PORTS
MPRD in 2026: A maze of mineral policy
- Tim Cohen
THE JSE looks set to lose yet another promising mid-cap stock, with mining explosives and agribusiness Omnia Holdings now on the cusp of a buyout, assuming a planned sale to Indian group Solar goes ahead. Its…
THE US Department of Defense is to take a stake of almost 20% in tungsten producer Elmet Group, the latest in a series of government investments aimed at reducing America’s reliance on China for critical…
OMNIA Holdings said on Monday it had received a buyout offer from Indian company Solar Industries worth R21.5bn. The offer, which values the South African mining explosives and agribusiness group at R134.50…
On 12 September 2023, a significant new chapter was written in South Africa’s mining industry at the Johannesburg Stock Exchange (JSE). The launch of the Junior Mining Council (JMC) marked more than the birth…
A SENIOR US official said this week Washington would help Kenya build a critical minerals processing industry. The offer comes amid US-China rivalry over access to such resources, according to a report by…
A SHRINKING supply of natural gemstones is pushing collectors and jewellers beyond the traditional favourites that have dominated the market since the Second World War, driving up prices for once-overlooked…
TRANSNET has targeted 65 million tons (Mt) in delivered coal exports after another year of rail volume growth, but debt and weak cash generation have put a brake on its ambition. Transnet CEO Michelle…
SOUTH Africa’s freight rail reform has moved past the stage of being dismissed as another policy aspiration without a timetable. The Transnet Rail Infrastructure Manager (TRIM) now exists, with its own CEO,…
RIO Tinto has agreed to buy the Aurukun bauxite project in Queensland from Glencore and Mitsubishi Development for an undisclosed sum, Bloomberg reported. The project is close to Rio Tinto’s existing bauxite…
KROPZ, a phosphate producer majority-owned by Patrice Motsepe’s African Rainbow Capital (ARC), will restructure its Elandsfontein mine in South Africa, putting 238 contractor jobs at risk, Bloomberg reported.…
THE Democratic Republic of Congo plans to tighten state control over geological data used by mining companies, Reuters reported. The move could give the country greater sway over future mineral discoveries…
Governments across Africa are seeking to assert greater control over their mineral wealth by rewriting mining codes, demanding larger equity stakes or greater local participation, scrapping investment…
SOUTH African mining input cost inflation slowed in July, but high fuel and other energy-linked costs still weighed on the sector. The Minerals Council South Africa said its Mining Composite Input Cost Index…
ALBEMARLE has named BHP executive Ragnar Udd as its next CEO, Reuters reported on Thursday. Udd, currently BHP’s chief commercial officer, will take over on February 1, 2027, replacing Kent Masters, who will…
BHP Group’s chief commercial officer, Rag Udd, is to leave the world’s biggest miner at the end of January, said Bloomberg News citing LinkedIn posts. Udd’s departure marks the most senior departure since…