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Minerals Council says collaboration is key to unlocking growth-supporting infrastructure

By: Nadine James     22nd October 2021 There have been positive developments since the introduction of the Economic Reconstruction and Recovery Plan in October last year, and while implementation has been delayed, continued engagement between Minerals Council South Africa and government, as well as the current commodities price... 

Minerals Council says collaboration is key to unlocking growth-supporting infrastructure

By: Nadine James     22nd October 2021 There have been positive developments since the introduction of the Economic Reconstruction and Recovery Plan in October last year, and while implementation has been delayed, continued engagement between Minerals Council South Africa and government, as well as the current commodities price... 

Coal and iron pile up in South Africa on rail constraints

By: Bloomberg     21st October 2021 Kumba Iron Ore’s struggle in getting supplies to ports is further highlighting the constraints South Africa faces in exporting key commodities including coal. The continent’s top iron ore producer said its premium steelmaking material is being held up at mines in South Africa’s Northern Cape... 

Kumba lifts third-quarter output but port, weather disruptions impact on sales

By: Simone Liedtke     21st October 2021 South African iron-ore miner Kumba Iron Ore’s production increased to 10.8-million tonnes during the third quarter, ended September 30, but equipment breakdowns at the Port of Saldanha Bay and weather disruptions affected ship movements, resulting in lower sales of 10.1-million tonnes. Owing to... 

Transnet restores some operations at Richards Bay after fire

By: Reuters     19th October 2021 South African monopoly port operator Transnet said on Monday it had restored many of its operations since a fire broke out at its Richards Bay terminal last week, but that it still needed to ensure affected areas where safe before resuming others. Richards Bay Bulk Terminal, Africa's largest coal... 

Thungela lowers production guidance owing to deteriorating rail performance  

By: Tasneem Bulbulia     18th October 2021 JSE-listed coal exporter Thungela Resources says that, following an initial recovery in the performance of Transnet Freight Rail (TFR) subsequent to the yearly maintenance shutdown in July, rail performance has continued to deteriorate in the second half of the year. Thungela consequently... 

Weekly SA Coal Report

18th October 2021 Another incredibly volatile week with Chinese domestic prices reaching new highs, although both physical and paper coal markers sold off together with power and gas prices. As coal continues to lag gas prices, the positive dark spread continues to drive demand for coal in Europe, continuing to... 

Second fire in a week hits South Africa's Richards Bay port

By: Reuters     14th October 2021 South Africa's port operator Transnet said on Thursday it was investigating a second fire in a week at the Richards Bay port, a commodities export hub, after a blaze broke out at a terminal there on Wednesday evening. The latest fire affected the conveyor system for Transnet Port Terminals, the... 

Bidding process initiated for Ngqura manganese export terminal 

By: Terence Creamer     11th October 2021 The Coega Development Corporation (CDC) has issued a request for proposal (RFP) for service providers able to offer a technical solution for a proposed greenfields manganese export terminal at the deep-water Port of Ngqura, in the Eastern Cape. The CDC has been appointed as the implementing agent... 

Potential growth for S African shipping sector

By: Khutso Maphatsoe     8th October 2021 The harbour and offshore services industry should consider ramping up their services to ships passing the South African coast, to about 10% of the total passing traffic, where every ship serviced has a minimum spend of about $10 000, says independent tug and offshore vessel operator Offshore... 

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