R/€ = 18.9412 Change: 0.0275
R/$ = 17.6485 Change: 0.1719
Au 1868.69 $/oz Change: -2.30
Pt $/oz Change:


Rapid renewables roll-out key to tackling loadshedding, but OCGTs ‘only short-term defence'

By: Terence Creamer     Updated 5 hours ago An increased use of the diesel-fuelled open cycle gas turbines (OCGTs) represents South Africa’s only short-term defence against higher levels of economically damaging loadshedding, a new analysis of the country’s power crisis shows. However, the new Meridian Economics briefing note also makes a... 

Logistics provider Crossroads building on strengths  

By: Simone Liedtke     Updated 5 hours ago General freight, fuel and bulk logistics company Crossroads will be building on its strengths and honing its strategy this year to grow its business, improve operational efficiency and increase value-add to its customers. This strategy will significantly increase the company’s market share in the... 

Minerals Council's Roger Baxter encouraged by board-level engagement with Transnet 

By: Martin Creamer     Updated 5 hours ago Minerals Council South Africa CEO Roger Baxter said on Monday that the council is encouraged by the board level engagement it has undertaken so far with State rail enterprise Transnet and is hoping that this engagement will deliver some very specific results in stabilising rail performance in the... 

Africa House, SAOGA to lead delegation to showcase opportunities in Tanzania

By: Natasha Odendaal     6th February 2023 Research and consulting company Africa House and industry body South African Oil & Gas Alliance (SAOGA) are preparing to lead a delegation to Tanzania in March to help South African firms establish local partnerships, better understand local content development and showcase the significant... 

Record year for mineral production marred by persistent issues, Minerals Council says

By: Tasneem Bulbulia     6th February 2023 The value of South African mineral production achieved a record high for the second consecutive year in 2022, but underlying mining’s considerable contribution to the country’s economy and its citizens, warning lights are flashing for the sector because of constrained transport logistics,... 

Seriti Green raises need for Africa to appraise vanadium as electricity storage battery metal  

By: Martin Creamer     3rd February 2023 Wind farm builder Seriti Green, which is planning substantial electricity storage capacity at its big renewable energy project in Mpumalanga, has raised the need for vanadium to be appraised as a battery storage metal of choice in Africa owing to the difficulties of sourcing lithium batteries.... 

Serious challenges face the South African junior coal mining sector

By: Rebecca Campbell     3rd February 2023 The major problems facing the junior and emerging coal mining sector in South Africa were finance, a dysfunctional regulator and logistical difficulties. These were highlighted in a panel discussion at the Southern African Coal Conference, in Cape Town, on Friday. Minerals Council Junior and... 

South Africa’s century-old Rand Refinery runs at 75% as mines dim

By: Bloomberg     3rd February 2023 South Africa’s largest gold refiner is operating below capacity as output from local mines dwindles and supplies from elsewhere on the continent are scooped up by unaccredited rivals. The 102 year-old Rand Refinery in the east of Johannesburg – the only African refiner accredited with the London... 

Farmers seek new deal as loadshedding threatens industry and food security 

By: Marleny Arnoldi     3rd February 2023 The impact of loadshedding on the agriculture sector is evident at all levels of operation, including logistics and cold chain management, which necessitates urgent responses from farmers and government, lest food security and export sales are put at risk. A report by Nova Economics estimates... 

OEM’s recipe wins bulk of Africa’s projects

By: Tracy Hancock     3rd February 2023 Pumps manufacturer Weir Minerals Africa is the partner of choice for the majority of mining operations in Africa, winning 95% of projects owing to the company’s footprint, the scale of its operations and product offering, says Weir Minerals Africa pump products GM Marnus Koorts. “The number of... 

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