NPC urges caution on power carbon tax
It will make sense to introduce an economy-wide carbon tax - coupled with some conditional exemptions - says the National Planning Commission.
State intervention study complete
A study that took in state intervention in the mining economies of countries Venezuela, Malaysia, China and Zambia has been handed to the ANC's policy committee, a newspaper reported.
Beneficiation ‘no jobs panacea’
Beneficiation is not the solution to end all problems as far as job creation in the mining industry is concerned, says the National Planning Commission.
Nationalisation dead in water: Godsell
Bobby Godsell, speaking in Toronto, said nationalisation could not be afforded and required changing South Africa's Bill of Rights.
Zambia to double copper royalties
Zambia is to take royalties on copper to 6% and will also increase precious metal royalties as Michael Sata's new government unveils an expansive budget aimed at growth and development.
SA economy needs coal policy: Manuel
Trevor Manuel, chairman of the National Planning Commission, has urged development of a coal policy to help speed SA's economy, and said the mineral would remain central to the country's growth.
Cabinet approves beneficiation guidelines
Cabinet has approved implementation plans for the minerals beneficiation strategy, says government spokesman Jimmy Manyi.
Gold Fields delivers record earnings
Gold Fields has reported record earnings for the September quarter, but the numbers were boosted by greater attributable gold production from West Africa following the take-out of minorities.
Anglo snubs Codelco in $5.4bn Chilean deal
UPDATED: Anglo American has sold a 24.5% share of its Chilean operations in a bid to
negate the eventuality of that country’s state-owned Codelco taking a significant
stake in those assets.
Optimum secures R2.2bn in credit
Optimum Coal Holdings said it had secured a R2.2bn revolving credit facility for "potential acquisitions" with Rand Merchant Bank.