Govt, Chamber of Mines at BEE loggerheads. Regulatory uncertainty ten years on.
South Africa wants the black economic empowerment (BEE) legal battle settled outside the courts, says mining minister Mosebenzi Zwane.
Roger Baxter
Zuma’s shock reshuffle: Free State MP Zwane gets mines, Ramathlodi public service
Mosebenzi Joseph Zwane will succeed Ngoako Ramathlodi as mineral resources minister, who has become the public service and administration minister.
Why mining is in trouble in SA, and everywhere else
We all know that mining is having a rough time here in South Africa, but as it happens, things are tough all over for companies that dig in the dirt for treasure. As a result of the Great Recession, commodity prices slumped. This put enormous pressure on mining companies, particularly as it coincided in many … Read more
Pierre Marais: there IS value to be found in SA’s post-election mining sector
South Africa is notorious for its achilles tendon, labour unrest. The most heavily impacted victim of strike action at the moment is the platinum sector, all relevant stakeholders have been severely affected by the halt of production, billions of rands have been lost in revenue and wages. And the market has responded accordingly, with share prices … Read more
Stepping forward and stepping back – the Chamber of Mines on amendments, CCMA, and Strydom
Things between South Africa’s mining companies and the government arms it interacts with have been very touchy for the last few years. Nationalisation, violent labour strikes, electricity supply problems – wherever mining and the state touch has been a flashpoint. Happily, it seems that the mining companies are reasonably satisfied with the changes coming in … Read more
Peter Major: Chasing ten baggers in SA’s mining industry. And, yes, they exist.
Peter Major is one of the most recognisable of South Africa’s money managers. Outspoken, articulate, forthright – the 59 year old’s opinions are based on a wealth of experience and deep knowledge. We first met three decades back when he was caning his Mining & Resources fund peers, outperforming the next best by ten percentage … Read more