Mining charter negotiations have moved to ‘nitty-gritty’
THE Chamber of Mines of South Africa (CoM) and the Department of Mineral Resources (DMR) claimed important advances had been made in negotiations concerning...
Zwane calls SA mining to introduce more BEE
SOUTH Africa's mining industry should not be tied to "a specific number of entrants", said the country's mines minister, Mosebenzi Zwane, who called...
SA gold mining silicosis liability could top $3.4bn – Investec
SOUTH Africa's gold mining industry could face up to $3.4bn in liabilities relating to a class action issued on behalf of mineworkers suffering from...
Miners missing at Implats’ Rustenburg after ‘fall of ground’
TWO employees working at Impala Platinum's (Implats') Rustenburg 1 shaft are reported missing following a fall of ground at the operation this morning (May...
De Beers sacrifices 7.5% of sales for 10-year Namibia deal
THE newly signed 10-year marketing agreement between De Beers and Namibia removed uncertainty for the Anglo American diamond producer but it ran the risk...
Lonmin advances, but Magara warns of testing wage talks
PLATINUM firm Lonmin's share price rose almost 15% in morning trade after it convinced investors it had kept its promise to restructure, cut costs,...
Platinum stockpiles to fall 19% to 2 million oz in 2016
PLATINUM stockpiles were forecast to fall a hefty 19% to about two million ounces this year as newly refined supply fell and investment demand...
Slide in SA mining output a jolt to the senses
THE surprisingly large decline in mining production in March partly reflects low commodity prices but also indicates that South Africa’s mining industry is winding...
Court gives green light for mass silicosis claims
SOUTH Africa’s South Gauteng High Court has granted current and former mineworkers permission to proceed with a class action for damages against mining companies...
Platinum shares forecast to ease further as realism dawns
THE rally in platinum producers Anglo American Platinum (Amplats), Impala Platinum (Implats), and Lonmin has been nothing short of impressive this year. The obvious...