Randgold in talks to end four day illegal sit-in at Tongon
TALKS to resolve an illegal sit-in by employees at Randgold Resources' Tongon mine in Côte d’Ivoire were underway, the company said in a statement.
The...
AngloGold will rely on law as it defends safety record, conduct
ANGLOGOLD defended its safety record, and its conduct with government, following critical comments by mines minister, Mosebenzi Zwane, who on January 25 said mining...
Anglo dispels 2015’s mood of despair as Q4 seals recovery
UK-listed mining group, Anglo American, produced a strong finish to its 2016 financial year with De Beers and its for-sale asset, the 70%-owned Kumba...
Lonmin leaks cash in Q1 as low productivity, absenteeism strike
LONMIN'S operational and financial woes deepened in the first quarter of its 2017 financial year in which it said it was losing money and...
Sibanye may shed 330 platinum miners in R800m cost drive
SIBANYE Gold could retrench about 330 employees at its platinum operations in terms of a proposal to extract R800m in operational synergies between properties...
Zwane hits back at Sibanye, AngloGold for refusing to obey law
SOUTH Africa mines minister, Mosebenzi Zwane, said he was concerned Sibanye Gold and AngloGold Ashanti were refusing to adhere to the country's laws in...
IDC given Jan 30 deadline to save DiamondCorp’s Lace mine
DIAMONDCORP has until January 30 to avoid going into administration which is the date given to one of its largest lenders, the Industrial Development...
PAMDC to appeal High Court’s prospecting right award to Aquila
PAN African Mineral Development Company (PAMDC) is to appeal a High Court decision which granted prospecting rights in the Northern Cape to Aquila Steel...
Kumba earnings lift to raise hopes for dividend reinstatement
HIGHER iron ore prices will ease Kumba Iron Ore to a full-year headline earnings increase of up to 132% year-on-year - a performance that...
Koko warns Anglo, Exxaro no restructuring without Eskom input
ESKOM interim CEO, Matshela Koko, took a hard line stance with coal suppliers Exxaro Resources and Anglo American saying at the utility's quarter update...