Home News Markets Page 260

Markets

Zambia not keen on mine windfall tax

0
Zambia will not re-introduce a mine windfall tax it abolished in 2009, says its Finance Minister.

Sierra Leone to post mining revenues online

0
Sierra Leone will soon launch a public website to detail mining revenues in an effort to ensure that an expected resource bonanza is handled transparently, officials say.

Revised MPRDA at least a year away

0
Proposed amendments to the Mineral and Petroleum Resources Development Act will not come into law before end-2012, says Mines Minister Susan Shabangu.

Rio Tinto sees customers turning cautious

0
Rio Tinto has warned that further cracks may be emerging in global commodities markets as the economies of Europe and the United States waver.

BHP Billiton CFO Vanselow steps down

0
BHP Billiton has announced the retirement of its popular chief financial officer Alex Vanselow and expanded its top management committee.

ANC to redraft nationalisation report

0
The African National Congress has returned a report with policy recommendations on the issue of mine nationalisation for redrafting, says a senior party official.

Anglo’s growth assets near production

0
Diversified miner Anglo American’s production profile will change dramatically over the next two years as its four largest expansion projects are commissioned.

Unity needed in nationalisation debate: Phosa

0
South Africa should speak with one voice on the issues that troubled its economy, such as nationalisation, said Mathews Phosa, ANC Treasurer-General.

Mining to drive Zim growth: Biti

0
Gold production would double, diamonds would bag $600m ... The outlook for Zimbabwe economic growth would be based partly on its mining industry.

ANC mulls ‘carrot and stick’ on benefication

0
The ANC is to debate next week a carrot and stick approach to beneficiation in the mining sector and would not simply slap levies on mineral exporters.