Private-sector participation in rail, port capacity expansion vital – TFR

The participation of industry in State-owned Transnet Freight Rail’s (TFR’s) seven-year, R300-billion rail and port capacity expansion programme will be a critical determinant of its success, TFR commodities and key accounts GM Divyesh Kalan...

Moz benefiting from Australian mining investment, assistance

World number three miner Rio Tinto expects to export its first shipment of coal from its Benga project in Mozambique this month. Benga is in the Moatize district of Tete province, and the coal will be transported by rail along the Sena line to the...

Peabody sees 10% growth in seaborne coal demand this year

Peabody Energy, the largest US coal miner, on Thursday said it expected global demand for coal to increase significantly over the next decade, despite cooling US markets. The NYSE-listed company said coal-fuelled heat and power generation was on...

Diesel rebate cut to hurt mining – Sacome

The South Australian Chamber of Mines (Sacome) on Thursday railed against federal Treasurer Wayne Swan’s proposed cuts to the diesel tax rebate, the reduction of research and development concessions, and a cut to depreciation in the oil and gas...

State capitalism: Is it a rival to market capitalism?

Since the start of the current global economic crisis in 2008, there has been renewed interest in the concept of ‘State capitalism’, as distinct from ‘market capitalism’. (The term ‘liberal capitalism’ is shorthand for ‘liberal...

Is it a rival to market capitalism? And how does it affect the natural resources industries?

Since the start of the current global economic crisis in 2008, there has been renewed interest on the concept of “state capitalism” as distinct from “market capitalism”.

Company Announcement: Need for clear energy generation plan in NSW

The coal industry is calling for the NSW Government to establish a clear strategy for energy generation and greater emphasis on developing low emissions technology to provide certainty for industry investment and government planning over the next...

Indian government refuses to lower coal production target despite shortfall

The Indian government has turned down a proposal from Coal India Limited (CIL) to lower production target from 458-million tons to 440-million tons during 2011/12. CIL, the world’s largest coal miner, had sought government approval for lower...

Company Announcement: Petrel awarded two blocks in Irish Offshore Licencing round

The Irish Atlantic margin has an established petroleum system, though there have not yet been large discoveries.

Queensland readies for increased gas production

The Queensland state government has reported that its gas market would continue to grow, fuelled by increased demand to meet domestic and industrial gas supply, electricity generation and the emerging liquefied natural gas (LNG) export industry....

Carbon tax won’t hit mining growth, says Treasurer Swan

Federal Treasurer Wayne Swan said on Thursday that the proposed carbon tax would not affect the mining industry’s expected growth rate, despite claims that the industry would suffer. “Despite what we hear from all the Chicken Littles – the...

Uranium research report released by Creamer Media

As of February 1, 2011, 443 nuclear reactors were being operated globally for electricity generation. A further 62 new nuclear plants were under construction in 14 countries.