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    Resources Watch

    Resources Watch

    17th March 2016

      

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    Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.

    This week:
    Sasol outlines dual Southern Africa, North America growth plans
    Coal coming off the bottom – Exxaro
    And, resilient Sasol weathering storm


    Despite the lower-for-much-longer oil price outlook, integrated chemicals and energy company Sasol is remaining focused on executing growth projects in Southern Africa and North America as part of a dual regional strategy.

    Outgoing Sasol CEO David Constable:
     

    There are indications that the coal market, which suffered heavily depressed prices last year, is beginning to come off the bottom.

    Exxaro FD Wim de Klerk:

    Worsening market volatility and uncertainty have prompted Sasol to raise its cash conservation target to an even higher outside range of R75-billion from a previous R50-billion.

    Outgoing Sasol CEO David Constable:

    For mining news as it breaks, stay logged onto Mining Weekly.com and register for our free daily newsletter. 

    Edited by Creamer Media Reporter

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