Wage negotiations concluded at Assmang
Trade union Solidarity says that wage negotiations at Assmang's Khumani and Beeshoek iron mines in the Northern Cape have been concluded after only two rounds, with the union negotiating a wage increase of 10%.
Demand solid for Hulamin after decent H1
Hulamin, which produces aluminium products, said the outlook was promising after posting solid first half results.
Resgen spent millions on exploration
Resgen, the Australian company with a secondary listing on the JSE, has spent A$2.4 million on exploration and evaluation this year to date.
Zuma expands empire amid Aurora woe
The human side to the failure of Aurora Empowerment Systems is a tragic one and is intensified by the apparent sang-froid of the firm's founder, Khulubusa Zuma who continues to spread his wings.
Eastplats lifts output despite dismissals
Eastern Platinum dismissed 15 contract stoping crews in May but still managed to keep production in the period on an even keel quarter-on-quarter.
De Beers guarantees Ponahalo deal
De Beers has guaranteed about 56% of the preference shares held by Ponahalo Investments in an effort to stop its R3.7bn, 2006 empowerment transaction from collapse.
De Beers’ Penny quits firm
De Beers CEO, Gareth Penny, ended a five year reign at the helm of the diamond group on Friday even as it unveiled a doubling in pretax earnings, an 84% increase in sales and a doubling in production.
Govt may rule in vexed iron ore dispute
A temporary peace has been called between ArcelorMittal and Kumba Iron Ore but government has a key role to play as it's concerned at how steel prices could be affected.
Kumba arbitration could take two years
It could take between one and two years for arbitration proceedings over the disputed iron ore contract between Kumba Iron Ore and ArcelorMittal to reach a decision.
Lonmin to meet platinum sales target
Lonmin will meet its forecast of selling 700,000 oz of platinum in the year to September but at an additional cost of $17.5m because some 20,000 oz of platinum will be toll-smelted by a competitor.