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China low-quality coal ban won’t place Oz exporters at disadvantage

The Minerals Council of Australia (MCA) on Wednesday urged the resources sector not to overreact to China’s recently announced low-quality coal ban. China’s National Development Reform Commission has instituted a ban on burning coal with an...
17th September 2014

China seeks cleaner coal imports

China will ban the import and local sale of coal with high ash and sulphur content starting from 2015 in a bid to tackle air pollution, with tough requirements in major coastal cities set to hit Australian miners.      The National...
16th September 2014

Russia says Alrosa prospecting for Zimbabwe diamonds

Diamond mining company Alrosa is partnering a Zimbabwe-Russia joint venture company to prospect for diamonds in the southern African country, Russia's trade and industry minister said on Monday. Russia's major investment in Zimbabwe is a...
15th September 2014
Company Announcement

Bauma Conexpo Africa to move to a three-year cycle after 2015 PDF Available

Market-oriented cycle for Africa Bauma Conexpo Africa's organizers respond to industry's wish Africa's largest trade fair for the construction machinery and mining industry celebrated its premiere in 2013. The next Bauma Conexpo Africa takes...
28th August 2014

Australian billionaire politician apologises for TV tirade over China

Australian mining magnate and politician Clive Palmer has apologised to China's ambassador to Australia for a tirade in which he referred to the Chinese government as "bastards", setting off a firestorm in Canberra and Beijing. The apology, in...
26th August 2014

Chinese paper calls for retaliation over Australia tycoon attack

An influential Chinese newspaper called for retaliation against Australia on Wednesday after Australian mining mogul and politician Clive Palmer described China's government as "bastards" who shoot their own people. The Australian government has...
20th August 2014

Cauldron raises cash from Chinese investors

ASX-listed Cauldron Energy has secured A$11-million in funding through a series of share placements to Chinese investors. The funds would be received between June this year and December 2015, subject to shareholder approval, with the majority to...
10th June 2014

Sibanye seen as likely buyer for Anglo's ageing platinum mines

If Anglo American pushes ahead to divest underperforming platinum assets, a sale to a small South African company that specialises in squeezing profit out of mines nearing the end of their lives is seen as the most likely option. Anglo American's...
29th April 2014
Mining Services

China remains key to growth of African mining, says MD

His fifth consecutive keynote address at the Mining Indaba dealt with the potential to develop a global natural resources alliance between China and Africa
Understanding Asia, particularly China, was key to ensuring sustainable growth for the African mining industry, said international advisory, procurement and sales activation firm The Beijing Axis (TBA) group MD Kobus van der Wath, who spoke to...
7th March 2014

Overcapacity in China's steel sector is 'beyond imagination'

Overcapacity in China's steel sector is so severe that it is "probably beyond our imagination", an official at the Chinese steel industry association said on Tuesday. China's iron-ore imports are expected to rise 6% from a year ago to reach...
25th February 2014

Iron-ore falls below $120, first time since July, as China fears grow

Iron-ore sagged to its lowest level since July, hammered by sliding steel prices in top consumer China where mills are either seeking deeper discounts on spot ore cargoes or staying away from the market in anticipation of further price declines....
25th February 2014

New private equity with a difference has $750m firepower for mining

A new class of private equity, with a deeper understanding of mining’s needs, was launched officially last week with $750-million to deploy in the mining space. London-based Appian Capital Advisory, founded by former JP Morgan mining team...
7th February 2014
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