Minerals Council of South Africa
The introduction of cloud computing platforms and associated technologies have provided junior mining companies with opportunities to improve operations.
Wage agreement that Solidarity, Amcu and Uasa reached with AngoGold Ashanti is now being overshadowed by a misleading packaging of the agreement.
Solidarity changed its salary demand to an increase of the CPI plus 4% in response to the Mineral Council’s offer which ranges from between 3,5% and 4,5%.
Gold sector negotiations have resumed and mining houses have given presentations on the state of affairs at their various companies.
Widespread illegal mining activity and rising regulatory risks stemming from improving commodity prices will pose challenges to miners in SSA over the coming months and hinder investment into the region.