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AMCU strike may deal gold sector hefty blow

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AMCU's proposed strike later this week could have broader consequences for the gold sector that first imagined as it claims growing membership in the industry.

CEOs for whom 2014 is ‘stand & deliver’

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2014 is expected to be another tough year for all miners, but for some it will be a defining year when they either delivered or failed shareholders. Here's why.

AMCU tells miners to expect strikes in a week

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The Association of Mineworkers & Construction Union said strike notices would be issued in a week and said industrial action would be extended to the gold mines.

Top five Miningmx articles in 2013

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The state of the mining market and advice to sit out the storm topped the most popular articles published on Miningmx during 2013.

Sable looks to shares to fund diversification

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James Allan, CEO of Sable Platinum, concedes he called the market wrong, but says diversification is the right thing to do for shareholders.

Cutifani warns of ‘heavy-going’ in 2014

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Anglo American's Mark Cutifani said lower output at key assets meant a tough 2014, but an asset review was complete with $1.3bn in cash flow uplift identified.

Cutifani to defer on fireworks in Dec 12 update

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Mark Cutifani, CEO of Anglo American, will keep an investor update focused on organisational changes rather than big ticket restructuring plans, analysts said.

Deloitte detects Govt, industry rapprochement

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The South African government and the mining industry would discover a meeting of minds, said auditor and consulting firm Deloitte.

M&A activity to rebound in 2014: CIBC

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Transaction activity could improve in 2014 owing to price stability, base metal demand in China, and pockets of capital seeking bargains, said CIBC World Markets.

Exxaro Mayoko deal “at mercy of politicians”

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Exxaro Resources must wait for the Republic of Congo's parliament before it can clinch an important mining convention for its Mayoko-Lekoumou iron ore prospect.