Off The Wires

Sibanye agrees wage deal with AMCU, say reports

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SIBANYE Gold has dodged a potentially acrimonious strike at its mines after agreeing a wage deal with the Association of Mineworkers & Construction Union...

AMCU to serve strike notice at Sibanye Gold

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THE Association of Mineworkers & Construction Union (AMCU) is to serve notice of its intention to strike from Wednesday at the facilities of Sibanye...

Labour Appeal Court rejects AMCU gold strike bid

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SOUTH Africa's Labour Appeal Court has dismissed an application by the Association of Mineworkers and Construction Union (AMCU) to appeal an interdict preventing a...

Security increased after looters invade Marange

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Security was increased at the Marange diamond fields in Zimbabwe's after looters invaded mining premises in the area.

Zimbabwe diamond miners plan to sue Govt.

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Zimbabwe Diamond Mining Company planned to sue the government for breach of contract after it banned gem mining in the east of the country.

NUM membership falls to 1990s level

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David Sipunzi, National Union of Mineworkers general secretary blamed a decline in its membership on job losses and a failure to process membership forms.

CoM applauds Gordhan’s restraint on tax

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The Chamber of Mines of South Africa applauded the 2016 National Budget presented by newly appointed finance minister, Pravin Gordhan.

BHP cuts dividend for first time in 15 years

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BHP Billiton cuts its dividend for the first time in 15 years as half year profits fell 96%, and said it would abandon its progressive dividend policy.

Molefe surprised by coal contract probe report

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Eskom CEO, Brian Molefe, said a report that South Africa’s National Treasury would conduct an investigation into its coal contracts was "a surprise".

Acacia hedges Buzwagi gold production

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Acacia Mining said it had hedged the dollar denominated production from its Buzwagi mine in 2016 which it may extend to 2017.