Mining charter amendments a mystery as March deadline nears
Mining mx – South Africa’s Chamber of Mines did not have any meetings scheduled with the Department of Mineral Resources (DMR) this week which means it would not have been consulted on amendments to the mining charter were it gazetted before month-end.
Silicosis – unpacking the gold mines’ strategy
Daily Maverick – Gold mining companies have launched an appeal against last year’s court decision to allow miners suffering from silicosis and TB to fight for compensation as a group. The matter is to be heard in the Supreme Court of Appeal in May.
Reshuffle Chronicles: Playing with matches, Zuma may start a fire he cannot control
Daily Maverick – On Monday it emerged that the chances of President Jacob Zuma sacking Finance Minister Pravin Gordhan were higher than they had been since he was forced to appoint him in December 2015.
SA political instability a negative for Anglo’s spin-off plans
Mining mx – Political instability in South Africa would be “slightly negative” for Anglo American as the restructuring of its local assets might be delayed, but gold miners would benefit most, at least in the short term, said Goldman Sachs in a note today.
Business warns of downgrade threat amid Gordhan uncertainty
Mining Weekly – The Chamber of Mines (CoM) is the latest business entity to express concern that President Jacob Zuma’s unexpected decision to cut short an international investor roadshow led by Finance Minister Pravin Gordhan will leave investors unsettled and raise the possibility of a downgrade.
Mining sector awaits on Zwane to gazette mining charter
EWN – Mineral Resources Minister Mosebenzi Zwane promised that a new document would be promulgated before the end of this month
Reviving king of gold means getting mine workers off their knees
Moneyweb – Sibanye says industry will die by 2033 without big cost cuts.
WRC launches mine water atlas
Bizcommunity – The Water Research Commission (WRC), in partnership with consulting firm Golder Associates, has launched the South African Mine Water Atlas.
Mines will need to embrace technology or risk ‘sterilising resources’
Business Day – The mining industry has to change the way its works in order to survive, but the geology of SA’s deposits makes a quick fix challenging.
Fatality figures falling each year as South African mining sector targets 'zero harm'
Mining Weekly – As the yearly recorded number of mining injuries and fatalities in South Africa continues to decrease, albeit at a slower pace in 2016 than in previous years, the focus of the industry shifts once again to renewed efforts to bring the number of fatalities to zero.