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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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