“Minerals Council only supports a 30% black ownership target on new mining rights, with shares allocated for communities, organised labour and black entrepreneurs,” the council said in a statement.
Diamond producer, De Beers Group will launch Lightbox Jewelry, a new laboratory-grown diamond jewellery company, in September.
Gold producer AngloGold Ashanti has begun a consultation process with employees that contemplate some 2 000 roles across the company’s South African business, which currently employs roughly 8 200 people.
The Minerals Council South Africa (formerly known as the Chamber of Mines) recently re-elected its current bearers to serve for the 2018/19 term of office.
UD Trucks looks to increase market share in truck market.
Vedanta Zinc International (VZI), a subsidiary of AIM-listed Vedanta Resources, recently started a feasibility study into the development and construction of a Zinc Smelter-Refinery Complex at its Gamsberg project at Black Mountain Mining, Northern Cape.
WorleyParsons RSA has been involved in some of the biggest mining projects in Southern Africa.
Black-empowered coal and heavy mineral company, Exxaro Resources, and Roads Agency Limpopo (RAL) have recently signed a Memorandum of Agreement (MoA) for the upgrade of the D2001 road in Lephalale, Limpopo Province.