In the news

There are claims that South African companies are hoarding cash as a protest against the ANC government’s policies or lack of policy. Read More

Mineral Resources Minister Mosebenzi Zwane’s mining charter threw the industry into turmoil. Despite backing the charter, he hasn’t yet been able to defend it in court, once again postponing the review application from the Chamber of Mines. Read More

There's more than meets the eye to the Chamber of Mines’ decision not to interdict the redrafted Mining Charter. This is according to market sources who say the Chamber may concluded a strategic masterstroke. Read More

On the eve of an urgent interdict against the latest Mining Charter, Mineral Resources Minister Mosebenzi Zwane reached an agreement with the Chamber of Mines to wait for a judicial review in December rather than appear in court on Thursday. Read More

Two years ago – when interviewed for the 2015 Miningmx yearbook – AngloGold Ashanti CEO Srinivasan ‘Venkat’ Venkatakrishnan hit all the right optimistic notes required from a heavyweight South African mining executive talking about the future of the country’s mining sector. Read More

Moody’s ratings agency warned on Tuesday that ongoing regulatory uncertainty in SA coupled with a firmer rand against the dollar would hasten the closure of the country’s gold and platinum mines. Read More

The writing is on the wall for some of South Africa’s gold and platinum mines, according to a report by ratings agency, Moody’s, which said companies such as AngloGold Ashanti, Gold Fields and Sibanye-Stillwater were likely to continue restructuring, especially if expansionary capital was held in abeyance. Read More

Chamber of Mines chief executive Roger Baxter has told delegates at the Africa DownUnder Conference in Perth that the local mining industry was in a crisis and Mining Minister Mosebenzi Zwane paid scant attention to the matter. Read More

The ownership targets set out in the third revision of the Mining Charter will primarily benefit South Africa’s state mining company and a small elite at the pinnacle of the ANC. Read More

The Chamber’s chief executive says the DMR’s Mining Charter is designed to benefit a select few at the expense of the whole country. Read More