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Rebranded Minerals Council reflects the promise of the future 

By: Nadine James     17th May 2019 The Minerals Council South Africa – formerly the Chamber of Mines –  officially rebranded in May 2018, repositioning the organisation to reflect, “the promise of the future”, by amending its role and ethos to drive a positive reform agenda that enables the industry to reach its true economic and... 

BHP admits to ‘over-investing’ in Canada mine, but says Jansen remains attractive

By: Esmarie Iannucci     14th May 2019 Diversified miner BHP on Tuesday admitted to an overspend at the Jansen potash mine, in Canada, but CEO Andrew Mackenzie has argued that the project remains an attractive asset. The mining giant has already spent $2.7-billion on the potash project, east of Saskatoon, Saskatchwan, and will have... 

Platinum market set to move into deficit this year – Johnson Matthey 

By: Marleny Arnoldi     13th May 2019 The platinum market is expected to move into deficit this year, with a resurgence in investor activity to outweigh modest falls in industrial and jewellery demand, says Johnson Matthey in its latest platinum group metals market report. The science multinational company expects a tentative... 

Study shows job potential of Bluejay’s Dundas mine

By: Mariaan Webb     10th May 2019 The Dundas ilmenite project that Bluejay Mining is advancing will bring significant employment opportunities and economic development to the region and Greenland in general, the Aim- and FSE-listed company reported on Friday. Announcing the completion and submission of the social impact... 

Indian crude oil import dependency surges to 84%

By: Ajoy K Das     9th May 2019 Rising consumption and falling domestic production has increased India’s crude oil import dependency to 83.7% during 2018/19, compared with 82.9% during previous financial year, data from Petroleum and Natural Gas Ministry has showed. Despite Prime Minister Narendra Modi’s ostensible target to... 

Agri SA launches court proceedings against granting of shale gas exploration rights

By: Simone Liedtke     7th May 2019 Agricultural organisation Agri SA has launched court proceedings in the Pretoria High Court against the granting of environmental authorisations and explorations rights for shale gas to Africa-focused oil and gas exploration and development company Rhino Oil and Gas. Although the authorized... 

Anadarko accepts Occidental bid; Chevron may now respond

By: Bloomberg     7th May 2019 Anadarko Petroleum’s board has declared Occidental Petroleum’s sweetened $38-billion takeover “superior,” giving Chevron until May 10 to either boost its offer or walk away from the oil industry’s biggest deal in at least four years. The announcement by Anadarko, which had rebuffed several prior... 

groundWork opposing Minister’s plan to weaken air pollution standards

By: Simone Liedtke     6th May 2019 Environmental justice group groundWork, represented by the Centre for Environmental Rights, has launched High Court proceedings against Environmental Affairs Minister Nomvula Mokonyane and President Cyril Ramaphosa and is asking the court to set aside government’s plan to double the amount of... 

Total to buy Anadarko’s Africa assets for $8.8bn if Occidental bid succeeds 

By: Simone Liedtke     6th May 2019 French integrated oil and gas company Total has reached a binding agreement with Occidental Petroleum to acquire Anadarko’s assets in Africa for $8.8-billion in the event of the successful completion of Occidental’s takeover bid for Anadarko. The transaction hinges on Occidental entering into and... 

Top oil buyers rue global chaos bringing back seller's market

By: Bloomberg     6th May 2019 The world’s biggest oil buyers are being forced to go on the defensive once again. US President Donald Trump’s sanctions on Iran and Venezuela, the Opec+ coalition’s output curbs, and disruptions from Nigeria to Libya are all handing crude sellers the upper hand in negotiations. With refiners in... 

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