Africa Mining: Zimbabwe targets $12bn from mineral exports in five years

Africa Mining: Zimbabwe targets $12bn from mineral exports in five years

Zimbabwe expects to earn $12-billion a year from mineral exports by 2023, Mines Minister Winston Chitando said. Advertisements

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Industry Analysis: How Natural Gas Prices Could Double In 2019?

Industry Analysis: How Natural Gas Prices Could Double In 2019?

Summary Natural gas bears have only focused on production, while ignoring the faster growth in demand. I show the temporary factor responsible for 2018’s production growth that will dissipate next year. As production growth slows and new demand sources come online, I predict a major gas supply shortage and higher prices in 2019.  

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Africa Mining: South Africa’s commodity sector continues to suffer

While favourable market conditions, higher commodity prices and strong internal discipline will produce increased liquidity and balance sheet strength for miners this year, advisory firm PwC Africa energy, utilities and resources leader Michal Kotzé believes South Africa’s commodity sector will continue to suffer.

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Africa Extractive Industry: Commodity shock knocks continent’s growth prospects – World Bank reports

World Bank has lowered its 2016 growth forecast for Africa to 3.3%, from 4.2% previously, after the continent expanded by only 3% in 2015; the slowest pace of growth since the 2009 global financial crisis and well below the 6.8% levels experienced by the continent between 2003 and 2008.

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Africa Mining & Energy: Prospect of international loans, a mixed blessing for Angola and Nigeria

With Nigeria and Angola seeking international loans to help ease their oil pain, investors are hoping that any loans will lead to a revision of their worrisome economic policies.

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We Thought You Should Know This: Did You know about the South32?

The South32 is a result of the breakup of BHP Billiton company in two. This company will have in its portfolio those assets considered non-priority by BHP. It will be called South32 because most of its mines are located in the southern hemisphere along the latitude 32 in Australia and South Africa. This is the new market trend and BHP as well as VALE SA will be selling these new substantial parts of the new…

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