De Beers’ diamond sales down, but signs of buying revival as...
DIAMOND sales during De Beers’ second cycle of the 2019 financial year came in about 13% weaker year-on-year at some $490m, the diamond company...
Eskom coal woes intensify as NUM calls Koornfontein strike
THE coal supply concerns of South African state-owned power utility, Eskom, intensified today after the National Union of Mineworkers (NUM) said its members would embark on...
AMCU deal imminent, but job losses inevitable
Amplats CEO, Chris Griffith, said the 10-week strike almost certainly involved more job losses but added that he felt a wage deal was around the corner.
Congo’s cobalt export ban sparks chaos
SHARES of Chinese cobalt producers surged on Tuesday following a shock four month export ban on export of the metal by the Democratic Republic...
Sibanye-Stillwater won’t bid up for Khoemacau while returns toil
SIBANYE-Stillwater said it would not get drawn into a bidding war for new assets after confirming last week it had an interest in Botswana's...
Petra Diamonds agrees five year wage deal with NUM
PETRA Diamonds announced on Monday a five-year wage agreement with the National Union of Mineworkers (NUM) granting employees annual increases of 5.75% to 6.5%...
AMCU’s Mathunjwa stokes battle with Neal Froneman in ‘Cecil John Rhodes’...
ASSOCIATION of Mineworkers and Construction Union (AMCU) president, Joseph Mathunjwa, lived up to his billing as "a s**t-stirrer of note" by chairman, Bernard Swanepoel,...
Exxaro facing hefty write-down on Mayoko
Ambitions to diversify into iron ore production have been dealt a hefty blow after failure to sign a port and infrastructure deal with the Republic of Congo government.
Glencore buys into Optimum Coal
Optimum Coal says that a unit of Glencore International, the world's largest commodity trader, has bought a 14.1% stake in it.
Southern Palladium dealt body blow after Terence Goodlace “reluctantly” quits board
SOUTHERN Palladium, a Sydney- and Johannesburg-listed exploration firm, has been dealt a body blow after its chair Terence Goodlace "reluctantly" resigned from its board.
"I...