Business Day: Chaos in the ANC could enable Zuma to intervene as arbiter Dec 2017
Zuma as arbiter in the upcoming stalemate would be an ideal position, which he will no doubt use to his advantage
Fin24: Is SA mining 'uninvestable'? Sep 2017
Policy uncertainty in the South African mining industry has long been the default culprit for increasingly dwindling foreign capital investment into the sector and remains
Fin24: Are the illicit flows fake? Aug 2017
Highly influential global estimates of illicit financial flows (IFFs) are complete nonsense designed to overstate private sector complicity in underdevelopment, economists contracted by the Chamber
Mining News: Chamber of Mines calls on UNCTAD to withdraw faulty report Aug 2017
South African Chamber of Mines (COM) has released the third and final Eunomix report in a series commissioned to examine the UNCTAD's (United Nations Conference
BD TV interviews Eunomix's JP van der Merwe on Africa's SEZs Aug 2017
Alishia Seckam takes a look at how successful Special Economic Zones on the continent have been in attracting investment and promoting industrialisation. Joining her in
Zero sum game: Why the Mining Charter redraft has no winners Aug 2017
The third revision of the Mining Charter gazetted on June 15 sent shock waves through South Africa's mining industry. The onerous set of new regulations
Chamber of Mines releases final independent report on trade invoicing Aug 2017
The Chamber of Mines has released the third and final report in a series commissioned to examine the July 2016 United Nations Conference on Trade
Mining Weekly - COM rubbishes UNCTAD misinvoicing report Aug 2017
Commissioned research by advisory firm Eunomix Research has led the South African Chamber of Mines (CoM) to reject the third iteration of the United Nations
Business Day - Report cools fears of invoicing problems in industry Aug 2017
Discrepancies are not due to illegal activities but to other factors, Eunomix report shows
Business Day - AngloGold battles Tanzanian laws Jul 2017
Subsidiaries turn to arbitration after government passes new legislation to ensure state profits.
Eunomix is quoted in the French news weekly Le Point on the political crisis in South Africa May 2017
Eunomix interviewed by BBC Afrique on the crisis Apr 2017
Listen to this interview of Claude Baissac in French commenting on the current political and economic crisis confronting South Africa following the dismissal of the
Claude Baissac interviewed by Free Zones Watch on SEZs in Africa Mar 2017
In this interview, Claude Baissac discussed how SEZs have performed in Africa, how they could be improved, on China has influenced the playing field, and
Claude Baissac interviewed on Classic FM on the trade misinvoincing issue Feb 2017
Watch Eunomix engaging on the trade misinvoicing issue Feb 2017
Eunomix has been commissioned to review Unctad July 2016 report on trade misinvoicing. Eunomix conclusively demonstrated that "great gold heist" does not exist. Unctad theory
Read this blog by economist Maya Forstater on the trade misinvoicing saga Feb 2017
Maya Forstater's blog provides a summary of the debate that has been raging since July 2016 following Unctad's release of a report accusing, among others,
Coverage in Mining Weekly on second gold misinvoicing report Feb 2017
Mining Weekly reports on how Eunomix's second report on trade gaps in gold further debunks UNCTAD claims of deliberate misinvoicing committed by South African gold
South African Chamber of Mines op-ed on Eunomix report on trade misinvoicing in Business Day Dec 2016
The Chamber of Mines' economist Henk Langenhoven published an op-ed in Business Day on Eunomix' limited counterfactual study to the UNCTAD report on trade misinvoicing
Coverage on Eunomix CSR event in Mining Weekly Oct 2016
One of the main lessons coming out of Eunomix's event on CSR in mining, hosted in cooperation with the High Commission of Canada, was that
Eunomix interview on CNBC Africa: Exploring Special Economic Zones May 2016
CNBC Africa sat down with Eunomix analyst JP van der Merwe to discuss Special Economic Zones as a tool for economic growth in 'fragile situations'
Coverage on Eunomix report on platinum mining in Rustenburg in Mail & Guardian Apr 2016
Eunomix's latest report on the impact of the platinum companies in the Rustenburg area in South Africa and our analysis on the social investments of
Eunomix interview on BBC: The fall of the Rand (in French) Jan 2016
Eunomix MD Claude Baissac analysed in a BBC interview the reasons behind the historic low of the South African currency - the Rand - and
Eunomix previews study on PGM companies' performance in MineWeb Feb 2016
Eunomix analyst Ryan Blumenow spoke to MineWeb about our study on the role internal factors played in the performance of platinum producers over the last
Eunomix comments on South Africa State of Capture Report in BBC (French) Nov 2016
Eunomix MD Claude Baissac comments on the current debate about the Public Protector's State of Capture report in South Africa.
Eunomix comments on South Africa Finance Minister situation in Fin24 Oct 2016
Eunomix MD Claude Baissac commented on the situation regarding the Finance Minister Pravin Gordhan in Fin24 by alerting to the risks of a potential removal
Eunomix in Financial Mail: Overall restructuring is key for Africa's resource sector Feb 2016
Eunomix MD Claude Baissac is quoted in Financial Mail, stating that the current commodity downturn presents an opportunity to develop the non-mining economies in Africa
Coverage on Eunomix report on platinum mining in Rustenburg, South Africa Apr 2016
Eunomix's report on the contribution of platinum mining to the GDP of the Rustenburg area in South Africa and the impact of platinum mining companies' social
Eunomix in Mining Journal: Action needed to turn SA mining around Jan 2016
Eunomix previewed the 2016 Mining Indaba in an article in Mining Journal, giving an outlook on South Africa's mining sector and commenting on the government's
Coverage on Eunomix's advisory on Senegal's SEZ programme (in French) Nov 2015
Eunomix is providing expertise to the Government of Senegal through UNIDO on a proposed industrial platform programme. Eunomix MD Claude Baissac was quoted in saying,
Eunomix study cited by Daily Maverick article on Zambia Dec 2015
A 2013 Eunomix study has been cited by the Daily Maverick's analysis on Zambia, which calculates that Zambia would have generated mineral rents totalling $65-billion
Eunomix op-ed in Business Day: A guide to escaping the resource curse Oct 2015
Eunomix's MD Claude Baissac writes that South Africa is at great risk of becoming a victim of the resource curse, but there is a narrow
Eunomix in Engineering News: Rethink On Mineral Beneficiation Needed Dec 2015
Eunomix's second Beneficiation Monitor has received coverage in Engineering News. The article highlights that under the current economic climate, characterised by a commodity slump,
Eunomix in MineWeb: Beneficiation? Rather use the creativity of the people Oct 2015
Eunomix Associate Jessica van Onselen and MD Claude Baissac spoke to MineWeb at the 2015 Joburg Indaba about the challenges Africa faces with natural resource-based
BizCommunity examines Eunomix's Zimbabwe study Sep 2015
Eunomix's report on Zimbabwe's beneficiation policy received press coverage in BizCommunity.
Press coverage on benefication research series Sep 2015
Engineering News, July 2015 Business Report, July 2015 Mining Weekly, July 2015
Benefits of mineral beneficiation in Africa Jul 2015
South African-based research firm Eunomix earlier launched its beneficiation research series. Managing Director of Eunomix, Claude Baissac joins CNBC Africa to discuss how mineral beneficiation
Eunomix research launches comprehensive beneficiation research series Jul 2015
JOHANNESBURG, South Africa, July 13th, 2015 - Eunomix Research, the South Africa-based research arm of strategic advisory firm Eunomix, today launched its beneficiation research series.
Is there opportunity in S.Africa's beneficiation policy? Mar 2015
What really is the opportunity cost of South Africa's beneficiation? Our guest says policy uncertainty in South Africa's resources sector has become a defining feature
Eunomix calls for rigour on benefication policy in South Africa Mar 2015
Eunomix calls for rigour on benefication policy in South Africa: the opportunity cost is an unsustainable mining industry and a fractured industrial blueprint for Africa's second
African Commodities Sector In ‘Crisis Mode’ Feb 2015
February 16 – Africa's mining sector faces numerous challenges in the year ahead including falling commodity prices, skills shortages and lack of policy direction in
A crisis of optimism ravages S.Africa’s mining sector Feb 2015
Eunomix's managing director Claude Baissac said the crisis in the mining sector was a creation by the industry. More
African miners feeling the squeeze Feb 2015
Against a background of crashing commodity prices, mining in Africa is facing increasing pressure as governments and investors struggle over distribution of the mineral wealth
Classic Business with Anchor Michael Avery Feb 2015
Classic Business with Anchor Michael Avery brings you closer to the business stories shaping the markets and driving investment decisions daily. From Monday to Friday
The political Connection Nov 2014
Eunomix is a consultancy specialized in de-risking mining and resources investments and projects. In Africa, where the line between social and political obligations is often hazy,
Are the last 10 years a loss for mining in S.Africa? Oct 2014
Anglo American CEO Mark Cutifani told the Joburg Indaba that the last ten years should be regarded as a "lost" decade for the mining industry.
Amendments to the Mineral and Petroleum Resources Development Act will also allow the Mineral Resources Minister to declare some minerals as strategic and force those
NUM vows to continue with platinum sector wage strike Jan 2014
Members of the National Union of Mineworkers have resolved to continue strikes in the platinum sector. This comes after yesterday's CCMA meeting between the union
Nationalisation presents a clear danger to mineral rents Nov 2013
IN THURSDAY's article on this page, titled "Rethink needed to allow 'dirt diggers' to aid the economy", I questioned the South African government's policy of
Rethink needed to allow ‘dirt diggers’ to aid the economy Nov 2013
THE government has vowed to transform the mining industry into the core of national industrialisation and economic growth via the "mineral-energy complex", which is the
Mining in Africa - now is the time for change Jun 2013
Africa's mining industry is leaking billions of pounds from dodgy deals and tax evasion. Change needs to happen now to ensure its commodity wealth translates
Get asset finance and fleet management Oct 2013
Every Friday morning, SAfm's AMLive's radio anchor Xolani Gwala speaks to Martin Creamer, publishing editor of Engineering News and Mining Weekly. Reported here is this
Clarity needed on SA's beneficiation targets Sep 2013
THE beneficiation of South Africa's mineral endowment to a higher value product is currently one of the crucial and comprehensive interventions in the mining industry.
SA tax review a sign investors' fears heard Sep 2013
National Congress (ANC) dropped wholesale nationalisation as a policy at its Mangaung conference last year, its adoption of the State Intervention in the Minerals Sector
Commodity Slump Clouds Outlook for African Policy Makers May 2013
Sliding prices for the commodities that have underpinned Africa's expansion for more than a decade are threatening to check economic progress in the world's poorest
We love to think SA is sliding towards the precipice Apr 2013
IT'S AN old joke that gentiles leave without saying goodbye and that Jews say goodbye but never leave. More
DA’s new election campaign flagrant, outrageous Apr 2013
THE Democratic Alliance's (DA's) proposed new election campaign suggesting that the African National Congress (ANC) is the natural successor of the old National Party (NP)
Africa and the perils of poor resource rents Apr 2013
More
Mine nationalisation lost Zambia $45bn, Eunomix study finds Mar 2013
Copper-endowed Zambia lost $45-billion in mining rents by nationalising its mines, an amount considerably greater than the foreign aid it received in those years, Eunomix
State intervention risking return of 70s-type resource sterilisation Mar 2013
Current African policies intended to capture a greater share of the resource rent through increased State intervention run the risk of bringing back the resource
Perceptions of mining investment in SA post Mining Indaba 2013: Claude Baissac - economist, Eunomix Feb 2013
HILTON TARRANT: We've seen some strong views from executives at the Mining Indaba over the past 24 hours. Randgold Resources boss Mark Bristow rather bluntly
Solving the problems facing the platinum mining sector: Claude Baissac - economist, Eunomix Jan 2013
HILTON TARRANT: Well, a chaotic and tense fallout following the restructuring announcement by Anglo American Platinum on Tuesday. Government, through Minister of Mineral Resources, Susan
“Big economic, jobs benefits possible from enhanced mining-manufacturing interface” Aug 2013
An enhanced interface between mining and manufacturing could have major economic and employment spin-offs for South Africa and Africa, separate research by the Industrial Development
“Read this short analysis of South Africa’s mining crisis in the August issue of Mining Journal” Aug 2013
South Africa is Africa's mining giant. In 2010, the country's mineral rent stood at an impressive US$16.6 billion in the dollar value of the year 2000. More
CoM confident AMCU won't derail peace train Jul 2013
THE Association of Mineworkers & Construction Union (AMCU) has brought new-found momentum in restoring peace and stability on South Africa's mines to a standstill after
Business outlines its views on Mangaung Dec 2012
As the ANC gathers for its elective conference, business outlines its views on what needs to be achieved. More
Why platinum isn't a contrarian play just yet Nov 2012
As the biggest producer in South Africa, the fortunes of Anglo American Platinum and the sector more generally are inextricably linked. Its large portfolio of
SA mining post Marikana - Claude Baissac Nov 2012
The Russian firm said it will also double annual coal output to between 25 and 30m tonnes over the same time frame and look to
South African Job Losses Mount as Strikes Prompt GDP Cut Oct 2012
The most violent mining strikes in South Africa since the end of apartheid are hobbling an economy that's faced with a 25 percent jobless rate
Leaders bury heads in the sand as SA burns Oct 2012
UNTIL Thursday, when it seemed to awake, government's deafening silence on the wave of illegal strikes crippling the vital mining industry is adding to growing
Platinum industry on brink, Chatham House Rule meeting hears Sep 2012
Fifty per cent of South Africa's increasingly fragile platinum-mining industry was loss making under current prices, a Chatham House Rule roundtable has been told. More
South African Mine Mayhem Helps Malema Stage Political Comeback Sep 2012
Julius Malema, the youth leader who was thrown out of South Africa's ruling party for sowing discord, is using the most deadly mine violence since
It's not all our fault, say miners Sep 2012
Mining companies don't deny there are serious social problems around Rustenburg, but Impala Platinum CEO Terence Goodlace points out: "We cannot do everything for everybody.
Probe Set for Mine Clashes Aug 2012
As mine workers' families honored their dead Thursday, South African President Jacob Zuma attempted to direct investigators' focus primarily toward platinum miner Lonmin PLC as
Some Lonmin miners return to work Aug 2012
ALEC HOGG: Lonmin – it is now a week of national mourning in our country. The rock-drill operators who were at the centre of this,
Investment climate and policy in SA is going in the wrong direction Aug 2012
South Africa's corporate borrowing costs are climbing on concern the deadliest mine violence since the end of apartheid will deter investors just as some mining
Insight: Workers to warriors - union war batters South Africa mines Aug 2012
South Africa's platinum promise of prosperity has turned into a heap of broken dreams for Vusimuzi Mathosi, one of 2,000 workers laid off by Aquarius
Commodity exchanges proposed to stabilise struggling platinum, ferrochrome sectors Jun 2012
Commodity exchanges should be established for the metals and minerals that South Africa supplies from a dominant global position. More
To whose mining tune will ANC policy conference dance? Jun 2012
The ultimate outcome of South African mining industry policy could be decided next week when the National Policy Conference of the ruling African National Congress
Policy shifts Jun 2012
The ANC policy conference guarantees that the debate among the more than 3000 delegates will be filled with revolutionary rhetoric, but no significant policy shifts
SA mining industry is a sunset proposition, expert says Jun 2012
In an opinion piece on Sowetan Live, Claude Baissac - director of London-based risk-investment climate consultancy Eunomix, says that the South African mining sector, which
Govt, business, labour combine to aid platinum sector Jun 2012
Government, business and organised labour have joined forces to aid South Africa's beleaguered platinum industry, which is beset by low prices, high costs and serious
The closure of platinum mines: a clarion call for a new mining deal Jun 2012
Growing mine closures are the expression of the existential threat to an industry confronted with a persistent global economic downturn, relentless cost inflation and unceasing
Govt assigns team to work on platinum's woes Jun 2012
THE slowdown in the global commodities boom had hit SA just before the ruling African National Congress (ANC) was due to debate a mining policy
Mali blindsides Randgold Mar 2012
IT TAKES a lot to knock the likes of Mark Bristow, CEO of Randgold Resources, off his stride, but the coup d'etat in Mali –
Engineering News and Mining Weekly Nov 2012
Gwala: South Africa is being urged to deploy its strong private sector to rid the country of the 'evil triplets' of poverty, unemployment and inequality.
ANC’s shunning of South Africa’s private sector a 'huge mistake' Nov 2012
Mining risk management company Eunomix, which is on the cusp of publishing a crucial study on African economic advancement through resource development, warns that South
Podcast: Classic Business on Classic FM Sep 2012
In this edition of Classic Government as part of Classic Business for a one-hour special, Anchor Glenn Lewington facilitated the first discussion on the topic
Claude Baissac from Eunomix discusses the ANC's mining policies Jul 2012
Interview with Claude Baissacfrom Eunomix. More
Eunomix™ and Eunomix Research™ are registered trademarks of Eunomix Business & Economics Ltd™, trading as Eunomix™. The logos, content and intellectual property on this website have been copyrighted and may not be reproduced, in whole or in part, without the written consent of Eunomix Business & Economics Ltd™.
Eunomix Business & Economics Ltd™ is incorporated in Mauritius, and Eunomix Research™ is incorporated in South Africa.
These things my spirit bids me
teach the men of Athens:
that Dysnomia
brings countless evils for the city,
but Eunomia brings order
and makes everything proper,
by enfolding the unjust in fetters,
smoothing those things that are rough,
stopping greed,
sentencing hubris to obscurity
making the flowers of mischief to whither,
and straightening crooked judgments.
It calms the deeds of arrogance
and stops the bilious anger of harsh strife.
Under its control, all things are proper
and prudence reigns human affairs
Thus wrote the Athenian statesman Solon, philosopher and poet in the 6th century BC, of Eunomia, daughter of Zeus, who in dreams would appear to the rulers of the city-state and inspire them to legislate and rule justly and competently.
Eunomia, it seems to us, represents the ideal metaphor of the proper management of human affairs, and has inspired the name EunomixTM.