ARM board approves construction of chrome recovery plant at Bokoni platinum mine
The construction of a chrome recovery plant at Bokoni Platinum Mine has been approved by the board of African Rainbow Minerals (ARM). ARM acquired Bokoni from Anglo American Platinum and Atlatsa Resources in September 2022.
Sanral weathers challenging year to post strong performance
The South African National Roads Agency Limited (Sanral) says its 2023/24 financial year was characterised by resilience and agility, to conclude with a strong financial performance, an unqualified audit report and accelerated investment in road infrastructure. The total spend on toll roads came in at R4.1-billion, while expenditure on non-toll roads came in at R23-billion, [...]
RFA, SAAFF call for greater urgency on private sector’s participation in ports
Following the recent High Court judgment on the Durban Container Terminal (DCT) Pier 2, which halted the contract between Transnet and International Container Terminal Services (ICTSI), the Southern African Association of Freight Forwarders (SAAFF) has highlighted the key role it believes the private sector could play in South Africa’s logistics network. While the court’s decision [...]
South Africa power-line rollout set to spur bond market revival
A multibillion-dollar plan to expand South Africa’s electricity transmission network could throw a lifeline to the country’s corporate bond market as it struggles to recover from a post-pandemic slump. The National Transmission Company South Africa, a state-owned company that will operate separately from parent Eskom, said this week it plans to spend R112-billion on transmission [...]
Business sees third-party rail access as crucial to meeting 250Mt volume target
An initial assessment by business into what it would involve to raise yearly freight rail volumes to 250-million tons, estimates that Transnet’s recovery alone could lift yearly volumes to about 190-million tons, leaving 60-million tons to be met through reforms aimed at opening the rail network to private-sector participation (PSP). The assessment also indicates that [...]
Dormant PGMs, chrome mine acquired by job-creating JSE AltX-listed resource investor
Johannesburg Stock Exchange Alternate Market AltX-listed company Mantengu Mining has been provided with a platinum group metals (PGMs) and chrome mining industry opportunity by PGMs major Sibanye-Stillwater, the State-owned Industrial Development Corporation (IDC) and the Development Bank of Southern Africa (DBSA), through the company's acquisition of the dormant Blue Ridge Platinum Mine. “Without the support of [...]
Danish Energy Agency backing project to validate wind resources of South Africa’s coal heartland
The Danish and South African governments are partnering on a project to map the wind resources of the coal region of Mpumalanga, where access to the grid for new renewables projects is less constrained and where initiatives are under way to explore alternative livelihoods for workers and communities who could be affected by coal mine [...]
Court blocks top Africa port deal as Maersk contests award
A South African court temporarily blocked a deal between the nation’s state-owned logistics firm and a company owned by Filipino billionaire Enrique Razon to expand and run sub-Saharan Africa’s biggest container port after AP Moller-Maersk challenged the award. Maersk unit APM Terminals was among the unsuccessful bidders in a tender run last year by South Africa’s state-owned [...]
The biggest obstacle to renewable energy in Africa? Red tape, AOW delegates hear
The key problems in implementing renewable energy in Africa (including South Africa) are regulatory, participants in a panel discussion at Africa Oil Week (AOW) reported, on Wednesday. AOW is being held at the Cape Town International Convention Centre. The issues were not so much the amount of regulatory compliance needed but, what was often much [...]
$860m ilmenite beneficiation project enters bulk earthworks phase at Richards Bay IDZ
The bulk earthworks phase of the Nyanza Light Metals plant to advance ilmenite up the value curve as titanium dioxide pigment (TiO2) has begun at the Richards Bay Industrial Development Zone (RBIDZ) in South Africa’s KwaZulu-Natal province. Nyanza will process ilmenite produced from the mining of heavy mineral sands, which are abundant in Africa, to [...]
$21bn increase in off-grid solar investment needed to facilitate universal energy access
A $21-billion increase over current investment levels is required to realise the off-grid potential of solar power to contribute to universal energy access, according to the latest ‘Off-Grid Solar Market Trends Report’ (MTR) 2024, published on October 8 by the World Bank’s Energy Sector Management Assistance Programme (ESMAP) and the Global Off-Grid Lighting Association (Gogla). The [...]
Mineral and Petroleum Resources Minister Mantashe reaffirms support for oil and gas
Ensuring the security of the country’s energy supplies and addressing energy poverty were objectives of the South African government, Mineral and Petroleum Resources Minister Gwede Mantashe told delegates at the Africa Oil Week 2024 conference, at the Cape Town International Convention Centre, on Tuesday. He was delivering the official welcoming address. The country needed a [...]