Global mining output in February hits three–year low; Asia continues to hold the greatest rewards

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Mining production globally registered its fourth consecutive contraction, falling 7.5 per cent year-on-year in February compared to a 3.3 per cent fall the previous month, Statistics South Africa said in a report. This registers as the largest fall in production since March 2016 when output fell 17.4 per cent year-on-year.  Diamonds, iron ore and gold […]

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Vedanta Zinc International pegs ambitious growth plan on South Africa projects

Gamsberg, part of Vedanta’s Zinc International SA operations, started first-phase production in 2018 and the project is expected to act as an anchor for the company’s ambitious growth plans, adding as much as 600,000 tons of zinc to the company’s annual production in its final phase. In the stark and arid Northern Cape, 60km from Pofadder, in […]

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South Africa oil discovery could be a game changer

One of the promising hotspots for oil and gas exploration drilling this year—South Africa’s offshore—has just yielded a massive natural gas and condensate find that could open a new exploration province for oil majors and change the energy fortunes of South Africa. France’s major Total said last week that it had made a significant discovery on the […]

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Data – Anti-dumping duties on steel products imported into India

A definitive anti-dumping duty in the range of 4.58% to 57.39%, of the landed value of goods has been imposed on imports of cold rolled flat products of stainless steel to give relief to domestic steel industries from China, South Korea, the European Union, South Africa, Taiwan, Thailand and the United States of America, in 2015, according to the steel ministry’s response to a […]

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