South Africa ranks as one of the richest countries in natural resources. The problem: few companies want to deal with the headache of getting it.
The economic development minister admits SA's mining sector is in dire straits and the govt needs to boost other sectors to lessen the fallout.
South Africa's latest mining and manufacturing data are the highlights of an otherwise light domestic economic calendar this week.
Striking mine workers retaliated to being sprayed with water cannons by pelting security officials at the Khuseleka mine in Rustenburg with stones.
Arbitration may still be possible after bilateral investment treaties with the EU are terminated.
Though the sector's job creation could outstrip mining, lack of capital and skills is an impediment.
It might seem that the mining industry by nature is not sustainable.
Goldplat chief executive Russell Lamming has stepped down and Ian Visagie will take over in the interim with immediate effect, says the company.
Acsa will not permit demonstrations on airport premises during a strike by Satawu members at airline SAA's technical department.
The National Union of Mineworkers has expressed outrage at the murder of one of its shop stewards at Lonmin's Rowland shaft.
Let's hope the framework agreement for a sustainable mining industry will direct the state to get the sector and its laws on track.
The rand gained and bond yields fell to the lowest in two weeks on optimism as a pact between labour unions and mining companies will boost growth.
Shareholders lose confidence in mining companies.
The top 40 mining companies faced a year marked by volatility and mixed results in 2012, with the gold mining companies being hardest hit.
As the government drags its heels, the industry is taking steps to recover lost ground.
President Jacob Zuma hopes to restore confidence in the mining industry with the appointment of a ministerial team to tackle problems in the sector.
With Amcu's rise to power, companies are trying to give other unions a better chance.
Miner Anglo American has posted an annual net loss of $1.49-billion after taking a $4.6-million hit on its iron ore project and platinum assets.