Mining directors boost their balance sheets
The spate of holidays in April has been a time for some company directors to
reflect on the new-found strength of their personal balance sheets.
Zambia to tighten grip on tax compliance
Zambia plans to tighten its grip on the government's share of profits made at the country's mines, according to a Reuters report.
Coal miners in new acid drainage plan
Mpumalanga’s biggest coal miners are working on a plan to decontaminate
around 250 megalitres of acid mine water for use by platinum mines, both in
that province and Limpopo.
Anglo shareholders toe the line, largely.
Some Anglo American shareholders have spoken their minds over a variety of
issues at the company’s annual general meeting, most notably regarding the
dispute with Chile’s Codelco.
State has bigger role in mining – Motlanthe
The recent global financial crisis has shown that more state intervention is needed in
the mining industry, says Deputy President Kgalema Motlanthe.
ARM’s tough double act
One can only admire the unlikely chemistry between African Rainbow Mineral’s
Patrice Motsepe and his recently retired CEO, Andre Wilkens.
Green lobby, land owners win big in Maccsand case
The Constitutional Court’s judgment in the Maccsand case has handed civil
society and land owners plenty ammunition to curb mining, say legal experts.
China aims for soft landing, says World Bank
A new World Bank report projects GDP growth in China will be 8.2% in 2012 and 8.6% in 2013.
ConCourt makes mine zoning judgment
Mining companies have to obtain permission not only from the Department of
Mineral Resources for mining or prospecting on a piece of land, but also from
local authorities.
Gold, PGM output take a hit
South Africa's mining output fell sharply in volume terms in February, highlighting the impact of a government safety drive and a strike at Impala Platinum, reports Reuters.