Law firm warns over ending of investment treaties
The termination of bilateral investment treaties with EU member states may have a
negative impact on already-fragile investor confidence in SA’s mining sector, says
law firm Webber Wentzel.
Marikana a ‘lens’ for future mining policy
Marikana has become a milestone event that will shape South Africa’s policy
approach on mining, says senior ANC official Enoch Godongwana.
Fortunes may change for Anglo American
Platinum woes aside, the market is recognising Anglo American CEO Cynthia Carroll’s
efforts to get some of the company’s monkeys off its back.
ANC mining policy resolution published
The ANC has published its resolution on nationalisation of the mining sector. which
was a contentious subject at the party’s policy conference in June.
NUM sends ‘SOS’ over imminent strikes
The increases achieved by striking workers at Lonmin have ignited the fuse at many
of the country’s other mines, says the National Union of Mineworkers.
Malema frog-marched as settlement hopes grow
Julius Malema is frog-marched from Marikana where he hoped to address about
2,000 striking Lonmin workers on a day when the prospect of a wage settlement
flickered encouragingly.
Num proposes its own peace strategy
The entire mining sector has to abandon existing wage agreements and start an
expanded round of central bargaining negotiations, according to the National Union of
Mineworkers.
Gordhan lays out cost of mine violence
Minister of Finance Pravin Gordhan has spelled out the economic ramifications of the
ongoing labour crisis facing the country’s mining sector as the government vows to
step up action.
Gold shares surge 4% on JSE, platinums follow
Gold and platinum shares shrugged off the blues on Friday as the metal prices for
both gained further traction, although for quite different reasons.
Shabangu says miners were “caught napping’
Mines Minister Susan Shabangu says mining companies were caught napping by the
wildcat strikes and promises to apply terms of the updated mining charter in tougher
terms.