Kagiso Tiso and trusts to get 27. 4% of AECI in BEE deal

Ingi Salgado|Published

AECI yesterday elevated Kagiso Tiso, the black economic empowerment (BEE) partner in its mining explosives subsidiary, to a shareholder of the holding company, and ...

Messy facts about our coal addiction

Ingi Salgado|Published

Having alerted the world to the dangers of deep-sea drilling in the Arctic, Greenpeace brought its in-your-face brand of activism home yesterday when it dumped 5 ...

ArcelorMittal SA mop-up costs R5bn

Ingi Salgado|Published

ArcelorMittal South Africa will hav spent R3. 8-billion in the decade to 2015 on projects to cut pollution from operations on top of a worst-case legacy cost of ...

Ayigobi hopes to stay within the fold of ArcelorMittal SA

Ingi Salgado|Published

The Ayigobi consortium hoped to remain the black economic empowerment partner of ArcelorMittal South Africa, despite a setback in the steel maker’s relations with ...

Just chill, we have a fall-back plan - Eskom

Ingi Salgado|Published

Eskom reassured electricity customers yesterday that it had a fall-back plan to keep the lights on this winter, even as it anticipated record peak demand last night ...

Flat year for Adcorp but market share is up

Ingi Salgado|Published

Employment services company Adcorp reported flat headline earnings for the year to February yesterday and conceded that the year had been challenging as a result ...

Minister asked to intervene in De Beers’ proposed mine sale

Ingi Salgado|Published

Mineral Resources Minister Susan Shabangu might consider a request to intervene in the proposed sale of De Beers’ Namaqualand mine to Trans Hex and other parties. ...

Wind farm criteria spark Refit concern

Ingi Salgado|Published

The department of Environmental Affairs has proposed a set of compliance criteria specifically for wind farms - but will not apply the standard retroactively to ...

IDC beefs up investment budget to R102bn

Ingi Salgado|Published

The mineral processing and renewable energy industries would be among the first big beneficiaries of a R102-billion five-year investment plan by the Industrial Development ...

NGOs call for fairer mine law overhaul

Ingi Salgado|Published

Environmental and rights groups said on Wednesday that separate and unequal environmental rules for mines were “no longer defensible”.

Call to ban exploration in the Karoo

Ingi Salgado|Published

Groups opposing shale gas mining bids by Shell and other explorers in the Karoo yesterday asked the government to immediately end these plans and ban any future ...

Roadmap set for cleaner fuel by 2017

Ingi Salgado|Published

The government on Tuesday released long-awaited proposals for implementing cleaner fuel standards by 2017.

Sasol competition fines fail to dent profit trend

Ingi Salgado|Published

Sasol’s penalties for breaching competition laws since 2008 on Monday tallied R4. 06-billion - not counting possible fines arising from unfinished competition probes. ...

Mines threaten water catchment areas

Ingi Salgado|Published

The Mpumalanga Tourism and Parks Agency has received 1 775 mining and prospecting applications since 2005, raising concerns about acid mine drainage in South Africa’s ...

Carbon tax a dark cloud for polluters

Ingi Salgado|Published

The government’s proposed carbon tax could earn R82. 5 billion a year for the fiscus, or 12 percent of South Africa’s estimated tax collections in the year to March, ...

NGOs still seeking ArcelorMittal SA’s ‘masterplan’

Ingi Salgado|Published

Environmental groups are planning legal action to force ArcelorMittal South Africa to publish a secret eight-year-old environmental “masterplan”.

Wild Coast plans show preference for mining

Ingi Salgado|Published

For some time, the state has withheld two pieces of information with significance for mining along the Wild Coast of the Eastern Cape. Under much pressure, the government ...

Nestle brings cereal home with expansion

Ingi Salgado|Published

Nestle has announced a three-pronged investment in South Africa of R505-million.

Sasol scraps Indonesian coal plan

Ingi Salgado|Published

Sasol will pull the plug on a proposed coal-to-liquids facility in Indonesia as it plans to focus on making fuel from gas.

BP and Shell urge state to buy into Sapref

Ingi Salgado|Published

BP and Shell, the co-owners of South Africa’s biggest refinery, propose the state takes a share in their joint venture.

Study sends agriculture warning to Africa

Ingi Salgado|Published

Agricultural research produced in partnership with the Bill and Melinda Gates Foundation concluded last week that Africa should stop relying on just a handful of ...

Zuma’s team moots BEE overhaul

Ingi Salgado|Published

President Jacob Zuma’s BEE advisory council is examining whether stricter criteria should be imposed on small enterprises.

Fuel price up 12% in year

Ingi Salgado|Published

Wednesday’s fuel price hike will lift petrol prices 12 percent higher than a year ago.

JSE berates Awethu and SA French

Ingi Salgado|Published

The listing woes of Awethu Breweries and SA French continued into 2011.

JSE’s green index gets red light from NGOs

Ingi Salgado|Published

Environmental groups that complained to the JSE about nine companies on the 2010 Socially Responsible Investment index have kept up the pressure.