Search Results for "rail"
Gold miner Harmony Gold Mining Company reports that an underground construction employee, working on planned rail maintenance, was killed at its Mponeng mine near Carletonville, in Gauteng, on May 1. The nature of the incident that led to the fatality is under investigation.
BHP Group has deployed a team of senior executives to South Africa as the world’s largest miner ramps up efforts to win over government officials, regulators and local shareholders, all of whom could yet determine the outcome of its proposed tie-up with rival Anglo American. The executives have...
Rail workers demanding more rest time moved closer to a strike that would disrupt supply chains from Halifax to Vancouver and down through the Midwest to the Gulf of Mexico. A union representing more than 9 000 employees at Canadian National Railway and Canadian Pacific Kansas City said workers...
Run-of-mine (RoM) coal production at MC Mining's Uitkomst steelmaking and thermal coal mine, in South Africa, increased by 14% year-on-year to 115 909 t for the quarter ended March 31 – the third quarter of its 2024 financial year. ASX-, Aim- and JSE-listed MC Mining, which is being bought out by...
South Africa views BHP Group's proposed bid for Anglo American as "normal market activity" and is following the process as it unfolds, President Cyril Ramaphosa's spokesperson said on Monday. BHP is considering making an improved offer for Anglo American after its $39 billion initial proposal was...
BHP Group’s bid to spin off Anglo America’s South African assets as part of a takeover proposal shows how the economic policies of the ruling African National Congress (ANC) have undermined investor confidence in the country, the main opposition party said. The offer by BHP envisages Anglo...
Credit agency Export Development Canada (EDC) has indicated in a conditional letter of interest that it will provide a direct lending debt funding package of up to A$400-million to ASX-listed Australian Strategic Minerals (ASM). The funds will be aimed at constructing and advancing to...
ASX-listed lithium miner Sayona Mining has taken a forward in its leadership restructuring by announcing the appointment of Dougal Elder as CFO on Friday. Elder, who initially joined Sayona as finance manager in September 2022, succeeds Paul Crawford in the role. Crawford will continue as an...
When former boss Mark Cutifani left Anglo American in mid-April 2022, things had rarely looked better for the century-old miner. Metals prices soared as the world emerged from lockdowns, the company had recently posted its best-ever annual profit and the popular industry veteran was handing over...
Memories are short and it often feels like they are becoming shorter not only because of the flood of information associated with the 24-hour news cycle but also second-by-second social media commentary that often distorts not only the present, but also the past. As South Africa marks 30 years...
The Passenger Rail Agency of South Africa (PRASA) says it has restored another five Metrorail corridors across Gauteng, KwaZulu-Natal and the Western Cape. These rail services were interrupted by Covid-19, vandalism, crime and poor maintenance practices under previous management teams.
In this essay, Terence Creamer reflects on the factors that have shaped South Africa’s real-economy sectors of manufacturing, mining and agriculture over the past 30 years and considers ways to end the economy’s persistent underperformance
Energy and infrastructure service company WSG Energy Services (WSG) has consolidated its position in Australia’s energy and infrastructure sectors with a host of contract wins and the opening of a new facility in Sydney, New South Wales (NSW), as stated in a press release published earlier this...
Rio Tinto is continuing to work with its partners to satisfy the outstanding conditions on the project.
Blencowe Resources has initiated a commercial study on a proposed downstream processing facility.
In this essay, Terence Creamer reflects on the factors that have shaped South Africa’s real-economy sectors of manufacturing, mining and agriculture over the past 30 years and considers ways to end the economy’s persistent underperformance
Zimbabwe is undergoing change and aims to attract more companies to do business in the country, but risks and challenges remain for businesses aiming to capitalise on the opportunities in the country. These were some of the views raised by Zimbabwean and international representatives during an...
Canadian miner Champion Iron is considering a significant expansion of its production capacity at the Bloom Lake mine, in Quebec. CEO David Cataford says Champion’s technical team is assessing the investments necessary to structurally increase production beyond the current...
Copper production increasing by 11% as Quellaveco achieved its highest plant throughput rate in Peru, and Collahuasi and El Soldado in Chile benefitting from higher copper grades were among the first-quarter performance aspects that pleased diversified mining company Anglo American in the three...
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