$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...

Kell technology ignites industry-creating hopes for platinum sector

A new technology – the Kell process – is igniting hopes that South Africa will be able to create a new industrial thrust out of its unique platinum endowment. There is a snowballing conviction at high level that South Africa could and should...

06/04/2012 (On-The-Air)

South Africa’s State-owned Industrial Development Corporation is investing billions of rands in the platinum industry; The Department of Trade and Industry is going all out to boost South Africa’s struggling manufacturing sector. Here is...

Gilbertson ‘very, very bullish’ on platinum-group metals

Mining industry doyen Brian Gilbertson, who has been involved in several landmark industry-making investments, foresees South Africa’s platinum endowment as providing the potential for yet another industry-making surge. Besides the outlook of...

Company Announcement: Corrosion Damage Mechanisms in Refineries to be addressed at Oil and Gas Africa

Corroding infrastructure is costing the South African economy around 5% of Gross National Product (GNP). Corrosion costs can be cut by up to 25% if proper inspections are carried out by industries, according to Vanessa Sealy-Fisher, President of...

Company Announcement: Conquest Resources Limited sells Zimbabwe gold properties

Toronto, Ontario – January 26, 2012 | Conquest Resources Limited (TSX-V: “CQR”) announces the sale today of its indirectly-held gold properties and assets in Zimbabwe to Mayfair Mining & Minerals, Inc. (“Mayfair”), a Nevada corporation...

Company Announcements: Views from the Trading Floor

Oil & Gas Another rather active day in the Oil & Gas space. Roxi Petroleum (RXP LN) the Kazakhstan Oil & Gas exploration company, pushed 16% better to 4.5p as punters on the bulletins boards speculated an update was due any moment. During his last...

South Africa urged not to devote time to ‘unsuccessful concepts’ like nationalisation

South Africa does not have time to try unsuccessful concepts, said South African independent policy research and education organisation the Free Market Foundation (FMF) economist Vivian Atud at the FMF nationalisation discussion on November 3.

Tipper trucks start journey to new Randgold mine

Eleven specially modified trucks that will be used to transport ore from Randgold Resources’ new Gounkoto operation in Mali to the nearby Loulo plant, have arrived in Senegal and are on route to the mine, the company reported on Thursday....

Rare earths price jump no tulip mania, but correction likely

Dutch tulip mania – tulpengekte – is considered to be the first recorded speculative bubble in the global economy. The tulip was introduced to the Netherlands in 1593 by Flemish botanist Charles de l’Écluse, who apparently received it from...