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Solidarity, Exxaro Coal reach wage agreement

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Trade union Solidarity says that it has reached a "favourable" wage agreement with coal producer Exxaro Coal.

Workers down tools at Northam Platinum mine

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The National Union of Mineworkers says that over 5 000 workers have downed tools at Northam Platinum's mine in Rustenburg to mourn the deaths of the two mineworkers last week.

Lonmin’s swap option on Akanani

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JP Morgan Cazenove analysts Steve Shepherd and Allan Cooke reckon Lonmin should swap its Akanani project for Anglo Platinum's stake in Pandora because the deal would benefit both groups.

CoAL expects 1st sales from Vele in next quarter

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Coal of Africa says that development of the Vele Project has progressed according to schedule and first sales of coking coal are expected during the next quarter.

Gold One confident on year-end metal target

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Work stoppages hurt production at Gold One International but the gold producer said annual metal output targets remain firmly in its sights.

ArcelorMittal to drop steel prices

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ArcelorMittal has revised its steel pricing policy for domestic consumers following the interim pricing agreement reached with Kumba Iron Ore over iron ore supplies.

ArcelorMittal checks its management system

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ArcelorMittal has called in an external audit firm to confirm that its enterprise risk management system is all it's cracked up to be given what happened over Kumba.

Bernard Swanepoel to chair Simmers

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Former Harmony CEO Bernard Swanepoel will take over as chairman of Simmer and Jack Mines at the company's annual general meeting on September 10.

Demand recovery fires Merafe in H1

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Merafe Resources, which is in joint venture with Xstrata, lifted ferrochrome production 149% in the first half of its financial year as demand recovered.

Coetzer to take Bird’s mantle at Jubilee

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Jubilee Platinum has unveiled a slew of management changes, including the resignation of the CEO, following the acquisition of Braemore Resources by the platinum miner.