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CoM, DMR seek centralised negotiation forums

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THE Chamber of Mines, together with the ministries of labour and mineral resources, are actively seeking a centralised negotiation forum for the platinum and gold industry.

Sibiya defends mineworkers’ pay levels

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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.

Gold Fields seeks margin over volumes

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Gold Fields is to conduct a strategic review of all its operations, which may result in scaling down production to chase margin over volumes.

Amplats workers on strike

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Anglo American Platinum says around 100 employees at its Thembelani Mine in Rustenburg refused to go underground during the morning shift change on Friday.

RBPlat employees return to work

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Royal Bafokeng Platinum says its operations at the Bafokeng Rasimone Platinum Mine's north shaft have normalised, following and earlier illegal strike.

Anglo, Codelco deal may open up copper mountain

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The deal unveiled by Codelco and Anglo American may unlock the huge value contained in one of the world’s richest copper districts.

Chamber says it seeks union peace

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Meetings between the Chamber of Mines, Labour Minister Nelisiwe Oliphant and Amcu may lead to the signing of a peace agreement that could put a stop to growing labour unrest.

Zuma threatens to seize mining licences

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President Jacob Zuma, speaking in the North West province, said miners ought to provide decent housing to miners or risk losing their mining licences, comments he made in the wake of the Marikana disaster.

Implats cuts capex but seeks higher output

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Uncertain times in the platinum industry have forced Impala Platinum to rein in capital expenditure, but the company says it will not cut back production in the foreseeable future.

Anglo, Codelco shake hands on Los Bronces

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Anglo American and Codelco have agreed to a deal that would see the Chilean copper producer take up a 29.5% stake in Anglo’s flagship Los Bronces mine for $2.9bn.