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Minerals Council CEO Mzila Mthenjane (left) and VP Paul Dunne. South Africa will be well represented at Shanghai Platinum Week, Minerals Council assures
Published: 28 Jun 24
South Africa will be well represented at the upcoming Shanghai Platinum Week 2024, which takes place from July 8 to 11, Minerals Council South Africa VP Paul Dunne has highlighted. This major event will occur amid the growth in demand for platinum group metals (PGM) applications in China being extremely high, which makes detailed access to the Chinese market hugely advantageous for South Africa.
Businessmen shaking hands Dealmakers optimistic on global M&A prospects despite sluggish growth
Published: 28 Jun 24
Global mergers and acquisitions (M&A) activity grew at a sluggish pace in the second quarter, yet many dealmakers are upbeat, forecasting transactions will pick up in the second half of 2024. Stubbornly high interest rates, a hostile regulatory environment and a frothy stock market that has made valuations pricey weighed on dealmaking in the last three months.
Photo of Terence Creamer The future of Operation Vulindlela Has Video
Published: 28 Jun 24
Engineering News editor Terence Creamer discusses the issues tackled during Phase 1 of Operation Vulindlela and the successes achieved thus far; the likelihood of Operation Vulindlela continuing as programme of action under the new government of national unity; and what could be on the agenda during Phase 2.
Photo of Martin Creamer Hydrogen fuel cell electric vehicles, mining's socioeconomics, Western mining make headlines Has Video
Published: 28 Jun 24
Mining Weekly Editor Martin Creamer discusses the initiative that will boost platinum-based hydrogen fuel cell electric vehicles; the role of mining in South Africa’s socioeconomic wellbeing; and the the business model of the Western mining industry needing new power.  
Image of The Spar Group national logistics executive Solly Engelbrecht The Spar Group targets water-saving measures
Published: 28 Jun 24
The Spar Group has been steadily implementing proactive water-saving measures within its logistics operations amid the increasing threat of water insecurity across South Africa. Potential water insecurity poses a significant threat to the integrity of retail supply chains across South Africa, as disruptions to water supply and water quality can lead to significant operational and financial risks to the South African economy, said The Spar Group national logistics executive Solly Engelbrecht.
SHINING INVITATION
De Beers Group is calling on young aspiring jewellery designers from their producer countries to enter the 2024 Shining Light Awards
Awards focus on development of designers Has Video
Published: 28 Jun 24
By focusing on sustainability, innovation and comprehensive industry exposure, diamond miner De Beers’ Shining Light Awards is evolving to meet the changing needs of the jewellery industry to recognise and support talented youth and as a means of boosting their careers. The competition, established in 1996, has become a key platform for discovering and nurturing young jewellery design and innovation talent, says De Beers beneficiation manager Kagiso Fredericks.
MAJOR SERVICE The 50 000-hour component replacement project is intended to bring heavy-wear components back into a serviceable state that is in line with original equipment manufacturer specification Electric shovels receive 50 000-hour service
Published: 28 Jun 24
A 50 000-hour component replacement project on one of the large electric rope shovels owned and operated by original-equipment manufacturer (OEM) Barloworld Equipment (BWE) Botswana is going to plan, with recommissioning of the equipment expected in September 2024. The project is being undertaken by diamond producer Debswana which employs Bucyrus electric rope shovels of the 212 model at its Jwaneng operation, for which BWE Botswana provides parts and maintenance services.
Yes, there are problems at SA ports, but World Bank report not entirely accurate – SAAFF
Published: 28 Jun 24
The newest World Bank Container Port Performance Index (CPPI) report, which places a number of South African ports at the bottom of the list, covers the crisis-ridden 2023 period, and does not take into account the corrective action taken since Transnet has been under new management as part of a recovery and transformation strategy, says Southern African Association of Freight Forwarders (SAAFF) CEO Dr Juanita Maree. “To contextualise, this was a period at the height of the crisis.
Cape Town calls for private-sector intervention as port ranks worst in the world
Published: 28 Jun 24
According to the newly published World Bank Container Port Performance Index, compiled from 2023 data, the Port of Cape Town is the worst performing port in the world. It is joined in the bottom 16 of the 405-strong list of container ports by Durban, Ngqura and Port Elizabeth (Transnet still refers to the port by this name).
Recovery in logistics sector continued in April despite ports being lashed by storms – Ctrack index
Published: 28 Jun 24
After declining in the first two months of the year, the Ctrack Transport and Freight Index (Ctrack TFI) continued its momentum in April to reach a level of 123.4 – an increase of 2.8% compared with March. This is also 1.5% above the levels seen a year ago.
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