R/€ = 15.81 Change: 0.00
R/$ = 13.66 Change: 0.00
Au 1268.43 $/oz Change: -4.72
Pt 871.50 $/oz Change: 10.18


Coal India to hike daily supplies even as governments differ on coal shortage

By: Ajoy K Das     30th May 2018 On the directive of the Power Ministry, Coal India Limited (CIL) will supply 1.4-million tons a day to all thermal power plants across the country, even as federal and state governments joust over whether the domestic power sector is facing a dry fuel shortage or not. Soon after taking charge,... 

Africa’s leading industry trade fair prepares to open its doors

By: Creamer Media Reporter      6th March 2018 The countdown has begun: bauma CONEXPO AFRICA opens its doors for the third time in one week. The largest trade fair for construction machinery, building material machines, mining machines and construction vehicles in Africa continues to attract international participation, highlighted by four... 

Zwane's 'mystery' Dubai trip

By: News24Wire      3rd November 2016 A series of unused flights during a "mysterious" trip abroad by Mining Minister Mosebenzi Zwane, during which he allegedly escorted a member of the Gupta family to a meeting with an international mining company, may have cost taxpayers nearly R100 000 in possibly fruitless or wasteful... 

Bauma Conexpo Africa 2018

8th July 2016 The dates for the next Bauma Conexpo Africa are confirmed: : The third International Trade Fair for Construction Machinery, Building Material Machines, Mining Machines and Construction Vehicles will be held at the Johannesburg Expo Centre from March 13 to 16, 2018. According to Stefan Otto,... 

India to focus on oil diplomacy at India–Africa Summit Forum

By: Ajoy K Das     7th October 2015 Ahead of the India–Africa Forum Summit to be held in Delhi later this month, the Indian government has directed national oil companies to start implementing a roadmap for increased investments in oil and gas assets on the African continent. Oil diplomacy, aimed at gaining greater access to oil... 

Diversified major sells Zimbabwe operations

4th September 2015 Diversified major Rio Tinto in June completed the sale of its 78% interest in the Murowa diamond mine and its 50% interest in the Sengwa coal fields, both in Zimbabwe, to RZ Murowa Holdings, a division of Zimbabwean independent mining company Rio-Zim. Prior to the transaction Rio-Zim already held... 

Major players sign up for Bauma Conexpo Africa 2015

11th March 2015 • Barloworld Equipment exhibiting for the first time • Bell Equipment takes up more space • Other big players in the sectors are already signed up • Plans for International Pavilions from nine countries and regions The market for construction and mining machinery in sub-Saharan Africa holds great... 

CME welcomes Australia’s uranium trade deal with India 

By: Esmarie Swanepoel     8th September 2014 The Western Australian Chamber of Minerals and Energy (CME) has welcomed the federal government’s agreement with India, under which Australian uranium would be exported and used for nuclear power generation in that country. In a trip to Delhi last week, Australian Prime Minister Tony Abbott... 

Beach reports higher revenue on increased production

By: Esmarie Swanepoel     25th August 2014 Australia’s largest onshore oil producer, Beach Energy, has reported a 51% increase in revenue during the financial year ended June, driven by higher production. Beach on Monday reported that revenue of over A$1-billion, up from A$698-million in the previous financial year, as oil production... 

Major global future demand for South African platinum – Friedland

By: Martin Creamer     5th February 2014 The future of the world is urbanisation and South Africa is uniquely placed to supply the major volume of the platinum metals that the world will need in large quantities to clean its air. “Platinum metals equal healthier air,” Ivanhoe Capital Corporation chairperson Robert Friedland told the... 

Beach predicts higher output and capital spend in 2014

By: Esmarie Swanepoel     30th January 2014 ASX-listed Beach Energy has increased its production expectations for the 2014 financial year, following strong quarterly results for the three months to December. The oil and gas producer on Thursday said that production was expected to reach between 9.2-million and 9.6-million barrels of oil... 

Calls for nationalisation grip India in season of resource scams

By: Ajoy K Das     7th September 2012 Resource nationalism was gaining traction among Indian political parties and trade unions, cornering the Prime Minister Manmohan Singh-led coalition government and forcing its neoliberal economic policies towards the left. ‘Back to Nationalism’ was proving to be an effective slogan in uniting... 

SA to host ‘world cup’ of geosciences in 2016

By: Natasha Odendaal     13th August 2012 South Africa is readying itself to host the “world cup” of geosciences – the thirty-fifth International Geological Congress (IGC) – in 2016, local organising committee chairperson and IGC joint president Professor Richard Viljoen reported. The closing ceremony on Friday of the thirty-fourth IGC,... 


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