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The Newcastle Works

3 500 jobs at risk as ArcelorMittal mulls closure of longs units at Newcastle, Vereeniging  

By: Terence Creamer     28th November 2023 Steel producer ArcelorMittal South Africa has indicated that it may close its long-products business, which could result in the loss of 3 500... 

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South Africa risks losing business investment over visa ‘chaos’ 

By: Bloomberg     6th November 2023 In one of the world’s most unequal nations an acute shortage of skilled workers is restraining already tepid growth, limiting job creation and... 

Menar MD Vuslat Bayoglu

South Africa has the skills to resolve the Transnet issue – Menar  

By: Martin Creamer     3rd November 2023 South Africa has the skills to resolve the Transnet issue, says Vuslat Bayoglu, the MD of Menar, a private investment company with an actively... 

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Medium-Term Budget sounds a clear warning about the state of South Africa's public finances

Medium-Term Budget sounds a clear warning about the state of South Africa's public finances

2nd November 2023 The Medium-Term Budget Statement (MTBS) laid bare the consequences of the failures of state-owned entities like Transnet and Eskom, which is... 

BHP CEO Mike Henry.

Potash presenting BHP with exciting growth path, CEO tells AGM

By: Martin Creamer     1st November 2023 Johannesburg-listed diversified mining major BHP has an exciting growth path ahead in potash used in fertilisers essential for food security and... 

Anglo American reports third-quarter production.

Anglo: copper production up, rough diamond production down 

By: Martin Creamer     24th October 2023 The copper production of diversified mining company Anglo American increased by 42% in the third quarter owing to the ramping up of the new... 

Saldanha Bay Transnet port terminal.

Anglo’s Kumba achieves iron-ore prices above benchmark in third quarter

By: Martin Creamer     24th October 2023 Iron-ore prices strengthened during the third quarter of this year despite a 7% increase in global iron-ore supply and thin steel mill margins.... 

Envusa's energy trading area.

Anglo's Envusa applies to trade 520 MW of green electricity with seven operations 

By: Martin Creamer     19th October 2023 Renewables company Envusa Energy, which is owned jointly by Anglo American in partnership with EDF Renewables, this week lodged an application for... 

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