NUM says no guarantee SA labour will calm
National Union of Mineworkers general-secretary, Frans Baleni, delivered unsettling news to UK investors saying the union could attempt to calm members in 2013, but there could be no guarantees.
SA economy braced for strike fallout
The South African economy must brace itself for the fallout from the mining industry's strike activity, a development that could be devastating, says the Bureau for Market Research.
Lonmin wins support for $800m rights offer
Betraying no hint of the conflict between his board and shareholder Xstrata, Lonmin's chairman says he looks forward to a dialogue now that the capital raiser will progress.
Zimbabwe bid to end Marange sanctions boosted
Zimbabwe's bid to have sanctions lifted over diamonds produced from Marange has received a boost as South Africa's Welile Nhlapo is appointed chairperson of the Kimberley Process Certification Scheme.
Atlatsa weighs refinance and mine changes
Amid the 'forgotten strike' at its Bokoni mine, Atlatsa Resources says it is considering how its mine will look in the future as its corporate debt grows.
Renowned gold bull flies to defence of Wits Gold
Media-shy chairman of Wits Gold, Adam Fleming, says he will buy shares in the firm, the valuation of which was "anomalous".
Unki deal raises question over Zimplats future
Will the finalisation of Unki's indigenisation deal with the Zimbabwean government serve as the model for the larger Zimplats asset in which Impala Platinum is invested?
Strikes had hurt SA’s credibility: Gordhan
Strike action has cost an estimated R10bn in lost mine output and had led to two credit downgrades, said finance minister Pravin Gordhan in a speech last night.
Sentula tightens belt in contracting business
The deterioration in the South African mining business created hazards and opportunities for Sentula's contracting business while its exploration unit had been downscaled.
ArcelorMittal to quit controversial Kalagadi stake
ArcelorMittal is to sell its 50% stake in Kalagadi Manganese for R3.9bn, a company that has been the subject of corporate governance abuse allegations.