Can SA take Govt’s $121bn trains strategy seriously?
LATE last month, South Africa’s department of transport released for public comment its draft national master plan to revitalise, modernise and expand South Africa’s rail system,…
Court orders Chinese firm to release train parts to Transnet
A SOUTH African court has ordered China’s CRRC E-Loco to release locomotive spares withheld from Transnet in a long-running contract dispute, said Reuters citing comments made by…
Police officer killed during cable theft at Kenmare mine
A POLICE officer was killed at Kenmare Resources’ Moma mine in Mozambique in an event related to the theft of electrical cables, the UK-listed firm said today. On September 30,…
South Africa’s illegal gold mining is surging again
Against the backdrop of record high prices for gold, Sibanye-Stillwater has reported a surge in illegal mining incidents and arrests around its South African operations that…
TFR forecasts 48Mt coal deliveries for 2023/24 financial year
TRANSNET last week forecast railed export coal to Richards Bay of 48 million tons (Mt) for the 12 months ended March 31 compared to its target of 60Mt. However, the state-owned…
TFR announces plans to up tempo of coal deliveries
TRANSNET Freight Rail, a division of Transnet, said on Thursday it was ramping up coal trains along its North Corridor in order to ease port congestion which has crippled…
Defiant Mzimela blames “Chinese retaliation” for TFR failure
A DEFIANT Sizakele Mzimela, CEO of Transnet Freight Rail (TFR), faced the Joburg Indaba mining summit today just hours after announcing her resignation and blamed the lack of…
“Nowhere to hide at Transnet” as overhaul gains momentum
THERE’S no longer any hiding place at Transnet in the drive to reform the organisation as could be seen from the developments over the past week, according to former Exxaro…
Through self-help SA’s miners have pared the power crisis
THE mood wasn’t exactly celebratory, but Impala Platinum (Implats) spoke for South Africa’s mining industry when it acknowledged last week that Eskom-sponsored load curtailment…
SA chrome exports via Mozambique to increase 23%, says Transnet
TRANSNET Freight Rail (TFR), a division of South Africa’s government-owned port and rail firm Transnet, is to increase chrome and ferrochrome exports to Mozambique’s Maputo port…
Exxaro continues to build up cash ahead of decisions on diversification
Exxaro revenues and profits took a beating in the six months to end-June as expected but the group remains in good shape overall thanks in no small part to its tight-fisted…
Implats impairs Canadian mine by R7.8bn as palladium plummets
IMPALA Platinum (Implats) has taken a heavy hit on its Canadian mine, impairing the asset by more than half its initial R11.4bn purchase price in 2019. Commenting in a further…
Why the Minerals Council got it wrong with Transnet
MENAR CEO Vuslat Bayoğlu remains optimistic about the future of the South African mining industry but there’s a certain caution compared with his attitude of some five years…
Sibanye-Stillwater says shaft ‘incident’ to hit third quarter gold output
SIBANYE-Stillwater said it was facing a new disruption to gold output just over a year after resolving a three-month strike at the South African shafts. The Johannesburg-listed…
Wanblad says Kumba to be “reconfigured” as Transnet rail fail expected to persist
KUMBA Iron Ore would be “reconfigured in the short-term” to account for export bottlenecks, said Duncan Wanblad, CEO of Anglo American which owns 70% of the South African…
Kumba cuts sales, reins-in capex by R2bn as rail issues hurt iron ore deliveries
KUMBA Iron Ore cut mineral sales and reined in capital expenditure R2bn owing to lower railed product to Saldanha port for the six months ended June. The Anglo American…
Richards Bay terminal operator resumes after Transnet Ports lifts work stop
TRANSNET National Ports Authority (TNPA) announced over the weekend the resumption of a terminal operator at Richards Bay port. The unnamed operator had been suspended earlier in…
Transnet warns of truck congestion at Richards Bay after operator suspended
TRANSNET National Ports Authority (TNPA) said today a terminal operator at its Richards Bay facility had been shut down leading to congestion of truck deliveries. The operator…
Coal exports to be higher in 2023 as industry collaboration gathers pace – Transnet
TRANSNET said its freight division was “well on track” to exceed coal exports for its 2022/23 financial year of 48.7 million tons (Mt) in the current year owing to collaboration…
Exxaro books another six months of logistical constraint with coal sales down 7%
ANOTHER stuttering performance from state-owned entities Eskom and Transnet Freight Rail (TFR) in the first half of 2023 has capped the ability of Exxaro, one of South Africa’s…