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Stillwater repositioned for delivery through commodity cycle

By: Martin Creamer 12th August 2022 Prevailing macro-environment challenges and changing palladium market conditions have prompted a strategic revision of Sibanye-Stillwater’s United States platinum group metal (PGM) operations, which in June suffered a one-in-200-year flood at Stillwater, in the Montana region. These challenges... →

Special Offer on Research Briefs

10th August 2022 Creamer Media’s Research Channel Africa published a series of Mid-Year Briefs that investigates key developments in some of South Africa’s key industrial and mining sectors. →

African infrastructure developers to benefit from multi-billion-dollar G7 boost

8th August 2022 On June 28th, during the 48th G7 Summit in Germany, the G7 nations announced a USD 600 billion initiative in the form of grants, financing and private sector investments to fast-track infrastructure development, with a particular emphasis on Africa over the next five years. →

Bidding to be launched this month for private participation at Durban and Ngqura container terminals – Godongwana

By: Terence Creamer 5th August 2022 Request for proposal (RFP) documentation for private sector participation in the container terminals at the ports of Durban and Ngqura will be issued this month with the goal of having partnerships in place by January 2023, Finance Minister Enoch Godongwana reports. Delivering Operation... →

South Africa, Botswana agree to boost rail link

By: Donna Slater 5th August 2022 South Africa and Botswana have agreed, in principle, on joint development initiatives to be implemented by Transnet Freight Rail (TFR) and Botswana Rail (BR), to improve trade between the two countries, following a high-level business roundtable. The initiatives will enable landlocked Botswana... →

Angolan sovereign wealth fund invests further $10m in Pensana

By: Tasneem Bulbulia 5th August 2022 Aim-listed Pensana says Fundo Soberano de Angola (FSDEA), the Angolan Sovereign Wealth Fund, will make a further $10-million equity investment in the company in return for 12.3-million ordinary shares in Pensana. These funds will be directed towards Pensana’s Angola-based Longonjo project’s early... →

ITSSA to disband as project has realised its mandate

By: Irma Venter 5th August 2022 The Intelligent Transport Society of South Africa (ITSSA) has disbanded, as it has fulfilled its mandate, says CEO Dr Paul Vorster. An ITSSA annual general meeting in July confirmed a decision taken by the society’s board in June to close the project. →

TNPA initiates process for possible development of greenfield Boegoebaai port

By: Terence Creamer 4th August 2022 South Africa’s Transnet National Ports Authority (TNPA) has initiated a preliminary process for the proposed development of a new deep-water port at Boegoebaai in the far Northern Cape near the Namibian border, which has been earmarked as a possible hub for the production and export of green... →

Science, Innovation dept envisions a solid hydrogen economy by 2050

By: Marleny Arnoldi 4th August 2022 South Africa’s Department of Science and Innovation (DSI) views hydrogen as a key enabler of decarbonisation, particularly in the transport sector – heavy-duty trucking, shipping, aviation, and rail – and in major polluting industries such as steel, cement and chemicals manufacturing, as well as... →

Rail constraints costing South African miners billions of rands in lost exports

By: Tasneem Bulbulia 3rd August 2022 Despite bulk mineral exports being State-owned Transnet’s single biggest client base, South Africa is unable to access the full benefits of minerals exports, Minerals Council South Africa CEO Roger Baxter told delegates attending the first day of the South African Heavy Haul Association (SAHHA)... →