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South Africa places Ubank under administration

South African authorities have placed Ubank under administration citing concerns related to the bank’s financial metrics and governance.

South africaSouth africanZola besetiLesetja kganyagoMinerals council south africaPrudential authorityAfrican reserve bankNational union of mineworkersSouth african reserve bankNational unionMinerals council south

Ubank placed under curatorship, customers monies safe for now

Ubank, which mostly looks after mineworkers, was placed under curatorship by the South African Reserve Bank (Sarb) on Monday.

South africaEastern capeSouth africanZola besetiMabapa makgabo williamBank governor lesetja kganyagoMinerals council south africaAfrican reserve bank sarb onPrudential authorityNational union of mineworkersTeba cash financial servicesSouth african reserve bankBanks actNational unionMinerals council south

Fall-of-ground fatalities at South African mines drop,

The South African mining industry has made strides in preventing deaths from falls-of-ground incidents. But the industry’s safety record is still regressing after decades of improvement, the Mining Indaba heard on Wednesday.

South africaSouth africanRoger baxterSizwe phakathiMinerals council south africaMinerals councilMinerals council southHarmony goldMining indaba

African mining beginning to feel the benefits of the fourth industrial revolution (By Mark Venables)

Download logoBy Mark Venables, Consultant at African Mining Indaba (https://MiningIndaba.com) The digital age is set to disrupt the lives of individuals,

Cape townWestern capeSouth africaSouth africanRonny webber youngmanRoger baxterPieter theronMark venablesAlex mswakaMinerals council south africaMinerals councilUniversity of pretoriaHyve groupMinerals council of south africaAfrican miningAfrican mining indaba

Thungela resources extends rally as EU eyes Russia ban

Thungela could benefit as nations scramble to arrange alternative sources of thermal coal.

South africaUnited statesWaldo swiegers bloombergLester davidsMinerals council south africaEuropean unionThungela resources ltdUnum capital ltdAnglo american plcBloomberg newsUnum capitalMinerals council south

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