R/€ = 18.43 Change: -0.25
R/$ = 15.14 Change: -0.20
Au 1854.80 $/oz Change: -7.94
Pt 1104.00 $/oz Change: -5.89

Cover Story

Bullish sentiment about PGMs sector’s immediate outlook, long-term potential

By: Nadine JamesSpeakers at the September 9 virtual 2020 PGMs Industry Day, hosted against the backdrop of historically high prices for certain platinum-group metals (PGMs), seemed cautiously optimistic about the immediate outlook for, and long-term potential of, the PGMs sector. The event, organised by... 

Bullish sentiment about PGMs sector’s immediate outlook, long-term potential

First Word

South Africa must seize its huge new-world opportunities immediately

By: Martin CreamerIf we work together, we can treble the size of our platinum industry. Why don’t we? Minerals Council South Africa has an already-drafted plan to take South Africa from the $11-billion -a-year business that it is today to the $35-billion-a-year, yes dollar, business it could be. The hydrogen, fuel... 

South Africa must seize its huge new-world opportunities immediately

News & Insight

August new-vehicle sales decline by a disappointing 30%

By: Irma VenterTotal South African new-vehicle sales declined by 26.3% in August to 33 515 units, compared with the 45 484 vehicles sold in the same month last year. The new-passenger-car market fell by 32.6% to 19 545 units. 

Big loss for Gautrain predicted as ridership falls, owing to Covid-19

By: Irma VenterWeekday Gautrain rail ridership has fallen to 7 478 passenger trips a day, about 14% of pre-Covid-19 levels, says Gautrain Management Agency (GMA) COO Tshepo Kgobe. Bus ridership is at 16% of pre-Covid-19 levels, at 2 974 passenger trips a day. 

Big Toyota investments proceeding, despite Covid-19

By: Irma VenterToyota Motors South Africa (TSAM) is going ahead with its three big investment projects, despite the Covid-19 pandemic, says TSAM president and CEO Andrew Kirby.  “Largely, we have been able to protect and secure all of our big projects that were originally planned in 2019, despite the fact that... 

British government announces major quantum computing initiatives

By: Rebecca CampbellThe UK government recently and formally launched the country’s National Quantum Computer Centre. The creation of this centre was first announced in 2018 and the government has committed £93-million to the initiative. The launching of the centre was announced at the Virtual Quantum Summit at the... 

Bulk infrastructure works start at Tambo Springs Logistics Gateway

By: Irma VenterConstruction of bulk infrastructure at the Tambo Springs Logistics Gateway has started. This development, located on the southern border of the Johannesburg and Ekurhuleni metros, is connected by road and rail corridors between Johannesburg and Ekurhuleni, in Gauteng; Durban, in KwaZulu-Natal;... 

Digital transformation no longer just a ‘nice-to-have’

By: Natasha OdendaalThere is an emerging digital awakening as the Covid-19 pandemic brings about the reality that digital transformation is no longer a nice-to-have, but rather a critical part of businesses’ sustainability moving forward. However, an essential element of the digital transformation journey is about... 

FedEx reports strong demand during lockdown

By: Schalk BurgerExpress transportation company FedEx Express South Africa has recorded strong domestic demand for its services during lock-down, and credits its employees for meeting this demand and operating in difficult conditions, says FedEx Express Southern Africa MD André Bresler. One of the core sources of... 

Head of largest women-owned engineering firm troubled by lack of work

By: Terence CreamerThe chief executive officer of South Africa’s largest black- and women-owned consulting engineering company is concerned about the current dearth of infrastructure-related workflow within the profession, which is typically at the forefront of preparing projects for implementation. In fact, Malani... 

Head of largest women-owned engineering firm troubled by lack of work

Initiative to accelerate technology strategies amid aerospace industry decline

By: Mamaili MamailaThe Aerospace Industry Support Initiative (AISI) plans to continue building technology strategies with industry for long-term implementation amid the industry’s decline of late. 

Initiative to accelerate technology strategies amid aerospace industry decline

Lesotho aims to ‘go big’ on agriculture amid Agoa textiles uncertainty

By: Terence CreamerLesotho Prime Minister Dr Moeketsi Majoro reports that the country aims to overhaul its underperforming agricultural sector with the objective of improving both food security and attracting export-oriented investment into the production of high-value crops, such as fruit, vegetables and... 

Lesotho aims to ‘go big’ on agriculture  amid Agoa textiles uncertainty

Long-awaited spectrum auction to take place in March

By: Natasha OdendaalThe Independent Communications Authority of South Africa (Icasa) plans to auction the long-awaited high-demand spectrum in March next year. Excluding the emergency spectrum issued early this year, this will be the first time in ten years that telecommunications companies will gain access to the... 

Mining corporate activity to continue despite Covid-19 restrictions

By: Simone LiedtkeMergers and acquisitions (M&As) and joint ventures (JVs) are expected to continue over the next 12 months, but some changes to usual due diligence process might be needed. In a Mines and Money-hosted webinar and panel discussion on September 2, Harvey Law Group foreign registered lawyer Amelia... 

Nasa successfully ground-tests improved rocket booster and flight-certified spacecraft

By: Rebecca CampbellThe US National Aeronautics and Space Administration (Nasa) has successfully tested what could be described as the ‘Mark 2’ version of the booster rocket for its heavy Space Launch System (SLS). The SLS boosters are the most powerful booster rockets ever built for flight operations and their... 

Role of communication in conservation

By: Creamer Media Reporter Rendani Nenguda, a conservation researcher, argues that conservation efforts will not achieve the intended outcomes unless practitioners master the art of communicating our science The role of the Research and Conservation division of Oppenheimer Generations is to support, fund and facilitate... 

Role of communication  in conservation

Sanedi to assess and assist key industrial sectors in SA

By: Creamer Media Reporter In this opinion piece, Barry Bredenkamp stresses that energy efficiency should be the responsibility of every industrial sector, no matter how small it may be. In efforts to boost South Africa’s energy efficiency and reduce its greenhouse-gas emissions, no stone should be left unturned when it... 

Sanedi to assess and assist key industrial sectors in SA

Sasol seeks carbon-utilisation solutions for South African operations

By: Terence CreamerEnergy and chemicals group Sasol has initiated a process through which it aims to identify potential partners for the development and demonstration of technologies that can utilise the carbon dioxide (CO2) produced at its South African operations as part of a broader strategy to lower its... 

Sasol seeks carbon-utilisation solutions for  South African operations

Security function now top priority at PRASA, says CEO

By: Irma VenterWhile Covid-19 has given the Passenger Rail Agency of South Africa (PRASA) the opportunity to “stop and think” about its service offering and the way forward for the rail entity, it also left the door open for severe vandalism of its assets during the national lockdown, says CEO Nosipho Damasane.... 

Editorial Insight

Vital lessons

By: Terence CreamerWith terms like ‘implementation’ and ‘infrastructure’ dominating South Africa’s current Covid-19 recovery narrative, timely insights on what distinguishes successful projects from unsuccessful ones are provided in a recent paper prepared for the National Planning Commission. Written by engineers... 

Vital lessons

Mining Weekly News

Condra secures order for high-lift cranes

By: Natasha OdendaalCondra has secured an order for two high-lift machines for a diamond mine in Botswana from Canadian-based consulting engineer JDS Energy & Mining. Manufacturing is set to start at Condra’s main works in Johannesburg after the order was placed through a Johannesburg-based buying house in August. 

Joburg’s mine dumps should come down to cut commute time – DRDGold

By: Martin CreamerSouth Africa Inc should be doing much more to incentivise the recovery of precious metals from tailings dams for sound societal and environmental reasons that could free Johannesburg of its artificial ‘Berlin Wall’-type political legacy barriers that tilt commute times unfairly and block new-era... 

Joburg’s mine dumps should come down to cut  commute time – DRDGold

Lagging platinum being actively promoted – Implats

By: Martin CreamerDemand for platinum, the price laggard of the high-flying platinum group metals basket, is being actively promoted on several fronts, Implats reported on Thursday. Following the company’s presentation of stellar cash-generating and dividend-yielding financial results, which featured a gross... 

Lagging platinum being actively promoted – Implats

South Africa must link tax laws to job creation, says ARM’s Motsepe

By: Martin CreamerThe private sector worldwide is the engine for job creation, in partnership with trade union organisations, government and communities, and South Africa must link its tax legislation to job creation. That is the view African Rainbow Minerals (ARM) executive chairperson Dr Patrice Motsepe... 

South Africa must link tax laws to job creation, says ARM’s Motsepe

Warning of ‘tremendous challenges’ in supply of platinum for investment

By: Simone LiedtkeInterest in platinum bars and coins is currently very high, but Germany-based MD Daniel Marburger warns that the industry is facing “tremendous challenges” with supply, especially as there are limited new product announcements, meaning that demand cannot be met. With the advent of... 

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