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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.
  • Newmont beats Q4 earnings forecast; output on par with largest gold producer Barrick
    US gold miner Newmont Mining as reported market-beating earnings for the three months ended December, reporting production that is on par with that of leading gold producer Barrick Gold. The Denver, Colorado-based miner reported headline earnings for the fourth quarter of $216-million, or $0.40 a share, which was higher than average Wall Street analyst forecasts calling for earnings of $0.38 a share, on expected revenues of $1.91-billion. The performance was a 60% improvement on the adjusted earnings of $133-million, or $0.25 a share in the prior-year quarter.
  • Families of slain Marikana miners call on Ramaphosa to turn his promises into action
    Following President Cyril Ramaphosa’s promise of atonement for the Marikana massacre, 36 families of the striking miners who were killed have said that reparations should include a formal apology from the police minister and criminal charges against the police officers involved. During Ramaphosa's response to the debate over his first State of the Nation Address (Sona) this week, he said he was determined to play whatever role he could in the process of healing and atonement in relation to the Marikana massacre.
  • De Beers sets higher output target for 2018
    Global diamond miner De Beers has set a production target of as high as 36-million carats for 2018. In its 2017 results announcement the Anglo American subsidiary reported a production guidance of 34-million carats to 36-million carats, which compares with 33.45-million carats produced in 2017.