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SOUTH AFRICA: Implats boss describes AMCU’s under-fire Mathunjwa “extraordinary business partner”

IMPALA Platinum (Implats) CEO, Nico Muller, was the latest platinum group metal (PGM) executive to strike a conciliatory note in respect of Joseph Mathunjwa, president of the Association of Mineworkers & Construction Union (AMCU) which has long duelled with gold and PGM companies on wages and working conditions.

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SOUTH AFRICA: Amcu asked to explain salaries and services in financial statements

  • Date: 09-03-20
  • Category: SOUTH AFRICA
  • Source: Daily Maverick

The Association of Mineworkers and Construction Union is once again under regulatory scrutiny. In a letter to the union from the labour department obtained by Business Maverick, it has been asked to clarify some eye-opening items in its 2018 financial statement.

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SOUTH AFRICA: Amcu finds itself in trouble once again and could be deregistered

Labour department questions union’s finances and the legitimacy of office bearers – it could face being deregistered if it does not shape up

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SOUTH AFRICA: Ramaphosa Unveils Overhaul of South African Energy Industry

South African President Cyril Ramaphosa announced sweeping changes to the nation’s electricity industry to address energy shortages and reduce reliance on debt-stricken state power utility Eskom Holdings SOC Ltd.

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SOUTH AFRICA: AngloGold picks Harmony to buy South African assets

  • Date: 11-02-20
  • Category: SOUTH AFRICA
  • Source: Mining Weekly

JOHANNESBURG – AngloGold Ashanti has picked Harmony Gold Mining as the buyer for its last remaining South African operations, according to people familiar with the matter.

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SOUTH AFRICA: PGMs to play ever increasing roles in greener, cleaner world – Anglo Platinum

  • Date: 10-02-20
  • Category: SOUTH AFRICA
  • Source: Mining Weekly

JOHANNESBURG (miningweekly.com) ­– Platinum group metals (PGMs) mining company Anglo American Platinum is convinced that PGMs are poised to play increasingly significant roles in a greener, cleaner world, driven by favourable new opportunities presented by societal megatrends.

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SOUTH AFRICA: Platinum Mining Giant Says South Africa Running Out of Time

South African President Cyril Ramaphosa may be running out of time to enact the reforms required to attract significant investments in the country’s mining industry.

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SOUTH AFRICA: Tax boost to government as mineral prices soar

Rocketing platinum group metal (PGM) prices, especially palladium, is good news for the government as well as for shareholders of the companies that produce them.

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