SA gathering pace as rail, ports delivery improves
SOUTH Africa’s economy is gaining momentum as the country addresses long-standing structural bottlenecks, said Bloomberg News citing Standard Bank Group. The bank’s chief…
SA’s newest gold mine summons Joburg’s colourful history
SOUTH Africa’s gold industry has been dwindling for years. Once supplying 83% of all production outside the Soviet bloc, the country doesn’t feature in the global top 10 today.…
Roger Baxter to lead Southern Palladium US investor push
SOUTHERN Palladium has appointed economist and well known mining figure Roger Baxter as the exploration firm’s executive chairman. Baxter was previously non-executive chair of…
What another term of Gwede Mantashe means for mining
The reappointment of Mantashe as Minister of Mineral Resources and Energy has elicited mixed reactions, however. Mantashe took the reins of the mining portfolio in 2018 on a wave…
Smart money on juniors now cadastre paves way
COPPER 360 has shown what’s possible in South Africa’s junior mining sector. Since the miner cropped up in 2020 as Cape Copper Oxide Co, Jan Nelson has established an operational…
“Squeaky clean” Cockerill’s new endeavour
WHY do retired executives take nonexecutive positions? As a way of staying in the game, because of the handy fees, or just for a change of pace? It doesn’t appear to be the…
SA Govt’s plan to unleash army on illegal mining is doomed
SIBANYE-Stillwater’s Neal Froneman has more reason than most to want crime and corruption in the mining sector tackled. The precious metals miner, of which he is the founding…
SA’s Treasury throws Transnet debt lifeline with R47bn guarantee
SOUTH Africa’s National Treasury agreed to provide a R47bn guarantee facility to Transnet, the beleaguered rail and ports operator, said Bloomberg News. Citing a Treasury…
SA Govt to deploy soldiers to curb illegal mining
THE South African government has authorised the deployment of 3,300 soldiers in support of police efforts to curb illegal mining, said Bloomberg News. Citing a statement from the…
Transnet pencils in net profit for 2025 if capital funding secured
TRANSNET set out plans to return to profit in its 2024/25 financial year as part of a turnaround plan in which it confirmed the vertical separation of its biggest unit, Transnet…
SA warming to nuclear power as prepares request for proposals
THE South African government is warming to nuclear as a long-term solution to its power crisis, according to a report by News24. In a parliamentary briefing earlier this week, a…
Pravin Gordhan occupies the hot seat despite a fast-waning political career
MIGHT a critical visit to China in an effort to resuscitate the purchase of locomotives and spare parts for Transnet be one of the last important acts of department of public…
Where does Govt.’s CGS really stand on participation in SA mining projects?
THE South African government’s Council for Geoscience (CGS) has provided some conflicting messages on its strategy for stimulating South Africa’s mineral exploration sector with…
SA coal exporters warn of KZN protests as campaign blames them for Eskom loadshedding
SOUTH African coal producers raised concerns today that protests could disrupt exports following a social media campaign blaming them for Eskom’s loadshedding. The Minerals…
Mark Willcox, dealmaker behind Tokyo Sexwale’s once burgeoning mining empire, dies
MARK Willcox, the former CEO of Mvelaphanda Holdings and right hand man to Tokyo Sexwale, has died. Willcox, who had been contending with ill health, suffered a heart attack over…
Off the rails: Is Transnet is losing the battle against crime, corruption and incompetence?
THE raw data emerging from Transnet exposes how frayed the lifeline to global markets has become for the country’s bulk minerals exporters. At the time of writing, Transnet was…
Ten years after the Marikana atrocity, social pressures are building dangerously
A REPORT produced by South Africa’s auditor-general, Tsakani Maluleke, in June painted a bleak picture of local government performance. Only 16% of the country’s 257…
Sibanye-Stillwater says miners taken hostage at K3 shaft in May is typical of social unrest
ABOUT 50 employees at Sibanye-Stillwater’s Marikana mine were held hostage over two nights in May, according to a letter addressed by the company to the alleged perpetrator, the…
Glencore seeks to SA stem political fallout saying President Ramaphosa not involved
GLENCORE sought to quell political fallout in South Africa stemming from findings delivered by anti-fraud organisations last week, saying today the country’s president Cyril…
SA mines minister calls for judicial review of corruption report as pressure grows to resign
SOUTH African mines and energy minister, Gwede Mantashe, is to seek a judicial review of the country’s report into state-linked corruption in an effort to stave off demands he…