South African Finance Minister unveils incentive for emerging miners

Finance Minister Pravin Gordhan is establishing a venture capital incentive for junior mining companies to strengthen growth in the South African mining sector. The fund would, through the Industrial Development Corporation, make R24.6-million a...

Resources Watch

This week: A R17-billion Swaziland-South Africa rail link will open up new coal capacity. Amplats hopes to test a fuel-cell powered mine locomotive by March/April. And, the DTI considers a special economic zone for platinum.

Transnet expects to rail 70Mt of coal, Exxaro plays its iron-ore card, Mboweni brothers in iron-ore BEE

South Africa’s State-owned freight logistics group Transnet says that it is on track to deliver between 70-million and 72-million tons of coal to the Richards Bay Coal Terminal (RBCT) by its financial year-end on March 31; black-owned...

R17bn Swazi, SA rail link to open new coal capacity

South African freight logistics group Transnet and Swazi Rail have confirmed that they will be moving ahead with a R16-billion to R17-billion greenfield railway project between Lothair, in South Africa, and Sidvokodvo, in Swaziland.

Transnet expects to rail more than 70MT of coal in 2012 financial year

South Africa’s State-owned freight logistics group Transnet indicated on Tuesday that it was on track to deliver between 70-million and 72-million tons of coal to the Richards Bay Coal Terminal (RBCT) by its financial year-end on March 31,...

Transnet rail split ‘not on cards’, but private partnerships are

The CEO of State-owned freight logistics group Transnet Brian Molefe has argued that it would be “disastrous” to split the group’s rail unit into separate infrastructure and operational entities and to house the infrastructure assets in a...

Transnet rail split would be ‘disastrous’ and is ‘not on the cards’

The CEO of State-owned freight logistics group Transnet Brian Molefe said on Thursday that it would be “disastrous” to split the group’s rail unit into separate infrastructure and operational entities and to house the infrastructure assets...

Rail utility studies new logistics options for Limpopo

State freight logistics group Transnet has unveiled plans to conduct feasibility studies during its 2011/12 financial year into the technical and economic viability of railway and associated agroprocessing and mining infrastructure, which could be...

Second Take: Transnet’s Swazi line to relieve congestion

Creamer Media's Shannon de Ryhove speaks to Mining Weekly contributing editor online Loni Prinsloo about a new 70 km rail line between Swaziland and the Richards Bay Coal Terminal, which will be a focus area for State freight logistics group...

Resources Watch

This week: South Africa aims to unlock funds for commodity export corridors Gold Fields CEO Nick Holland says nationalisation will strip South Africa of skills And, the platinum price could soar beyond the predicted $1 900/oz, says GFMS.

SA aims to unlock funds for commodity export corridors

South Africa's State-owned freight logistics group Transnet, which plans to materially expand and modernise its diesel and electric locomotive fleet over the next 15 years, is exploring new funding sources to expand its iron-ore and coal export...

Urgent infrastructure action needed to spur commodity export, small-miner growth

Public Enterprises Minister Malusi Gigaba has bemoaned the breakdown in relations between South Africa’s mining industry and State-owned network industries, such a Transnet and Eskom, which, he says, resulted in the country missing out on the...