In a bid to keep lean and remain profitable in these financially challenging times, large mining houses, such as BHP Billiton, Glencore and Anglo American, have increasingly looked to unbundle non-core assets. SA Mining unpacks the implications of this trend with banking institution Nedbank.
For many years, concerns have been raised regarding the impact of lengthy periods associated with environmental authorisations. Viewed as a stumbling block to the growth of the country’s mining sector, it is now hoped that the new regulations will open up the exploration and junior mining space.
Direct reduction (DR) pellet project developer Ferrum Crescent is forging ahead with a bankable feasibility study (BFS) on its Moonlight project, located in the Limpopo province.
Since Einstein’s time scientists have told us that nothing can go faster than the speed of light. But they go mum when one asks: “But, can the converse be true?” “Are there certain things in our universe that always go faster but can never go ‘slower’ than the speed of light?” Likewise – central bankers […]
$600/oz – is this the long-term gold price forecast? Yes, half the current trading price, says Cadiz Corporate Solutions mining specialist Peter Major. The question is, at $600/oz, who will be producing gold?
East Africa, which is set to become the continent’s fastest-growing region, is becoming an increasingly important destination for China. Additionally, East African port and rail development is being included as part of China’s new concept of a ‘maritime silk road’, which will result in an increasing geopolitical influence within the Indian Ocean.
Government has been making progress on its rehabilitation strategy, but it is necessary to ensure that current and future mining activities are not a burden on government or the mining industry, states Brian Lever, MD at South Africa-based Advance Seed.
Anglo American’s newest iron ore mine, Minas-Rio, in Brazil, is scheduled to deliver 24mtpa-26mtpa at full capacity by 2017, with an additional 3mtpa bringing the total to 29mtpa earmarked from around 2018-2020.
South Africa has further entrenched its footprint in the field of nanotechnology with the official launch of the national clean room facility, at State-owned research council Mintek’s Randburg-based premises.