R/€ = 16.60 Change: 0.01
R/$ = 14.80 Change: 0.01
Au 1340.25 $/oz Change: -14.67
Pt 803.00 $/oz Change: -11.09


DTI forges ahead with product standardisation task

By: Mamaili Mamaila     14th June 2019 Following Mining Charter III’s call to the Department of Trade and Industry (DTI) to develop a “Standardised Coding and Product Identification System in the Mining Supply Chain” whereby products can be identified using a unique name and code, the department has established a multistakeholder... 

Mining Charter III part of efforts to bring ‘equality to reality’ – Mantashe 

By: Rebecca Campbell     7th June 2019 The latest (third) iteration of the Mining Charter must not be viewed in isolation, but rather seen within the context of the socioeconomic transformation of South Africa, affirmed Minerals Resources and Energy Minister Gwede Mantashe in a keynote address to a recent colloquium hosted by the... 

Junior Indaba panel finds sentiment in Charter towards juniors still lacks  

By: Marleny Arnoldi     4th June 2019 Opening the Junior Indaba, in Auckland Park, on Tuesday, chairperson Bernard Swanepoel questioned whether Mining Charter III had helped to kickstart exploration activity in South Africa’s mining sector. Swanepoel mentioned that the prevailing sentiment seemed to be that, while the gazetted... 

Junior mining badly in need of kickstart – Swanepoel   

By: Martin Creamer     4th June 2019 Junior mining is badly in need of a policy framework that will kickstart activity, mining luminary Bernard Swanepoel said on Tuesday. Speaking to a packed 2019 Junior Indaba conference for explorers, developers and investors in junior mining, Swanepoel outlined how he had boldly stepped into the... 

Orion takes steps to meet Mining Charter III ownership requirements 

By: Marleny Arnoldi     3rd June 2019 JSE- and ASX-listed Orion Minerals has established community and employee trusts for its Prieska project, in the Northern Cape, to meet the ownership structure requirements set out in Mining Charter III. The Master of the High Court confirmed the registration of both a community and an employee... 

SA data pricing transformation key to future growth – Vodacom

By: Natasha Odendaal     31st May 2019 A successful data pricing transformation and reducing the cost to communicate will be key for the future growth of telecommunications giant Vodacom. The initial financial impacts of further reducing the cost-to-communicate in South Africa, combined with costs associated with concluding its new... 

Industry generally welcomes Gwede Mantashe as Minerals and Energy Minister 

By: Simone Liedtke     30th May 2019 In a move that has, so far, generally been welcomed by the mining industry, President Cyril Ramaphosa has appointed Gwede Mantashe as the Mineral Resources and Energy Minister. This, law firm Herbert Smith Freehills director Patrick Leyden says, follows on the back of Mantashe having made... 

Researchers at Mandela Mining Precinct deserve strong support 

By: Martin Creamer     29th May 2019 Following a period of marked disintegration of mining research in South Africa, there is now a positive new thrust emerging from the research, development and innovation (RDI) units active at the Mandela Mining Precinct in Carlow Road, Johannesburg. These RDI teams are making use of the exciting... 

Areas of uncertainty regarding Mining Charter likely to raise compliance costs 

By: Tasneem Bulbulia     28th May 2019 Although Mining Charter III has resulted in greater collaboration between stakeholders across the mining industry, while taking into account the realities facing the industry, areas of uncertainty remain and these are likely to raise compliance costs. This was discussed during a Webber Wentzel... 

Mining Charter III provisions seen by some as too onerous for junior miners 

By: Nadine James     24th May 2019 There should be a new regulatory regime for juniors – one that adheres to the spirit of Mining Charter 3, but which introduces reasonable and achievable transformation and procurement targets relative to the size and financial constraints of junior and emerging miners, says Eversheds Sutherland... 

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