Call for clarity on State mining firm as conflict of interest concerns persist

Despite assurances from the Department of Mineral Resources (DMR) and State-owned mining company African Exploration, Mining and Finance Corporation (AEMFC) that AEMFC is operating without exemption or preference and under fair market rules,...

Call for clarity on setup of State mining company as conflict of interest concerns persist

Despite assurances from the Department of Mineral Resources (DMR) and the State-owned mining company the African Exploration, Mining and Development Corporation (AEMFC) that the AEMFC is operating without exemption or preference and under fair...

State capitalism: Is it a rival to market capitalism?

Since the start of the current global economic crisis in 2008, there has been renewed interest in the concept of ‘State capitalism’, as distinct from ‘market capitalism’. (The term ‘liberal capitalism’ is shorthand for ‘liberal...

Is it a rival to market capitalism? And how does it affect the natural resources industries?

Since the start of the current global economic crisis in 2008, there has been renewed interest on the concept of “state capitalism” as distinct from “market capitalism”.

Cabinet approves hive-off model for State mining company

The hiving off of South Africa’s State mining company as a standalone growth entity has been approved by the Cabinet. The proposed model to hive off African Exploration Mining and Finance Corporation (AEMFC) from its hosting by the State-owned...

State’s player/ref role makes independent mining regulation essential – Leon

The participation of the State as both player and referee in South Africa's mining sector makes the creation of an independent mining regulation body essential, says top regulatory lawyer Peter Leon. Leon, partner and cohead of mining at law firm...

Launch of State mining company reopens political divisions

The first sod has been turned at the new R130-million 120-employee State-owned Vlakfontein coal mine, situated 100 km east of Johannesburg.

State as mining ‘player and referee’ raises governance issues – Motsepe

The South African government’s position of being both “player and referee” within the mining industry raises potential governance issues, says African Rainbow Minerals (ARM) executive chairperson Patrice Motsepe. Motsepe, who was answering...

Company Announcement: National ranking of energy efficient buildings

Attached please find a press release on: With the support from the Central Energy Fund (CEF) through the National Energy Efficiency Agency (NEEA), as well as endorsement from government’s national energy efficiency campaign—Save It!—the...

State mining company opens coal mine, declares oil-from-coal intent

South African President Jacob Zuma launched the new ‘competitive’ State mining company, which will produce 800 000 t/y of energy coal at its first mine and synthetic crude oil from another in 2013. President Zuma turned the first sod at the...

State mining company in coal offtake talks with Eskom

South Africa’s State mining company, which the Cabinet has freed-up as an autonomous enterprise, is negotiating a coal offtake agreement with State-owned electricity utility Eskom, and studying rare earths opportunities in neighbouring Zimbabwe...

29/10/2010 (On-The-Air)

South Africa's new State mining company has developed its first mine; mentoring is seen as vital to bridge South Africa's gaping engineer shortage; and Limpopo province is embarking on a grass-growing initiative to stop rampant soil erosion.