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Newlyn launches R3.4bn multimodal rail terminal at Durban port
5th April 2024 By: Tasneem Bulbulia

Port logistics company the Newlyn Group on April 4 unveiled the Newlyn PX Bayhead rail terminal, strategically located next to the Port of Durban, aimed at opening intra-Africa and local trade and investment opportunities. “This is a major milestone for South Africa and showcases what can be... 


RBCT, TFR show that private-public collaboration can work very well – Menar
5th April 2024 By: Martin Creamer

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 keen on Africa’s transition metals
5th April 2024 By: Bloomberg

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 SA names 12 projects it will unlock in 2024/25
5th April 2024 By: Irma Venter

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... 


Longonjo neodymium/praseodymium project, Angola – update
5th April 2024 By: Sheila Barradas

Pensana has reported that preparatory works are advancing smoothly. 


Winsome’s diamond mine bid may advance pathway to lithium production
4th April 2024 By: Mariaan Webb

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... 


Bridge disaster leaves some US coal miners with few options
29th March 2024 By: Bloomberg

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. 


Gautrain Management Agency chief speaks on extension plans, service enhancements
29th March 2024 By: Tasneem Bulbulia

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... 


Ctrack transport, freight index shows deterioration in all but one of six sectors tracked
29th March 2024 By: Irma Venter

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... 


Mgojo says collaborative efforts will enable Transnet to report higher volumes than initially forecast
29th March 2024 By: Terence Creamer

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 set for private operator participation
29th March 2024 By: Bloomberg

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... 


Pensana hosts investors, govt representatives at its Longonjo mine
28th March 2024 By: Marleny Arnoldi

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... 


Local loaders for deep-level mines
28th March 2024

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... 


Resources Watch
27th March 2024

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 North Corridor achieves weekly record
26th March 2024 By: Tasneem Bulbulia

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... 


Richards Bay Multipurpose Terminal takes delivery of cargo handling equipment
26th March 2024 By: Tasneem Bulbulia

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... 


Optimum coal to be exported from Richards Bay terminal from next month
25th March 2024 By: Tasneem Bulbulia

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... 


M Resources, GEAR plan funding round after $1.65bn coal mine buy, source says
22nd March 2024 By: Reuters

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%... 


AECI, Copper 360, public-private partnership make headlines
22nd March 2024

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... 


Grindrod to spend big at Maputo’s Matola drybulk terminal to grow capacity
22nd March 2024 By: Irma Venter

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... 


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