Gold Fields signs 6.5% wage lift with NUM, UASA for South...
GOLD Fields has agreed a three-year wage pact with employee unions at its South Deep mine west of Johannesburg, the company said today.
The gold...
Sandvik predicts migration to electric underground mining vehicles in 10 years
CAPITAL equipment manufacturer, Sandvik, expected to make more electric underground mining units than diesel-powered in about 10 years, said Reuters citing the firm's mining...
Port switch to have “large negative impact on value of” Kropz...
AFRICAN Rainbow Capital Investments (ARC), the JSE-listed investor led by mining magnate, Patrice Motsepe, said in an update that the strong rand and additional...
SA Govt’s surprise lift in self-generation threshold to catalyse R27bn in...
SOUTH Africa's mining sector could add 1,600MW of mostly renewable, privately-funded power to the national grid following President Cyril Ramaphosa's surprise increase in the...
Kick in thermal coal prices unlikely to incentivise new projects
STRONG prices for thermal coal were unlikely to encourage new mine builds, said Bloomberg News.
"We expect most coal miners exporting into the seaborne market...
SA could decomission coal-fired power quicker than currently planned
SOUTH Africa could decommission coal-fired power stations quicker than set down in the current government plan, and replace a portion of the deficit with...
Sibanye-Stillwater buy-back proves firm won’t “waste money” on M&A says Froneman
SIBANYE-Stillwater opted to buy back R10bn worth of its shares last week in a demonstration that it wasn’t going to waste money on mergers...
DRC at the centre of world’s push to producer more copper...
THE Democratic Republic of Congo (DRC) would be a key participant in the decarbonisation of the global economy owing to its copper resources, said...
PTM says “line of sight” over $400m funding will secure SA’s...
PLATINUM Group Metals (PTM) could begin construction on the $600m Waterberg palladium project this year as the company had "line of sight" over the...
SA accounts for half of deaths reported by ICMM members in...
MEMBERS of the International Council on Mining and Metals (ICMM) reported 44 deaths in 2020 compared to 287 in 2009 when the collapse of...