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De Beers records first production from new South African underground mine - Vimarsana News

De Beers records first production from new South African underground mine

A rare, almost seismic, event just occurred in the SA mining industry – the first production has been delivered from a new mine built by an old company.

SA mining output declines in May while Mantashe punts problematic law - Vimarsana News

SA mining output declines in May while Mantashe punts problematic law

Data on Thursday showed that output in South Africa’s mining sector resumed its decline after a brief bump in April. Meanwhile, Minerals and Energy Minister Gwede Mantashe was punting the Mineral and Petroleum Resources Development Act of 2002 which is seen by many observers as a key reason for...

Mining's inability to absorb youth raises questions about sustainability - Vimarsana News

Mining's inability to absorb youth raises questions about sustainability

High youth unemployment, combined with a national skills shortage and the fact that just over a third of the population is between 15 and 35 years old, means that South Africa – already contending with poor economic growth and civil unrest – is barrelling towards an untenable situation. Government has recognised the looming societal threat and sought to address it through various initiatives such as the private–public collaboration the Youth Employment Service, the Presidential Youth Employment Initiative and Operation Vulindlela, all looking to create employment opportunitie...

SA steps up measures against price fixing - Vimarsana News

SA steps up measures against price fixing

Pretoria – Businesses in South Africa have been warned against colluding to fix prices, tenders or markets, as the provisions of the Competition Amendment Act come into effect.

Afrimat : Audited summary consolidated financial statements for the year ended 28 February 2023 - Vimarsana News

Afrimat : Audited summary consolidated financial statements for the year ended 28 February 2023

CONSISTENTLY DELIVERING 2023 AUDITED SUMMARY CONSOLIDATED FINANCIAL STATEMENTS ... | June 11, 2023