Home News Markets Page 215

Markets

Gordhan to lead tax, royalties review: Zuma

0
South African president, Jacob Zuma, said in his State of the Nation address that a review of the country's tax regime would begin this year, including mining royalties.

Glencore mulling JSE listing: report

0
Glencore may consider a listing in Johannesburg owing to the importance of South African assets once it had merged with Xstrata, said Bloomberg News

Miners to boldly go for asteroid metals

0
Mining technology is now extending to space where thousands of tiny asteroids are thought to contain methane and base metals.

BHP Billiton to spend $1bn in SA projects

0
Chairman of BHP Billiton SA Xolani Mkhwanazi said the remained committed to SA and planned to spend $1bn in capital expenditure this year.

IDC remains flywheel in SA industrialisation

0
The Industrial Development Corporation is central to government's mining and industrialisation policies, but how this will be structure remains conjectural.

Zuma likens mine restructuring to blackmail

0
Jacob Zuma, South African president, said mine restructuring was almost like blackmail and said low wages had "led us into trouble".

Exxaro boss admonishes SA government

0
Sipho Nkosi, CEO of Exxaro Resources, has urged government to take a mature approach to foreign investment but still reckons South Africa is attractive.

Motsepe to donate personal wealth

0
Patrice Motsepe, chairman of African Rainbow Minerals, is to donate hundreds of millions of rands to charitable organisations.

Anglo joins litany of billion dollar write-downs

0
It's been a grim time for the diversified mining firms: as billions of dollars have been written-off in investments and projects. Here's a sample of the worst.

Godongwana rules out MPRDA compromise

0
The ANC's Enoch Godongwana doubted the mining industry had room for manouevre regarding proposed amendments to the country's minerals legislation.