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SA mining boards meet charter targets: PwC

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PwC said that South Africa's mining sector had met its employment equity targets at board level in terms of the mining charter ... but only just.

AMCU gold strike could sound NUM death-knell

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Don't be surprised if the once mighty National Union of Mineworkers collapses completely within the next six months as it battles AMCU.

Lonmin to write down assets by $2.1bn

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Lonmin said it had made progress on its plans to retrench 6,000 jobs and said assets had been revalued to between $1.6bn and $1.8bn.

Signs that platinum market has bottomed

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There are signs that the platinum market may have put the worst behind it, according to analysts and market commentators.

SA miners flat-footed on mine closures

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South Africa's mining industry has been able to adapt in all areas except in the issue of mine closure certificates, experts said.

Optimum may extend Hendrina coal supply

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Optimum Coal has offered to continue supplying Eskom's Hendrina coal mine beyond November whilst the Mpumalanga colliery undergoes business rescue.

Holland calls time on labour-intensive mining

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Nick Holland, CEO of Gold Fields, said mining companies in South African had to transform to mechanised mining methods in less than ten years.

Sibanye trims gold forecast for 2015

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Sibanye Gold said operations had improved during the year after earlier disruptions, but it was nonetheless unable to avoid a cut in total production.

Transnet to double in R380bn capital spend plan

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South Africa's state-owned transport and logistics company, Transnet, would take total expansionary spend to half a trillion rands in ten years' time.

Kumba unlikely to reinstate dividend

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Kumba Iron Ore was unlikely to pay dividends with cash flow generation a major struggle throughout 2016, said Goldman Sachs.