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President Cyril Ramaphosa at the Mining Indaba.
South Africa’s mining industry now 39% black-owned, Mining Indaba hears
5th February 2024 By: Martin Creamer

In 2004, the year South Africa’s far-reaching Mining Charter was first introduced, black ownership in South Africa’s globally recognised mining industry stood at a negligible 2%. This has now leapt... 


Image of the MCSA's Mzila Mthenjane, Nolitha Fakude and Hugo Pienaar
Initial signs that energy sector is stabilising; logistics to take longer – Minerals Council 
5th February 2024 By: Irma Venter

The domestic mining industry is looking at 2024 as a year of stabilisation, rather than growth, says Minerals Council South Africa CEO Mzila Mthenjane. The industry continues to face persistent... 


President Cyril Ramaphosa
We are turning ports around, but it will take time – Ramaphosa
5th February 2024 By: Sashnee Moodley

While the recently launched African Continental Free Trade Area will provide advantages for South African companies, the efficiency and competitiveness of the country’s logistics architecture needs... 


Locomotives operating on Transnet Freight Rail's rail lines
Clear commitment to reform implementation needed in SoNA – Mavuso
5th February 2024 By: Schalk Burger

Business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso has urged President Cyril Ramaphosa to show a clear commitment to the hard work of reform implementation during his... 


The Simandou mine area
Guinea lawmakers approve JV for Simandou iron-ore development
5th February 2024 By: Bloomberg

Guinea’s National Transition Council approved a joint venture between Rio Tinto, China-backed Winning Consortium Simandou and the government that seeks to develop the world’s biggest untapped iron... 


From left, Randy Fabi, Alan Waller, Gavin Kelly, Xolani Mbambo, Theo Johnson and Matthias Brodner.
Coal line criminals identified, must be jailed – Transnet
2nd February 2024 By: Martin Creamer

The criminal syndicates that regularly bring South Africa’s coal export line to a halt have been identified through the intelligence operations that are conducted by Transnet Freight Rail (TFR).... 


Coal being transported to port
Transnet says rail volumes recovered slightly in the last quarter of 2023
2nd February 2024 By: Tasneem Bulbulia

Transnet Freight Rail (TFR) says it experienced an improvement in rail volumes in the last quarter of the 2023 calendar year, as the implementation of Transnet’s recovery plan got under way. The... 


Photo of Martin Creamer
Rail, R&D partnership and Investing in African Mining Indaba make headlines
2nd February 2024

Mining Weekly Editor Martin Creamer provides updates on the new rail corridor agreement between RBCT and Transnet; Anglo American's partnership with large Chinese recycler GEM for a research and... 


Port of Maputo reports record volume for 2023
2nd February 2024 By: Irma Venter

The Maputo Port Development Company (MPDC) says the Port of Maputo achieved a record volume of 31.2-million tons in 2023, up 16% on the previous year. MPDC is a public–private partnership between... 


Image of graphite ore
Orom-Cross graphite project, Uganda – update
2nd February 2024 By: Sheila Barradas

The US International Development Finance Corporation has indicated its willingness to participate in debt funding for the project, subject to all the necessary due diligence. 


Image of iron-ore stockpile
Simandou iron-ore project, Guinea – update
2nd February 2024 By: Sheila Barradas

China Baowu Steel Group has raised more than $1-billion from a bond issue, in part for the giant Simandou iron-ore project. 


Image of the Cannington mine in Australia
Cannington mine, Australia
2nd February 2024 By: Sheila Barradas

A silver/lead/zinc mine in North-west Queensland, Australia 


New Gautrain CEO starts steering strategic expansions
1st February 2024 By: Marleny Arnoldi

Gautrain Management Agency CEO Tshepo Kgobe has assumed his role as of February 1, following the company’s announcement to this effect in September last year. He previously served as COO of... 


Image of a VW Polo
Yet another negative month for new-vehicle sales
1st February 2024 By: Irma Venter

New-vehicle sales declined by 3.8% in January, to 41 636 units, compared with the same month last year. This continued the decline in new-vehicle sales witnessed in the last five months of 2023. 


Dr Juanita Maree
Freight forwarders note some progress in tackling logistics crisis, but call for intensification of collaborative efforts
1st February 2024 By: Terence Creamer

The CEO of the South African Association of Freight Forwarders (SAAFF) believes progress is being made in navigating the ‘perfect storm’ of South Africa’s current logistics crisis, which is... 


UD Trucks Southern Africa MD Filip van den Heede
UD Trucks Southern Africa to expand feature, service offerings
1st February 2024 By: Marleny Arnoldi

As the South African logistics industry continues to undergo a shift, with cargo increasingly being moved by road rather than rail, UD Trucks Southern Africa (UDTSA) is sharpening up its service... 


Tshipi achieves record quarter production
31st January 2024 By: Tasneem Bulbulia

Tshipi é Ntle Manganese Mining, in which ASX-listed Jupiter Mines has a 49.9% beneficial interest, achieved record production at the Tshipi manganese mine in the Kalahari manganese field for the... 


President Cyril Ramaphosa
Ramaphosa says continental market will promote agricultural development, food security as trade begins under AfCFTA
31st January 2024 By: Thabi Shomolekae

President Cyril Ramaphosa said on Wednesday that the start of preferential trade will create great opportunities for growth and development for South Africa and many other African countries.... 


Resources Watch
Resources Watch
31st January 2024

This week: Vanadium junior has expansive plans for long-life operation, mulling JSE listing; New public-private rail corridor agreement already boding well and, SRK celebrating 50 years of... 


MC Mining MD and CEO Godfrey Gomwe
MC Mining pleased with results of Uitkomst colliery turnaround, while Vele colliery struggles
31st January 2024 By: Chanel de Bruyn

Run-of-mine (RoM) production at coal miner MC Mining’s Uitkomst Colliery steelmaking and thermal coal mine , in KwaZulu-Natal, South Africa, increased by 31% year-on-year to 129 272 t for the... 


Canadian miner greenlights $470m project for low-carbon steel feedstock
Canadian miner greenlights $470m project for low-carbon steel feedstock
31st January 2024 By: Mariaan Webb

Canadian iron-ore mining company Champion Iron on Tuesday announced a final investment decision (FID) for its direct reduction pellet feed (DRPF) project at the Bloom Lake iron-ore complex, in... 


Investec logistics head Denys Hobson
Global economic growth expected to stagnate this year
30th January 2024 By: Darren Parker

Global economic growth is expected to be subdued, if not stagnant this year, with global trade also expected to be sluggish, financial services provider Investec reports. According to the World... 


Hot rolled steel bars
ArcelorMittal South Africa warns of losses on the back of long steel impairment charge
30th January 2024 By: Marleny Arnoldi

Primary steel producer ArcelorMittal South Africa expects to report a 238% to 261% year-on-year decrease in earnings per share (EPS) for the year ended December 31, owing to a R2.1-billion... 


Aerial view of Richards Bay Coal Terminal.
Decline in coal line security incidents is improving performance – Transnet
29th January 2024 By: Martin Creamer

Security incidents that disrupt trains transporting coal to South Africa’s Richards Bay Coal Terminal (RBCT) for export to the world are in definite decline and that has certainly helped to improve... 


Image of US Prof Jan Havenga
Transnet needs ‘the right, permanent management, quickly’ – Havenga
29th January 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... 


Telkom tackles cable theft
29th January 2024 By: Natasha Odendaal

Telecommunications group Telkom has made strides against cable theft and vandalism as various initiatives drive down infrastructure-related crime at its facilities. Hundreds of convictions for... 


An Investing in African Mining sign
Logistics, energy challenges remain for Mining Indaba host South Africa
29th January 2024 By: Schalk Burger

Mining Indaba to open with SA mining industry hit hard by rail inefficiencies The yearly African Mining Indaba will start on February 5 against the backdrop of the local mining industry facing... 


Seifsa COO Tafadzwa Chibanguza
More than 290 000 jobs on the line as steel sector continues its decline, Seifsa warns
26th January 2024 By: Schalk Burger

Over a five-year period, the average 1.3% a year decline in the metals and engineering sector will lead to an average 2.9% decline in employment, or 293 754 direct and indirect job losses, industry... 


Road and rail
Government's new plan to shift cargo from roads back to rail
26th January 2024 By: News24Wire

Government is seeking to finalise a plan aimed at improving its rail network and move cargo away from its overburdened roads.  While the economy loses a billion rand per day to its logistics... 


Image of iron-ore stockpiles
Rhodes Ridge iron-ore project, Australia – update
26th January 2024 By: Sheila Barradas

The project is progressing to a prefeasibility study. 


Ashok Leyland enters Southern African market with Dost workhorse
26th January 2024 By: Irma Venter

India’s Ashok Leyland has entered the Southern African commercial vehicle market with its Dost 1.5 l ℓturbodiesel workhorse. Headquartered in Chennai, with nine manufacturing plants, Ashok Leyland... 


Artists impression of the Cleanergy hydrogen facility
Cleanergy hydrogen pilot plant, Namibia
26th January 2024 By: Sheila Barradas

The project will be the first green hydrogen production site of its kind in Africa. 


An image depicting TSAM president and CEO Andrew Kirby
Sales of NEVs on the rise in South Africa
25th January 2024 By: Sabrina Jardim

Amid a global emphasis on green energy and the subsequent global energy transition, total sales of new energy vehicles (NEVs) in South Africa increased by 65% year-on-year in 2023, with hybrid... 


From top left clockwise, RBCT CEO Alan Waller, RBCT chairperson Nosipho Damasane, Acting Transnet CEO Michelle Phillips and Acting Transnet Freight Rail CE Russell Baatjies.
New public-private rail corridor agreement already boding well – RBCT
25th January 2024 By: Martin Creamer

The three-month-old mutual cooperation agreement that the private-sector-owned Richards Bay Coal Terminal (RBCT) signed with State rail enterprise Transnet in November is already boding well, RBCT... 


SARB Governor Lesetja Kganyago
Interest rates on hold as Reserve Bank waits for inflation to cool further
25th January 2024 By: News24Wire

South Africa’s Monetary Policy Committee kept interest rates on hold at 8.25% in its first meeting of the year, having left the benchmark rate unchanged at a 14-year high for the past nine months.... 


A road fright truck on the N3 corridor
Dedicated freight lanes and restricted truck operating hours mooted in draft plan to shift cargo back to rail
25th January 2024 By: Terence Creamer

The Department of Transport (DoT) is canvasing as series of interventions aimed at attracting freight back to South Africa’s struggling rail system from road, which has emerged as the country’s... 


Fortescue's first-half shipments hover near record high; shares rise
Fortescue's first-half shipments hover near record high; shares rise
25th January 2024 By: Reuters

Australia's Fortescue logged a near-record iron-ore shipments for the first half and kept full-year forecast unchanged on Thursday, as the mining giant ramps up production at its flagship Iron... 


Rows of round steel bars
Downstream companies implore ArcelorMittal South Africa, govt to avoid long steel plant closures
24th January 2024 By: Darren Parker

The South African downstream steel industry has urgently appealed to both steel producer ArcelorMittal South Africa (AMSA) and the government to find immediate solutions that will allow the... 


The Maputo port
DP World’s $2bn Mozambique port expansion gets approval
24th January 2024 By: Bloomberg

Mozambique approved an extended deal for DP World, Grindrod and other operators of its biggest port, including a $2-billion expansion that will further draw cargoes away from neighboring South... 


An image of Zambian President Hakainde Hichilema
Zambia president Hakainde Hichilema to deliver keynote address at Mining Indaba
23rd January 2024 By: Tasneem Bulbulia

Zambian President Hakainde Hichilema is set to deliver a keynote address at the Investing in African Mining Indaba, which will take place from February 5 to 8 in Cape Town, South Africa. This will... 


BLSA CEO Busi Mavuso
South Africa must build renewable energy momentum, and then move on to other sectors – Mavuso
22nd January 2024 By: Schalk Burger

The rapid pace at which South Africa is building renewable energy projects, driven by private sector investment, is viewed as positive in the global context, including at the recently held World... 


Continued need for Vesconite overseas as US pumps industry demand grows
Continued need for Vesconite overseas as US pumps industry demand grows
21st January 2024 By: Tracy Hancock

The US pumps industry is showing great demand for wear components supplied by bearings manufacturer Vesconite Bearings, which was recently acknowledged at the 2023 South African Capital Equipment... 


Containers loaded onto wagons at DCT Pier 2
Steps being taken to improve turnaround at DCT Pier 2 ahead of the citrus season
19th January 2024 By: Schalk Burger

The Durban Container Terminal (DCT) Pier 2 is prioritising fluid terminal operations ahead of South Africa’s citrus season, and the terminal is providing a rail link solution for its customers’... 


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