Tag: south africa mining news
South Africa’s carbon tax could cost Amplats $21m a year from 2021 – CEO
South Africa's new carbon tax could cost Anglo American Platinum up to $21 million a year from 2021 its chief executive said on Tuesday,...
Firestone finds another massive diamond at Lesotho mine
Africa-focused Firestone Diamonds (LON:FDI) has dug up a 72-carat yellow, whole makeable diamond at its Liqhobong Mine in Lesotho, the second one over 70-carat it...
Lawyers urges DMR not to take Minerals Council court application lightly
Law firm Dentons partner Brandon Irsigler says the Department of Mineral Resources (DMR) should not take the Minerals Council South Africa’s court application for a judicial review of Mining Charter 3 lightly, since...
Petra Diamonds shares jump on 425.1-carats discovery at Cullinan
Shares in Petra Diamonds (LON:PDL) jumped more than 8% on Friday after the miner announced it had dug up a 425.1 carat, D-colour, Type II gem...
South African mining charter challenge dents Ramaphosa plans
South African mining companies are challenging parts of a government charter aimed at redistributing the country’s mineral wealth, saying it will deter new investment...
Bell tolls for gold mine that once powered South African economy
The final demise of South Africa’s gold industry came a step nearer on Wednesday with the announcement that Sibanye Gold Ltd. won’t extend the...
African mining firms seek charter changes over past black ownership deals
Mining companies have requested a judicial review of South Africa's 2018 mining charter to change clauses related to transactions made in the past to...
Sibanye-Stillwater considering changing primary listing
South Africa's Sibanye-Stillwater will explore changing its primary listing in a bid to access more capital as it explores growth opportunities outside its home...
S.A Minerals Council seeks judicial review of mining charter
The industry body representing South African mining companies said on Wednesday it had filed an application for judicial review and setting aside certain clauses...
Flaws in South Africa’s mining royalties system brought to spotlight
Today Corruption Watch (CW) launched its 2018 Mining Royalties Research Report, highlighting the complexities and challenges in the management and distribution of mining royalties...
Eskom price hikes to cost over 90 000 miners jobs
South Africa’s gold and platinum mines will shed around 90,000 jobs in the next three years as above-inflation electricity price increases by power utility...
Lonmin urges shareholders to back Sibanye takeover
Platinum miner Lonmin does not have sufficient liquidity to fund the new projects needed to avoid shaft closures and job losses, it said on...
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