Chamber of Mines: Want fair hearing, why is R205bn in BEE deals not enough?
BizNews – South Africa’s Chamber of Mines is optimistic that it will resolve a dispute with the government about the requirements for black shareholding in mining companies this year.
South Africa mines dispute pits inequality against investors
Moneyweb – A landmark South African court case that starts on Tuesday will ask a judge to rule whether the need to reduce racial inequality trumps shareholder rights.
‘SA’s blackouts curbed by slowdown, not Eskom’
Independent Online – After power cuts that crippled economic growth, South Africa has kept the lights on for more than six months and outages may not return in the next few years.
Mining charter back in the dock while SA mining dwindles
Miningmx – South Africa’s keystone mining legislation, the mining charter, heads back to the courts on Tuesday (March 15). For a piece of law that was hastily served up in the wake of global panic regarding mines nationalisation, it’s probably no surprise.
Eskom’s improved outlook not about skill but rather SA’s economic slowdown
BD LIVE – After power cuts that crippled economic growth, SA has kept the lights on for more than six months and outages may not return in the next few years. But the improved outlook is less about what the state power utility is doing and more to do with an economic slowdown.
A mining sector in crisis
The Southern Times – The mining sector in the region is facing the severest stress witnessed in a long time which will see thousands of workers losing their jobs, and a situation that could strain the revenue streams of Southern African Development Community (SADC) member states, whose projected economic growth for the year depend on good mining output and better commodity prices.
Coal mining sector in South Africa applauded for safety improvement
Mining Review – The coal mining sector in South Africa was applauded by Chamber of Mines president Mike Teke on Thursday for its continued improvement in safety performance.
Chamber of Mines applauds coal industry’s improved safety performance
World Coal – The Chamber of Mines recently attended the CoalSafe 2016 conference, hosted by the South African Colliery Managers’ Association (SACMA), in Secunda, Mpumalanga.
Eskom tariff hike: Job losses still a major concern, says Chamber of Mines
Eyewitness News – The Chamber of Mines says job losses are still a major concern, despite Eskom not being granted its full claim of R22.8 billion to recover costs and revenue shortfalls.
Chamber of Mines weighs in on Eskom tariff increase
SABC – Senior Executive at the Chamber of Mines of South Africa, Roger Baxter says that the electricity tariff increase might go up to 10% for industry as the billing is different from that of households.