South Africa Mining Report - Business Monitor International - Industry Reports

South Africa Mining Report

South Africa Mining Report - Business Monitor International - Industry Reports
South Africa Mining Report
Published Oct 01, 2016
84 pages — Published Oct 01, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Coal: On August -- ----, Coal India approved signing of a memorandum of understanding (MoU) with the South Africa government-controlled African Exploration Mining and Finance Corporation. Areas of collaboration include identification, acquisition, exploration, development and operation of coal assets in South Africa. ...A recalibration of expectations for the global monetary policy trajectory by investors and equity market turmoil has combined to create a more positive environment for gold prices than we previously anticipated. Iron Ore: We have revised up our iron ore forecast to ---- and expect iron ore prices to average USD--/ tonne in ---- and USD--/tonne in ----, up from our previous forecasts of USD--/tonne and USD--/ tonne, respectively. Our upwards revision is predicated on sustained ore demand from Chinese steel mills and domestic iron ore production coming offline at a faster pace than we had anticipated, reducing excess ore capacity. ...We forecast South Africa s palladium output to grow marginally from -.--moz in ---- to -.--moz in ----. This would represent an average annual growth of -.- during ---------.

...Universal Coal is set to increase overall sales of thermal coal after commencing production at the firm s New Clydesdale Colliery mine in South Africa. On September -, output started from the firm s underground mine and production is expected to total --- thousand tonnes per annum. ...On September -, output started from the firm s underground mine and production is expected to total --- thousand tonnes per annum. The mine, located in South Africa s premier coal region in the Witbank basin, coal resource of ---.- million tonnes thermal coal, sufficient for over twenty years of operation. The mine, located in South Africa s premier coal region in the Witbank basin, coal resource of ---.- million tonnes thermal coal, sufficient for over twenty years of operation. ...This would represent average annual growth of -.- during ---------, slightly higher than the average -.- decline during ---------.

...Miners declining profit margins will necessitate greater capital constraints, resulting in capex cuts and delaying or halting projects altogether. On December - ----, Anglo American announced a restructuring plan that will focus on divestment of non-core and loss-making assets, downsizing its workforce and consolidating business divisions in an effort to weather ongoing commodity price weakness. ...

  
Source:
Document ID
1755-7887
Country
Industry
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "South Africa Mining Report" Oct 01, 2016. Alacra Store. Dec 10, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/South-Africa-Mining-Report-2026-502>
  
APA:
Business Monitor International - Industry Reports. (2016). South Africa Mining Report Oct 01, 2016. New York, NY: Alacra Store. Retrieved Dec 10, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/South-Africa-Mining-Report-2026-502>
  
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