With gold prices surging to seven-year highs, it is seemingly a good time to be in the industry. In South Africa, however, the recovery has coincided with, and is being tainted by, a surge in so-called ‘gold raids’, characterised by heavily armed intruders targeting mining companies and smelt houses, holding staff hostage and making off with concentrate and smelted gold. Read More
The launch of the Big Five platinum coin series, aimed at boosting investment demand for platinum, is testament to the wonderful marketing effort of leading members of the South African mining industry, said Implats CEO Nico Muller said on Wednesday. Read More
The government is to make good on President Cyril Ramaphosa’s promise that applications for water-use licences will be processed in 90 days. The undertaking was made during the president’s state of the nation address in February. Read More
A long-awaited platinum coin from SA will go on sale in coming weeks, ending years of pushing from the country’s mining companies for the legal-tender coin to supplement demand for the metal. Read More
Prestige Bullion, a joint venture between the South African Mint and precious metals smelter Rand Refinery, will produce a new range of platinum coins, suited to retail investors, this year. Read More
South Africa’s mining lost at least R7-billion due to load-shedding, according to data from the Minerals Council South Africa, formerly known as the Mining Chamber. Read More
The Minerals Council South Africa has launched a campaign to address sexual and gender-based violence and harassment on South Africa’s mines and in mining and labour-sending communities. Read More
Following the first confirmed Covid-19 case in South Africa yesterday, Minerals Council South Africa has set out its planning measures to mitigate the impact of an outbreak on the country’s mining industry. The council said that the special circumstances of the mining sector could make it vulnerable to transmission of the novel coronavirus. Read More
Minerals Council South Africa yesterday launched a campaign to address sexual and gender-based violence and harassment on South Africa's mines and announced a bold target to boost the number of women in the mining industry by 150percent. Read More
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