Zimbabwe mining sector grows, but challenges remain

Zimbabwe is endowed with significant coal resources, particularly in the north-west and southern regions, and it has been estimated that, while the country has not yet been fully explored and developed, it holds about 26 500-million tons of...

Zimbabwe mining sector grows, but uncertainty and challenges remain

Zimbabwe is endowed with significant coal resources, particularly in the north-west and southern regions, and it has been estimated that, while the country has not yet been fully explored and developed, it holds about 26 500-million tons of...

Chinese miners active globally to feed economic growth at home

In its recently released report on the state of the global mining industry – ‘Mine – Back to the Boom’ – PriceWaterhouseCoopers (PwC) reported that, in 2009, the Chinese had been in the forefront of mining mergers and acquisitions (M&A)...

Chinese miners active globally to feed economic growth at home

China continues to need for natural resources to feed its economic growth, which remains essential because the country is still, on a per capita basis, very poor. The country has many minerals & metals resources of its own, but many are...

Aluminium losing its glister – BHP Billiton

Aluminium was losing its appeal, BHP Billion chief commercial officer Alberto Calderon said on Wednesday. Calderon told Citigroup analyst Clarke Wilkins during a marketing briefing that the long-term issue with aluminium was that China was not...

Australia giving Africa regulation assistance, State-owned mining assets audit due 2010, independent body to review Mining Charter

Australian Foreign Affairs Minister Stephen Smith has launched an initiative to help African countries regulate their mining industries. Read on page 14 of this edition of Mining Weekly of Smith's contention that Australia has "valuable...

World's 40%-plus dependence on energy coal set to grow - Clean Coal Centre

The world's dependence on coal for more than 40% of its power needs was not showing any signs of decreasing, but was instead poised to increase slightly in the next 20 years, Clean Coal Centre MD Dr John Topper said on Wednesday. Topper, whose...

Ten-million would lose daily subsistence if South African mining ceased – Chamber

Without mining South Africa would lose more than half of its total merchandised exports and a million people would be without their daily subsistence, Chamber of Mines of South Africa CE Zoli Diliza says.

ZCI offers shareholders easy exit, plots new investment strategy

Bermuda-based Zambia Copper Investments (ZCI), which sold its stake in Zambian copper miner Konkola Copper Mines to India's Vedanta Resources in April this year, unveiled plans on Tuesday to transform itself into a mining investment company,...

Brokers doing roaring trade in forced equity redemptions as illiquidity bites and investors ‘come off positions hard’

Stock brokers are doing a roaring trade in selling down shares on world bourses, say newly listed companies whose shares are being liquidated in forced sales. Funds representing investors anxious to sidestep the credit crunch are putting out cash...

On-The-Air (01/08/2008)

In this broadcast: A massive new uranium resource has been discovered in neighbouring Botswana; Plans have been drawn up for the local manufacture of low-cost solar panels in South Africa; South African diamond giant De Beers opening two new...

European Union partners SADC in offering 101 mining opportunities in Southern Africa

The mineral wealth and mining potential of the Southern African Development Community (SADC), which is embodied in 99 preselected potential projects, is set to be emanated to more than 101 international mining investors at the Mines 2006...