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Holland blames wage pressure on platinum deal

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Nick Holland, CEO of Gold Fields, said the platinum wage deal last year was "the pressure point" affecting this year's gold and coal wage negotiations.

Palabora shells out on dividend

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Rio Tinto's Palabora Mining declared a substantial interim dividend on Tuesday following a drop in net earnings coupled with an increase of cash in hand.

CoM boycotts ‘suspicious’ eleventh hour mining charter meeting

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THE launch of a redrafted mining charter will get off to the worse possible start tomorrow after the Chamber of Mines said it would...

‘We want to be as big as Anglo,” says Seriti’s Teke

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MIKE Teke, chairman of Masimong Group Holdings, is not wanting for ambition. Masimong Group’s 25% stake in Seriti Resources, the company that earlier this month...

Arnot Opco signs 10 year coal deal with Eskom to be...

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ARNOT OPCO, a South African coal producer in which employees have a 50% stake, has concluded a 10-year supply agreement with Eskom, the government-owned...

Perseus secures ‘upsized’ $300m credit facility ahead of Meyas Sand decision...

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PERSEUS Mining bolstered its balance sheet ahead of a decision on whether to proceed with the development of its Meyas gold project in northern...

Sibanye-Stillwater, Implats dismiss fears of “mine closures”

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SOUTH African platinum group metal (PGM) producers say they have taken steps to minimise mine closures, but they also acknowledge the downturn in prices...

Ramatlhodi: a bit player in SA’s epic scene

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Ngoako Ramatlhodi, South Africa's mines minister, had his wings clipped early by the ruling party in a year that could set the tone for the rest of his tenure.

SA platinum not done enough to remedy cash burn, over-supply

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SOUTH African platinum supply would increase by up to 400,000 ounces per year by 2021, said Goldman Sachs in a note which may worry...

Northam to spend R3.05bn on Booysendal

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Mid-tier platinum producer Northam Platinum has confirmed that it is planning to spend R3.05bn on the development of its company-transforming Booysendal project.