Archive | Mining

Bushveld Minerals concludes BEE deal

Bushveld Minerals Limited, the diversified mineral development company with a portfolio of vanadium, titanium, iron ore, tin and coal assets in Southern Africa, has completed the change in ownership of Vametco Holdings Black Economic Empowerment (BEE) partners.   Further to the Company’s announcement on 22 February 2017, Bushveld also confirmed that Jaxson 640 completed the acquisition […]

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Mxolisi Mgojo new Chamber of Mines president

At the 127th Annual General Meeting of the Chamber of Mines, the Chamber members elected the new Office Bearers today for 2017/2018. The Chamber of Mines is the preeminent mining employers’ organisation and represents companies that produce around 90% of South Africa’s mineral production, by value. Mr Mxolisi Mgojo, CEO of Exxaro Resources, was elected […]

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Anglo American to appoint Nolitha Fakude to the Board

Anglo American plc has announced that Nolitha Fakude will join the Board as a non-executive director with effect from the conclusion of Anglo American’s Annual General Meeting on 24 April 2017, subject to shareholder approval. This was announced on Johannesburg Stock Exchange (JSE) information dissemination service, SENS. Ms Fakude has 25 years of experience across […]

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Anglo American voices concern over Reviewed Mining Charter

On the backdrop of comments made by Department of Minerals and Natural Resources Minister, Mosebenzi Zwane at the Mining Indaba recently held in Cape Town, Anglo American has issued a statement. The minister used the opportunity at the Mining Indaba to inform stakeholders about the revised Mining Charter. “With regard to the regulatory tool governing […]

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Thando Mkatshana appointed CEO of Patrice Motsepe’s ARM Platinum in rare position swop

African Rainbow Minerals (ARM) Copper and ARM Coal Chief Executive, Thando Mkatshana has been appointed as CE of ARM Platinum in an exchange deal which will see the latter’s CE François Uys move in the opposite direction effective on the 14th February. The affected companies are wholly owned subsidiaries of ARM, which is chaired by […]

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Chamber of Mines weighs in on wages and transformation at Mining Indaba

The Chamber of Mines of South Africa has weighed in on the wages and transformation topic in South Africa. The Chamber of Mines, which is a mining industry employer’s organization, was represented by its President, Mike Teke at the Mining Indaba currently taking place in Cape Town. Teke on Tuesday, said the growing gap between […]

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Ministers Zwane and Davies unpack transformation plans at Mining Indaba

The world’s largest mining conference is being held in Cape Town this week from the 6th to the 9th of February. The Mining Indaba is held annually and hosts influential stakeholders such as investors, mining professionals, government officials, financiers and mining service providers. The Department of Mineral Resources (DMR) and Department of Trade and Industry […]

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State Power Utility uncompromising on transfor – mation commitment

Mining giants, Exxaro and Anglo American could be in for a rocky ride if Eskom’s threats are to be taken seriously. This comes after the state utility’s quarter update today. Eskom was responding to Exxaro’s restructuring of its black economic empowerment (BEE) ownership by lowering its black shareholding from just over 50 percent to 30 […]

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Algeria invites South Africans for opportunities

The South African business delegation comprising over 100 businesspeople from different sectors visited Algeria to participate in the African Investment and Business Forum. The forum, which is attended by about 3 000 delegates from different African countries has been organised by the inter-sectorial organising committee headed by the Algerian Minister of State, as well as […]

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Hotly debated future for South African mining

  Ahead of the fourth edition of the Joburg Indaba, stakeholders of the mining industry are upbeat and focused on becoming internationally competitive to secure the future of this key driver of the South African economy. One of the central themes at this year’s Joburg Indaba is what the mining industry is doing to attract […]

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