Markets

Miners urged to improve security as terrorism risks rise in West...

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A DETERIORATION in security in West Africa should lead to "... a more securitised approach to mining operations" in the region, said the Australia-Africa...

Court deals fatal blow to expropriation claims

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The state’s right to award mining licences was not expropriation, said the Supreme Court of Appeal, upholding the legal basis on which the 2004 MPRDA is written.

SA mining faces 15% production knock in 2020 as it prepares...

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SOUTH Africa's mining sector could suffer direct production losses of 8% of annual output as a result of the 21-day lockdown due to start...

Rand seen below R8/$ by end-2012

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The rand is expected to firm to R7.825/$ in 12 months, a Reuters poll shows, but that is dependent on a solution to Europe's debt crisis and a pickup in global growth.

Transnet R4.4bn debt rollover only raises prospect of state bailout

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SOUTH Africa's Public Investment Corporation (PIC) rolled over R4.4bn in debt owed by the country's state-owned rail and ports firm Transnet, said News24. However, the...

SA High Court sanctions R5bn trust aimed at compensating silicosis sufferers

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FORMER mineworkers claiming to have contracted silicosis are a step closer to receiving financial compensation after the Johannesburg High Court approved a R5bn settlement...

Cutifani warns against MPRDA adjustments

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Mark Cutifani, CEO of Anglo American, said development pricing and changing BEE targets would be adding a layer of risk international investors will not accept.

Wage talks for gold sector to resume

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The National Union of Mineworkers will continue wage negotiations with the Chamber of Mines' gold producers to prevent a possible strike, the union says.

SA’s underground mining embarks on extraordinary game of cat and mouse...

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THE recent closures of AngloGold Ashanti's Mponeng mine and Marula, the platinum mine controlled by Impala Platinum (Implats), following clusters of COVID-19 disease detection might...

SA firm plans $300m pig iron project

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South Africa Metals Equity plans a new plant which may produce about 500 000 tonnes per annum of pig iron.