Archive | Mining

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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Posted in B-BBEE, Business, Enterprise Development, Government, Mining, Prefferential Procurement, Supply Chain0 Comments

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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Posted in Business, Government, Mining0 Comments

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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Victory at last for anti-uranium mining lobby group in the Karoo

Unrelenting efforts by the anti-uranium mining lobbyists in South Africa have finally paid off, as the Australian company, Tasman Pacific Minerals Limited, announced that it is withdrawing all its mining rights applications lodged in the Western and Northern Cape and has lodged new Mining Rights applications in the Western Cape limited to areas that are […]

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Institutionalised collective bargaining undermining low earning mine workers– AMCU President

South Africa’s institutionalised collective bargaining system is rapidly growing and becoming unresponsive to the needs of the lower earning workers in a low wage regime where two thirds of the labour force earns less than the mining sector’s median earnings, President of mining labour union, AMCU, Joseph Mathunjwa, fears. “Inflation has perpetuated “slave wages in […]

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Sibanye boosts education with a R6, 2m facility

Effects of weak commodities on mining operations globally have not deterred organisations from undertaking philanthropic activities it seems. Mining company, Sibanye, has financed and delivered a state-of-the-art, multipurpose hall to the Free State Department of Education (FSDoE) as per its social and labour plan agreements. The project is a R6, 2m investment that will benefit […]

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South African mining giants contest the silicosis case judgment

Three weeks ago, Transform SA Online reported that the South Gauteng High Court in South Africa had granted ex-miners class certification judgment against their former employers, drawn from the so-called Occupational Lung Disease Working (OLD) Group. Now, Transform SA Online learns, the OLD Group, made up of African Rainbow Minerals, Anglo American SA, AngloGold Ashanti, Gold Fields, Harmony and […]

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Two years later, Rustenburg still feeling effects of strike

Two years since the end of what has been recorded as the longest strike in the history of mining in South Africa, the mining town of Rustenburg is yet to recover. The town’s executive mayor, Mpho Khonou, observed, as he was tabling the 2016/17 budget: “Prior to the protracted strike, Rustenburg had the third fastest […]

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Silicosis case: still a long walk from ex-miners’ justice

Those who want to see justice not only being done but be seen to be done should be impressed that frail and sickly ex-miners, through their lawyers of course, have been granted a go-ahead by the Gauteng South High Court in South Africa to proceed with a case against their previous employers, 32 mining companies, […]

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Posted in Health, Mining0 Comments

Coal producers threatened by new energy storage technology

It’s a development which has given coal producers, who are already have low prices and stringent environment regulations to contend with, substantial food for thought. Tesla, a renewable energy and energy storage firm, has introduced Powerwall, a suite of batteries to store electricity for homes, businesses and utilities, threatens coal producers sustainability in the market. […]

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