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Shabangu speaks out on Hawks raid

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Mines Minister Susan Shabangu has described a raid by the Hawks on her ministry's offices as sinister, and says a new mines DG will be appointed within two weeks.

Shabangu: ‘No quick fix’ on nationalisation

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Uncertainty regarding mining sector nationalisation would be inevitable as government sought to tackle matter through its internal processes, says the mines minister.

Xstrata decries ‘unilateral’ policy changes

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Governments seeking a greater share of mining profits should implement changes in regulations and taxes prospectively, and not retrospectively, says Xstrata CEO Mick Davis.

Ban chrome ore exports, says Merafe

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Merafe CEO Stuart Elliot wants levys and volume curbs placed on the exports of chrome ore which he says are benefitting China and harming South Africa.

Deal reached to end gold strike

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A strike in South Africa's gold mining sector has ended after a two-year wage deal was clinched, unions and the Chamber of Mines say.

Xstrata shakes off flooding woes

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Xstrata has posted financials in line with forecasts, with a 30% jump in interim profit, pointing to a stronger second half as its copper unit helps the miner recover from a flood-hit start to 2011.

Gold slides on US trade breakthrough

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Stocks have risen while gold and the yen dropped as investors cut safety trades after Washington reached a last-minute deal to escape default.

Coal strike ends

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The striking employees of coal miners will return to work on Wednesday, following an agreement on wages between the Chamber of Mines and labour unions.

Harmony creates new executive post

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Harmony Gold has created a new executive position to accelerate the execution of its safety and health strategy.

Coal strike to end

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The National Union of Mineworkers says it has reached a wage deal with employers in the coal sector to end a week-long strike.