A report commissioned by the Chamber of Mines (CoM), following reports by the United Nations Conference on Trade and Development (Unctad) that alleged South Africa’s mining industry systematically indulged in fraudulent misinvoicing to evade taxes and other legal obligations, has found the Unctad report to be “flawed” and “empirically incorrect”. Read More
South African mining production growth slipped back into negative territory in October, falling 2.9% year-on-year after growing by an upwardly revised 4.7%. Read More
In light of the challenges faced by South Africa’s mining industry and its contribution to the South African economy, the Chamber of Mines (CoM) of South Africa on Wednesday briefed the Portfolio Committee on Mineral Resources on the mining industry’s investment case. Read More
Paul Dunne, CEO of Northam Platinum, added his voice to industry concerns regarding the condition of South Africa’s mining sector saying investors were “getting very worried”. Read More
A thoroughly unimpressed Chamber of Mines is frustrated with the way in which the Department of Mineral Resources has gone about constructing the new mining charter which is due to be gazetted in December. Read More
South African miners will explore all options, including legal challenges, to oppose the country’s planned Mining Charter, if the government implements new levies and black-ownership targets as proposed. Read More
South Africa’s mining industry faces additional levies and taxes of between an estimated R2bn to R3bn a year whilst R2bn already contributed by it for human resource development will be diverted into a new tax collection entity. Read More
Page 92 of 107
This site uses cookies to enhance your website experience. By clicking the Accept All button,
you consent to these cookies. You can learn more about cookies and how we use them by viewing
our Cookie
Policy.