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July 5, 2021
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June 26, 2021
Trading With Diamond And Precious Metals In South Africa South African issues licenses and permits to deal with Diamonds and Precious Metals through the South African Diamond and Precious Metals Regulator (SADPMR) By: Diamond World News Service | | Reference: 25679 The SADPMR issues diamond licenses and permits such as Diamond Deale...
June 14, 2021
By Joe Keenan* Like the mining companies they service, mine suppliers and technology providers should be looking beyond the customer demands of today to remain relevant to the investors of tomorrow. The world has become rapidly alive to the threats posed by climate change, and mining companies a ...
June 3, 2021
There are significant power differences between groups in the South African mining industry, not least between mining and exploration companies and those overseeing the industry from a political and regulatory standpoint. The truth is that the industry as a whole remains beholden to politicians...
June 3, 2021
There are significant power differences between groups in the South African mining industry, not least between mining and exploration companies and those overseeing the industry from a political and regulatory standpoint. The truth is that the industry as a whole remains beholden to politicians and government officials who have the power to act at will, without any effective checks and balances within mining’s regulatory regime, other than...
May 27, 2021
Getty Images Mineral Resources and Energy Minister Gwede Mantashe says government believes that the mining sector can contribute 12% or more to the GDP. The sector now contributes 8.2% to the GDP from a high of 21% in the 1980s. Tabling the countrys new exploration strategy, pushing ahead with transformation and investing in research, are some of the interventions aimed at improving mining production. Mineral Resources and Energy Minister Gwede Mantashe says the government believes mining ca...
May 16, 2021
Neal Froneman, CEO of diversified precious metals producer Sibanye-Stillwater, has had public spats with minerals and energy minister Gwede Mantashe. Both are renowned for their bluntness, and they have rankled each other in the past. But the two remain on speaking terms.
May 9, 2021
Daily Maverick 168 weekly newspaper. After four days of hearings this past week, judgment in the judicial review of the Mining Charter’s third version was reserved. Mining companies and the government remain at loggerheads over the vexed issue of “Once empowered, always empowered” – an impasse that is seen as a key deterrent to investment. It remains unresolved for now. The mining industry argues that once a company has met the threshold for black ownership of 26% as laid out in previou...
May 4, 2021
MONEYWEB app instead? Transaction likely to influence its planned R750m rights issue decision. 00:01 The net proceeds of about R500m will be used to degear PPCâs SA balance sheet. Image: Moneyweb JSE-listed cement and lime producer PPC has made further significant progress with its capital restructuring by reaching an agreement to sell its wholly-owned lime business to investor consortium Kgatelopele Lime for R515 million. In terms of the agreement, the rights, benefits and advantage...
May 4, 2021
Roy Cokayne The divestment forms part of PPC’s ongoing capital restructuring, and the effective net proceeds of about R500 million will be used to degear the cement producers SA balance sheet. PPC truck. JSE-listed cement and lime producer PPC has made further significant progress with its capital restructuring by reaching an agreement to sell its wholly-owne...