http://www.miningweekly.com

Global Mining News in real time

Martin Czernowalow

South Africa again urged to review gold ownership laws

A gold accumulation plan - a savings plan whereby a sum of money is invested monthly in gold - would be popular in South Africa, an industry observer says, but such an initiative would contravene the country’s current legislation. 

Recycling poses threat to platinum miners

The recycling of platinum and palladium could pose a threat to primary producers of platinum-group metals (PGM), with secondary supply expected to establish a base load source of metal to the industry. 

Foreign miner says royalty plan will hurt SA

While foreign direct investment is a crucial element of ensuring the future success of South Africa's mining industry, the country faces fierce global competition for capital, and some of its new mining laws could scare off investors, a senior mining executive told the World Platinum Congress... 

SA still missing out on commodity boom

The sustained strength of the South African currency for most of 2004 makes it evident that there will be no notable recovery in the mineral sales figures for the year when these are released in the course of 2005, said the Chamber of Mines re-elected president last week. 

SA again urged to review gold ownership laws

A gold accumulation plan - a savings plan whereby a sum of money is invested monthly in gold - would be popular in South Africa, an industry observer says, but such an initiative would contravene the country's current legislation. 

Trans Hex strengthens Angolan position

South African gem-miner Trans Hex yesterday said its mining activities in Angola have increased, and its position in that country was further strengthened with the appointment of a full-time managing director. 

Transport infrastructure shortcomings hurt mining

Transport infrastructure shortcomings in South Africa make it impossible for the country's mining industry to meet not only the current demand from China, but also a number of potentially profitable commodity export destinations. 

SA still missing out on commodity boom

The sustained strength of the South African currency for most of 2004 makes it evident that there will be no notable recovery in the mineral sales figures for the year when these are released in the course of 2005, said the Chamber of Mines re-elected president yesterday. 

ERPM lives to fight another day

Marginal South African gold operation East Rand Proprietary Mines (ERPM), set for closure in May next year, has been thrown a lifeline, which could mean that some 2 000 miners' jobs are secure for the time being. 

DRD sees consolidation-linked growth in SA

South Africa's fourth-largest gold producer, Durban Roodepoort Deep (DRD), said yesterday that, while it does not see growth opportunities in the country through exploration or expansion, it does see possible growth through acquisitions and consolidation - a trend resulting from the... 

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
R/€ = 13.71Change: 0.11
R/$ = 10.86Change: -0.02
Au 1200.33 $/ozChange: -23.85
Pt 1243.50 $/ozChange: -26.70