Critical time for South Africa’s mining industry – Leon

The South African mining industry – a mainstay of the country’s $357-billion economy, the biggest in Africa as well as the basis of this country’s industrialisation – is at a crossroads, says Webber Wentzel partner and Africa mining and...

Critical time for South Africa’s mining industry – Leon

The South African mining industry – a mainstay of South Africa’s $357-billion economy, the biggest in Africa as well as the basis of this country’s industrialisation – is at a crossroads, says Webber Wentzel partner and Africa mining and...

IDC invests big in revamped Platmin, Wits plans major mine research thrust, Rio moves mine automation to India

South Africa’s State-owned Industrial Development Corporation (IDC) has made its biggest single investment in five years - R3.24-billion - in Platmin’s comeback as an integrated mining and beneficiation Newco; Wits University is resuscitating...

Alan Smith

Position: CEO Sephaku Fluoride Main activity of company: Exploration, mining and processing of fluorspar Date and place of birth: September 21, 1955, Benoni, South Africa Education: BSc (Mining) Eng, University of the Witwatersrand

Codelco's pillage of Anglo American Sur is hurting ordinary working men and women

Chile and its State-owned copper company, Codelco, need to understand that it is the working men and women of the world who have provided the investment that underpins Anglo American Sur. In forcing Anglo to accept a pittance for its...

ZERO NATIONALISATION

'CLOSE TO ZERO' NATIONALISATION – South Africa's ousted African National Congress Youth League president, Julius Malema, was exceedingly conspicuous by his absence. All Mining Weekly could photograph at his place on the podium at the last of six...

Godsell says 'near zero' chance of mine nationalisation

The likelihood of South Africa’s mines being nationalised is “very close to zero”, former AngloGold Ashanti CEO Bobby Godsell said in an interview on Wednesday, the day before ANC Youth League (ANCYL) president Julius Malema, who had...

Resources Watch

This week: Harmony Gold says South Africa could learn from the ‘transparent’ Papua New Guinea mining industry. Bobby Godsell says South Africa needs to debate the money source for the next 100 years of mining. And, South Africa’s Chamber of...

SA needs to debate money source for next 100 years of mining – Godsell

South Africa needs to ask itself how it will mobilise the money to pay for the next 100 years of mining, says Business Leadership South Africa chairperson Bobby Godsell. He was speaking during discussion time at the fifth of six AngloGold...

Godsell resigns from African Barrick board

Bobby Godsell has stepped down as an independent nonexecutive director of African Barrick Gold (ABG), to pursue other interests, the London-listed miner reported on Friday. Chairperson Aaron Regent thanked Godsell for his contribution over the...

Industry failures sow ‘terrible’ nationalisation seeds – Ramaphosa

Businessman and National Planning Commission (NPC) deputy chairperson Cyril Ramaphosa laid much of the blame for the current “ferment” around mine nationalisation at the door of the industry, which he said had failed to live up to its...

Conflicting nationalisation signals confusing investors, Sacci warns

Conflicting policy signals about mine nationalisation are dampening investor enthusiasm, the South African Chamber of Commerce and Industry (Sacci) warned on Friday, appealing for leadership from the governing African National Congress (ANC). CEO...