The Southern Africa Resource Watch (SARW) has lodged a notice of intention to defend a strategic lawsuit against public participation (SLAPP) brought against the organisation by a Canadian mining company, First Quantum Minerals (FQM) at the Gauteng High Court in Johannesburg. SARW is an independent,…
NORTHERN CAPE – Spirro Louverdus (48) pleaded guilty before Kimberley Magistrate court on Tuesday, 13 April 2021 and was sentenced to five years imprisonment wholly suspended for five years and a further fine of R1.5 million. This follows a project driven investigation by the Directorate…
NORTH WEST – Emmanuel Pule Lorekang (43) made a brief appearance before the Mahikeng Magistrate's Court this morning following his arrest on Thursday. He was arrested by the Hawks' Serious Commercial Crime Investigation for allegedly conspiring to defraud ABSA account holders with his co-accused, Isaac…
An intelligence driven operation has landed three suspects in jail after they were found with six rhino horns. The operation comprising of the Serious Organised Crime Investigation, Detectives, Crime Intelligence, Tactical Response Team, Tracking Team and the Local Criminal Record Centre ensued after it emerged…
The second meeting of the Emergency Committee convened by the WHO Director-General under the International Health Regulations (IHR) (2005) regarding the outbreak of novel coronavirus 2019-nCoV in the People's Republic of China, with exportations to other countries, took place on Thursday, 30 January 2020, from…
AngloGold Ashanti has made the difficult decision to begin a consultation process with employees in terms of section 189 and 189A of the Labour Relations Act, with respect to restructuring certain of its South African business units. This follows a review of the options to…
Diamond trading slowed in November as Indian liquidity dried up and manufacturing shut down for Diwali. U.S. jewelers completed their inventory purchases and focused on selling during the holiday season rather than buying from overseas suppliers. Sentiment improved as the season began. Stock markets rallied…
Today, Internet Solutions, the pan-African communications provider, announced through its parent company Dimension Data (Pty) Ltd, that it entered an agreement to acquire the business of MWEB and shareholders. If successful, the transaction is expected to be completed in the first quarter of 2017. Read…
AngloGold Ashanti announced a significant jump in third-quarter free cash flow to $161m, further improving its net debt position despite a decline in ore grades at some of its operations and a challenging operating environment for its South African business. Free cash flow was $161m,…
Trump's election victory coupled with Republican control of Congress is expected to set the stage for improved economic conditions that will support increased demand for diamonds and jewelry. Lower taxes, higher domestic employment and the end of Obamacare will increase disposal income and encourage investment…