Chamber of Mines concerned about Gordhan’s recall from investor roadshow
Citizen – In a statement, the Chamber said it was concerned about both the timing of the request and the negative impact this has had on the markets.
The politics of South African goldmines, silicosis and TB
Miningne.ws – The gold mining industry is trying to move sick miners from the Occupational Diseases in Mines and Works Act (ODMWA) to the Compensation for Occupational Injuries and Diseases Act (COIDA).
Chamber of Mines concerned about Gordhan situation
Jacaranda FM – The Chamber of Mines said on Tuesday that it was deeply concerned about recent developments regarding the request by President Zuma for Finance Minister Pravin Gordhan to return home in the middle of an important international investor roadshows.
Cosatu wants Zuma to explain Gordhan call-back
EWN – Cosatu’s General Secretary Bheki Ntshalintshali believes President Jacob Zuma has embarrassed South Africans over the current Pravin Gordhan matter.
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