Much-opposed nationalisation proposal unlikely to be implemented – Chamber of Mines CEO

Nationalisation will not take place as there are too many leaders opposing its implementation, South African Chamber of Mines CEO Bheki Sibiya said at the African Mining Network end-of-year gala event, on November 17.

Company Announcement: Invitation to the Chamber of Mines' Annual General Meeting

You are cordially invited to attend the Chamber of Mines' Annual General Meeting (AGM) .

Nationalisation calls are 'young men flexing muscles'

Calls by the Youth League of the ruling African National Congress (ANCYL) for the nationalisation of South Africa's mines amount to “young men flexing their muscles” and do not represent the policy views of the party nor the government, North...

Nationalisation won't help poor – Nzimande

Nationalisation was an attempt by the ANCYL to save black economic empowerment "elements in crisis", and would not help the poor, SACP general secretary Blade Nzimande said on Tuesday. "The call for nationalisation by elements within the ANCYL,...

ANCYL rejects 'independent' research on mines

The ANC Youth League does not want academic research on the nationalisation of mines, and it does not want the research to be independent of the ANC. This is according to its spokesman, Floyd Shivambu, who, when asked to clarify a statement...

ANC calls for concrete proposals on nationalisation

he ANC has called for concrete proposals on what more can be done on transferring the country's mineral wealth to the poor. "Given that the ownership of all mineral deposits have reverted back to the state, that private operators pay royalties to...

Nationalisation a global concept — Sexwale

South Africa is not the first country to consider nationalisation, African National Congress (ANC) national executive committee member Tokyo Sexwale said on Monday. "We will not be the first to nationalise and not to nationalise. Many people have...

NONRACIAL CREDENTIALS

South Africa's National Union of Mineworkers (NUM), the Congress of South African Trade Unions, the African National Congress and the Chamber of Mines have defended the nonracial credentials of former Eskom chairperson Bobby Godsell, who resigned...

Alliance rejects Eskom hike, as utility mulls lower tariff request

South Africa's African National Congress- (ANC-) led tripartite alliance, which met over the weekend, came out in opposition to Eskom's proposed electricity tariff increases of 45% a year for the three year period between April 1, 2010, and March...

SA's Mantashe calls for ideas on mining nationalisation

ANC secretary-general Gwede Mantashe called for "concrete ideas" on how the debate on the nationalisation of mines can be taken forward, in a speech prepared for delivery on Thursday. "We have invited comrades who want us to treat this debate as...

First mine possible by end 2010, says SA's new State-owned mining company

South Africa’s State-owned mining company, which was set in motion late last year, might create its first opencast coal-mine by the end of 2010. Sizwe Madondo, the CEO of the State-owned African Exploration Mining & Finance Corporation (AEMFC),...

Nationalisation hot potato may resurface as Chamber addresses Parliament

As the South African mine-nationalisation hot potato continued to be tossed about with seeming defiance by ANC Youth League on Monday, Chamber of Mines CE Mzolisi Diliza flew out of Johannesburg on his way to Cape Town in preparation for the...