Tuesday, March 20, 2018

An audit by South African gold producers has shown "little change" in the disputed membership numbers of the AMCU.

Sibanye Gold is expected to produce 1.43 million ounces of gold for its 2013 financial year, some 140,000 more ounces that guided in May, 2013.

South African platinum producers submitted pay offers at a meeting with the Association of Mineworkers & Construction Union.

Ghana may breathe fresh life into a windfall tax proposal that had been written into a bill but was not considered by the country's parliament in 2012.

Proposed amendments to the MPRDA may have to wait until after the elections, said Faith Bikani who chairs parliament's minerals portfolio committee.

UASA leader Franz Stehring said Anglo American Platinum would spin off its non-core Rustenburg assets into a separately listed company.

Anglo American subsidiary, Kumba Iron Ore, said full year production would be between 45 and 46 million tonnes.

Changes to SA's minerals law would not take place until next year as they required refinement, said Faith Bikani, chairperson of the minerals portfolio committee.

Gold Fields is considering two alternative mining methods that would derisk its South Deep project.

QKR, which earlier this year successfully bid for AngloGold Ashanti's Navachab mine, is reportedly bidding for Nevsun Resources.