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Morwe signals strategy shift as he prioritises restoration of trust amid ‘turbulance’ 

By: Terence Creamer     7th November 2018 Transnet acting CEO Tau Morwe is prioritising the restoration of trust, internally and externally, which he acknowledges has been affected by the “turbulence” associated with recent action taken by the board to tackle corruption and recover money “siphoned” from the State-owned company. However,... 

Awards programme to promote innovation in project management

By: Paige Müller     2nd November 2018 Local project, programme and portfolio management practitioners’ association Project Management South Africa (PMSA) has introduced the Project Management Office (PMO) of the Year Awards Programme to honour and promote local innovation in project management offices. “This is an exciting step that... 

Mining’s performance must improve for the good of the South African people

By: Martin Creamer     26th October 2018 Although the mining production figures for the month of August were regrettably still on a downward trajectory, sentiment in the sector has improved by leaps and bounds since Mineral Resources Minister Gwede Mantashe took office. Disaggregation of August’s output data by Investec exposed a... 

Kumba on track to meet FY18 guidance 

By: Nadine James     23rd October 2018 Although rail constraints resulted in a reduction in export sales for Kumba Iron Ore during the third quarter ended September 30, the Anglo American subsidiary remains on track to meet its full-year guidance of producing between 43-million and 44-million tonnes of iron-ore. The iron-ore miner on... 

Transnet removes Gama as CEO

By: Reuters     22nd October 2018 The board of directors of South African state-owned logistics firm Transnet said it had removed Chief Executive Siyabonga Gama, who has been accused of misconduct in a multimillion-dollar deal. Transnet, which operates nearly three-quarters of the African rail network, the bulk of which is in... 

Synfuels, manganese production train and Morila mine make headlines  

18th October 2018 This week Mining Weekly editor Martin Creamer unpacks South Africa’s synfuels know-how, Transnet’s manganese production train and Morila mine’s agribusiness conversion. 

Eskom optimistic plan to boost coal stocks will prevent power outages

By: Paige Müller     12th October 2018 The continuing coal supply shortage at State-owned power utility Eskom Holdings is considered a crisis by industry commentators. Although conceding that it “is not an ideal situation”, Eskom has assured Parliament that it is implementing a recovery plan to prevent any unplanned capacity loss.... 

Eskom optimistic plan to boost coal stocks will prevent power outages

By: Paige Müller     12th October 2018 The continuing coal supply shortage at State-owned power utility Eskom Holdings is considered a crisis by industry commentators. Although conceding that it “is not an ideal situation”, Eskom has assured Parliament that it is implementing a recovery plan to prevent any unplanned capacity loss.... 

Transnet tests world’s longest manganese production train

By: Marleny Arnoldi     11th October 2018 Transnet Freight Rail (TFR) has successfully run a 375-wagon manganese train over a distance of 861 km from Sishen to Saldanha Bay. This formed part of the testing of the 4-km-long train, which will, once in operation, be a production train with the highest number of wagons in the world, and the... 

New equipment to boost PE port’s manganese export capacity by 1.8 Mt/y

By: Marleny Arnoldi     10th October 2018 Transnet Port Terminals (TPT) has taken delivery of the first two of four RAM rotating spreaders that are set to create an additional 1.8-million tons a year of capacity for manganese exports at its Port Elizabeth (PE) terminal. A further two spreaders will arrive from China at the end of... 

Dladla steps down as CEO of Eskom Rotek Industries

By: Creamer Media Reporter      9th October 2018 Eskom Rotek Industries CEO Johnny Dladla, who served a short stint as the group's CEO in 2017, has resigned and will leave Eskom at the end of October to "pursue private business interests".   The State-owned utility said in a statement that Dladla's successor would be announced in due course.... 

Transnet head Gama given notice of termination, board confirms

By: News24Wire      28th September 2018 The Transnet Board has confirmed Transnet group chief executive Siyabonga Gama was given notice of termination, with ten days to justify why he should not be axed. In a statement, the Board said it had on Thursday served Gama with a letter explaining its decision, citing "serious violations" of... 

Industry leaders to tackle concerns at Indaba

By: Paige Müller     28th September 2018 With the economy and Mining Charter front of mind, the 2018 Joburg Indaba – taking place from October 3 to 4 at the Inanda Club, in Johannesburg – will scrutinize the mining industry and the economy, says event organiser Resources 4 Africa. Key speakers will focus on diverse topics, with the... 

Minergy lauds Botswana regulatory authorities

By: Martin Creamer     20th September 2018 Minergy CEO Andre Bojé is full of praise for Botswana’s regulatory authorities, who he says use legislation to assist mining investment. Minergy, which is listed on the Botswana Stock Exchange, has begun work on its maiden 390-million-tonne Masama, located in the Mmamabula coalfield, 50 km north... 

New Botswana coal mine development under way – Minergy

By: Martin Creamer     18th September 2018 Work is under way on the new Masama coal mine, which Botswana Stock Exchange-listed Minergy expects to commission in January, ahead of its primary listing on London’s Alternative Investment Market (Aim) in the first half of next year. The 390-million-tonne Masama, located in the Mmamabula... 

Saldanha port’s iron-ore facility to shut for maintenance from Sept 26

By: Marleny Arnoldi     17th September 2018 Transnet Port Terminal’s (TPT’s) Saldanha iron-ore plant will shut down from September 26, as part of its yearly maintenance plan across mechanical, electrical and structural works. TPT Cape Channel GM Velile Dube states that maintenance is a critical necessity at this stage, since the facility... 

South Africa's iron-ore railway to be shut down for annual maintenance

By: Reuters     12th September 2018 The main railway line along South Africa's iron-ore corridor will be shut down for annual maintenance from September 26 to October 2, State-owned freight logistics firm Transnet said on Wednesday. The railway line that stretches up to 861 km (534 miles) from iron-ore mines at Sishen in the... 

Mozambique confirms priority for new coal-carrying railway

By: Rebecca Campbell     7th September 2018 The strengthening of the railway infrastructure to carry coal from the inland Tete province to the sea, for export, is one of the top priorities for next year for Mozambique’s Ministry of Transport and Communications. This was affirmed by Transport and Communications Vice Minister Manuela Rebelo... 

Transnet results eclipsed by irregular expenditure, qualified audit and State capture

By: Terence Creamer     20th August 2018 A surge in irregular expenditure to over R8-billion triggered a qualification of Transnet’s 2018 financial results, all but eclipsing an otherwise strong financial and operational performance by the State-owned group. The irregular expenditure related primarily to procurement undertaken by... 

CSIR, Mandela Mining Precinct combine forces in push to improve safety and productivity

By: Nadine James     17th August 2018 The Council for Scientific and Industrial Research (CSIR), as part of its collaboration with the Mandela Mining Precinct, has either developed or adapted several technologies that could be applied in mining environments to improve safety, productivity and efficiency. The function of the Mandela... 

CSIR, Mandela Mining Precinct combine forces in push to improve safety and productivity

By: Nadine James     17th August 2018 The Council for Scientific and Industrial Research (CSIR), as part of its collaboration with the Mandela Mining Precinct, has either developed or adapted several technologies that could be applied in mining environments to improve safety, productivity and efficiency. The function of the Mandela... 

Hawks investigate cases related to Gupta-loot worth more than R40bn

By: News24Wire      16th August 2018 The Hawks are investigating cases related to the Guptas' state capture project that involves more than R40 billion which has been plundered from state coffers. Lieutenant General Godfrey Lebeya presented the Hawks' progress in several cases of state capture to the Portfolio Committee on Police on... 

Transnet signals intention to suspend CEO Gama

By: African News Agency      16th August 2018 The Transnet board has served notice on CEO Siyabonga Gama and two other top senior officials that it intends to place them on precautionary suspension. Chief procurement officer Thamsanqa Jiyana and supply chain manager Lindiwe Mdletshe also received letters on Wednesday. 

Gordhan announces whistleblower hotline to boost fight against corruption

By: News24Wire      15th August 2018 Stabilising State-owned enterprises could take six months or longer, depending on the extent of corruption, said Public Enterprises Minister Pravin Gordhan. The minister on Wednesday briefed the portfolio committee on public enterprises on the progress made in addressing governance challenges at... 

Local downstream oil investments, across Atlantic gold prospects and rail derailments make headlines 

14th August 2018 Glencore’s local downstream oil investments are expected to be concluded in the near future, Rangold Resources is looking across the Atlantic along the northern edge of South America for new prospects, and Transnet has derailed its reputation by allowing derailments and rail cancellations on its... 

Treasury says has received draft report on Eskom coal contract

By: News24Wire      30th July 2018 South Africa's National Treasury has received the draft forensic report on alleged irregularities in the awarding by state power utility Eskom of a coal contract to Tegeta and in logistics firm Transnet’s procurement of locomotives from China South Rail, it said at the weekend. The Treasury said... 

New iron-ore mine showing profitability

By: Paige Müller     27th July 2018 Relative newcomer to the South African iron-ore industry, industrial minerals and construction materials group Afrimat, states that its new Demaneng iron-ore mine in the Northern Cape is starting to show profitability, bolstering Afrimat’s diversification strategy into bulk commodities. Afrimat... 

TFR to spend R90m on yearly manganese line shutdown

By: Creamer Media Reporter      26th July 2018 Transnet Freight Rail (TFR) is set to spend about R90-million on its yearly, large-scale maintenance shutdown on the manganese rail line from August 2 to 8.  The railway line, which spans across three provinces – the Eastern Cape, the Northern Cape and the Free State – will be undergoing... 

Transnet signs manganese capacity allocation contract with Assmang

By: Anine Kilian     25th July 2018 State-owned Transnet has signed a seven-and-a-half-year Manganese Export Capacity Allocation (MECA2) contract with Assmang as part of its strategy to secure 95% of manganese volumes on rail. The contract, which will see the transportation of export manganese from pit to port, offers Assmang, the... 

Kumba lowers FY sales, production guidance

By: Marleny Arnoldi     19th July 2018 JSE-listed Kumba Iron Ore is working closely with State-owned freight utility Transnet to secure the delivery of the contractual capacity and to mitigate derailments that affected the company’s export sales in the second quarter of the year. The company’s export sales increased by only 1% to... 

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.  

COAL TO THE WORLD, GROWTH TO THE NATION:

By: Martin Creamer     6th July 2018 The private-sector-owned Richards Bay Coal Terminal, which opened in 1976 with an original capacity of 12 million tons a year, 42 years later has a design capacity of 91-million tons a year – 10-million tons more than the State-owned Transnet Freight Rail is currently able to deliver. In a... 

Merafe appoints new financial director

By: Simone Liedtke     2nd July 2018 JSE-listed Merafe Resources has appointed Ditabe Chocho as the company’s FD, effective August 1. Chocho takes over from Kajal Bissessor, who will continue to serve her notice period in an advisory capacity until August 31 to ensure “a seamless transition and handover process of the financial... 

Transnet prepares for annual coal line shutdown

By: Anine Kilian     27th June 2018 Plans are at an advanced stage for State-owned Transnet Freight Rail to embark on its annual shutdown of the coal export line, which is scheduled to take place from July 2 to 11. “The shutdown is an annual exercise carried out around this time to ensure that the company tackles its maintenance... 

On-The-Air (22/06/2018) 

By: Martin Creamer     22nd June 2018 Coal exporters can look forward to faster turnaround times at the Richards Bay Coal Terminal, following the commissioning of a brand new suite of equipment. South Africa’s secretive Department of Mineral Resources needs to subject itself to independent transparency evaluation and to set reform... 

Afrimat sets sights on midtier mining niche as it eyes bulk commodities

By: Irma Venter     8th June 2018 “The fact that ArcelorMittal, Aveng, Group Five and Basil Read today have a smaller combined market capitalisation than a ‘little’ quarry company such as Afrimat, shows you that the economy is in trouble,” says Afrimat CEO Andries van Heerden. “Not long ago any one of them was twenty times our... 

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... 

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.  

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