Randgold pursues Gold Fields over Kebble-era share theft
ON the night of September 27 2005, Brett Kebble climbed into his silver-grey Mercedes-Benz S600 and drove into the Johannesburg dark. Near a bridge over the M1 in the city’s…
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,…
Govt should step aside and let business build SA
WHEN I read about the KwaZulu-Natal high court ruling allowing the Philippines-based ICTSI to proceed with the upgrade of Durban’s Container Terminal Pier 2, I had two thoughts:…
Kenmare downgrades 2025 output after Nataka project delay
KENMARE Resources downgraded its ilmenite production forecast for this year owing to delays at a $341m project aimed at accessing a new section of the company’s Moma mine in…
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,…
Pan African detains 4,000 illegal miners annually
PAN African Resources has arrested about 4,000 illegal miners at its Mpumalanga underground operations in South Africa over the past year. This was after the gold producer…
SA coal exports may hit 57Mt as TFR continues turnaround
THE turnaround in coal exports during 2024 through the Richards Bay Coal Terminal (RBCT) that was reported in January has continued into 2025 with the terminal meeting forecast…
SA miners call on Govt for illegal mining strategy
THE Minerals Council SA has called on the South African government to approve a dedicated illegal mining strategy as precious metal theft and smuggling continue to damage the…
Pan African’s underground mines could check its ambitions
CAN Pan African Resources follow up on last year’s stellar performance? It was the JSE’s third-best performing share in 2024 — it doubled in value — owing to the improvement in…
DRDGold weighing AI in effort to cut gold theft
DRDGOLD was examining how by using artificial intelligence systems it could improve crime prevention – an increasing hazard for gold miners especially as the price of the metal…
Pan African calls time on rampant gold theft at Sheba mine
PAN African Resources said it had “had enough” of rampant gold theft and declining productivity at its Sheba mine in Mpumalanga which it is now restructuring. “It’s time for a…
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…
SA’s coal exporters are now buying spare parts for Transnet’s locomotives to boost railages
The Richards Bay Coal Terminal (RBCT) is buying spare parts to maintain Transnet’s locomotives as part of the coal industry co-operation effort to improve coal exports. This was…
RBCT agrees to export terms with Optimum Coal owner
RICHARDS Bay Coal Terminal (RBCT) said it had agreed export terms with Optimum Coal, the Mpumalanga province operation which was once owned by the Gupta family. “Absent anything…
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…
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…
Transnet to buy “longer range weapons” in fight against crime
TRANSNET is to up the ante in its fight against crime, according to a report by BusinessLive which said the state-owned rail and ports company was to issue a tender in December…
Transnet seeking R50bn for mission critical capex
TRANSNET needs at least R50bn in funding to eradicate the current maintenance backlog on its rail network and to restore it to its full capacity. According to Bessie Mabunda,…