R/€ = 16.85 Change: 0.00
R/$ = 15.69 Change: 0.02
Au 1855.14 $/oz Change: 7.10
Pt 950.70 $/oz Change: 3.20


Trident’s lithium-powered locomotives engendering benefits for mining operations  

By: Tasneem Bulbulia     13th May 2022 Original-equipment manufacturer Trident SA has diversified its offering and is now providing lithium-powered batteries for locomotives used by global mining operations. During a visit to the company’s site in Germiston, Gauteng, where the locomotives and battery packs are assembled, Trident... 

Gangs stealing cables miles underground torment South African platinum mines

By: Bloomberg     9th May 2022 South African miners are battling a growing threat miles underground in the world’s deepest platinum shafts: Gangs stealing copper cables and disrupting operations. Enticed by high copper prices, thieves are sneaking in, descending deep underground and setting up camp among vast networks of... 

Only way to fix Eskom, Transnet is to work as SA Inc, conference hears 

By: Martin Creamer     6th May 2022 Putting South Africa’s 60-million people first and working as South Africa Incorporated – SA Inc – is the only way to solve the problems of this country’s biggest State-owned enterprises, Eskom and Transnet. This message was put out loudly and clearly during a panel discussion at McCloskey’s... 

South African coal miners turn to trucks as rail service deteriorates

By: Reuters     3rd May 2022 Mining companies in South Africa have resorted to trucking coal to ports to meet a surge in European demand since the war in Ukraine started, bypassing the deteriorating rail infrastructure they blame for-billions of dollars in lost revenue. Poor maintenance, a lack of spare parts for trains,... 

Infinity Train, Australia and UK

By: Sheila Barradas     29th April 2022 To support the delivery of Fortescue’s industry-leading target to achieve net-zero Scope 1 and Scope 2 emissions by 2030, Fortescue Future Industries and William Advanced Engineering plan to develop the Infinity Train – a regenerating battery electric iron-ore train. 

The Financial Case for Carbon Neutrality

22nd April 2022 By Gareth Huckle – Partners in Performance Various recent articles can be found that suggest the quest towards carbon reduction will negatively impact both productivity and profitability. One such article, relating to the South African mining industry, speculated that: ‘carbon emission reduction... 

Mining proves its importance to the fiscus, but Transnet lets the side down

21st April 2022 The strong financial performance of the South African mining industry during two years of the Covid-19 pandemic, its associated lockdowns and slowing economic performance has proved how valuable the sector is for the country and how much more it can contribute to the fiscus and society. From a... 

Transnet signals force majeure as it moves to amend coal railing contracts

By: News24Wire      14th April 2022 Transnet will amend railing agreements with coal exporters as the State-owned enterprise continues to struggle with persistent security and legal issues which it believes constitute a force majeure. In a statement released by Thungela Resources, South Africa's largest producer of export coal, the... 

Transnet prepares to resume locomotive procurement to close gap left by halted 10-64 programme 

By: Terence Creamer     11th April 2022 Transnet CEO Portia Derby has confirmed that the State freight logistics group is preparing to procure a significant number of locomotives again, after having halted purchases under the “irregular and unlawful” R50-billion ’10-64’ programme. Derby tells Engineering News that, while a settlement... 

Transnet battling on several fronts as it works to stabilise the rail network  

By: Donna Slater     8th April 2022 With plans to increase the cargo-handling capability at the Port of Durban and to ease congestion by having fewer trucks on the road near the port, Transnet needs to improve rail capacity, as well ensure the infrastructure is safe and secure. Transnet Freight Rail (TFR) container corridor... 

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