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Implats shuts Rustenburg Mines as it counts cost of tragedy

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IMPALA Platinum (Implats) is to suspend production at its Rustenburg Mines for two days while it runs competency checks on winder equipment at other...

NUM says 10,000 jobs at risk in SA mining sector

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AN estimated 10,000 jobs are at risk in South Africa's mining industry, according to BusinessLive, a newspaper. The estimate, made by the National Union of...

Eleven miners killed, 75 injured in Implats Rustenburg accident

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ELEVEN miners lost their lives and a further 75 were injured in an accident on Monday afternoon at 11 shaft in Impala Platinum's (Implats') Rustenburg...

Wesizwe Platinum to cut jobs at “bloated” Bakubung mine

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THE jobs bloodbath in South Africa's platinum group metal (PGM) sector worsened on Monday after Wesizwe Platinum said it planned to restructure its "bloated"...

Bushveld survival plans boosted after refinancing $46.9m in debt

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ORION Mine Finance has agreed to refinance and extend $46.9m in debt with Bushveld Minerals paving the way for the recapitalisation of the vanadium...

Perseus builds 19.9% stake in Tanzania gold developer OreCorp

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PERSEUS Mining said today it had accumulated a 19.9% stake in gold developer OreCorp which is currently under offer from a third party. Listed...

Anglo discusses job cuts at Amplats, Kumba Iron Ore

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ANGLO American acknowledged it was under pressure following sustained weakening in platinum group metal prices (PGMs) and a decline in the performance of South...

Uranium listing shows SA’s junior mining is still kicking

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ONE thing resource miners have in spades is optimism. Take South Africa’s latest digger, Neo Energy Metals, which is hoping to build a uranium...

Half of Pan African shareholders oppose firm’s executive pay

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NEARLY half of shareholders who voted at Pan African Resources annual general meeting on November 23 declined to support the company's scheme for executive...

Mali agrees Russia deal to build Africa’s largest gold refinery

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MALI signed an agreement with Russia to build a gold refinery in Bamako in a development Reuters described as further evidence western influence in...