Orion cuts staff, contractors, executives take pay cuts ahead of project...
ORION Minerals had "significantly" reduced the number of employees and contractors in order to conserve cash as the economic effects of the COVID-19 pandemic...
Petra buys Finsch for R1.4bn
Petra Diamonds has bought the Finsch mine from De Beers which will boost the company into the world diamond mining big league producing nearly 3m carats annually.
Zim severs more ties with Guptas
Veteran businesman Lazarus Zim has shed another tie with the controversial
Gupta family, withdrawing Atul Gupta as an alternate director on the board of
Northam Platinum.
Structurally inflexible, the PGM sector can only watch and wait
ONE question put to Anglo American Platinum (Amplats) by a US investor on a recent roadshow was whether South Africa’s platinum group metals (PGM)...
The day AngloGold was worth more than Anglo American
FOR a brief but delicious moment, AngloGold Ashanti was worth more than Anglo American, its former parent company. On November 27, AngloGold hit a...
Bushveld signs five year wage agreement with AMCU for Vametco employees
BUSHVELD Minerals said it had signed a five-year wage agreement with the Association of Mineworkers & Construction Union (AMCU) for employees at its Vametco...
Union outlines its nationalisation model
The National Union of Mineworkers says it may support state intervention in the mining sector that is based on public-private partnerships, similar to those in neighbouring countries.
Northam closes in on R3.4bn BEE revamp
Northam Platinum is edging towards empowering 22% of the company after its previous BEE partners sold their shares to avoid breaking bank convenants.
Merafe, Glencore agree to extend PGM processing partnership
MERAFE Resources and Glencore are to extend an agreement to produce platinum group metals (PGMs) which occurs as a by-product in the chrome joint...
Wesizwe suspended from JSE amid signs of debt crisis
TRADING in Wesizwe Platinum shares was suspended by the Johannesburg Stock Exchange today as the firm's funding crisis appeared to deepen.
Wesizwe said the suspension...