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China’s ‘green zone’ coal price tested as virus fight continues

By: Bloomberg     13th April 2020 China’s coal prices have sunk to levels that threaten State intervention, but this time policy makers may refrain from doing so as they continue efforts to buttress the economy hurt by the coronavirus pandemic. The government will try to keep power prices low as it pushes to restart the economy,... 

Covid-19 hits China-Africa trade and investment, but impact should fade

By: Rebecca Campbell     10th April 2020 The Covid-19 pandemic has hit African trade with China and is likely to reduce Chinese investment on the continent, the Economist Corporate Network, Baker McKenzie and Silk Road Associates pointed out in their report ‘BRI Beyond 2020’. The BRI is the Belt and Road Initiative, which is China’s... 

Transnet scales back to only essential services, operations

By: Simone Liedtke     27th March 2020 In line with government’s implementation of a three-week lockdown of the country to reduce the spread of the Covid-19 virus, State-owned entity Transnet will be scaling down its transportation services and operations of non-essential cargo during this period. After consultation with various... 

Going green is a good business proposition ­– Schmidt  

By: Martin Creamer     28th February 2020 Going green and ensuring environmental protection is a good business proposition, African Rainbow Minerals (ARM) CEO Mike Schmidt said on Friday. Speaking to Mining Weekly after the company had declared a 25% higher dividend on the back of its platinum division reporting a 193%-better performance... 

Solar power for mines under consideration – Assore 

By: Martin Creamer     21st February 2020 A scoping study is under way into the self-generation of electricity for Assmang’s mines – but not its smelters, Assore CEO Charles Walters said on Friday, when the company reported interim results that were negatively affected by weaker chrome and manganese prices, and lower shipments of... 

Transnet plans to boost the volume of coal transported by rail to Eskom 

By: Kim Cloete     6th February 2020 State-owned Transnet says it is planning to ramp up the amount of coal it transports by rail to power utility Eskom's power stations to 32.5-million tonnes over the next five years, starting with a small increase over the next year. Chief customer officer Mike Fanucchi on Wednesday said Transnet... 

Canavan quits in National leadership spill

By: Esmarie Iannucci     4th February 2020 The resources sector has thanked Matt Canavan for his contribution to the industry, after he quit as federal Resources Minister to support Barnaby Joyce’s challenge for leadership of the National Party. The Minerals Council of Australia (MCA) on Tuesday thanked Canavan for his services to the... 

South African, Botswana coal producers outline prospects for the industry

By: Kim Cloete     3rd February 2020 Coal producers and market players have outlined risks and opportunities for the year ahead as more short-term contracts have been signed with Eskom, junior miners try to carve out a viable way forward and some of the major coal players disinvest from coal assets. While business with Eskom has... 

Exhibition Freighting GSM

31st January 2020 An exhibition, trade show, event or demonstration would not be able to take place without the proper equipment and products. A major player in the exhibition freight forwarding arena in South Africa, Exhibition Freighting GSM (EF-GSM) is the obvious choice to handle the logistics for both local... 

Opec may meet sooner as coronavirus puts oil demand at risk

By: Bloomberg     30th January 2020 The Organisation of Petroleum Exporting Countries (Opec) is considering pushing forward a meeting initially scheduled for March, according to Algeria’s energy minister, after oil prices slumped on concern that the spread of coronavirus would hurt oil demand. Mohamed Arkab said the producer... 

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