Mining sector
SA publishes proposed mine safety rules for COVID-19
South Africa, the world's largest producer of platinum and chrome ore and a major miner of gold, diamonds and coal, is gradually restarting the operations of...
Experts said there was still not a strong enough view that people of different genders and sexual identities also belong in mining.
The state-owned company has blamed the fall on the contraction in the mining sector and the weak economy among other reasons.
The portfolio committee on mineral resources and energy on Wednesday hosted an engagement session with organisations in the mining and energy sectors.
This is despite resistance from the South African Reserve Bank (Sarb), which says that feasibility studies found the concept isn’t viable.
Together with his Russian counterpart Dmitry Kobylkin, Mantashe has hosted a gathering in Randburg as part of the third South Africa-Russia platinum group metals conference.
Minister Mantashe was speaking at a mining summit in Boksburg on Saturday morning.
The draft mining charter conceded to the “once empowered always empowered” principle which was not the case in the past version.
Amcu says businesses want to get rid of workers with non-curable diseases such as silicosis, who the state then has to take care of.
Earlier this week, Implats announced that 2,500 jobs may be at risk after the mine failed to return to profitability, again.
The Chamber of Mines is not happy with the revised charter which proposes that 30% of the mining sector be black owned in a year's time.
Last week, the Chamber of Mines announced that Zwane has agreed not to implement it until after a court has ruled on its legal application.
The Chamber’s CEO Roger Baxter says their primary aim is to stop the charter from ever being brought into effect.
UWC Professor Leslie Petrik says they have been able to create geopolymers that are extremely strong and can be used for building.
The chamber boycotted today’s announcement of the new charter by Minister Mosebenzi Zwane, saying they had not been consulted.
The Chamber of Mines has criticised Mineral Resources Minister Mosebenzi Zwane for not properly consulting with the sector, saying it will not be co-opted into a flawed process.
On Tuesday the International Monetary Fund said it saw South Africa's growth at 0.8% in 2017.
Wits University’s Lumkile Mondi says uncertainty on mining policy is harming the sector.
The country may face stiff competition from other African countries vying to become preferred mining destinations for investors.