More delays to mining law revision
A member of parliament’s portfolio committee on mineral resources has poured
cold water on expectations that the long-anticipated revision of SA’s mining
legislation will be finalised by year-end.
ANC fails to end regulatory confusion
The ANC policy conference has failed to end uncertainty over policy and
regulatory issues that the mining industry was hoping would be put to bed.
Business warns ANC: be clear!
Business leaders attending the ANC’s policy conference have appealed for
certainty and warned that a lack of clarity may lead to a plunge in business
confidence.
Watchdog approves Petmin’s SamQuarz sale
The Competition Tribunal has approved Petmin’s R259m transaction to dispose
of the SamQuarz silica mine.
Metals boost if Europe rethinks austerity: Stanlib
Austerity failed to save Europe, which is why it must rethink smarter policies
with the emphasis on infrastructure spend, says Stanlib senior economist, Kevin
Lings.
Glenstrata deal on the brink as Qataris says “no’
The $65bn merger between Glencore and Xstrata is on the verge of collapse
after Xstrata’s second-largest shareholder said it will oppose the terms of the
deal, reports Financial Times.
Tronox adds vim to under-valued Exxaro Resources
Coal prices may have flagged lately, but there are high expectations for the
effect the mineral sands industry can have on Exxaro Resources’ share price.
MRI in hunt for Water Affairs AMD tender
Mine Restoration Investments will chase down a multi-million rand tender to
clean South Africa’s acid mine drainage after listing and raising R40m on the
JSE’s Altx.
Dirt diggers can leave for Australia: Jourdan
Paul Jourdan, a co-author of the State Intervention in Mining report, says
minerals should be left unmined if industrialisation is not the direct
consequence of digging for them.
How to get ahead in mining
The possibility of earning a good keep with a career in mining will not be over
soon, but careful planning and a knack for some key soft skills will make you
rise higher than your well-paid peers.