‘Wake up and smell the coffee!’ Mantashe tells Australian mining company

MSR has applied to Mantashe’s department for a huge expansion of its current mining area at Tormin.

Mineral Resources Minister Gwede Mantashe has delivered a tough message to the controversial Australian mining company that owns and operates Tormin, a highly profitable mineral sands mine on the West Coast near Lutzville through its South African subsidiary.

‘Wake up and smell the coffee!’ Mantashe tells Australian mining company
‘Wake up and smell the coffee!’ Mantashe tells Australian mining company

‘Wake up and smell the coffee!’ Mantashe tells Australian mining company

MSR has applied to Mantashe’s department for a huge expansion of its current mining area at Tormin.

Trump wants fierce World Bank critic to become its leader

Trump wants fierce World Bank critic to become its leader

President Donald Trump’s choice to lead the World Bank is a firebrand critic of the world’s largest anti-poverty lender.
Sona focused on reviving growth with enhanced policy certainty – Investec

Sona focused on reviving growth with enhanced policy certainty – Investec

An economist notes that the uncertainty surrounding the land reform programme is still causing doubts.
Ramaphosa to lead SA delegation to AU Summit in Addis Ababa

Ramaphosa to lead SA delegation to AU Summit in Addis Ababa

The summit is expected to deliberate on a number of other important issues, including the institutional reform and financing of the continental body.
Ramaphosa correctly prioritised economy in Sona – Agbiz

Ramaphosa correctly prioritised economy in Sona – Agbiz

The CEO applauded the singling out of the agriculture sector for special development support as a labour-intensive industry.
Israeli company attempts to purchase SA dairy company, faces boycott threats

Israeli company attempts to purchase SA dairy company, faces boycott threats

Shares in Clover fell as much as 10% on Thursday after the Brimstone announcement.
SA travel conference rescheduled due to May election date

SA travel conference rescheduled due to May election date

The Africa Travel Indaba is the continent’s biggest travel and trade show.
SA metalworkers union slams govt plans to split power utility Eskom

SA metalworkers union slams govt plans to split power utility Eskom

In his address to parliament, Ramaphosa said the utility would be divided into three entities as part of a new business model.
Twitter profit soars as user base shrinks

Twitter profit soars as user base shrinks

Twitter on Thursday reported a sharp rise in quarterly profits, lifted by gains in advertising, but its shares took a hit on a declining user base and a move to a new audience measure.
SMEs urge Ramaphosa to prioritise, fund the sector more

SMEs urge Ramaphosa to prioritise, fund the sector more

The tourism industry’s performance has apparently been on the decline, prompting them to ask for funding as well.
Facebook limited in how it can collect data in Germany

Facebook limited in how it can collect data in Germany

Users must in future be asked for their specific consent before data is collected from subsidiaries like Whatsapp and Instagram.
Mantashe hails Total’s discovery of gas as major boost for SA economy

Mantashe hails Total’s discovery of gas as major boost for SA economy

The minister says it is a good thing that new bill to separate oil and gas from the mining legislation is in the process of being developed.
Annual Mining Indaba wraps up on Thursday

Annual Mining Indaba wraps up on Thursday

The week’s conference coincided with the commemoration of the presumed death of three workers at Lily Mine.
Not enough being done to attract investment in SA mining industry, says analyst

Not enough being done to attract investment in SA mining industry, says analyst

The analyst claims there are far better mining opportunities elsewhere in the world.
Industry welcomes Ramaphosa’s assurances on enabling environment

Industry welcomes Ramaphosa’s assurances on enabling environment

The Minerals Council also welcomes the government’s commitment to addressing infrastructure constraints that limit mining and processing.
SA business confidence flat amid little real economic progress – Sacci

SA business confidence flat amid little real economic progress – Sacci

The chamber movement says that investor confidence remains the panacea to higher growth in 2019 and beyond.
Skill levels a big concern for SA’s economic growth – business seminar hears

Skill levels a big concern for SA’s economic growth – business seminar hears

The country needed to suitably equip its young population to find jobs, says Prof. André Roux.
Sappi says business shows resilience in difficult climate

Sappi says business shows resilience in difficult climate

‘Profitability was in line with our guidance at the end of the 2018 financial year,’ says COO.
African mining shows steady progress in an uncertain world – Standard Bank

African mining shows steady progress in an uncertain world – Standard Bank

Despite escalating trade wars keeping commodity prices in check, as well as regulatory challenges across Africa generally, the mining sector is likely to offer a real opportunity for expansion in 2019, said Standard Bank on Wednesday. It said over the last 18 months, the focus in the mining sector had been on debt reduction and […]
African development will be driven by investment, not aid – AfDB

African development will be driven by investment, not aid – AfDB

‘We need to industrialise Africa and improve the quality of life for its people,’ says company president.
Emerging economies catching up in smartphone adoption: survey

Emerging economies catching up in smartphone adoption: survey

Smartphone use has become the norm in most developed nations, while many emerging economies are showing sharp gains, a global survey showed Tuesday.
SA mining is a sunrise industry, says Ramaphosa

SA mining is a sunrise industry, says Ramaphosa

This is apparently due to the country’s mineral wealth attracting large capital investments over the decades.
Corruption over the past years crippled mining sector: Minerals Council of SA

Corruption over the past years crippled mining sector: Minerals Council of SA

Since the election of Ramaphosa and Mantashe’s appointment as mineral resources minister, the business and mining environment has apparently changed.
Industry ready to improve CSI programmes in mining communities

Industry ready to improve CSI programmes in mining communities

The Minerals Council is a mining industry employers’ organisation that represents more than 90% of South Africa’s mining companies. 
PIC board still in place for now

PIC board still in place for now

A statement reads, ‘The non-executive directors have committed to remain as directors until the minister appoints a new board’
DHL appoints new managing director to drive business growth in SA

DHL appoints new managing director to drive business growth in SA

Michaletos joins the logistics company from the South African Revenue Service where he was chief officer of customs and excise.

 

 

 

 

 

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