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ASX-listed Jupiter Mines recorded a consolidated net profit of $33-million for the half-year ended August 31, on the back of its $46-million share of net profit from its investment in Tshipi é Ntle...
South African iron-ore miner Kumba Iron Ore has revised its full-year export sales guidance lower to between 36-million and 37-million tonnes, compared with the previously guided 38-million to...
Better-than-expected revenue collection enabled Finance Minister Enoch Godongwana to report an improvement in government’s fiscal position relative to the one forecast in the February Budget....
Transnet Freight Rail (TFR) CEO Sizakele Mzimela reports that the group’s plan to procure new locomotives will be put on hold in light of the recent in principle agreements reached between Transnet...
The South African Transport and Allied Workers Union (Satawu) has called off its strike at Transnet, ending a boycott that paralysed the state-owned logsitics firm and impacted commodities exports...
Transnet said worker activity at its operations has returned to levels as high as 80% since the entity inked its three-year wage deal with the United National Transport Union (UNTU). Transnet and...
The South African Transport and Allied Workers Union (Satawu) has vowed to continue striking at Transnet, calling the entity's three-year wage deal with the United National Transport Union (UNTU) a...
Transnet announced on Monday that it had reached an agreement with the United National Transport Union (UNTU) for a three-year wage deal. UNTU represents 54% of unionised employees at Transnet.
A strike at South Africa’s port and rail operator Transnet that’s cost bulk mineral exporters as much as R9.8-billion continued for a twelfth day, with the company and labour unions struggling...
Badly maintained roads results in the increased cost of logistics which is exacerbated by the unreliable railway system, which results in an increase of cargo transported by road. This cost is then...
As the impasse between Transnet and its two recognised unions – the United National Transport Union (Untu) and the South African Transport and Allied Workers Union (Satawu) – continues, organised...
The price of importing coal to Europe’s largest ports rose the most since May as a strike in South Africa curtails shipments of the fuel during the middle of an energy crisis. The action by...
Without basic infrastructure to deliver energy and water, and to facilitate mobility and communication, South Africa’s growth prospects will remain constrained. Greenfield and brownfield...
Transnet and its recognised unions – the United National Transport Union and the South African Transport and Allied Workers Union – will reconvene talks at the Commission for Conciliation,...
Why does it take 354 working days for South Africa’s Department of Mineral Resources and Energy (DMRE) to issue a prospecting right which Botswana accomplishes in 40 days? Mineral Council South...
The strike by employees at Transnet’s port and rail operations is going to cost the economy billions of rands and will likely set back the country’s efforts to drive a recovery, says business...
Diversified mining major Anglo American’s Kumba Iron Ore subsidiary has implemented contingency plans to safeguard its assets and minimise the impact on operations following the notice of force...
ASX-listed Jupiter Mines has warned the market that nationwide strike action by some employees of South African State-owned rail and port services provider Transnet may affect the Tshipi Borwa...
State-owned ports and freight rail operator Transnet declared force majeure on the same day that strike action began, the third time Transnet has taken this drastic step since July last year. “At...
Menar expands and diversifies mineral assets in a show of confidence for the future of mining in South Africa South Africa’s mining industry is still worthy of additional investments, chairman of...
Coal miner Thungela Resources says it does not expect a strike by State-owned Transnet's rail and port employees to have a significant impact on its coal sales for the fourth quarter, unless the...
State-owned Transnet has advised that, with some employees across its operations embarking on strike action following non-resolution in the ongoing wage negotiations, contingency plans will be...
State-owned Transnet will formally table an improved wage offer to the leadership of its recognised labour unions – the South African Transport Allied Workers’ Union (Satawu) and the United...
State-owned Transnet has applied to the Commission for Conciliation, Mediation and Arbitration (CCMA) to convene conciliation discussions regarding the group’s current wage negotiations with labour...
Public Enterprises Minister Pravin Gordhan has unveiled the names of the much-anticipated new Eskom board, which includes five engineers and a trade unionist, and which will be led by Mpho Makwana,...
Thungela Resources has soared more than 1 300% since the South African coal miner was carved out of Anglo American Plc last year. But despite this scorching rally, investors value the stock at a...
The Joburg Indaba, hosted by mineral resources, energy and mining conference specialists Resources 4 Africa, draws together captains of the industry, government officials and investors to present...
The Boegoebaai green hydrogen hub in the Northern Cape can be a strategic project to open Southern Africa’s full green energy potential. A 24-month study of the strategic potential of the hub is...
Botswana-listed coal miner Minergy has reported “remarkable growth” in revenue from P193-million in the 2021 financial year, to P425-million in the 2022 financial year. The company achieved the...
Unmanned aerial vehicles (UAVs) and drones will, for the first time, be flown at the upcoming 2022 biennial Africa Aerospace and Defence (AAD) Expo, while the attendance of private-sector oil and...
JSE-listed industrial minerals, bulk commodities and construction materials miner Afrimat reports that, compared with the first quarter of this year, the construction sector managed to increase the...
State-owned Transnet Freight Rail (TFR) and the South African Police Services (SAPS) on September 8 undertook a joint operation in response to the spike in incidents of theft of ferrochrome being...
Local manufacturers and independent blenders of petroluem byproducts have to increase import expenses, owing to the shutdown of oil refineries, says lubricants manufacturer Oilflow director Enoch...
There’s a sensorily magical moment when you witness a fully locked-and-loaded freight train as it begins to deploy its until-then preserved potential energy, to slowly yet decisively haul a...
State-owned Transnet Freight Rail (TFR) says it concluded the repair work on its North Corridor in a record time of 15 hours on September 7. Earlier in the day, TFR issued a media statement saying...
Transnet Freight Rail’s (TFR) reports that its North Corridor was hit by two major incidents of cable theft late on the night of September 6, leading to the line’s closure for 18 hours. The...
Transportation service provider Jacobs Transport has outgrown its current yard space and will be redesigning the company’s modus operandi to conform with business requirement flow. The company...
While some progress has been achieved in tackling the high rate of theft and vandalism on critical infrastructure networks across the country, there is still considerable work to be done to ensure...
Diversified minerals and energy company Exxaro is eyeing green hydrogen, new Exxaro CEO Dr Nombasa Tsengwa disclosed on Thursday when the JSE-listed company reported 147%-higher half-year group...
In a letter issued by President Cyril Ramaphosa on August 29, he said his administration's efforts to root out corruption were starting to yield results, with the Hawks reporting that, between the...
Former Transnet chief executive officer (CEO) Brian Molefe, Anoj Singh, the parastatal's former finance boss, and their co-accused were granted bail on Monday after being arrested in connection...
Although precluded from divulging any specific financial information during a pre-close briefing held on August 26, JSE-listed midtier construction materials, industrial minerals and bulk...
South Africa's Transnet announced on Friday a deadlock in wage negotiations, with two labour unions raising the prospect of a strike that could further cripple the State-owned logistics company and...
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