Page 41 - Engineering News News Today : Breaking News, Live Updates & Top Stories | Vimarsana

JPMorgan in a research note on Friday said it now forecast a 0.2% decline in South Africa's 2023 gross domestic product (GDP) versus a previous forecast for 0.3% growth, citing expectations for deeper power cuts. The bank added that prolonged power cuts above the current record level referred to as "Stage 6" would worsen its current account projection beyond an already pessimistic 3% forecast for this year.

State-owned Transnet Freight Rail (TFR) is operating its North Corridor on reduced load, after a train, enroute to Richards Bay, derailed on Thursday. TFR said in a statement on Friday that 49 loaded wagons on Train 6605 had derailed on Line 1 at the Mqwabe bypass, between Dumbe and Vryheid, in KwaZulu-Natal. Trains continue to run on Line 2.

This week Martin Creamer discusses critical metals recycling, energy, exploration

State-owned Transnet Freight Rail (TFR) is operating its North Corridor on reduced load, after a train, enroute to Richards Bay, derailed on Thursday. TFR said in a statement on Friday that 49 loaded wagons on Train 6605 had derailed on Line 1 at the Mqwabe bypass, between Dumbe and Vryheid, in KwaZulu-Natal. Trains continue to run on Line 2.

NYSE- and TSX-V-listed Fortuna Silver Mines said on Thursday that the illegal blockade at its San Jose mine, in Mexico, had been lifted and that operations had resumed. Following an agreement between Compañía Minera Cuzcatlán and union workers, operations at the mine and processing plant restarted on Wednesday evening.