I warned that the EFF's total disregard for the rules would cause serious problems in years to come, writes Melanie Verwoerd.
Mostly sunny. Mild.
Lawyers say it would be difficult to quantify the exact number of possible claimants to be covered in the R5bn silicosis settlement, and that the majority of them are living in poverty.
The rand-dollar exchange rate, the Mining Charter and socio-economic conditions present uncertainties for African Rainbow Minerals, as it moves into the second half of its financial year.
African Rainbow Minerals - chaired by billionaire Patrice Motsepe - has increased headline earnings 204%, its provisional results show.
Patrice Motsepe’s African Rainbow Minerals reported a R283m loss, despite growing headline earnings by 234%.
The six companies that are members of the Occupational Lung Disease Working Group want leave to appeal against a class action certification judgment.
SA can overcome its mining industry challenges, as long as global shareholders look at it as a competitive and a good industry to invest in, says Patrice Motsepe.
African Rainbow Minerals, owned by billionaire Patrice Motsepe, will keep its stake in Harmony Gold even as SA’s third-biggest miner of the metal trades at 17-year lows.
African Rainbow Minerals, which was founded and now chaired by billionaire Patrice Motsepe, says it could cut jobs after weak metal prices ate into earnings.
African Rainbow Minerals, founded by billionaire Patrice Motsepe, has reported a 10% rise in headline earnings for the year ended June 30.
SA entrepreneurs need to move on and put the BEE bugbear to rest, says Marc Ashton.
A revolt is brewing among one of the communities at the richest end of the country’s platinum belt and fingers are being pointed at the “arrogant” mines for neglecting community concerns.
African Rainbow Minerals has dropped KPMG as its internal auditors, the company said.
African Rainbow Capital, financial-services firm started by Patrice Motsepe plans to raise more than R3bn in an initial public offering of its investment-holding unit.
Mining house faces looming battle over lease valuation.
Diversified mining group African Rainbow Minerals says its profit has halved due to sharply softer commodity prices, prompting layoffs and cost cuts to stay afloat.
Iron ore producer Assore has bought out African Rainbow Minerals' 50% stake in the country's Dwarsrivier chrome mine.
Patrice Motsepe says the way Afrikaans business people intertwined their own success with their own communities should be broadened throughout South Africa.
Mining group African Rainbow Minerals says its earnings have fallen by more than 50% due to lower prices for commodities such as iron ore and platinum.
African Rainbow Minerals, founded by billionaire Patrice Motsepe, has reported a 10% jump in headline earnings from R3.737bn to R4.11bn.
An exception is the gold industry. South African gold miners are struggling to maintain production levels.
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