Consulting, engineering, construction and mobility services company Egis has received the signature of a contract with the government of Guinea to act as technical adviser for the construction of the Simandou iron-ore mining project’s infrastructure. Located 550 km southeast of Conakry, the project includes the construction of a 650 km railway line – the Transguinean [...]

A blistering rally in the cobalt market is turning into a rout, putting pressure on miners and offering tentative cost relief for carmakers after a surge in battery metal prices last year. Cobalt rallied sharply early in 2022 as demand for electric vehicles surged. But while automotive usage is still rising, there’s been a sharp [...]

ArcelorMittal South Africa (AMSA) expects initial construction work on a 200 MW renewable-energy plant in Vanderbijlpark, Gauteng, to begin during the fourth quarter of 2023, with a feasibility study into the solution nearing completion. The solar photovoltaic project is expected to cost R4-billion to construct and the facility will be built and operated by a [...]

State-owned logistics company Transnet plans to shrink the 20 000 km freight rail network it operates by at least 35% as it focuses on delivering more profitable cargo loads. Transnet, which also runs the nation’s main ports and pipelines, has been hobbled by a shortage of locomotive parts, the theft of cables used to operate [...]

Major South African mining company Exxaro Resources had based its ambitions regarding the global decarbonisation process on its realisation that its own transition process had to be inclusive, assured the group’s Executive Head: Sustainability, Mongezi Veti. He was participating in a panel discussion at the Investing in African Mining Indaba 2023, in Cape Town, on [...]

CAPE TOWN (miningweekly.com) – Renewable energy capacity will increase by 8% to 320 GW this year, Ivanhoe Mines founder and CEO Robert Friedland told the Investing in African Mining Indaba on Wednesday at an event themed on the comment of deceased US president John F Kennedy that the moon launch was being undertaken “not because [...]

The 91% black-owned and -controlled Seriti Resources was seen at the Investing in African Mining Indaba as setting a compelling example by generating wind energy to decarbonise its coal mining operations while at the same time going full tilt in supplying coal to Eskom and helping to eliminate South Africa’s loadshedding curse. Seriti Resources CEO [...]

Planned spending on capital projects in South Africa plunged 37% last year as the state scaled back expenditure, and the downswing is likely to continue in 2023, economists at Nedbank Group said. The value of new projects announced fell to R248.5-billion from R392.7-billion in 2021, Johannes Khosa, Crystal Huntley and Nomusa Soza said in a [...]

SA's highest court has declined to hear an application for leave to appeal a lower court's ruling that found the state was wrong to include Broad-based Black Economic Empowerment (B-BBEE) as a criterion to access Covid-19 relief grants in the tourism sector.  In April 2020, as the Covid-19 pandemic caused local and international tourism to [...]

Completed in January, the newly renovated and extended Steenbok Clinic, in Steenbok, Mpumalanga, was recently opened to the public following a partnership to renew it by JSE-listed industrial minerals, bulk commodities and construction materials miner Afrimat, the Mpumalanga Health Department and the Department of Mineral Resources and Energy. Afrimat’s Nkomati Anthracite mine, in Mpumalanga, officiated [...]

South Africa can have a working cadastral system by the end of the year, says a hopeful Minerals Council South Africa chief economist Henk Langenhoven. A minerals cadastre lists available mining or prospecting rights, properties currently under a mining or prospecting right and the expiry of currently held rights and the ownership thereof.

The Presidency is determined to remove all impediments in the way of the sustained growth of the South African mining industry, President Cyril Ramaphosa told the Investing in African Mining Indaba on Tuesday, where it drew full auditorium applause. In addition, Minerals Council South Africa welcomed the President’s interventions into removing obstacles curtailing mineral exploration, [...]