Government will take a stake in a new gas and oil venture, but energy companies say it could lead to significant delays in planned investment.
Shell’s Karoo fracking plans have catalysed a battle between the government and farmers as well as conservationists like billionaire Johann Rupert.
Minister of Mining Susan Shabangu says she is confident that an agreement can be reached, but analysts have said unions are under pressure to deliver.
Minister Susan Shabangu has spotlighted rivalry between NUM and Amcu, and instructed them to join hands against a common enemy: "monopoly capital".
The mining industry requires long-term commitment to South Africa and should not be viewed as a "quick, money-making scheme", says Susan Shabangu.
The ANC has become bold on policy recently, detailing the mining sectors in which it aims to increase the role of the state.
Industry experts say a strong relationship between the state and the mining industry is needed in South Africa for it to realise its full potential.
The mines minister has told delegates at the mining indaba that the ANC and government are not interested in making mine nationalisation policy.
The state has determined that coal will be declared a strategic mineral, boosting Eskom’s efforts to secure a steady supply to run its power stations.
Amplats’s shares have fallen over 2% after it announced it had "constructive" consultations with government about the company’s restructuring plans.
Anglo American Platinum has asked the CCMA to facilitate discussions with unions about possible retrenchments.
Anglo American Platinum chief executive Chris Griffith and Mineral Resources Minister Susan Shabangu have met to discuss Amplats’ restructuring plans.
The Association of Mineworkers and Construction Union has called on government to intervene in Anglo Platinum’s plans to retrench 14 000 employees.
Amplats’ restructuring proposals, which will put four huge shafts on care and maintenance will have catastrophic consequences for workers.
The platinum spot price has increased to a three-month high pushing the JSE platinum stock index to a nine-month high amid potential supply limits.
Nine pages – that is all South Africa got after months of silence over hydraulic fracturing for shale gas in the Karoo.
Not even the most ardent critics are holding out any hope that the moratorium on hydraulic fracturing, or fracking, in the Karoo will be extended.
Mineral Resources Minister Susan Shabangu is "gravely concerned" about the violent protests at Lonmin’s Marikana mine, her office has said.
South Africa’s mining industry needs a tax regime that keeps it globally competitive, says Minister for Mineral Resources Susan Shabangu.
The state and ANC are rigorously debating proposals that could force a radical shake-up of the country’s $2.5-trillion non-energy mineral wealth.
But the strategy to boost industry has a major stumbling block: readily available power.
Nationalisation may be off the table but analysts warn that any changes to the tax regime in the mining sector will also scare away investors.
Mining Minister Susan Shabangu has put paid to nationalisation at the Mining Indaba, while outlining plans for a tax-heavy resource nationalism.
Minister in the Presidency Trevor Manuel says nationalisation is not an option for SA, as the mining sector is fundamentally important to transition.
Following Malema’s failed appeal and the ANC’s NEC summit, the government says nationalisation is firmly off the table, and SA is open for business.
ANC national disciplinary committee has denied the former Youth League president’s appeal against his suspension from the party.
Mineral Resources Minister Susan Shabangu has argued that Paia prevents access to draft reports, minutes and research of her fracking task team.
Anti-fracking lobby group gets celebrity to be the face of its campaign.
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/ 2 November 2011
The National Union of Mineworkers and Xstrata have reached an agreement on the mining group’s employee share ownership plan.
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/ 2 September 2011
Locals are objecting to prospecting rights granted to a BEE company ‘with no mining experience at all’.
South Africa’s debate on the question of nationalising mines is discouraging investment, but the policy will be clear by mid-2012.
MP’s are seeking amendments to strengthen the country’s mining charter, aimed at ensuring the industry is at least 26% black-owned by 2014.