Ministry Of Mines

Brazil Plans to Auction 6,900 Megawatts of Wind-Farm Power Lines

Brazil will auction by December contracts to build power lines connecting as much as 6,900 megawatts of planned wind farms in an effort to ensure the turbines will be able to send electricity to the grid once they’re installed.

Zimbabwe Mining Companies Reject State Control, Document

The Chamber of Mines of Zimbabwe, which represents companies including Impala Platinum Holdings Ltd., rejected a proposal for the state to control mineral production and prices, a draft response from the industry organization obtained by Bloomberg News shows.

Zimbabwe May Miss Gold Output Target as Price of Metal Declines

Zimbabwe may fall short of its gold production target this year as prices for the precious metal decline and energy shortages strain operations, the Chamber of Mines of Zimbabwe, an industry group, said.

Brazil Auction Rules May Boost Price of Cheap Wind Power

Prices for wind energy in Brazil, currently the lowest in the world, may rise at least 15 percent due to government policies designed to make the nation’s power grid more reliable.

Zimbabwe Proposes Mineral Deposit Auctions, Policy Shows

Zimbabwe is considering auctioning mineral deposits, restricting production of commodities deemed strategic and having the state sell the output from all mines, according to a draft policy document obtained by Bloomberg News.

Namibian Well May Revive Oil Drilling After Misses

HRT Participacoes em Petroleo SA is expecting results this week from a well off Namibia’s Skeleton Coast that may revive interest in oil exploration after two failures last year in the southwest African nation.

Ivory Coast Sets Minimum Investment Level for Prospect Licenses

Mining companies seeking an exploration license in Ivory Coast are required to have a minimum investment budget of 600 million CFA francs ($1.2 million), according to a document from the Ministry of Mines, Oil and Energy.

Brazil Considers Local-Content Requirement for Electricity Bids

Brazilian regulators may require developers participating in auctions to supply energy to get a percentage of their power equipment locally to help protect against Chinese imports.

Brazil Seeks Higher Power-Auction Rate to Spur Use of Coal, Gas

Brazil is seeking to boost prices at electricity auctions and spur demand for power from coal- and natural gas-fired plants, after developers agreed to sell wind energy at low prices that made fossil fuel less competitive.

Brazil Revamps Biodiesel Auctions After Regulatory Probe

Brazil revised the way biodiesel is sold in the country after regulators found indications that producers colluded to keep prices high.

Brazil

Zimbabwe

Sao Paulo

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