Published on in “Business, Trade”, language — English. 68 pages.
A mid lower international prices and lacklustre demand for minerals like gold and platinum, coal is the new beacon of hope for the South African mining industry. Despite campaigns to taint its image, coal will drive Africa’s economic development. There certainly is room for alternative sources of energy, but coal should remain the backbone of any developing country’s energy strategy, as it is in Asia, India, and the Middle East, which in fact has become a huge market for South Africa’s coal. More
Gaining ground
After what started out as a dreadful
year for mining and with
the outlook for most
commodities everything but bullish,
there is a hint of optimism in the air
as the year 2016 draws to an end.
Eleven months ago the global mining
industry was in the doldrums. However,
despite the doomsayers’ dreary predictions,
there were subtle signs of recovery. Gold
and silver started showing signs of revival,
and a few months into 2016, gold mines in
South Africa... More
