Implats chases peace in 4.8% wage hike
On a poor day for South Africa Inc. - with Amplats to dismiss 23,000 employees and
a Moody’s downgrade - Implats said that it would grow its wage bill 4.8% in an
effort to restore peace.
Lucara Diamond Corp. forecasts diamond sales of up to $220m in...
LUCARA Diamond Corporation forecast diamond revenue of between $185m and $215m for its 2022 financial year excluding high value diamonds that its Karowe diamond...
PTM says “line of sight” over $400m funding will secure SA’s...
PLATINUM Group Metals (PTM) could begin construction on the $600m Waterberg palladium project this year as the company had "line of sight" over the...
S.Korea steel body joins iron ore price protests
The Korea Iron & Steel Association said it has joined European and Chinese steel bodies to oppose recent raw material price increases.
NUM weighs mass action against charter ‘travesty’
The National Union of Mineworkers said it may protest against the declaratory order judging certain outcomes of the mining charter.
Sibanye-Stillwater hauls in capex R550m in defence against rand
SIBANYE-Stillwater fought against the effects of the improved rand/dollar exchange rate in the March quarter thanks largely to the first fruits of an operational...
Amplats to trial hydrogen power technology for possible use across Anglo...
This article has been corrected to show that Anglo American Platinum will trial hydrogen power in one truck for a possible rollout in 400...
Firestone turns down R1bn Tata Power bid
Firestone Energy says its Waterberg project is worth at least R600m more than
Tata Power’s valuation.
Sibanye halts Beatrix as NUM, AMCU clash
In an ominous turn of events, nine employees were injured at Sibanye Gold's Beatrix mine after rival union members clashed.
Orion may bring ‘big brother’ into copper mine plans
SHAREHOLDERS in copper exploration firm Orion Minerals can look forward to brighter days after it unveiled bankable feasibility studies of two projects in the...