Tag: India
South Africa Biggest Loser in Global Coal Investment Boom
South Africa risks surrendering its leading position as a competitive coal exporter thanks to “underfunded and arthritic” infrastructure and logistics for the country’s extensive “black gold” resources.
America Expects Someone Else to Solve its Rare Earth Element Vulnerability
Early next month thousands of delegates will converge on Cape Town to participate in one of the world’s most important mining capital formation and distribution processes - Investing in African Mining Indaba. The event is ground-zero for the money flowing to and from the world’s last great frontier in mineral exploration and development, Africa. Yet the United States will, as usual, have no formal representation even as officials from China, Australia, India, Japan and Canada jockey to land mining assets for their national companies and national interest.
India Lays Down a Challenge for China
In a significant line, Singh said: “Oil and gas today are not seen merely as commodities to be traded freely. They are often used by countries to meet their political objectives. More importantly, we have to take into account the changing pattern of growth in the demand for oil.”
Climate of Insanity Threatens Bucyrus Order from India
Bucyrus International expects to lose a $310 million order for mining machinery from a subsidiary of Reliance Power of India following a decision by the U.S. Export-Import Bank against providing loan guarantees for the coal power project in Madhya Pradesh.
South Africa & Brazil - twins for a time, now splitting up?
Brazil and South Africa may realize and accept that a formal alliance would be mutually beneficial, but we doubt it. So take care if you are convinced that this is a good combination trade - timing will be everything.