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Rio Tinto autonomous train makes first delivery 280 km away

By: Esmarie Swanepoel     13th July 2018 Mining major Rio Tinto has delivered its first iron-ore delivery by autonomous train from the Tom Price mine, to the port of Cape Lambert, some 280 km away. The autonomous train consisted of three locomotives and carried about 28 000 t of ore. The train was monitored remotely by operators in... 

Transnet to operate inland manganese terminal

By: Marleny Arnoldi     10th July 2018 State-owned freight utility Transnet’s Port Terminals operating division has taken over operations at an inland terminal for the loading and handling of manganese at Lohatlha, in the Northern Cape.  

ELB to supply two mobile ship loaders to Transnet Port Terminals’ Saldanha Terminal

6th June 2018 ELB Engineering Services (Pty) Ltd (ELB), is pleased to announce that they have been awarded the contract to design, supply, install and commission two mobile ship loaders at Transnet Port Terminals’ (TPT) Saldanha Terminal – a strategic node of the movement of iron ore in South Africa. The ship... 

Kinder Morgan cleans up Trans Mountain spill as high noon looms

By: Henry Lazenby     29th May 2018 Canadian pipeline operator Kinder Morgan reported on Sunday that it is clearing medium crude blend from the Darfield pump station along the existing Trans Mountain pipeline, near Barriere, British Columbia, after oil spilled early on Sunday morning. Trans Mountain, owned by Kinder Morgan, said in... 

Rio gets accreditation for AutoHaul

By: Esmarie Swanepoel     18th May 2018 Mining major Rio Tinto has been granted accreditation by the Australian Office of the National Rail Safety Regulator, approving its autonomous operation of trains at its iron-ore operations, in Western Australia. Rio implemented autonomous trains at its Pilbara operations in the first quarter of... 

Qatar steps in to buy Rosneft stake after China deal collapses

By: Bloomberg     7th May 2018 Qatar emerged as a major shareholder in Rosneft on Friday after a $9-billion deal to sell a stake in Russia’s State-run oil producer to China’s troubled CEFC Energy collapsed. Qatar Investment Authority stepped in after the sellers – a consortium of QIA itself and mining giant Glencore – told... 

Teck profit rises on strong copper, zinc price and volume gains

By: Henry Lazenby     24th April 2018 Higher copper and zinc prices and improved copper sales volumes that were driven by higher output, have contributed to lift Canada’s largest diversified miner’s first-quarter profit by 15%, the company announced on Tuesday. Adjusted profit attributable to shareholders, which typically excludes... 

Kinder Morgan pipeline expansion investment untenable – CEO

By: Henry Lazenby     19th April 2018 The CEO of Kinder Morgan Steven Kean has conceded that the C$7.4-billion twinning of the existing Kinder Morgan crude oil pipeline between Alberta and British Columbia “may be untenable for a private party to undertake”. He made the comments during the company’s first-quarter conference call on... 

India proposes bringing LNG terminals within the PNGRB regulatory framework

By: Ajoy K Das     11th April 2018 India’s upstream oil and gas sector regulator, Petroleum and Natural Gas Regulatory Board (PNGRB), has proposed to bring all new liquefied natural gas (LNG) storage and regasification projects under its regulatory framework. The regulator’s draft 'Petroleum and Natural Gas Regulatory Board... 

US to lead global crude production as soon as 2023 – IEA

By: Henry Lazenby     10th April 2018 US shale production growth is expected to lift the jurisdiction to being the top oil producer globally by 2023, a report from the International Energy Agency (IEA) has shown. According to the IEA, US output will expand by 3.7-million barrels a day, more than half of the world’s expected... 

Kinder Morgan suspends Trans Mountain Expansion project as political firestorm heats up

By: Henry Lazenby     9th April 2018 Pipeline operator Kinder Morgan Canada (KMC) has placed non-essential activities and related spending to twin an existing crude oil pipeline between Alberta and British Columbia on ice, as opposition to the project in British Columbia intensifies. The C$7.4-billion project, which was previously... 

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.  

Teck Resources lowers Q1 met coal sales guidance

By: Anine Kilian     12th March 2018 Canadian metals and mining company Teck Resources has lowered its metallurgical coal sales guidance for the first quarter of this year to six-million tonnes. It had previously expected coal sales to be between 6.3-million and 6.5-million tonnes. 

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... 

BC extends provincial flow-through tax credit for a year; resumes fight against Canadian oil

By: Henry Lazenby     21st February 2018 The British Columbia provincial government has released its Budget 2018 plan, confirming that the provincial flow-through exploration tax incentive will be extended for another year until the end of this year. The mining flow-through share programme is seen as critical to reinforcing the... 

Lengthy permitting process affecting investment in US mining

By: Donald Makhafola     16th February 2018 The lengthy, outdated and burdensome permitting process involving federal, state and local authorities is currently the biggest barrier to new mining investment in the US, says mining-focused US trade organisation the National Mining Association (NMA). Despite having abundant mineral resources,... 

Despite reporting a Q4 earnings miss, Teck equity rises on record revenue, cash flow

By: Henry Lazenby     14th February 2018 Canadian diversified miner Teck Resources has reported fourth-quarter headline earnings slightly below analyst expectations, as lower metallurgical coal sales and prices offset metal price improvements in the three-month period to December 31. Adjusted profit attributable to shareholders in the... 

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. 

British Columbia govt digs in against Canadian oil

By: Henry Lazenby     3rd November 2017 The British Columbia provincial government has reiterated its opposition against the flow of oil over its soil. While proponents for Kinder Morgan's Trans Mountain Expansion project have argued that the expansion of Canada's ability to reach new markets in Asia needs to be designated as a... 

Gas infrastructure major GAIL seeking uniform pricing

By: Ajoy K Das     6th October 2017 Indian gas infrastructure major GAIL India has proposed a unified or pooled price for all its customers linked to its network of gas pipelines across the country. GAIL says that a unified price will eliminate differential tariffs and taxes based on distance of locations from the infrastructure... 

New range of drives available to SA market

15th September 2017 Electrical solutions provider Magnet Group introduced a new range of variable-speed drives (VSDs) last month, the Altivar Easy 610, which improve equipment performance and reduce operating costs by optimising energy consumption, the company explains. 

Coal market boom casts bullish trajectory for Corsa as it prowls for M&A ops

By: Henry Lazenby     14th September 2017 Surprising as it may seem, coal demand is at an all-time high, with the current heydays spelling “good profits and rising margins” for several miners in this space, including US-focused Corsa Coal. The TSX-V-listed miner, which produces coal from six mines, has one development mine and operates... 

US braces for Hurricane Irma as effects of Harvey still progress toward consumers

By: Henry Lazenby     9th September 2017 While the effects of Hurricane Harvey are still progressing downstream in the US oil and gas supply chain, progressing towards consumers, Hurricane Irma is threatening the US with another potential blow, with parts of the country already seeing a disruption of energy and chemical product... 

K+S opens Port Moody potash transshipment facility

By: Henry Lazenby     29th August 2017 Canada’s newest potash producer K+S Potash Canada (KSPC) has opened its new state-of-the-art potash handling and storage facility at partner Pacific Coast Terminals’ Port Moody terminal, in Vancouver, British Columbia. The port facility is the western port destination for potash from KSPC’s new... 

Turkish firms set for $64bn spending spree to leave home

By: Bloomberg     21st August 2017 Robert Yuksel Yildirim had barely been at the family’s construction-materials business a year before the company won its first international contract. Now, it’s a conglomerate with interests in mining, ports and chemicals across 28 countries. Twenty four years after the deal to import coal... 

Transnet insists bond appetite remains as it again lowers capex forecast 

By: Terence Creamer     3rd July 2017 State-owned logistics group Transnet has sought to refute reports that demand for its bonds had collapsed following the recent downgrades to South Africa’s credit rating, insisting that appetite for its bonds remains strong both domestically and internationally. CFO Garry Pita said the reports... 

Black junior Wescoal set to soar 

By: Martin Creamer     28th June 2017 Stripping out Wescoal’s once-off nonrecurring costs paints a pretty picture of the performance of this black-controlled coal-mining and coal-marketing junior, which has declared a dividend payout of R22-million compared with R10-million last year The once-off costs of R90-million arose from the... 

Musina Intermodal Terminal to improve cross-border trade

By: Schalk Burger     26th June 2017 The Musina Intermodal Terminal (MIT), launched on Monday, is set to reduce the cost of cross-border trade, especially for bulk commodities, on the North-South trade corridor. The terminal, about 3 km outside Musina and about 13 km from the Beitbridge border post, will serve to move commodities,... 

India seeks to extend LNG, energy cooperation with Qatar

By: Ajoy K Das     21st June 2017 Despite Qatar being pushed into diplomatic and economic isolation by its neighbours, India is deepening economic cooperation in liquefied natural gas (LNG) and energy with new proposals and initiatives. The Indian government has proposed a fresh long-term LNG purchase agreement, while the Qatari... 

Old school coal dealmaking nears end as Nippon flags new system

By: Bloomberg     13th June 2017 Japan’s lead negotiator on metallurgical coal contracts with global miners has sounded the death knell on a decades-old practice of setting prices after volatility whipped up by an Australian cyclone and China output cuts roiled markets. Nippon Steel & Sumitomo Metal Corp. will shift to buying... 

Higher gas prices driving away investment - report

By: Esmarie Swanepoel     6th June 2017 A new report by independent energy consultancy EnergyQuest has revealed that instead of driving a gas investment boom, high energy prices on Australia’s east coast was in fact resulting in lower underlying gas demand. EnergyQuest CEO Dr Graeme Bethune on Tuesday said that total east coast... 

Major Transnet Freight Rail mineral mining, chrome maintenance shut

By: Martin Creamer     5th June 2017 Transnet Freight Rail will embark on a seven-day shutdown in the Mineral Mining & Chrome (MMC) area of operation from June 5 to 11. This year’s affected areas include Witbank, Nelspruit, Koedoespoort, Swaziland, Maputo, Empangeni and other lines tapping into Transnet Port Terminals and Transnet... 

Demand boost for containerised transport from mine to buyer

By: Robyn Wilkinson     2nd June 2017 Bulk materials handling solutions provider Linde Material Handling South Africa has observed steadily increasing interest in Italian manufacturer CVS Ferrari’s brand of equipment from mining companies operating in Africa, with businesses across all industries increasingly moving towards the... 

Intermodal terminals benefit emerging smaller players

By: Robyn Wilkinson     2nd June 2017 Market response to the newly established intermodal terminals in Elandsfontein, Gauteng, and Musina, Limpopo has been positive; however, industry still perceives the use of rail as a challenge. 

Trudeau mulls coal ban in response to US lumber tariffs

By: Bloomberg     8th May 2017 Canadian Prime Minister Justin Trudeau told the leader of timber-rich British Columbia that he would consider her request to ban thermal coal shipments in retaliation for new US tariffs on softwood slumber. In a letter to British Columbia Premier Christy Clark, a copy of which was posted on the... 

Qld releases land for exploration bids in coal-rich Bowen basin

By: Esmarie Swanepoel     28th April 2017 The Queensland government has opened more than 270 km2 of land for bids from coal explorers. State Development and Natural Resources and Mines Minister Dr Anthony Lynham on Friday announced tenders for four blocks in the Bowen basin, the first release of Queensland coal country in four years. 

Up to 13Mt of Qld coking coal exports to be delayed

By: Esmarie Swanepoel     10th April 2017 Between 12-million and 13-million tonnes of coking coal exports will likely be delayed from Queensland, following ex-Tropical Cyclone Debbie. Resources and Northern Australia Minister Matt Canavan has said a further two-million to three-million tonnes of thermal coal exports may also be delayed,... 

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