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/ 5 November 2007

German firm pledges R1,7bn SA investment

A German manufacturing company has invested about R284-million in South Africa’s first fabrication yard for oil and gas platforms as part of a R1,7-billion investment pledge, government news agency BuaNews reported on Monday. MAN Ferrostaal has opened the fabrication yard for oil and gas platforms at Saldanha Bay near Cape Town.

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/ 19 October 2007

Fund established to finance women in mining

The Department of Minerals and Energy has launched a funding initiative to make it easier for women to access finance for mining pre-feasibility studies. State news agency BuaNews reported on Friday that access to finance for pre-feasibility studies was still the greatest challenge facing women in the mining industry.