Australia, Latin America should strengthen links – Carr

Australia’s Foreign Affairs Minister Bob Carr has called for a closer business relationship between Australia and Latin America, saying that more could be done to build on the strong foundation that mining had left. Speaking at the Latin...

Brazilian group targeting more African opportunities

Brazilian diversified mining major Vale has confirmed that its portfolio includes investments of $7.7-billion in projects in nine African countries. Speaking at a recent seminar on Africa hosted by Brazil’s National Economic and Social...

Mining a key component in Namibia’s economy

Namibia’s mining sector generated $1.6-billion in mining export earnings during 2011, contributing about 11% to the country’s gross domestic product, with the country’s buoyed uranium mining sector forecast to be the single largest mining...

Yellowcake to top $80/lb by ’14 – Forsys boss

Namibia-focused uranium junior Forsys Metals on Thursday said it was rapidly advancing studies to consolidate its Valencia and Namibplaas landholdings to potentially develop the world’s next significant uranium mine. The Toronto-, Frankfurt-...

Creamer Media releases a review of South Africa's automotive sector report

This electronic report examines the state of South Africa's automotive sector in the current context of local and global demand.

Consumers still underpinning SA’s growth, bank shows

Consumption was continuing trumping production in South Africa, Absa Investments GM Craig Pheiffer said on Monday. Real retail sales grew by 3.9% year-on-year (y/y) in January and manufacturing grew 4.1% y/y in February, while mining production...

Engineering consultant to bulk up Ghana office

Consulting engineers and scientists, SRK Consultanting opened an office in Ghana last year and now plans to further expand its services through the acquisition of a local geologist in April, SRK Consultanting Ghana country manager John Kwofie...

Impose $100/t raw chrome duty soonest, Ruukki urges

South African ferrochrome aspirant Ruukki has urged the South African government to impose a $100/t duty on the export of raw chrome from South Africa with the utmost urgency. Speaking at an industry conference in Hong Kong, Ruukki enterprise...

SA power constraint an ‘underappreciated’ growth threat

South Africa’s power supply constraint has the potential to act as a “hand brake” on the country’s gross domestic product (GDP) growth outlook and is an “underappreciated” downside risk, a domestic banking group has warned. In fact,...

Resources Watch

This week: Merafe says raw ore exports are smashing ferrochrome production. CoAL confirms hard coking coal at Makhado, with eyes on the Indian market. And, Aveng consolidates its mining businesses into one Africa-focused unit.

High iron-ore price unsustainable in long term - CRU

The high iron-ore prices achieved during recent times would prove unsustainable in the long run, consulting firm CRU told the Global Iron Ore and Steel Conference, in Perth. CRU’s steelmaking and raw materials consultant Laura Brooks told...

Rio Tinto to retain competitive advantage in iron-ore – Joyce

Diversified miner Rio Tinto expects to retain its competitive advantage in iron-ore, despite numerous new projects slated for development, MD for expansion projects at the group’s iron-ore division, David Joyce, said. Speaking at the Global...