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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... 

Transnet signals it’s on track to free up coal export routes

By: Kim Cloete     2nd February 2018 Transnet is moving ahead with projects to boost the volume of coal carried from the coalfields to the port of Richards Bay and Maputo, says GM of Capital Planning Brian Monakali. He told delegates attending the IHS Markit South African Coal Export Conference, in Cape Town, this week, that some of... 

Mining Charter will achieve only ‘narrow transformation’

By: Tasneem Bulbulia     2nd February 2018 The third iteration of the Mining Charter, which is set for court review this month, is “destructive, and should be repealed in its entirety” as it will lead to only “narrow transformation”, says research and policy organisation South African Institute of Race Relations (IRR) policy fellow John... 

Zambia's chamber of mines says rail transport law 'inappropriate and unworkable' 

By: Reuters     31st January 2018 A new Zambian law compelling mining companies and other bulk cargo firms to transport at least 30% of their freight by rail is "economically inappropriate and unworkable" and should be reviewed, the Chamber of Mines said on Wednesday. Transport Minister Brian Mushimba said on Friday the law was... 

BCI progressing diversified portfolio

By: Schalk Burger     30th January 2018 Junior miner BCI Minerals continues to focus on advancing existing projects and remaining debt-free, the company said on Tuesday in its quarterly report to the end of December. BCI’s cash balance was A$18.9-million at the end of December, down A$4.7-million compared with the quarter to the end of... 

Zambia says miners must move 30% cargo by railway 

By: Reuters     26th January 2018 Mining firms and other bulk cargo firms in Zambia must transport at least 30% of their freight by railway, the government said on Friday, imposing a law to revive the sector. Transport Minister Brian Mushimba told reporters there was evidence of a huge imbalance between use of the road and rail... 

Record-breaking year for Richards Bay Coal Terminal

By: Martin Creamer     26th January 2018 Despite a loss of 38 days to bad weather, 2017 has been a record-breaking year for South Africa’s Richards Bay Coal Terminal (RBCT) in KwaZulu-Natal, which loaded a record 76.47-million tonnes of South African-mined coal in the 12 months to the end of December. The private sector terminal, which... 

Kropz eyeing first ore through phosphates plant this year

By: Martin Creamer     23rd January 2018 Explorer, developer and miner of plant nutrient minerals Kropz, which has invested $120-million in its 95% complete Western Cape processing facility, is finalising plant design and mulling capital raising to take the Elandsfonten phosphates project to the next level, Kropz CEO-designate Ian... 

MPs threaten Transnet board, executives with jail for no show at Parliament

By: African News Agency      23rd January 2018 MPs on Tuesday read board members and executives of South Africa's State-owned freight and logistics company, Transnet, the riot act for failing to show up at a meeting of Parliament's standing committee on public accounts last year. The board members and executives failed to show up at the... 

China to drive another year of rapid developments in aluminium market

By: Anine Kilian     23rd January 2018 Buoyed by events in China, the aluminium market is expected to see rapid growth in 2018, according to global energy, chemicals, renewables, metals and mining research and consulting group Wood Mackenzie (WoodMac). In its latest aluminium report, the company highlighted that China supply reforms,... 

South African company building new smelter in Zimbabwe

By: Victor Moolman     19th January 2018 Foundry and engineering company Thos Begbie is working in the Great Dyke of Zimbabwe, close to the town of Shurungwi, where it is helping to construct the Unki platinum smelter, adjacent to a mining operation owned by platinum mining company Anglo American Platinum (Amplats). Thos Begbie was... 

New indaba seeks to clear logistics, infrastructure challenges

By: Megan van Wyngaardt     16th January 2018 The Cross-Border Mining Services Africa Indaba, which aims to bring senior-level professionals from mining companies, as well as mining contractors; engineering, procurement and construction management companies; logistics companies; third- and fourth-party logistics providers; and finance and... 

Champion ramps up Bloom Lake activity, first train to roll by March

By: Henry Lazenby     30th December 2017 Activities are ramping up at the Bloom Lake mine, in near Fermont, Quebec, with preparations well under way towards the ultimate goal of sending off the first fully laden train of iron-ore by the end of February, or early March. “The highlights have been coming thick and fast this year,” Champion... 

IHS Materials Price Index buoyant on strong commodity rally

By: Henry Lazenby     15th December 2017 The materials price index (MPI) from Global Insight by IHS Markit has gained a strong 1.3% last week, hitting its highest level since late 2014 the company reported on Thursday. Three categories led gains, including ferrous metals, rubber and freight, all of which posted large jumps, according to... 

Moody’s sees stable year ahead for base metals, but also expects some risk factors

By: Megan van Wyngaardt     13th December 2017 Ratings agency Moody’s believes 2018 will be a year of relative stability for the global base metals industry after some recovery was experienced this year. In a 2018 outlook analysis, released on Wednesday, the agency noted that these improved supply/demand fundamentals would hold on the back of... 

IHS Materials Price Index chalks up fourth weekly gain

By: Henry Lazenby     8th December 2017 The materials price index (MPI) from Global Insight by IHS Markit has reported the fourth week of consecutive gains, adding 0.5% last week. IHS Markit economist Cole Hassay said the increase was more broadly based than in recent weeks, with six of the ten subcomponents rising. Freight and ferrous... 

Tanzania-Zambia railway halts copper transportation after strike

By: Reuters     6th December 2017 The Tanzania-Zambia Railway Authority (TAZARA) has suspended all train services, including the transportation of copper following a strike by workers in Africa's second-largest producer of the metal, the company said on Wednesday. The line is an important route for copper exports from Zambia and... 

Galaxy seals lithium offtake contracts with Asian partners

By: Creamer Media Reporter      29th November 2017 Lithium miner Galaxy Resources has signed binding offtake agreements for 200 000 t/y of lithium concentrate from its Mt Cattlin operation and said on Wednesday that 100% of the planned output from the mine in Ravensthorpe, Western Australia, had now been sold on a five-year contract term. The... 

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