Off The Wires

Guinea mine collapses, kills 13

At least 13 artisanal miners have died in Guinea after a mine where they were digging for gold collapsed, the Guinea government said.

DTI’s Rob Davies assisted Zwane in drafting Mining Charter 3

THE Department of Trade and Industry (DTI), led by its minister, Rob Davies, was instrumental in assisting mines minister, Mosebenzi Zwane, in the controversial...

Mining unions give differing responses to Ramaphosa victory

SOUTH African mining unions gave differing responses to the election of Cyril Ramaphosa to the top chair in the African National Congress (ANC), according...

Shaft Sinkers CEO, CFO quit firm

Alon Davidof, CEO of Shaft Sinkers, has left the company with immediate effect after it failed to repay £2.9m to Standard Bank.

Zwane no-show sets him up for formal state capture inquiry

SOUTH African mines minister, Mosebenzi Zwane, failed for a fourth time to appear before a portfolio committee meeting in Parliament today laying the ground...

Mick Davis speculated to be Rio Tinto’s preferred new chairman

MICK Davis, the former CEO of Xstrata and more recently appointed head of Britain's Conservative Party, could be heading to Rio Tinto, according to...

Keaton sells Leeuw Mining for R24.7m

Keaton Energy said it would sell Leeuw Mining to Bayete Energy Resources for R24.7m which will be settled through a royalty agreement.

NUM tables opening wage demand of 37% for gold miners

SOUTH Africa's National Union of Mineworkers (NUM) has submitted its first gold industry wage demand calling for a 37% hike over two years, said...

CoM applauds Gordhan’s restraint on tax

The Chamber of Mines of South Africa applauded the 2016 National Budget presented by newly appointed finance minister, Pravin Gordhan.

Lucara diamond named ‘Lesedi La Rona’

Lucara Diamond Corporation said it had named the 1,111 carat diamond recently discovered at its Karowe mine in Botswana Lesedi La Rona.