NUM registers shock with Amplats sales
The National Union of Mineworkers said it was shocked by Anglo American Platinum's plans to sell shafts in Rustenburg saying it would lead to job losses.
Zambia candidate will review mine royalty
Zambia's candidate for its main opposition party said he would reverse a decision to increase mine royalties if elected in the national poll later this month.
Trans Hex cuts 125 jobs at Baken, Bloeddrif
Trans Hex said it would retrench 125 employees at its Baken and Bloeddrif mines in the Lower Orange River of the Northern Cape province.
Skweyiya questions PetroSA appointment
The appointment of Tshepo Kgadima to the board of PetroSA has been questioned by a former business associate, Zola Skweyiya.
Renamo threatens to disrupt Mozi coal line
Renamo, a resistance organisation that fought a civil war in Mozambique, said it would disrupt the Sena rail route that links the country's coal mines with Beira.
Gold miners could face credit downgrades
A gold price below $1,300 per ounce for more than two quarters could see credit downgrades for heavily indebted gold producers, S&P said.
AMCU seeks freeze on retrenchments
Demands tabled by the Association of Mineworkers & Construction Union include a freeze on retrenchments and a R3,000 return-to-work bonus.
Glencore to flush out Lonmin bidders?
The proposed distribution of Glencore's 24.9% stake in Lonmin to its shareholders might also be a ruse to flush out potential bids for the investment.
Central banks don’t understand gold
The world's central banks tend to buy gold high and sell low and have a track record of not understanding the metal.
Pan African lifts full-year profit 79pct
Pan African Resources (PAN), the African-focused gold mining company, reported a 25% improvement in its full year diluted headline earnings per share to 1.06p from 0.85p previously.