$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.

Africa a major target of China’s resource ‘acquisitiveness’

A number of recent ventures and agreements between China and Africa-based resource companies have positioned the continent as a key destination for meeting China’s resource acquisitiveness, market research firm Frontier Advisory research and...

PTT's $1.9bn bid for Cove trumps Shell

Thailand's PTT Exploration and Production has trumped Royal Dutch Shell's bid for Mozambique-focused explorer Cove Energy by offering 1.220billion pounds ($1.9-billion), highlighting international interest in East African gas finds. Cove...

Sasol opens new R3.5bn coal shaft in Mpumalanga

Fuel-from-coal producer Sasol Mining’s new R3.5-billion Thubelisha shaft at the Twistdraai colliery, in Mpumalanga, was officially opened on Tuesday by Mineral Resources Minister Susan Shabangu. The current Twistdraai Colliery shaft system has...

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...

Technology to protect miners from DPM introduced onto local market

Technology to protect mineworkers from the health problems associated with exposure to diesel particulate matter (DPM) is currently being introduced to the South African market by global filter manufacturer Freudenberg Filtration Technologies.

Company Announcement: VISTA’s TruckLogic haul truck operator training program wins Suncor President’s Award

Suncor Energy recently awarded its training department and VISTA Training Inc. one of eight coveted President’s Operational Excellence Awards for the implementation of the innovative TruckLogic haul truck operator training curriculum at its oil...

Brazil billionaire's CCX to list on S.Paulo bourse

Brazilian billionaire Eike Batista's conglomerate, EBX, will list its Colombian coal mining offshoot, known as CCX, on the Sao Paulo stock exchange on May 25, the head of the newly founded company said on Tuesday. The listing would be the fifth...

Copper hits near 1-month low on China doubts

London copper fell to near one-month lows on Monday, giving up early gains, as investors worried about slowing growth in top copper consumer China, which some think may need more than the unsurprising weekend cut in banks' cash reserves to...

Company Announcement: Puntland Update

Range Resources Limited is pleased to announce that the Shabeel‐1 well currently being drilled in Puntland by the Company’s Joint Venture Operator, Horn Petroleum Corp. is drilling ahead at a current depth of 3425m.

New reporting rules loom for EU resource firms

Anti-corruption law on how EU oil, gas, mining firms and the logging industry report payments to governments could be nearing agreement, following a compromise proposal that tackles industry objections to disclosing individual projects. Talks are...

Consultant to focus on sustainable development at Ghanaian conference

Global ground engineering and environmental company Golder Associates plans to focus on the sustainable development of Africa’s mineral and energy resources at this year’s West African Mining and Power Exhibition (Wampex) to be held in Accra...