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‘Good time to invest in South Africa’
Dylan Griffiths and Felix Njini, Bloomberg
/
3 October 2019
3
And more updates from day 2 at the Joburg mining indaba.
Mining tax provisions have not kept up with the industry
Amanda Visser
/
3 October 2019
2
Court ruling highlights the need for amendments to the Income Tax Act.
De Beers diamond sales fall 39% in a year
Thomas Biesheuvel, Bloomberg
/
3 October 2019
2
Demand for rough diamonds continue to plunge.
Amcu accuses Samancor of fraud in court filing
Paul Burkhardt, Bloomberg
/
2 October 2019
Amcu is seeking the court’s permission to litigate against Samancor.
Amcu sees imminent wage deal with Impala Platinum
Helen Reid, Reuters
/
2 October 2019
1
Amcu referred negotiations with other miners to CCMA.
Harmony gets new $400m credit facility – bank
Wendell Roelf, Reuters
/
2 October 2019
Bank says Harmony's existing loan and revolving credit facility are oversubscribed.
Anglo CEO says investors need security
UPDATE
Felix Njini, Bloomberg
/
2 October 2019
1
And more updates from the Joburg mining indaba.
Amcu seeks dispute mediation
Paul Burkhardt, Bloomberg
/
2 October 2019
Referral comes after three months of negotiations broke down between the union and mining companies.
Amcu refers platinum wage dispute to commission
Helen Reid, Reuters
/
1 October 2019
Amcu will not accept less than a R1 000 increase to monthly wages, Mathunjwa says.
Nigeria’s Rivers state buys Shell’s stake in Ogoniland oilfield
Tife Owolabi, Reuters
/
30 September 2019
The field is among several onshore assets that Shell had been trying to sell in Nigeria.
Aluminum markets flash a warning for the economy
Mark Burton, Bloomberg
/
30 September 2019
Aluminum tumbles to a two-and-a-half-year low.
Total closes purchase of Anadarko’s Mozambique LNG asset
Sudip Kar-Gupta, Reuters
/
30 September 2019
Acquires 26.5% of project for $3.9bn.
SA mine earnings at five-year high – PwC
Ciaran Ryan
/
30 September 2019
Helped by rand weakness and commodity price strength.
Zambia scraps sales tax plan in concession to miners
Chris Mfula, Reuters
/
27 September 2019
1
Government is maintaining the VAT, but addressing compliance and administrative challenges.
Coal is piling up in Europe as utilities prefer natural gas
Jeremy Hodges, Bloomberg
/
27 September 2019
1
Lower gas prices add to coal's woes.
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