Lonmin feared to be in “vicious cycle” of under-investment
SHARES in Lonmin – up about 141% this year - have a long way to go before clawing back the dramatic losses suffered between...
Gold Fields to approve $100m Damang expansion
GOLD Fields was set to approve the expansion of its Damang mine in Ghana with a final decision on the $100m project due within...
AngloGold self-help raises hopes of dividends resumption
THE invasion of hundreds of artisanal miners at AngloGold Ashanti’s Obuasi gold mine in Ghana is certainly distressing for the company, but analysts don’t...
Market recovery alone will not save SA’s steel industry
THE steel market may have taken a turn for the better in the first three months of this year, but the extent to which...
Dollar puts brakes on metals, smacks Jo’burg stocks
US dollar strength was likely to remain a major headwind for mining stocks for several months at least, said Goldman Sachs on a day...
Terence Goodlace to leave Implats by December
TERENCE Goodlace has tendered his resignation as CEO of Impala Platinum (Implats), a surprise development that was accepted at a company board meeting today....
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...