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South Africa mining sector restructuring will hasten

Location:

SOUTH AFRICA

The threat of future strikes is a blow to government attempts to address investor unease, which it is seeking to do by soothing tensions between unions and miners, and improving…

Contraction spells economic doldrums for South Africa

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SOUTH AFRICA

The World Bank in its August 17 Economic Update warned about the downside risks to South Africa posed by anticipated US monetary policy tightening and cooling Chinese growth…

Zambian mining prospects will be tied to politics

Location:

ZAMBIA

That might mostly be jockeying in a dispute over electricity price rises with the state-owned power supplier. In contrast, Vedanta Resources, one of the leading players in…

Zimbabwean mining push faces vested interests

Location:

ZIMBABWE

Zimbabwe mining prospects.

Zambia's new mining tax regime could backfire

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ZAMBIA

The new rules remove corporate tax, but hike mining royalties to 20% for open pit mines (up from 6%), and 8% for underground mines (also up from 6%). Some flexibility in the…

South African mining sector faces further uncertainty

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SOUTH AFRICA

Mining sector improvement?

Congo mining dispute sends a warning to investors

Location:

CONGO-KINSHASA

The DRC is the world’s largest cobalt producer by far, accounting for some 70% of total world production. The outcome of the dispute therefore has significant implications for…

South African mining rules will mar investment climate

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SOUTH AFRICA

Zwane released the third review of the 2004 Mining Charter on June 15. After the release, mining company shares on the Johannesburg Stock Exchange lost 50.69 billion rand (3.93…

South African mining sector turmoil could worsen

Location:

SOUTH AFRICA

Lonmin has spent 1.6 billion dollars in cash since 2008 and lost 98% of its value since 2012. The takeover will reportedly see 12,600 of Lonmin’s 35,000 jobs cut over three years…

Tanzania mining reforms set stage for new negotiations

Location:

TANZANIA

Earlier in July, the National Assembly passed three bills overhauling the regulatory framework for the extractive industries. Together, they constitute an attempt to squeeze…