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A R47-billion guarantee facility, effective immediately, has been extended to struggling State-owned freight logistics group Transnet in support of its recovery plan and to meet its immediate debt...
Exxaro Resources is expanding its search for critical mineral assets to greenfield projects, the miner said on Wednesday, as it pursues its strategy to diversify away from coal. Exxaro, one of...
Business Unity South Africa (Busa) president Adrian Gore has warned that the pace of delivery across the joint initiatives being taken with government on electricity, logistics and crime is...
ArcelorMittal South Africa CEO Kobus Verster believes there is no immediate prospect of addressing the structural issues undermining the financial viability of the group’s long-products business...
Steel producer ArcelorMittal South Africa has indicated that it may close its long-products business, which could result in the loss of 3 500 direct and contractor jobs at its Newcastle and...
Transport company Gebrüder Weiss has dispatched a sophisticated solar-powered e-truck and expedition equipment to Chile, by sea freight, to help a team trying to reach the summit of the world’s...
Reform progress in South Africa rarely moves in a straight line from A to B, with the stop/start nature of the country’s electricity reform being a case in point. Nevertheless, there is a...
Cabinet has approved the Just Energy Transition Implementation Plan (JET-IP), Minister in the Presidency Khumbudzo Ntshavheni announced in a briefing in Pretoria on November 20. “The implementation...
Transnet has, so far, replaced about 55% of the copper cables across its national railway network with an aluminium conductor steel reinforced (ACSR) cable called Tiger Wire, Transnet Freight Rail...
Consequent to a complete ore characteristics analysis for a new client in the copper processing sector, South African chemical company Axis House has supplied collectors, depressants and frothers...
Precast concrete manufacturer Colossal Concrete Products reopened its De Aar manufacturing plant, in the Northern Cape, in September following the conclusion of a one-year contract with State-owned...
Moody’s Investors Service has placed Transnet on review for a potential credit ratings downgrade due to concerns over liquidity and refinancing risks for the struggling state-owned freight, port...
South Africa's transport infrastructure, particularly its rail and logistics systems, are under severe strain, raising critical concerns about the nation's economic growth and employment prospects....
The Logistics Group has built a port facility in South Africa that will enable increased volumes of a key battery metal to be offloaded from one of the world’s longest freight trains for export as...
The Ctrack Transport and Freight Index (CTFI) retreated further during August, to an index level of 118.8, the lowest since February, when it was at 116.7. This represents a 1.5% decrease. It is...
An updated dense-media separation manganese concentrate scoping study has confirmed the project as a long-life, tier-one manganese operation.
Absent an equity injection or debt relief from government, Transnet chairperson Andile Sangqu says the State-owned entity will not be able to deliver on what he described as a “credible” recovery...
- Mining and transport conglomerate Grupo Mexico reported a 19% boost in net profit in the third quarter from the previous year, the company said in a filing on Tuesday, buoyed by stronger margins...
The costs of large-scale copper mining in Chile kept rising due to lower production and rising service costs, a report from the state-run Chilean Copper Commission (Cochilco) said on Tuesday. The...
Futuregrowth Asset Management, a South African money manager overseeing more than R190-billion of fixed-income assets, says the government’s draft legislation meant to address inefficiencies at...
Competition is important to create efficiencies in the logistics and transport network, but collaboration is similarly necessary to ensure that all the public and private sector role-players can...
The billionaire Batista brothers behind Brazilian beef giant JBS are preparing to invest more than $1-billion to expand production at mines they acquired last year from Vale. J&F Investimentos,...
The Iron-Ore Iron-Ore – Midyear Brief 2023 is a two-page synopsis of key developments in the iron-ore market over the past 12 months, including South Africa’s iron-ore production and the rail...
President Cyril Ramaphosa reiterated that his administration wasn’t moving to privatize state-owned companies as the government initiates reforms to clean up their balance sheets and revive their...
South Africa’s embattled State-owned freight-rail and ports company identified areas that require immediate state support in a turnaround plan that is being submitted to the government. Transnet's...
The South African Cabinet formally approved the submission of the Luxembourg Rail Protocol to the Cape Town Convention (LRP) to Parliament for ratification, in June 2023. Formal ratification is...
The logistics sector can significantly benefit from temporary employment service (TES) providers in bridging the skills gap and improving efficiencies. Further, through working with TES providers,...
South Africa boasts extensive road and railway systems, along with well-equipped ports and airports, some of which are comparable to infrastructure in developed nations. However, a lack of...
Transnet Freight Rail (TFR), as a division of Transnet, is affected by three major constraints hampering the entity; however, there are initiatives under way to mitigate this and some progress is...
The CEO of Transnet Freight Rail (TFR) Siza Mzimela has resigned. Mzimela sent out a letter to staff on Thursday reminding them of the progress made in the past three years, thanking them for...
Business is working to add more than 10 GW of generation capacity to the electricity system by the end of next year, which would effectively end loadshedding in South Africa, Sasol president and...
The East London port received its first export manganese call on October 3 when vessel MV BBG Leader docked to load 30 000 metric tonnes at the East London Multipurpose Terminal. In preparation,...
Negative pressures – such as lower coal prices, loadshedding and poor logistics performance by State-owned freight company Transnet – have impacted on coal miners’ approach to the just energy...
Earlier this year bearing and rotating technology specialist SKF South Africa was approached by a key client to assist with a bearing and housing selection for a ball mill that is being produced...
Glencore and Seriti Resources are in talks to cut hundreds of jobs in South Africa as their ability to export coal is stymied by inefficiencies at the state-run freight company. Transnet, which...
State-owned rail company Transnet Freight Rail (TFR) has announced that it is experiencing significant disruptions to rail services on some parts of the Cape Corridor as a result of severe weather...
Government has committed to finalise a Freight Logistics Roadmap, outlining a sequenced set of actions to fundamentally reform the logistics system, by the end of October. The commitment was made...
The Saldanha Iron Ore Terminal (IOT) will begin its 28-day yearly maintenance shutdown on September 28. During this period, the terminal will perform maintenance on its major equipment across...
As D-Day for the Medium-Term Budget Policy Statement (MTBPS) approaches, it is evident that the National Treasury will need to go against the political grain if it is to achieve its objective of...
B2Gold has reported that all long-lead items for the 2024 construction season have been received at its freight consolidation points.
South Africa’s beleaguered state ports and rail company deepened its feud with the private sector, accusing business chambers of intimidation because they owe it money. A September 12 letter from...
The Goose gold mine, in Nunavut, is on schedule to pour its first gold in the first quarter of 2025, Vancouver-based B2Gold reported on Monday. The company also stated that its construction...
Transnet Freight Rail's (TFR's) rail link into the Port of Port Elizabeth has been heavily damaged by rough sea conditions that caused a wash-away of the track formation on September 16. This is...
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