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Northam forges ahead on Booysendal

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UPDATE - Northam Platinum approves R340m spend for its R3bn Booysendal project ahead of the start of construction in July. The rand batters the company's interim results.

SA crude steel output doubles

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South African crude steel production is up 51.1% year-on-year to an estimated 710 000 metric tonnes in January, the World Steel Association reportes.

Patrice Motsepe targets Zimbabwe

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Patrice Motsepe let the cat out of the bag at Monday's ARM results briefing when he unwittingly revealed the group's plans for Zimbabwe which had been kept under wraps until now.

Xstrata may be forced to shut Mt Isa

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Xstrata may be forced to shut some of Mt Isa operations.

Union rejects Metorex wage offer

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Trade union Solidarity has rejected what it describes as the skimpy wage increase offer of 3% by Metorex's Consolidated Murchison Mine outside Phalaborwa during the first round of wage negotiations.

Metorex earnings expected to fall

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Diversified mining group Metorex expects its first half headline earnings to be between 13c per share and 15c per share from 48c per share the year before.

First Quantum’s Zambia mine hit by power outage

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First Quantum's Zambia mine is hit by power outage, costing the largest single mine in the country $10m a day.

Chrometco narrows H1 loss to R1.86m

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Chrometco, which is focused on the mining, concentrating and beneficiation of various minerals, has reported the narrowing of its first half net loss after it released reviewed interim results.

Palabora pays dividend despite fall in HEPS

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Copper mining company Palabora Mining, which operates South Africa's largest copper mine, has declared a R6.20 dividend despite a 60% fall in its full year headline earnings.

Union wins 9% Palabora wage increase

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Trade union Solidarity has secured a wage increase of 9% during negotiations with the country's largest copper mine, Palabora Mining.