BHP begins hunt for Kloppers succession
BHP Billiton is reported by the Financial Times to be starting early in efforts to find a
successor for its CEO, Marius Kloppers.
Marikana tragedy dubbed a “massive policy failure”
Lonmin’s Marikana tragedy has been described by prominent mining industry players
as a massive failure in national and local government policy, as well as corporate
failings.
SA’s mining permit slippages widen in 2012
It’s taking longer to process mining and prospecting permits in South Africa with
more deadline slippages occuring in 2012 than in 2011.
Congo mining code revision not retroactive
A proposed revision of the Democratic Republic of Congo’s mining code, which could
see Government take a 35% stake in projects, would not be applied to existing
mining projects.
SA mine trouble to linger as tension bubbles
Some strikes have been resolved; many continue. What is certain, however, is that
the labour discontent of 2012 is set to be a long-standing feature of the industry.
Anglo needs more SA managers: Gordhan
Pravin Gordhan, South Africa’s finance minister, says Anglo American has an
"umbilical cord' to the country and ought to draw more of its executive from South
Africa.
Congo plans 35% mines grab
The Democratic Republic of Congo is to consider proposals that would see a radical
change in its mining code as it seeks to lift the mining industry’s contribution to the
country’s economy to 25% by 2016.
Transnet in R100bn public, private capital effort
Transnet, the state-owned transport and logistics utility, said its R300bn capital
expenditure programme could be extended by at least R100bn if it could persuade
the private sector to invest.
BHP Billiton to raise coking coal output by 50%
BHP Billiton expects its coking coal production capacity to reach 66 million
tonnes a year in 2014, up 50% from 2012, reports news wire service Reuters.
SA shareholders paved way for Carroll’s exit
Anglo American’s biggest shareholders in South Africa have met with Cynthia
Carroll two weeks ago to explain their objections to her management decisions.