Kumba opens contract talks with Transnet amid uncertainty
KUMBA Iron Ore may need more capacity on Transnet’s Sishen to Saldanha Bay railway, but where volume isn’t in shortage is in complexity. Not, at least, when it comes to running a…
Kumba hails “stabilisation” of Transnet logistics chain
KUMBA Iron Ore CEO Mpumi Zikalala on Tuesday said there were signs of a “stabilisation” in the performance of Transnet Freight Rail (TFR), the South African government’s ports…
Kumba guidance threatened as on-mine stocks grow 0.9Mt
STOCKS of iron ore increased nearly one million tons at Kumba Iron Ore mines in the first six months of this year as state-owned rail and ports company Transnet continued to…
De Beers chops its production forecast for 2024 as the diamond market fails to recover as expected
De Beers has chopped its rough diamond production forecast for 2024 by about 10% dropping it to between 26m and 29m carats from the previous estimate of 29m to 32m carats.…
Anglo delivers last of 10 Capesize+ vessels fuelled with LNG
ANGLO American said it had delivered the last of 10 cargo ships powered with liquefied natural gas after the Ubuntu Liberty completed its maiden voyage from China to Saldanha Bay…
Minerals Council says letter to Transnet’s Derby ‘mandated’ after Kalagadi quits industry body
THE Minerals Council defended a letter asking for the resignation of Transnet CEO Portia Derby in December, saying decisions of this order had the mandate of the organisation’s…