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 South Africa’s parliament will miss a December target to pass changes to mineral resource laws, seen as key for greater investor certainty, a senior parliamentary official said on Tuesday. Read More

Up to 48,000 jobs would be lost in South Africa’s gold and platinum sector were the country’s power utility, Eskom, granted a 19.9% increase in the annual tariff, said the Chamber of Mines in a statement today. Read More

The National Energy Regulator of SA (Nersa) needs to find a short-term solution to help Eskom to get out of its financial crisis but this should be conditional on an immediate structural adjustment programme, Henk Langenhoven, chief economist at the Chamber of Mines, said on Friday. Read More

The Chamber of Mines (CoM) on Friday opposed State-owned power utility Eskom’s proposed 19.9% tariff increase application, stating that the increase would send South Africa into a vicious downward spiral of higher electricity prices, lower growth and lower electricity consumption. Read More

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Massive job losses await South Africa if Eskom’s requested tariff hike is granted, the National Energy Regulator of South Africa (Nersa) has heard at hearings. Read More

 The Chamber of Mines suffered a setback in its efforts to review and set aside the third iteration of the Mining Charter after it failed to block three community and environmental groups from joining its court battle against Mineral Resources Mosebenzi Zwane and the Department of Mineral Resources. Read More

 Ownership of the South Africa mining industry by HDSAs stood at 39% in 2016 which is significantly above the Charter target of 26%. Read More

The first of two legal showdowns between the Chamber of Mines and the Department of Mineral Resources starts in the High Court in Pretoria on Thursday over the interpretation of clauses around ownership in the first two mining charters. Read More

A provision in the disputed 2017 Mining Charter which requires holders of mining rights to top up the black ownership of its mines to 30% if it falls short, could steer away investment, a court has heard. Read More