NUM to call national coal strike after bust-up with Chamber
THE National Union of Mineworkers (NUM) is to embark on a national strike in the coal sector following the disintegration of discussions in which...
Shareholders throw weight behind Banro $207.5m refinance
BANRO Corporation, a Toronto-listed gold producer operating in the Democratic Republic of Congo (DRC), has unveiled a radical recapitalisation of the business in which...
SA coal exports slide amid evaporation of BEE supply
TRANSNET Freight Rail (TFR) has pegged maximum coal railage capacity on the Richards Bay line at 81 million tonnes (mt) annually for at least...
SA platinum consolidation still on the table for Sibanye’s Froneman
THERE are market whispers that Sibanye Gold’s daring R30bn takeover of Stillwater Mining, a platinum and palladium company in the US, may be Neal...
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...