Improved sentiment in South Africa under the new government of national unity and strategic partnerships are driving growth in the mining industry. With structural reforms and private sector involvement, South Africa aims to boost its mining sector, addressing challenges in energy, logistics, and infrastructure.
Mining production in South Africa continued to decline in July 2024, with key commodities like PGMs, coal, and iron ore driving the downturn. The Minerals Council highlights ongoing challenges, including deep mining costs and logistics issues, affecting overall sector performance.
Trafigura appoints Jiri Zrust as Global Head of Operational Assets, a new role that will oversee the management of the Group’s operational assets in infrastructure, oil, mining, logistics, and renewables. Zrust brings extensive experience from CVC Capital Partners and Macquarie Group.