NEMA to give firms impetus, say attorneys
The mining charter audit showed miners also failed sustainability targets, but attorneys think that the newly promulgated NEMA can help the sector.
NUM weighs mass action against charter ‘travesty’
The National Union of Mineworkers said it may protest against the declaratory order judging certain outcomes of the mining charter.
DRDGold BEE practical, but not a precedent
Niel Pretorius, CEO of DRDGold, said the government's approval of the firm's BEE transaction at Ergo was a practical outcome, but it did not set a precedent.
Radebe’s Mmakau battling TCSA forteiture
Mmakau Mining has much to lose if it doesn't extract a good deal out of Exxaro Resources' R4.9bn bid for Total Coal South Africa.
Mugabe says indigenisation is ‘generous’
Zimbabwe president, Robert Mugabe, said in a state visit to South Africa the 49% allowed to foreign miners in terms of his indigenisation policy was "generous".
Holland defends gold reserves assumption
Gold Fields CEO, Nick Holland, insists a $1,500 per ounce assumption for calculating the group's gold resources is sensible.
Eskom woes may clip Sunbird’s wings
Getting a decision out of Eskom was acknowledged to be problematic by Sunbird Energy ahead of the firm's R10bn to R20bn offshore gas project.
Timeless De Beers buys priceless time for Anglo
De Beers may sell timeless love in a jewell but it's providing priceless time to Anglo American which continues to wade through its divestment strategy.
Boje throws weight behind Wescoal
Coal junior Wescoal Holdings was "a fundamentally sound" company, said the firm's outgoing CEO of 18 years, Andre Boje.
Mining charter ‘silent’ on crucial ownership issue
Attorneys acknowledged the sense of taking the ownership dispute in the mining charter to court, but they said it was hard to call which way it would go.