Archive for the ‘Mining & Minerals’ category
The principal risk in building a company in Africa lies not in the continent’s socio-political conditions.
Mining companies’ concerns over electricity supply in South Africa are fuelling a drive towards self-sufficiency, with some mines on the point of investing in their own power generation facilities.
Policy makers should remain “on their toes”, devising means of promoting investment in mining activity while also ensuring that the benefits trickle to the broader economy.
The Kimberley Process Certification Scheme (KP), the diamond trade’s international watchdog, has given Zimbabwe the green light to resume sales of diamonds from the Marange fields.
African governments are increasingly seeking a bigger chunk of their mineral resources wealth.
Botswana, the world’s largest producer of diamonds, is transforming into a leading diamond trading and manufacturing hub.
“The Malian business environment is characterised by increasing market liberalisation, openness to foreign trade and investments, and high GDP growth rates.”
The major challenge facing coal mining companies in Mozambique is not the capital to finance actual mining activities, but figuring out how to get the minerals to the ports.
“The natural instinct of the mining industry is to fight these developments in every way possible.”
Africa as a whole doesn’t seem to be making much progress in creating a more attractive mining investment environment.
If you were a foreigner willing to make an investment in a mining project what would you do? – especially if you were offered something in Ghana and South Africa.
Africa’s mining potential is unfolding as a number of economies are becoming more important in terms of global mineral production.
“At a time when resource commodities have been hitting the highs, South African mining companies should at least be smiling on the way to their banks. Not the case.”
Zimbabwe’s power-sharing government is trying to revive an economy crippled by low productivity, high unemployment and a lack of foreign investment. One focus of attention is the country’s mining industry.
Globe Metals & Mining, an African-focused resource company, has entered into an agreement to form a strategic partnership with China’s ECE.