1 Oct 2013

Mining

From money to Mxit... Michael Jordaan

Michael Jordaan has joined Mxit. Jordaan is the former CEO of First National Bank and a recent recipient of the CNBC Africa Business Leader of the Year for Southern Africa award, and will join Mxit as chairman of its board of directors.

He says, "It is difficult not to have a sense of pride about a home-grown South African company making such an impact in the social media and mobile space. It was an easy decision to join as chairman and I am looking forward to playing a part in the future of Mxit, both in South Africa and internationally."

Little hurts more than coming up with a great product only to see some swine steal it - which is why it's good news that there is help on hand for brand owners in fighting counterfeiting.

And just to prove women have what it takes when it comes to farming, a young female farmer has reaped two awards for her excellent work at Rethabiseng Sustainable farm. Sphiwe Machika (28), from Rethabiseng in Bronkhorstspruit has won the Provincial Female Farmer of the Year Award and the National Female Entrepreneur of the Year Award.

Another winner - well, a few in fact, have been announced... They are the Eco-Logic Award winners.

Finally, as a man who prides himself on his choice in footwear, our tame motoring editor Henrie Geyser reckons the new Astra looks good with a boot.

Rod Baker, Content Director

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Weekly top stories


Mining
First bauma Africa expo a success
According to Business Monitor International's South African Mining Report, the decline in South Africa's mining sector is set to end as several projects across Southern Africa are expected to commence in the next five years. Africa's mining sector value is expected to grow by an annual average rate of 0.6% from US$32.1bn in 2012 to US$33.1bn in 2017. Read more >>

Anglo American invests in Northern Cape's first university
Anglo American, in partnership with the Department of Higher Education and Training, has launched the Northern Cape's first university, named after politician and educator Sol Plaatje. Read more >>

Get a Masters in Publicity
[Issued by Bizcommunity.com] Originally the main function of the Bizcommunity Press Office was as a simple conduit for company news and to distribute press releases, but since it has evolved and expanded into a hub where clients can monitor performance of their publicity and manage their recruitment advertising. Read more >>  visit press office >>


Mines
Gold Fields' shares drop amid various allegations
[Sikonathi Mantshantsha] As the JSE's all share index has claimed record highs almost weekly since the beginning of the year, shares in mining company Gold Fields have halved in value on the back of a struggling gold price and heightened labour tensions. Read more >>

AngloGold's Kibali starts early‚ within budget
AngloGold Ashanti said on Wednesday (25 September) that the Kibali Gold Mine‚ a joint venture with Randgold Resources‚ has successfully delivered its first gold early and within budget. Read more >>

Kloppers may get R151m parting gift from BHP Billiton
[Brendan Ryan] BHP Billiton's former chief executive Marius Kloppers retires officially at the beginning of October and stands to receive awards of company stock worth a total of about R151m during the four years since his departure. Read more >>

Amcu reads riot act to Amplats over plan to cut jobs
[Karl Gernetzky] Members of the Association of Mineworkers and Construction Union (Amcu) will strike at Anglo American Platinum (Amplats) this Friday (27 September)‚ with rival union‚ the National Union of Mineworkers (NUM)‚ saying it will also consider industrial action over job cuts by the company. Read more >>

Anglo agrees revised terms for sale of Amapá to Zamin
Resources group Anglo American has agreed revised terms for the sale of the Amapá iron-ore operation in Brazil to Zamin. Read more >>


Mining Resources
Public interest concerns limit merger approval
[Samantha Brener] The Competition Tribunal recently published its reasons for a decision to conditionally approve a merger in which the Industrial Development Corporation (IDC) and a consortium of foreign investors acquired shares in Rio Tinto South Africa Limited (Rio Tinto SA) (Rio Tinto Decision). Read more >>


Government

Police nab 115 illegal miners
Mineral Resources Minister Susan Shabangu says police have arrested 115 illegal miners in and around Roodeport in the past two months. Read more >>


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