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Num, Chamber to start talks on wages

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The National Union of Mineworkers is to begin official wage talks with the Chamber of Mines, with the union demanding a 14% wage increase, it says.

Gold slumps to three-week low

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Spot gold fell more than 1% as heavy losses in crude oil and other commodities prompted investors to sell gold.

Trans Hex on the up again

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It seems as if the "winds of change" are finally blowing strongly through diamond miner Trans Hex's corridors.

Mozambique to step up diamond controls

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Mozambique is speeding up preparations to join an international conflict diamond monitoring scheme amid widespread gem smuggling from Zimbabwe's Marange mines, reports state media.

Tanzania sets out plan for super tax

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Tanzania will not unilaterally impose a proposed super profit tax on mining firms but will try to persuade existing firms to comply, says a senior government official.

Ngqula, Erwin meet up in coal sector

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Former South African Airways and Industrial Development Corporation CEO Khaya Ngqula has got his hands dirty - literally - plying his trade in the coal industry.

Karee outage hits Lonmin shares

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Lonmin’s shares have lost ground following a downward revision of the company’s production target, coupled with an upward adjustment of unit costs.

Govt makes progress on Quattro quotas

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The department of mineral resources has granted entitlement to two new coal exporters under the Quattro system, with a further two slots still up for grabs.

Australia releases mine tax draft

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Australia's government has released draft legislation for its controversial mining profits tax, keeping the 30% rate and says resource firms will be able to push for more changes.

Exxaro gets interdict to stop strike

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Exxaro has been granted a temporary interdict prohibiting workers from striking.