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Transnet breached loan covenants for a second year running as the South African port and rail operator staggers under a debt burden that’s constraining investments needed to resurrect its ailing...
razilian miner Vale said on Wednesday it expects to produce between 323-million and 330-million metric tons of iron-ore in 2024, raising a previous forecast of 310-million to 320-million. The...
Iron-ore’s plunge is about to test the view that the steelmaking material can find solid price support at $90 a ton or more as high-cost mines are nudged out of the market. Futures in Singapore...
ASX-listed Mineral Resources (MinRes) has received unconditional approval from the Foreign Investment Review Board (FIRB) for the sale of a 49% stake in the Onslow Iron haul road to investment...
Government agency Export Development Canada (EDC) may provide a $500-million loan for the Crawford nickel sulphide project in Timmins, Ontario. This is according to project owner Canada Nickel,...
Mining companies Vale and BHP, together with their joint venture Samarco, may soon reach an agreement with Brazilian authorities to pay around 100-billion reais ($17.87-billion) for the collapse...
Iron-ore sank below $90 a ton for the first time since 2022 as industrial commodities faced sustained pressure from tepid Chinese demand and gathering worries over global growth. Futures for...
The global market is going through a very challenging time right now, African Rainbow Minerals (ARM) executive chairperson Dr Patrice Motsepe noted on Friday, when the Johannesburg Stock...
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State-owned Transnet Group chief business development officer Yolisa Kani has said calls for applications for private train operators wanting to access the freight rail network are likely to open...
Zimbabwe's State-owned railway operator has opened its network up to private players, including a unit of South Africa's Grindrod, as it seeks to boost freight volumes that had collapsed after...
Northam Platinum, which benefits from a full mine-to-market value chain in chrome, sold around 1.3-million tons of chrome for the year, which contributed 12.5%, or R3.8-billion, to the revenue of...
Transnet CEO Michelle Phillips has acknowledged criticism over the pace at which it plans to recover rail volumes and has reported that an internal “stretch target” of 193-million tons has been set...
Platinum group metals (PGMs) and chrome producer Northam has entered into a power purchase agreement with an independent power producer for an 180 MW solar farm at its Zondereinde PGM mine on the...
The New Development Bank (NDB) on Friday signed a R5-billion loan agreement with State-owned freight transport and logistics group Transnet. The agreement was signed during the NDB’s ninth yearly...
State-owned Transnet Freight Rail (TFR) is meeting less than half of its necessary maintenance investment, with inflation significantly expanding the gap in year-on-year funding requirements....
President Cyril Ramaphosa has transferred legislation previously administered by the Mineral Resources and Energy Minister to Mineral and Petroleum Resources Minister Gwede Mantashe and Electricity...
With Transnet’s export coal and iron-ore volume performance having reached multidecade lows in recent years and mining companies not weathering low commodity cycles sufficiently, the focus of this...
London- and Johannesburg-listed Tharisa has successfully produced 40 t of chrome alloy from a unique and proprietary process developed by its research and development business Arxo Metals. Arxo,...
State-owned Transnet Group chief business development officer Yolisa Kani has said calls for applications for private train operators wanting to access the freight rail network are likely to open...
Zimbabwe's State-owned railway operator has opened its network up to private players, including a unit of South Africa's Grindrod, as it seeks to boost freight volumes that had collapsed after...
Northam Platinum, which benefits from a full mine-to-market value chain in chrome, sold around 1.3-million tons of chrome for the year, which contributed 12.5%, or R3.8-billion, to the revenue of...
Transnet CEO Michelle Phillips has acknowledged criticism over the pace at which it plans to recover rail volumes and has reported that an internal “stretch target” of 193-million tons has been set...
Platinum group metals (PGMs) and chrome producer Northam has entered into a power purchase agreement with an independent power producer for an 180 MW solar farm at its Zondereinde PGM mine on the...
The New Development Bank (NDB) on Friday signed a R5-billion loan agreement with State-owned freight transport and logistics group Transnet. The agreement was signed during the NDB’s ninth yearly...
State-owned Transnet Freight Rail (TFR) is meeting less than half of its necessary maintenance investment, with inflation significantly expanding the gap in year-on-year funding requirements....
President Cyril Ramaphosa has transferred legislation previously administered by the Mineral Resources and Energy Minister to Mineral and Petroleum Resources Minister Gwede Mantashe and Electricity...
With Transnet’s export coal and iron-ore volume performance having reached multidecade lows in recent years and mining companies not weathering low commodity cycles sufficiently, the focus of this...
London- and Johannesburg-listed Tharisa has successfully produced 40 t of chrome alloy from a unique and proprietary process developed by its research and development business Arxo Metals. Arxo,...
State-owned Transnet Group chief business development officer Yolisa Kani has said calls for applications for private train operators wanting to access the freight rail network are likely to open...
Zimbabwe's State-owned railway operator has opened its network up to private players, including a unit of South Africa's Grindrod, as it seeks to boost freight volumes that had collapsed after...
Northam Platinum, which benefits from a full mine-to-market value chain in chrome, sold around 1.3-million tons of chrome for the year, which contributed 12.5%, or R3.8-billion, to the revenue of...
Transnet CEO Michelle Phillips has acknowledged criticism over the pace at which it plans to recover rail volumes and has reported that an internal “stretch target” of 193-million tons has been set...
Platinum group metals (PGMs) and chrome producer Northam has entered into a power purchase agreement with an independent power producer for an 180 MW solar farm at its Zondereinde PGM mine on the...
The New Development Bank (NDB) on Friday signed a R5-billion loan agreement with State-owned freight transport and logistics group Transnet. The agreement was signed during the NDB’s ninth yearly...
State-owned Transnet Freight Rail (TFR) is meeting less than half of its necessary maintenance investment, with inflation significantly expanding the gap in year-on-year funding requirements....
President Cyril Ramaphosa has transferred legislation previously administered by the Mineral Resources and Energy Minister to Mineral and Petroleum Resources Minister Gwede Mantashe and Electricity...
With Transnet’s export coal and iron-ore volume performance having reached multidecade lows in recent years and mining companies not weathering low commodity cycles sufficiently, the focus of this...
London- and Johannesburg-listed Tharisa has successfully produced 40 t of chrome alloy from a unique and proprietary process developed by its research and development business Arxo Metals. Arxo,...
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