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Kim Cloete

Infrastructure plan gains traction, key to SA's growth

4th March 2014 The government’s infrastructure programme is helping combat the effects of the recession and sparking new investment deals, says Economic Development Minister Ebrahim Patel. He told an infrastructure cluster media briefing that a combination of investment, particularly in energy, transport and... 

Bury CO2 gases, says international climate change expert

28th February 2014 World-renowned energy expert Sir Eric Ash believes China, the US and the UK are starting to take stock of the damage being done by carbon dioxide (CO2) released by coal and the potential of burying the noxious gases underground or in the sea. “I’m not aware of any coal plant around the world that... 

Spike in interest in oil and gas exploration

24th February 2014 Interest in oil and gas exploration, both offshore and onshore, in South Africa is set to spike over the next five years, with improvements in technology and a need for an alternative to the unstable Middle East providing more opportunities locally, says Petroleum Agency SA (Pasa). Pasa resource... 

Oil and gas industry leaders call for certainty

21st February 2014 Players in the oil and gas industry have warned of increasing impatience over the continued uncertainty surrounding the Mineral and Petroleum Resources Development Amendment (MPRDA) Bill. Parliament’s Portfolio Committee on Mineral Resources this week delayed its deliberations on changes to the... 

Numsa head calls for nationalisation of mines

11th February 2014 The National Union of Metalworkers (Numsa), which is in the midst of a battle against the union federation it ostensibly falls under, the Congress of South African Trade Unions (Cosatu), has called for the nationalisation of mines and the financial sector in South Africa. Numsa general secretary... 

R370m shot in arm for vaccine research

7th February 2014 South African researchers committed to developing vaccines and new medicines and biotechnologies to tackle malaria, TB and HIV/Aids have received a boost with a R370-million partnership with the Bill and Melinda Gates Foundation (BMGF). The BMGF says it is funding innovative, African-led research... 

Tormin mineral sands project kicks off, to inject R1bn a year

6th February 2014 Tormin, the West Coast-based mineral sands project of Mineral Commodities (MRC), is up and running, with the first product already shipped to China. Speaking to an investor gathering at the Investing for African Mining Indaba in Cape Town on Wednesday, CEO Andrew Lashbrooke said the Tormin... 

SA gold industry faces tough year

6th February 2014 The South African gold mining industry faces uncertainty this year, as a combination of risks of further strikes and regulatory challenges loom, according to the just-released JP Morgan report on the gold industry. “The risks of further industrial unrest and regulatory challenges in South Africa... 

Mathunjwa confirms platinum strikers holding firm to wage demands

5th February 2014 The Association of Mineworkers and Construction Union (AMCU) is holding firm to its R12 500-a-month wage demand for workers in the platinum sector, AMCU President Joseph Mathunjwa said on Wednesday. He told the Cape Town Press Club the union would keep pushing its demands to double the current... 

Nigeria sets sights on re-emerging as key mining destination

5th February 2014 Nigeria is hoping to become a much bigger player in African mining, following years of neglecting the industry in favour of oil. A Nigerian government delegation said it had introduced a range of incentives to investors and was keen to re-emerge as a key mining destination on the continent. 


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