Search Results for: South Africa

BY PHILIP FINE

WITH organic food consumption rising in the US, some companies are taking more risks and expanding their operations. Organic producer, Dakota Beef Company, LLC has announced the acquisition of a 20,000 square-foot plant that will be retrofitted to an organic operation, the company’s first of three planned processing facilities in South Dakota.…

BY MARK ROWE
PEPSICO, which is marking 50 years of operations in the Middle East, finds itself at something of a crossroads. An all-American company, in a region where anti-Americanism has rarely been so widespread, it faces several challenges to ensure that it will continue to operate successfully in the Middle East for a further half a century.…

BY KEITH NUTHALL
THE ARENA of occupational health concerns is constantly expanding beyond the immediate workplace and one area of particular interest that is currently under wide discussion at the European Union is road safety. Proposals are being debated that will not only affect the technical design of vehicles, but also on road safety checks by public authorities and compensation available from insurance payouts.…

BY KEITH NUTHALL
THE UNITED States government has thrown doubt on whether the China has scrapped ‘temporary’ safeguard duties that were imposed by Beijing last May on nine steel products imported from the US, tariffs that were supposed to lapse by November 2002.…

BY RICHARD HURST
SOUTH African mining company AngloGold has stated that if it wins the bidding war for Ashanti Goldfields in Ghana it would immediately invest US$190 million to fund the capital requirements of the mine in the Obuasi region. Jonathan Best, AngloGold chief financial officer, highlighted the difference between AngloGold’s recapitalisation plans with that of London Stock Exchange listed Randgold of US$170 million over the next 30 years, (included in a total package of US$1 billion over 51 years).…

BY RICHARD HURST
THE US$5 million second phase of the Dikulushi copper-silver mine, in south-eastern Democratic Republic of Congo (DRC) is to start soon, by the second week in November, according to Bill Turner, managing director of Australia’s Anvil Mining. He said that the new phase would extend the life span of the mine by another five years allowing the mine to produce 42 million pounds of copper and 1.8 million ounces of silver.…

BY SWINEETHA DIAS WICKRAMANAYAKE
A SRI Lanka university is talking to foreign mining investors after its geologists discovered a dense iron ore deposit in the south of the island country. Peradeniya University claims that the deposit, in Wellawaya district, has a purity exceeding 90 per cent and is estimated to be about 90 million tonnes in size.…

BY RICHARD HURST
ANGOLA’S state diamond company Endiama has claimed a victory over De Beers in arbitration regarding a row that forced the South African diamond mining company to suspend Angolan operations since May 2001. De Beers had wanted its US$31 million investment in Angola returned with interest.…

BY RICHARD HURST
SOUTH African company PetroWorld has agreed to develop a large-scale methanol plant for Qatar Petroleum, producing between 12,000 and 15,000 tonnes of fuel grade methanol per day, drawing natural gas from the emirate’s North Field.…

BY PHILIP FINE

AMERICAN organic producer, the Dakota Beef Company, claims that an expansion plan will make it the largest organic beef producer in the US. The company this month (Oct.14) announced the acquisition of a 20,000 square-foot plant, the company’s first of three planned processing facilities in South Dakota.…