When a project to re-mine stockpiles at an iron ore operation discovered its planning had been too optimistic, Pilot Crushtec saved the day.
Africa has a high-risk investment profile. Several concerns include corruption, security concerns and resource nationalism.
Sundance continues to have discussions with the Government of Cameroon to find an acceptable way forward with regard to the Mbalam deposit.
“The persistently high youth unemployment rate has long been one of the most pressing socio-economic problems in South Africa."
Iron ore was a clear commodity outperformer in 2020, owing to the substantial increase in demand driven by China’s infrastructure.
Global economies world-wide on the up! Reinvigorating industries that suffered during the worst periods of COVID-19 has become a priority! One of the underlying requirements to rebuild and grow economies is steel! One of the fundamental requirements for this is iron ore!
South Africa attracted only R2.5 billion of new investment in 2020, a sharp 45% drop from the 2019 figure of R4.6 billion.
The sector faces pressure from governments, investors, and society to reduce emissions. Mining is responsible for 4 to 7% of GHG emissions.