R/€ = 17.34 Change: -0.04
R/$ = 14.59 Change: -0.03
Au 1814.19 $/oz Change: -1.17
Pt 1051.85 $/oz Change: -26.65


Anglo American, iron-ore export line, PGMs make headlines   

30th July 2021 Mining Weekly Editor Martin Creamer unpacks Anglo American’s record half-year financial performance; Transnet & Kumba Iron Ore working to refurbish the iron-ore export line; and Anglo American Platinum eyeing computing and food technology as areas of opportunity for Platinum Group Metals.   

On-The-Air (30/07/2021) 

By: Martin Creamer     30th July 2021 Mining is making record profits and paying massive taxes just when South Africa desperately needs it; Transnet is working with business to ensure that more iron-ore is exported at a time of high demand; and the clever marketing of South Africa’s platinum group metals is paying off handsomely. 

Kumba working with Transnet to fix tracks so that rail speed can be lifted  

By: Martin Creamer     27th July 2021 Anglo American group mining company Kumba Iron Ore, which on Tuesday reported a superb set of record half-year results, is working with Transnet to refurbish the iron-ore export line so that trains can travel at a higher average speed than the current 30 km/h. In the six months to June 30,... 

Poor port performance costing South Africa money, jobs 

By: Irma Venter     23rd July 2021 The time currently wasted at the Durban port, owing to poor performance and inefficiency, is having a direct impact on employment generation, poverty reduction and economic growth in South Africa, says Martin Humphreys, the global lead for transport connectivity and regional integration at the... 

Assmang calls force majeure on manganese alloys in South Africa

By: Bloomberg     19th July 2021 Assmang issued a notice of force majeure on manganese alloys production from its facilities in KwaZulu-Natal province, South Africa, according to an email from Rorie Wilson, an alternate director at the company. The mining company declared force majeure to customers last week due to civil unrest... 

Second train derails on South Africa’s coal-export line

By: Bloomberg     13th July 2021 State-owned rail company Transnet is investigating a second derailment in as many weeks on the nation’s main coal-export line. A locomotive traveling from Richards Bay, the site of Africa’s biggest coal terminal, derailed on July 11, shutting the route until the following day, the company said by... 

Weekly Coal Index Report

12th July 2021 Although coal prices are a little off their highs, talk is already abounding of new coal mine investment… everywhere except for South Africa it would seem. Botswana and Tanzania are turning to Chinese investors to develop new coal reserves and rail link lines. In the case of Tanzania, a major new... 

Mercedes-Benz SA starts production of new C-Class, in talks about deepening of East London harbour 

By: Irma Venter     9th July 2021 Mercedes-Benz South Africa (MBSA) has started production of the new C-Class, the W206, at its East London plant, in the Eastern Cape. Production will include a plug-in hybrid, starting in the fourth quarter of the year. 

Transnet reviewing emergency procurement after coal train derailment 

By: Donna Slater     6th July 2021 Following a derailment of 30 coal wagons on July 3, State-owned rail company Transnet has reopened the Dassieshoogte Line 2 to Richards Bay, but with a speed restriction in force. A 208-wagon coal export train derailed near Vryheid, with no injuries reported.  

Mining vital to economy, can help guide country's path – President 

By: Martin Creamer     5th July 2021 Mining is vital to the South African economy and the opportunities that exist in mining can help guide the country’s path to a more inclusive and equitable economy, President Cyril Ramaphosa stated on Monday. Writing in his From the Desk of the President column, Ramaphosa placed mineral and... 

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