Talks continue between Xtrata and Num
The National Union of Mineworkers and Xstrata will continue their engagement to find an amicable solution to a proposed Employee Share Ownership Programme (Esop).
BHP approves Caval Ridge development
BHP Billiton has approved development of the Caval Ridge Mine project and expansion of the Peak Downs Mine in the northern Bowen Basin in Central Queensland, Australia.
CoM makes strong case against carbon tax
The Chamber of Mines has fired the first salvo at its annual general meeting on the next debate that will dominate SA’s mining sector.
“I am fit,” Zimbabwe’s Mugabe declares
Zimbabwean president Robert Mugabe declared he was fit and well despite Wikileaks cables suggesting he had prostate cancer and that he would pass away in three to five years.
Harmony in no hurry on Evander unbundling
Harmony Gold says a decision on a proposed separate listing for Evander will be made within two years, as it considers different options to unlock the asset’s potential wealth.
Harmony mulls dividends linked to gold
Harmony would consider paying dividends linked to the gold price which continues to test fresh highs amid global economic recession concerns.
Anvil bid hits Gecamines snag
A $1.3bn bid by Minmetals Resources for Anvil Mining, the Congo copper producer, hit an unforseen bid when the Congolese government suggested a contract review might be necessary.
Zimplats Q1 output down
Zimplats says metal production has fallen 13% during the September-quarter, but the company is on track to submit a revised local ownership plan in November.
ANC wary of Chinese bid for Pamodzi
The ANC in parliament has told trade unions to be sceptical of the R150m offer by China African Precious Metals for the bankrupt Pamodzi Gold’s Orkney mine.
Harmony Gold Q1 jumps three-fold
Harmony Gold has posted a more than three-fold increase in quarterly earnings, beating expectations on bullion's record run.