Mine Ownership South Africa

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Akon buys himself a diamond mine

29-1-2007Not content with coining the squeakiest tune of 2005 (Lonely so lonely) formerly locked down RB sensation Akon is also the proud owner of a diamond mine in South Africa Details of the mine remain shady as the Smack That singer claims his ownership

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South African striking Marikana platinum miners

6-11-2012South Africa 'Lonmin settlement a victory - struggle pays!' After six weeks of defiant strike action in the teeth of violent attacks by police acting on behalf of the mining bosses when over 40 miners were killed the Marikana platinum miners have won a significant 22% pay increase and a R2 000 payment for loss of earnings from mine

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De Beers S A

28-10-2019De Beers S A South African company that is the world's largest producer and distributor of diamonds Through its many subsidiaries and brands De Beers participates in most facets of the diamond industry including mining trading and retail In the early 21st century the company marketed 40

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South African coal mines agree supply deal with Vitol

16-4-2018South African coal mines agree supply deal with Vitol in Commodity News 16/04/2018 South Africa's Optimum and Koornfontein coal mines will supply a minimum of 200 000 t/month to commodities trading firm Vitol under a 12-month offtake agreement that

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Who owns major South African mineral companies

Who owns major South African mineral companies? (S African) Modikwa Platinum Mine is 50% owned by Anglo Platinum (UK) and 50% by African rainbow Minerals (S African) Richards Bay Minerals is 50% owned by Rio Tinto Plc (UK) and 50% by BHP Billiton Plc (Australian) Australia

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All That Glitters

A change so unexpected and a development never known before were due to the discovery in 1886 of the greatest gold mines of all history ancient and modern From 1886 {until 1940] the story of South Africa is the story of gold - C W de Kiewiet 1941 The discovery of gold on the Witwatersrand in 1886 was a turning point in South African history

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Miners Drop as South Africa Escalates Black Ownership

15-6-2017South African regulators unveiled a new mining charter to force companies to give more ownership to black shareholders sparking a selloff across the industry Anglo American Plc and Sibanye Gold Ltd shares tumbled after the Department of Mineral Resources introduced requirements that local

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Mine dumps in South Africa cause ownership dilemma

Mine Dumps in South Africa Feris says South Africa's landscape contains several areas where mineral-rich stockpiles of material remain unexploited by the person who or company which initially mined the minerals "These mine dumps bear testament to South Africa's rich

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Gold Mining in South Africa

Typical of gold mining in South Africa the project is estimated to have a lifespan of 25 years The opening of other gold mining projects such as the R1 billion Doornkop South Reef Mine – expected to deliver 82 8 tonnes of gold within a 20-year period – adds to the idea that gold mining in South Africa is still a viable and lucrative

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South African court backs mining industry on black

South Africa's leading mining industry group the Chamber of Mines welcomed the ruling stating that "This new Charter needs to help the mining sector to achieve stability competitiveness transformation and growth and to ultimately enable the sector to realize its

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South Africa Raises Black

South Africa Raises Black-Ownership Requirement for Mines Paul Burkhardt and Kevin Crowley IOL June 15 2017 South Africa plans to introduce rules requiring all local mines be 30 percent black-owned regardless of whether they have previously sold shares or

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Mining Companies in South Africa

Africa Mining IQ also lists direct contact details for individuals working with and for mining companies in South Africa BHP Billiton one of the foremost mining companies in South Africa along with Mining Xstrata and Petro SA also feature in large-scale operations in South Africa

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Mineral industry of Africa

Madagascar which did not mine nickel in 2005 could have a 33% share of African nickel mine production by 2011 South Africa's output is expected to nearly double by 2011 because of increased capacity at the Nkomati nickel mine and the Limpopo and the Marikana PGM mines

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South African Mine Pollution

31-8-2014A South African charity has warned that mining companies are flouting environmental laws in the belief they have political backing The Bench Mark Foundation says thousands of ageing mines are devastating already desperately poor communities CCTV's Guy Henderson reports from the Coronation Coal mine in Mpumalanga province

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South Africa raises mining sector black ownership

South Africa raises mining sector black ownership requirement to 30% June 15 2017 South Africa has raised the threshold of black ownership mining companies must meet to 30% from 26% but has not decided if firms must retain that structure permanently Mines Minister Mosebenzi Zwane said

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Trends of Ownership and Control of Media in South Africa

Trends of Ownership and Control of Media in South Africa – Version 3 2 Page 7 of 149 EXECUTIVE SUMMARY INTRODUCTION The MDDA commissioned Z-Coms to conduct a research study into trends of the existing ownership and control of media in South Africa

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A history of mining in South Africa (ZA)

30-10-2019Such events are rooted in a strike led by the African Mine Workers' Union in August 1946 Miners of the Witwatersrand were demanding higher pay an extra 10 shillings a day The strike went on for a week despite what South African History Online describes as "the most savage police terror"

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South Africa Guide Land Title What the law says The

Foreigners intending to buy property in South Africa also need to take heed of rumours that the government has been planning to limit foreign ownership of land in South Africa in order to control escalating property prices The rumours began circulating in June 2004 but little has been heard since following an understandable outcry

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S Africa youth group wants state ownership of mines

1-2-2010JOHANNESBURG Feb 1 (Reuters) - The militant youth wing of South Africa's ruling ANC reiterated on Monday that it would push for the nationalisation of local industries starting with mines saying investors afraid of the process were not welcome

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UPDATE 1

24-4-2018JOHANNESBURG April 24 (Reuters) - South Africa's mines minister will appeal a court ruling that held that mining companies did not have to maintain at least 26 percent black ownership in perpetuity the Department of Mineral Resources (DMR) said on Tuesday The appeal will add a layer of

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Black Ownership Rule Change Hits South African Mining

The body representing South Africa's miners (The Chamber of Mines) said it would try to block the move through the courts In addition to raising ownership percentage to 30% 1% of revenue must also be paid to the Mining Transformation and Development agency which helps black communities

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TauTona Gold Mine Anglo Gold South Africa

30-10-2019In 2006 AngloGold Ashanti commenced a project to extend its South African TauTona gold mine to 3 9km This was completed in 2008 making it the world's deepest mine surpassing the 3 585m deep East Rand Mine by a good distance The name TauTona means 'great lion' in the Setswana language The

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The Chinese scramble to mine Africa

15-12-2015South Africa produces 52% of world's chromium is the world leader in production of manganese and platinum group metals controlling about 95% of global PGM reserves It is also the biggest producer of ilmenite second biggest producer of vanadium and in Top-5 of global rutile and zirconium producers

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Brief history of gold mining in South Africa

Chamber of Mines (now Minerals Council South Africa) founded 1890 South Africa began to slow down in the 1880s as the new deposits being found tended to be pyritic ore and gold could not be extracted from this compound with any of the then available technologies

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South Africa Raises black

15-6-2017Johannesburg - South Africa plans to introduce rules requiring all local mines be 30 percent black-owned regardless of whether they have previously sold shares or assets to black investors that later divested The Department of Mineral Resources intends raise the minimum black-ownership

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For South Africa's mining suppliers HDSA ownership is

25-8-2014The Mining Charter requires that mining companies have 26% ownership by historically disadvantaged South Africans (HDSAs) by the end of 2014 It also requires that a substantial proportion of procurement by mining companies is from black economic-empowerment (BEE) entities – mining suppliers that have more than 26% HDSA ownership

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List of diamond mines

There are a limited number of commercially available diamond mines currently operating in the world with the 50 largest mines accounting for approximately 90% of global supply Diamonds are also mined alluvially over disperse areas where diamonds have been eroded out of the ground deposited and concentrated by water or weather action

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UNDERSTANDING THE BASIC PRINCIPLES OF PROPERTY LAW IN

South Africa According to Knobel et al (2011) the modern law of property in South Africa and the concept of ownership are derived directly from Roman law and still bear many similarities to it This view should be approached with circumspection since the socio-economic and cultural environment in which a particular legal system

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Nationalisation of mineral rights in South Africa

Nationalisation of mineral rights in South Africa 127 minerals The right granted to the third person could apply in general or only in respect of a particular category of minerals It was not uncommon in South Africa for landowners to separate their ownership of the land from mineral rights for example by retaining the mineral rights relating

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AP Mine Ban Convention South Africa

South Africa ratified the Convention on 26 June 1998 and the Convention entered into force for South Africa on 1 March 1999 Stockpile Destruction (Article 4) In its initial transparency report submitted on 1 September 1999 South Africa reported stockpiled anti-personnel mines under its ownership or possession or under its jurisdiction or

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