IFM recovery exceeds expectations
Ferrochrome producer International Ferro Metals has taken another step towards
restoring investors’ faith, meeting key cost and production milestones as it seeks to
regain former highs.
Implats to fire 5,000 in unlawful strike
Impala Platinum says a strike by drill operators at its Rustenburg operations is illegal and it is to start laying them off.
Shabangu to open Mining Indaba
Oranisers of the annual Investing in African Mining Indaba says the Minister of Mineral Resources, Susan Shabangu, will officially open the event.
NUM slams Impala’s 18% retention increase
Impala Platinum has raised the prospect that production at its Rustenburg mine will be
negatively affected for up to two weeks as it begins to dismiss 5,000 rock drill
operators.
Mandela is Aurora’s likely scapegoat
Zondwa Mandela is likely to be the fall guy for the Aurora debacle as the company
faces an inquiry to determine whether there are grounds for fraud and theft charges.
Universal considers approaches from third parties
Universal Coal says it is reviewing the appointment of advisors, following informal approaches from third parties for its coking coal projects in South Africa.
High hopes for R17bn Swaziland rail
There's a lot of excitement about the first new freight railway line to be built by SA in
about a quarter of a century; Transnet SOC and SwaziRail's R17bn Lothair project.
Trans Hex ‘tying loose ends’ in Namaqua deal
Trans Hex says it is still finalising certain aspects of its proposed takeover of De Beers' Namaqualand Mines.
Zimplats workers strike over power bills
WORKERS at Zimplats have gone on strike to force the company to pay for their personal electricity bills, partially hitting production.
Implats says 5,000 workers on strike
Impala Platinum says 5,000 workers at its Rustenburg operations have downed tools over wages, but a court order has declared the strike involving drill operators illegal.