University of Cape Town (UCT) Department of Civil Engineering Emeritus Professor Mark Alexander’s wish to stand on top of a suspension bridge and experience its combined forces of nature and structural engineering was recently fulfilled when he got to inspect Africa’s longest suspension bridge – the R11.3-billion Maputo-Katembe bridge. Officially opened in November last year, the [...]

South African integrated poultry producer Astral’s operating profit decreased to R503-million for the six months ended March 31, compared with the R1.04-billion operating profit reported for the first half of the prior financial year, as a result of a R570-million decline in its poultry division’s profitability to R258-million. The company on Monday published its interim [...]

The Passenger Rail Agency of South Africa (PRASA) has welcomed a ruling by the Constitutional Court that dismissed an application brought by Swifambo Rail Leasing, which is in liquidation, for leave to appeal an earlier Supreme Court of Appeal (SCA) decision not to reinstate a contract for the supply of Afro4000 locomotives to PRASA. In [...]

JSE-listed Rebosis Property will sell three properties to JSE-listed Vukile Property Fund for R1.8-billion. The properties are Mdantsane City shopping centre, Sunnypark shopping centre and Bloedstreet Mall.

Zimbabwe has started rolling power cuts lasting up to eight hours that will also hit mines, a schedule from the State power utility showed on Monday, after reduced output at both the largest hydropower plant and ageing coal-fired generators. The power cuts will add to mounting public anger against President Emmerson Mnangagwa’s government as Zimbabweans [...]

Anadarko Petroleum said on Monday that a unit it jointly owns which markets gas from Mozambique has signed a long-term deal to supply liquefied natural gas (LNG) to Japan's JERA and Taiwan's CPC. This is its first long-term deal to be announced since the US independent energy group said late last week that it had [...]

A global push to dig new mines for steelmaking coal is drawing warnings that a supply glut could push the industry from a boom to a bust, mirroring the brutal 5-year price slump that ended in 2016. Coal’s use to generate electricity has declined precipitously in the US despite a revival push by President Donald [...]

The business rescue practitioners (BRPs) for the Optimum coal mine and the Koornfontein mines have put the assets back up for sale. The BRPs, along with major creditors, have set the closing date for the structured sales process at June 18.

The Competition Appeal Court (CAC) judgement on the merging of Lonmin with Sibanye-Stillwater is expected to be handed down in the Cape High Court on May 17 at 10h00, Mining Weekly Online can today report. The appeal against the merger was brought by the Association of Mineworkers and Construction Union (AMCU).

Tanzania’s transport ministry is seeking approval from lawmakers for its 2019/20 budget of 4.96-trillion shillings ($2.15-billion), which includes 2.48-trillion shillings for construction of a standard-gauge railway line. The railway line will link the East African nation’s commercial city of Dar es Salaam with the town of Mwanza along Lake Victoria, through the capital, Dodoma, Transport, [...]

The Eskom Sustainability Task Team – which has already had its proposal for the unbundling of the utility into three separate units accepted by government – is now finalising an updated report for President Cyril Ramaphosa which will include a financial recovery plan for the State-owned entity. Appointed in December 2018 the team includes Professor [...]

Gold-mining company Barrick is excited about ongoing opportunities in the Democratic Republic of Congo (DRC), where it is making progress with the new mining code, Barrick president and CEO Dr Mark Bristow told Mining Weekly Online on Thursday. Bristow, whose Randgold Resources is now fully integrated into Barrick, was speaking against the background of the [...]