Labour divisions halt Gold Fields’ KDC East
The NUM says the dispute that has brought Gold Fields’ KDC East mine to a
standstill is over funeral benefits, but the company points to bigger divisions
within the union.
Zimbabwe courts investors Down Under
A Zimbabwean government official has told an Australian audience his country
is a promising mining investment destination in need of partners and
capitalisation.
Harmony told it’s “too small’ for Wafi-Golpu
On a day when Harmony Gold wanted to show off new detail about its game-
changing Wafi-Golpu resource, the company ran into scepticism over its
strategy for the asset’s development.
Shabangu carries on beating SA’s drum
South Africa’s mining industry is still open and ready for business, Minister of
Mineral Resources Susan Shabangu tells an Australian audience.
Pan African sells Manica
Pan African Resources has finally sold its Mozambican gold project, Manica, in a cash and shares transaction potentially worth R52.5m, the company says.
DRDGold looks beyond gold
DRDGOLD wants to extend its surface mining footprint beyond gold, saying very
few players can match its technology to extract earnings from mining dumps in
high-volume environments.
DRDGold posts FY earnings surge
DRDGold has reported a 53% increase in full-year operating profit to R622m
from its Ergo asset, leading the gold producer to a 259% increase in headline
earnings per share.
Lonmin edges lower as no-shows continue
Lonmin’s shares inch further down as the company reports attendance figures of
8% - fewer than one in 12 of the group’s 28,000 workers.
Can Aquarius Platinum survive?
The malaise in the platinum group metal sector has had a greater effect on
Aquarius Platinum’s share price than the global economic crisis.
Sibiya defends mineworkers’ pay levels
Chamber of Mines CEO Bheki Sibiya says the wages that the body’s members
pay their employees compare favourably to that of other industries. He has also
called for an economic Codesa.