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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.
  • Stronger-than-expected iron-ore price rally not expected to last - BMI
    The strong iron-ore price rally over the last several months is not expected to last and will gradually run out of steam over the next several years as Chinese economic growth refocuses away from heavy industry to services, dampening global demand for the steel-making ingredient, Fitch Group-affiliated BMI Research said in a report. Iron-ore prices are trading within a higher-than-expected trading range in the opening months of 2018 following a strong rally in November and December 2017, driven by rising steel prices.
  • Northam Platinum to create 6 500 new jobs in growth thrust
    Platinum group metals (PGM) mining company Northam, which is in a strong organic and acquisitive growth phase, will be generating 6 500 new mining jobs in the next four to five years, which dovetails with President Cyril Ramaphosa's 'sunrise' aspirations expressed in his well-received State of the Nation Address. A current employer of 12 000 people, including contractors, Northam is in the midst of spending R5.5-billion capital on strategically timed, on-track growth projects, which are combining with acquisitive growth to reposition the company as a million-ounce supplier of PGMs, used to clean the air of all the world's major cities and adorn as a precious jewellery metal of choice. (Also watch attached Creamer Media video).
  • BMR's acquisition of Zambian prospecting licence finalised
    Mineral processing company BMR Group has made the final payment due to Zambia-based Bushbuck Resources, in order to complete the acquisition of prospecting licence 19653, better known as the Star Zinc project.        As a result, Bushbuck no longer has any charge over either the removable assets of BMR's wholly-owned subsidiary Enviro Processing, which owns all of the assets at BMR's principal operations in Kabwe, bar the property, or $570 000 of new ordinary...