Member Info for substp

I hope there is someone there now to get it started then..... Three lines there of interest to Elitheni if they want to ship coal out of phase 5 to Coega as well....... Branch line concession target is May 2015 – Public Enterprises 28-02-2014 - The Department of Public Enterprises says that it will oversee the introduction of “multiple private rail operators on the branch line network to revitalise the rail network” by March next year. The commitment to revive the moribund branch line concession process is given in the memorandum to the department’s budget tabled with the National Budget on Wednesday. Public Enterprise Minister stated in reply to a question in the National Assembly as far back as November 2012 that Transnet Freight Rail in-tends to concession the narrow gauge railway lines in Nelson Mandela Bay. In addition, he said, a number of branch lines in the Eastern Cape had been earmarked for concession including the Umtata-Amabele line; Sterkstroom-Maclear; Stormberg- Rosmead lines; Dreunberg Aliwal North to Barkley East lines; the Rosmead Klipplaat line; Alicedale-Grahamstown-Port Alfred line; and Barkley Bridge-Alexandria line. Gigaba said timelines for these concessions “will be an outcome of the engagement processes with stakeholders” – a feasibility study on the Apple Express is currently underway funded by Economic Development, Environmental Affairs and Tourism. Http://www.getnews.co.za/story?id=2474

Parliament passes Infrastructure Bill 25.2.2014 01.48 pm Http://citizen.co.za/133617/parliament-passes-infrastructure-bill/

Eastern Cape looking at second SEZ around Queenstown 25-02-2014 - Http://www.getnews.co.za/story?id=2462

That should be SIPs and not SIPP

Second reading of the Infrastructure Development Bill Http://www.gov.za/speeches/view.php?sid=43869 Infrastructure bill introduced November 13 2013 Http://www.iol.co.za/business/news/infrastructure-bill-introduced-1.1606751

http://www.iol.co.za/business/special-economic-zones-a-refinement-of-strategy-1.1649786

Good article Http://www.polity.org.za/article/doe-eskom-make-nuclear-localisation-moves-2014-02-17

But persistence eventually paid off and after numerous meetings with high-net-worth individuals, Mr Mellon managed to secure up to €30m for a number of projects in Africa. One of the first projects was MMS Developments, a mixed housing, roads and services development on the Eastern Cape area of South Africa. Mr Mellon said MMS has helped to create around 600 jobs in one of the most undeveloped regions in the country. He also became involved in Elitheni Coal, a mining company in the town of Indwe in the Eastern Cape.

http://www.independent.ie/business/irish/mellon-may-go-bankrupt-in-uk-if-he-cant-cut-a-deal-with-nama-30013654.html

Good article.. Http://www.bdlive.co.za/business/energy/2014/02/13/if-electricity-bill-is-not-passed-it-will-be-a-disaster

http://www.moneyweb.co.za/moneyweb-industrials/wanted-urgently-ipps-for-base-load-energy

http://www.miningweekly.com/article/dti-indias-state-owned-coal-miner-to-collaborate-2014-02-05

http://www.genii-capital.com/index.php?contenu_id=53&lang=en

http://www.polity.org.za/article/zuma-signs-bbbee-amendment-bill-into-law-2014-01-30

If ever there was a time for outside investment........ Http://www.fin24.com/Markets/Currencies/Rate-hike-fails-to-halt-rand-sell-off-20140130

Good article....I know for a fact that OSHO had talked to Elitheni quite some time ago......... South Africa has new chance to hit global coal top spot Http://www.miningweekly.com/article/south-africa-has-new-chance-to-hit-global-top-spot-in-coal-export-dh-minerals-2014-01-29 "Osho South Africa director Zaheer Surka would like to see South Africa tailoring its low grade and off-specification coal for the market. “If Asia can do it, why can’t South Africa do it?,” Surka asked." "Action required would be to develop new coal mines, increase rail and port capacity for Cape-size vessels in particular, create partnerships and maintain political and social stability" Coega? "Earlier, IHS global steam coal advisory service senior director David Price had commented that South Africa had “lost ground badly” in 2013, despite the relatively weak local currency placing it in a favourable low cost position."

If ever there was a time to pump the £ into SA...... Http://www.fin24.com/Markets/Currencies/Rand-breaches-R11-level-20140123

What does that have to do with Craddock other than the contract they have with Elitheni? The biofuel plant was to be built by this year originally..... :-(

Nothing changes in SA.......:-( Http://www.getnews.co.za/story?id=2409

Absolutely ....If they are still using the same costs as of 1 1/2 years ago (Spangle) the mining costs today would be $45.77 per ton and not $60. Asuumptions based then was R8.25 to the $1......today it is R10.85 to $1. But this isn't the problem is it. They need professional mining management and they have to undo the damage done at the mine. It will probably take more money to put things right.