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:
Transnet holds its R307.5-billion investment line despite the sluggish economy.
Giyani lists on the JSE’s AltX, and moves to explore the Limpopo gold belt.
And, a draft document for sustainable mining is agreed upon.
State-owned freight logistics group Transnet has made only marginal adjustments to its R307.5-billion Market Demand Strategy, despite South Africa’s slower-than-expected economic recovery, a modest growth outlook and softening volumes. It’s also extended the rolling seven-year investment plan by a further year to 2020.
Transnet CEO Brian Molefe
Canada-based gold exploration company Giyani Gold, which recently listed on the AltX board of the JSE, is aiming to revive Limpopo’s legacy gold mine assets.
Giyani executive chairperson Duane Parnham
Government, business and labour has agreed to ratify a draft document on ensuring sustainable mining in South Africa, says Deputy President Kgalema Motlanthe.
Deputy President Kgalema Motlanthe
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