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... 

Thermal coal exporter Thungela Resources says it delivered a resilient performance for the year ended December 31, 2023, which underpinned strong cash generation and a robust net cash position. This supported total returns to shareholders of R3.3-billion for 2023, equivalent to 49% of adjusted... 

JSE-listed AECI, which is undergoing far-reaching restructuring to re-focus on its core mining and chemicals businesses and reduce debt, reports strong initial interest in the six noncore companies that it plans to dispose of over the coming 18 months for combined proceeds of about R2.5-billion.... 

Amid economic uncertainties and rising inflation, total gold demand, including over-the-counter (OTC) demand, reached a new record of 4 899 t in 2023, thereby supporting the highest yearly average gold price of $1 940.54 /oz, according to the World Gold Council’s (WGC’s) ‘Gold Demand Trends... 

Amid economic uncertainties and rising inflation, total gold demand, including over-the-counter (OTC) demand, reached a new record of 4 899 t in 2023, thereby supporting the highest yearly average gold price of $1 940.54 /oz, according to the World Gold Council’s (WGC’s) ‘Gold Demand Trends... 

Since the new leadership at State rail enterprise Transnet has began engaging with South Africa's mining industry, the level of transparency has been “much, much improved”, according to African Rainbow Minerals (ARM) Ferrous CE André Joubert. Joubert, who was speaking during a question session... 

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... 

Diversified mining company African Rainbow Minerals (ARM) on Friday declared an interim dividend for the six months ended December 31, when ARM had net cash of R7.9-billion. The interim dividend of R6 a share is well down on the R14 a share declared in the corresponding period of last year. 

The Ctrack Transport and Freight Index (Ctrack TFI) forecasts “another year of fairly subdued growth for the transport sector”. This is based on the assumption of mediocre economic growth in South Africa this year, forecast at 1.3%, up from 2023’s estimated 0.6%. 

South Africa’s rail sector is faced with unprecedented challenges that threaten its operational viability and economic contribution, says law firm Webber Wentzel partner Scott Edmundson, who says the dire situation underscores the urgent need for transformative reforms to salvage and rejuvenate... 

Global growth is expected to be subdued, if not stagnant, in 2024, and amid this slow growth and some challenging market conditions, global trade is also expected to be sluggish, says financial services company Investec logistics head Denys Hobson, who references the World Bank’s estimation that... 

Despite having the most advanced railway system on the continent, with about 30 000 km of track, the South African rail and transportation sector is currently facing numerous significant challenges, electromechanical equipment manufacturer Actom Signalling division engineering projects and... 

Preparatory works are advancing smoothly. 

BHP has signed nonbinding sales agreements for all potash production from both phases of the Jansen mine. 

Consistent with the requirements of Sibanye’s capital allocation framework, the project will be delayed and is expected to ramp up again during 2025.  

South Africa’s consistently advancing mining investment company Menar has signed a memorandum of agreement with the government of Gabon. “We think that Gabon is one of the promising countries when it comes to investments in mining, especially manganese and iron-ore,” Menar MD Vuslat Bayoglu... 

Global technology group Hitachi Energy and BluVein – an innovator in dynamic charging technology – have signed a memorandum of understanding (MoU) to accelerate the electrification of heavy haul mining fleets. Hitachi Energy's advanced power electronics and digital charging technologies allow... 

South Africa’s economy escaped a technical recession in the fourth quarter as fewer rotational power cuts helped energy-intensive industries including mining and manufacturing rebound. Gross domestic product expanded 0.1% in the three months through December, compared with a contraction of 0.2%... 

Clean technology company Rock Tech has selected the former Norampac paper mill site in Red Rock as the location to develop Ontario’s first lithium refinery. Rock Tech, which is listed on the TSX-V, has signed a binding cooperation agreement with the BMI Group, outlining a long-term lease for the...