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China’s scrap regulations important factor  in copper market China’s scrap regulations important factor in copper market
Published: 19 Apr 19
New legislation and regulations by the Chinese government for the import of scrap materials could be a significant factor in the copper market this year, suggests international metals and minerals consultancy Roskill associate consultant Jonathan Barnes. China announced plans in April last year to restrict imports of eight scrap categories, including metals such as copper and steel, which will start from July 1 this year. These plans also include a ban on Category 7 scrap imports, which pertain to insulated wiring cable and broken electric motors.
Zinc inventories continue to fall Zinc inventories continue to fall
Published: 19 Apr 19
The poor performance of Chinese smelters and the closure of major zinc mines in the past two years have led to global and refined zinc inventories continuing to fall, says international commodities consultancy Core Consultants MD Lara Smith. “Many smelters last year chose not to buy expensive concentrate, but instead to cut down on consumption rates and production. This was further exacerbated by environmental regulations in China, which resulted in smelter utilisation rates falling to its lowest level in five years.”
Canadian miner finds  new high-grade zinc  and gold deposit Canadian miner finds new high-grade zinc and gold deposit
Published: 19 Apr 19
Canadian mining company Hudbay Minerals has announced the discovery of 35.6 m of high-grade mineralisation including both zinc-rich massive sulphides and gold. The deposit is located between the old Chisel North mine and the producing Lalor mine in Manitoba, Canada, at a down hole depth between 540.7 m and 576.3 m. The property is wholly owned by Hudbay and is free of any hindrances.
Nickel pig iron market  contributes to Indonesian nickel mining growth Nickel pig iron market contributes to Indonesian nickel mining growth
Published: 19 Apr 19
The growth of the nickel pig iron (NPI) market in Indonesia has led to the rapid increase of nickel mining operations in the country, says international metals and minerals consultancy Roskill senior analyst Olivier Masson. Nickel pig iron, a low-grade ferronickel, was created in China as a cheaper alternative to high-grade nickel that is used for stainless steel production.
South Africa could face copper shortage in next five years South Africa could face copper shortage in next five years
Published: 19 Apr 19
Owing to a lack of significant new copper mining projects, constant illegal exports of copper scrap and import reductions from key copper producing economies, South Africa could struggle to meet local demand for copper in the next five years, says regional copper commodity body Copper Development Association Africa executive chairperson Evert Swanepoel. Local copper production is currently insufficient to meet the country’s production requirements, he adds.
Africa’s air cargo sector needs trade and aviation liberalisation to reach full potential Africa’s air cargo sector needs trade and aviation liberalisation to reach full potential
Published: 19 Apr 19
In early February, the International Air Transport Association (IATA) released its global air freight data for the whole of 2018. Although worldwide demand, measured in freight (metric) ton kilometres (FTKs) rose by 3.5% in comparison to 2017, it was far below 2017’s 9.7% growth. And demand softened towards the end of the year, as global trade weakened, consumer confidence declined, trade tensions continued and some governments continued with protectionist measures.
Brics offers ‘massive’ opportunities for intrabloc trade
Published: 19 Apr 19
Gauteng Provincial Premier David Makhura has hailed the Brazil, Russia, India, China, South Africa (Brics) alignment as a force that could promote global inclusive economic growth and help develop Africa. He was delivering the keynote address at the recent Brics Business Council mid-term meeting in Johannesburg. "Brics is about the future of the global economy," he affirmed. This included reshaping the global economy.
Technology disruption becoming the business of technology
Published: 19 Apr 19
The continuing disruption of businesses caused by technological developments is evolving into the “business of technology”, or how business and technology leaders are harnessing the forces of change sweeping through industries and economies to improve their operations, says the tenth yearly ‘Deloitte Tech Trends’ report, released last month. Disruption of the business and consumer world is set to continue with a new set of technologies, but the question is how technology and business leaders can harness these forces to deliver value in response to disruptive technologies as part of a “controlled collision” that leads them to further digital frontiers, says Deloitte Europe, Middle East and Africa technology research and insights leader Hans van Grieken.
Digital initiatives could unlock trillions in value for SA,  research shows Digital initiatives could unlock trillions in value for SA, research shows
Published: 19 Apr 19
South Africa can unlock financial value and create meaningful outcomes for citizens in their daily lives by implementing key digital initiatives across government services and key industry sectors, professional services multinational Accenture says. Research indicated that the value that can be added to society through such digital initiatives would be about R2-trillion and the value-add to industry could be about R3.6-trillion, and could be unlocked by 2026, says Accenture Africa CEO Vukani Mngxati.
Nokia secures thirtieth commercial 5G deal
Published: 19 Apr 19
The March addition of a commercial contract with Austria's A1 has marked Nokia’s thirtieth fifth-generation (5G) deal spanning the full end-to-end spectrum of 5G technologies across major global regions. The 30 commercial deals – including 16 with publicly named service provider customers – offer an insight into the progress of 5G roll-outs globally and illustrate the value that network operators see in the technology.
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