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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... 

Oil hovers near $50 on signs Opec+ virus action not imminent

By: Bloomberg     10th February 2020 Oil hovered around $50 a barrel on signs an extraordinary Opec+ meeting to decide on further production cuts to deal with the demand hit from the coronavirus is looking less likely. Ministers from the group and its allies are unlikely to hold an early meeting this month, while one planned for... 

Consortium makes Richards Bay gas-to-power proposal in response to DMRE’s call for emergency solutions  

By: Terence Creamer     7th February 2020 A black-empowered consortium that includes companies with extensive gas-to-power experience has made a formal submission to the Department of Mineral Resources and Energy (DMRE) in which plans for power generation plants capable of adding between 300 MW and 3 300 MW to South Africa’s grid within... 

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... 

Public, private sector collaboration bearing fruit across various sectors

By: Marleny Arnoldi     24th January 2020 The private sector and government have made progress in several areas of South African industry since launching the Public Private Growth Initiative (PPGI). In particular, progress has been made in terms of water use licences and the recapitalisation of State forestry assets.  

ICTSI wins top ASEAN logistics plum in a row

21st January 2020 For the second straight year, International Container Terminal Services, Inc. (ICTSI) was recognized for its outstanding performance and promoting greater regional inclusivity in the ASEAN logistics sector. The ASEAN Business Advisory Council (ASEAN-BAC), the lead private sector initiative... 

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