Home News Page 839

News

SA miners panned for R3.4bn transfer pricing

0
The South African mining industry was guilty of allowing R3.4bn to be lost from the country's coffers in so-called transfer pricing.

Davies confirms BEE ownership volte-face

0
Rob Davies, trade and industry minister, said he erred in saying ESOPS and broad-based community empowerment would not count towards BEE ownership.

Gold Fields to call Darlot future by 2016

0
Nick Holland, CEO of Gold Fields, said the company would decide whether to mine deeper at its Yilgarn South asset or close the operation by 2016.

Kerr calls for policy certainty as South32 debuts

0
Graham Kerr, CEO of South32, called for "policy certainty" in South Africa just as the mining sector's relationship with government plumbs an all-time low.

The Chamber of Mines fights back

0
The Chamber of Mines is furious over Mines Minister Ngoaka Ramathlodi's decision to renege on a key agreement and it's not clear why he did it.

Investor presentations light Wescoal’s fire

0
The Wescoal share price has jumped following investor presentations which targeted analysts and fund managers but not financial media.

What coal crisis asks Eskom’s Brian Molefe

0
Briefing media in parliament today Eskom acting CEO Brian Molefe said Eskom would not deviate from its controversial BEE coal procurement policy.

The DMR and Chamber of Mines square off

0
The so-called "spirit of co-operation and understanding" between government and the South African mining industry has been shown to be a hollow claim.

SA’s platinum industry to be reshaped

0
JP Morgan Cazenove reckons big changes are about to take place in SA's embattled platinum sector with Lonmin in particular facing tough decisions.

State Diamond Trader under attack

0
The State Diamond Trader is fundamentally flawed and its operating model should be reviewed or the entity abolished according the Democratic Alliance.