Gold Fields expects boom to persist
Gold Fields, the world's fourth-largest listed gold miner, sees strong fundamentals for the sector, although rising electricity prices and currency exchange rates may form strong headwinds.
Platinum may jump 60%, predict analysts
Platinum was tipped by two leading investment bank analysts to be among the strongest performing commodities in the coming months, while warning of the potential for a significant setback for gold.
CoAL’s Mooiplaats woes mount
Following hard on the forced closure of parts of its Vele mining complex in Limpopo, the Australian-owned mining company Coal of Africa is in trouble again with the environment department in Mpumalanga.
Northam loses R250m so far due to strike
Northam Platinum is counting the cost of a lengthy strike, while striking employees have lost approximately R60m in wages and benefits.
Zisco attracts fresh takeover bids
Zimbabwe has received five bids, including a new offer from ArcelorMittal South Africa, for the takeover of steel maker ZISCO, state media reported on Tuesday.
Kumba strike ends with multi-year deal
Kumba has ended a strike over wages by agreeing to a multi-year deal which will increase salaries by between 7.5% to 10%.
DRDGold secures R108m funds for expansion
South African gold miner DRDGold has secured R108m for its R300m pipeline and plant expansion project at its Ergo operation.
Num considering Northam’s improved wage offer
National Union of Mineworkers on Tuesday said that Northam Platinum has made an improved wage offer, which it was taking to its members.
Higher Transnet deliveries boost coal exports
South Africa's coal exports rose to 5.36 million tonnes in September from 4.16 million tonnes in the same month last year, boosted by higher deliveries by logistics group Transnet.
NUM bemoans spat of mine fatalities
The National Union of Mineworkers has reported a fatality at Harmony Gold Mining's Tshepong Mine in the Free State.