In floor space, the African Mining Indaba in Cape Town is dominated by engineers, consultants and suppliers. Invisible is a scratch-patch of worry populated mostly by South Africans. Money is pouring into Burkina Faso and Mali, countries run by juntas. But in South Africa the wheels are coming off.
January’s run rate of state-owned Transnet Freight Rail is about 42Mt on its critical north corridor that supplies export coal to Richards Bay. Even after a 10-day maintenance shutdown in November, that’s a fifth lower than last year’s total, which represented a 30-year low in performance and had the industry sucking air...
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The scary truth behind SA mining’s ‘revival’Mining & energy minister Gwede Mantashe says it’s all good, but mine bosses don’t agree.
Source: FinancialMail - 🏆 20. / 63 Read more »
The scary truth behind SA mining’s ‘revival’Mining & energy minister Gwede Mantashe says it’s all good, but mine bosses don’t agree.
Source: FinancialMail - 🏆 20. / 63 Read more »
The scary truth behind SA mining’s ‘revival’In truth, the mining industry is thriving globally, but failure in state-owned companies is leading South Africa to underperform and, worse, creating conditions for future unsustainability.
Source: FinancialMail - 🏆 20. / 63 Read more »
Source: ecr9495 - 🏆 38. / 51 Read more »
Source: mailandguardian - 🏆 2. / 92 Read more »