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Tough times for PGM miners, despite outlook

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Platinum is the sector of South Africa’s mining industry generally held to have the best-looking future. But you wouldn’t know that judging by recent developments.

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.

Work on acid mine water underway

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Environmental officials are working to curb the potential dangers posed by the impact of acid mine drainage in the Witwatersrand mining area.

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.

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.

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.