R/€ = 14.77 Change: 0.04
R/$ = 12.62 Change: -0.04
Au 1294.40 $/oz Change: 1.52
Pt 905.50 $/oz Change: 3.81


US exit of Iran nuclear deal places new risks on $4bn India gas project

By: Ajoy K Das     10th May 2018 US President Donald Trump’s tearing up the multilateral nuclear deal with Iran has thrown a new spanner in works of India’s protracted plans to develop Farzad B offshore gasfields along the Persian Gulf coast. The consortium of Indian companies, led by national exploration and production (E&P)... 

India, Iran near a truncated deal on gasfield development

By: Ajoy K Das     26th April 2018 India and Iran are closing in on a deal for the development of the Farzad B gasfield, albeit of a much smaller size. Diplomatic negotiations between the two countries since early this year have narrowed down differences on the gas project and this will be followed up by a consortium of Indian... 

GAIL throws lifeline to Kochi LNG as it restarts gas pipeline construction

By: Ajoy K Das     8th August 2017 Gas infrastructure major GAIL India has started work on a stalled 438 km gas pipeline, throwing a lifeline to the Kochi liquefied natural gas (LNG) terminal, languishing at less than 10% capacity utilisation. GAIL last week officially restarted work on constructing the pipeline connecting Kochi... 

MAC lauds initiative to improve transportation infrastructure in Northern Canada 

By: Megan van Wyngaardt     5th July 2017 The Mining Association of Canada (MAC) has welcomed the launch of the federal government’s Trade and Transportation Corridors Initiative (TTCI), which will include an allocation of up to $400-million in dedicated funding for transportation infrastructure in Northern Canada. The acute lack of... 

Guinea goes from zero to hero for world’s top aluminium maker

By: Bloomberg     9th September 2016 Guinea will pass Australia to become China’s main source of bauxite next year as the world’s biggest aluminium maker boosts imports of the raw material from the West African nation that supplied almost nothing just two years ago. Shipments from Guinea to China will reach as much as 13-million... 

Todd makes another play for Pilbara iron-ore project

By: Esmarie Swanepoel     17th March 2016 New Zealand’s Todd Corporation has made another play to gain hold of the Pilbara iron-ore project, in Western Australia, this time offering to acquire owner Flinders Mines in an unconditional all-cash off-market takeover offer. Flinders shareholders in September last year rejected a A$65-million... 

Exploration and mine development up to 2.5 times more costly in Canada’s North

By: Henry Lazenby     6th May 2015 A new study has found that the cost to explore and build new mines is as much as 2.5 times higher in northern Canada, mainly as a result of a lack of critical infrastructure. The study, titled ‘Levelling the Playing Field’, found that the cost of mineral exploration and building and operating... 

Tanzania mining sees uptake in reinvestment

By: Mia Breytenbach     10th October 2014 Tanzania’s mining sector has suffered in recent years, owing to “an unpleasant cocktail” of escalating production costs, a subdued gold price, fiscal and regulatory uncertainty, and power shortages in the country’s north-west, says strategy and communications consultancy africapractice Tanzania... 

Sasol eyeing northern Mozambique gas ‘monetisation’ prospects 

By: Terence Creamer     10th March 2014 Energy and chemicals group Sasol says the gas discoveries in the north of Mozambique are large enough to support significant additional “gas monetisation” options over-and-above the liquefied natural gas (LNG) opportunities currently being considered. There have been significant gas discoveries... 

Infrastructure a burning issue in Ontario’s remote Ring of Fire

By: Mariaan Webb     28th February 2014 In Ontario’s Far North, the mineral reserve dubbed the Ring of Fire has been hailed as one of the most promising mineral developments in the province in almost a century, with the largest deposit of chromite ever discovered in North America. This discovery has potential for decades, possibly a... 

Central Petroleum invests in Magellan assets

By: Esmarie Swanepoel     19th February 2014 ASX-listed Central Petroleum has signed a deal with independent oil and gas explorer Magellan Petroleum to acquire its onshore Australian assets for A$35-million. The assets include the Palm Valley and Dingo fields, near Alice Springs, as well as in-place compression, processing and... 

Brockman expands South Pilbara holdings

By: Esmarie Swanepoel     2nd April 2013 Iron-ore miner Brockman Mining has moved to increase its holdings in the Pilbara by purchasing fellow listed Sheffield Resources' south Pilbara tenements, in Western Australia. 

Ontario government creates new Northern Cabinet Committee

By: Henry Lazenby     1st March 2013 The Liberal Ontario government has created a new Northern Ontario Cabinet committee, chaired by Thunder Bay - Atikokan Member of Provincial Parliament Bill Mauro, to address the needs of Northern Ontario. During the first meeting of the Ontario government in the north of the province since 1995,... 

LVSA Group Multimedia 

7th September 2012 Today’s global market demands ever-shorter lead times. At LVSA GROUP we lead from the front providing the fast & flexible response required by the world’s main players in the energy infrastructure industries. Our worldwide resources of premium carbon alloy valves, pipes ,components and... 


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