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Anglo Plat averts strike, lost output

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Anglo Platinum says its production targets are safe from strike action after the company signed 8% to 10% wage deals with unions.

Zimplats wrangle descends into farce

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Zimbabwe's empowerment minister strikes an isolated figure as the ability to impose indigenisation is questioned by the country's own ministers.

Froneman nets R11m in ‘retention fee’

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Gold One CEO, Neal Froneman, also praises shareholders for recognising the value of the firm's combination with the Chinese.

Union starts arbitration with Eskom

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Solidarity says it will on Wednesday hold a first dispute meeting at the Commission for Conciliation, Mediation and Arbitration in a bid to settle the drawn-out wage dispute with Eskom.

Glencore ups stake in Optimum further

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Glencore further edges up its stake in Optimum Coal Holdings snapping up another percent in the coal producer, South Africa's sixth largest.

Blackthorn keen on Glencore JVs

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Blackthorn Resources, an Australian company operating in Africa, said it would sign up for more joint ventures with Glencore in the African zinc industry.

SA gold reserves increase 13% to $7.3bn

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The 13% increase in the spot price of gold contributed to a surge in South African foreign reserves in August, the Reserve Bank said in a statement.

Mugabe stands firm on indigenisation

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Platinum and diamond miners hoping for wriggle room in indigenisation talks with Zimbabwe were reminded by the country's president there would be no change in the policy.

Namibia approves Gold One deal

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A deal to secure a major Chinese shareholder was a step closer for Gold One today after Namibia gave the thumbs up to proposed transaction.

Eskom, Transnet to keep public service role

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Transnet and Eskom would not be restructured, nor placed in private hands, said public enterprises minister, Malusi Gigaba.