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India considers export tax on low-grade iron ore, sources say
26th February 2024 By: Reuters

India is considering an export tax on low-grade iron-ore after small steel producers urged the government to curb its overseas sales, two sources directly involved in the matter said. China... 


Coal load and haul operations
Thungela warns of lower earnings on back of Ensham deal
23rd February 2024 By: Marleny Arnoldi

JSE-listed coal miner Thungela Resources has informed shareholders that its earnings per share (EPS) for the year ended December 31 will be between R88 and R93 lower, at between R34 and R39 apiece,... 


Woodside to sell $1.4bn stake in key gas project to Jera
Woodside to sell $1.4bn stake in key gas project to Jera
23rd February 2024 By: Bloomberg

Woodside Energy Group to a $1.4-billion deal to sell a 15.1% stake in its flagship Scarborough liquefied natural gas project to Jera Co., Japan’s biggest power producer, as consumers aim to secure... 


Teck expects to close coal unit sale to Glencore by Q3, CEO says
Teck expects to close coal unit sale to Glencore by Q3, CEO says
23rd February 2024 By: Reuters

Canadian miner Teck Resources plans to close the sale of its steel-making coal unit to Glencore no later than the third quarter of 2024, CEO Jonathan Price told Reuters in an interview on... 


Man in hard hat assessing Enduron high-pressure grinding rolls
Smarter mining key amid current market conditions
23rd February 2024 By: Tracy Hancock

Despite the boon of improved uranium demand, overall, depressed commodity prices and costly operating conditions are emphasising the need for Namibian mining companies to ensure that they mine a... 


And the actual?
23rd February 2024 By: Riaan de Lange

‘Actual’ means to exist in fact – in other words, to be real. There are not many occasions, during the course of the year, when I despair at having to write a piece for this column. The State of... 


Posco to import African battery graphite to cut China reliance
22nd February 2024 By: Bloomberg

Posco Future M Co, which produces battery materials for companies including General Motors Co, is preparing to import graphite from Africa to reduce its dependence on supplies from China. “Graphite... 


Minas-Rio
Integration of Vale’s Serpentina resource has potential to expand Anglo’s Minas-Rio output
22nd February 2024 By: Darren Parker

Diversified miner Anglo American has agreed to acquire, from Brazilian iron-ore miner Vale, the high-quality Serra da Serpentina iron-ore resource and integrate it into its contiguous Minas-Rio... 


Australian iron-ore port starts clearing ships ahead of cyclone
Australian iron-ore port starts clearing ships ahead of cyclone
22nd February 2024 By: Bloomberg

A major port on Australia’s west coast used by Rio Tinto Group to export iron-ore has started clearing ships from the harbor ahead of a cyclone that’s expected to form early Friday. All port... 


Coal being transported to port
Mining tax revenue down by 50.4% y/y
21st February 2024 By: Darren Parker

With various commodity prices taking a nosedive over the past year, windfall tax gains from high commodity prices over the preceding two years have come to an end, resulting in a sharp fall in... 


metal works with sparks
Metals, engineering output up 1.7% but still far below 2008/9 peak
20th February 2024 By: Darren Parker

While aggregate production in the South African metals and engineering sector increased by 1.7% last year, which is slightly higher than the 1.5% increase in 2022, it remains 18% below where it was... 


Image of Volkswagen's 1.5-millionth vehicle exported from South Africa
Volkswagen Africa builds 1.5-millionth export vehicle
20th February 2024 By: Irma Venter

Volkswagen Group Africa (VWA) this week celebrated building the 1.5-millionth vehicle built at the Kariega plant for the export market. The milestone vehicle, a Polo GTI destined for the UK, also... 


President Gustavo Petro came into office in 2022 on a pledge to wean the country off its dependency on fossil fuels.
Colombia Bill seeks permanent legal ban on new coal contracts
20th February 2024 By: Bloomberg

Colombia, South America’s top coal producer, is proposing a mining bill which would ban new exploration and production contracts for the fuel. The proposed law would also allow the expropriation... 


WearCheck’s technical manager, Steven Lumley
SLIDING THROUGH TIME: Lubrication from stone age to modern age
19th February 2024

In part one of Lubrication from Stone Age to Modern Age (WearCheck Technical Bulletin 88), we slid through 5,000 years of lubrication history and left off at the end of the age of enlightenment in... 


AVK Southern Africa Series 869 Control Valve addresses nonrevenue water losses
AVK Southern Africa Series 869 Control Valve addresses nonrevenue water losses
18th February 2024 By: Tracy Hancock

Demand for water in Africa is on the rise but so are treated water losses, owing to the major deterioration of infrastructure over many years of use. The continent cannot afford to lose the current... 


Diatreme makes takeover for neighbouring Metallica
Diatreme makes takeover for neighbouring Metallica
16th February 2024 By: Creamer Media Reporter

Brisbane-based silica sand miner Diatreme Resources has made a conditional takeover offer for Metallica Minerals, a move that would combine the companies' silica sand assets in Far North Queensland... 


Eskort's expanded Heidelberg facility
Eskort increases Heidelberg factory's capacity by 50%
16th February 2024 By: Schalk Burger

Pork products producer Eskort has expanded its Heidelberg production capacity by 50%, with the factory extension officially launched in mid-February. The 10 000 m² development in Heidelberg, which... 


2024 Supply Chain Outlook Navigating the Future with Resilience and Innovation
2024 Supply Chain Outlook Navigating the Future with Resilience and Innovation
16th February 2024

By Jeanne Hugo, Senior Director Supply Chain, CHEP IMETA The supply chain industry finds itself at a crucial juncture, marked by a blend of technological innovation, shifting consumer behaviours,... 


Budget expected to show conditions remain unsupportive of fiscal consolidation – Nedbank
15th February 2024 By: Schalk Burger

Finance Minister Enoch Godongwana's 2024 Budget Speech, to be delivered next week, is expected to show that economic conditions will remain broadly unsupportive of significant fiscal consolidation,... 


The Dangote oil refinery in Nigeria
Nigeria's new Dangote refinery to export first fuel cargoes
15th February 2024 By: Reuters

Nigeria's Dangote oil refinery has issued tenders to sell two fuel cargoes for export, the first from the newly commissioned refinery, trading sources with knowledge of the matter told Reuters. The... 


Rand Currency
S Africa's budget to consolidate more slowly, rate cuts delayed – poll
15th February 2024 By: Reuters

South Africa's budget deficit will narrow at a slower pace in coming years than October estimates predicted, put off course by poor mining tax receipts, according to a Reuters poll which also... 


Energy Minister Jonathan Wilkinson
Risk of stranded LNG assets is 'real', Canada’s Wilkinson says
14th February 2024 By: Bloomberg

The US decision to pause approvals of new licenses to export liquefied natural gas is welcome, and there are “real” risks that some infrastructure will end up stranded, Canada’s Energy Minister... 


EcoPhi Renewables Engineering GmbH
EcoPhi Renewables Engineering GmbH
14th February 2024

EcoPhi receives RES funding for the marketing of its innovative digitization solutions for renewable energy projects in South Africa Karlsruhe, December 27, 2023: In order to tap into the South... 


Australia fossil fuels should face new climate levy, experts say
Australia fossil fuels should face new climate levy, experts say
14th February 2024 By: Bloomberg

Producers and consumers of fossil fuels in Australia, one of the world’s coal and gas powerhouses, should pay a new climate levy under efforts to accelerate a transition to a greener economy,... 


Durban’s Dube TradePort air cargo terminal sees demand spike because of harbour issues
13th February 2024 By: Rebecca Campbell

Air freight through the Dube TradePort cargo terminal, at King Shaka International Airport, at Durban, spiked sharply during the last quarter of last year, in quarter-on-quarter terms. This... 


 US coal miner Ramaco ups 2024 guidance
US coal miner Ramaco ups 2024 guidance
13th February 2024 By: Mariaan Webb

US-based metallurgical coal miner Ramaco Resources has raised its 2024 sales and production guidance, which it says reflects the strong market acceptance of the company's coal. The... 


ARME founder and CEO Adelaide Ruiters.
2024 defining year for world’s first woman-owned phosphate mine, looking at IPO
12th February 2024 By: Martin Creamer

Adelaide Ruiters has been slogging away for ten years to get the world’s first woman-owned phosphate mine up and running. Now, 2024 looks like the year she'll likely do it. Ribbon-cutting for... 


An image depicting Ivanhoe Mines co-chairperson Robert Friedland
HPX, Liberian govt, Guma sign letter of intent to develop Liberty Corridor
12th February 2024 By: Sabrina Jardim

US-based mineral exploration and development company High Power Exploration (HPX), which is backed by Ivanhoe Mines co-chairperson Robert Friedland, has signed a letter of intent (LoI) with the... 


Steelmakers turning to DRI amid transition
Steelmakers turning to DRI amid transition
12th February 2024 By: Sabrina Jardim

With global steelmakers increasingly turning to scrap steel recycling and direct reduced iron (DRI) as alternatives to blast furnaces, steel producers will not need to rely on carbon capture if the... 


Africa’s biggest oil and gas finds are doing little for economies at home
12th February 2024 By: Bloomberg

The last thing Senegal needed in its long-drawn-out effort to capitalize on large oil and gas finds off its coast was political turmoil. Africa’s newest natural gas superstar had bubbled with... 


BHP iron-ore train drivers vote for 24h strike from Friday
BHP iron-ore train drivers vote for 24h strike from Friday
12th February 2024 By: Bloomberg

Train drivers at BHP Group's Pilbara iron-ore operations in Western Australia have voted to strike on Friday for 24 hours, potentially cutting supply to the producer’s Australian export hubs.... 


Image to show range of services by Manta Freight Logistics offers a range of services
Global freight logistics with local personal touch
10th February 2024

Logistics and transport service company Manta Freight Logistics offers a range of services including sea freight, air freight, road freight, customs clearing and warehousing and distribution. The... 


DFC announces new financing for Lobito Corridor
9th February 2024 By: Sabrina Jardim

US International Development Finance Corporation (DFC) deputy CEO Nisha Biswal has announced new financing in support of the Lobito Corridor, which extends across Angola, Zambia and the Democratic... 


Image of Illawara coal operation
Illawarra Metallurgical Coal, Australia
9th February 2024 By: Sheila Barradas

A coal mine in he southern coalfields of New South Wales, Australia. 


Image of the ID.4
VW could announce third production model this year; expects uptick in 2024 car market
9th February 2024 By: Irma Venter

Volkswagen Group Africa (VWA) will hopefully this year receive the final confirmation on the production of a third model at the Kariega plant, says MD Martina Biene. This third model will add to... 


Alberta’s Premier Smith sees US LNG export pause as opportunity
9th February 2024 By: Reuters

President Joe Biden’s decision to pause approval of new liquefied natural gas export licences is an opportunity for Canada as the country prepares to start exporting the fuel, Alberta’s Premier... 


Transnet needs ‘the right, permanent management, quickly’ – Stellenbosch University academic
9th February 2024 By: Irma Venter

State-owned rail and port operator Transnet could, potentially, show significant improvement this year, compared with last year’s dismal performance, says transport economist and macrologistics... 


Image of the Kusile power plant
Kusile power plant project, South Africa – update
9th February 2024 By: Sheila Barradas

Unit 5 of Kusile was synchronised to the national grid at the end of December 2023. 


African Pioneer extends Ongombo prospecting licence, upgrades mineral resource estimate
8th February 2024 By: Darren Parker

London-listed exploration and resource development company African Pioneer has been notified that the exclusive prospecting licence (EPL) 5772, 40 km northeast of Windhoek, Namibia, has been... 


ArcelorMittal South Africa CEO Kobus Verster
AMSA sees plausible pathway for salvaging longs unit, but ready to reverse closure deferral if urgent progress is not made
8th February 2024 By: Terence Creamer

Steel producer ArcelorMittal South Africa (AMSA) has deferred the wind-down of its long-products business by six months amid widespread concern regarding the detrimental impact of the closure on... 


An Actom high-voltage equipment yard
Actom secures Selebi-Phikwe solar plant contract
8th February 2024 By: Schalk Burger

Electromechanical equipment manufacturer Actom High Voltage has secured a contract to supply and deliver high-voltage equipment for the Selebi-Phikwe solar photovoltaic (PV) plant, which is... 


Transnet train transporting iron ore
Transnet problems force Kumba to moderate output
8th February 2024 By: Darren Parker

Anglo American subsidiary Kumba Iron Ore CE Mpumi Zikalala has reiterated that State-owned Transnet’s rail performance challenges have placed so much pressure on Kumba’s value chain that the... 


Oranges
CGA welcomes support from shipping company to boost citrus exports
8th February 2024 By: Marleny Arnoldi

The Citrus Growers Association of Southern Africa (CGA) has welcomed the announcement that global liner shipping company Hapag-Lloyd will be helping to export citrus from the ports in Durban and... 


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