IFC investments to aid growth in African mining

Infrastructure investments in Africa are important for the growth of the continent’s mining sector, says World Bank Group member the International Finance Corporation (IFC), in light of the significant investments it made in the region last year.

Atlantic Canada’s economy set to improve in 2013 – RBC Economics

Unexpected production disruptions and delays across Atlantic Canada slowed economic growth this year, but the region is well positioned to see this improve next year, the latest RBC Economics 'Provincial Outlook', issued today, has found. RBC...

Resources Watch 2012 roundup

Creamer Media’s Resources Watch highlights some major events that took place during the year. Exxaro renewable energy bids (RW 87)

Linc, Exxaro sign African underground coal gasification agreement

ASX-listed Linc Energy has signed a term sheet with diversified miner Exxaro Resources to jointly pursue underground coal gasification (UCG) projects in sub-Saharan Africa. Exxaro would pay Linc a fee of A$3-million within the next 30 days, and...

Rio Tinto inaugurates hydro turbine for Quebec aluminium

Global diversified miner Rio Tinto Alcan on Friday inaugurated its new 225 MW high-efficiency turbine at the Shipshaw hydropower plant in Saguenay, Quebec. The company said the Shipshaw hydropower plant is a key component of the Rio Tinto Alcan...

09/11/2012 (On-The-Air)

Foreign investors in South Africa’s latest batch of renewable energy opportunities have hit the ground running; Strong calls are being made for the crafting of a new social compact for the mining industry to prevent another Marikana; and Impala...

Investment perception of SA worse than reality, says E&Y

South Africa was still the most attractive foreign direct investment (FDI) destination in Africa, despite the recent negative perceptions that the country was losing momentum, said advisory firm Ernst & Young (E&Y) Africa Business Center lead...

02/11/2012 (On-The-Air)

It’s all systems go for the signing next week of R47-billion worth of South African renewable-energy projects; India is expected to import much more coal and iron-ore from South Africa; Some are predicting that the third industrial revolution is...

SA moves to procure 7 761 MW of baseload IPP power by 2025

Energy Minister Dipuo Peters reported on Monday that the Department of Energy (DoE) had received “concurrence” from the National Energy Regulator of South Africa for a Ministerial determination opening the way for the procurement of 7 761 MW...

Coal properties critical when determining suitable gasification technology for CTL

The use of suitable gasification processes to convert different coals from a solid to a liquid is often overlooked and mistakes in the choice of gasifier design have been made in South Africa over the years at considerable cost and loss of...

Critical Elements ‘ahead of the wave’

Quebec project developer Critical Elements on Wednesday said it was “ahead of the wave” as it was nearing completion of a definitive feasibility study and construction of a mine at its Rose lithium/tantalum project, located near James Bay,...

Lacklustre year for IPOs could yet be redeemed – PwC

After what had been described as a “lacklustre” year for Canadian initial public offerings (IPOs), chances were that companies are waiting for the "right" time to reach Canadian equity markets, a PricewaterhouseCoopers (PwC) study has found....