Tuesday, June 19, 2018

Bridgette Radebe, president of Samda, has told the Coaltrans conference that industry should "embrace the debate" of nationalisation rather than decry it.

The Youth League’s proposal to nationalise SA's mines is wrongly based on the idea that the sector is coining money; money that will be better put to use by government.

The National Union of Mineworkers would prefer not to strike, despite issuing an ultimatum, as calling on members will show it is now a weak organisation.

January 23 marks the first day of a 70,000-strong platinum industry strike that will prove grievous for workers the longer it continues.

The decision not to investment in Mozambique, and even the move to prolong discussions on the Amplats restructuring suggest typical Mark Cutifani conservatism.

Right now the two top platinum shares, Anglo American Platinum and Impala, are trading at bargain basement prices. Which one should you buy?

Company valuations, shafts and blue collar workers will not be the only casualties in the scramble to keep platinum mines afloat.

David McKay looks at changes to the controversial empowerment guidelines in the mining industry and how the liquidation of Pamodzi could have been avoided.

The $3bn write-down of Rio Tinto Coal Mozambique suggests the country's aim of 100 million tonnes a year of coking coal exports is hopeful.

History will repeat itself in 2013 when employers take a long, hard look at costs and decide less staff is the only means of survival.