Mining in South Africa | Despite a drop in profits, mining companies are progressing positively by investing in their future operations. Since the post-COVID-19 economic rebound, South African mining companies have enjoyed record levels of performance and shareholder returns. To find out more about this article please visit: https://www.miningreview.com/base-metals/mining-in-south-africa-adapt-to-thrive/ Resources: https://www.miningreview.com/
Fibre optics is a technology that has been around for decades, but in recent years, it has become increasingly popular around the world. Fibre optic cables use light to transmit data and have a number of advantages over traditional copper cables. One of the main advantages of fibre optic cables is speed. Fibre optic cables …
Discover why fibre optics is increasingly used worldwide Read More »
The Rand gained as much as 2.8% (ZAR17.22/USD) on the news that he had succeeded in his bid and was able to secure most of the ANC’s leadership positions for his allies. The outcome provides momentum for South Africa’s presidency to pursue much-needed economic reforms before citizens go to the polls in 2024. Despite new …
South Africa: Power sector reforms provide glimmer of hope Read More »
The next decade will be pivotal for the mining sector in Africa and there are many reasons to feel optimistic about deal-flow and transactions on the continent in the coming years, says Shirley Webber. While African producers and governments – including South Africa – have enjoyed a windfall from buoyant commodity prices in the latter part …
OPINION | From recycling to the Russian connection: Top trends shaping mining in Africa Read More »
Mining companies are among the hardest hit by mass power cuts, as Eskom presses ahead with stage four load shedding this week. Eskom implemented stage four power cuts from 1pm on Monday through to 5am on Friday due to generation capacity shortages. Stage two power cuts would then be implemented until further notice. Generating units …
MINING COMPANIES AMONG HARDEST HIT BY ESKOM BLACKOUTS Read More »
The Airports Company South Africa (Acsa) has published its financial results for the year ending 31 March 2021, with the Covid-19 pandemic and lockdown clearly impacting the group’s operations. Revenue was R2.2 billion for the 12 months, less than a third of the R7.1 billion generated in the previous financial year. While the company produced …
South African Airports expect good news for December holidays Read More »
SA’s mining sector delivered a solid financial performance for the 2020-2021 financial years with value delivered to all stakeholders despite the current challenging pandemic environment. The excellent financial performance resulted in mining companies being in a very strong financial position, with record distributions to shareholders and more than a tripling in taxes paid. Debt has …
SA’s mining sector delivers sterling performance – PWC Read More »
Imagine an optic fiber that can sense the presence of a nearby jackhammer and warn its owner that it is in danger of being dug up, just in time to tell diggers not to sink another shaft. Next, imagine that an entire city’s installed base of fiber could be turned into sensors that will make …
Imagine a fiber optic cable that can sense it’s about to be dug up and send a warning Read More »
The PRO5 has been unveiled for the first time publicly at MINExpo, along with the announcement of its new innovations. Equipped with a professional grade visual system, the PRO5 is the first mining simulator to combine stereoscopic 3D, a one-piece curved display, photo-realistic graphics and RealView™ head tracking technology. The PRO5 delivers realism at a …
“World first” mining simulator technology launched Read More »
The International Mining Safety Hub (IMS Hub) is now live. Founding partners Anglo American, AngloGold Ashanti, Harmony Gold, Impala Platinum, Sibanye-Stillwater, Teck Resources and the Minerals Council South Africa have come together to achieve the common goal of reducing fatalities and serious incidents in mining. The IMS Hub, powered by Jincom – a global visual …
