R/€ = 17.35 Change: -0.01
R/$ = 14.80 Change: -0.01
Au 1764.01 $/oz Change: 9.56
Pt 920.00 $/oz Change: -4.00


Afrimat closes Coza buyout; starts production at Jenkins

By: Donna Slater     17th September 2021 Construction materials and industrial minerals supplier Afrimat reports that all conditions precedent to a sales share agreement to buy 100% of the issued ordinary shares of Coza Mining, totalling R300-million, have been fulfilled, making the transaction unconditional. With the completion of the... 

DNG, Masana partner to make LNG in transport a reality

By: Marleny Arnoldi     17th September 2021 Alternative fuel company DNG Energy’s petroleum division and energy company Masana Petroleum Solutions will test the feasibility of making liquefied natural gas (LNG) available to South Africa’s transport industry. The partnership comes as the world is seeking cheaper alternatives to... 

Opinion: Could South Africa’s logistics crisis derail the citrus sector’s stellar growth trajectory?

15th September 2021 In this opinion article, Nedbank head of agriculture John Hudson writes about how logistics constraints are hampering the growth of South Africa's citrus sector. 

China calls for better reporting of mineral reserves for energy security

By: Reuters     15th September 2021 China has asked local governments and major oil companies to conduct a thorough survey of their mineral reserves as it seeks to provide more "dynamic" updates on the country's mineral wealth for the sake of its energy and economic security. The Ministry of Natural Resources urged provinces,... 

Security forces prevent fuel theft, says Transnet  

By: Tasneem Bulbulia     15th September 2021  A suspicious built structure, a tunnel and equipment erected with the intent to siphon petroleum products from a Transnet pipeline were demolished on September 14 after a joint security operation led to the discovery of the building on a vacant piece of land in Phola, in Mpumalanga, Transnet... 

Teck Resources weighs sale, spinoff of $8bn coal unit

By: Bloomberg     15th September 2021 Teck Resources is exploring options for its metallurgical coal business, including a sale or spinoff that could value the unit at as much as $8-billion, people with knowledge of the matter said. The Canadian miner is working with an adviser as it studies strategic alternatives for the business,... 

Tipping Point - Engen makes it easy to say “Thank You” for great service 

14th September 2021 Excellent Engen service. No cash in your pocket. No stress.   Engen's innovative 1app now features a ‘Tip an Attendant’ function, which allows motorists and shoppers across South Africa to tip deserving Engen staff for the warm and friendly service that they have long been renowned for.    

Trudeau pledges to cut Canada's oil emissions even as country keeps pumping more

By: Bloomberg     14th September 2021 Prime Minister Justin Trudeau's promise to reduce Canada's oil sector emissions starting in 2025 looks unlikely to slow the growth of crude production, environmental activists and oil companies say, raising questions about how effectively the pledge will help meet the country's goals to slow... 

Angola’s modest oil output goal reveals a truth on global supply

By: Bloomberg     10th September 2021 Want proof of how hard it is for some oil-producing countries to lift supply? Look no further than the west African nation of Angola. State Secretary for Petroleum and Gas Jose Barroso said Thursday that the country aims to keep production above 1.1-million barrels a day in the coming years. 

Sapia warns South Africa’s refinery fleet could quickly become obsolete under new regulations

By: Tasneem Bulbulia     10th September 2021 Industry body the South Africa Petroleum Industry Association (Sapia) says in a statement that it has received confirmation from the Department of Mineral Resources and Energy (DMRE) that the new regulations regarding Petroleum Products Specification and Standards have been gazetted. These... 

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