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Num explains its nationalisation stance

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The National Union of Mineworkers has reiterated its support for the nationalisation of mines, but says such a policy should be informed by the country’s developmental needs.

Num rejects revised Implats pay offer

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The National Union of Mineworkers says its members at Impala Platinum have refused a revised pay rise offer from the company and will refer the dispute to arbitration.

ANC charges Malema with sowing discord

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THE African National Congress has charged controversial youth leader Julius Malema with "sowing divisions" in its ranks and bringing the party into disrepute.

Kumba responds to Sishen right uncertainty

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UPDATED: Kumba Iron Ore has drawn a line under any uncertainty over its 78.6% mining right in Sishen, arguing the right is secure in accordance with the MPRDA.

Exxaro coins it from coal and mineral sands

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Coal and heavy mineral sands paid off big-time for Exxaro Resources in the six months to end-June, along with the usual hefty contribution from its stake in Kumba's Sishen iron ore mine.

Shabangu worried about mine ‘carnage’

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Mines Minister Susan Shabangu has described the mounting death toll in the country's mines as "carnage", saying there is a link between the pursuit of profits and the body count.

Chavez to nationalise Venezuelan gold industry

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Venezuela will nationalise its gold industry and is moving its international reserves out of Western countries, says President Hugo Chavez.

Bonanza payout for Exxaro workers

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Exxaro Resources mineworkers stand to receive up to R117,000 each in November when the group's first broad-based employee share incentive scheme matures.

Northam battles unit, capital cost hikes

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The Booysendal project will now cost R3.9bn in today's money terms forcing the platinum producer, troubled by poor geology and rising costs, to seek additional debt finance.

SA ‘sacrifices’ water for gold

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SA has sacrificed its water for gold and the yellow metal has therefore become a curse as acid mine drainage is affecting the economy and health of citizens, says an expert.