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NUM suspends leader amid reports of growing infighting

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SOUTH Africa’s National Union of Mineworkers suspended William Mabapa, its general secretary, amid reports of growing infighting within the organisation, said Bloomberg News on...

World’s largest banks to throw weight behind nuclear energy

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FOURTEEN of the world's largest banks and financial institutions are to pledge their support for the development of more nuclear energy, said the Financial...

Northam R3bn funding foresees ‘medium-term’ PGM opportunities

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NORTHAM Platinum added further heft to its balance sheet today announcing a new R1bn revolving credit facility (RCF) which will tide it over during...

Namdeb in talks with Namibia to provide tax breaks as studies...

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NAMDEB, a joint venture between the Namibian government and Anglo American's De Beers Group, was in talks with the government about tax breaks to...

Trans Hex to post a loss

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Trans Hex shares rose nearly 6% on the JSE today despite the release of a trading statement showing the diamond company would report a loss of R45.1m for the year to end-March.

Appian Capital to claim at least $600m from Sibanye-Stillwater

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APPIAN Capital Advisory will claim compensation of at least $600m from Sibanye-Stillwater in a legal case scheduled to take place next year, a market...

Endeavour Mining posts record Q4 production as SEMAFO, Kari Pump contribute

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ENDEAVOUR Mining reported a 41% improvement in fourth quarter production of 344,000 ounces of gold compared to the previous quarter - enough to take...

Harmony to close Merriespruit shaft

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Harmony Gold says it will be closing its Merriespruit 1 shaft in Virginia after the failure of a productivity-linked deal with unions.

Eskom tariff hike will cost 40,000 jobs: CoM

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Another 8% hike in the tariff power would have a massive effect on jobs in the platinum and gold industry and merely rewarded Eskom for under-performance.

Sibanye-Stillwater, AMCU platinum wage talks go to CCMA as pact proves...

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THE Association of Mineworkers & Construction Union (AMCU) has taken a dispute with Sibanye-Stillwater over a wage deal to the Commission of Conciliation, Mediation and...