Magazine round up | 19 May 2023
A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.
Source: engineeringnews.co.za
Page 23 - Mining Weekly News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Mining Weekly. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Mining Weekly Today - Breaking & Trending Today
Kuopio mill expansion, Finland
Mondi plans to increase semichemical fluting capacity at its Kuopio mill by about 55 000 t.
Source: engineeringnews.co.za
Stage 8 loadshedding a strong possibility
Engineering News editor Terence Creamer discusses Eskom's latest State of the System update, with warnings that the country is likely to dip into Stage 8 loadshedding this winter; the actions Eskom could take to try to navigate the high-demand winter months; and whether there is a risk of a total grid collapse.
Source: engineeringnews.co.za
Fortescue redeems A$750m notes
Iron-ore major Fortescue on Thursday announced the redemption of its outstanding $750-million 5.125% senior unsecured notes due May 2024. The redemption will be completed on June 1, 2023, with the notes to be redeemed using cash on hand, further strengthening Fortescue’s capital structure.
Source: miningweekly.com
Implats raises stake in RBPlat to 45.82%
Platinum group metals (PGMs) miner Impala Platinum (Implats) has concluded agreements to acquire a further 190 000 shares in takeover target Royal Bafokeng Platinum (RBPlat). This will increase Implats' stake in RBPlat to 45.82%.
Source: miningweekly.com