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Search Results for "rail"

R4bn may be removed from Eskom debt-relief for failure to meet EFC sale deadline
21st February 2024 By: Terence Creamer

The South African government is proposing to reduce its planned allocations to Eskom under a previously announced R254-billion debt-relief package by R2-billion a year for the 2023/24 and 2024/25 periods, owing to the utility’s failure to dispose of the Eskom Finance Company (EFC) by the agreed... 


Mozambique port critical to chrome exports gets upgraded railway link
21st February 2024 By: Bloomberg

The biggest port in Mozambique that’s become a key hub for global chrome exports will upgrade a railway link, bolstering a planned $2-billion capacity expansion. The African Development Bank is financing the purchase of $40-million of locomotives and wagons and another $30-million is under... 


Kumba weathers headwinds but 490 jobs at risk as it reconfigures business
20th February 2024 By: Tasneem Bulbulia

Anglo American subsidiary Kumba Iron Ore delivered solid operational and financial results for the year ended December 31, 2023, despite macroeconomic challenges; however, about 490 jobs could be at risk owing to a proposed reconfiguration to mitigate the logistics challenge, CEO Mpumi Zikalala... 


Integrated infrastructure service offering enables Bigen’s sustainability
20th February 2024

To remain sustainable amid the current economic climate, infrastructure development company Bigen has structured its product offering to provide its clients a one-stop service. “This has allowed Bigen to secure large project appointments and facilitated our Africa expansion strategy. Our... 


2024 could be ‘turning point’ for infrastructure sector
16th February 2024 By: Lumkile Nkomfe

Amid an evolving political landscape and the imminent challenges of an upcoming national election, Consulting Engineers South Africa (Cesa) underscores the critical need to expedite infrastructure development and for continuity in South Africa, emphasizing the importance of proactive planning and... 


Empire State mine, US
16th February 2024 By: Sheila Barradas

A zinc mine in the state of New York, in the US. 


Decline in coal line security incidents is improving performance – Transnet
16th February 2024 By: Martin Creamer

Security incidents that disrupt trains transporting coal to South Africa’s Richards Bay Coal Terminal (RBCT) for export to the world are in definite decline and that has certainly helped to improve performance, acting Transnet Freight Rail CE Russell Baatjies emphasised to Mining Weekly during... 


New Gautrain CEO starts steering strategic expansions
16th February 2024 By: Marleny Arnoldi

Gautrain Management Agency CEO Tshepo Kgobe has assumed his role as of February 1, following the company’s announcement to this effect in September last year. He previously served as COO of Gautrain since 2020 and has diverse technical expertise in infrastructure, energy, mining and rail.... 


Initial signs energy supply is stabilising, logistics to endure for longer – Minerals Council 
16th February 2024 By: Irma Venter

The domestic mining industry is looking at 2024 as a year of stabilisation, rather than growth, says Minerals Council South Africa CEO Mzila Mthenjane. The industry continues to face persistent challenges such as loadshedding, an ailing logistics sector, and a declining commodity market. 


New-vehicle sales slide continues
16th February 2024 By: Irma Venter

New-vehicle sales declined by 3.8% in January, to 41 636 units, compared with the same month last year. This continued the decline in new-vehicle sales witnessed in the last five months of 2023. 


Reform momentum
16th February 2024 By: Terence Creamer

From an economic perspective, the most important signal provided by President Cyril Ramaphosa in his State of the Nation Address was that the reform agenda remains in place, and that it will be underpinned by fiscal restraint and ongoing efforts to rebuild credible governance and institutional... 


EIB in talks with South Africa over loan for ports, freight rail
15th February 2024 By: Bloomberg

The European Investment Bank (EIB) said it’s in talks to loan South Africa money to upgrade its port and freight-rail infrastructure as its first contribution to a decarbonization pact known as the Just Energy Transition Partnership. The loan, the size of which the EIB didn’t disclose, is part of... 


Mintek acquires laser bed fusion 3D printer
14th February 2024 By: Marleny Arnoldi

National mineral research council Mintek has acquired a laser powder bed fusion three-dimensional (3D) printer, which positions the organisation as a unique player in the mineral processing and manufacturing industry. The acquisition of the machine, called the GE Additive Concept Laser Mlab... 


Opinion: Takeways from the 2024 Mining Indaba
13th February 2024

In this article, policy advisor and Associate Fellow of Chatham House Sheila Khama writes that the Investing in African Mining Indaba is progressively repositioning itself internally but also being shaped by external forces. Just 15 years ago, being a miner felt like pushing water uphill. The... 


HPX, Liberian govt, Guma sign letter of intent to develop Liberty Corridor
12th February 2024 By: Sabrina Jardim

US-based mineral exploration and development company High Power Exploration (HPX), which is backed by Ivanhoe Mines co-chairperson Robert Friedland, has signed a letter of intent (LoI) with the Liberian government and pan-African diversified investment and operations group Guma Africa Group to... 


DFC announces new financing for Lobito Corridor
9th February 2024 By: Sabrina Jardim

US International Development Finance Corporation (DFC) deputy CEO Nisha Biswal has announced new financing in support of the Lobito Corridor, which extends across Angola, Zambia and the Democratic Republic of the Congo (DRC), at this year’s Partnership for Global Infrastructure and Investment’s... 


Illawarra Metallurgical Coal, Australia
9th February 2024 By: Sheila Barradas

A coal mine in he southern coalfields of New South Wales, Australia. 


Mining industry sustainability hinges on energy, logistics reforms, Minerals Council stresses
9th February 2024 By: Schalk Burger

The sustainability of the South African mining industry and its ability to play a meaningful and positive role in society and the economy are dependent on urgent and extensive structural reforms in the energy and logistics sectors, mining industry organisation the Minerals Council South Africa... 


Simandou iron-ore project, Guinea – update
9th February 2024 By: Sheila Barradas

Guinea’s National Transition Council has approved a joint venture between Rio Tinto, China-backed Winning Consortium Simandou and government. 


Longonjo neodymium/praseodymium project, Angola – update
9th February 2024 By: Sheila Barradas

Pensana’s major potential customers have approved the product qualification specifications for Longonjo’s proposed mixed rare-earth carbonate product. 


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