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Train collision site near Richards Bay
Recovery efforts under way following derailment of two trains near Richards Bay
16th January 2024 By: Schalk Burger

State-owned Transnet Freight Rail (TFR) is busy with recovery efforts after a derailment in which two trains collided in the early hours of January 14 at Elubana, outside Richards Bay, in... 


Dampier Salt sells WA salt operation for A$375m – Rio Tinto
Dampier Salt sells WA salt operation for A$375m – Rio Tinto
16th January 2024 By: Creamer Media Reporter

Diversified miner Rio Tinto on Tuesday announced the sale of Dampier Salt’s MacLeod salt and gypsum operation in Carnarvon, Western Australia, to privately owned Leichhardt Industrials for... 


China's imports of Mongolian coal set to rise as transport improves
12th January 2024 By: Reuters

China's imports of Mongolian coking coal may rise to a record in 2024, after more than doubling in 2023, on improving transport links and its lower price versus domestic and international supplies,... 


Image of Angola flag and periodics table for neodymium/praseodymium
Longonjo neodymium/praseodymium project, Angola – update
12th January 2024 By: Sheila Barradas

Pensana has made significant strides at the Longonjo mine ahead of main construction starting later this year. 


Pensana progressing activities at Angola project prior to main construction
9th January 2024 By: Tasneem Bulbulia

London-listed Pensana has made significant strides at the Longonjo mine site in Angola ahead of main construction starting later this year. The company is currently busy with civil works for the... 


Coal shipments on Transnet freight-rail network have plunged to 30-year lows and iron-ore railings are at their lowest in a decade
Crumbling South African rail prompts Botswana to forge new route
19th December 2023 By: Bloomberg

Botswana has received unsolicited bids from investors to build a rail line to a Namibian port that will help avoid South Africa and its disintegrating logistics network. The 1 500 km... 


Azure's Andover deposit
SQM ties up with Hancock on $1.1bn bid for Australian lithium developer Azure
19th December 2023 By: Reuters

Chile's SQM has teamed up with Australia's richest person, Gina Rinehart, to make a sweetened A$1.7-billion ($1.14-billion) bid for Australian lithium developer Azure Minerals, the three parties... 


Greenfield project nears full-scale mining
15th December 2023 By: Lynne Davies

The development of the Gugulethu Colliery – a greenfield project located to the southeast of Hendrina and proximate to Davel – is taking place at an “opportune time” as export opportunities for... 


Image of rare earths
Longonjo neodymium/praseodymium project, Angolo – update
15th December 2023 By: Sheila Barradas

An announcement is expected to be made in the first quarter of 2024 regarding the financing of the upfront capital expenditure needed to develop the Longonjo project. 


ITOCHU Africa Bloc CEO Shinya Ishizuka, third from left, with Eastern Cape people at the signing of a memorandum of co-operation with Hive Hydrogen South Africa.
Huge uplift for Eastern Cape on way from South Africa’s R105bn green ammonia project
14th December 2023 By: Martin Creamer

The building of the R105-billion green ammonia project by Hive Hydrogen South Africa is poised to be a huge economic uplift for the Eastern Cape. The large project is the first phase of a... 


Tha Tharisa mine
Tharisa's full-year earnings take a knock, but chrome volumes, prices remain strong
14th December 2023 By: Kenneth Creamer

Miner, processor and marketer of chrome and platinum group metals (PGMs) Tharisa reported a 49.1% year-on-year decrease in earnings a share to $0.27 for the financial year ended September 30.... 


A TFR locomotive
South Africa aims to fire up economic growth with port, rail revival
13th December 2023 By: Bloomberg

South Africa’s government and the business community set a target of boosting the economic growth rate by as much as six percentage points by fixing the country’s collapsing ports and freight-rail... 


Thungela expects volume boost from Aus mine, while rail impacts South African volumes
13th December 2023 By: Marleny Arnoldi

JSE-listed Thungela Resources expects to report 2.9-million tonnes of saleable production from the Ensham operation, in Australia, for the 2023 financial year, which is above the company’s... 


$200m Longonjo financing announcement expected early next year
12th December 2023 By: Darren Parker

An announcement is expected to be made in the first quarter of next year regarding the financing of the $200-million upfront capital expenditure (capex) needed to develop one of the world’s largest... 


Rio Tinto says it is optimistic about China's growth - state media
Rio Tinto says it is optimistic about China's growth - state media
12th December 2023 By: Reuters

Global miner Rio Tinto is optimistic about China's economic growth potential and will stick to its long-term strategy there, its chairman, Dominic Barton, said after a rare meeting on Tuesday with... 


An image of Anglo American CE Duncan Wanblad
Anglo reconfigures some assets as it targets lower costs, capex
8th December 2023 By: Tasneem Bulbulia

Global diversified miner Anglo American is focusing on improving its cost performance and cash generation by reconfiguring several assets to adjust the production profile to near-term constraints... 


Barloworld expects slowdown in mining equipment sales as commodity cycle cools
8th December 2023 By: Irma Venter

Barloworld expects a 10% to 15% decline in the 2024 Southern African mining equipment industry on the back of slowing commodity demand and weak commodity prices. “Having said that, we are... 


Photo of Terence Creamer
No love, but some sympathy
8th December 2023 By: Terence Creamer

There is not much love for ArcelorMittal South Africa (AMSA). The near-monopoly business is seen as over-protected, and under responsive by many of its customers. Many questions have been raised... 


Image of iron-ore stockpile
Belinga Iron Ore project, Gabon – update
8th December 2023 By: Sheila Barradas

The first product was ready for shipment on December 4. 


Image of manganese ore
Chvaletice manganese project, Czechia – update
8th December 2023

Euro Manganese has signed definitive agreements with OMRF for $100-million in nondilutive financing to advance the project. 


Image of iron-ore stockpiles
Simandou iron-ore project, Guinea – update
8th December 2023 By: Sheila Barradas

Rio Tinto has earmarked about $10-billion a year in capital investments from 2024 to 2026. 


The Mogalakwena PGMs mine
Anglo American preps sweeping cost cuts as price rout bites – sources
7th December 2023 By: Reuters

Anglo American is preparing to freeze spending on growth and widen job cuts in South Africa, going far beyond its initial savings target and paving the way to mothballing some higher-cost platinum... 


Simandou stands out as the world’s biggest untapped high-grade iron-ore deposit, and if approved, promises to be the most extensive greenfield integrated mine and infrastructure investment across the African continent.
Rio Tinto investing $10bn/y in capex, spotlight on Simandou
6th December 2023 By: Mariaan Webb

Diversified major Rio Tinto has earmarked about $10-billion a year in capital investments from 2024 to 2026, with the cornerstone of its investment strategy over the next three years being its... 


Rio Tinto brings forward Simandou iron-ore production to 2025
Rio Tinto brings forward Simandou iron-ore production to 2025
6th December 2023 By: Reuters

Rio Tinto on Wednesday brought forward the start of production from its giant Simandou iron ore project in Guinea to 2025 with plans to spend about $6.2-billion including on port and rail... 


Rhodes Ridge has 100Mt/y hub potential, says Rio Tinto
Rhodes Ridge has 100Mt/y hub potential, says Rio Tinto
5th December 2023 By: Creamer Media Reporter

The Rhodes Ridge project, considered to be one of the world’s best undeveloped iron-ore deposits, is progressing to a prefeasibility study (PFS), with Rio Tinto approving A$110-million to advance... 


Trade, Industry and Competition Minister Ebrahim Patel
South African auto sector to produce first EVs in 2026, says Patel at launch of key White Paper
4th December 2023 By: Tasneem Bulbulia

The Department of Trade, Industry and Competition (dtic) on December 4 released the Electric Vehicles (EV) White Paper, as well as the Green Hydrogen Commercialisation Strategy final report.... 


Boegoebaai greenfield site
Sasol appoints adviser to search for Boegoebaai hydrogen export hub coinvestors
1st December 2023 By: Terence Creamer

A financial adviser has been appointed to assist Sasol in a search for potential coinvestors into a green hydrogen and ammonia export hub at Boegoebaai, in the Northern Cape, following the... 


Seifsa president Elias Monage
Opinion: The collapse of the Steel Master Plan and disintegration of industry
1st December 2023

In this opinion article, Steel and Engineering Industries Federation of Southern Africa (Seifsa) president Elias Monage writes about the importance of the steel industry and the challenges the... 


Finance Minister Enoch Godongwana
Treasury says equity injection can be averted as it unveils R47bn Transnet guarantee
1st December 2023 By: Terence Creamer

A R47-billion guarantee facility, effective immediately, has been extended to struggling State-owned freight logistics group Transnet in support of its recovery plan and to meet its immediate debt... 


Magazine cover image
PRASA sets sights on big recovery in passenger trips by 2030
1st December 2023 By: Irma Venter

Like many other State-owned entities, the Passenger Rail Agency of South Africa (PRASA) has had its share of scandals. Its board chairperson was fired following an investigation into abuse of PRASA... 


Exxaro widens critical metals search to greenfield assets
29th November 2023 By: Reuters

Exxaro Resources is expanding its search for critical mineral assets to greenfield projects, the miner said on Wednesday, as it pursues its strategy to diversify away from coal. Exxaro, one of... 


A steel section being made
Finding immediate steel alternatives a concern as AMSA prepares to wind down longs unit
29th November 2023 By: Terence Creamer

ArcelorMittal South Africa (AMSA) has indicated that it will enter discussions with buyers of its noncommodity long-steel products in an effort to limit the disruption that is set to arise because... 


Busa president and Discovery CEO Adrian Gore
Gore warns of ‘plateauing’ pace of delivery on power, logistics, crime reforms
29th November 2023 By: Terence Creamer

Business Unity South Africa (Busa) president Adrian Gore has warned that the pace of delivery across the joint initiatives being taken with government on electricity, logistics and crime is... 


ArcelorMittal South Africa CEO Kobus Verster
ArcelorMittal SA CEO sees no way of avoiding longs closure, says wind down to start in Jan
28th November 2023 By: Terence Creamer

ArcelorMittal South Africa CEO Kobus Verster believes there is no immediate prospect of addressing the structural issues undermining the financial viability of the group’s long-products business... 


Tanzania plans new $5.6bn rail line to iron-ore, coal-rich area
28th November 2023 By: Bloomberg

Tanzania is seeking $5.6-billion for a new railway in the south linking the Indian Ocean to Lake Nyasa and traversing regions rich in iron-ore, coal and graphite. The East African nation is looking... 


The Newcastle Works
3 500 jobs at risk as ArcelorMittal mulls closure of longs units at Newcastle, Vereeniging
28th November 2023 By: Terence Creamer

Steel producer ArcelorMittal South Africa has indicated that it may close its long-products business, which could result in the loss of 3 500 direct and contractor jobs at its Newcastle and... 


An aerial view of load haul dump trucks carrying sand and rubble from the construction site of Pensana's Longonjo Mine in Angola
Angolan rare earth project construction progressing
24th November 2023

Magnet metals miner Pensana, continuing with the site development works for its rare-earth elements Longonjo project, in Angola, reported towards the end of August that it was progressing with site... 


Photo of Terence Creamer
Light from the tunnel?
24th November 2023 By: Terence Creamer

Reform progress in South Africa rarely moves in a straight line from A to B, with the stop/start nature of the country’s electricity reform being a case in point. Nevertheless, there is a... 


Mitchell Drilling image
Exploring a better way
23rd November 2023

Hundreds of exploration projects across Africa have firmly entrenched Mitchell Drilling International (MDI) as a premier exploration partner of choice to leading mining corporations from around the... 


Image of Barloworld emblems and flags
Barloworld expects slowdown in mining equipment sales as commodity cycle cools
20th November 2023 By: Irma Venter

Barloworld expects a 10% to 15% decline in the 2024 Southern African mining equipment industry on the back of slowing commodity demand and weak commodity prices. “Having said that, we are... 


BHP train drivers to start 'restrained' industrial action on Friday
BHP train drivers to start 'restrained' industrial action on Friday
20th November 2023 By: Reuters

Around 400 train drivers for BHP's Western Australian iron ore division will begin industrial action late this week after rejecting an offer that they said fell short on working schedules, a union... 


TFR locomotives
More than half of copper cables on TFR's lines replaced with aluminium alternative
17th November 2023 By: Darren Parker

Transnet has, so far, replaced about 55% of the copper cables across its national railway network with an aluminium conductor steel reinforced (ACSR) cable called Tiger Wire, Transnet Freight Rail... 


QRC appoints BMA's Lancey its president
17th November 2023 By: Creamer Media Reporter

The Queensland Resources Council (QRC) has appointed Adam Lancey its new president, succeeding Brent Gunther who is stepping down after four years in the role. Lancey is asset president of BHP... 


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