In the news

Speaking at the SA-Russia PGM conference, the mineral resources minister said SA could not sustain its mining unless proper exploration measures were conducted. Read More

In the eyes of many, the South African gold mining industry has had its day. For over a decade, gold production has steadily declined. As mines have become deeper, working places are further and further away from infrastructure (and therefore less time is spent at the face), costs have spiralled, and profit margins have been squeezed, if not decimated. Read More

A significant increase in the wage bill was likely to push South Africa’s gold sector further into the red, said BusinessLive citing comments from the Minerals Council which said three-quarters of gold mines were unprofitable or just at break-even. Read More

South Africa’s biggest gold producers and mining unions start wage talks Wednesday against the backdrop of stark declines in the industry that was once the world’s largest. Read More

Three-quarters of SA’s gold mines are unprofitable or barely making money, says the Minerals Council SA as the sector enters wage talks that some participants hope will reflect the realities bedevilling the sector. Read More

Following my Business Insider piece last week (What Gwede Mantashe can learn from the failing fortunes of General Electric) an old school chum sent me a response from Mexico. Read More

The mining industry is the foundation of South Africa’s modern economy. It was the reason for the development of most other economic sectors, from the steel industry to construction, forestry, and financial services, including the Johannesburg Stock Exchange. Read More

Any evaluation of the draft new Mining Charter Mineral Resources Minister Gwede Mantashe gazetted last week needs two starting points. Read More

Mineral Resources Minister Gwede Mantashe says the draft is a product of widespread consultation between all sectors. Read More

The Minerals Council South Africa believes that much more work needs to be done to create a Mining Charter that promotes competitiveness, investment, growth and transformation for the growth and prosperity of South Africa. Read More