Tag: Extractive industries

R4.5 Billion Investment Represents a Change in Minerals Beneficiation (Department of Trade, Industry and Competition) The Deputy Minister of Trade, Industry and Competition, ...

Nigeria Finance Act 2023: Increased taxes and import levy aim to boost revenue (Nairametrics) The Finance Bill 2023 which was signed into law on 28 May 2023 by former President, M...

Namibia takes control of its resources as it bans the export of unprocessed vital mineral (Business Insider Africa) The country’s Ministry of Information also disclosed that onl...

Agri SA reiterates warning of food shortages, price spikes as loadshedding continues (Engineering News) Industry body Agri SA has implored President Cyril Ramaphosa to addres...

Top African Coal Port’s Snags Are No Match for European Demand (Bloomberg) South Africa’s state-owned rail company Transnet last year delivered the smallest amount o...

Transnet’s rail and harbour capacity has been entirely overwhelmed by South Africa’s surging manganese production over the past decade. In 2011, South Africa exported less than...

There is a growing trend in sub-Saharan Africa to deploy Floating Liquified Natural Gas (FLNG) technology to develop gas resources. Although generally much smaller (in terms of out...

The widely expected development of a South African gas economy, especially after the discovery of massive reserves in neighbouring Mozambique in February 2010, has failed to take o...

Earlier this year, the London Bullion Market Association estimated that there are 15 million artisanal and small-scale gold miners in the world, responsible for 15-20 percent of gl...

Local news Metals, engineering sector bearing the brunt of various economic events (Engineering News) After starting the year off strong, the outlook for the metals and engineeri...

The signing, in June, of a framework agreement between the Government of Tanzania and two oil and gas majors, Shell and Equinor (previously Statoil), is an important milestone in g...

South African mining enjoyed a magnificent 2021. Driven by soaring international commodity prices, the value of minerals production exceeded ZAR1 trillion, that year, the highest v...

Local news SA Cangegrowers calls on government to honour Sugar Masterplan commitments (Engineering News) When Minister Ebrahim Patel delivers the budget for the Department of Tra...

Local news Covid-19 sets SA auto industry back three years in achieving masterplan targets (Moneyweb) The Covid-19 pandemic has put South Africa’s automotive industry back by a...

It is widely known that South Africa’s gold mining industry has been in decline for many years. But what may be less well-known outside specialist circles is the extent to which ...

The possibility of a global ban on fossil fuels has ominous developmental implications for much of Africa. Nearly 50 percent of the continent’s exports are made up of hydrocarbon...

Local news South Africa takes massive digital leap forward, says Ramaphosa (Engineering News) Last week, government concluded the auction of high-demand spectrum for mobile telec...

When TotalEnergies declared force majeure on its Liquid Natural Gas (LNG) project in Mozambique’s northern Cabo Delgado province in April last year, in the face of a violent...

Fraudulent activity in South Africa’s second-hand gold market has been happening for years. But the details contained in a 2021 judgement suggests that the scale of this trade ma...

Country-related news Trade Statistics for December 2021 (South African Revenue Service) SARS has released trade statistics for December 2021 recording a preliminary trade ba...