R/€ = 16.68 Change: 0.01
R/$ = 15.80 Change: 0.00
Au 1827.37 $/oz Change: -10.35
Pt 911.50 $/oz Change: -19.50


Green economy will require more commodities – specialist mining director

By: Nadine Ramdass     24th June 2022 Rather than requiring fewer commodities, the green economy, and its resulting technological developments, will actually require more commodities, says specialist mining services provider Ukwazi business development director Spencer Eckstein. Consequently, mining companies, including manganese... 

Eightfold surge in profits in 2020 sees Shumani clinch major business award

23rd June 2022 An eightfold surge in profits during 2020, the height of the Covid-19 lockdown in South Africa, has seen Shumani Industrial Equipment awarded the 2021 Goscor Business Unit of the Year Award. Outstanding new equipment forklift sales, combined with a large contribution from the expanded rental... 

Panel unpacks mining-focused manufacturing obstacles

By: Marleny Arnoldi     23rd June 2022 If South Africa is to solve its unemployment problem, about 6 000 new factories will have to be built every year over the next decade, each employing about 100 people. The incentives from government, however, do not match this scale of development, value chain strategic and engineering research... 

A$600m hydrogen refuelling planned for Hume Highway

By: Esmarie Iannucci     23rd June 2022 Australian companies Hydrogen Fuels Australia (H2FA) and CLARA Energy will build a A$600-million green hydrogen distribution network along the Hume Highway corridor running between New South Wales and Victoria. The first hydrogen refuelling station scheduled to open in 2025.  

Raubex makes buyout offer for remaining Bauba shares, Bauba to delist from JSE

By: Tasneem Bulbulia     21st June 2022 Diversified mining and exploration company Bauba and JSE-listed Raubex have resolved to propose a transaction in terms of which Raubex will make a general offer to acquire all of the ordinary shares in the issued share capital of Bauba it does not already own for a cash consideration of 42c... 

Rail infrastructure challenges abound

By: Sabrina Jardim     17th June 2022 Train operators are working to restore the condition of South Africa’s rail network, including trains and stations, which is in “dire straits”, says Railway Safety Regulator (RSR) chief operations officer Tshepo Kgare. “The ageing infrastructure and limited capacity to move more goods and... 

Policies require international funding – law firm

By: Sabrina Jardim     17th June 2022 Without international assistance, South Africa does not have the capacity to fund some of the large rail projects outlined by the National Rail Policy (NRP), released by Transport Minister Fikile Mbalula this year as a draft White Paper and subsequently approved by Cabinet, says law firm Norton... 

Sector can reap benefits from rail liberalisation

By: Sabrina Jardim     17th June 2022 Liberalising rail will allow for rail freight to be operated with the efficiency of the private sector at the core of designed operations, says rail infrastructure consulting company Taylorail CEO David Taylor. Taylor says this will allow for end-clients to benefit from lower cost-per-ton... 

SGR to provide rail benefits

By: Sabrina Jardim     17th June 2022 With the National Rail Policy (NRP) emphasising the introduction of high speed standard gauge rail (SGR) technology on South Africa’s major rail networks, rail infrastructure consulting company Taylorail CEO David Taylor says this will make rail, as a mode of transport, a competitor for... 

Europe imports more South African coal as Russian ban looms

By: Reuters     15th June 2022 European countries, scrambling to secure alternatives to Russian coal, imported 40% more coal from South Africa's main export hub in the first five months of this year than over the whole of 2021, figures obtained by Reuters showed on Wednesday. South Africa's Richards Bay Coal Terminal (RBCT)... 

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