Maganyeni Holdings is committed to giving clients quality services that satisfy their expectations in compliance with regulatory and statutory requirements. In doing so, we ensure the sustainability of our business.

The company continually improves the effectiveness of the quality management system in line with ISO 9001 standards. All our subsidiaries adhere to Quality Management System manuals which contain activities and standards to be followed on all contracts as well as internal departments and to comply with the minimum requirements of ISO 9001. Continual improvement is one of the cornerstones of our business and is being communicated on a regular basis, throughout the organisation. All employees are made aware of the quality standards and its objectives and are committed to its implementation.

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    Category Archives: Uncategorized

    Copper’s spike isn’t justified by fundamentals, Trafigura says

    Copper’s recent surge to a record wasn’t justified by real-world supply and demand, according to Trafigura Group — the top copper trader and usually one of the market’s most bullish voices.

    “Prices of non-ferrous metals have moved much higher than fundamentals in the physical spot market might indicate or justify, especially for copper,” Trafigura chief economist Saad Rahim wrote in a commentary accompanying the trader’s first half results on Thursday.

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    Botswana may raise De Beers stake as Anglo weighs spin-off

    The Botswana government may raise its shareholding in global diamond miner De Beers, President Mokgweetsi Masisi told JCK News, after parent company Anglo American said it plans to spin off or sell the business. The government owns a 15% stake in De Beers and Botswana accounts for 70% of the company’s annual rough diamond supply.

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    Namibia’s audacious plan to become a global green hydrogen hub

    Early in May, King Philippe of Belgium was on the edge of the Namib desert to inaugurate a project that aims to help decarbonize European industry, and which might just enable one of Africa’s smallest economies to hit the clean-energy big time. It was a humble start for such grand designs, as Namibian President Nangolo Mbumba hosted the king at an unfinished site near the port of Walvis Bay on the southern Atlantic Ocean, the baking rust-colored dunescape silent except for an occasional truck passing on the new roadway.

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    Investment in clean energy to reach $2tr this year, outpacing investment in fossil fuels

    Investment in clean energy technologies will climb to $2-trillion this year, almost double the amount spent on fossil fuels, according to the International Energy Agency (IEA). Two-thirds of the record $3-trillion invested in energy sources in 2024 will be devoted to sectors such as renewables, electric vehicles, nuclear power, grids, storage and efficiency, even as higher financing costs hinder projects, the Paris-based agency said. The remaining $1-trillion will go to coal, gas and oil — a level that’s still too high to conform with global climate goals.

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    Platinum group metal poised to help protect world from growing water pollution threat

    Platinum group metal (PGM) is once again coming to the fore as a mineral resource that goes the extra mile in protecting a threatened global environment. The latest indispensable commodity that is poised to be shielded by PGM, which has been safeguarding the air of cities from vehicle exhaust fumes for many decades, is drinking water, which is under increasing pollution threat. (Also watch attached Creamer Media video.)

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    Sibanye to engage with Kroondal employees following end of illegal sit-in

    Multinational mining and metals processing group Sibanye-Stillwater says it will engage with employees and representative unions at its Kroondal mine now that an illegal underground sit-in by employees at the Kwezi shaft at the mine has come to an end. Sibanye reports that all employees had exited the Kwezi shaft and returned to surface by mid-afternoon on Wednesday.

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    Traders are desperate for copper deals and miners are cashing in

    A heated competition for copper among some of the biggest commodity traders is creating opportunities for miners to negotiate favorable terms ranging from huge upfront payments to extra-long contracts.

    Recent moves by cash-flush energy traders including Mercuria Energy Group to expand in metals — a market long dominated by Glencore and Trafigura Group — are raising tensions and sparking a scramble for contracts, at a time when the industry is already facing an unprecedented supply squeeze in copper ore.

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    Diamcor closes first tranche of increased placement

    TSX-V-listed Diamcor Mining has closed a $1.4-million first tranche of a nonbrokered private placement following receipt of conditional acceptance of the offering from the TSX-V. The company now anticipates the offering will be oversubscribed and has increased the total amount of the original offering from $1.5-million to an aggregate of up to $2.5-million, with a second and final tranche closing expected to occur on or before June 15.

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    Many Peaks raises A$5.2m to fund gold exploration in Côte d’Ivoire

    ASX-listed Many Peaks Minerals has completed a A$5.2-million equity raise within a 24-hour period from a small number of high-net-worth and institutional investors to accelerate exploration over an extensive area of gold-anomalous geochemistry with early but “very encouraging” drilling results at the Odienne and Ferke gold projects, in northwest Côte d’Ivoire. The company said on June 5 that it had received firm commitments for a two-tranche placement of about 23.6-million new fully paid ordinary shares at a price of A$0.22 a share. The placement price was set at the company’s last closing price of A$0.22 a share and represented a 1% discount to the company’s 15-day volume-weighted average price through the close of trading on June 3.

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    Seventh administration needs to fast-track structural reforms to halt economic decline, …

    The “concerning” economic growth dynamics across the South African mining sector should reinforce the need for the seventh administration, whatever shape it may take, to sustain and preferably fast-track the structural reforms started by the sixth administration, the Minerals Council South Africa said on June 5. As was telegraphed by the high-frequency monthly production data in the first three months of this year, Statistics South Africa reported on June 4 that mining sector GDP measured in real terms contracted in the first quarter.

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