Deal with Chinese supplier key for Transnet to haul more coal
Transnet has come under fire from exporters of bulk commodities because it can’t supply them with adequate rail capacity at a time when demand is booming.
IGF says the pandemic will have longer- term consequences on employment in the large-scale mining sector as a result of impacts on local suppliers and community economic activities, mining capex forecasts and current investments.
Cobalt prices are up 30% this year and nickel has rebounded from its pandemic lows, powering the MINING.COM EV Metal Index to $1.2 billion so far this year.
The Jersey-based gold producer is weighing an acquisition of Bilboes Gold Ltd.’s Isabella-McCays-Bubi mines, in northwest Zimbabwe, according to a person familiar with the details.