$200bn capex ambition of mining majors under spotlight

The great China-led economic supercycle that has been boosting global economies for a decade is falling below its expected trajectory, which is giving rise to questions supercycle slippage and demise.

East Africa to join world gas giants

To East Africa's assets of spectacular wildlife, abundant land and shimmering beaches you can now add gas - so much gas it could transform global energy flows along with some of the world's poorest countries. Finds announced just last week off...

World’s biggest miner pulling in its horns

The world’s biggest mining company is pulling in its investment horns. BHP Billiton chairperson Jac Nasser says that the investment climate has changed since the company spoke of spending $80-billion on project growth by 2015. “As much as...

South African companies pursuing ironclad Canadian opportunities

Two South African companies are pursuing iron opportunities in Canada, the one the JSE-listed Petmin and the other the lesser known unlisted Iron Mineral Beneficiation Services (IMBS), which got under way with the help of initial private equity...

Petmin mulling TSX listing for low-cost pig iron venture

JSE and Aim-listed steel-feed mining company Petmin is targeting the production of the lowest cost pig iron “on the planet” at its jointly controlled North Atlantic Iron Corporation (NAIC) iron sands project in Canada's Labrador province....

Gigi Nova

Position: CEO Tenova, a Techint group company Main activity of company: Supplier of equipment and engineering services to the iron and steel and mining industries

Australia, Canada and Chile seen as top mining destinations

Australia, Canada and Chile have remained the top resources investment destinations, while Russia, Bolivia, the Democratic Republic of Congo and Papua New Guinea fell to the lowest rated countries of the 25 considered in minerals industry adviser...

Green Cross seeks stricter standards as Fukushima anniversary nears

Nongovernmental organisation Green Cross International has called on countries to establish stricter and enforceable international standards for nuclear power, on the eve of the first anniversary of the Fukushima Daiichi nuclear disaster in...

Renewed pressure on South Africa to join mining transparency initiative

When South Africa was asked to join the Extraction Industry Transparency Initiative (EITI) ten years ago, it spurned the opportunity because it did not want to be tarred with what looked like a reform school for delinquent developing countries...

Resource rents will dent investor confidence in South African mining – Solomon

With the South African mining industry shrinking at a time of global commodity boom, now is hardly the time to burden it with further with impositions like resource rents. As a priority, the industry needs to be encouraged to grow its output and...

Resource rents will render South African mining uncompetitive – Solomon

The imposition of resource rents in South Africa would render the South African mining industry uncompetitive, mining industry executive Michael Solomon said on Friday. Solomon was commenting, at a mining law seminar hosted by law firm Bell...

Resources Watch

This week: Power and labour costs make South Africa an expensive mining destination. Tenova will give Bateman a wider market presence in Chile and Australia. And, mines are doing far too little in safety-critical testing.