January 1, 1970

Zwane reveals final Mining Charter, despite mining boycott

The new and final Mining Charter revealed by Mineral Resources Minister Mosebenzi Zwane increases the level of black ownership at mining companies from 26% to 30%. […]
January 1, 1970

12-month deadline to reach 30% black mine ownership

Mining companies will have 12 months to adhere to the 30% black ownership requirement set out in the new Mining Charter that will be gazetted, says […]
January 1, 1970

Markets bloodbath as Zwane shocks mining sector

The rand dived almost 2% and mining firms saw about R30bn shaved off their combined market capitalisation after Mines Minister Mosebenzi Zwane announced a new stringent […]
January 1, 1970

Rand breaks key resistance at R13/$

The rand has broken key resistance at R13.00 to the green back, pointing to further gains towards R12.50$ and thereafter R12.00/$. Source: News