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Market News

Creating a force for the future of resources and energy

Following the announcement in October 2018 of WorleyParsons’ binding offer for Jacobs’ Energy, Chemicals and Resources (ECR) line of business, the combined new entity has come together under a new brand – Worley – as of 29 April 2019.

While financially an acquisition, operationally the transaction is a combination of two highly complementary organisations that creates a pre-eminent global provider of professional project and asset services in energy, chemicals and resources, offering global sector leadership across hydrocarbons, chemicals, and minerals and metals.

Call for Nominations - 2019 South African Women in Science Awards

Making the Fourth Industrial Revolution work for Women

The Department of Science and Technology (DST) calls for nominations for the 2019 South African Women in Science Awards (SAWiSA). The awards recognise and reward excellence by women scientists and researchers, and profile them as role models for younger women. The awards will be made to women who are South African citizens or permanent residents.

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Other mining news

Mining Weekly | Africa

The latest mining world news and project information from Africa.
  • Congo State miner's high-flying chief has his wings clipped
    The head of the Democratic Republic of Congo’s State mining company will no longer exercise control over the business, despite being reappointed to the post, the president’s spokesperson has said. Albert Yuma, who was named president of Gecamines’s board in 2010, retained the position in a May 29 order signed by President Felix Tshisekedi. Nongovernmental groups have criticised the lack of transparency at Gecamines and Yuma of overseeing corruption – allegations he rejects. Yuma is a close ally of former President Joseph Kabila, whom Tshisekedi succeeded after elections in December.
  • Studies reveal numerous product opportunities for Giyani’s Botswana projects
    Metallurgical testing results of stockpile material from TSX-listed Giyani Metals’ K.Hill and Otse manganese deposits, in Botswana, indicate that a variety of lumpy and fine particle manganese products are possible, the company said on Friday. As an example, Giyani noted that a 36% manganese lumpy product could be produced from the K.Hill stockpiles with a dense media separation yield of 39% using standard crushing, screening and densimetric separation.
  • BlueRock sells 24.98 ct diamond for $190 000
    Aim-listed BlueRock Diamonds, the owner and operator of the Kareevlei diamond mine, in Kimberley, has sold a 24.98 ct diamond recovered earlier this month for $190 000. Executive chairperson Mike Houston on Friday commented that the company was delighted with the sale of its largest diamond to date, adding that its recovery and sale demonstrated the potential of Kareevlei.