R/€ = 17.11 Change: -0.04
R/$ = 14.13 Change: 0.00
Au 1833.53 $/oz Change: 18.86
Pt 1225.84 $/oz Change: 12.70


Mining output up by 0.8% y/y in February

By: Simone Liedtke     13th April 2021 Total mining output (not seasonally adjusted) unexpectedly grew by 0.8% year-on-year in February after having contracted sharply by a downwardly revised 8.4% year-on-year in January. Nongold mining production grew by 2.4% year-on-year following a contraction of 7.8% year-on-year in January,... 

Big business to approach government with solutions for accelerating infrastructure spending  

By: Terence Creamer     26th March 2021 Big business in South Africa plans to approach government with a series of solutions aimed at narrowing the ever-widening gap between the country’s fixed-investment spending targets and the dismal reality of declining spending on both social and economic infrastructure. Through the National... 

Mining production down in January, but mineral sales up almost 25% 

By: Donna Slater     11th March 2021 Mining production decreased by 6.2% year-on-year in January, with the largest negative contributors being platinum group metals (PGMs), coal and gold, according to the latest Statistics South Africa (Stats SA) report. PGMs slumped by 14.5%, subtracting 3.5 percentage points from the overall... 

Steps being taken to improve manganese export logistics – ARM 

By: Martin Creamer     4th March 2021 Steps involving the use of two ports rather than one, longer trains and increased rail wagon payload are being studied to improve the logistics surrounding the export from South Africa of manganese ore. State-owned rail enterprise Transnet has put on hold the capital expansion plan centred on the... 

Transnet pilots reefer trains to ease road congestion in Cape town

By: Marleny Arnoldi     8th February 2021 To bring about much-needed relief on roads and move goods more efficiently to the ports, Transnet’s Cape Town Container Terminal has piloted an inland operation that will see the haulage of reefer containers from Belcon Inland Terminal, in Bellville, to the port. The collaboration between... 

Export speed-up projects in spotlight at Richards Bay Coal Terminal  

By: Martin Creamer     28th January 2021 South Africa’s Richards Bay Coal Terminal is going all out to raise its export efficiency in a bid to counter ship queuing. With the R1.34-billion worth of stacker reclaimers and shiploaders provided in 2018 putting in solid performances, RBCT has now turned to debottlenecking conveyor projects... 

US climate change drive bodes well for platinum, says WPIC 

By: Tasneem Bulbulia     27th January 2021 Vowing to ‘build back better’, US President Joe Biden has placed climate change high on his administration’s agenda, with plans to achieve 100% clean energy and to commit to net zero by 2050. Underlining its intent, the US re-joined the Paris Climate Agreement, an international treaty on climate... 

Geraldton port gets export boost

By: Esmarie Iannucci     17th December 2020 An additional two-million tonnes of exports have been secured for the Geraldton port over the next two years, after the Mid West Ports Authority, has signed port services agreements with three resources companies set to export from Geraldton for the first time. Fenix Resources will export... 

Iron-ore rattled as crackdown plea from China mills spurs slump

By: Bloomberg     14th December 2020 Iron-ore futures in Singapore tumbled from the highest since 2013 after a leading mills’ group in China stepped up its push for authorities in the top importer to investigate the raw material’s blistering rally. The China Iron & Steel Association called on the State Administration of Market... 

NAIF backs Mardie with A$450m loan

By: Esmarie Iannucci     14th December 2020 The Northern Australia Infrastructure Facility (NAIF) has agreed to provide a A$450-million loan to ASX-listed BCI Minerals for its Mardie salt and potash project in Western Australia The A$498-million Mardie salt and potash project is expected to produce more than four-million tonnes of high... 

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