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Resources Watch

13th June 2013

  

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Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.

This week:
Central Africa’s mining governance needs strengthening.
Tenova Takraf Africa tenders for Phase 2 of the Moatize project.
And, flawed legislation hampers South Africa’s diamond polishing efforts.

The mining governance in the Central African region remains weak and requires strengthening to calm investor fears, says International Crisis Group’s Central African project director Thierry Vircoulon.

International Crisis Group's Central Africa project director Thierry Vircoulon

Opencast mining and underground solutions, and materials handling equipment supplier Tenova Takraf is tendering and negotiating for a contract to supply materials handling machinery and services to a major coal project in Mozambique.

Tenova Takraf MD Riccardo Tonini

While the idea behind the State Diamond Trader is noble, the legislation that paved the way for its establishment is flawed, and this has led to beneficiators not receiving the types of diamonds that can be polished economically in South Africa, says World Federation of Diamond Bourses president Ernest Blom.

World Federation of Diamond Bourses president Ernest Blom

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Edited by Shannon de Ryhove
Contributing Editor

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