Indigenisation Will Have Dire Consequences For Mining Sector

Mar 05, 2014 Terence Goodlace, CEO of Impala Platinum was quoted this week as saying the strike in the platinum sector will have absolutely dire consequences for the industry. Business Day said Impala has lost 80,000oz of production to date because of the strike and R1.7bn in revenue, but is guaranteeing foreign deliveries until the end of March and

Aug 25, 2021 CoastLine: Hopper dredging year-round will have dire consequences for sea turtles and sturgeon, says SELC in lawsuit against Army Corps — oh, and it’s illegal. Dredge Murden, hopper dredge Posted on August 25, 2021

Nov 18, 2016 “Its implementation in its current form will have dire consequences for the mining industry and the entire South African economy at a time when both are

Nov 17, 2016 “Its implementation in its current form will have dire consequences for the mining industry and the entire South African economy at a time when both are

Jan 10, 2019 And although Ethereum will still be mineable until that fateful day in which PoS comes, some decisions made for this hard fork will have dire consequences for Ethereum miners.” Impact Of Ethereum In The GPU Mining Industry. Ethereum represents a big image in the GPU mining industry

Oct 15, 2019 The South African government’s continuous attempts to protect the country’s primary steel producer, ArcelorMittal South Africa (Amsa), will have dire consequences for other manufacturing as well as the steel sector as a whole, according to a statement from Gerhard Papenfus, chief executive of the National Employers’ Association of South Africa (Neasa)

Jun 27, 2021 27 June 2021 – Junior miners are hoping that the brighter mood in South Africa’s mining sector will translate practically into more exploration and development, with government taking an active collaboration role.. This optimism underlays the generally positive sentiment at the recent Junior Mining Indaba although the sector was clearly impatient for change

A one-size-fits-all or a jambanja approach to indigenisation is ill-advised and inappropriate, especially in the banking sector. It is also a fact that where there is perceived attacks on or

The copper mining industry in Zambia has a negative impact on biodiversity and nature. As a result of the mining and industrialised exploitation inter alia in the territory of Lamba, the Lamba people of the Copperbelt have increasingly noticed the extinction of species, loss of cultural heritage and the devaluation for nature

Mar 19, 2021 If India proceeds with a rumored ban on cryptocurrency, it wouldn’t be the nation’s first try and impose foreign money controls. This time, nonetheless, a ban is even much less prone to succeed — and the implications for India’s economic system may very well be extra dire

Aug 20, 2021 The energy transition will put new, and greater, pressures on the global mining industry, triggering demands for enhanced mineral supply chain security. The reason for this is that many new-energy items – from turbines to vehicles – need greater volumes of minerals than their existing, old-energy equivalents

Feb 04, 2021 That’s a huge deficit, especially considering the enormous benefits digital technology can bring to the sector. By accelerating digital transformation, metals and mining players can boost throughput, simplify processes, lower costs, improve metal recovery and yield, and reduce supply chain complexity. It’s not easy to pull off, but a handful of companies have done it—and after a closer

Mar 10, 2015 A decline in revenues from the mining sector, which was the highest contributor in 2013, will have dire consequences for the country in 2015, the year the government is

Jun 26, 2019 Gold mining will not stop, submissions to Fidelity will. June 26, 2019. Posted in NEWS. The recent announcement of 100% local payment system had miners outraged. Miners were lamenting for price hikes from US$55/RTGS45 to at least US$80%/20% rtgs and being hit by a 100% local currency payment that’s losing value daily was a major drawback

Apr 06, 2016 We expect all ministers to tackle the indigenisation agenda in the spirit of oneness as directed by Cabinet. We have ministries like Industry and Commerce, Mines and Mining Development, Finance, Information Communication and Technology, Energy and Power Development and Economic Planning and Investment Promotion but we don't hear them urging

Nov 22, 2016 That’s the introduction of a new mining charter in key producing nation South Africa. Which the government said is going ahead this coming month — despite objections from miners, who say the new rules will have “dire consequences” for the industry