MiningMX
menarlatest news & developments
Vuslat Bayoglu, MD, Menar Group

The furnaces that could relight SA’s industrial ambition

MENAR Group, an unlisted coal producer, says it can double mineral exports from its South African mines and projects and create 800 jobs through new ferromanganese production.…

Transnet signs rail deals in major boost for network reform

TRANSNET said on Wednesday it had secured an additional 24 million tons of freight capacity on the South African rail network after signing agreements with 11 independently run…

Chrome concentrate

South Africa weighs 25% chrome export levy – report

SOUTH African authorities are mulling a 25% levy on raw chrome ore exports as part of efforts to rescue the beleaguered ferrochrome sector, which has haemorrhaged jobs amid…

Vuslat Bayoglu, MD, Menar

Coal industry “still evolving”, says Menar’s Bayoglu

COAL’S importance to baseload power generation and advances in technology that have helped reduce the fuel’s carbon footprint were being understated by its opponents, said Vuslat…

Global shocks have debunked the peak coal myth

THE world burns nearly double the amount of coal today compared to 2000, and four times the amount consumed in 1950. Every minute, 16,700 tons of coal are excavated globally –…

Anthracite

Menar buys Springlake anthracite colliery

MINING investment company Menar has bought Springlake Colliery, an anthracite mine previously owned by Mylotex after the operation was placed under business rescue. The…

Coal’s evergreen allure hard for investors to ignore

The pendulum has swung back to coal. Look no further than Glencore which is reconsidering retaining its coal production instead of demerging and separately listing the business,…

Illawarra coal sale unconditional, says South32

SOUTH32 said the sale of its Illawara Metallurgical Coal operations in Australia would be concluded in early September after announcing today the $1bn deal was unconditional.…

Menar plans to invest $100m reviving Metalloys

MENAR intends to invest $100m in a refit of Metalloys, the Gauteng-based manganese smelting facilities the privately-owned company bought from South32 last week. News24 cited…

South32 agrees Metalloys manganese sale to Menar Group

SOUTH32 said on Thursday it had sold its Metalloys facility in South Africa’s Gauteng province to Menar Group, a privately-held coal and manganese mining firm. The Australian…

Siza Mzimela, outgoing CEO, Transnet Freight Rail

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…

Vuslat Bayoglu, MD, Menar Holdings

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…

Close up of Manganese rock being moved on a conveyor belt

Menar throws weight behind Transnet following upgrades to manganese line

PRIVATELY-owned coal and manganese miner Menar threw its weight behind embattled Transnet, South Africa’s state-owned freight and logistics firm, saying manganese volumes were…

Europe’s coal grab raises uncomfortable questions about energy transition

GRAHAM Kerr has no regrets about taking South32 out of thermal coal last year. Despite the meteoric price rise for the fuel following Russia’s invasion of Ukraine – which has…

Mike Teke, CEO, Seriti Resources

Angry spat at conference between Govt and coal sector shows SA is far from Just Transition

A GLARING rift between the South African government and the country’s coal miners was revealed today at the Coal & Energy Transition Day conference being held in Johannesburg.…

Richards Bay Coal Terminal

Fuel blockades hit mineral exporters already struggling with Transnet

SOUTH African mineral exporters were said to be taking on additional costs as a result of road blockades earlier this week which – in some cases – compounded the freight problems…

SA coal exporters turn to trucks as Transnet dysfunction risks billions of rands in lost revenue

SOUTH African coal mining firms have resorted to trucking coal to the ports in a desperate effort to overcome a force majeure imposed by Transnet, the country’s beleaguered…

MC Mining says Uitkomst colliery resumes after losing about 5,600 tons of production

MINING resumed at the Uitkomst Colliery in KwaZulu-Natal province, said 70% owner MC Mining in a statement to the Johannesburg Stock Exchange. An estimated three-and-a-half days…

Coal production from KwaZulu-Natal disrupted by last week’s violent protests

COAL production from KwaZulu-Natal province in South Africa was widely disrupted last week owing to violent protests initially related to the imprisonment of the country’s former…