South Africa Inspecting Platinum Mine Safety Stops
Reuters reported South Africa's Chief Mine Inspector has set up a task team to review how and when platinum mines are shutdown due to safety concerns.
Reuters reported South Africa's Chief Mine Inspector has set up a task team to review how and when platinum mines are shutdown due to safety concerns.
Reuters reported Prime Minister Morgan Tsvangirai said Zimbabwe's local ownership rules for foreign mining companies are too stringent.
Bloomberg reported Zimbabwean Prime Minister Morgan Tsvangirai said the country’s “warped” policy eroded confidence and delayed investments.
Bloomberg reported Zimbabwe plans to establish a sovereign wealth fund that will hold stakes in mining companies.
Bloomberg reported Impala Platinum Holdings Ltd. (JNB:IMP) said it will submit a new proposal to sell a majority stake in the company by November.
Bloomberg reports that mine companies in South Africa have reacted in a “disappointing” way to the debate over nationalization.
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