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Shabangu in charm offensive

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Mines Minister Susan Shabangu is putting a lot of faith in upcoming new legislation to cure the country’s mining ills. She also says she’s not losing sleep over nationalisation.

Australia passes landmark carbon tax laws

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Australia's parliament has passed laws that impose a price on carbon emissions in one of the biggest economic reforms in a decade.

Shabangu woos China

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Mineral Resources Minister Susan Shabangu has assured potential Chinese investors that South Africa offers a competitive mining sector.

ANC wraps up Malema hearing, to rule this week

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The African National Congress will announce its decision this week on disciplinary charges against its youth leader, Julius Malema, says a senior official.

Pleming to help launch global fund

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David Pleming, who carved a name for himself dominating the investment analyst rankings, is to help launch a US-domiciled hedge fund.

Curtain down on Xstrata coal strike

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Xstrata will receive empowerment credits if it distributes its planned ESOP evenly across all work levels in terms of a strike settlement brokered by government.

Anglo, MPs in face-off over BEE targets

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Anglo American’s Godrey Gomwe has told parliament the group has already reached a black ownership target of 26%, and that figures suggesting otherwise were calculated incorrectly.

CoM makes strong case against carbon tax

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The Chamber of Mines has fired the first salvo at its annual general meeting on the next debate that will dominate SA’s mining sector.

SA needs growth, not nationalisation says Godsell

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SA needs to double the size of its economy within 20 years to deal with current social and economic inequalities, says Business Leadership SA chair Bobby Godsell.

Talks continue between Xtrata and Num

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The National Union of Mineworkers and Xstrata will continue their engagement to find an amicable solution to a proposed Employee Share Ownership Programme (Esop).