In the news

In a country with unemployment rising above 25 percent, South Africans are increasingly looking for job creation in small-scale mining, an often-informal industry that provides a living for millions across the continent. Read More

South Africa continues to experience slow economic growth of less than one percent. The country is still recovering from the effects of the global financial crisis of 2007/8, while shocks such as Brexit and the decline in commodity prices pose new challenges. Read More

Some 18 months earlier short traders ran Glencore’s stock down 27% using fears about runaway debt for tinder. The response from Glencore was described in November by one analyst as ‘stunning’. Read More

In July, the UN Conference on Trade and Development (Unctad) published a report, Trade Misinvoicing in Primary Commodities in Developing Countries: The cases of Chile, Cote d’Ivoire, Nigeria, SA and Zambia. Read More

According to research commissioned by the South African Chamber of Mines and an independent inquiry by economic consultants Eunomix, the research findings by Unctad are “invalid”. Read More

Die Kamer van Mynwese sê dit is onsin dat Suid-Afrikaanse goudmyne $78,2 miljard se goud tussen 2000 en 2014 onderfaktureer het om belasting en ander verpligtinge vry te spring. Read More

A report commissioned by the Chamber of Mines (CoM), following reports by the United Nations Conference on Trade and Development (Unctad) that alleged South Africa’s mining industry systematically indulged in fraudulent misinvoicing to evade taxes and other legal obligations, has found the Unctad report to be “flawed” and “empirically incorrect”. Read More

South African mining production growth slipped back into negative territory in October, falling 2.9% year-on-year after growing by an upwardly revised 4.7%. Read More

The SA Chamber of Mines on Thursday briefed the Portfolio Committee on Mineral Resources on the mining industry’s investment case. Read More

In light of the challenges faced by South Africa’s mining industry and its contribution to the South African economy, the Chamber of Mines (CoM) of South Africa on Wednesday briefed the Portfolio Committee on Mineral Resources on the mining industry’s investment case. Read More