Commentators have noted that Transnet is a major institution wherein government’s planned R2 trillion infrastructure programme seems to be materialising – while infrastructure spend in other industries has seemingly dried up.
According to the preliminary data released by Statistics South Africa, in July this year the seasonally adjusted index of manganese ore decrease by 6.8 percent compared to the prior month, while nickel production reduced by 8.7% month
The Board of OM Holdings Limited (“OMH” or the “Company”, and together with itssubsidiaries, the “Group”) is pleased to report an increase in revenue for the half year ended30 June 2014 from A$158.9 million to A$259.9 million.
South African manganese ore exports to India more than doubled in the first six months of 2014, compared with the same period last year, helping to drive a 39% rise in exports from the country overall.
On YoY basis, in June this year South African iron ore production fell 1.2% manganese ore production increased by 30.7% while the country's nickel output expanded by 15.3%.
Manganese miner OM Holdings (OMH) has reported solid production during the three months ended June, with the miner producing 225 095 t of manganese product, grading 36.35% at its Bootu Creek mine, in the Northern Territory.