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:
Anglo American puts up R120-million for municipal capacity development.
The Minerals amendment Bill may be sent back to Parliament.
And, Rio Tinto says it has rejected a potential merger with Glencore.
Programme implementation is already under way for diversified miner Anglo American’s R120-million, three year Municipal Capacity Development Programme, which it is undertaking in partnership with the Development Bank of Southern Africa and the Investment Climate Facility for Africa.
Anglo American South Africa executive director Khanyisile Kweyama
Mineral Resources Minister Ngoako Ramatlhodi said there was a chance that the Minerals and Petroleum Resources Development Act Amendment Bill might be referred back to Parliament, while describing the South African mining industry as the alpha and omega of the South African economy.
Mineral Resources Minister Ngoako Ramatlhodi
Multinational mining groups Rio Tinto and Glencore have confirmed that they had held discussions regarding a possible tie-up, but said that the board of Rio Tinto had rejected a merger with its smaller rival.
Video courtesy of Reuters
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