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samcodes squirrelP.O. Box 61127, MARSHALLTOWN, 2017 Tel: (+27)11 834 1273.
Fax: (+27) 833 8156. Web: www.samcodes.co.za

squirrelEach year the Investment Analyst Society of South Africa (IASSA), in conjunction with SAMREC, presents a (Squirrel) Award to the JSE listed Company which has produced the Integrated Annual Report most compliant with Section 12.1 (of the JSE Listing Regulations), the SAMREC Code (including Table 1) and the SAMVAL Code. Adjudication of the reports is done by a panel of experts drawn from the mining industry and the JSE Readers Panel.

The award is usually in respect of the previous year’s reporting. The Squirrel awarded in 2016 went to AngloGold Ashanti for their 2015 Integrated Annual Report. During 2017, IASSA/SAMREC awarded two Squirrels – one for companies with a market capitalization greater than R15M and one for companies with a market capitalization less than R15M. The winners of these trophies (presented in June 2017) were Impala Platinum Holdings Limited and Keaton Energy Holdings Limited, respectively, for reports submitted during 2016. They were awarded at the Business Day/ IASSA awards function held at the JSE (and presented live on Business Day Television).

So, if you want to want to win a Squirrel next year, you don’t have to do anything except compile an exceptional JSE Section 12 and SAMCODE compliant Integrated Annual Report. Our adjudication panel will do the rest. Further information can be obtained at www.samcodes.co.za.

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Other mining news

Mining Weekly | Africa

The latest mining world news and project information from Africa.
  • Rio launches $2.5bn share buyback
    Diversified major Rio Tinto will spend an additional $2.5-billion on its ongoing share buy-back programme, funded by the recent sale of its Coal & Allied subsidiary to ASX-listed Yancoal. The capital return programme will be executed through a combination of an off-market buy-back tender, targeting A$700-million of Rio’s shares, with the balance of around $1.9-billion of additional funds allocated to the company’s existing on-market purchase of Rio shares.
  • Tharisa transitions to owner mining, absorbs 900 contractor personnel
    Platinum group metal (PGM) and chrome co-producer Tharisa Minerals on Friday announced the unconditional purchase of mining equipment from MCC Contracts as part of its switch to owner mining, which includes the employment of 900 MCC employees, effective from October 1.  The company, which has until now used mining contractors at its operations, believes the transition to owner mining is the next logical step in its development, the Johannesburg Stock Exchange-listed company said in a release to Creamer Media’s Mining Weekly Online.
  • South32 adds to board
    Diversified miner South32 has made two addition to its board of directors, with the appointment of Dr Xiaoling Liu and Karen Wood, who will join the board as independent non-executive directors. Xiaoling will join the South32 board on January 15, and will seek election at the company’s next annual general meeting, while Wood’s appointment will be effective from November 1, and she will seek election at this year’s annual general meeting.