Rail may be split from Transnet: report
The rail operations of state-owned freight logistics group Transnet may be split into a separate firm, reports Business Day.
MPs seek clarity on BEE milestones
Parliament has asked the Chamber of Mines to explain how the industry’s assessment of BEE compliance differs so vastly from government’s conclusions.
Zimbabwe policy scares investors: PM
Zimbabwe is hurting investor confidence and stalling recovery by promoting a law to force the transfer of foreign-owned firms to local ownership says , Prime Minister Morgan Tsvangirai.
Shabangu to address Mining Indaba
Mineral Resources Minister Susan Shabangu will welcome delegates to the Mining Indaba, the industry’s premier event.
BHP gets go-ahead for Olympic Dam expansion
BHP Billiton has moved a step closer towards an estimated $20bn to $30bn expansion of its Olympic Dam copper and uranium mine.
Anglo shareholders toe the line, largely.
Some Anglo American shareholders have spoken their minds over a variety of
issues at the company’s annual general meeting, most notably regarding the
dispute with Chile’s Codelco.
BHP posts record profit, boosts dividend
BHP Billiton has delivered a record second-half profit, driven largely by soaring prices for iron ore, allowing it to award investors a big hike in dividends.
More delays to mining law revision
A member of parliament’s portfolio committee on mineral resources has poured
cold water on expectations that the long-anticipated revision of SA’s mining
legislation will be finalised by year-end.
Resource rent proposal deters foreign funds
A proposal to install a resource rent tax and make the state owned mining company
more prominent in industry affairs is driving foreign funds from South Africa's
shores.
Num proposes its own peace strategy
The entire mining sector has to abandon existing wage agreements and start an
expanded round of central bargaining negotiations, according to the National Union of
Mineworkers.