There were replacement transactions at Old Mutual and Absa, with FirstRand, Sanlam and Capitec retaining black ownership. But Standard Bank and Nedbank have less than 1% black ownership – not having concluded BEE transactions for a decade
Glencore, Anglo American, South32, BHP Billiton and Exxaro – the mining companies cited in coal class action – need to show corporate compassion for sick mine workers
Rehabilitating mines presents an opportunity for environmental restoration and economic empowerment in the energy transition
They allege they contracted incurable lung diseases while working on mines and want compensation for the harm caused to their health
Mining windfall helped SA’s financial position, but lower revenues and additional spending will delay the end of fiscal consolidation
The president’s strategy to stop the unemployment crisis from spiralling includes cutting red tape and focusing on infrastructure investment
A proposed pipeline will bring water polluted with Gauteng’s sewage to the Waterberg in Limpopo to boost the coal industry during the climate crisis
Estimates hint that the scaling down of work in response to Covid-19 will result in a sharp drop in production in April and by 4.5% for the year
South African giants in the firing line as investor decides to drop carbon-heavy companies
Eskom has come under fire about the alleged influence of the Guptas on various lucrative contracts, and two board members have resigned this week.
Secure the future of your children by hitting back at the energy companies holding governments to ransom, writes David le Page.
Allegations of water pollution by mining operations will see the ombud probe top mining companies like Glencore Xstrata and AngloGold Ashanti.
The national infrastructure development plan could catalyse significant growth, but challenges need to be addressed, says Exxaro.
An unprotected strike at coal miner Exxaro has spread, bringing production to a halt, says the company.
A farmer from Delmas, Mpumalanga has lodged a complaint against Exxaro with the Blue Scorpions, saying the mining company had depleted a wetland area.
SA’s largest empowerment group Exxaro Resources says its staff share scheme has matured and will pay out more than R1-billion to employees.
When Sipho Nkosi speaks about the recent split in business along racial lines following a two-day summit, you listen attentively.
Diversified miner Exxaro has reported a 53% rise in first-half profit, boosted by higher sales and prices at its coal business.
Diversified resources group Exxaro is the next mining company set to face the wrath of organised labour, says Solidarity.
Freight group Transnet reported a rise in profit on Monday and said it would spend R110.6-billion on capital investments in the next five years.
Exxaro Resources has confirmed that the $0.46 per share offered under the takeover bid for Territory Resources would not be increased.
The National Union of Mineworkers has rejected an offer of a 4% wage increase by the Chamber of Mines, after originally insisting on a 14% pay hike.
Mining company Exxaro has been granted a temporary interdict prohibiting workers from striking over restructuring plans at the company.
Mining company Exxaro says it will seek an urgent court interdict to stop 7 000 workers from striking in protest against restructuring plans.
More than Exxaro 7 000 workers may strike in the coming week over plans to rationalise the business, the National Union of Mineworkers has said.
Exxaro has invited bids for its stake in a zinc and lead mine in Namibia and ownership of a refinery in South Africa so it can exit the zinc business.
Exxaro’s planned retrenchment of 300 workers would be the price of paying the company’s black economic empowerment shareholders a bigger dividend.
Exxaro on Thursday reported a 31% drop in full-year headline earnings.
Exxaro said on Wednesday it has 4,5-billion tonnes of coal reserves in the Waterberg, where it planned further expansions.
Safety managers were assessing the aftermath of a blast at Exxaro’s Zincorp plant in Springs on Thursday, which killed three people.
Half of South Africa’s coal resources lie under the Waterberg region and mines are gearing up to move in.
South Africa’s National Union of Mineworkers (NUM) said on Tuesday it had been given the go-ahead by authorities to stage a one-day nationwide strike on December 4 to highlight the issue of safety at mines. ”Yes, we are going on strike on December 4, we have been given the go-ahead,” NUM spokesperson Lesiba Seshoka said.