De Beers seeks world class deposits in India

A subsidiary of gem giant De Beers, De Beers India, and Hindustan Diamond Company (HDC) yesterday signed a memorandum of understanding (MoU), whereby HDC will subscribe for a 26% interest in De... 

Cape Town steel firm appeals incentive refusal

A Cape Town producer of steel billets and reinforcing bars has lodged an appeal against the Department of Trade and Industry's (DTI) decision not to approve the company's expansion as a strategic... 

SA again urged to employ profit-based royalties

Yet another voice has joined the growing protest over the South African government's plan to introduce a revenue-based royalty regime for the country's mining industry. 

Lonmin set for 1,1m ounces by 2010

Platinum producer Lonmin said last week it has positioned itself for the conversion of its mining rights to new-order rights under South Africa’s new mining legislation, and also stated that... 

State mulls creation of own cement, brick factories

The Department of Housing's far-reaching plan to provide housing for all South Africans will not only affect issues such as service delivery and access to credit and subsidies, but will also have... 

Platinum giant rolls-out mechanisation

The world's second-biggest platinum producer is implementing a successful mechanisation programme at its Rustenburg operation, operations executive Paul Visser told Mining Weekly Online yesterday. 

Final draft of tourism BEE scorecard by Dec

South Africa can expect to see a black economic empowerment (BEE) scorecard for the tourism industry by December, when the steering committee responsible for drawing up the document will present... 

HIV/Aids guide for mining industry launched

The International Finance Corporation (IFC) yesterday launched an HIV/Aids guide for the Southern African mining sector, setting down guidelines for companies to come to grips with the pandemic. 

'SA manufacturing more competitive than Europe, US'

South African Minister of Public Enterprises Alec Erwin on Friday declared that the country is more competitive and productive in terms of manufacturing than Europe or the US, and added that South... 

Electronics firm poised for growth in Australia

Electronics and electrical engineering group Reunert has established a foothold in Australia, and is confident that the acquisition of Heinemann Australia, for R25,1-million, will help to grow its... 

Recycling poses threat to platinum-miners

The recycling of platinum and palladium could pose a threat to primary producers of platinum-group metals (PGM), with secondary supply expected to establish a base load source of metal to the... 

SA revenue service seeks to build partnerships

The South African Revenue Service (Sars) is currently in the early stages of improving efficiencies and changing the tax compliance culture of the country, but great strides are expected in these... 

Lonmin set for 1,1m ounces by 2010

Platinum producer Lonmin said yesterday it has positioned itself for the conversion of its mining rights to new-order rights under South Africa's new mining legislation, and also stated that it is... 

Mintek probes platinum-recycling opportunities

South African State-owned metallurgical agency Mintek is currently evaluating the option of establishing a local platinum-group metals (PGM) recycling industry. 

South Africa again urged to review gold ownership laws

A gold accumulation plan – a savings plan whereby a sum of money is invested monthly in gold – would be popular in South Africa, an industry observer says, but such an initiative would contravene... 

Recycling poses threat to platinum miners

The recycling of platinum and palladium could pose a threat to primary producers of platinum-group metals (PGM), with secondary supply expected to establish a base load source of metal to the... 

Foreign miner says royalty plan will hurt SA

While foreign direct investment is a crucial element of ensuring the future success of South Africa's mining industry, the country faces fierce global competition for capital, and some of its new... 

Reunert positioned for growth in Australia

Electronics and electrical engineering group Reunert has established a foothold in Australia, and is confident that the acquisition of Heinemann Australia, for R25,1-million, will help to grow its... 

Telkom invests in network evolution as competition looms

The liberalisation of the South African telecommunications sector, from the beginning of next year, has prompted the county's fixed-line monopoly, Telkom, to identify network evolution as a key... 

Khula announces major turnaround plan

South Africa's State-owned financing agency, Khula Enterprise Finance, announced plans to launch an aggressive turnaround strategy in response to what it termed “issues of concern raised by... 

Joburg property agency unveils new strategy

The City of Joburg Property Company (JPC) said late last month that it has shifted its focus away from property sales and auctions in favour of developing a stronger focus on asset management,... 

SA still missing out on commodity boom

The sustained strength of the South African currency for most of 2004 makes it evident that there will be no notable recovery in the mineral sales figures for the year when these are released in... 

E-governance can support Africa in good-governance drive

African leaders should support and become involved in a knowledge-driven initiative for the social, economic and technological rebirth of Africa, in an effort to prevent the continent from becoming... 

SA again urged to review gold ownership laws

A gold accumulation plan - a savings plan whereby a sum of money is invested monthly in gold - would be popular in South Africa, an industry observer says, but such an initiative would contravene... 

R15bn for job-intensive infrastructure projects

It is anticipated that South Africa will spend R15-billion on infrastructure development through the Expanded Public Works Programme (EPWP) over the next five years, a Department of Public Works... 

Final draft of ICT charter released

The information, communication and technology (ICT) empowerment charter working group yesterday released the final draft of the document, saying the process was on track for the empowerment charter... 

Trans Hex strengthens Angolan position

South African gem-miner Trans Hex yesterday said its mining activities in Angola have increased, and its position in that country was further strengthened with the appointment of a full-time... 

Gauteng unveils five-year transport plan

Economic successes have put additional pressures on the Gauteng province's infrastructure, while the evolution and implementation of integrated planning and provisioning for infrastructure... 

Built environment industry urged to focus on safety

South African Public Works Minister Stella Sigcau on Friday called on the built environment industry to start giving health and safety in the construction sector “the priority it... 

SA unveils new-look R7,7bn taxi recap vision

The South African government yesterday announced a revision of its taxi recapitalisation programme, after Cabinet on Wednesday moved to change the format of the programme in a bid to make it more... 

Mobile giant in 3G deal with UK's Vodafone

South African mobile telecommunications giant Vodacom yesterday announced that it has joined a global partnership with UK-based Vodafone, to market Vodafone's next generation mobile services in... 

Transport infrastructure shortcomings hurt mining

Transport infrastructure shortcomings in South Africa make it impossible for the country's mining industry to meet not only the current demand from China, but also a number of potentially... 

SA still missing out on commodity boom

The sustained strength of the South African currency for most of 2004 makes it evident that there will be no notable recovery in the mineral sales figures for the year when these are released in... 

SA needs new R&D focus - minister

South Africa needs to redirect its research and development focus from its pre-1994 emphasis on military technologies to new missions to improve national economic competitiveness and quality of... 

Joburg property agency unveils new strategy

The City of Joburg Property Company (JPC) said on Friday that it has shifted its focus away from property sales and auctions in favour of developing a stronger focus on asset management, leasing... 

Steel prices stymie local manufacture of cheap gas cooker

Heeding government's call to provide affordable, safe and accessible energy to the South African domestic market, Easigas - a division of Shell South Africa Marketing - yesterday launched the... 

ERPM lives to fight another day

Marginal South African gold operation East Rand Proprietary Mines (ERPM), set for closure in May next year, has been thrown a lifeline, which could mean that some 2 000 miners' jobs are secure for... 

DRD sees consolidation-linked growth in SA

South Africa's fourth-largest gold producer, Durban Roodepoort Deep (DRD), said yesterday that, while it does not see growth opportunities in the country through exploration or expansion, it does... 

SA truck sector positioned for future growth

The South African truck sector is poised for significant growth, after achieving its best sales year ever in 2004, barring an unnatural spike in sales more than two decades ago. 

SA to start producing new Mercedes model in 2007

Automotive giant DaimlerChrysler South Africa (DCSA) is poised to start production of the new Mercedes-Benz C-Class in 2007, which will be delivered to several new export markets, in addition to...