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De Beers’ diamond sales down, but signs of buying revival as...

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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

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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

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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

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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

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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

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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’...

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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

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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

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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

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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...