Home News Page 723

News

Exxaro agrees 7.5%-10% wage deal to end Grootegeluk strike

0
EXXARO Resources brought a nine day strike over wages at its flagship mine, Grootegeluk and Leeuwpan to an end today after agreeing a new...

Acacia aims to save Buzwagi through processing adaptation

0
ACACIA Mining expected to restore Buzwagi to a cashflow positive position after adapting the mine's processing method so it only produces gold bars, known...

NUM broadens strike at Petra mines to include Koffiefontein

0
THE National Union of Mineworkers (NUM) has broadened its strike at the premises of Petra Diamonds' South African mines saying its members will down...

Cynthia Carroll conspicuous absentee at Anglo centenary bash

0
FORMER Anglo American CEO, Cynthia Carroll, was a conspicuous absentee of the UK group's centenary celebration held at Vergelegen, the historic wine farm that...

Agarwal to lift stake in Anglo after targeting £1.5bn share swoop

0
ANIL Agarwal, the chairman of Indian firm, Vedanta, is to lift his personal stake in Anglo American by buying between £1.25bn to £1.5bn worth...

Endeavour gives green light to expanded $412m Ity project

0
ENDEAVOUR Mining has given the green light to its Ity expansion project in Côte d’Ivoire following exploration work and by leveraging skills and synergies...

Exxaro weighing survival as global energy debate rolls on

0
MXOLISI Mgojo acknowledges the need to put his "own stamp" on Exxaro Resources, the coal, mineral sands, and iron ore company to which he...

Pan African cuts payout after year of production headaches

0
PAN African Resources (Pan African) cut the final dividend 62% to R185m following a difficult operational year characterised by hindrances and vexations which resulted...

Sibanye seals $450m bond issue in last leg of Stillwater deal

0
SIBANYE-Stillwater is to issue $450m in convertible bonds on September 26 following a successful book-build which will see the precious metal miner apply the finishing...

Labour tensions rise as SA mining takes job cuts through 23,000

0
THERE'S been a rise in tensions among South Africa's mining unions, and its labour in general, this month following volatility at the Kimberley mines...