Initially he was known as Dinogwed. I had to think about the best type of dinosaur that would suit our mining minister. He couldn’t be a T-Rex. He was best suited as a lumbering herbivore, my first choice was an ankylosaurus. But it I don’t know where to fit the Gwed into the name – […]
Initially he was known as Dinogwed Read More »
A little more on the DMR Minerals Council case It also noted the removal of other provisions which were seen as onerous. “The judgment also sets aside the provisions around procurement of goods and services (especially the capital goods target), and supplier and enterprise development which the Minerals Council argued contained unachievable targets for mining
Back to the DMRE/Mineral’s Council case Read More »
As defined by Wikipedia Collateral damage is a general term for deaths, injuries, or other damage inflicted on an unintended target The chances are that the average reader of this blog could be regarded as collateral damage. This thought occurred to me when I attended an Afrisake business forum a few months' ago. My Afrikaans
We are just slowing down the (black) empowerment that we want to achieve, says the country’s mines minister. This is a difficult one. Clinging onto licenses for resources does give a government a lot of power and control but it also scares off investors. Diamond and uranium producer Namibia may scrap requirements for black ownership
Namibia may scrap black ownership requirements for miners Read More »
There are two personages that should not be spared today's vitriol. awdoz is the bee commissioner – great name when spelled backwards. wabenzi-gupta boy's name spelled backwards is enawz. awdoz and enawz are attempting to rule by decree. Let's start with enawz (you can pronounce is ehnause or eenouse if you choose). enawz has pushed
awdoz, enawz sdrawkcab. Will ruling be decree work? Read More »
wabenzi is determined to push his new mining charter through. Even that doos zuma told a public that openly detests him yesterday, that it is coming. The problem is that the mining houses have not agreed to it Mining companies in SA have been frozen out of consultation over regulatory changes that could dilute shareholders, raise
This will end up in court – mining charter on a collision course Read More »
This is the blog post that's been sitting in my head for over a week now. Let's say you are a mines minister who has been known to celebrate Diwali in Saxonwold and arrange for plane flights to Waterkloof and go to Switzerland to chat to Ivan about a certain Tegeta company and a mine.
Zwanton Behaviour – malicious mine minister mangles Mpowerment Read More »
Maladministration is a long-time reader of this writty. He's sort of faded off the radar but he knows a person or two. He responded to my weekend post Rob has a bigger problem. 3(2) is potentially meaningless to the objective he wants to achieve. All empowerment licensing regimes of which I know have specific BEE
Maladministration mails Read More »
The Minerals bill also puts great pressure on mining companies to give away 26% of their equity or assets to black economic empowerment (BEE) investors. It does so by redefining the Mineral and Petroleum Resources Development Act of 2002 to include a controversial code of good practice gazetted in 2009 but put on hold because
2009 Mining Charter is still on hold Read More »
This post is about HDSAs and procurement under the Mining Charter. I wouldn't recommend that you start getting all the white mommies that make up the cake and candy committee at St Stithians to form a HDSA company and take a shareholding in a mine. What am I saying – that's actually a very good
Who or what exactly is BEE enough for the mining charter? Read More »
