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Resources Watch

Resources Watch

17th March 2016

  

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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:
Sasol outlines dual Southern Africa, North America growth plans
Coal coming off the bottom – Exxaro
And, resilient Sasol weathering storm


Despite the lower-for-much-longer oil price outlook, integrated chemicals and energy company Sasol is remaining focused on executing growth projects in Southern Africa and North America as part of a dual regional strategy.

Outgoing Sasol CEO David Constable:
 

There are indications that the coal market, which suffered heavily depressed prices last year, is beginning to come off the bottom.

Exxaro FD Wim de Klerk:

Worsening market volatility and uncertainty have prompted Sasol to raise its cash conservation target to an even higher outside range of R75-billion from a previous R50-billion.

Outgoing Sasol CEO David Constable:

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Edited by Creamer Media Reporter

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