Mining charter to toll 1% revenue ‘tax’ for communities
ONE new aspect of the mining charter, due to be published in Parliament next month, is a 1% levy on revenue over two years...
SA mining charter talks “flawed” and “limited”: Chamber of Mines
DISCUSSIONS regarding a fresh version of South Africa's mining charter were "flawed" and failed to absorb industry concerns, said Roger Baxter, CEO of the...
Download the Labour Court judgement regarding AngloGold
SOUTH Africa's Labour Court handed down an important decision last month when it granted AngloGold Ashanti an interdict of a Section 54 work stoppage...
Anglo, South32, Glencore in earnings lift as coal maintains run
WHAT a difference $10 can make; especially in the case of South Africa’s listed diversified mining companies with exposure to coal such as South32,...
A year on, Glencore emerges undiminished by asset sales
THE sale by Glencore of its GRail coal haulage facilities in Australia for some $870m sees the Swiss-headquartered group lower net debt by $5.4bn...
SA miners want “urgent intervention” to restore DMR integrity
THE Chamber of Mines has called for "urgent intervention" to restore the integrity of the Department of Mineral Resources (DMR) which was implicated in...
MPRDA nudged to upper house with constitutionality untested
AMENDMENTS to South Africa's Minerals & Petroleum Resources Development Act (MPRDA), which have been sitting in the country's parliament for nearly two years, will...
SA’s mining bosses defend multi-million rand pay cheques
AN audience poll at the Joburg Indaba conference earlier this month found that 53.4% of those who attended – around several hundred – thought...
Build, buy or return: what will global miners do with their...
THE unexpected upturn in commodity prices this year has provided a "short-term window of opportunity of about six to nine months" to the global...
South32 grows cash to $551m in September quarter
SOUTH32 took net cash to more than half a billion dollars following another quarter of strong cash generation as well as registering improvements in...