Mining News

Is Zwane simply stupid or motivated by something else?

Times LIVE - 40 minutes ago
The ANC has disowned it, Deputy President Cyril Ramaphosa has criticised it, the Chamber of Mines, representing almost all South African mining companies, says it wasn't properly consulted and the banks say it's going to make it even more difficult to ...and...

The Dynamic Technology Lab Private Ltd Has $215000 Position in Harmony Gold Mining Company Limited (HMY)

BangaloreWeekly - 3 hours ago
Dynamic Technology Lab Private Ltd increased its stake in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 23.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. ... The South Africa ...and...

Mining charter is 'a scary thing'

Moneyweb.co.za - 6 hours ago
Kirrage says it is very unlikely that the Mining Charter will be implemented in its current form – the mining industry is a significant employer, one of the biggest areas for outside investment and one of South Africa's most important sectors. If ...and...

Tower Research Capital LLC TRC Has $191000 Position in Harmony Gold Mining Company Limited (HMY)

Chaffey Breeze - 10 hours ago
Harmony Gold Mining Company Limited logo Tower Research Capital LLC TRC increased its stake in shares of Harmony Gold Mining Company Limited (NYSE:HMY) by 5,636.3% during the first quarter, according to its most recent 13F filing with the SEC.and...

S. African stocks close slightly firmer as resources, gold shares rebound

Xinhua - 12 hours ago
JOHANNESBURG, June 27 (Xinhua) -- The Johannesburg Stock Exchange (JSE) closed firmer on Tuesday as resources and gold shares made a lift. The JSE opened in the morning lower following news that South Africa's mining companies applied to...

$-0.01 EPS Expected for Diamcor Mining Inc. (DMI)

KL Daily - 15 hours ago
Investors wait Diamcor Mining Inc. (CVE:DMI) to report on July, 24. its quarterly earnings Wall Street analysts expect $-0.01 EPS, up $0.05 or 83.33 % from last year's $-0.06 same quarter earnings. Diamcor Mining Inc.'s Wall Street analysts see 0.00 ...and...

Minister Zwane swipes at Chamber of Mines

SowetanLIVE - 15 hours ago
Another example of what the chamber described as “gross regulatory overreach” is what the charter says on the foreign controlled and registered companies supplying the South African mining and minerals industry with mining goods and services.and...

Mining: Appeasement hasn't worked

Politicsweb - 16 hours ago
It has also called on the African National Congress (ANC) to intervene. The problem is that the mining industry was co-opted a long time ago. It did so when it bought into the ANC's racial "transformation" process by adopting the first mining charter ...and...

Zwane confident courts will find in favour of new Mining Charter

eNCA - 16 hours ago
The chamber applied on Monday for an urgent interdict to prevent the implementation of the Reviewed Mining Charter, as published by the Department of Mineral Resources earlier this month. The chamber said an application to have the updated charter ...and...

UPDATE 1-S.Africa's Omnia looks at acquisitions to spur growth after profit drop

Reuters - 17 hours ago
Omnia, which has divisions in agriculture, mining and chemicals, has suffered a slump in chemicals sales volumes as South Africa's economy slid into recession for the first time since 2009 and its manufacturing and mining sectors contracted. That has ...and...

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