SA gold sector calls for ‘strategic’ wage talks
The Chamber of Mines wanted strategic and measured approach by NUM, AMCU and other unions in gold sector wage negotiations due to kick off on June 22.
South32 to impair Samancor JV with Anglo
The BHP Billiton spinoff suffered its first bad news since listing saying market forces would force it to write-down its loss-making Metalloys operation.
Pan African to buy R200m Shanduka coal mine
The gold and platinum producer would spend R200m for a 400,000 tonnes/year export coal mine but did not anticipate diverging from its precious metals focus.
AngloGold to sell CC&V in $820m Newmont deal
Anglogold has agreed to sell Cripple Creek & Victor (CC&V) to Newmont Mining for $820m enabling it to begin cutting debt and interest costs.
National champion workable: Nomura
The creation of a national mining champion was workable, but the question was whether South Africa's empowerment ambitions should exist in one company.
Anglogold, Gold Fields tie-up talk makes return
The popular gold merger dream-wish of Gold Fields and AngloGold Ashanti is back again, but this time it says more about South Africa than the gold sector.
PwC warns payouts from debt “a fine line”
The market penalised the world's miners last year amid metal price declines, said PwC which added that paying dividends in lean times was walking "a fine line".
Ramatlhodi, NUM up ante on retrenchments
South African mines minister, Ngoako Ramatlhodi, warns mining firms to follow the rules when restructuring on the same day NUM declares "war on job losses".
Dishonest DMR view “regrettable”, says Govt
David Msiza, chief inspector of mines said it was "regrettable" some junior miners thought the Department of Mineral Resources was viewed as dishonest.
Metallon gears up for gold expansion
Metallon Gold's new appointment is intended to help spearhead its growth in Zimbabwe as it seeks readmittance to the London Bullion Market.