Exxaro to cut down workforce
Exxaro Resources says up to 300 of its 10,500 workforce faced being retrenched in an effort to reduce costs and improve productivity at the diversified mining group.
Barrick identifies North Africa as one of new gold regions about...
BARRICK Gold listed North Africa has one of the regions about which it was most excited in terms of resource growth, as well as...
Eskom hike failure a wrong turn, say economists
The popular vote applauded Nersa's decision to turn down Eskom's tariff hike application, but economists wonder if it wasn't a wrong turn.
Lucapa appoints ex-De Beers head as non-executive chairman
LUCAPA Diamond Co. said it had appointed ex-De Beers head Stuart Brown as its non-executive chairman. He replaces Mikes Kennedy in the role.
In addition...
Eskom extends restructure to executive class after failing to make cost...
ESKOM'S cost-cutting drive will be extended to its executive class after the South African state-owned utility said today an operational efficiency drive had not...
Resolute to lift Syama output 25% to 250,000 oz
AUSTRALIAN-listed gold producer, Resolute Mining, has approved the $95m extension of its 80%-owned Syama gold mine in Mali which will increase production a quarter...
AMCU serves demands on bad day for golds
The Associated Mineworkers & Construction Union issued gold wage demands on a day in which gold shares endured another tough day on the bourses.
State-owned Alexkor posts operating profit
State-owned diamond miner Alexkor has posted its first gross operating profit in five years, says Deputy Public Enterprises Minister Ben Martins.
AngloGold’s Dushnisky talks up $550m plan to breathe new life into...
NEW AngloGold Ashanti CEO, Kelvin Dushnisky, has given a glowing endorsement of the prospects for the group’s Obuasi gold mine currently under development at...
Another silicosis ruling hits miners
The Chamber of Mines have lost another silicosis-related case, forcing firms to assume responsibility for deficits in the compensation fund for employees with pulmonary disease.