Home News Page 1181

News

Xstrata shakes off flooding woes

0
Xstrata has posted financials in line with forecasts, with a 30% jump in interim profit, pointing to a stronger second half as its copper unit helps the miner recover from a flood-hit start to 2011.

Deal reached to end gold strike

0
A strike in South Africa's gold mining sector has ended after a two-year wage deal was clinched, unions and the Chamber of Mines say.

Ban chrome ore exports, says Merafe

0
Merafe CEO Stuart Elliot wants levys and volume curbs placed on the exports of chrome ore which he says are benefitting China and harming South Africa.

Diamondcorp’s Lace posts fancy results

0
The average value of the first diamonds recovered from the initial sampling work at Diamondcorp's Lace mine in the Free State is far higher than expected.

Coal strike ends

0
The striking employees of coal miners will return to work on Wednesday, following an agreement on wages between the Chamber of Mines and labour unions.

Minister acknowledges mines debate harm

0
The government knows that the debate on nationalisation dents SA's image and will not do anything unconstitutional, says the Minister of Public Enterprises.

New effort to end wage impasse

0
Striking coal and gold miners are meeting the Chamber of Mines in separate talks in a bid to end stoppages that have cost South Africa tens of millions of dollars in lost output.

Coal strike to end

0
The National Union of Mineworkers says it has reached a wage deal with employers in the coal sector to end a week-long strike.

Gold slides on US trade breakthrough

0
Stocks have risen while gold and the yen dropped as investors cut safety trades after Washington reached a last-minute deal to escape default.

Harmony creates new executive post

0
Harmony Gold has created a new executive position to accelerate the execution of its safety and health strategy.