South African mining could experience the same recovery under way in most other mining jurisdictions relatively quickly because its lagging relates overwhelmingly to injurious policy and not to the absence of inherent physical potential. Read More
In 39 years, finding gold in South Africa’s mine reserves might be an actual hunt for treasure. Stats SA recently announced that with the present production levels, there are only 39 years of accessible gold reserves remaining in SA mines. Read More
The case to review the new version of the Mining Charter will be heard from February 19 to 21 at the Pretoria High Court. The proceedings will involve mines and controversial Mineral Resources Minister Mosebenzi Zwane, and unions and community organisations. Read More
The class action, brought by thousands of mineworkers who contracted lung diseases while working for SA gold miners, has been postponed as the parties are close to a settlement, lawyers for the companies said. Read More
In a clear sign that a multibillion-rand settlement between gold mining companies and lawyers representing tens of thousands of former mine workers with lung sickness silicosis is near; both sides have asked for and have been granted a postponement of an appeal at the Supreme Court of Appeal. Read More
Many of the nearly 500 000 miners who contracted silicosis and tuberculosis are from neighbouring countries that supplied labour to South African mines. Read More
Uncertain policy caused by the Reviewed Mining Charter, the MPRDA Amendment Bill, and allegations of corruption and state capture have paralyzed the mining industry. Read More
Chamber of Mines CEO Roger Baxter said: “The newly elected president of the ANC and members of the national executive committee have a considerable task at hand and, on behalf of the mining industry, we wish them well. Read More
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