Sibanye targets month-end for Amplats outcome
Neal Froneman, CEO of Sibanye Gold, said the company was "committed to doing something with Amplats" but he was unsure what the outcome would be.
Metal price slump hurts Zimplats
Zimplats produced lower volumes in a weaker market which resulted in a 41% June quarter profit slide at the Impala Platinum subsidiary.
AMSA to ask Kumba to lower iron ore price
ArcelorMittal South Africa said it wanted to get Kumba at the negotiating table to discuss a lower price for the 6.5 million tonnes it buys in iron ore.
More cash as SA gold firms make “final offer”
South African gold producers promise to pay R12,500 and R13,200 per month for entry-level workers in three years as a key concession in its "final offer".
Major platinum cuts unlikely, says Griffith
Anglo American Platinum CEO, Chris Griffith, said major restructuring in the South African platinum sector was unlikely "at these levels".
Northam agrees 13% wage lift at Zondereinde
Northam Platinum grants NUM members a 13% lift to basic wages and allowances in year one at its Zondereinde mine where labour relations have been volatile.
BEE partners should be allowed to fail: Cutifani
Mark Cutifani, CEO of Anglo American, said black-owned mining partners should be allowed to fail instead of having companies such as his prop them up.
Cutifani lights touch paper on SA failings
Anglo American's Mark Cutifani issued his sternest warning yet that policy uncertainty and labour strife would toll the end of the South African mining sector.
Kumba supportive of Exxaro in BEE restructure
Kumba Iron Ore CEO, Norman Mbazima, said the company would be supportive of Exxaro as it sought to restructure its BEE structure at a time of price lows.
Acacia sticks to 5-year plan despite lower gold
Acacia Mining, which posted a 63% fall in interim profit, said a five-year plan to generate free cash flow would not be changed even if the gold price sank lower.