
Published: 16 Apr 24
The National Energy Regulator of South Africa (Nersa) has belatedly moved to quell concern that its recent approval of a new loadshedding code of practice, which increases the number of potential stages from eight to 16, represented a signal that the prospect for higher levels of loadshedding was imminent. Following extensive public consultations undertaken by the National Rationalised Specifications (NRS) Association of South Africa, the third edition of the NRS048-9 standard was approved by the regulator for use by Eskom and municipal system operators during times of electricity constraint.
Calgro M3 boosts stability with Rustenburg Memorial Parks expansion
Published: 16 Apr 24
JSE-listed Calgro M3 Holdings – an entity specialising in integrated residential developments and memorial parks – is expanding its Memorial Parks division with the acquisition of a new park in Rustenburg, in the North West. The park has burial rights in place and is the sixth memorial park to be owned and managed by the company, aligning with its strategy to make dignified burial facilities accessible nationwide.
Airbus satellite Digital Earth Africa breaks barriers to participation in space economy
Published: 16 Apr 24
The Research Institute for Innovation and Sustainability (RIIS) has been appointed as the interim host for the pan-African Digital Earth Africa Programme Management Office. Digital Earth Africa is used extensively by stakeholders throughout Africa as a free platform providing satellite imagery and products specific to the African continent. It is the world’s largest operator of open data cube (ODC) infrastructure.
Image of Cyril Ramaphosa PSA advises Ramaphosa to delay signing NHI Bill into law
Published: 16 Apr 24
Given the uncertainty surrounding the political landscape after the May elections, the Public Servants Association (PSA) has advised President Cyril Ramaphosa to delay the signing of the National Health Insurance (NHI) Bill. The NHI Bill was passed by the National Council of Provinces in late 2023, and sent to Ramaphosa to be signed into law.
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