African mine insurance suffers losses

International insurance and reinsurance broker Glencairn MD South Africa Nick Hall says that the global insurance market has suffered a spate of losses and financial difficulties in 2008, with regards to mining interests, and Africa is no exception.

New product receives top technology award

The newly launched Water Angel, a product designed to mitigate the risk of geyser and pipe bursts, received an award from the Da Vinci Institute in partnership with the Department of Science and Technology, for attaining a position in the top ten...

Insurer cautious on PGM risks

South African platinum mines, currently supplying 80% of world demand for the precious metal, at prices around $1 200/oz, may be forced to devise innovative ways of covering themselves against catastrophe risks as the international insurance...