Welcome to Creamer Media's Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.

This week:
Petrochemicals company Sasol allocates 3,1-billion-rand for a new export coal mine, and wants to explore for shale gas in the Karoo;
Peter Leon is ‘cautiously optimistic' as South Africa mulls the future for mining;
And, Barrick Gold's spin-off may be the start of an industry ‘right-sizing'.

Coal miner Sasol has allocated 3,1-billion-rand for the new export coal mine to replace the depleting Twisdraai operation; and has applied to explore for shale gas in the Karoo.

Sasol CEO Pat Davies

Webber Wentzel mining partner Peter Leon is "cautiously optimistic" about the outcomes of deliberations by new Mineral Resources Minister Susan Shabangu's mining sector tripartite task team.

Webber Wentzel mining partner Peter Leon

Randgold Resources CEO Mark Bristow says that Barrick Gold's plan to spin-out its African assets into a new, London-listed company could be a sign of things to come.

Randgold Resources CEO Mark Bristow

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