African Barrick’s Tulawaka mine, which closed down in March

Major foreign investors have played a significant role in the growth of the Tanzanian mining industry which is expected to double in value from US$64 million in 2010 to US$1.28 billion in 2015.

The “Jacaranda City” of Pretoria ‒ venue for today’s mining crisis talks

Mining house and trade union top officials started arriving in the city this morning for the crisis meeting with deputy president Kgalema Motlanthe in a bid to resolve the problems facing the mining sector.

Deputy president Kgalema Motlanthe

Deputy president Kgalema Motlanthe is to ask business, labour and government representatives to make commitments aimed at averting a potential crisis in the South African mining industry.

Caterpillar mining equipment ‒ African sales up by 30%

Barloworld ‒ a South African distributor of Caterpillar Incorporated equipment ‒ expects spending by mining companies and governments on infrastructure to boost African sales of the machinery by more than 10%pa.

Transnet CEO Brian Molefe

State-owned South African transport and logistics group Transnet has issued bonds to the value of US$330 million (R3.3billion).