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Mining shares plunge despite record profit in 2011 – PwC

By: Megan van Wyngaardt     6th June 2012 The global mining industry is facing a growing disconnect with a significant decline in market capitalisation, an increase in commodity prices and a lack of shareholder confidence, PricewaterhouseCoopers (PwC) said on Wednesday. In South Africa, rising input costs such as electricity, labour and... 

Better prices, economic spin-offs offered in second renewables round

By: Terence Creamer     13th April 2012 The South African government has confirmed that it had received a total of 79 tenders, representing 3 233 MW of potential power generation capacity, during the second bidding round under its renewable energy independent power producer (IPP) purchase programme, which closed on March 5. Energy... 

State capitalism: Is it a rival to market capitalism?  

By: Keith Campbell     30th March 2012 Since the start of the current global economic crisis in 2008, there has been renewed interest in the concept of ‘State capitalism’, as distinct from ‘market capitalism’. (The term ‘liberal capitalism’ is shorthand for ‘liberal democracy plus market capitalism’.) This interest is centred on... 

SA’s second renewables bid window heavily oversubscribed 

By: Terence Creamer     29th March 2012 The South African government confirmed on Thursday that it had received a total of 79 tenders, representing 3 233 MW of potential power generation capacity, during the second bidding round under its renewable energy independent power producer (IPP) purchase programme, which closed on March 5.... 

Defence industries having to adapt to changing times, consultancy warns

By: Keith Campbell     16th March 2012 The significant developments in warfare in the early 21st century are not only having a pronounced impact on armed forces around the world, but also require changes in the civilian organisations and defence industries that support and supply them. So argues the Global Governance practice of... 

Australian mining productivity falls

By: Esmarie Swanepoel     14th March 2012 Labour productivity in the Australian mining sector declined by 1.4% in the second quarter of the 2012 financial year, consultancy firm PricewaterhouseCoopers (PwC) said on Wednesday. The decline was attributed to sluggish output growth. 

Africa emerges as new frontier for gold M&A

By: Reuters     7th March 2012 At the massive Prospectors and Developers convention, it's not hard to find a table full of mining executives huddled in conversation, their voices muffled by the din of thousands of participants at the event. With gold prices steady above $1 650/oz and a growing number of juniors producing in... 

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