With more than 40 years of ship repair experience, this SAOGA member is looking to expand into the oil and gas sector. General manager James Wrensch explains.

The next big expansion of Africa’s oil and gas production will be on the east, and South Africa is ideally placed to play a key role in its support and development.

For all South Africa’s undoubted bounties in terms of minable minerals, the same can’t be said for its oil & gas resources—at least not yet.

Treasury Metals has more going for it than most gold mining companies. CEO Martin Walter talks about the advantages of the Goliath project and the progress being made towards production.

In these tough economic times, it is hardly surprising that a great deal of attention is being focused on natural resources and any country lucky enough to have oil, coal or mineral reserves feels a lot more secure for that. Just how much can be derived from Canada is a matter for speculation, but there's huge interest in the known resources.

Abengoa has begun construction on two concentrating solar power (CSP) plants in South Africa.

The 50 MW solar power tower Khi Solar One and the 100 MW parabolic trough plant KaXu Solar One were two of the 28 renewable energy projects announced in late 2011 by the South Africa Department of Energy (DOE). The DOE intends to bring 17,800 MW of renewable energy online by 2030.

Air Products today announced the award of a contract to supply two oxygen plants at the site of a copper smelter being built in Zambia by Kansanshi Mining Plc. 

The scope of the agreement includes Air Products supply of two 750 metric ton per day oxygen plants, and all air separation unit (ASU) related equipment and design. The construction of the facility will be undertaken by Kansanshi Mining Plc, with cooperation from Air Products. The ASUs are planned to be on-stream in 2014.

Canuc Resources Corporation has announced that diamond drilling is scheduled to commence on its Mill Village gold property in Nova Scotia by mid-November.

A minimum of 1,000 metres will be drilled on two main target areas developed during the 2012 exploration season, the Hornet and 667 grids respectively.

During May 2012, 19.475 kilometers of induced polarization (I.P.) surveying was conducted over portions of both the Hornet and 667 grids defining 20 significant individual I.P. anomalies distributed along four linear trends.

The Seattle-based company reported net income at its shops that have been open at least a year coming in at $359 million in the three months to September. Overall revenue rose 11 percent to a record $3.36 billion, while same-store sales increased by six percent. The company responded to the results by stating that it was likely to make higher than expected profits in the year to come.