With South Africa facing a slow growth environment, further taxation demands cannot be placed on the corporate sector to fund universities in aid of free education, Chamber of Mines CEO Roger Baxter said on Friday. Read More
The global mining industry is experiencing a lower appetite for expansion from lenders and shareholders, as well as a drop-off in capital expenditure, noted Chamber of Mines CEO Roger Baxter on Wednesday, citing PwC’s Mine 2016 report titled ‘Slower, Lower, Weaker . . . But Not Defeated’. Read More
Digital mine organisation, which uses the internet of things as a platform, is being developed as a pilot project by coal-mining company Exxaro, whose CEO Mxolisi Mgojo said last night that innovative advancement is no longer a nice-to-have but an imperative for mining industry survival into the future. Read More
While, for many decades, the mining industry dominated the South African economy, today it is one of the smallest in terms of GDP contribution, and despite many new mining licences being granted, jobs have declined rapidly. In 1975 the industry contributed just under one million jobs, today that number is less than half a million. Read More
The Chamber of Mines says it is deeply concerned about the state of public institutions in South Africa and will raise the matter with the Presidency. Read More
The Chamber of Mines has come out against the summons of Finance Minister Pravin Gordhan, which saw the rand falling as much as 3% against the dollar on Tuesday. Read More
South Africa’s Chamber of Mines said it was “deeply concerned” about the state of public institutions, a matter it promised to raise with the Presidency. Read More
The Chamber of Mines is supporting the global VCI Innovation State of Play assessment as part of its commitment to innovation in South African mining. Read More
Political stability and SA’s slow growth were particular concerns for the US investors who attended this week’s SA Tomorrow investor conference in New York, but many still see SA as a reasonably good story, relative to the other emerging markets in which they invest. Read More
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