Mugabe takes Zimplats to court in effort to seize land
ZIMPLATS has been dragged to court with President Robert Mugabe seeking to finalise the take-over of nearly 28,000 hectares of platinum land claims belonging...
Jury out on whether AMCU has appetite for war of attrition
PLATINUM mineworkers’ current wage agreement with Anglo American Platinum (Amplats), Impala Platinum, and Lonmin came to an end on June 30, and the mining...
Sibanye may shut Cooke 4 as losses put complex at risk
SIBANYE Gold has raised the prospect of closing its Cooke 4 mine and Ezulwini gold and uranium processing plant, west of Johannesburg, which was...
Vedanta targets expansion of South African footprint
UK-listed diversified mining firm, Vedanta Resources, said it intended to expand its operational base in South Africa building on a decision in 2014 to...
Wheels came off, but Transnet’s Gama sees green shoots
THE year-end results of Transnet, South Africa's state-owned transport and logistics company, provides an alternative snapshot of the health of the national economy; one...
AMCU lifts curtain on platinum wage talks with R12,500 demand
THE Association of Mineworkers & Construction Union (AMCU) intends to kick off wage negotiations in the platinum sector on July 12 at Impala Platinum...
M&A ‘flurry’ in Africa mirrors gold’s new found popularity
THE improvement in the gold price has precipitated a flurry of merger and acquisition activity in the sector, especially in Africa – a development...
Lucapa Diamonds may lift Lulo stake in Endiama share swap
LUCAPA Diamond Company, the Sydney-listed diamond producer and exploration firm, is in discussions to increase its stake in its 40%-owned Lulo diamond mine in...
Eastplats to review $50m Barplats deal after ouster
EASTERN Platinum (Eastplats) is to review the "recently proposed transaction" to sell its Crocodile River mine for $50m to a Chinese company following a...
Eskom took Tegeta shares as security for R586m prepayment
ESKOM accepted shares in Tegeta Exploration & Resources (Tegeta) as security for R586m it prepaid the Gupta family company for coal from Optimum colliery.
Brian...