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Kumba strike ends with multi-year deal

Kumba has ended a strike over wages by agreeing to a multi-year deal which will increase salaries by between 7.5% to 10%.

Tide turns on ArcelorMittal deal

The PIC is the third institutional shareholder to express reservations about ArcelorMittal SA's R9bn BEE deal with the Ayigobi Consortium, which includes Imperial Crown Trading.

Kumba revises offer to end strike

Kumba Iron Ore has revised its offer for a pay raise as it sought to end a strike by thousands of its workers, a National Union of Mineworkers official says.

ANCYL may open branches at mines

The ANC Youth League is "seriously considering" opening branches at mines after the National Union of Mineworkers criticised its president Julius Malema.

DMR squanders chance to transform mining sector

The Department of Mineral Resources has squandered a massive opportunity to transform the mining sector, KIO Advisory Services founder Duma Gqubule said.

NUM urges ANC to be firm with Aurora

National Union of Mineworkers Spokesperson Frans Baleni has urged the ANC to end the "love relationship' between besieged Aurora Empowerment Systems management and its liquidators.

Sanlam objects to ArcelorMittal deal

Sanlam has criticised the lack of transparency in the planned deal to offer a 26% stake in AcerlorMittal South Africa to black investors.

Mines agree to govt plan on acid drainage

Government's proposed public-private partnership for environmental conservation has in principle been accepted by the mining sector to address acid mine drainage.

SA ferrochrome output to double

South Africa's production of ferrochrome, a steel-making ingredient, is forecast to more than double by 2015.

Metmar to benefit from investment sale

Metmar, the commodity trader, said first half earnings would be up to 27% higher after selling an investment.