Amcu storms out of central bargaining talks
The Associated Mineworkers and Construction Union (Amcu) has stormed out of talks
regarding a central bargaining forum for the country’s platinum sector.
Harmony struggles despite gold bonanza
Why does Australian gold miner Newcrest get more for its 50% stake in the Wafi-Golpu gold deposit than its joint venture partner, Harmony Gold? Here's some answers.
De Beers mulling bids for mines
De Beers said it had received interest in its Finsch and Namaqualand Mines, both
situated in the Northern Cape.
Fears grow cost inflation will dampen SA mining sector’s stellar returns
WINDFALL profits from the mining industry last year helped take some of the sting out of South Africa's parlous national finances. The country's 2.8%...
Davies to probe Exxaro refinery closure
A team is to investigate the imminent shutting down of Exxaro's zinc plant, says Trade and Industry Minister Rob Davies.
Sibanye-Stillwater bids to save 330,000 oz/y in lossmaking gold
SIBANYE-Stillwater is considering implementing central services for its South African mines that will help save half of approximately 330,000 ounces in gold production currently...
Forsaken mines to receive R40bn repair
Rehabilitating South Africa's 6 000 derelict and ownerless mines will take 28 years to complete at a cost of R40bn, parliament hears.
Anglo shareholders toe the line, largely.
Some Anglo American shareholders have spoken their minds over a variety of
issues at the company’s annual general meeting, most notably regarding the
dispute with Chile’s Codelco.
Lonmin may need “drastic action” to pay debt
The UK platinum producer had a slew of debt due in 2016 which would require production cuts to service unless the platinum price improved significantly.
Glencore divests of Lonmin, cuts $1bn in capex
Glencore is to unbundle its 23.9% stake in Lonmin to shareholders but said the distribution was not a dividend replacement.