Sibanye to weigh platinum mines as safety stoppages hit viability
SIBANYE Gold said it was studying the viability of operations held in its newly acquired Aquarius Platinum following the issuance of safety-related stoppages, the...
World wants platinum, says Northam’s Dunne of R7bn plan
DOUBLING production at a cost of R7bn in the platinum sector may seem a demonstration of extreme optimism, but Northam Platinum CEO, Paul Dunne,...
Glencore to reinstate dividend in 2017 as hammers net debt
GLENCORE said there was "every likelihood" it would reinstate the dividend next year after a 12-month operating and balance sheet restructuring it which it...
The DMR hits back on safety stoppages
The Department of Minerals and Resources (DMR) has hit back at the mining industry over the issue of Section 54 work stoppages following a report...
How could Harmony have got Kusasalethu so horribly wrong?
I am gobsmacked by Harmony Gold’s announcement that it will chop the remaining life-of-mine at Kusasalethu from 24 years to five years through a...
Gold price must improve to incentivise industry recovery: Holland
THE world's gold industry will need the price of its metal to improve further in order to support investment in fresh resources, said Gold...
Section 54s cost SA mines R4.8bn in 2015, and 2016 may...
A REPORT by the Chamber of Mines of South Africa (CoM) estimates the application of safety stoppages - known as Section54s in terms of...
Amplats ‘morally compelled’ to stick with Zimbabwe BEE
COMPLYING with Zimbabwe’s ever-changing empowerment regulations – known as indigenisation – has been a major headache for platinum miners such as Impala Platinum and...
Exxaro’s Mgojo sets out Eskom tactic as firm prepares to “ride...
EXXARO Resources CEO, Mxolisi Mgojo, put a pragmatic spin on the firm's topsy-turvey relationship with Eskom, the South African power utility, saying that he...
South Deep lifts Gold Fields, but CEO Nick Holland scolds analysts’...
GOLD Fields' shares surged on the JSE this morning - at one stage trading at R87.95 nearly 5% up on Wednesday’s closing price -...