Global Markets: “Thermal coal price climbs to $100 per tonne” – BMI

BMI has increased its thermal coal price forecast for this year to $100/t from $85/t previously as a result of tight supply from exporting countries and higher demand on the back of hot weather in importing countries.

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Africa Mining: “Zambia’s copper production set to grow, but may be restricted by policy” – BMI

    Although the growth prospects for Zambia’s mining sector remains positive for this year, amid rising copper prices and improved electricity supply, a worsening regulatory environment may negatively impact on the country’s copper production in the coming years, warns BMI Research.

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Global Industry: “Oil, Gas Majors to Boost Renewable Spend” – Rigzone

Oil and gas majors will continue to strengthen investment into renewable energy and low carbon technology through 2018, although capital allocated in this area will still be significantly below volumes committed to conventional business activity.

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Mozambique Oil & Gas: Fears of “Resource Nationalism” poses danger to investors

The uncertainties on regulation in Mozambique and the risk of an increase in “resource nationalism” may diminish investor interest and postpone projects, according to Business Monitor International (BMI). In its “Oil & Gas Report” for the first quarter of this year, the consultancy’s analysts said, “the regulatory uncertainties and the risk of increased resource nationalism [mandatory to hire a certain percentage of the workforce and local businesses] could decrease interest in investments and delay projects.”

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