TFR reports new derailment on iron ore line
A NEW derailment on the Sishen-Saldanha rail route is preventing deliveries of iron ore for export, said Transnet's freight rail business unit (TFR).
"TFR confirms...
Transnet may bring iron ore locos back to service
TRANSNET CEO Portia Derby said the state-owned company was close to signing maintenance contracts that would return locomotives to service deemed critical in supplying...
Iron ore exports disrupted after copper cable theft incidents this week,...
IRON ore exports from South Africa's Northern Cape province have been disrupted this week, according to a statement by Transnet Freight Rail (TFR) which gave...
Update: Kumba says iron ore rail reopened after Transnet reports copper...
TRANSNET Freight Rail said it had suspended one of two rail lines that transports export iron ore, as well as manganese, from South Africa's Northern...
Bushveld Minerals shares gain a fifth after firm unveils refinance of...
SHARES in Bushveld Minerals gained a fifth by midday trade in London following an annoucement it had agreed to refinancing a $45m convertible loan...
Merafe to get electricity tariff relief but Transnet chrome volumes 50%...
MERAFE Resources is optimistic of getting relief from crippling electricity tariff increases after getting "solid traction" in discussions with Eskom, the state-owned power company.
This...
Kumba weighs Transnet penalties after utility failures cost firm R10bn in...
KUMBA Iron Ore said it was "in discussions" with Transnet regarding financial penalties that may apply in a 'take-or-pay' rail contract after the state-owned...
Kumba cuts dividend, but stays optimistic it can help resolve Transnet...
KUMBA Iron Ore CEO, Nompumelelo Zikalala said the Anglo American company had been able to counter the impact of heavy rains so far this...
South32 says Transnet’s BEE plans will increase mining costs and frustrate...
SOUTH32 said a proposal by Transnet to allocate capacity on its freight rail service to junior miners would increase costs and frustrate growth in...
Kumba to post hefty fall in profit after turmoil at Transnet...
KUMBA Iron Ore will report a 38% to 44% decline in headline and basic earnings for its 2022 financial year as lower market prices,...