The low cost and relative abundance of South Africa’s coal has assured it a central place in the nation’s economic life; according to the Chamber of Mines of South Africa, in 2012 94% of domestic electricity generation was derived from coal-fired thermal power stations, which consume about 130m tonnes of the 250m tonnes produced annually in...
Cheap, plentiful energy has long been a precondition of the industrial age. In recent years though, conventional reserves of fossil fuels such as oil and gas have been steadily dwindling. With renewables not yet sufficiently developed to end dependence on these resources, the world faced a stark choice: either return to more hazardous and more...
Thanks to the development of new technologies such as fracking and offshore drilling, hydrocarbons reserves previously thought inaccessible are being exploited. Colombia’s experience in developing these resources is limited, though recent auctions of unconventional blocks could open the door to extra reserves of oil and gas. The incorporation of...
A combination of an improved investment environment from a security standpoint and rising international commodity prices have been the principal causes of the recent growth in the extractive industries. The booms experienced by the mining and hydrocarbons industries have in turn sparked a rapid increase in royalties collected and distributed to...
The identification of the mining sector as a driver of economic growth by the incumbent administration was largely, and rationally, based on geological potential. While large coal reserves are well documented, along with smaller deposits of gold, copper, emeralds and other minerals, the most attention-grabbing aspect of the country’s geological make...
The mining sector has become an increasingly attractive investment target for various reasons. Foremost is the fact that Colombia possesses a diverse geology that is home to an assortment of precious minerals and metals. With access to both the Pacific and Atlantic Oceans, it also provides a strategic location from which to export. Due to decades of...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×