Baltic index posts first gain in seven sessions

Wed, 07 Feb 2018 02:41:00 GMT
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the first time in seven sessions on Tuesday, following a rebound in capesize rat...
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South Africa’s mining industry must strike sustainable balance

Wed, 07 Feb 2018 01:57:00 GMT
The South African mining sector must strive to build a competitive, transformed and sustainable industry, the chairperson of the Council for Geoscience said at Mining Indaba in Cape Town this week....
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Baltic index falls to six-month low on weaker vessel rates

Tue, 06 Feb 2018 03:18:00 GMT
The Baltic Exchange’s main sea freight index slipped to its lowest level in nearly six months on Monday, weighed down by falling rates in all vessel segments. The overall index, which factors...
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Green light for Eskom to purchase renewable energy

Tue, 06 Feb 2018 01:19:00 GMT
Public Enterprises Minister Lynne Brown’s approval of Eskom’s application to purchase additional renewable energy from independent power producers may signal the start of a turnaround i...
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Zambia mining firm expressed concern on government plan to enforce rail transportation

Mon, 05 Feb 2018 02:35:00 GMT
Xinhua Net reported that Mining firms in Zambia expressed concern on the government's plan to introduce a law that will compel 30 percent of bulky and heavy cargo to be transported by rail. Last we...
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S.Africa approves Eskom application to buy more renewable power

Mon, 05 Feb 2018 01:22:00 GMT
South Africa’s government has approved an application by state power utility Eskom to buy more renewable power from independent producers (IPP), the public enterprises ministry said on Friday...
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Baltic index stretches losing streak, hits near 6-month low

Fri, 02 Feb 2018 03:09:00 GMT
The Baltic Exchange’s main sea freight index extended its slide to a fourth straight session to touch a near six-month low on Thursday, as rates fell for all vessel segments amid a seasonal s...
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Zambia's chamber of mines says rail transport law 'inappropriate and unworkable'

Thu, 01 Feb 2018 03:12:00 GMT
A new Zambian law compelling mining companies and other bulk cargo firms to transport at least 30% of their freight by rail is economically inappropriate and unworkable and should be reviewed, the ...
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Baltic index falls, capesizes mark worst month in 2 years

Thu, 01 Feb 2018 03:05:00 GMT
The Baltic Exchange’s main sea freight index fell on Wednesday as rates fell across vessel segments with the capesize index recording its biggest monthly percentage decline in two years. The ...
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Eskom pauses nuclear expansion plan

Thu, 01 Feb 2018 01:24:00 GMT
Eskom cannot afford to expand its nuclear power capacity, Calib Cassim, acting CFO of the South African utility, said yesterday. Cassim was speaking to reporters during the release of Eskom's finan...
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