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Implats to fire 5,000 in unlawful strike

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Impala Platinum says a strike by drill operators at its Rustenburg operations is illegal and it is to start laying them off.

NUM slams Impala’s 18% retention increase

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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.

SA less attractive to mining investors: SAIRR

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SA has become significantly less attractive as a mining investment destination since 2006, says the SA Institute of Race Relations.

Trans Hex ‘tying loose ends’ in Namaqua deal

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Trans Hex says it is still finalising certain aspects of its proposed takeover of De Beers' Namaqualand Mines.

Mandela is Aurora’s likely scapegoat

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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.

Mali seeks bigger share in mines, lower taxes

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Mali is seeking to raise the state share in mining projects to 25% from 20% in a proposed revision to the West African gold producer's mining law, says an official.

Zimplats workers strike over power bills

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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

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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.

Universal considers approaches from third parties

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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

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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.