In the news

South Africa’s mining sector which is a key pillar of the economy is in crisis. Read More

Paul Dunne, CEO of Northam Platinum, added his voice to industry concerns regarding the condition of South Africa’s mining sector saying investors were “getting very worried”. Read More

A thoroughly unimpressed Chamber of Mines is frustrated with the way in which the Department of Mineral Resources has gone about constructing the new mining charter which is due to be gazetted in December. Read More

South African miners will explore all options, including legal challenges, to oppose the country’s planned Mining Charter, if the government implements new levies and black-ownership targets as proposed. Read More

South Africa’s mining industry faces additional levies and taxes of between an estimated R2bn to R3bn a year whilst R2bn already contributed by it for human resource development will be diverted into a new tax collection entity. Read More

South African miners will explore all options, including legal challenges, to oppose the country’s planned Mining Charter if the government implements new levies and black-ownership targets as proposed. Read More

The release in December of the final draft of the third iteration of the Mining Charter has pushed the Chamber of Mines’ patience to breaking point, prompting CEO Roger Baxter to deliver an unusually fiery attack on the Department of Mineral Resources, exposing rifts in the sector. Read More

The Chamber of Mines has laid into a Department of Mineral Resources (DMR) proposal in the newly redrafted mining charter that seeks to impose a 1% levy on mining company revenues for community development. Read More

The Chamber of Mines says the Department of Mineral Resources is now trying to change the definition of transformation in the mining charter. Read More

Delays in finalising the charter and the court action over the 'once empowered always empowered' principle have caused uncertainty among investors. Read More