Page 19 - Mining Weekly News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The telecommunications sector is expected to be the fastest-growing industry in Africa over the next five years as Internet connectivity improves – a positive development since growth in telecommunications spurs growth in other sectors. South Africa, therefore, must facilitate digital infrastructure development, and “stop writing policies and strategies for 2050” until it can execute on the strategies already in place for the period up to 2025, Inclusive Society Institute’s (ISA’s) ‘Rejuvenating South Africa’s Economy – An ICT sector perspective&...

Platinum group metals company Wesizwe Platinum has confirmed to shareholders that it will start commissioning of the Bakubung Platinum Mine (BPM) processing plant on May 31. Production at BPM is expected to start as soon as possible after the plant's commissioning has been completed.

South Africa’s Johannesburg Stock Exchange (JSE) is going all out to attract junior mining and exploration companies, making it easier for companies to get on to the exchange and to remain on the exchange, while ensuring that investor protections are of the highest calibre. In the last few years, the JSE has also made it progressively easier for secondary listings and the fast-tracking of inward listings.

JSE-listed Northam Platinum Holdings has received notification from London-based investment company BlackRock advising that it has acquired a beneficial interest in the securities of Northam, such that BlackRock now holds a beneficial interest of 5.04% in the company’s total issued share capital. The company has filed the relevant notification with the Takeover Regulation Panel.

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.