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Food, fuel to stoke wage talks

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Mining companies are again likely to settle for wages above the main rate of inflation as they tackle union demands given impetus by accelerating food and fuel prices.

Exxaro bids for Aussie iron ore miner

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Exxaro Resources has bid for junior Australian iron ore producer Territory Resources, but could face stiff opposition from commodity trader Noble Minerals.

Motala fired as Pamodzi liquidator

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Enver Motala and Gavin Gainsford have been dismissed as liquidators of the Pamodzi Gold estate, says labour union Solidarity.

Miners union seeks 14% wage increase

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The National Union of Mineworkers says it wants a 14% rise in salaries from SA's gold and coal miners in upcoming wage talks.

Chamber dismisses beneficiation plan

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Minerals are beneficiated close to export markets, not in their country of origin, says new Chamber of Mines president Xolani Mkhwanazi.

State steps in as Wesizwe axes execs

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The department of mineral resources has intervened after Wesizwe Platinum's new majority shareholder instituted a purge of the junior miner's executives.

New Vale CEO sets out priorities

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The incoming CEO of Vale has promised to maintain the company's booming growth while improving the frayed ties with Brazil's government leaders that forced the ouster of his predecessor.

Union’s internal strife halts Lonmin mine

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Lonmin says a dispute among officials of the National Union of Mineworkers has resulted in an unprotected strike at the group's Marikana operations.

Jubilee admits buyout talks

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Shares in Jubilee Platinum have soared, following an announcement that the group is in discussions with a possible suitor.

China tightens rare earths grip

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China has further strengthened its hold on the rare earths market, raising taxes on the minerals and banning new projects to produce the metals via separation.