R/€ = 20.54 Change: 0.00
R/$ = 19.00 Change: 0.03
Au 1616.40 $/oz Change: 1.82
Pt 720.50 $/oz Change: -3.89


ACCC gives coal miners bargaining power

By: Esmarie Iannucci     2nd April 2020 The Australian Competition and Consumer Commission has granted the New South Wales Minerals Council and ten coal producers in the region interim authorization to negotiate with Port of Newcastle Operations (PNO) on terms and conditions of access to the port for coal exports, including prices.... 

Transnet scales back to only essential services, operations

By: Simone Liedtke     27th March 2020 In line with government’s implementation of a three-week lockdown of the country to reduce the spread of the Covid-19 virus, State-owned entity Transnet will be scaling down its transportation services and operations of non-essential cargo during this period. After consultation with various... 

ACSA has started implementing air travel restrictions at its airports 

By: Rebecca Campbell     20th March 2020 The Airports Company South Africa (ACSA) announced on Friday that it had, in conjunction with the other appropriate authorities, implemented the air travel restrictions decreed by the government, as a result of the Covid-19 pandemic. These restrictions apply to air travellers from designated high... 

SAA gives reasons for its suspension of all its international flights  

By: Rebecca Campbell     20th March 2020 State-owned South African Airways (SAA) has explained why it has suspended all its international flights until May 31. (The suspension was announced on Friday and took immediate effect.) “In support of efforts by Government to deal with this [Covid-19] pandemic, and in the best interests of our... 

Port closures won't impact goods movement – so stop panic buying

By: News24Wire      17th March 2020 The recently announced port closures are only meant to limit the movement of people and will not affect the flow of goods to the country, Trade and Industry Minister Ebrahim Patel has said. Patel stressed that the two ports will only be closed for passengers. Passengers from ships that dock at... 

Transnet bemoans cable theft at Pretoria Complex, rolls out diesel locos 

By: Marleny Arnoldi     12th March 2020 Another incident of overhead cable theft at State-owned Transnet’s Pretoria Complex has further crippled the group’s Transnet Freight Rail (TFR) subsidiary’s ability to deliver goods to customers on time. It said in a release on Wednesday that the Pretoria Complex, which is one of the country’s... 

Going green is a good business proposition ­– Schmidt  

By: Martin Creamer     28th February 2020 Going green and ensuring environmental protection is a good business proposition, African Rainbow Minerals (ARM) CEO Mike Schmidt said on Friday. Speaking to Mining Weekly after the company had declared a 25% higher dividend on the back of its platinum division reporting a 193%-better performance... 

Seifsa, Minerals Council react positively to SoNA commitments

By: Marleny Arnoldi     14th February 2020 The mining and metals and engineering sectors have mostly welcomed President Cyril Ramaphosa’s plans around energy and infrastructure, following his State of the Nation Address (SoNA) on Thursday night. The Minerals Council South Africa said in a statement that it was encouraged by the... 

TPT boosts equipment capabilities with R2bn investment

By: Simone Liedtke     13th February 2020 Transnet Port Terminals (TPT) has already invested R2-billion to replace ageing equipment during the 2020 calendar year in response to industry calls for equipment that will improve performance across its operations. The investment included the acquisition of two mobile harbour cranes for the... 

DTIC drafting Furniture Industry Master Plan

By: Marleny Arnoldi     7th February 2020 The Department of Trade, Industry and Competition (DTIC) and the South African Furniture Initiative have embarked on a process to draft a Furniture Industry Master Plan. The entities earlier this week hosted the last of a few consultative workshops, in Port Elizabeth, to gather input from... 

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