South African Reserve Bank governor Gill Marcus

South Africa’s central bank has kept its benchmark interest rate unchanged as the rand’s plunge adds to pressure on inflation  and wage demands surge, particularly in the mining industry. 

National Union of Mineworkers ‒ could lose 60% of its membership

The National Union of Mineworkers (NUM) ‒ for many years the biggest mining trade union in South Africa ‒ is reported to be at risk of losing close to 60% of its membership.

South African labour minister Mildred Oliphant

South African labour minister Mildred Oliphant is to meet with two major trade union federations this weekend to discuss the union rivalry currently causing disruptions in the mining sector.

Conceptual design of a natural gas liquefication facility ‒ legislation is under way to allow such facilities in Mozambiqiue

The government of Mozambique is adding to the country’s geological database with a view to launching new tenders later this year for the concession of oil and gas prospecting blocks in the country.

The portal at Anglo’s Unki platinum mine in Zimbabwe

The Chamber of Mines of Zimbabwe says tighter proposed state control over the sale of minerals would hit Anglo American Platinum (Amplats) and Impala Platinum Holdings  (Implats), slow down foreign investment and stunt growth in the Zimbabwean mining industry.

Ivan Glasenberg, CEO, Glencore International

After years of on-off talks, months of brinksmanship and often bitter negotiations, Glencore's head Ivan Glasenberg gets to complete the US$30 billion acquisition of Xstrata today ‒ the mining industry's biggest takeover yet.