9 Oct 2012

Mining

 



SAA flies into flak

At this rate there will be very few, if any, of the current SAA board left after CEO Siza Mzimela quit, closely followed yesterday by the resignations of commercial general manager Theunis Potgieter, and legal and risk head Sandra Coetzee.

On the technology front, America's National Science Foundation has created a new program to find new paths forward for sustainable energy.

Many people reckon she deserves an 'F' - despite Angie Motshekga awarding herself a very good pass mark after the Limpopo textbook debacle. Now she has to give a report on the issue. What's the bet she comes out smelling of roses.

Think of El Nino and you usually think of wild weather. Well, according to Santam, El Nino offers an opportunity for SA farmers.

Still on the agriculture front, in a way, Goodyear, the tyre manufacturer, has announced plans to replace petroleum oil in tyres with soya oil.

Still on the automotive front proper, our intrepid motoring editor Henrie Geyser rates the new Chevrolet Cruze hatches as nifty - which is just the way we rate Henrie ourselves.

Rod Baker, content director

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Editorial news

Mining


SA mining sector cannot afford further loss in investor confidence
Peter Leon, head of Africa mining and energy at Webber Wentzel, writes in BDlive that events at the Marikana mine may prove to be the catalyst in crafting a new deal for the industry. Read more >>

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Chamber sticks to existing agreements as Vavi meets Gold Fields CEO
According to Fin24, the Chamber of Mines denied that it was opening wage negotiations early. Read more >>

Gold One gets labour court interdict against strikers
According to Fin24, Gold One International announced on Wednesday that it has obtained an interim interdict from the Labour Court declaring industrial action that began at its Cooke 4 Shaft at Ezulwini near Carletonville on October 1 to be unprotected and unlawful. Read more >>

Fired miners: new Amplats employees "over our dead bodies"
Independent Online reports that Evans Ramokga - a leader for striking miners at Anglo American Platinum (Amplats) mines in South Africa threatened that Amplats would only hire new employees "over our dead bodies." He said workers would make it difficult for the company to hire new miners after it fired 12,000 striking workers this week. Read more >>

Mines


President Zuma lauds Cosatu, NUM, Chamber of Mines on agreement
President Jacob Zuma has congratulated Cosatu, the National Union of Mineworkers (NUM) and the Chamber of Mines on their successful meeting on Friday. Read more >>

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Marikana commission visits miners' hostel
The Commission of Inquiry into the Marikana tragedy wrapped up its loco inspection on Tuesday with visits to Lonmin's Wonderkop hostel. Read more >>

Mining bosses talk tough as illegal strikes spook investors
According to Independent Online, top global platinum producer Anglo American Platinum (Amplats) said it would fire all strikers who did not attend disciplinary hearings today (Tuesday) as an illegal strike continued at four of its South African mines. Read more >>

Citi bond index debut a welcome boost to SA government
According to Independent Online, South Africa's debt market became the first in Africa to be included in Citigroup's World Government Bond Index (WGBI) - a prominent global bond index. Read more >>


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