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Wits Gold ready to develop, says new CEO

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Former head of Anooraq Resources, Philip Kotze, has been appointed new CEO of Wits Gold and says the group is ready to move from being an explorer to a developer of mines.

Coal strike to end

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

Minister acknowledges mines debate harm

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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

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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.

African Minerals, Shandong sign $1.5bn deal

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African Minerals has finally signed an agreement with Shandong Iron & Steel that will see the Chinese group invest $1.5bn in African Minerals' flagship iron ore project in Sierra Leone.

Grupo Mexico net doubles

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Mexican miner and railroad operator Grupo Mexico says its profit doubled in the second quarter, boosted by higher metals prices and output.

Collahuasi unions join Escondida in strike

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Workers at Chile's Collahuasi have put down their tools over unmet labour demands, compounding worker unrest as a strike at top global copper mine Escondida enters a ninth day.

Wage talks set for Monday as mines stay shut

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Wage talks with unions to end a strike against the country's main gold miners have brought the sides closer together and negotiations will resume on Monday, says the Chamber of Mines.

Exxaro to shut Zincor

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Exxaro Resources has decided to shut down permanently its loss-making Zincor plant near Springs after being unable to find a buyer.

Anglo delivers as commodities surge

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Anglo American has posted a 38% increase in half-year operating profitability, succeeding in cashing in on record commodities prices.