Breaking News
Philanthropy
Patrice Motsepe: Icon of balanced success
Patrice Motsepe, the richest black South African, has pledged to give half the income generated by his family assets to charity - becoming the first person outside the US to take the billionare Giving Pledge.
01 Feb 2013
NUM welcomes 60-day stay of Amplats retrenchments
NUM welcomes Amplats decision
The National Union of Mineworkers (NUM) has welcomed the decision by mining giant, Anglo American Platinum (Amplats) to suspend the retrenchment of up to 14 000 workers by 60 days
29 Jan 2013
Amplats to give clarity on retrechment plans
Outcomes announced today by Amplats
Anglo American Platinum (Amplats) is today expected to announce the outcome of the talks with different stakeholders, regarding its planned retrenchments of 14 000 employees.
28 Jan 2013 - U. R.
No immediate plans for mining taxes
Mining taxes to be kept under review – Gordhan
South African finance minister Pravin Gordhan said on 23 January at the World Economic Forum in Davos, that he had no immediate plans for new mining taxes, but that the matter would be kept under review.
25 Jan 2013
Conditional approval of the Glencore / Xstrata merger
Merger dependent on Competition Tribunal
The Competition Tribunal has conditionally approved the merger between Glencore International plc and Xstrata plc, which means the merger may be implemented in South Africa.
24 Jan 2013
Amplats to make up for job losses
Amplats to create job opportunities for those lost through retrenchment
Platinum miner Anglo American Platinum (Amplats) says it will create other job opportunities, following its announcement earlier this week that the jobs of up to 14 000 mineworkers are in jeopardy.
18 Jan 2013
Amplats miners back at work
CoM understand the government's frustration
With Amplats mineworkers having returned to work, the Chamber of Mines has come out saying it understands the government's frustration with Amplat's restructuring plans
17 Jan 2013
Amplats' plan to shed 14 000 jobs 'shocking'
Everyone is surprised
Anglo American Platinum’s plan to shed “up to” 14 000 jobs has again led to industrial unrest in the Rustenburg area
16 Jan 2013
Shale gas fracking solution found?
Apex announces solution
American oil field services management company, Apex Management Group, has announced "a game-changing solution that dramatically reduces the cost and environmental impact" of fracking.
10 Jan 2013 - U. R.
Online mining equipment auction a global hit
Online auctioneering company
Newcomer SA online auctioneering company Clear Asset has successfully hosted another major auction on behalf of Diesel Power
13 Dec 2012
Junior coal miners to benefit from Eskom plan
Eskom process to triple supply
Eskom is in the process of developing a strategy which would enable emerging miners – defined as those with a 50%-plus-one-share black ownership – to triple their supply of coal.
11 Dec 2012
Outgoing CEO delivers passionate plea for mining certainty
Clear message
The Anglo American mining group will not spin off its South African assets into a separate entity to please some investors.
05 Dec 2012