15 Jan 2013

Mining

 



Welcome back

Well, Mangaung has come and gone - as has the end of the world, the festive season and New Year, and we've survived them all and now we're back on stream with our newsletters.

Taking centre stage has been the violent protests by farmworkers in the Western Cape. These protests need to be brought to an end; they're damaging Brand SA and have the potential to seriously curb exports (and hence foreign earnings) as customers overseas turn to more reliable suppliers.

On the education front, the Matric pass rate increased to 73.9% but critics are asking whether a requirement of 30% to pass is enough to equip school-leavers with an adequate standard of education. Many employers reckon not - they're prepared to train new staff in the roles the new recruits will have to take up in the company - but those recruits need to be literate and enumerate to a level that will enable them to acquire and apply their new knowledge properly.

If you're in business, you're in IT... perhaps not directly, but every time you use a computer, you're operating within the IT world. So what are the 23 business attitudes to IT security you should be looking at? Kaspersky Lab research has some answers for you.

Finally, for all you petrol heads out there, our scorchingly good-looking motoring editor Henrie Geyser takes you for a drive in the Mercedes SL 500 and shows off his tough, rugged side with the Land Cruiser 70 double cab.

Rod Baker: Content Director

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

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Editorial news

Mining

CoAL gets 'free' access to Maputo terminal
[Alistair Anderson] Coal of Africa (CoAL) has finalised a deal giving it access to a coal export terminal in Maputo without having to finance part of its construction. Read more >>

Top 10 New Year's resolutions for employers
[Johan Botes] Here are some resolutions for 2013 for you that you, as an employer, may well find useful. Get them right now - and avoid any unpleasant surprises during the year. Read more >>

Slight rise in jobs in December says Adcorp
Employment in South Africa increased by an annualised rate of 0.8% in December‚ showing there were 12‚556 new jobs according to the latest Adcorp employment index that was published on Thursday (10 January). Read more >>

Weaker rand boosts manufacturing
[Mariam Isa] Manufacturing is likely to have extended a modest revival early in the year, supported by a pick-up in exports, the weaker rand and the effects of the end of a wave of strikes in the mining sector. Read more >>


Mines

Regional plan to boost copper exports
[Nicky Smith and Mark Allix] Transnet Freight Rail hopes to finalise an agreement next month on rail co-operation between South Africa‚ Zambia‚ Zimbabwe and the Democratic Republic of Congo‚ allowing the copper-rich countries to increase exports through Durban. Read more >>

Bulk exports up 4.8% last year
[Helmo Preuss] SA's bulk export volumes rose by 4.8% in 2012 to a record 148.4m tons (Mt)‚ data from the Transnet National Ports Authority (TNPA) showed on Monday (14 January). Read more >>

Cutifani welcomed by industry but NUM moans
The Chamber of Mines and its mining company members have welcomed the appointment of Mark Cutifani as chief executive of Anglo American but the National Union of Mineworkers says it is disappointed because it's an "old boys club" appointment. Read more >>

Labour unrest may shut Harmony mine
Harmony Gold may shut its Kusasalethu mine, where violent labour strife killed at least two workers last year and mine managers have received death threats, the South African firm announced on Monday (7 January). Read more >>

Cattle contaminated by uranium
A researcher from North West University has found that the internal organs of cattle kept in the Wonderfontein Spruit area have been contaminated with uranium and cobalt, Beeld reported on Tuesday (18 December). Read more >>

No room for government to cut taxes
[Helmo Preuss] Slowing domestic growth‚ a shortfall in the collection of individual and company taxes and strike action in key economic sectors will prevent government introducing tax cuts to provide some economic stimulus and could leave the South African Revenue Service (SARS) having to adapt their tax collection focus in 2013‚ Nazrien Kader‚ Deloitte's national taxation service line leader said on Wednesday (9 January). Read more >>

Gold One drops four directors
[Roy Downing] Gold mining company Gold One will reduce the number of directors on its board from 11 to seven after its agreement with major shareholder BCX Gold Investment Holdings ended in December. Read more >>

EU slump cost SA US$15bn
[Mariam Isa] Businesses in SA estimate that revenues have fallen by US$15bn as result of the eurozone 's sovereign debt crisis‚ according to a report released on Tuesday (18 December) by Grant Thornton. Read more >>


International
Mercury hazards face developing countries
NAIROBI, KENYA: Communities in developing countries are facing increased health and environmental risks linked to mercury exposure, the United Nations Environment Programme said on Thursday (10 January). Read more >>

Lagarde says global uncertainty limits Africa growth
[Ntsakisi Maswanganyi] Continued global uncertainty‚ coupled with internal factors such as drought and associated food shortages‚ threaten Africa's economic growth prospects‚ warns International Monetary Fund's (IMF) managing director Christine Lagarde. Read more >>

More International...


Government
Lower tax collection may hurt companies
[Amanda Visser] The warning bells for tax collections had already rung in October when Finance Minister Pravin Gordhan announced collections for the 2012-13 tax year were expected to be R5bn less than budgeted. Read more >>

More Government news...


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Today's weather

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New people on biz

Sabelo mosimaka
Office Administration Clerk
Kajila Esa Sayikumba
Draughtsman at Kansanshi Mining PLC
Johan Nel
Maintenance planner
Botshonyana Mdaka
Customer Service Coordinator at Bradken
Bez Bezuidenhout
Senior Consulting Mining Engineer at Sound Mining Solution

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