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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

NUM postpones planned coal sector strike

The National Union of Mineworkers (NUM) will postpone its planned strike in the coal sector, as some coal companies have decided to table new offers to NUM members. The union on Friday said the coal companies would present the new wage offers on Monday, after which the union would decide to... 

TNPA launches uMkhomazi tug

Transnet National Ports Authority (TNPA) on Friday launched its penultimate tug as part of its R1.4-billion, nine-tug construction contract. The uMkhomazi tug, which means “place of cow whales” in Zulu, will serve at the Port of Durban. The moniker was given by the Zulus in reference to large... 
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