MINING.COM

South African court backs industry on black ownership

Uncertainty around the Mining Charter and ownership levels have deterred investment in a sector that accounts for 8% of the country's economic output.

Reuters | April 4, 2018 | 10:14 am

Post-Mugabe Zimbabwe mining rush leaves big producers behind

The government says mining commitments reached as much as $6 billion since Mnangagwa’s appointment.

Bloomberg News | April 3, 2018 | 1:21 pm

Murray & Roberts scores $313 million worth of new mining projects

South African engineering and construction group, currently subject of a takeover bid from Germany’s ATON, said projects were located in sub-Saharan Africa, North America and Australasia.

Cecilia Jamasmie | April 3, 2018 | 9:54 am

Sibanye-Stillwater partners with Wits to create the ‘mine of the future’

In partnership with the Wits Mining Institute (WMI) at the University of the Witwatersrand, the company launched the Sibanye-Stillwater Digital Mining Laboratory (DigiMine).

Sibanye-Stillwater | March 28, 2018 | 6:42 am

DRDGold okays Sibanye-Stillwater $110 million-assets exchange deal

South Africa’s top gold producer has secured a 38% stake in DRDGold in exchange for some of its assets, which boosts the mid-tier gold miner’s reserves by 91% to 5.7 million ounces.

Cecilia Jamasmie | March 28, 2018 | 3:58 am

Platinum mines in the world’s top producer are shrinking

Producers in South Africa are closing shafts and cutting jobs as a stronger rand combines with stagnating prices for the metal in squeezing profit margins.

Bloomberg News | March 26, 2018 | 11:14 am

Zimbabwe hopes to transform mining sector with $4.2 bln platinum deal

It was unclear where all the funding would come from and analysts said the project start date of July looked very ambitious.

Reuters | March 22, 2018 | 11:48 am

South Africa black ownership to roll out in May

Newly appointed Minister of Mineral Resources Gwede Mantashe said the key to regain investors and miners confidence in the South Africa’s mining sector was to finalize revised plans for black ownership in the industry in the coming weeks.

Cecilia Jamasmie | March 20, 2018 | 9:50 am

Zimbabwe changes majority black ownership for diamond, platinum mines

The mpowerment laws now limit majority ownership by state miners only to the diamond and platinum sectors, as oppose to the entire mining sector.

Cecilia Jamasmie | March 19, 2018 | 3:44 am

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