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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.

Harare ultimatum to foreign firms

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Zimbabwe has given foreign companies a 14-day ultimatum to submit "acceptable' plans on transferring majority stakes to locals or risk losing permits.

Record profits for Gem Diamonds

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Gem Diamonds earned record profits in the six months to end-June as prices for the top class diamonds it produces from the Letseng and Ellendale mines went through the roof.

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.

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.

Pan African to spin out Manica

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Pan African Resources will list its Manica gold project separately to speed up development while it focusses on growing its core South African businesses.

Gold tops $1,850/oz

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Gold has surged more than 1% to a record high above $1,850 an ounce, as investors reach for the safety of bullion amid a worsening economic outlook for the USA.

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.

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.

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.