Bad day for AMCU as coal boss sees union “losing control...
ONE of the challenges facing Wescoal Holdings was that the Association of Mineworkers & Construction Union (AMCU), the recognised union at its Mpumalanga operations,...
JP Morgan downgrades Anglo stock on risks to Minas Rio expansion,...
SHARES in Anglo American were fully priced as they did not factor in the risk posed by South African elections in May, or the...
Billions of dollars in gold smuggled from Africa via UAE –...
GOLD worth billions of dollars is smuggled out of Africa annually through the United Arab Emirates (UAE), according to a Reuters report which quoted...
Wescoal to cut coal to Eskom after hundreds of employees run...
ESKOM'S coal supply worries have been kicked up a notch after on-mine rioting at the Vanggatfontein premises of Wescoal Holdings in Mpumalanga province have...
Tanzania denies attempts to block IMF report critical of “interventionist” policies
TANZANIA denied allegations it had blocked a report by the International Monetary Fund (IMF) that was critical of the East African country's policies and implementation...
SA government interference trumping mining sector’s ability to contribute to economy...
INTERFERENCE by the South African government was stopping the country's mining sector from contributing to overcoming poverty, unemployment and inequality, according to News24 which...
Orion boss Smart acknowledges Prieska success could make firm a takeover...
ORION Minerals CEO, Errol Smart, acknowledged the company could become a takeover target if it made a success of its Prieska zinc-copper project.
"At some...
LME to impose new rules to ensure responsible metal supply by...
THE London Metal Exchange (LME) has introduced new rules that will ensure metals supplied to it are done so responsibly by 2022.
Under the new...
A year after buying Anglo mines, Seriti’s Teke content with R2.7bn...
SERITI Resources is one of five companies thought to have been short-listed by South32 in terms of its planned sale of South African Energy...
Paladin Energy not planning capital raise to pay debt as works...
PALADIN Energy, the Australian-listed uranium development company, said it had no plans to raise capital to part- or completely pay down debt which matures...