Search Results for "rail"
The private-sector’s Richards Bay Coal Terminal (RBCT) and the State’s Transnet Freight Rail (TFR) have shown that the private sector and State-owned entities can work together very well, Menar MD Vuslat Bayoglu has highlighted in a Zoom interview with Mining Weekly. (Also watch attached Creamer...
US Deputy Treasury Secretary Wally Adeyemo used a five-day trip to South Africa to advertise his country’s ambitions of securing supplies of the metals needed for the global energy transition – materials that abound in Africa. Adeyemo, in a speech to US businesses active in the country, stressed...
Infrastructure South Africa (ISA) unveiled 12 “infrastructure projects for preparation” for the 2024/25 financial year at the Sustainable Infrastructure Development Symposium South Africa 2024 event in Cape Town, held in March. These priority projects all face one or more obstacles in becoming a...
Pensana has reported that preparatory works are advancing smoothly.
Australia-listed explorer Winsome Resources on Thursday unveiled an exclusive option agreement to acquire the assets of the idled Renard mine, in Quebec, in a move that may accelerate its path to lithium production at the 59-million-tonne Adina project. Winsome plans to repurpose the existing...
The catastrophic shipping accident that’s choked off Baltimore harbor is leaving few options for some US coal exporters, with Consol Energy facing the biggest threat to its operations. “Consol has the biggest exposure to this incident,” said Sandeep Sama, a senior analyst with Moody’s Ratings.
The Gautrain Management Agency (GMA) is re-engineering the company for full commercialisation while undertaking extension plans and pursuing enhancements for the Gautrain system, with many of these to be enabled by the appointment of a new concessionaire in 2026. This was outlined by recently...
After increasing somewhat in December, the Ctrack Transport and Freight Index (TFI) declined notably in January to a level of 119.3 – a drop of 2.1%, compared with December’s 121.9. The extent of the weakness is almost similar to the pressure the sector experienced during the KwaZulu-Natal...
Business Unity South Africa president Mxolisi Mgojo reports that the collaboration between business and government to turn around the performance of Transnet could result in the struggling State-owned freight logistics group moving significantly more volumes in the year to March than was guided...
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 government is about to publish a so-called rail network statement that will propose rules for private rail...
In preparation for building one of the world’s largest and highest-grade magnet metal rare earth mines later this year, London-listed Pensana has hosted key stakeholders on site at its Longonjo project, in Angola. CEO Tim George and project director Kevin Botha hosted the Angolan Sovereign...
South African supplier of rail-bound throw loaders for deep-level hard rock mines Salzgitter Mzansi has recently launched three new products – the Salzgitter EL300R electric rail bound remote-controlled loader, the Salzgitter Titan electric crawler loader and the Hercules re-railer. The company...
This week: Stage set for mining explosives centenarian to capture global top-three spot, Copper 360 output set to quickly double on Nama Copper acquisition and, RBCT, TFR show that private-public collaboration can work very well – Menar
Transnet Freight Rail’s (TFR’s) North Corridor accomplished the delivery of 1.41-million tonnes last week, marking the most substantial weekly performance in terms of volume for the current financial year. This includes the transport of 1.18-million tonnes of export coal to the Richards Bay Coal...
The Richards Bay Multipurpose Terminal (MPT) has taken delivery of new cargo handling equipment, aiding the loading of export coal, magnetite, chrome and pig iron aboard calling Cape-sized vessels. The terminal is leasing 75 dumpers and 35 payloaders for 12 months – a temporary measure after an...
Richards Bay Coal Terminal (RBCT), Liberty Coal/Liberty Coal Terminal and the business rescue practitioners (BRPs) of Optimum Coal Mine (OCM) and Optimum Coal Terminal (OCT) have reached an agreement on the terms and conditions on which coal from the Optimum coal mine will start being exported...
Australian coal trader M Resources and Singapore's GEAR plan a funding round after their $1.65-billion purchase of South32's Illawarra metallurgical coal operations, a source familiar with the matter said. Golden Energy and Resources (GEAR), owned by the Indonesian Widjaja family, will hold 70%...
In this week's episode of Second Take, Mining Weekly Editor Martin Creamer talks about the AECI being on track become a global top 3 player in the industry by 2030; Copper 360's first concentrate from the plant it has just acquired from Nama Copper; and the partnership between the Richards Bay...
Ports and logistics group Grindrod is set to invest big in its Matola drybulk terminal in Mozambique. Announcing Grindrod’s financial results for the year ended December 31 earlier this month, CEO Xolani Mbambo said the JSE-listed logistics group would spend the bulk of its R2.5-billion capital...
The private-sector’s Richards Bay Coal Terminal (RBCT) and the State’s Transnet Freight Rail (TFR) have shown that the private sector and State-owned entities can work together very well, Menar MD Vuslat Bayoglu has highlighted in a Zoom interview with Mining Weekly. (Also watch attached Creamer...
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