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:
Mwana Africa slashes its overheads from $8.5-million to $6.45-million.
Quick action is needed to prevent the collapse of the global coal sector.
And, Namibia’s mining industry pulling together is boosting the country’s economy.
Despite weakened gold and nickel commodity prices, diversified mining company Mwana Africa is aiming to increase productivity by lowering costs.
Mwana Africa CEO Kalaa Mpinga
XMP Consulting senior coal analyst Xavier Prevost has warned that quick action is needed to prevent the collapse of the global coal sector.
XMP Consulting senior coal analyst Xavier Prevost
Despite the Namibian economy being tied to the South African economy, it has been able to grow ahead of South Africa, which a leading mining investment banker puts down to Namibia’s “sensible” mineral policies, as well as the Namibian mining industry’s close working relationship with its government.
Nedbank Capital mining and metals investment banking head Paul Miller
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