mine ownership south africa
  • South African mining firms seek charter changes over past ...

    Mar 27, 2019· Mining companies have requested a judicial review of South Africa's 2018 mining charter to change clauses related to transactions made in the past to increase black ownership…

  • Hackers are targeting South African cellphone owners to ...

    Feb 18, 2019· Cryptocurrency-related crime is on the increase in South Africa, with hackers using people's phones to mine cryptocurrencies, Riaan Badenhorst, managing director of cybersecurity experts Kaspersky Lab Africa, said.. Cryptocurrencies is a new way to make payments over the internet, where thousands of computers around the world work together to make transactions and track ownership …

  • Mine Dumps in South Africa: an Ownership Dilemma

    Nov 06, 2013· The South African landscape is filled with mine dumps bearing testament to South Africa's rich mining heritage. In laymen's terms the phrase 'mine dump' refers to an area where excess material containing forms of mineral(s) were left (either valuable or of no value to the miner) by the …

  • Here's a look at South Africa's revised Mining Charter

    The gazetting of the Mining Charter 2018 is a step towards creating regulatory and policy certainty in South Africa's mining industry, says Mineral Resources Minister Gwede Mantashe.

  • All About the Kimberley Diamond Mine in South Africa

    Kimberley, South Africa, is home to the world's largest diamond mine, also known as the "Big Hole."Dug by humans and so large it is visible from space, the pit has yielded some of the world's largest diamonds and made the De Beers name famous worldwide.

  • South Africa raises mine black ownership rules, mining ...

    Jun 15, 2017· South Africa's Chamber of Mines has decided to take the government to court over its decision to raise the threshold for black ownership. Its President Mxolisi Mgojo says the chamber, which ...

  • South Africa prepares for black ownership of mines | CGTN ...

    Mar 20, 2018· South Africa aims to finalise revised plans for black ownership in the mining industry by the end of May, Minister of Mineral Resources Gwede Mantashe said on Tuesday, promising to deliver "policy certainty" to an industry worried about new costs.

  • 2017-03 - How South Africa's mining industry can change ...

    Mar 08, 2017· How South Africa's mining industry can change its ways. 8 March 2017 - Fola Adeleke Mining industry is increasingly cited as a key sector that must yield "radical economic transformation" and help heal SA's deeply divided and unequal society.

  • Here's a look at South Africa's revised Mining Charter

    The Mining Charter is a step towards creating regulatory and policy certainty in South Africa's mining industry, says Gwede Mantashe. ... These are ownership, mine community development ...

  • South Africa's Zwane seeks 30% minimum black mine ...

    *Mines minister said to advocate lifting black stakes in mines *Cabinet gives nod to new draft policy before public debate 26 May 2017, Johannesburg — South African Mines Minister Mosebenzi Zwane has proposed raising the mandatory black ownership of mining assets to 30 percent from 26 …

  • Sishen mine - Wikipedia

    The Sishen mine is a large iron mine located in central South Africa in Kathu, Northern Cape. Sishen represents one of the largest iron ore reserves in South Africa and in the world having estimated reserves of 2.43 billion tonnes of ore grading 58.6% iron metal.

  • The final shape of South Africa's new mining charter

    Dec 17, 2018· The South African Government has finally approved its much-delayed mining charter. While it is designed to boost black ownership of projects, some observers have argued that it could leave local communities even further out of the loop than before.

  • Palabora Mining Company Ltd

    Palabora Copper (Pty) Limited, a subsidiary of Palabora Mining Company Ltd,is a copper mine that also operates a smelter and refinery complex based in the town of Phalaborwa, in South Africa's Limpopo Province. The mine owes its origins to a unique rock formation in the region known as the Palabora Igneous Complex.

  • Improving housing in South Africa – Anglo American

    We engage with the Chamber of Mines and with organised labour to address issues and options for home ownership. While 11,648 employees currently reside in mine accommodation, our objective is to lessen employee dependency on the company to provide accommodation.

  • Land Ownership and Land reform in South Africa | NGO Pulse

    However, any of these figures would push the figure for black land ownership to between 40 percent and 50 percent of South Africa's surface area. If the 49 million hectares of the Western Cape and Northern Cape are subtracted from the total that blacks are entitled, to then their share of ownership would …

  • Mining industry of South Africa - Wikipedia

    Mining in South Africa was once the main driving force behind the history and development of Africa's most advanced and richest economy. Large-scale and profitable mining started with the discovery of a diamond on the banks of the Orange River in 1867 by Erasmus Jacobs and the subsequent discovery and exploitation of the Kimberley pipes a few years later.

  • Miners Drop as South Africa Escalates Black Ownership ...

    Jun 15, 2017· South African regulators unveiled a new mining charter to force companies to give more ownership to black shareholders, sparking a selloff across …

  • South Africa halts new black ownership rules for mines ...

    Jul 14, 2017· South Africa has suspended the implementation of a divisive mining ownership law pending a judgement in an urgent interdict application by mining companies, the country's Chamber of Mines …

  • South32

    Careers at South32. We attract people with exceptional skills, who share our values and want to make a difference with the work they do. As part of our team you will be brave enough to challenge yourself to be the best in what you do.

  • South Africa may enforce law on black ownership of mines ...

    South Africa is said to boast the world's largest reserves of platinum and manganese, and also has gold, iron-ore, coal, chrome and zinc in its deposits. Uncertainty about the mining charter and ownership levels have deterred investment in a sector that accounts for 8 percent of the country's GDP.

  • AngloGold Ashanti plans to sell up in South Africa - Reuters

    23 · "We believe that under the right ownership, our South African assets offer a compelling long-term value proposition that may allow for an extension to Mponeng Mine's current life," Dushnisky ...

  • South Africa's Latest Mining Charter: What's New and Who ...

    Oct 02, 2018· South Africa's Latest Mining Charter: What's New and Who Wins By . Paul Burkhardt, ... always empowered' won't apply if the mining right changes ownership or needs to be renewed. ...

  • Mining Law 2019 | Laws and Regulations | South Africa | ICLG

    Prospecting rights and mining rights in South Africa can be held by foreign entities, whether natural or juristic and the whole of a mining right can be owned directly or indirectly by a foreign entity. If a foreign company conducts business in South Africa it would have to register at least as an external company in terms of the Companies Act.

  • South Africa Manganese

    Our South Africa Manganese operation can be found in the manganese rich Kalahari Basin, in the country's Northern Cape, which is home to 80 per cent of the world's manganese ore body. This manganese business is made up of two manganese mines and an alloy smelter.

  • South Africa's mines minister to challenge court ruling on ...

    Apr 24, 2018· South Africa's mines minister will appeal a court ruling that held that mining companies did not have to maintain at least 26 percent black ownership in perpetuity, the Department of Mineral ...

  • CONTRADICTIONS IN LEGISLATION ON MINING AND ITS …

    LEGISLATION ON MINING AND ITS COMMUNITY BENEFITS February 2015 WHAT'S IN IT FOR SOUTH AFRICA? Mining in the Economy: South Africa has nearly 90% of the world's known platinum reserves and more than 40% of the gold still in the ground; Mining accounts for about R260-billion or 8.3% of total annual production in South Africa.

  • Mining Stocks Tumble As South Africa Re-Writes Ownership ...

    Mining Stocks Tumble As South Africa Re-Writes Ownership Laws A new mining charter will increase mandatory black economic empowerment ownership of mines to 30% in perpetuity. Paul Whitfield

  • South Africa miners face ANC fight over black ownership ...

    South Africa miners face ANC fight over black ownership plans Companies fear government proposal would be financially unsustainable South Africa's government wants to consolidate black ownership ...