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IRP 2023 could reset South Africa’s social and economic woes if implemented correctly
IRP 2023 could reset South Africa’s social and economic woes if implemented correctly
18th March 2024

ACTOM recently held a webinar on the “Draft IRP2023 Impact on the Manufacturing Sector”, with the following panellists (Mervyn Naidoo, Group CEO ACTOM, Phillipa Rodseth – Executive Director,... 


An image of Thungela CEO July Ndlovu
Thungela delivers strong financial performance despite rail, price headwinds
18th March 2024 By: Tasneem Bulbulia

Thermal coal exporter Thungela Resources says it delivered a resilient performance for the year ended December 31, 2023, which underpinned strong cash generation and a robust net cash position.... 


Independent expert finds Goldway’s offer not ‘fair, reasonable’ – MC Mining
18th March 2024 By: Marleny Arnoldi

JSE-, ASX- and Aim-listed coal miner MC Mining says a report prepared by an independent expert from BDO Corporate Finance that the takeover offer it received from Goldway Capital Investment in... 


Afri-Tech’s Power Nozzle readying for intra-Africa export
Afri-Tech’s Power Nozzle readying for intra-Africa export
17th March 2024 By: Tracy Hancock

Krugersdorp-based Afri-Tech Mining Supplies’ award-winning Power Nozzle is destined for export to Ghana, Mali, Tanzania, Botswana and Namibia before mid-year, with at least ten other sub-Saharan... 


MC Mining MD and CEO Godfrey Gomwe
MC Mining achieves interim revenue growth despite challenging coal market
15th March 2024 By: Tasneem Bulbulia

Coal miner MC Mining’s strong revenue growth through the six months ended December 31, 2023 were “very pleasing” considering the challenging coal market, MD and CEO Godfrey Gomwe avers. During the... 


Electricity pylons
South Africa takes next step toward opening up electricity trade
15th March 2024 By: Bloomberg

South Africa moved a step closer toward creating a competitive electricity market after legislation that establishes the framework cleared another hurdle. The Electricity Regulation Act Amendment... 


Power lines
South Africa’s next energy challenge: A R390-billion grid upgrade
15th March 2024 By: Bloomberg

South Africa is facing a monumental challenge as it seeks to end years of rolling electricity outages that have hobbled the economy: It needs to build and fund a R390-billion expansion of the... 


Eickhoff image
Eickhoff – A 160-year-long legacy of coal mining
15th March 2024

Since 1864, underground mining equipment manufacturer Eickhoff has been improving the lives of coal miners with the production of coal mining machines, having made the first coal cutting system in... 


a glass bottle with clear methanol inside and a sticker on with the chemical compound breakdown on the front
Methanol surge expected to continue
15th March 2024

In recent years, the demand for methanol has witnessed a significant surge, particularly within the marine and construction industries, states analytical reportage company Persistence Market... 


Fatima-Joyce Packery, CEO of PF Africa Mining
Fatima-Joyce Packery
15th March 2024 By: Martin Zhuwakinyu

This week we profile Fatima-Joyce Packery, CEO of PF Africa Mining, which operates ferrochrome recovery plants 


The end of 2023 marked the start of production from Kangra's Belgarthen Adit project
Innovation, sustainability key to coal expansion
15th March 2024 By: Donna Slater

Expanding upon successful initial foundations, coal miner Kangra’s recent initiative in Mpumalanga towards the end of 2023, marked by the start of production at the miner’s underground Belgarthen... 


Exxaro media briefing.
Wind generation up, solar operational soon, Exxaro reports
14th March 2024 By: Martin Creamer

Group wind power generation last year increased by 8% and the Lephalale solar power project is on its way to being operational in the first quarter of next year, Exxaro CE Dr Nombasa Tsengwa... 


MC Mining receives second supplementary bidder's statement from Goldway
14th March 2024 By: Creamer Media Reporter

An independent board committee (IBC) established by JSE-, ASX- and Aim-listed MC Mining to assess an off-market takeover bid by Goldway Capital has reiterated a call to shareholders to take no... 


South32 shuffles Australia lead team deck
14th March 2024 By: Creamer Media Reporter

As South32 prepares for the impending sale of the Illawarra metallurgical coal mine, the company has announced changes to its lead team in Australia. Jason Economidis, currently South32 COO for... 


Exxaro CE Dr Nombasa Tsengwa.
Exxaro declares R5.4bn dividends, green energy business thriving
14th March 2024 By: Martin Creamer

Diversified mining company Exxaro, with interests in the coal, energy and ferrous markets, has declared final and special dividends. The share dividend of R10.10 a share is roughly R3.4-billion and... 


Wyloo says industry will turn from LME without green nickel
14th March 2024 By: Reuters

Nickel miner Wyloo, owned by Australian mining magnate Andrew Forrest, said that if the London Metal Exchange (LME) doesn't launch a green nickel contract, the industry will have to look for... 


Glencore should keep its coal mines, investor says
Glencore should keep its coal mines, investor says
14th March 2024 By: Bloomberg

Glencore should keep its coal business even after it completes a deal to buy Teck Resources Ltd.’s coal-mining unit, according to shareholder Tribeca Investment Partners. Coal mine ownership has... 


Activist Tribeca asks Glencore to move main listing to Sydney, FT reports
Activist Tribeca asks Glencore to move main listing to Sydney, FT reports
14th March 2024 By: Reuters

Activist investor Tribeca Investment Partners has called on Glencore to shift its primary listing from London to Sydney and abandon a plan to spin off its profitable coal business, the Financial... 


Amid nickel glut, Indonesia's next President vows to keep 'downstreaming' policy
13th March 2024 By: Reuters

Indonesia's incoming president, Prabowo Subianto, has pledged to continue predecessor Joko Widodo's nickel "downstreaming" policy but faces the task of reducing oversupply while pushing to... 


China coal group says US curbs on Russia to keep prices high, hurt exports
13th March 2024 By: Reuters

Tougher US sanctions on Russia's coal firms will keep global prices of high-calorific-value coal high in the near term, affecting a fifth of the latter's coal exports, a Chinese industry group... 


In 2023, CEVA Logistics won the award for the “Most Innovative Supply Chain Project”. Pictured are (from left): Nicola Stewart, Cynthia Nkosi, Glynis Jordan, Terrence Martin and Nicholas Somerai from CEVA Logistics, with Africa Supply Chain Excellence Awards director Liesl de Wet
Supply chain professionals wishing to have their achievements recognised and help to raise the standards of supply chain management across Africa have just two weeks left to enter this year’s prestigious Africa Supply Chain Excellence Awards
13th March 2024

With entries closing on 27 March 2024, the organisers of this annual showcase are urging African supply chain professionals to get their submissions in soon and help to shape the future of supply... 


BC exploration remains robust despite first y-on-y drop in a decade
BC exploration remains robust despite first y-on-y drop in a decade
13th March 2024 By: Mariaan Webb

British Columbia's exploration industry has found itself resilient in the face of global headwinds, remaining strong through the impact of climbing interest rates, economic turbulence and... 


A locomotive and wagons owned by Transnet Freight Rail
Africa’s biggest freight rail market set for private operators
13th March 2024 By: Bloomberg

Africa’s biggest freight rail market is on the cusp of being transformed by private operators, the head of the operator of the continent’s largest rolling-stock fleet said. The South African... 


Methane emissions in the oil and gas industry
Energy industry’s methane emissions near record despite pledges
13th March 2024 By: Bloomberg

Global methane emissions from fossil fuels held near a record high last year, the International Energy Agency (IEA) said in its annual 'Methane Tracker' report, renewing concerns that governments... 


MCA CEO Tania Constable warns against the oversimplification of traditional commodities as mere
Australia risks losing economic backbone, mining industry warns
13th March 2024 By: Creamer Media Reporter

Minerals Council of Australia (MCA) CEO Tania Constable has warned that the nation is jeopardising its “economic golden goose” and has called for more support for the mining industry. In an... 


Two separate coal mine accidents kill 12 in China
12th March 2024 By: Reuters

wo separate coal mine accidents have killed 12 people in China over the last 24 hours, state broadcaster CCTV reported, the latest incidents to plague the industry after the government recently... 


Vulcan offer falls through, but MC Mining still recommends not accepting Goldway deal
12th March 2024 By: Creamer Media Reporter

The JSE share price of triple-listed coal miner MC Mining fell by nearly 16% on March 12, after the company announced that fellow coal miner Vulcan Resources would not proceed with a formal buyout... 


Dartbrook back in production by mid-year, says AQC
Dartbrook back in production by mid-year, says AQC
12th March 2024 By: Mariaan Webb

The Dartbrook coal mine, in the Hunter Valley of New South Ales, will be back in production by the middle of 2024, after 18 years in care-and-maintenance. Australian Pacific Coal (AQC) is... 


SDCEA, groundWork approach court to review Richard's Bay gas-to-power plant
11th March 2024 By: Schalk Burger

Environmental justice groups groundWork and the South Durban Community Environmental Alliance (SDCEA), represented by the Centre for Environmental Rights (CER), have filed a review application to... 


Electricity Minister Kgosientsho Ramokgopa
Eskom mulls integration of Vgbe report recommendations into revised recovery plan but hints at ‘inaccuracies’
11th March 2024 By: Terence Creamer

Electricity Minister Kgosientsho Ramokgopa says Eskom’s new CEO, Dan Marokane, will offer a comprehensive outline of a revised generation recovery plan that will seek to integrate recommendations... 


African Rainbow Minerals (ARM) CEO Phillip Tobias.
ARM CEO commends workforce for heeding clarion call to improve volume, cost, grade
11th March 2024 By: Martin Creamer

Full ownership and execution of factors that are within management’s control are being elevated to the highest possible level by African Rainbow Minerals (ARM) CEO Phillip Tobias. ARM has sharpened... 


China’s big policy meet offers little to excite commodity bulls
China’s big policy meet offers little to excite commodity bulls
11th March 2024 By: Bloomberg

China’s highest profile political event of the year provided little cheer for commodities bulls hoping for a jolt to demand in the world’s biggest market for raw materials. The National People’s... 


Image of the Booyco Proximity Detection Systems solution
Proximity detection systems adopted by mines
8th March 2024

There is an increased focus on rolling out proximity detection systems (PDS) as surface mines seek to comply with gazetted regulations, notes PDS specialist Booyco Electronics. Company CEO Anton... 


African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe.
We are committed to confronting climate change – ARM
8th March 2024 By: Martin Creamer

African Rainbow Minerals (ARM) executive chairperson Dr Patrice Motsepe said during Friday’s presentation of dividend-yielding results that his diversified mining company is committed to... 


MC Mining receives off-market cash takeover proposal
8th March 2024 By: Sabrina Jardim

Coal miner MC Mining’s share price on the JSE rose by more than 6% on March 8, after announced that it had received a letter from fellow coal miner Vulcan Resources outlining a non-binding proposal... 


Business Unity South Africa president Mxolisi Mgojo
Mgojo says collaborative efforts will enable Transnet to report higher volumes than initially forecast
8th March 2024 By: Terence Creamer

Business Unity South Africa president Mxolisi Mgojo reports that the collaboration between business and government to turn around the performance of Transnet could result in the struggling... 


Photo of Martin Creamer
On-The-Air (08/03/2024)
8th March 2024 By: Martin Creamer

Martin Creamer talks about iron-ore, manganese and platinum use. 


China coal group says peak demand imminent as clean power grows
China coal group says peak demand imminent as clean power grows
8th March 2024 By: Bloomberg

China is rapidly approaching peak coal consumption, but the fossil fuel’s role in helping to address energy security concerns means its use will plateau for some time after that, according to the... 


Whitehaven’s metallurgical coal acquisition unconditional
Whitehaven’s metallurgical coal acquisition unconditional
8th March 2024 By: Creamer Media Reporter

Australian coal miner Whitehaven is on track to double the size of its business and transforming the company into a leading metallurgical coal producer. The ASX-listed miner has satisfied all... 


China coal imports seen flat in 2024, State-run utility says
8th March 2024 By: Bloomberg

China's coal imports are expected to be little changed in 2024, despite expectations for an increase of 4% in demand for the polluting fuel, a senior executive of a State-run utility said on... 


ARM Executive Chairperson Dr Patrice Motsepe.
ARM declares interim dividend from robust net cash position
8th March 2024 By: Martin Creamer

Diversified mining company African Rainbow Minerals (ARM) on Friday declared an interim dividend for the six months ended December 31, when ARM had net cash of R7.9-billion. The interim dividend of... 


John Ciganek, MD and CEO of Vanadium Resources
John Ciganek
8th March 2024 By: Creamer Media Reporter

This week we profile John Ciganek, MD and CEO of Vanadium Resources, a developer and ultimately producer of vanadium 


NO CARBON CRUNCH: The Presidency has expressed confidence that South Africa will meet its greenhouse gas emission reduction targets even if it keeps some coal-fired plants, such as the one pictured here, open beyond their current decommissioning dates. “It’s not about stopping decommissioning,” Rudi Dicks, head of the project management office in the Presidency, said last month. “It’s about delaying decommissioning until we have sufficient generating capacity and reserve margins.” Photograph: Bloomberg
NO CARBON CRUNCH
8th March 2024 By: Terence Creamer

The Presidency has expressed confidence that South Africa will meet its greenhouse gas emission reduction targets even if it keeps some coal-fired plants, such as the one pictured here, open beyond... 


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