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NUM to call coal sector strike from Sunday

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The National Union of Mineworkers would continue negotiating with coal producers but if matters were unchanged a strike would be called on October 4.

AMCU adds sour note to gold sector wage deal

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Joy and trepidation for South Africa's gold sector today as unions accept a 13% wage increase except the Association of Mineworkers & Construction Union.

Resgen battle takes sinister turn

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Resource Generation said shareholders had breached confidentiality agreements by using information aiming to overhaul the board.

SA gold sector edges towards wage deal

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Solidarity and UASA may accept the gold sector's latest wage offer and there's talk NUM may follow suit. But what of AMCU?

Resgen $539m deal delivers riposte to critics

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Resource Generation has delivered a riposte to shareholders who would oust its board lining up $539m in private Swiss money for the Boikarabelo coal project.

IchorCoal will weigh bidding war for Universal

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IchorCoal said its offer for Universal Coal was firm and justified but it may weigh its options in the event a rival offer for the Australians emerges as claimed.

SA’s Altius launches Resgen board ouster

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Pressure is heaped on Resource Generation CEO, Paul Jury, who agrees to a general meeting at which the chief topic will be his, and his board's, resignation.

SA nuclear plan outdated and unnecessary

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South Africa's plans for 10 Gigawatts of base-load nuclear power was based on a plan drawn up in 2010 when the economy was forecast to grow at higher levels.

Peak gold due by 2020 as exploration slides

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The decline in gold exploration successes could mean a peak in gold production by about 2020, according to a recent report.

Glencore savaged as shorts prey on debt fears

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Glencore led the way in a dire day's trade for mining stocks with fears about the cost of servicing debt high on the agenda of investors and speculators.