12 Feb 2013

Mining

 



SA business school ranks among world's best

Our basic education system might be, what many people reckon, somewhat of a shipwreck, but there are centres of excellence of which we can be very proud. In this case it is UCT's Graduate School of Business that is one of them - it has held its ground in two global MBA ratings.

There's always someone, isn't there... So beware of any messages you get from "SARS", the genuine one of which has issued a scam warning to taxpayers. SARS (the genuine one) says taxpayers should be wary of a scam using the SA Revenue Service (SARS) logo to defraud people.

"Members of the public are randomly emailed with spoof emails made to look as if these come from SARS, but are in fact fraudulent emails aimed at enticing unsuspecting taxpayers to part with personal information, such as bank account details," SARS spokesman, Marika Muller said.

It was pretty obvious, wasn't it... When you add more than 50% to a wage bill, something has got to give, and in this case, it was farmers giving... retrenchment notices...
So farmworkers are losing their jobs after the wage hike.

Agriculture has shed hundreds of thousands of jobs since minimum wages were first implemented in 2000 and analysts warn that thousands more will be lost when the new wage, increased by 50% by Labour Minister Mildred Oliphant, comes into effect on 1 March 2013.

But to rub salt into the wound, the Department of Labour has cautioned non-compliant farmers and says action will be taken against employers who do not comply with the new sectoral determination for farmworkers.

Finally, our very own champion, motoring editor Henrie Geyser, reckons the new Golf 7 has champion stamped all over it.

Rod Baker: Content Director

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Editorial news

Mining

Local pump suppliers explore expo's African linkages
South Africa's stagnant mining sector is driving local pump manufacturers and distributors to launch aggressive export growth strategies beyond the country's borders. A number of them are planning to use the upcoming Pumps Valves & Pipes Africa Expo to position themselves in the global mining sector and pursue new business opportunities. Read more >>

Anglo's Zimele helps SMMEs
[Lucille Davie] Mining giant Anglo American has not forgotten the little guys - its enterprise development arm Zimele is lending a hand to small and medium enterprises, helping them to grow. Read more >>

Outsourcing and its effects on the bottom line in Africa's mining industry
[Andrew St-Clair Laing] Africa's mining industry experienced substantial turmoil and challenges in 2012, resulting in reduced productivity and operational efficiencies. Although the industry is starting to stabilise on both the labour and operational fronts, mining companies are hard pressed to rebuild reduced capacities and profit margins experienced towards the end of last year. Read more >>


Health & Safety

Proactive safety solutions for connected mines
The global mining industry is characterised by several key trends, including geographical disparity, capital intensive operations, a declining skills base, high levels of safety risk and extreme complexity. In order to help address these unique characteristics, Dimension Data has developed a range of comprehensive solutions and services that cater specifically to the mining sector. Read more >>


Mines

Mining threat 'out of order' says Cutifani
Government's threats to revoke mining licences are out of order, AngloGold Ashanti's chief executive Mark Cutifani said on Thursday (7 February). Read more >>

Coal exports from RBCT drop 5,6%
[Helmo Preuss] Richards Bay Coal Terminal (RBCT) - the world's leading coal export terminal - saw a 5.6% year-on-year decline in tonnage shipped to 4.2m tons in January. Read more >>

Ramphele takes a swing at ANC over mining sector issues
[Tim Cohen] Academic Mamphela Ramphele who is rumoured to be starting a new political party soon‚ refined her political message at the Mining Indaba on Wednesday (6 February)‚ implicitly criticising the ANC for lashing out about at mine retrenchments. Read more >>

Amplats needed to restructure says Carroll
Anglo American Platinum (Amplats), the world's largest producer of the metal, had to be restructured to make it viable for the future, outgoing Anglo American chief executive Cynthia Carroll said on Tuesday (5 February). Read more >>

Zambia's mines battle with policy changes
[Gift Chanda] Zambia, Africa's top copper producer‚ may be enjoying a boom but in the past 15 months its mining sector has experienced sweeping policy changes implemented by the new government under President Michael Sata. Read more >>

Carroll wants SA mines to stay 'competitive'
[Paul Vecchiatto] Outgoing Anglo American chief executive Cynthia Carroll has called on government to ensure the South African mining sector remains competitive in a tough global economy. Read more >>

Govt committed to thriving mining industry
The government of South Africa is committed to creating a thriving and successful mining industry, the Minister of Mineral Resources Susan Shabangu said yesterday. Read more >>

Corobrik specified for mine housing in the Northern Cape
[Gary Westwood] South Africa has the largest known deposits of manganese ore in the world and is the largest producer of iron ore on the continent, making mining operations in the arid Northern Cape critical to the national economy and the largest employers in the region. Read more >>

Randgold delivers record 2012 results
CAPE TOWN: Randgold Resources achieved record production and profit levels in 2012 while dealing with a range of challenges associated with the expansion of its flagship Loulo-Gounkoto complex in Mali, the fast-track development of the giant Kibali project in the Democratic Republic of Congo (DRC), operational problems at the Tongon mine in Côte d'Ivoire and the general turmoil in Mali. Read more >>


Government
Cosatu calls for plan to halt job losses
The government, business and labour must implement development policies to stop the loss of jobs in the economy, the Congress of SA Trade Unions (Cosatu) said on Tuesday (5 February). Read more >>

Shabangu says Amplats issue will be 'resolved'
Mineral Resources Minister Susan Shabangu said on Tuesday (5 February) that she was confident the tensions between the state and Anglo American Platinum (Amplats) would be resolved. Read more >>

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