Court deals fatal blow to expropriation claims
The state’s right to award mining licences was not expropriation, said the
Supreme Court of Appeal, upholding the legal basis on which the 2004 MPRDA
is written.
Chamber in talks with junior miners
The Chamber of Mines has held the first of a series of meetings with junior
mining companies in order to bring about co-operation between the two
groups.
New MPRDA ‘won’t spring surprises’
Mines Minister Susan Shabangu says the review of the Mineral and Petroleum Resources Act will not seek to introduce any major policy shifts.
Softening in Section 54 onslaught
Government’s mine safety crackdown appears to have been softened since a
task-team comprising the Department of Mineral Resources, unions and
industry met last month.
SepFluor in R2.1bn finance drive
SepFluor has embarked on a fundraising drive to finance the development of its proposed R2.1bn mine and beneficiation plant outside Bronkhorstspruit.
Anglo American, Codelco agree to ceasefire
Still, the suspension of legal proceedings between Anglo American and Chile’s Codelco over a disputed stake in Anglo American Sur shouldn’t be viewed that the parties are close to a resolution.
Law firm raises concern over rights auction
Legal firm Webber Wentzel says it is concerned about the Department of Mineral
Resources’ proposed auction of lapsed or revoked rights.
Caterpillar banks on Chinese metamorphosis
Miners may be talking about throttling back capital expenditure amid global economic growth fears, but one of the more sensitive players to upstream tremors is staying optimistic.
Former Sasol CEO appointed to BHP board
Former Sasol CEO Pat Davies has been appointed as non-executive director to the board of BHP Billiton.
Lapsed rights auction scheduled for June
The first round of bidding for lapsed or revoked mining rights will take place before the end of June, says Minister of Mineral Resources Susan Shabangu.