https://www.miningweekly.com

Resources Watch

Resources Watch

28th February 2013

By: Creamer Media Reporter

  

Font size: - +

Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.

This week:
Gold Fields  says R4-billion more will set South Deep up for 50 years.
AngloGold Ashanti CEO Mark Cutifani says negative sentiment on South Africa is ‘significantly overblown’.
And, industry still isn’t clear about the mining tax direction after the Mangaung conference.

The planned investment of R4-billion more in the giant South Deep gold project will set the mine up for 50 to 60 years of ongoing operation, says Gold Fields CEO Nick Holland.

Gold Fields CEO Nick Holland

The negative sentiment on South African has been “significantly overblown” at a time when the right things are being done, says outgoing AngloGold Ashanti CEO Mark Cutifani.

AngloGold Ashanti CEO Mark Cutifani

Mining is a capital-intensive, long-term and high-risk business and international research shows that, after geology, policy certainty and predictability are the most important issues for mining companies planning any investment, which is why the uncertainty regarding possible higher taxes for the mining industry must be cleared up as soon as possible by the ruling party and government.

KPMG head of energy and natural resources tax Andries Myburgh

For mining news as it breaks, stay logged onto Mining Weekly.com and register for our free daily newsletter.

Edited by Shannon de Ryhove
Contributing Editor

Comments

Latest Multimedia

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
Updated 6 hours ago

Showroom

SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)
SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)

Education: Consulting with member companies to obtain the optimal benefits from their B-BBEE spending, skills resources as well as B-BBEE points

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Resources Watch
Resources Watch
17th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.056 0.089s - 88pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: