Assmang follows Transnet in declaring force majeure

February 03, 2021 / www.metalbulletin.com / Article Link

South African manganese miner Assmang has declared force majeure on some shipments after state transport provider Transnet issued the same notice last week.

Assmang's notice refers to immediate vessels that will be slightly delayed due to rail closures caused by severe rain and flooding, Fastmarkets understands.
Transnet declared force majeure on Friday January 29 after rains washed away parts of the rail infrastructure and left other areas underwater.
Fastmarkets reported on Monday that fellow manganese miner UMK had confirmed it had declared force majeure for affected shipments.
South Africa's heavy rains started in December and escalated in late January.
Transnet confirmed in an emailed statement to Fastmarkets on Monday that it had repaired the affected rail lines over the weekend and reopened on Sunday.
The rains continue, however, leaving miners facing the possibility of further delays, sources said.

Recent News

Gold and silver price ETFs see major net outflows

November 04, 2025 / canadianminingreport.com

Gold stocks decline by less than metal price

November 04, 2025 / www.canadianminingreport.com

A shift to the later stages of gold and silver bull markets

October 27, 2025 / www.canadianminingreport.com

Gold stocks plunge on metal drop

October 27, 2025 / www.canadianminingreport.com

Gold stocks still up after pullback late in the week

October 20, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok