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China's plan for iron-ore giants hard to make the grade

China's bid to slash its dependence on foreign iron-ore miners by creating its own mega producers risks running aground before it starts due to high costs and poor quality of ore. Instead, overseas suppliers may end up shipping more to their top...
16th April 2014

Indophil eyes Philippine listing to seek local support for delayed mine

Australia-based Indophil Resources said this week it is looking to list its shares on the Philippine Stock Exchange to win more local support for the long-delayed $5.9-billion Tampakan copper and gold mining project. Indophil owns 37.5% of...
28th March 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

Major global future demand for South African platinum – Friedland

Ivanhoe Capital Corporation chairperson Robert Friedland The future of the world is urbanisation and South Africa is uniquely placed to supply the major volume of the platinum metals that the world will need in large quantities to clean its air. “Platinum metals equal healthier air,” Ivanhoe Capital...
5th February 2014
Breaking News

Hopes raised for a more bullish mining sector

Nothing is new under the sun. Consider this commentary from the second century BCE Huainanzi that describes the effects of an even more ancient Chinese resource super cycle: “When the age of decadence arrived, people cut rocks from the...
24th January 2014

Chinese, US macroeconomic developments raise hopes for a more bullish mining sector

Nothing is new under the sun. Consider this commentary from the 2nd century BCE Huainanzi that describes the effects of an even more ancient Chinese resource super cycle: “When the age of decadence arrived, people cut rocks from the mountains,...
24th January 2014

Husab uranium project, Namibia Restricted

The main process plant and construction camp earthworks are in progress.
29th November 2013

Rum Jungle charms Chinese investor

Shareholders of ASX-listed Rum Jungle have smiled on a memorandum of understanding (MoU) signed with Chinese major China International Chemical Consulting Corporation (CICCC) to advance the Karinga potash project, with share prices jumping nearly...
6th November 2013
Company Announcement

Company Annoucements:Conflow Continues China Export Strategy PDF Available

Conflow, the specialist manufacturer of dust and fire suppression and water control systems in underground mining, will be exhibiting at China Coal & Mining Expo, one of the largest exhibitions in the mining calendar. China Coal & Mining Expo...
10th October 2013
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