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Metal workers union calls for strike

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The National Union of Metalworkers of South Africa has announced a country-wide strike that could see more than 300,000 workers down tools.

Vale’s the only offer, says Metorex

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Metorex says it has still received no firm offer from any party other than Brazil's Vale, which has made a $1.1bn offer for it.

Platmin expects prolonged disruption

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Operations at the Pilanesburg platinum mine belonging to Platmin will be disrupted for some time, following an illegal disruption by employees of the mining contractor.

Union, gold firms resume wage talks

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The National Union of Mineworkers hopes to secure a 14% pay increase when it meets gold mining industry representatives in further salary talks, says a senior official.

Carroll hits out over taxes, nationalisation

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Governments in mineral-rich countries must steer clear of the "blind alleys" of nationalisation and excessive tax if they want to attract continued investment from global miners, says Anglo American CEO Cynthia Carroll.

Mantra eyes uranium mine inside Unesco site

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Mantra Resources plans to build a $400m uranium mine inside a world heritage game reserve in Tanzania within the next three years, says a cabinet minister.

SA gold output falls

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Gold output during the first quarter of this year has fallen 9.3% compared to the fourth quarter of 2010, says the Chamber of Mines.

Vale boosts Moatize coal output target

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Brazilian mining giant Vale has raised its initial production target for the Moatize mine in Mozambique by 76% and expects to quadruple that result in 2012.

MIC portfolio shows strong growth

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The Mineworkers Investment Company has grown its investment portfolion from R1.2bn to R2.2bn during its past financial year.

Wescoal clobbered by write-offs

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Wescoal lost R43.7m in the year to March as it took a string of write-offs and impairment charges in its accounts.