Mining Charter wins cautious welcome from analysts, lawyers though questions remain
SOUTH African mines minister Gwede Mantashe's compromise Mining Charter, gazetted on September 27, has been viewed positively by analysts and lawyers.
In the view of one...
DMR drops dividend in “final” Mining Charter, but asks miners to...
SOUTH Africa's Department of Mineral Resources (DMR) dropped a previously drafted 1% trickle-down dividend for new mining right applications in its Cabinet-approved Mining Charter, but...
Glencore extends buy-back programme $1bn despite September share revival
GLENCORE has extended its share buy-back programme by another $1bn despite a 15% revival in its share price since the middle of September.
The UK-listed...
Ramaphosa declares Mining Charter will “clear the decks” on policy uncertainty
SOUTH African president, Cyril Ramaphosa, said the country had "cleared the decks" in terms of policy uncertainty and declared that the redrafted Mining Charter would...
Extent of concessions in Mining Charter due for public release next...
THE Mining Charter adopted by South Africa's Cabinet on September 19 makes important concessions to the country's mining sector, but the fine details - which...
South Africa’s cabinet said to have accepted Mining Charter redraft
SOUTH Africa's cabinet has approved the latest redraft of the Mining Charter with the document due to be gazetted in Parliament as early as...
South32 forecast to generate $3bn in free cash flow from 2020
SOUTH32 has established itself in the global diversified mining resources market as a stock high on investor returns and low on risky merger and...
Mantashe guilty of wishful thinking if Govt is to buy distressed...
IMPALA Platinum CEO, Nico Muller, hastened to clarify at a company press meeting on September 13 that when he said unprofitable Rustenburg shafts could...
DMR confirms Mining Charter to be handed to Cabinet next week
SOUTH Africa's Department of Mineral Resources (DMR) confirmed it expected to complete a redraft of the Mining Charter, a Cabinet review on September 19...
SA miners ignore the proposed Carbon Tax at their peril, warns...
THE South African mining industry cannot continue to "... stick its head in the sand" about a proposed tax on carbon emissions because there...