21 May 2013

Mining

Cloaks without daggers?

Minister of State Security Siyabonga Cwele says that a solid case is being built against South Africans suspected of having links with terrorist groups such as Al-Shabaab; arrests can be expected soon. In passing, however, he also mentioned that the government wants to recruit more spies. That begs the question for some: what for? It also makes some people wonder... given the fact that we have an air force that cannot fly many of its aircraft, and an army that ... well ... hasn't fared too well recently, and a navy that has its subs up on blocks, will our budding 007s be properly trained and equipped to do the job? Or will it be a case of cloaks without daggers.

Durban says, "Yes, we iCANN!" and the city's exclusive internet namespace .durban is on its way after passing its first ICANN hurdle.

One wedding and a whitewash? Minister of Justice and Constitutional Development Jeff Radebe has said that the probe into the Waterkloof incident is to continue. However, a number of commentators believe that the so-called "probe" is little more than a whitewash to protect Jacob Zuma and an assortment of cabinet ministers, with officials taking the heat in their stead.

There's nothing like trying to get the message across... the WWF and TRAFFIC are targeting rhino horn consumers, particularly in Vietnam, as part of their global campaign against illegal wildlife trade. The bodies have developed a series of advertisements to discourage Vietnamese citizens from buying or consuming rhino horn.

Well, good luck and we hope it works, but in the meantime, efforts to stop the poaching must be stepped up, the kingpins be arrested and sentenced to rot in jail, and perhaps local communities around our game reserves be involved in some sort of system that rewards them for reporting suspect activities and people in their areas.

Rod Baker, Content Director

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Weekly top stories

Mining and biodiversity guideline launched
On 22 May 2013, the minister of Water and Environmental Affairs, Edna Molewa and the minister of Mineral Resources, Susan Shabangu, will launch the Mining and Biodiversity Guideline: Mainstreaming Biodiversity into the Mining Sector, at Kirstenbosch, Cape Town. Minister Molewa will also launch the Life: State of Biodiversity Report. Read more >>

Editorial news

Mining
Mining and biodiversity guideline launched
On 22 May 2013, the minister of Water and Environmental Affairs, Edna Molewa and the minister of Mineral Resources, Susan Shabangu, will launch the Mining and Biodiversity Guideline: Mainstreaming Biodiversity into the Mining Sector, at Kirstenbosch, Cape Town. Minister Molewa will also launch the Life: State of Biodiversity Report. Read more >>


Mines
Get off the roads, use trains
South Africa needs to increase its use of rail freight to boost economic growth and preserve the country's roads, deputy president Kgalema Motlanthe said in Phalaborwa, Limpopo, on Monday (20 May). Read more >>

Workers threaten indefinite Amplats strike
[Samuel Mungadze] Anglo Platinum (Amplats) workers have vowed to embark on an indefinite strike starting Friday (17 May) if management does not halt its plans to retrench 6‚000 employees. Read more >>

Coface report highlights strain on SA's growth
The Coface Group, a worldwide leader in credit insurance, has released its latest report on South African growth prospects, taking into account the mining and export slumps. Overall, economic activity remains generally sluggish while upside risks to inflation have increased due to a weaker rand. Coface believes that this will persuade the Monetary Policy Committee to keep policy neutral over an extended period, with interest rates remaining unchanged for most of 2013. A reversal in policy easing is likely only late in the year or even in 2014. Read more >>

AngloGold's focus on cutting costs
[Allan Seccombe] AngloGold Ashanti is gearing up to sell a second mine as the company deepens its focus on delivering value to shareholders in a difficult gold market‚ new chief executive Srinivasan Venkatakrishnan said on Monday (13 May). Read more >>


Mining Services
Barloworld's share earnings up 31%
[Mark Allix] Barloworld‚ a diversified industrial group‚ saw revenue rise 11%‚ operating profit increase 14% and headline earnings per share shoot up 31% for the interim period that ended in March. Read more >>

Hard roads for Cargo Carriers
[Edward West] Cargo Carriers (CRG) raised its dividend 76.5% for the year to February after its logistics and transport related operations performed well in an operating environment of low economic growth and industrial relations interruptions. Read more >>


International
Climate change warnings may be invalid
PARIS: A global warming "pause" over the past decade may invalidate the harshest climate change predictions for the next 50 to 100 years, a study said on Sunday (19 May) - though levels remain in the danger zone. Read more >>

Glencore Xstrata axes Bond
ZURICH, SWITZERLAND - The chairman of newborn mining and commodities giant Glencore Xstrata, John Bond, was on Thursday (16 May) axed by its annual general meeting, just weeks after the Swiss-based group was created via a merger of two major mining companies. Read more >>

More International...


Government
Hydrogen fuel cells to be made in SA
Government is aiming to drive up demand for platinum by developing hydrogen fuel cell technology, Science and Technology Minister Derek Hanekom said on Thursday (16 May). Read more >>

More Government news...


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