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:
DRDGold will escalate its spending on gold recovery-focused research and development.
Malusi Gigaba hints to new Eskom support after a ‘difficult’ tariff ruling.
And, there appears to be a looming China/Africa head-on collision.
Dual-listed DRDGold will markedly increase its investment in research and development to maximise its current metallurgical processes and improve the overall recovery of gold, says CEO Niël Pretorius.
DRDGold CEO Niël Pretorius
A joint Eskom and Department of Public Enterprises task team will “within weeks” deliver its verdict on the implications of the regulator’s February decision to grant the utility yearly tariff increases of 8% between 2013 and 2018 instead of the requested 16%.
Public Enterprises Minister Malusi Gigaba
An economic head-on collision is looming between Chinese business imperatives and Africa’s aspirations to derive more benefit from their continent’s minerals, warns J&J Group executive director Michael Solomon.
J&J Group executive director Michael Solomon
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