Lonmin has agreed to enter a US$200 million metal purchase agreement with Pangaea Investments Management over three years.
ICCM has found that many of the world’s poorest countries have become more dependent on their income from mining, despite falls in commodity prices.
The Minerals Council South Africa, on behalf of its members, welcomes the publication of the Mining Charter and broadly supports its intentions and content.
Wage agreement that Solidarity, Amcu and Uasa reached with AngoGold Ashanti is now being overshadowed by a misleading packaging of the agreement.
Features & Analysis
China has committed to investing US$60 billion in Africa over the following three years while cancelling debt from countries struggling to repay debts.
Speaking at the Africa Down Under conference in Australia, Minerals Council South Africa CEO Roger Baxter outlined the key requirements that would enable the South African mining industry to realise its full potential.