Empowermentbanner
10 March 2010
 
 
Miner digs in on winelands application
Bheki Mpofu
A major row is brewing between some Western Cape wine estate owners and African Exploration Mining & Finance Corporation (AEMFC) over the state-owned company’s plans to start mining on farms in the Stellenbosch and Cape Town municipal areas. News last week of an application by AEMFC for rights to prospect for and possibly mine tin, zinc, lead, lithium, copper, manganese and silver on the farms angered wine farmers, residents and environmental groups.
Business Day
Monday, March 01, 2010
 
 
Nationalising mines is not government policy — Zuma
Wyndham Hartley
President Jacob Zuma yesterday reassured investors that nationalisation was not on the government’s agenda. In his reply to the debate on his state of the nation speech in the National Assembly, Zuma, for the first time, addressed concerns expressed by opposition leaders on African National Congress (ANC) Youth League leader Julius Malema’s strident call for the nationalisation of mines.
Business Day
Wednesday, February 17, 2010
 
World boom in mining listings expected
Bheki Mpofu
Global initial public offering (IPO) activity in the mining sector is expected to gather pace this year as companies seek alternative ways of funding after the devastating credit crunch a year ago, according to a report by auditing firm Ernst & Young. Ernst & Young said a healthy pipeline of IPOs was likely to come to fruition this year as fund raising in the mining sector is expected to shift to IPOs and mine finance.
Business Day     Monday, February 15, 2010
 
 
Gold diggers see glitter outside SA
Jim Jones
While global gold production is continuing to rise, South Africa’s is continuing to fall. The country has the world’s most mature gold industries and after nigh on a century and a quarter, resources are rapidly being depleted. December-quarter reports from some of the country’s principal gold companies have confirmed the trend. Take Harmony.
Business Times     Sunday, February 14, 2010
 
 
 
Mining new areas
Matthew Hill
Department of mineral resources deputy DG Jacinto Rocha's resignation came as a surprise this month. Matthew Hill asks him about current developments in the sector. Why have you quit? I didn't quit, I decided to leave. It's very simple - I have been in the department for 13 years. The positions that I've held have always been stressful ones. You get to a position where you say, do I still have the stamina to continue?
Financial Mail
Friday, February 12, 2010
 
The dune bug bites
Matthew Hill
Taking a stroll through the Namibian coastal town of Swakopmund, you'd be forgiven for thinking you're in Germany. The architecture has a distinct colonial flavour. But just south of the centre, dozens of modern houses are springing up in what appears to be the makings of a boom town. Property prices have shot up. A three-bedroom house that cost N$300 000 three years ago now sells for nearly $1m ($1 is worth R1), one local says.
Financial Mail     Friday, February 12, 2010
 
 
Mining charter ‘champion’ calls it quits
Kgomotso Mathe
The main architect of the mining charter, the deputy director-general of the Department of Mineral Resources, Jacinto Rocha, has quit his position. Rocha earned a reputation for being confrontational with the mining sector, and was instrumental in the formation of a state mining company and the Minerals and Petroleum Resources Development Act, aspects of which the industry took issue with.
Business Day     Friday, February 05, 2010
 
 
Lack of power top risk for mines
Carli Lourens
Threats of nationalisation are less of a risk to mining companies in SA, the biggest platinum, ferrochrome and manganese producer, than the lack of power in the country, says consulting company Control Risks. “We’re very sanguine about political risk in SA,” James Smither, associate director for consulting projects, said in an interview at the Mining Indaba conference in Cape Town yesterday.
Business Day     Friday, February 05, 2010
 
 
Who's being disingenuous?
Dave Marrs
Mining Minister Susan Shabangu told a media conference that the nationalisation of mines would not take place in her lifetime. The African National Congress Youth League responded that she is “disingenuous, dishonest and does not understand the ANC”. How this statement makes her “dishonest” is an open question, but the league may be right on the third count.
Business Day     Thursday, February 04, 2010
 
 
More Articles

ANCYL pans ‘lying’ minister as mining row turns nasty Business Day Wednesday, February 03, 2010
Anglo ‘on course’ with $2bn cost cuts Business Day Wednesday, February 03, 2010
State-led task team ‘saves mining jobs’ Business Day Wednesday, February 03, 2010
Coal miners ‘have golden opportunity’ Business Day Wednesday, February 03, 2010
Anglo mum on ‘mining talks’ with ANCYL Business Day Tuesday, February 02, 2010
Indaba expects world metal prices to rise Business Day Tuesday, February 02, 2010
Optimum will be first big listing of the year Business Times Sunday, January 31, 2010
Eating away at profits Financial Mail Friday, January 29, 2010
Coal exports could rise 20% this year Business Day Thursday, January 28, 2010
No going Back Business Day Wednesday, January 27, 2010
Precedent not set in stone Financial Mail Friday, January 22, 2010
Output up Financial Mail Friday, January 22, 2010
Rise in mining stocks could be short-lived Business Times Sunday, January 17, 2010
Uncertain days Financial Mail Friday, January 15, 2010
Politics and power Financial Mail Friday, January 15, 2010
Plenty to worry about Financial Mail Friday, January 15, 2010
Recovery ‘will lift SA mines out of slump’ Business Day Friday, January 15, 2010
Tumbling output leaves SA third in global gold ranks Business Day Thursday, January 14, 2010
Mvela takeover talk ‘speculation’, no formal bid Business Day Tuesday, January 12, 2010
Dissent rattles mining boards Business Day Monday, December 21, 2009
Mining production decreases Business Day Thursday, December 10, 2009
Mining academy will tackle skills shortage Business Day Monday, December 07, 2009
Safety under spotlight Financial Mail Friday, November 27, 2009
Miner may part with its BEE partner Business Day Thursday, November 26, 2009
Been here before? Financial Mail Friday, November 13, 2009
SARS opens mining royalties register Business Day Friday, November 06, 2009
State gets tough on ‘fronting’ miners Business Day Wednesday, November 04, 2009
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Out of control
By Robin Wooley
2009/01/29 12:00:00 AM
Black Economic Empowerment (“BEE”) was meant to have found itself on more certain ground with the gazetting of the Codes of Good Practice in 2007. After all the years of anticipating an end to the moving targets and constantly shifting playing fields, the South African business community had cause to celebrate the birth of a decade of BEE certainty as the Codes superseded the plethora of sector charters and corporate self regulation.
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