South Africa’s Chamber of Mines said the 5.23 percent electricity tariff increase could have a crippling effect on the industry.
An application by mining communities to be allowed to join in the review of the Mining Charter has been granted by the North Gauteng High Court.
The National Union of Mineworkers (NUM) will embark on industrial action, after negotiations between it and the Chamber of Mines broke down this week.
The National Union of Mineworkers has issued a notice of a strike in the coal sector after negotiations with the Chamber of Mines collapsed.
The Chamber of Mines admits that the industry has produced a poor safety record during the past year.
The Chamber of Mines said Minister of Finance, Malusi Gigaba, had not done enough to boost investor confidence and economic growth.
Mosebenzi Zwane said this week’s Constitutional Court judgment on the Diamonds Act, helped pave the way for transformation in the mining industry.
The Chamber of Mines and Mineral Resources Minister Mosebenzi Zwane are at it again, following the publication of a Notice in the Government Gazette earlier this month.
The Chamber of Mines said production in the industry contracted for a second consecutive month in March, raising more alarm bells about its health.
The Chamber of Mines has applied for an urgent interdict at the Gauteng High Court, following a failure of the Mineral Resources Department (DMR) to review the implementation of its Mining Charter.