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Export Credit Insurance Corp News

Broadening perspective to keep juniors afloat

27th January 2017 Among those affected by the depressed commodities prices over the past two years, junior mining companies have suffered disproportionately more, says State-owned financial services provider Export Credit Insurance Corporation (ECIC) of South Africa, which has assisted several junior miners during... 

Need for greater focus on economic risks

4th November 2016 More scrutiny should be applied to economic risk factors amid contractions in the global mining sector when evaluating new mining projects, as a result of a prolonged downturn in commodities prices and uncertainty in global demand, South African risk insurance provider Export Credit Insurance... 

Energy security key for prosperous copper mines

9th September 2016 The recent prolonged drought in Zambia, home to an energy-intensive copper mining industry, brings the need for additional and diversified electricity production to the fore, as the country has traditionally relied on the hydropower it produced to generate the bulk of its electricity, mining... 

Resources Watch

28th January 2016 This week: Nontraditional funding sought for Liberia iron-ore development And, Credit facility to boost exporters in progressing mining projects 
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Latest News by Mining Weekly

Remgro acquires Unilever’s spreads business in Southern Africa

Investment company Remgro will sell its 25.75% interest in Unilever South Africa to the Unilever group, in exchange for full ownership of the Unilever spreads business in Southern Africa and R4.9-billion in cash. The full value of the transaction is R11.9-billion, with the spreads business valued... 

Jarana to start as SAA CEO on November 1

South African Airways (SAA) announced that its new CEO Vuyani Jarana will take up his position on November 1.   “The decision follows the conclusion of negotiations with his current employer [Vodacom] on his release date,” said SAA spokesperson Tlali Tlali.   Jarana's appointment is intended to... 
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