dividend policy in the south african mining industry

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  • South African Mining: A Path to Competitiveness and Growth ...

     · The mining value chain is the historic bedrock of South Africa''s economy. It directly contributes more than 300 billion rand to GDP, directly employs more than 450,000 people, and is the economic anchor of many communities around the country. Unfortunately, much of the news about South African mining in recent years has been negative.

  • S.Africa''s ARM doubles interim dividend payout as half ...

     · The South Africa-listed company on Wednesday declared a dividend of 10 rand per share for the six months ended December, compared with 5 rand per share a year earlier. ... "The mining industry …

  • Minerals and Mining Policy of South Africa: Green Paper ...

    The Mining Qualifications Authority will advise the Minister of Minerals and Energy on education and training policy in the mining industry, in line with the Mine Health and Safety Act of 1996 and the South African Qualification Act of 1995.

  • Harmony Gold unveils new dividend policy

     · Harmony Gold Mining Company unveiled a new dividend policy as it recorded a whopping 336 percent spike ... the rest of the industry. ... in line with the South African …

  • Policy and Regulatory Framework for South Africa''s Mining ...

     · There''s never been a more pertinent time to reflect on the current landscape of the mining industry in South Africa than now. The year 2018 was an eventful year for the mining industry…

  • Change in dividend tax rate post the South African budget ...

     · Harmony Gold Mining Company Limited ("Harmony" and/or "the Company") advises that following the announcement of the Budget Speech delivered on 22 February 2017 by the Minister of Finance in South Africa, the withholding tax on dividends was increased from 15% to 20%. This change will have an impact on the interim dividend that was ...

  • The Impact Of Covid-19 On The Mining Sector

     · South Africa''s mining sector is particularly exposed to the spread of Covid-19. According to the Minerals Council of South Africa, the industry employs a workforce numbering almost 420,000, many of whom are underground on any given day. Some mines have thousands of men and women underground, descending into the depths in crowded "cages".

  • Mining

    enhancing the sustainability of mining in South Africa. Initiatives introduced by the South African mining industry to improve safety in the country''s mines, have resulted in a more than 50% reduction in fatalities. The mining industry has adopted a zero harm policy and wellness of …

  • Mine report 2019

    view of the industry''s attractiveness. Mining dividend yields have increased to ... Finalisation of mining charter in South Africa Increased royalty taxes and GST in Zambia, new mining ... Divestment policy deadline looms - Indonesia Philippines: new regulations restricting mining activities 7% 9% 9% 6% 46% 7% 19% 60% 9% 66% 7% 24% 15% 9% 9% ...

  • dividends in mining in south africa

    Mining and minerals in South Africa - SouthAfrica . R16.2-billion in dividends (only 3.7% of total). ... South Africa''s mining industry has become safer as well …

  • MINERALS AND MINING POLICY OF GHANA Ensuring …

    Minerals & Mining Policy of Ghana: Ensuring mining contributes to sustainable development. 8 These challenges created extreme difficulties for the maintenance and rehabilitation of the mines. The mining industry therefore stagnated and up to the early 1980s, as there were no significant new investments in Ghana‟s mining sector.

  • Occupational lung disease in the South African mining ...

     · South African miners face an epidemic of occupational lung diseases. Despite a plethora of research on the mining industry, and the gold mining industry in particular, research impact (including disease surveillance) on policy implementation and occupational health systems performance lags. We describe the gold mining environment, and research on silicosis, tuberculosis, HIV and …

  • A Minerals and Mining Policy for South Africa

    i. The South African mining industry, one of the country''s few world-class industries, has the capacity to continue to generate wealth and employment opportunities on a large scale. ii. Mining is an international business and South Africa has to compete against developed and developing countries to attract both foreign and local investment.

  • Caledonia Mining: High-Dividend Gold Producer From ...

     · Caledonia Mining is an established and profitable gold producer in Zimbabwe expanding production from the Blanket Mine in the Gwanda Greenstone Belt, Zimbabwe. With the …

  • How South Africa can multiply its minerals dividend ...

     · How South Africa can multiply its minerals dividend. Although minerals beneficiation – which the South African government is committed to – is a notoriously poor development vector, there are industrial benefits to be reaped from a strong mining industry. The Institute of Race Relations'' (IRR) policy paper, Multipliers from Mining, shows ...

  • Dividends

    ArcelorMittal South Africa''s dividend policy has changed since December 2011 and the dividend payout is now at the discretion of the Board of directors depending on Earnings, Financial condition, Cash availability and the Capital requirements to sustain the business and support future growth.

  • Double dividends of additional water consumption charges ...

    some sectors of the mining industry, combined with a tax break on food, would be the most effective policy option. This would achieve the joint goals of diminished water consumption, reduced poverty, and growth of the South African economy. This policy brief is …

  • Covid-19: South Africa allows mining sector to operate at ...

    Covid-19: South Africa allows mining sector to operate at 50% capacity. 17 Apr 2020 (Last Updated April 17th, 2020 13:16) The Government of South Africa has agreed to allow the mining sector to operate at up to 50% of its production capacity during the nationwide lockdown. The pit at the Premier Mine, Cullinan, Gauteng, South Africa.

  • v115n8a2 Transformation in the South African mining ...

    Transforming the mining Industry The Mining Charter is the policy instrument to effect transfor-mation of the South African mining sector (Department of Mineral Resources, 2009). Despite being considered a priority by government and industry, the evidence on the extent of transformation in the mining industry is, at best, unreliable (Mitchell ...

  • South African mining is in crisis | The Economist

     · South Africa''s mining industry is shrinking. At its peak in 1980, mining accounted for a fifth of the country''s GDP; the number now stands at 7.3%. High costs, low commodity prices, labour ...

  • Jumping on the ESG bandwagon pays dividends for global...

     · An 18.1% rise in mining output in the first quarter of this year contributed significantly to the 4.6% annualised bounce in South Africa''s GDP in that period.

  • Policy and Regulatory Framework for South Africa''s Mining ...

     · ENGINEERING NEWS / 08 FEBRUARY 2019 - 11.09 / LUCAS MOALUSI & GODFREY MALESA There''s never been a more pertinent time to reflect on the current landscape of the mining industry in South Africa than now. The year 2018 was an eventful year for the mining industry. The year saw the election of Cyril Ramaphosa as the new President of the ruling African National …

  • Mining Health and Safety in South Africa | The African ...

    But these resources are blighted by a tumultuous mining health and safety record. "The number of deaths due to mining incidents for the period of June 1, 2008 to June 1, 2009 were 142 deaths of miners lawfully employed (and) 135 deaths of illegal miners" South Africa''s Mines Minister Susan Shabangu said in a written reply to government on ...

  • SA Mine 9th edition

    5 SA Mine 9th edition ighlighting trends in the South African mining industry wC 6 South Africa''s Mining landscape Overview The 2017 financial year was another tough one for stakeholders in the mining sector: • Investors in aggregate saw a decrease in dividends and market capitalisation after a cautiously optimistic view on a recovery last

  • DETERMINANTS OF DIVIDEND PAY-OUT POLICY: A CASE OF THE (...)

    Abstract This paper sought to shed light on dividend policy within the gold mining industry in South Africa. Several cause-and-effect variables of dividend policy are discussed, in order to lay down the theoretical framework for the research. These are size, managerial ownership and foreign ownership. To meet the objectives of the study, data from seven mining companies listed on the ...

  • Healthy PGM-derived dividends ahead ...

     · De Hoop also notes that the strong profits of the PGM and iron-ore miners should also be a great tax boon for South Africa, with the mining industry overall …

  • CHAPTER 5 EDUCATION AND TRAINING IN THE MINING …

    The current legislation, policy and H&S education and training approaches have been influenced by the long history of mining in South African and by H&S developments across the whole mining world. Smith and Mulder (2004) summarize the eras of mine H&S management in South Africa …

  • Mining Law in South Africa | Laws regulating Mining Law

     · Which body or government administers the mining industry. In South Africa, the Mineral and Petroleum Resources Development Act 28 of 2002 (" MPRDA "), is the primary regulatory framework for the exploitation of mineral resources in South Africa. The MPRDA was established against the backdrop of the new Constitutional dispensation and came ...

  • The Dividends from a Revenue Neutral Tax on Coal in …

    South African policy makers will have to consider the objective of increasing ... dividend. The general equilibrium model that is applied is a South African ... regard to the production of coal, the database includes the South African coal-mining industry that supplies coal not only to the South African …

  • FirstRand Declares Dividend in Expectation of South Africa ...

     · It''s the first of South Africa''s big four banks to issue a payout and follows a surprise first-half dividend announcement by smaller Investec Ltd. in November. For the country''s largest financial institutions, the crisis has further hampered growth in a struggling economy with rising government debt, forcing them to set aside billions of ...

  • dividend policy in the south african mining industry

    dividend policy in the south african mining industry - Wikipedia. Limited is an integrated energy and chemical company based in on South Africa. The company was formed in 1950 in burg South Africa and is the world ... By Martin Creamer 4th December 2017 Without change the South African mining industry would lose another 100 . Inquiry Online.

  • Jumping on the ESG bandwagon pays dividends for global ...

    An 18.1% rise in mining output in the first quarter of this year contributed significantly to the 4.6% annualised bounce in South Africa''s GDP in that period.

  • Final dividend of R0.90 per share demonstrates further ...

     · The Board approved a 90 cent per share dividend, taking the full year dividend to 100 cents per share, maintaining an industry leading dividend yield at 4.6% (applying the average 2015 share price of 2247 cents per share). Approximately R916 million will be returned to shareholders.

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