https://www.engineeringnews.co.za
Africa|Coal|Mining
Africa|Coal|Mining
africa|coal|mining

Unlisted mining companies must at least be made to sign the King Code

23rd July 2021

By: Martin Creamer

Creamer Media Editor

     

Font size: - +

There are just far too many unlisted mining companies in South Africa that are extracting what belongs to us all without us being able to see rehabilitation and transfer pricing conformance.

There are about 400 commercial operating mines in South Africa but only 41 mining companies listed. South Africa’s policy and legislation have broken the important link between its mining industry and its public market. South Africans need to talk up loudly to modify this worrying situation, particularly owing to South Africa refusing to belong to the Extractive Industry Transparency Initiative, the international initiative that lifts transparency and combats corruption within extractive industries.

Companies that refuse to list – and we now have more manganese, chrome and coal mines than ever – should at least be made to meet the requirements of the King Code to ensure governance.

To watch Creamer Media's latest video reports, click here
 

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

Comments

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Yale Lifting Solutions
Yale Lifting Solutions

Yale Lifting Solutions is a leading supplier of lifting and material handling equipment in Southern Africa. Yale offers a wide range of quality...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.1 0.151s - 139pq - 2rq
Subscribe Now