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Mining

South African May thermal coal exports to India reach 2017 high

South African May thermal coal exports to India reach 2017 high

South African exports of thermal coal reached highs for 2017 at 7.03 million mt in May, posting increases both on the month and the year as flows into key consumer India hit an 11-month high, the most recent customs data

6th Jul 2017 Mining, News Read more

India’s largest steelmaker SAIL looking to South Africa for coal

India’s largest steelmaker SAIL looking to South Africa for coal

India’s largest steelmaker SAIL is keen to cut down its dependence on Australian firm BHP Billiton for coking coal import and is readying a Plan B with countries like South Africa and Canada on mind. “SAIL is a buyer of

27th Jun 2017 Energy, Mining, News Read more

Effective tax rate (ETR) on mining in India higher than South Africa

Effective tax rate (ETR) on mining in India higher than  South Africa

A higher tax burden on the mining industry in India compared to other resource-rich countries is making mining an unviable activity and driving away investments from the sector. A huge gap has been found between the effective tax rate (ETR)

22nd Jun 2017 Mining, News Read more

Anil Agarwal invests in Anglo American shares

Anil Agarwal invests in Anglo American shares

Anil Agarwal’s £2bn investment in Anglo American shares, giving his trust – Volcan Investments – a 13% stake in the UK-listed firm, was an attempt to flush out rival bidders for Anglo’s assets or buy the South African assets identified

27th Mar 201727th Mar 2017 Mining, Sections Read more
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