CSR
Green Economy
Anglo Zimele reports substantial interest in Green Fund
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Anglo American enterprise development arm Zimele reported on Tuesday an “overwhelmingly” positive response from small enterprises in its Green Fund, with over 100 responses since its launch in November last year.
Zimele committed R100-million...
By: Natasha Odendaal
20th March 2012
EMPLOYEE OWNERSHIP
33 000 workers become owners of Harmony Gold
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More than 33 000 employees of JSE-listed miner Harmony Gold will become owners of direct shares in the company through its employee share ownership plan (Esop), it announced on Thursday.
The Esop is an equity-settled share incentive and share...
By: Henry Lazenby
15th March 2012
COMMUNITY RELATIONS
Argentinian miners to launch informative campaign
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“For a clean, safe and sustainable mining"– according to website iprofesional.com, this will be the slogan used for each of the items created in the ad campaign launched by the Argentine Camera of Mining Businessmen (Cámara Argentina de...
10th March 2012
Mining Indaba Review
Miners should focus on community empowerment as nationalism tide rises
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The mining industry should do more to implement sustainable practices and empower local communities, as resource nationalism is evolving into a “tidal wave that threatened" mining, says Gold Fields chairperson Dr Mamphela Ramphele.
By: Jean McKenzie
9th March 2012
PLATINUM
Implats dispute with Zimbabwe deepens
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A war of words between South Africa's Impala Platinum and Zimbabwe intensified on Thursday, when the world's second-biggest platinum producer denied offering to hand over a stake in its local unit to the government.
A senior Zimbabwean Minister...
By: Reuters
8th March 2012
INDUSTRIAL ACTION
Illegal labour unrest halts Centamin’s Sukari
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Egyptian miner Centamin on Tuesday temporarily halted operations at its Sukari gold mine, in Egypt, following illegal labour unrest.
The TSX- and LSE-listed miner pointed to a breakdown during ongoing discussions – about general salary...
By: Natasha Odendaal
6th March 2012
ALUMINIUM
Rio Tinto sets date for UK aluminium smelter closure
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Diversified major Rio Tinto announced on Tuesday that it would close its Lynemouth aluminium smelter, in the UK, at the end of March, resulting in hundreds of job losses.
The smelter, which opened in 1972, was declared unsustainable last year...
By: Natasha Odendaal
6th March 2012
ENERGY
Exxaro, Tata move power JV forward
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South African diversified resources company Exxaro and India-based power utility Tata Power Company, through its subsidiary Khopoli Investments, are expected to launch a 50:50 joint venture (JV) energy company next month.
The initial project...
By: Natasha Odendaal
5th March 2012
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