11 Dec 2012

Mining

 



Cool Beanz

It's going to be a good festive season for Jelly Beanz after they were handed a cheque for R500,000 by Bernhard Maier, a member of Porsche's executive board. It's the second sizeable donation by Porsche in as many years.

On the agriculture front, farmers and unions have been urged to negotiate in good faith. Agriculture, Forestry and Fisheries Minister Tina Joemat-Pettersson has urged representatives of Agri-SA and unions to negotiate in good faith for the minimum wage demand for farmworkers. That's all very well, but in the meantime perhaps she can also urge farmworkers to remain peaceful and also not damage crops and equipment.

Come fly with me... if you can afford it! IATA says airlines will carry 3,6bn passengers by 2016 - a rise of at least 28% in the coming years to hit 3.6 billion in 2016, with China accounting for nearly one-in-four new travellers. Keeping ticket prices reasonable would go some way towards ensuring that that prediction comes true.

Don't come fly with me...Budgets and mechanical setbacks are hurting SANDF, which is buckling under the strain of crippling budget and mechanical setbacks. We have submarines up on blocks and Gripen fighters flying only a tiny portion of the time they should be flying. So we have all these shiny new weapons platforms... but we can't afford to run them. Brilliant!

Equally brilliant, but in a good way, is our tame motoring editor, Henrie Geyser, who waxes lyrical on the new Honda CR-V, which he reckons has added market traction. And a lot of attractions... in action, and even when not in action.

Rod Baker: Content Director

Submit your company news to miningnews@bizcommunity.com. Exclusive contributions may be sent to contributors-mining@bizcommunity.com.

Top stories


Editorial news

Mining


October freight volumes down 3,3% for October
The volume of goods transported (payload) decreased by 3.3% in October 2012 compared with October 2011‚ Statistics SA reported on Monday (10 December) Read more >>

CEO confidence falls amid uncertainties
The Merchantec CEO Confidence Index weakened in the fourth quarter (Q4)‚ dropping by 5.8% to an overall level of just 52 points. Read more >>

Mines nationalisation uncertainty hurts investments - Mantashe
South Africa's ruling African National Congress will make a final decision on nationalisation of mines next week as uncertainty around the issue deters foreign investment, secretary-general Gwede Mantashe said. Bloomberg says the role of the state in the economy will be among policy issues discussed at a party conference scheduled for 16-20 December. Read more >>

Dispute between NUM and AMCU leads to wildcat strike
South African gold miner Village Main Reef said a wildcat strike erupted at its Blyvooruitzicht operation, Moneyweb reports. Read more >>

Facing a 'Catch-22' situation, the ANC may increase mining tax
South Africa's ruling African National Congress will ignore ratings company Moody's advice and call for an increase in mining taxes, said Enoch Godongwana, who heads the ANC's Economic Transformation Committee. Read more >>

Carroll: splitting off SA platinum business 'not on the agenda'
Outgoing Anglo American CEO Cynthia Carroll said on Tuesday the "spectre of nationalisation" that hung over the mining industry has been laid to rest, Mineweb reports. "The regulatory debate in South Africa has been going on for a very long time and is still not complete," Carroll said in a talk in Johannesburg, adding that proposals for a resource rent tax were "unnecessary and unwise". Read more >>

Mines


Gemfields in search for more rubies
AIM-listed Gemfields announced on Friday (7 December) that it has entered into a conditional agreement to acquire a controlling interest in an additional ruby deposit located adjacent to the company's Montepuez ruby mine‚ in the Montepuez district of the Cabo Delgado province in Mozambique. Read more >>

Mining Services


Kota is Geoscience's new boss
The Council for Geoscience has appointed Mxolisi Kota as its chief executive.He will replace Dr Thibedi Ramontja, who joined the Department of Mineral Resources as its director-general in 2011. Read more >>


International
Mugabe now wants 100% of everything
GWERU, ZIMBABWE: Zimbabwe President Robert Mugabe on Friday (7 December) vowed to overhaul business laws to require 100% black ownership of firms, up from 51%. Read more >>

IMF will halt DRC loan over mining contract
KINSHASA, DRC: The International Monetary Fund said on Tuesday (4 December) it is ready to halt a US$561m loan facility to the Democratic Republic of Congo because the government failed to provide enough information on a mining contract. Read more >>

More International...


All industry news

Marketing & Media


Medical


Retail


Government


CSI


Finance & Insurance


Agriculture, Horticulture & Forestry


Arts & Entertainment


Building & Construction


Environment & Conservation


Human Resources & Recruitment


Legal


Manufacturing


Property & Real Estate


Security & Military


Education & Training


Tourism, Travel & Hospitality


IT & Telecommunications


Maritime & Fishing


Sport


Logistics


Science & Technology


Lifestyle


Automotive



Print - Print any item in this newsletter.
Email - Email any item in this newsletter.
Comment - Comment on any item in this newsletter.


Today's weather

Cpt

20°C
16°C
Jhb

20°C
13°C
PE

22°C
17°C
Dur

23°C
20°C
Bloem

25°C
12°C

Click here to customise weather


New people on biz

Riche Marrow
Writer

Industry sectors

  • Marketing & Media | South Africa
  • Marketing & Media | Africa
  • Agriculture
  • Arts & Entertainment
  • Automotive
  • Building & Construction
  • CSI
  • Education
  • Environment
  • Finance & Insurance
  • Government
  • HR
  • ICT
  • Legal
  • Lifestyle
  • Logistics
  • Manufacturing
  • Maritime
  • Medical
  • Mining
  • Property
  • Retail
  • Science & Technology
  • Security
  • Sport
  • Tourism


  • Follow us

           
    Press releases: Distribute your news professionally to over 170 000 subscribers across various industries. Read more about our press offices.

    Editorial: We welcome your news, views and comments! Email press releases, invitations, interview requests, and proposals to miningnews@bizcommunity.com and exclusive opinion pieces to contributors-mining@bizcommunity.com.

    Advertising: We welcome your sales enquiries! Email sales@bizcommunity.com and read more about our advertising rates.

    Location: Cape Town (head office): tel +27 (0)21 680 3500 | 24 On Main, Main Street, Rosebank, Cape Town, 7700, South Africa. Johannesburg: tel +27 (0)11 612 3003 | Sutton Square, The Business Centre, 8 Gemsbok Road, corner 12th Avenue, Rivonia, Gauteng.

    Subscribe/unsubscribe: Invite your friends, colleagues, suppliers, customers and partners to subscribe!


    © 2012 Bizcommunity.com. All rights reserved.
    Bizcommunity.com, its sponsors, contributors and advertisers disclaim all liability for any loss, damage, injury or expense that might arise from the use of, or reliance upon, the services contained herein.

    Unsubscribe, Manage subscriptions. Subscribe. Change email address. Change frequency to DAILY.