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Asia's thermal coal demand poised to grow

By: Esmarie Swanepoel     19th June 2018 Asia’s thermal coal demand could increase by some 400-million tonnes by 2030, a new report commissioned by the Minerals Council of Australia (MCA) found. Asian thermal coal demand is expected to grown from the 740-million tonnes in 2017, to 1.147-billion tonnes in 2030. 

Danakali CEO resigns; Colluli offtake agreement signed

By: Esmarie Swanepoel     14th June 2018 Potash developer Danakali has reported the resignation of CEO Danny Goeman. Goeman has accepted an offer from a leading Perth-based mining company and is expected to leave Danakali on August 3. He joined Danakali in 2016 as head of marketing, before assuming the role of CEO in 2017.  

Pembridge, Japanese trading house enter into $30m offtake financing arrangement

By: Simone Liedtke     11th June 2018 LSE-listed Pembridge Resources has signed definitive heads of terms with a global Japanese trading house to receive $30-million in prepayment financing through an offtake financing agreement for 125 000 t of copper concentrate to be produced at the Minto copper/gold/silver mine, in Canada. The... 

TFR’s MMC business unit to conduct national maintenance in June

By: Marleny Arnoldi     6th June 2018 Transnet Freight Rail’s (TFR’s) Mineral Mining and Chrome (MMC) business unit, which is responsible for yearly planned maintenance where major capital replacement activities are implemented, will hold its financial year shutdown from June 7 to 13.  

Mining, industrial contracts for ELB in SA and abroad

By: Nadine James     1st June 2018 ELB Engineering Services (ELB) announced last week that it had been awarded the drying system for the M.V. Grand Banks life extension project for marine mining company De Beers Marine. Additionally, the company noted that it had completed train loading station (TLS) and stacker projects for the... 

Miners expect to weather one-day Canadian Pacific rail worker strike

By: Henry Lazenby     31st May 2018 A one-day strike by Canadian Pacific (CP) Railway engineers and conductors is not expected to have a lasting impact on Canada’s mining operations, the Mining Association of Canada (MAC) said on Wednesday. Members of Teamsters Canada Rail Conference (TCRC) downed tools on Tuesday night following... 

Palaszczuk to reassure Japan about coal exports amid Aurizon curbs

By: Esmarie Swanepoel     29th May 2018 Queensland Premier Annastacia Palaszczuk has moved to allay the fears of Japanese coal buyers, ahead of a diplomatic visit to the region, as a fight between freight operator Aurizon, the state’s competition body and coal miners continued. Aurizon has previously warned that it would cut some... 

ELB Continues To Provide Know How Solutions To Multiple Sectors

24th May 2018 ELB announces the award of Debmarine-M.V. Grand Banks and completes Assmang’s Black Rock Projects, the Sack Tipping Unit for Unilever Nigeria and Colleen Bawn Clinker Loading in Zimbabwe ELB Engineering Services (ELB) is pleased to announce that it has been awarded the drying system for the M.V.... 

Soaring coal royalties give Qld infrastructure spending a boost

By: Esmarie Swanepoel     22nd May 2018 Queensland coal royalties would soar to a record A$3.7-billion in the 2018 financial year, the Queensland Resources Council (QRC) predicted on Tuesday. QRC CEO Ian Macfarlane said the A$536-million increase on the government’s previous royalty estimates would allow the state government to... 

India allows power producers to switch coal linkages

By: Ajoy K Das     21st May 2018 The Indian government has announced that private thermal power companies will be allowed to switch coal supply linkages from one coal company to another, but electricity producers are not sure that the move will deliver industry-wide benefits. Based on recommendations of an interMinisterial... 

Atlas flags up to A$100m impairment on lower grades, higher costs

By: Esmarie Swanepoel     17th May 2018 Iron-ore miner Atlas Iron has warned of a A$75-million to A$100-million noncash impairment charge for 2018, as iron-ore grades declined and costs increased. Atlas on Thursday told shareholders that it remained on track to ship between nine-million and ten-million tonnes of iron-ore during the... 

Aurizon warns miners of train cuts

By: Esmarie Swanepoel     16th May 2018 Freight operator Aurizon has reportedly advised Queensland coal companies that it would ‘dramatically cut’ train movements on the Goonyella system of the Central Queensland Coal Network (CQCN). The Goonyella system connects several of Queensland’s largest metallurgical coal suppliers to the port... 

Trevali revenues rise 187%, Q1 earnings miss on Perkoa freight timing

By: Henry Lazenby     11th May 2018 Pureplay zinc producer Trevali Mining has reported adjusted earnings a share of $0.04, missing average analyst earnings forecasts by a penny, on lower-than-expected sales from the Perkoa mine, in Burkina Faso, mainly owing to freight timing at the Port of Abidjan, in Côte d’Ivoire.... 

Transnet, Tshipi é Ntle sign long-term manganese contract

By: Simone Liedtke     11th May 2018 State-owned Transnet has signed the second long-term agreement under its Manganese Export Capacity Allocation (Meca) programme, which seeks to integrate a number of export manganese contracts. The seven-and-a-half-year contract with manganese miner Tshipi é Ntle will result in 2.1-million tonnes... 

Careful process consideration, augmentation delays Elandsfontein phosphate mine

By: Marleny Arnoldi     9th May 2018 Investment company African Rainbow Capital on Wednesday announced delays to its 25%-owned Elandsfontein phosphate mine.  

Amur says Kun-Manie’s projected nickel costs below industry average

By: Creamer Media Reporter      2nd May 2018 An in-house estimate has found that the Kun-Manie nickel/copper sulphide project, in Russia’s Far East, would be among the top ten lowest-cost nickel operations globally, owner Amur Minerals reported on Wednesday. Based on mining a potential 73-million tonnes of ore, containing 400 000 t of... 

Captive Canadian miners decry minister’s move on Bill C-49

By: Henry Lazenby     30th April 2018 Canadian miners are voicing frustration and concern over the federal government’s removal of a Senate amendment relating to final offer arbitration (FOA), and with its modification of an amendment giving the Canada Transportation Agency own-motion power, in Bill C-49 – legislation that amends the... 

Aspire hopes to finalise rail FS

By: Esmarie Swanepoel     13th April 2018 Coal developer Aspire Mining and its rail subsidiary Northern Railways have entered into a memorandum of understanding (MoU) with China Gezhouba Group International Engineering Company (CGGC) to advnce the Erdenet to Ovoot rail project. The parties have agreed to work quickly to finalise the... 

S African foundry aims to expand footprint in North America 

By: Donald Makhafola     11th April 2018 The capacity of some aspects of the smelting industry in North America, such as the steel sector, has significantly deteriorated in the past 25 years, as a result of Chinese companies dominating the market and supplying cheaper products, says South Africa-based foundry and engineering company... 

Aurizon puts new wagons on NSW coal lines

By: Esmarie Swanepoel     6th April 2018 Freight hauler Aurizon has reiterated its commitment to the Hunter Valley coal industry, announcing the arrival of a batch of newly-built coal wagons at the Port of Newcastle. Aurizon GM for New South Wales coal operations, Catherin Baxter, said on Friday that the 32 wagons in the consignment... 

Coal India lines up logistics investment to reduce transportation dependency

By: Ajoy K Das     4th April 2018 Starting the new financial year with a shift in focus from coal production to distribution and supplies, State-owned miner Coal India Limited (CIL) will invest $3.08-billion over the next five years to achieve full self-sufficiency in transportation of the dry fuel. Coal Minister Piyush Goyal... 

‘Cyclone Aurizon’ to have double the impact of last year’s Debbie – QRC

By: Esmarie Swanepoel     28th March 2018 The Queensland Resources Council (QRC) on Wednesday warned that freight operator Aurizon’s plans to introduce a revised maintenance plan could reduce coal exports by A$4-billion, and could cut coal royalties by A$500-million a year. Aurizon earlier this month issued an update on the capacity... 

Transnet renews manganese contract with South32

By: Marleny Arnoldi     22nd March 2018 State-owned Transnet and diversified miner South32 on Thursday signed a seven-and-a-half-year manganese export capacity allocation (Meca) contract, allowing for the transportation of 2.6-million tonnes a year of export manganese and realising almost R10.4-billion in total value for Transnet.  

Stringent regulations may impede coal industry growth

By: Donald Makhafola     16th March 2018 While key challenges facing the coal mining industry make the future of coal in South Africa uncertain, when considering the weight of coal in South Africa's energy mix, the coal mining industry is likely to remain an important one, says credit insurer Coface group economist Ruben Nizard. South... 

Transnet is trying to root out Gupta-related corruption – Gama

By: African News Agency      14th March 2018 Transnet is trying to get to the bottom of how the company was committed to contracts that saw an agency linked to the Gupta family earn lavish fees on its infrastructure contracts, CEO Siyabonga Gama told MPs on Wednesday. "It has given Transnet a very bad name and a very bad reputation, so that... 

Transnet rejects claim of no significant mining-linked rail and port investment in 15 years

9th March 2018 Anglo American South Africa deputy chairperson Norman Mbazima argues that a revitalisation of South Africa’s rail and port networks will be key to ensuring a recovery in mining investment. Speaking at the Investing in African Mining Indaba, he lamented that he had not seen any significant rail... 

Transnet rejects claim of no significant mining-linked rail and port investment in 15 years

9th March 2018 Anglo American South Africa deputy chairperson Norman Mbazima argues that a revitalisation of South Africa’s rail and port networks will be key to ensuring a recovery in mining investment. Speaking at the Investing in African Mining Indaba, he lamented that he had not seen any significant rail... 

Anglo American renews shipping contract with Vuka Marine

By: Megan van Wyngaardt     8th March 2018 Global miner Anglo American has renewed its various full-time ocean freight contracts with local maritime company Vuka Marine. Under these freight contracts, Anglo American will transport bulk iron-ore and coal products, primarily from the Saldanha Bay port to its customers around the world. 

CIL revives ‘own-your-wagon’ plans

By: Ajoy K Das     27th February 2018 Acknowledging transportation and logistical bottlenecks as large contributing factors to dry fuel shortages at end-users plants, Coal India Limited (CIL) is drawing up plans to acquire its own railway wagons. The five-year plan will entail CIL acquiring its own wagons to transport coal to thermal... 

Hydro bids for Rio Tinto's Icelandic aluminium plant

By: Simone Liedtke     26th February 2018 Norwegian aluminium company Norsk Hydro has made a binding offer to acquire diversified miner Rio Tinto's ISAL aluminium plant, in Iceland. The offer also includes Rio Tinto's 53% share in Dutch anode facility Aluchemie and 50% of its shares in Swedish aluminium fluoride plant Alufluor, for... 

SureFOX: Accelerating Enterprise Insurtech

19th February 2018 February marks an important milestone in Africa’s “insurtech” history. EmptyTrips, South Africa’s award-winning innovative freight and transport exchange,  announced a new digital on-demand enterprise insurance service offering, named SureFOXTM. Insurtech is fast becoming an attractive area, a... 

TFR transports record chrome volumes from mines to ports

By: Schalk Burger     14th February 2018 State-owned Transnet Freight Rail (TFR) has transported a record 5.77-million tons of chrome by rail from mines to the ports in the first 47 weeks of the current financial year. This exceeds the 5.75-million tons of chrome transported by rail in the prior financial year. 

QRC, Aurizon at loggerheads over coal line maintenance

By: Megan van Wyngaardt     12th February 2018 The Queensland Resources Council (QRC) on Monday said it was "extremely disappointed" by Aurizon's move to pre-empt the state's regulatory process by moving to change its maintenance programme before the Queensland Competition Authority (QCA) process was completed. Aurizon has announced that it... 

Blow for Galilee basin coal projects as Aurizon withdraws NAIF application for rail line

By: Mariaan Webb     9th February 2018 Australia’s largest rail freight company Aurizon has withdrawn its application for funding from the Northern Australia Infrastructure Facility (NAIF) to assist with a multi-user, open access rail solution for the development of the coal-rich Galilee basin. Aurizon CEO Andrew Harding said on... 

Richards Bay zone woos investors at Cape Town's Mining Indaba

By: African News Agency      8th February 2018 The Richards Bay Industrial Development Zone (RBIDZ) went on a charm offensive at the Mining Indaba held in Cape Town to woo local and international investors seeking export and import opportunities in KwaZulu-Natal province. RBIDZ acting manager for business development and support, Mzamo... 

Coal buyers spooked by Indonesia's new shipping rules – association

By: Reuters     8th February 2018 Buyers of Indonesian coal are holding back orders of the fuel after the government issued new shipping rules for coal and crude palm oil that would restrict exports to Indonesian vessels, an industry association said on Thursday. Jakarta issued rules in October requiring coal and palm oil... 

On-The-Air (02/02/2018) 

By: Martin Creamer     2nd February 2018 Tharisa Minerals this week launched a R760-million strategy to boost South African chrome supply; De Beers long wait for diamond exploration licences is over, thanks to the new winds of political change; It's been another record-breaking coal export year for South Africa's Richards Bay Coal... 

New coal terminal planned for Beira could be a gateway to the east

By: Kim Cloete     2nd February 2018 A coal terminal planned for construction at Mozambique’s Beira port could be a gateway for imports and exports from the landlocked countries of Zimbabwe, Zambia, the Democratic Republic of Congo, Malawi and Botswana and could greatly boost coal exports to India. Essar Ports CEO Tej Nargundkar... 

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