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Thermal coal exporter Thungela Resources says it delivered a resilient performance for the year ended December 31, 2023, which underpinned strong cash generation and a robust net cash position....
Amid economic uncertainties and rising inflation, total gold demand, including over-the-counter (OTC) demand, reached a new record of 4 899 t in 2023, thereby supporting the highest yearly average...
Since the new leadership at State rail enterprise Transnet has began engaging with South Africa's mining industry, the level of transparency has been “much, much improved”, according to African...
Africa’s biggest freight rail market is on the cusp of being transformed by private operators, the head of the operator of the continent’s largest rolling-stock fleet said. The South African...
Diversified mining company African Rainbow Minerals (ARM) on Friday declared an interim dividend for the six months ended December 31, when ARM had net cash of R7.9-billion. The interim dividend of...
Despite having the most advanced railway system on the continent, with about 30 000 km of track, the South African rail and transportation sector is currently facing numerous significant...
Global growth is expected to be subdued, if not stagnant, in 2024, and amid this slow growth and some challenging market conditions, global trade is also expected to be sluggish, says financial...
South Africa’s rail sector is faced with unprecedented challenges that threaten its operational viability and economic contribution, says law firm Webber Wentzel partner Scott Edmundson, who says...
The Ctrack Transport and Freight Index (Ctrack TFI) forecasts “another year of fairly subdued growth for the transport sector”. This is based on the assumption of mediocre economic growth in South...
Consistent with the requirements of Sibanye’s capital allocation framework, the project will be delayed and is expected to ramp up again during 2025.
BHP has signed nonbinding sales agreements for all potash production from both phases of the Jansen mine.
South Africa’s consistently advancing mining investment company Menar has signed a memorandum of agreement with the government of Gabon. “We think that Gabon is one of the promising countries when...
Global technology group Hitachi Energy and BluVein – an innovator in dynamic charging technology – have signed a memorandum of understanding (MoU) to accelerate the electrification of heavy haul...
South Africa’s economy escaped a technical recession in the fourth quarter as fewer rotational power cuts helped energy-intensive industries including mining and manufacturing rebound. Gross...
Clean technology company Rock Tech has selected the former Norampac paper mill site in Red Rock as the location to develop Ontario’s first lithium refinery. Rock Tech, which is listed on the...
Leading steel products manufacturer Naledi Ringrollers has, for more than 50 years, been committed to high-quality standards and is making significant strides in the railway, general engineering,...
Development finance institution the Development Bank of Southern Africa (DBSA) has introduced a new financing instrument called Project Vumela, which blends municipal revenue sources with financing...
Pensana has concluded a nonbinding term sheet with the Longonjo lender consortium for a project finance debt facility of up to $156-million.
Both Cabinet and organised business have lauded the five-year public-private partnership agreement between Sasol and Transnet Freight Rail (TFR), under which the energy and chemicals group will...
Organised business says the appointment of a permanent executive team at Transnet – led by CEO Michelle Phillips, who has been acting in the role since September and who has been with the utility...
JSE-listed AECI, which is undergoing far-reaching restructuring to re-focus on its core mining and chemicals businesses and reduce debt, reports strong initial interest in the six noncore companies...
Amid the global transition to cleaner energy sources, African countries face various challenges and opportunities pertaining to the adoption of renewable energy. Consulting firm Boston Consulting...
The South African new-car market has been shifting steadily over the last few years as consumers continue to battle persistent economic headwinds. Times are tough. Interest rates, living costs,...
Theta Gold Mines has selected a subsidiary of Power Construction Corporation, of China, for the construction of its TGME gold plant, tailings storage facility and wastewater dams.
Diversified miner Anglo American has agreed to acquire, from Brazilian iron-ore miner Vale, the high-quality Serra da Serpentina iron-ore resource and integrate it into its contiguous Minas-Rio...
Finance Minister Enoch Godongwana maintained focus on fiscal discipline and balancing the need to address socioeconomic challenges facing the country, industry organisation Minerals Council South...
The South African government is proposing to reduce its planned allocations to Eskom under a previously announced R254-billion debt-relief package by R2-billion a year for the 2023/24 and 2024/25...
The biggest port in Mozambique that’s become a key hub for global chrome exports will upgrade a railway link, bolstering a planned $2-billion capacity expansion. The African Development Bank is...
Anglo American subsidiary Kumba Iron Ore delivered solid operational and financial results for the year ended December 31, 2023, despite macroeconomic challenges; however, about 490 jobs could be...
To remain sustainable amid the current economic climate, infrastructure development company Bigen has structured its product offering to provide its clients a one-stop service. “This has allowed...
From an economic perspective, the most important signal provided by President Cyril Ramaphosa in his State of the Nation Address was that the reform agenda remains in place, and that it will be...
The domestic mining industry is looking at 2024 as a year of stabilisation, rather than growth, says Minerals Council South Africa CEO Mzila Mthenjane. The industry continues to face persistent...
Amid an evolving political landscape and the imminent challenges of an upcoming national election, Consulting Engineers South Africa (Cesa) underscores the critical need to expedite infrastructure...
The European Investment Bank (EIB) said it’s in talks to loan South Africa money to upgrade its port and freight-rail infrastructure as its first contribution to a decarbonization pact known as the...
National mineral research council Mintek has acquired a laser powder bed fusion three-dimensional (3D) printer, which positions the organisation as a unique player in the mineral processing and...
In this article, policy advisor and Associate Fellow of Chatham House Sheila Khama writes that the Investing in African Mining Indaba is progressively repositioning itself internally but also being...
US International Development Finance Corporation (DFC) deputy CEO Nisha Biswal has announced new financing in support of the Lobito Corridor, which extends across Angola, Zambia and the Democratic...
A coal mine in he southern coalfields of New South Wales, Australia.
The sustainability of the South African mining industry and its ability to play a meaningful and positive role in society and the economy are dependent on urgent and extensive structural reforms in...
State-owned rail and port operator Transnet could, potentially, show significant improvement this year, compared with last year’s dismal performance, says transport economist and macrologistics...
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