The year 2017 will be the 150th anniversary of the discovery of diamonds in South Africa. Actually, that may not be strictly accurate, as diamonds might have been discovered earlier although not put to commercial use. But the discovery of a diamond on the banks of the Orange in 1867 sparked off mining all over the country. Read More
The Chamber of Mines South Africa raised some concerns after the revised version of the Draft Reviewed Mining Charter was released in late 2016. Read More
They call them zama zamas which means ‘those who try their luck’. Wearing his traditional Zulu earrings, looking hirsute with whiskers on his face, this is Dumisani Ngcamu, otherwise known as Ntshebe – ‘the bearded man’. Read More
In a country with unemployment rising above 25 percent, South Africans are increasingly looking for job creation in small-scale mining, an often-informal industry that provides a living for millions across the continent. Read More
South Africa continues to experience slow economic growth of less than one percent. The country is still recovering from the effects of the global financial crisis of 2007/8, while shocks such as Brexit and the decline in commodity prices pose new challenges. Read More
Some 18 months earlier short traders ran Glencore’s stock down 27% using fears about runaway debt for tinder. The response from Glencore was described in November by one analyst as ‘stunning’. Read More
In July, the UN Conference on Trade and Development (Unctad) published a report, Trade Misinvoicing in Primary Commodities in Developing Countries: The cases of Chile, Cote d’Ivoire, Nigeria, SA and Zambia. Read More
According to research commissioned by the South African Chamber of Mines and an independent inquiry by economic consultants Eunomix, the research findings by Unctad are “invalid”. Read More
Die Kamer van Mynwese sê dit is onsin dat Suid-Afrikaanse goudmyne $78,2 miljard se goud tussen 2000 en 2014 onderfaktureer het om belasting en ander verpligtinge vry te spring. Read More
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