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Mbazima urges immediate dialogue on rail, port expansion

By: Martin Creamer     5th February 2018 South Africa’s ability to revitalise crucial infrastructure, especially rail and port networks, is among the key actions needed to bring investment back into the South African mining industry, Anglo American South Africa deputy chairperson Norman Mbazima said on Monday. Speaking on first day of... 

Angola’s diamond sector expanding with Russian help

By: Rebecca Campbell     2nd February 2018 Angola’s Sociedade Mineira de Catoca (Catoca Mining Company) is expecting to produce seven million carats of diamonds this year. This was stated by company GM Sergei Amelin, the Macauhub news agency reported. He was speaking in the city of Saurimo, which is the capital of Lunda Sul province,... 

As global economy hums, Davos turns bullish on commodities

By: Bloomberg     27th January 2018 The last two editions of the World Economic Forum were somber affairs for oil industry chieftains and commodities tycoons. The consensus in Davos was that oil was going to stay low, OPEC would fail to lift prices, and the mining industry faced a difficult time. Roll forward to 2018 and there’s... 

South African mining seen a winner as Ramaphosa woos investors

By: Reuters     26th January 2018 South Africa's embattled mining industry could be first in line to benefit from a boost in foreign direct investment (FDI) if the new leader of the ruling party Cyril Ramaphosa implements measures seen as vital to draw in more cash, analysts said. The governing African National Congress (ANC)... 

Alrosa CEO, Angolan President discuss Catoca shareholding

By: Megan van Wyngaardt     26th January 2018 Alrosa CEO Sergey Ivanov and Angolan President João Lourenço this week held their second meeting to discuss issues related to the closing of the transaction to increase Alrosa's shareholding in Catoca Mining to 41%. "Recently, we have seen positive changes related to increasing of transparency... 

Urgent need to recycle, reuse natural resources – report

By: Natasha Odendaal     23rd January 2018 A new global circularity metric unveiled in Davos, Switzerland, has revealed an urgent need to use the world’s resources more efficiently and create policies and economic infrastructure that encourages the recycling and reuse of natural resources. The Circle Economy’s first ‘Circularity Gap’... 

Agarwal plans to keep his Anglo American stake for a long time

By: Bloomberg     23rd January 2018 Anil Agarwal, the Indian commodities billionaire, said the rally in Anglo American vindicated his personal bet in the mining group, adding that he plans to own the shares for a long time. Agarwal surprised Anglo’s management last year when he took a 21% stake in the company, becoming its top... 

Eskom challenges need to be addressed urgently, or South Africa will sink – Gigaba

By: Megan van Wyngaardt     18th January 2018 Finance Minister Malusi Gigaba on Thursday painted a grim picture of the financial challenges facing power utility Eskom, stating that the national fiscus would be unable to bail the State-owned enterprise (SOE) out in the event of a default. Speaking at a pre-World Economic Forum (WEF)... 

Precipitous platinum price plunge putting industry at risk 

By: Martin Creamer     5th May 2017 This week’s precipitous platinum price plunge to as low as $893/oz is putting the entire platinum industry at risk, making it essential that steady hands are placed on the tiller to ensure that a national patrimony is protected. While the entire industry has been accepting a lower-for-longer... 

Anglo's future thrown in question as billionaire grabs stake

By: Bloomberg     16th March 2017 In its 100-year history, Anglo American Plc has endured commodities booms and busts, South African apartheid and bitter boardroom disputes. Now the British mining giant is threatened by the ambitions of Anil Agarwal, an Indian scrap-metal trader turned billionaire mining tycoon. In a surprise... 

Trump’s shadow loomed large at Mining Indaba as potential FDI positives predicted

By: Ilan Solomons     17th February 2017 The uncertainties surrounding geo-economic trends including Brexit, Donald Trump wining the US elections and increasing efforts by China to dominate the global economy may not bode well for global political stability. However, Africa’s mining industry could well see favourable spin-offs from... 

Local fuel cell manufacturing launch good for platinum demand outlook

By: Martin Creamer     10th February 2017 The fuel cell plant launched this week has important potential demand implications for South Africa’s platinum-mining industry. With the Department of Trade and Industry, Isondo Precious Metals, headed by CEO Vinay Somera, has invested in a state-of-the-art German manufacturing plant technology... 

Global uncertainties to drive FDI in Africa’s mining sector

By: Ilan Solomons     9th February 2017 The uncertainties surrounding geo-economic trends, including Brexit, Donald Trump’s election as US President and increasing efforts by China to dominate the global economy, may not bode well for global political stability but could present opportunities for Africa, says global law firm Baker... 

Local fuel cell manufacturing launch boost for platinum demand 

By: Martin Creamer     3rd February 2017 The government-backed fuel cell plant launch scheduled to take place on the sidelines of the Mining Indaba in Cape Town has important potential demand implications for South Africa’s platinum-mining industry. With the backing of the Department of Trade and Industry, Isondo Precious Metals, headed... 

Mining majors use Davos to get their messages across

By: Martin Creamer     27th January 2017 Mining companies featured strongly in a multi-page feature in the edition of Time magazine that followed closely on the heels of the influential World Economic Forum meeting in Davos. Mining majors like South Africa’s Anglo American, America’s Newmont and Canada’s Goldcorp got their messages... 

Guinea President says Rio payment saga tied to internal feud  

By: Bloomberg     20th January 2017 The President of Guinea is disputing public statements made by Rio Tinto Group regarding the firing of a senior executive for a $10.5-million payment made to the President’s friend Francois de Combret. President Alpha Conde said the firing of Alan Davies, who headed Rio’s $20-billion Simandou... 

On-The-Air (20/01/2017) 

By: Martin Creamer     20th January 2017 Davos this week gave platinum fuel cells a huge boost with the launch of the massive Hydrogen Council; Sibanye’s audacious bid to buy America’s biggest platinum mines is poised to benefit Southern Africa enormously; A second judge has chided the Department of Mineral Resources for ineptitude. 

Davos boosts platinum fuel cell outlook with hydrogen council launch 

By: Martin Creamer     18th January 2017 Hydrogen-powered fuel cell electric vehicles (FCEVs) offer the most natural solution for emission-free vehicles, discharging only water and requiring negligible change to current driving and refuelling habits, which is why 13 leading energy, transport and industry companies this week chose Davos... 

N America’s infant vanadium-redox flow battery market looking for a champion

By: Henry Lazenby     24th February 2016 While several industry players are jostling to take advantage of the budding North American vanadium-redox flow battery (VRB) market, barriers to entry such as raw material cost and equipment availability are still issues, making input costs prohibitive. “The industry is still looking for a... 

ADDING TO THE COAL GLUT

By: Martin Creamer     5th February 2016 Colombia Mines Minister Tomas Gonzalez Estrada, who told reporters on the sidelines of the World Economic Forum in Davos that his country’s answer to the global over-supply of coal is to produce more coal. World leaders, influential executives, bankers and policy makers again attended the... 

Zuma, CEOs to meet to discuss S African investments

By: Megan van Wyngaardt     4th February 2016 To promote a more conducive investor climate in South Africa, President Jacob Zuma will host a meeting with the CEOs of top companies for a World Economic Forum (WEF) review, in Cape Town, on February 9. The President and CEOs met in Pretoria on January 15, ahead of the WEF yearly meeting in... 

Davies sees declaration of Special Economic Zone for platinum this year

By: African News Agency      21st January 2016 South African Trade and Industry Minister Dr Rob Davies said on Wednesday that his ministry hoped to declare a platinum beneficiation special economic zone in the course of this year. In an interview with ANA on the sidelines of the World Economic Forum in Davos, Davies said that one of the... 

SA needs to balance enviro sustainability and energy equity, security

By: Ilan Solomons     11th September 2015 South Africa has a coal based energy trilemma, namely balancing the need for environmental sustainability, energy equity and energy security, says State-owned power utility Eskom coal supply unit manager Machiniba Sylvia Bopape. Bopape is currently studying towards a PhD in metallurgy and... 

Matona drawing energy from days as activist, diplomat to navigate Eskom perils 

By: Terence Creamer     23rd January 2015 Apart, perhaps, from the Stoney ginger beer pick-me-up on his conference table and the queue of awaiting visitors in his reception area, there are few other signs of the pressure Eskom CEO Tshediso Matona is under. His corner office on the third-floor at Megawatt Park, in Sunninghill, provides... 

Power shift in unions could mean a difficult time ahead in SA platinum belt

By: Anine Kilian     28th June 2013 The Association of Mineworkers and Construction Union (AMCU) has replaced the National Union of Mineworkers (NUM) as the most popular union in the platinum mining belt and South African scrutineer the Bench Marks Foundation (BMF) says this new shift in power is going to present new challenges for... 

Industry still not clear about mining tax direction after Mangaung conference

By: Leandi Kolver     15th February 2013 Mining is a capital-intensive, long-term and high-risk business and international research shows that, after geology, policy certainty and predictability are the most important issues for mining companies planning any investment, says law firm Webber Wentzel head of African mining and energy... 

Industry still not clear about mining tax direction after Mangaung conference 

By: Leandi Kolver     15th February 2013 Mining is a capital-intensive, long-term and high-risk business and international research shows that, after geology, policy certainty and predictability is the most important issue for mining companies planning any investment, South African law firm Webber Wentzel head of African mining and... 

Lonmin nominated ‘Worst Company of the Year’ by NPOs

By: Samantha Herbst     1st February 2013 Local nonprofit organisations (NPOs) groundWork and The Bench Marks Foundation have nominated embattled platinum-mining corporation Lonmin as the Public Eye Awards’ Worst Company of the Year for 2012. The Public Eye Awards take place each year before the annual general meeting (AGM) of the World... 

Teck agrees to help boost zinc fertiliser use in China

By: Matthew Hill     19th March 2012 Canada’s biggest diversified miner, Teck Resources, has inked a deal with a branch of China’s Agricultural Ministry to promote using zinc as a fertiliser in the country. According to industry body the International Zinc Association, almost half the world’s cereal crops are deficient in zinc, and... 

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