In the news

The Mineral and Petroleum Resources Development Amendment (MPRDA) Bill in its current form should be entirely withdrawn. Read More

The prioritisation of the ownership issue sidelines all the other empowerment channels that could make an impact. Read More

The South African mining industry will continue operating in an uncertain and damaging environment after the long-awaited review of the suspended third Mining Charter in the High Court in Pretoria was postponed to mid-February from mid-December. Read More

South Africa’s High Court has postponed a hearing into the Mining Charter which had been set for December 13 and 14 deciding instead that the scale and complexity of the matter required a three day inquiry. Read More

Organisation says the downgrade reflects declining confidence in the management of SA’s economy. Read More

 South Africa’s parliament will miss a December target to pass changes to mineral resource laws, seen as key for greater investor certainty, a senior parliamentary official said on Tuesday. Read More

Up to 48,000 jobs would be lost in South Africa’s gold and platinum sector were the country’s power utility, Eskom, granted a 19.9% increase in the annual tariff, said the Chamber of Mines in a statement today. Read More

The National Energy Regulator of SA (Nersa) needs to find a short-term solution to help Eskom to get out of its financial crisis but this should be conditional on an immediate structural adjustment programme, Henk Langenhoven, chief economist at the Chamber of Mines, said on Friday. Read More

The Chamber of Mines (CoM) on Friday opposed State-owned power utility Eskom’s proposed 19.9% tariff increase application, stating that the increase would send South Africa into a vicious downward spiral of higher electricity prices, lower growth and lower electricity consumption. Read More

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