Solidarity, Exxaro Coal reach wage agreement
Trade union Solidarity says that it has reached a "favourable" wage agreement with coal producer Exxaro Coal.
Workers down tools at Northam Platinum mine
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
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.
Gold holdings slide in SPDR Gold Trust
Holdings in the world's largest gold-backed exchange traded fund fell to their lowest levels since early June - a development that could cap gold's rebound, analysts said.
First Uranium recovers some lost ground
First Uranium shares have staged a partial recovery from their recent lows on both the JSE and TSX in response to better news in the June quarter production report.
Gold One confident on year-end metal target
Work stoppages hurt production at Gold One International but the gold producer said annual metal output targets remain firmly in its sights.
CoAL expects 1st sales from Vele in next quarter
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.
ArcelorMittal to drop steel prices
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
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
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.