In the news

The Chamber of Mines (CoM) on Thursday said that, despite general uncertainty about the global economy and the direction and sustainability of commodity prices, as well as domestic cost and policy pressures, it seems as if there are “green shoots” of improvements “if one [looks] carefully”. Read More

Let’s chat now to the editor of Mineweb, Warren Thompson, who takes us through some of the main stories of the week.   Read More

The Chamber of Mines said it has no insight into what is causing the delay in the publication of a revised Mining Charter, which was due at the end of March 2017. Read More

The gold mining industry is trying to move sick miners from the Occupational Diseases in Mines and Works Act (ODMWA) to the Compensation for Occupational Injuries and Diseases Act (COIDA). Read More

The Chamber of Mines said on Tuesday that it was deeply concerned about recent developments regarding the request by President Zuma for Finance Minister Pravin Gordhan to return home in the middle of an important international investor roadshows. Read More

Cosatu’s General Secretary Bheki Ntshalintshali believes President Jacob Zuma has embarrassed South Africans over the current Pravin Gordhan matter. Read More

South Africa’s Chamber of Mines did not have any meetings scheduled with the Department of Mineral Resources (DMR) this week which means it would not have been consulted on amendments to the mining charter were it gazetted before month-end. Read More

On Monday it emerged that the chances of President Jacob Zuma sacking Finance Minister Pravin Gordhan were higher than they had been since he was forced to appoint him in December 2015. Read More

Political instability in South Africa would be “slightly negative” for Anglo American as the restructuring of its local assets might be delayed, but gold miners would benefit most, at least in the short term, said Goldman Sachs in a note today. Read More

The Chamber of Mines (CoM) is the latest business entity to express concern that President Jacob Zuma’s unexpected decision to cut short an international investor roadshow led by Finance Minister Pravin Gordhan will leave investors unsettled and raise the possibility of a downgrade. Read More