Rest of Africa laps up investment
Asia is pouring billions of dollars into the rest of Africa, whereas it’s becoming
hard to name a new investment by a foreign company of any significant size in
SA.
SA dealt coup de grace to Anglo’s Carroll
Across many metrics, Cynthia Carroll’s Anglo was as competitive as any of its peer
group, except for South Africa, the itch that couldn’t be scratched.
Eskom’s R284bn coal spend is thin end of wedge
Eskom is paying a decent average price for coal in terms of its proposed tariff
application to Nersa, but is it enough to attract capital into the new mines it needs?
Forbes reshuffle reflects shareholder concerns
Forbes Coal lessened the influence of its own executives on its Board and increased
that of shareholder, Resource Capital Fund.
Promising signs of normality
The theory in the mining industry is that halfway through the second month of a no-
work, no-pay regime, the economic reality of illegal industrial action begins to bite.
Chrometco hopes to transform fortunes
Can Chrometco change its fortunes by moving into platinum group metals, an
industry in flux? A proposed deal with Nkwe Platinum might do it.
Lonmin, Holgoun deal is in bad faith
Lonmin and Holgoun Group have brought the curtain down on another prospecting
rights affair that makes South Africa’s mining sector appear replete with cynicism,
opportunism and bad faith.
Gold wage offer to test NUM’s potency
The National Union of Mineworkers will be desperate to regain some lost credibility
when it presents the Chamber of Mines’ new wage offer to striking workers in the
gold sector.
Gold regains its allure
On the evidence of renewed enthusiasm for gold-backed exchange-traded products,
the fortunes of the yellow metal appear to be improving again.
NUM at the mercy of mining bosses
The National Union of Mineworkers is desperately seeking for concessions from
employers to recover some of its lost prestige among workers.