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World Economic Forum releases new Shaping the Fourth Industrial Revolution book
The World Economic Forum today, 18 January 2018, released...
WhereIsMyTransport to host CONNECT Hackathons across Africa
WhereIsMyTransport has partnered with Facebook for Developers to host the CONNECT...
World Economic Forum 2018 – impact for South African Investors
It’s that time of year again where more than...
Business acumen key for growing entrepreneurs in South Africa
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Top property trends 2018 in South Africa
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JSE continues to lag behind global markets
Over the past five years, local markets returned just...
Burkina Faso hosts first Pan-African democratic governance meeting
Burkina Faso hosted the first Pan-African meeting designed to...
MTN South Africa invested ZAR30 billion in network infrastructure
MTN has invested more than ZAR30 billion (about $2.4...
IFC named top investor in Partech Africa €100 million VC fund
IFC, a member of the World Bank Group, has...
Ramaphosa talks tough against corruption ahead of WEF
South Africa’s deputy president and new leader of the...

Mining

SOUTH32 awards ZAR158 million Coal Contract to black-owned mining company

Thursday, June 22nd, 2017

SOUTH32 awards ZAR158 million Coal Contract to black-owned mining company

South32 has awarded a core mining contract to Broad Based Black Economic Empowerment company, Modi Mining. The three-year, ZAR158 million contract will see Modi Mining engaged at South32’s Wolvekrans Middleburg Complex. Modi Mining will work closely with the Wolvekrans mining and planning teams to plan and deliver various sub-processes, including top soiling and stripping overburden.

South African Chamber of Mines slams new Mining Charter

Wednesday, June 21st, 2017

South African Chamber of Mines slams new Mining Charter

As expected the most contentious provisions are the new requirement for mining companies to achieve a 30% level of black shareholding within the next twelve months. This will apply to structures that already meet the current 26%...

Sibanye completes $1.05 billion corporate bond offering

Wednesday, June 21st, 2017

Sibanye completes $1.05 billion corporate bond offering

Sibanye has successfully completed a US$1.05 billion international corporate bond offering, which was approximately two times oversubscribed. The bonds comprise two tranches: a $500 million 5 year (non-call 2) note that will carry a 6.125% coupon and...

Ken MacKenzie to become BHP Chairman

Tuesday, June 20th, 2017

Ken MacKenzie to become BHP Chairman

The BHP Board has elected Ken MacKenzie to succeed Jac Nasser as Chairman. MacKenzie will assume the role of Chairman effective 1 September 2017, following Mr Nasser’s retirement as both Chairman and a Non-executive Director. The appointment...

SA Chamber of mines rejects mining charter unilateral development

Monday, June 19th, 2017

SA Chamber of mines rejects mining charter unilateral development

The Chamber of Mines of South Africa notes the publication of the South African Department of Mineral Resources (DMR) version of the Reviewed Mining Charter. The Chamber rejects the unilateral development and imposition of the DMR’s Charter...

African Rainbow Minerals appoints new Financial Director

Tuesday, June 13th, 2017

African Rainbow Minerals appoints new Financial Director

Abigail Mukhuba has been appointed as the new Financial Director for African Rainbow Minerals (ARM). The announcement comes after Mike Arnold indicated he plans to retire from his position, after eight years in the role. A smooth...

Coal of Africa – Competition Commission approves Uitkomst acquisition

Friday, June 9th, 2017

Coal of Africa – Competition Commission approves Uitkomst acquisition

Coal of Africa Limited  has confirmed that the South African Competition Commission has unconditionally approved CoAL’s acquisition of 100% of the shares in and claims against Pan African Resources Coal Holdings Proprietary Limited (PAR Coal) (the Transaction)...

PwC Mine 2017 report -Mining Industry in Africa returns to profitability

Wednesday, June 7th, 2017

PwC Mine 2017 report -Mining Industry in Africa returns to profitability

According to PwC’s Mine 2017 report (www.PwC.com), the world’s Top 40 miners recovered from a race to the bottom, with bolstered balance sheets and a return to profitability in 2016, giving them much-needed space to pause and...

Anglo American appoints Stuart Chambers as Chairman

Wednesday, June 7th, 2017

Anglo American appoints Stuart Chambers as Chairman

Anglo American, announces the appointment of Stuart Chambers as Chairman. Chambers will join the Board of Anglo American as a non-executive director and Chairman Designate on 1 September 2017 and will become Chairman on 1 November 2017....

Bushveld Minerals to settle bridge loan facility of up to $11 million

Tuesday, June 6th, 2017

Bushveld Minerals to settle bridge loan facility of up to $11 million

Bushveld Minerals Limited, the vanadium producing company with a diversified projects portfolio of tin and coal assets in Southern Africa, today provides the following update on the financing agreements, in support of the acquisition by Bushveld Vametco...

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