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The above image depicts an arial view of the Hermosa Mine

Consultancy awarded US contract

Published: 28 Jun 24

Engineering consultancy Worley has been awarded a contract to provide detailed engineering and procurement services for underground infrastructure and surface-based non-process facilities of diversified miner and metals company South32’s zinc/lead/silver Taylor deposit, which is part of the miner’s greater Hermosa project, in Arizona, in the US. Under this contract, Worley will support the design and procurement of underground mechanical and electrical infrastructure for excavation, power distribution and dewatering, along maintenance and ore-handling systems.

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.

Mercedes-Benz SA considers cutting 700 jobs on back of struggling economy, ports

Published: 28 Jun 24

Mercedes-Benz South Africa (MBSA) says it will move from three shifts a day at its East London plant to two shifts, in a move that could potentially cut 700 jobs. MBSA produces the C-Class for the local and export markets, with more than 90% of production exported. Production reached around 90 000 units last year.

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.

An image of the 2023 African Energy Week central stage

Event to highlight key African projects

Published: 28 Jun 24

The upcoming African Energy Week (AEW): Invest in African Energy 2024 conference will focus on critical industry issues and investment opportunities in Africa's energy sector, including discussion on key energy projects and Africa’s burgeoning green hydrogen industry. The conference will be held from November 4 to 8 at the Cape Town International Convention Centre in Cape Town.