Mail & Guardian
Mail & Guardian
nolitha fakudelatest news & developments
The mining industry has the potential to grow if there is more investment in exploration projects. (Michele Spatari/Bloomberg via Getty Images)
BUSINESS

Mining industry sees light at end of the tunnel

The industry has struggled in the face of energy and logistics constraints, but signs of progress have stirred cautious optimism

  • Sarah Smit
4 min read
Portia Joy Derby, chief executive officer of Transnet SOC Ltd., at the Africa CEO Forum in Abidjan, Ivory Coast, on Tuesday, June 14, 2022. Photo: Andrew Caballero-Reynolds/Bloomberg via Getty Images
ANDRE DE RUYTER

Transnet and mine companies have ‘a brilliant working relationship’, says Portia Derby

Chief executive has recently come to blows with the Minerals Council South Africa, which called for her axing in a leaked letter

  • Sarah Smit
5 min read
Transnet is falling well below its target of shifting 200 million to 220 million tonnes of freight a year, at which point — it is estimated — it will begin to make a meaningful contribution to the economy. Its current target is 170 million tonnes a year. Photo: (Karel Prinsloo/Bloomberg)
COAL

Coal miners knuckle down to find solutions to Transnet failings

According to the Minerals Council, logistical constraints induced by the railway’s setbacks have cost mining industry R51 billion in exports

  • Sarah Smit
7 min read
In its budget review, the treasury flagged Transnet’s high debt levels, saying it needs to make faster progress on its plan to improve operations and finances
COMMODITY BOOM

Minerals Council ‘encouraged’ by talks with Transnet after leaked letter

Logistical constraints caused production to fall 6% in 2022, according to the mining industry employer organisation

  • Sarah Smit
3 min read
Happy Sindane’s body was found a few hundred metres from his home in Tweefontein, Mpumalanga on Monday, 1 April 2013. A family picture of Happy among his adopted family. (Madelene Cronjé)
ANTI MISCEGENATION

From Ebbie to Happy Sindane

Our society remains carved up because differences are viewed as weaknesses

  • Nolitha Fakude
5 min read
AMANDLA ESIZWE

Sasol announces BEE partners

Sasol on Wednesday announced the 50 black groups which will share in its R28-billion black economic empowerment (BEE) Inzalo transaction. They included energy and mining women’s…

  • Staff Reporter
2 min read
DEPARTMENT OF TRADE AND INDUSTRY

DTI ‘not at odds with Sasol’ over BEE deal

The Department of Trade and Industry (DTI) on Tuesday reiterated that it was "not at odds" with petrochemical giant Sasol over its proposed R7-billion employment share-ownership…

  • Sherilee Bridge
3 min read