Search Results for "rail"
During its financial year to February 29, midtier mining and materials company Afrimat invested considerably in projects that are expected to yield fruitful returns and further strengthen diversity and competitive advantage, group CEO Andries van Heerden said. One such project was the Nkomati...
Mining production decreased by 5.8% year-on-year in March, Statistics South (Stats SA) reports. The largest negative contributors were coal (-9.1% and contributing -2.3 percentage points); manganese ore (-12.2% and contributing -1 percentage point); iron-ore (-6.8% and contributing -0.9 of a...
Green electrons and green molecules are presenting South Africa with a massive opportunity to reindustrialise, Nedbank CIB head of infrastructure, energy and telecommunications Mike Peo told the Green Hydrogen Roundtable on Monday. “We have an opportunity for South Africa to completely...
Rio Tinto said on Monday an autonomous train had derailed at its Western Australian iron-ore operations overnight and that it was investigating the incident in which no one was hurt. The incident occurred when an autonomous train collided with a set of stationary wagons loaded with iron-ore...
Martin Creamer talks about wind energy, a new copper mine and mineral exploration.
Zimbabwe is undergoing change and aims to attract more companies to do business in the country, but risks and challenges remain for businesses aiming to capitalise on the opportunities in the country. These were some of the views raised by Zimbabwean and international representatives during an...
Hong Kong Ruihua Investment Management is to invest $10-million in Theta Gold Mines through a share subscription agreement.
South Africa’s biggest labour union federation urged local shareholders, including the powerful Public Investment Corporation (PIC), to oppose BHP Group’s bid to buy Anglo American. The Congress of South African Trade Unions (Cosatu), which includes the National Union of Mineworkers (NUM) among...
Australian junior Arrow Minerals as hit the ground running at its Simandou North deposit, in Guinea, uncovering high-grade mineralisation in the area during the initial stages of drilling. The first five holes, totalling 328 m of drilling, have yielded strong results, with assays including...
A rock drill operator has died following a fall-of-ground incident at Harmony Gold Mining Company's Doornkop mine, in Gauteng, on May 2. “We are deeply saddened by this loss of one of our colleagues. At Harmony, safety is our foremost priority. A safe mine is a productive one – never the other...
State-owned Transnet Freight Rail (TFR) has embarked on a ramp up of GF-class coal trains from 21 a week to 28 a week, supported by an injection of locomotives. This is part of Transnet’s recovery plan initiatives, and a commitment made to the City of uMhlathuze leadership and other stakeholders...
Coal exploration and mining company Canyon Coal is focusing on maintaining steady-state coal production at its Khanye colliery in Bronkhorstspruit, Gauteng, with the former having made significant progress in the past six months by improving production through smarter operational management,...
According to a report by the African Development Bank in the ‘Macroeconomic Performance and Outlook of Africa’ publication, 11 African countries featured in the world’s 20 fastest growing economies in 2023, which is why braking systems manufacturer and supplier of safety-critical subsystems for...
Kumba Iron Ore reported a 10% fall in first quarter sales due to port equipment challenges. The Anglo American company reduced production by 2% to 9.3-million tons in line with its strategy to match output to available logistics capacity. Ore taken to port by Transnet Freight Rail was flat at...
Gold miner Harmony Gold Mining Company reports that an underground construction employee, working on planned rail maintenance, died at its Mponeng mine near Carletonville, in Gauteng, on May 1. The nature of the incident that led to the fatality is under investigation.
BHP Group has deployed a team of senior executives to South Africa as the world’s largest miner ramps up efforts to win over government officials, regulators and local shareholders, all of whom could yet determine the outcome of its proposed tie-up with rival Anglo American. The executives have...
Rail workers demanding more rest time moved closer to a strike that would disrupt supply chains from Halifax to Vancouver and down through the Midwest to the Gulf of Mexico. A union representing more than 9 000 employees at Canadian National Railway and Canadian Pacific Kansas City said workers...
Run-of-mine (RoM) coal production at MC Mining's Uitkomst steelmaking and thermal coal mine, in South Africa, increased by 14% year-on-year to 115 909 t for the quarter ended March 31 – the third quarter of its 2024 financial year. ASX-, Aim- and JSE-listed MC Mining, which is being bought out by...
South Africa views BHP Group's proposed bid for Anglo American as "normal market activity" and is following the process as it unfolds, President Cyril Ramaphosa's spokesperson said on Monday. BHP is considering making an improved offer for Anglo American after its $39 billion initial proposal was...
BHP Group’s bid to spin off Anglo America’s South African assets as part of a takeover proposal shows how the economic policies of the ruling African National Congress (ANC) have undermined investor confidence in the country, the main opposition party said. The offer by BHP envisages Anglo...
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