Providing necessary momentum to improve SA’s port infrastructure
As the world hopefully heads out of the COVID-19 lockdowns, trade and the shipping of more goods should continue to
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South Africa
Newco to convert plastic waste into syngas
Kibo Energy has concluded its due diligence regarding the agreement with South Africa-based IGES to jointly develop a portfolio of
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Kibo Energy refocuses strategy on renewable energy opportunities
Kibo Energy PLC, the multi-asset, Africa & UK focused energy company, has announced that, following an extensive review of the
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Kusile power station to be completed by 2025
Deputy President David Mabuza has been given the assurance that the Kusile power station will be completed within the 2024/25
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Wescoal Production slightly higher than the comparable quarter
Group mining production for the quarter ended 31 March 2021 (Q4’FY21) is in total 1% higher than the comparable quarter
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Sephaku Cement makes profits against last year loss
SepCem’s sales volumes were 9% higher year-on-year for the twelve months ended 31 December 2021 in spite of there being
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Exxaro: SA Scale Ratings raised by Standard & Poor’s rating services
Exxaro Resources has given notice that Standard and Poor’s (S&P) has on 14 June 2021 raised Exxaro’s National Scale Rating
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Eskom power stations tripped 711 times in 2020
Eskom has reported that it used 130% more fuel oil than anticipated for coal-fired power stations during the 2020 financial
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Chrometco commissions the final phase of chrome processing plant
Chrometco and the rest of the mining industry were faced with numerous challenges during the past year. Despite all the
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Load shedding: Koeberg will be key, says De Ruyter
Many years of deferred maintenance and delays in the commissioning of new power stations Medupi and Kusile have ensured that
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Sasol successfully completes divestment of the ASUs
On 10 September 2020, Sasol informed the market that Sasol South Africa Limited (“SSA”), a major subsidiary of Sasol, had
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FMF proposes immediate reforms to stop rolling blackouts
Johannesburg – The Stage 4 loadshedding (better understood as Stage 4 de-industrialisation) announced on 9 June 2021. The state maintains
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Katoro Gold Project to reprocess 1.34 million ounce of gold
Katoro Gold Plc has entered into a binding conditional agreement to form a 50/50 unincorporated joint venture in South Africa,
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Sasol restructures existing oil hedges, increases hedge cover ratio
Johannesburg – Sasol has made significant progress in deleveraging its balance sheet following a strong operating performance in a more
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BoatmanCapital: Thungela Resources is drowning in liabilities
Anglo American is demerging its thermal coal operations into a new company called Thungela Resources, which has listed its shares
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Jubilee: Further acquisition of PGM material in the Eastern Limb
Jubilee has announced a further substantial acquisition of the rights to 944 000 tonnes of PGM containing tailings in the
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Pan African gets Barberton Mines’ gold mining rights renewed
Pan African Resources has informed shareholders that the South African Department of Mineral Resources and Energy (DMRE) has granted the
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Jubilee Metals acquires PGM material in the Eastern Limb, SA
Jubilee, a leader in metals processing with operations in Africa, has announced acquisitions of strategic PGM tailings and an update
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Chromite and ferrochrome closely follow developments in China
The recovery trend across the chromium supply chain has been underpinned by recovering stainless steel output in China over the
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South32 completes South Africa energy coal divestment
South32 has announced that divestment of its 100% shareholding in South32 SA Coal Holdings Proprietary Limited (South Africa Energy Coal)
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Sasol to sell world’s biggest oxygen production site to Air Liquide
The competition commission has approved the acquisition of Sasol 16 separation units in Secunda by Air Liquide. Air Liquide, an
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HULAMIN: turnaround plan to return to profitability
Following operational disruptions in 2019 and 2020, Hulamin developed and implemented a turnaround plan to return to profitability and strong
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AFRIMAT: strong results amid favourable iron ore pricing
Afrimat delivered strong results for the year ended 28 February 2021 despite the effect caused by the sudden and unexpected
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East Manganese on course to commence production in July
East Manganese will produce first ore in July, while the dry crushing and screening plant is currently in the process
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Eskom cuts its crippling debt by 20 percent
Struggling South African state power utility Eskom Holdings SOC reduced its debt by almost a fifth after repaying matured loans
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Failures of Eskom transmissions adversely affected Two Rivers Mine
While all South African operations were impacted by Eskom load curtailment in March 2021, Implat’s Two Rivers was adversely affected
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State capture costs SA at least R50bn but the true cost is definitely higher
In South Africa, evidence is piling up at the Zondo Commission about how the Guptas interfered in the running of
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Sibanye Stillwater SA PGM operations delivered solid performance
The SA PGM operations delivered another very solid operating performance for Sibanye Stillwater, which together with a higher 4E PGM
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Marula delivers lower than planned mined volumes and milled grades
Operational continuity at Implats’ Marula mine was negatively impacted in the first quarter 2021 by community related interruptions during the
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Richards Bay Minerals GM killed in shooting incident
Based on numerous media reports, Richards Bay Minerals’ general manager was shot dead on Monday morning. Nico Swart was shot
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