RBPlat’s Phiri delivers Govt social plan poser
Steve Phiri uses the firm's annual report to pose a subtle question about where private sector social responsibility ends and that of government begins.
Alienating Anglo, BHP compounds Eskom coal cliff
Anglo American and BHP Billiton have given up on the South African domestic coal industry, events that don't make it easier for Eskom to source new coal.
What happened to the ‘spirit of the mining charter’?
In the first years of the mining charter it was common for business and government to speak collaboratively of 'the spirit of the charter'. Those days are long gone.
300-day licence procedure quizzed by attorneys
Attorneys were unsure the Department of Mineral Resources could commit itself to a new, streamlined 300-day mining and prospecting licence application process.
Ideology trumps business sense at Eskom
Eskom would have been sliced and diced years ago were it a privately-held business; instead, ideology has driven it to its current crisis.
Referral not an ‘open sesame’ for MPRDA change
Amendments to South Africa's mining law may have been sent back to Parliament but that doesn't mean the entire process will now be unpicked.
Mwana defends against takeover by stealth
The activities of shareholders on Mwana Africa looks like a possible takeover by stealth after their initial investment halved.
Eskom debt trap calls for national rescue
The South African government's bail-out of Eskom comes in the nick of time as the power utility battles a critical debt trap.
Anglo recovery linked to Carroll era calls
De Beers and Minas Rio are providing early impetus to Anglo American's attempts at recovery. Interestingly, they were both the judgements of Cynthia Carroll.
Amplats may write-down mines before sales
Anglo American Platinum may have to accept a write down of its Rustenburg and Union mines in order to sell the assets, or hang in long enough for price recovery.