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May 2, 2012

It may not be quite the highest mine in the world, but Los Bronces in the Chilean Andes has its own set of challenges for its new general manager Sam Rasmussen.

It may not be quite the highest mine in the world, but Los Bronces in the Chilean Andes has its own set of challenges for its new general manager Sam Rasmussen, as Alan Swaby learns.

Readers of this publication will be long familiar with arduous mining ventures. Normally, this means somewhere miles from nowhere in some hard to reach corner of the country. But in the case of one of the richest copper mines in the world, all the challenges and feelings of remoteness stem from the fact that it lies some 11,000ft above sea level.

April 11, 2012

Even at today’s prices, the economics of opening a new gold mine need careful attention. Managing director John McKinstry explains.

Even at today’s prices, the economics of opening a new gold mine need careful attention, as Alan Swaby learns while talking with Carrick Gold.

Just like rare book collectors, gold exploration companies are always on the lookout for the big find—the one that will make their name, not to mention their fortune. Not surprisingly, both professions tend to attract more than their share of dreamers.

March 5, 2012

Zhike Lei, assistant professor at the European School of Management and Technology in Berlin, explains why corporate tree-hugging is no longer enough in the battle to tackle the sustainability challenge.

Zhike Lei, assistant professor at the European School of Management and Technology in Berlin, explains why corporate tree-hugging is no longer enough in the battle to tackle the sustainability challenge.

October 30, 2011

Paying over the odds might seem generous, but it's a dangerous policy, for several reasons.

Excluding things that are illegal, unethical, immoral or unsafe, the worst thing that an employer can do to an employee is to pay him or her significantly more than a free-market wage.

What? The worst thing you can do is to pay someone too much? We can see people’s hands going up volunteering to receive that type of harsh treatment. But the results are often devastating for the employee.

August 30, 2011

UK bank Barclays has launched a £100 million fund for UK farmers investing in renewable energy.

UK bank Barclays has launched a £100 million fund for UK farmers investing in renewable energy.

Developed with sector specialists, the fund is available for solar, wind, and hydro projects in the UK, with Barclays including projected feed-in-tariffs when assessing each loan.

The bank said that new figures show that over one third of the UK’s 200,000 farmers are expecting to invest in renewable energy, with the majority doing so within the next year. It added that farmers expect the investment to generate returns averaging £25,000 per year.

August 11, 2011

Neil Morris, head of strategic planning at Yorkshire Building Society, explains how adopting a robust approach to strategic planning and M&A activity has enabled the mutual organisation to grow and prosper following the recent financial crisis.

Neil Morris, head of strategic planning at Yorkshire Building Society, explains how adopting a robust approach to strategic planning and M&A activity has enabled the mutual organisation to grow and prosper following the recent financial crisis.

 

June 28, 2011

In less than five years, Spark ATM Systems has deployed a nationwide network of ATMs across South Africa. Managing director Marc Sternberg talks about the innovations behind this success and the plan to capture 50 per cent of the market in the next two years.

It’s taken Spark ATM Systems under five years to deploy a nationwide network of ATMs across South Africa, using cutting-edge technology and based on a strong ethos of customer service. Managing director Marc Sternberg talks to Gay Sutton about the innovations behind this success and the plan to capture 50 per cent of the market in the next two years.

 

May 11, 2011

Research and development is not only the hallmark of Karbochem’s success but also its greatest opportunity for the future, as Gay Sutton discovers from commercial director and chairman Dr Abraham Brink.

Research and development is not only the hallmark of Karbochem’s success but also its greatest opportunity for the future, as Gay Sutton discovers from commercial director and chairman Dr Abraham Brink.

 

May 11, 2011

For most large businesses, rolling out a major initiative company-wide is always high-cost. Many companies plough ahead based on gut feel or a degree of manual financial analysis. So much more, however, can be gained through the rigorous business testing which is now possible using advanced technology, as Phil Marsland, European head of Applied Predictive Technologies, explains.

For most large businesses, rolling out a major initiative company-wide is always high-cost. Many companies plough ahead based on gut feel or a degree of manual financial analysis. So much more, however, can be gained through the rigorous business testing which is now possible using advanced technology, as Phil Marsland, European head of Applied Predictive Technologies, explains.

 

April 15, 2011

The Export-Import Bank of the United States has given preliminary approval for an $805.6 million direct loan to South Africa’s state-owned utility Eskom.

The Export-Import Bank of the United States has given preliminary approval for an $805.6 million direct loan to South Africa’s state-owned utility Eskom.

The financing, if eventually approved, will support Eskom's purchase of engineering and construction management services which will be used to construct the Kusile power plant, located in the Emalahleni area of Mpumulanga Province.

The loan includes a business contract for Kansas, US-based Black & Veatch to provide the engineering and construction management services to Eskom.

April 6, 2011

The tiny African nation of Botswana is a shining example of how a country can use its natural resources wisely to reverse its fortunes.

The African nation of Botswana is a shining example of how a country can use its natural resources wisely to reverse its fortunes, as Alan Swaby learns.

 

March 17, 2011

Customer defaults are an unfortunate fact of life. David Taylor, Chairman & CEO of OnGuard explores how intelligent software can help credit managers spot and interpret the ‘red flags’ that indicate a customer is in financial difficulty.

Customer defaults are an unfortunate fact of life. David Taylor, Chairman & CEO of OnGuard explores how intelligent software can help credit managers spot and interpret the ‘red flags’ that indicate a customer is in financial difficulty, and how monitoring these can help businesses protect their own cash flow.

 

January 13, 2011

Investing in technology and innovative services to drive its customer appeal, and inspired marketing to unite football with the internet, MTN South Africa is unlocking the massive potential of mobile telephony, as managing director Karel Pienaar tells John O’Hanlon.

Investing in technology and innovative services to drive its customer appeal, and inspired marketing to unite football with the internet, MTN South Africa is unlocking the massive potential of mobile telephony, as managing director Karel Pienaar tells John O’Hanlon.

 

December 6, 2010

Rakesh Rao, CEO of Crown Berger Kenya Ltd, East Africa’s largest paint maker, talks to Jayne Flannery about maintaining the company’s leading position in the region.

Rakesh Rao, CEO of Crown Berger Kenya Ltd, East Africa’s largest paint maker, talks to Jayne Flannery about maintaining the company’s leading position in the region.

 

 

 

 

October 27, 2010

After 10 years of investing, City Telecom is now in harvesting mode, being profitable, with positive free cash flow and achieving its goal to dominate the Hong Kong broadband market.

On 18 March 2010, NiQ Lai and his colleagues celebrated ten years on NASDAQ by ringing the opening bell: he tells John O’Hanlon how after 10 years of investing, City Telecom is now in harvesting mode, being profitable, with positive free cash flow and achieving its goal to dominate the Hong Kong broadband market.

 

 

 

September 16, 2010

One of the most endearing and important qualities that uniquely defines us as humans is the way we pass on what we’ve learned to subsequent generations. Fortunately, that doesn’t just happen in families. It happens in business, too.

One of the most endearing and important qualities that uniquely defines us as humans is the way we pass on what we’ve learned to subsequent generations. Fortunately, that doesn’t just happen in families. It happens in business, too.

And while one person’s experience may be the next person’s nonsense, there is the occasional rare gem to be cherished and passed on. Fred Wilson, a VC who’s been around a while, has decided to share some advice he received almost 25 years ago from another VC. Who knew VCs could be so ancestral?

June 25, 2010

Ram Power, Corp. was formed through a business combination of three geothermal energy companies to develop projects in North and Latin America that offer a return on shareholders’ investment, as David Hendricks learns from executive vice president Dan Schochet

Ram Power, Corp. is a renewable energy company based in Reno, Nevada, focused on developing, owning and operating geothermal power plants. It was founded in 2008 as Ram Power, Inc., by former senior executives from Ormat Technologies, which is also in the business of geothermal energy development. “We decided to form Ram Power because we wanted to have a piece of the action, and working at Ormat wasn’t as much fun as it used to be years earlier,” says executive vice president Dan Schochet, whose primary responsibility is business development.

June 18, 2010

Spain’s Santander is set to acquire 318 high street branches from the UK’s Royal Bank of Scotland as the only bidder left in a sale process that ends today.

Spain’s Santander is set to acquire 318 high street branches from the UK’s Royal Bank of Scotland as the only bidder left in a sale process that ends today.

The Spanish bank, which is the largest in Europe, made an indicative offer of about £2 billion in April to buy the branches the European Union is forcing RBS to sell, following its government bailout during the credit crunch.

The bid is for 318 RBS branches, part of the former William & Glyn network, plus six NatWest branches in Scotland.

June 1, 2010

Acquisition by one of the world’s largest gold producers has impacted very positively on Ghana-based Abosso Goldfields Ltd. Executive director Mike Ezan talks to Andrew Pelis about the improvements made and stability gained.

Acquisition by one of the world’s largest gold producers has impacted very positively on Ghana-based Abosso Goldfields Ltd. Executive director Mike Ezan talks to Andrew Pelis about the improvements made and stability gained.

September 1, 2009

The sign of the black angel
AIM-listed exploration and mining company Angus and Ross has interests in Brazil and Australia but is currently focused on Greenland, where it intends to exploit newly discovered zinc resources.
Base metals have been having a bad time on the metal exchanges, a situation caused by the global trade downturn that has concentrated the minds of major importers. China, the engine of world manufacturing, has become critical in determining the state of global supply; and once demand for its products started to decrease, it inevitably fell back on its considerable reserves. But it’s an ever-changing situation, and the Chinese government-controlled information agency Beijing Antaike has noted that higher output of Chinese galvanized steel in the first half of the year due to the growth in the local automobile and construction sectors resulted in increased zinc consumption.
 

July 1, 2009

Salt of the earth
Just 15 months ago Aard Mining Equipment emerged from beneath the protective umbrella of mining services giant Boart Longyear. Managing director Alistair McGillivray talks to Gay Sutton about the challenges and excitement of the first year of independence.
It was on 1 March 2008 that Aard Mining Equipment came into existence as a self-contained and separate entity, but the company was certainly no newcomer to the industry. It had grown and developed over many years, beginning as a mining equipment maker and then a business unit within the company we know today as Boart Longyear. 

March 18, 2009

On the fast track The Richmond Oval, built for the 2010 Winter Olympic Games in nearby Vancouver, will benefit the City of Richmond long after the games are over, Alan Nicholson tells John O’Hanlon. When Vancouver was selected to host the 2010 Olympic and Paralympic Winter Games, the City of Richmond, located on the south side of the Fraser River from Vancouver, made an agreement to construct the Oval to host the long-track speed skating events.