Ahead of President Cyril Ramaphosa’s much anticipated new Cabinet appointments, the Organisation Undoing Tax Abuse is urging him not to reappoint Minister of Mineral Resources and Energy Gwede Mantashe, Higher Education Minister Dr Blade Nzimande and Transport Minister Sindisiwe Chikunga. Outa also suggests that Ramaphosa consider reducing the size of the new Cabinet. Outa CEO [...]

The University of Fort Hare, where the offspring of mineworkers were the first graduates, has agreed a R12.5-million, initial ten-year academic partnership with a gold mining major AngloGold Ashanti, which no longer mines in this country and is now domiciled in the London. Fort Hare is the university where the globally illustrious Nelson Mandela began [...]

China's nickel giant Tsingshan Holding Group has started production at its $1-billion steel plant in central Zimbabwe, a company official said on Thursday. Tsingshan's Dinson Iron and Steel Company will produce 600 000 metric tons of carbon steel annually during the first phase of its operations, project director Wilfred Motsi told reporters during a tour [...]

Green copper and clean smelting and refining are envisaged at Orion Minerals’ quickly advancing base metals mines in South Africa’s well-endowed Northern Cape province, which has historically produced 2.5-millon tons of copper until base metal mining ceased there several decades ago. The fully permitted and already reviving Prieska mine will begin producing its first saleable [...]

Contrary to much popular opinion, many sailors and other professional seafarers suffer, to greater of lesser degrees, from seasickness when they re-embark on sea voyages. Suffering dizziness, tiredness, general discomfort, and, at the worst, nausea and vomiting, undermines their ability to fulfil their duties, at least during the early stage of their mission. Effectively countering, [...]

The High Court has found in favour of Sasol Oil and TotalEnergies in relation to a long-running dispute with Transnet over pipeline tariffs from Durban to the Natref refinery and has awarded damages and interest to the two oil companies amounting to more than R8-billion. Transnet expressed disappointment at the judgment, which it said it [...]

Energy group Sasol reports that the High Court has found in favour of Sasol Oil and TotalEnergies in relation to a long-running dispute with Transnet over pipeline tariffs and that Sasol Oil has been awarded damages and interest of more than R6-billion. Transnet expressed disappointment at the judgment, which it said it intends to appeal.

“The sun is finally shining on us,” an upbeat Orion Minerals CEO Errol Smart enthused during an Australia/South Africa webinar on Wednesday, when he outlined how South Africa has become one of the world’s most compelling short-term investment stories. Predicting that this country's investment narrative would super heat over the next couple of weeks, he [...]

Energy-intensive Richards Bay Minerals (RBM), which consumes an average of 1.8 terawatts of power a year, was able to secure its latest 140 MW wind energy power purchase agreement (PPA) in six months. When operating at full capacity, RBMs, power consumption across its mining and smelting operations can reach up to 400 MW and this [...]

South Africa's competition watchdog has uncovered barriers to entry, distorted competition and price mark-ups in its fresh produce market, according to a provisional report released on Tuesday after an inquiry. Last year the Competition Commission launched the Fresh Produce Market inquiry in order to examine whether any features in the fresh produce value chain impede, [...]

The completed prefeasibility study (PFS) drilling campaign for the Bengwenyama platinum group metal (PGM) project, on the eastern limb of South Africa’s distinctively endowed Bushveld Complex, is emphasising the robustness of the upper group two (UG2) reef, project developer Southern Palladium reported on Tuesday. An updated mineral resource estimate (MRE) will now follow in the [...]

JSE-listed Telkom on Tuesday posted an improvement in its financial results for the year ended March 31, 2024, supported by its next-generation offerings and cost-optimisation efforts. The group reported a 5.2% increase in normalised earnings before interest, tax, depreciation and amortisation (Ebitda) of R10-billion during the year under review, owing to stronger operational performance and [...]