AMCU buys time in gold strike poser
The Association of Mineworkers & Construction Union won't rush into a gold strike amid uncertainty as to whether prolonged confontation with employers has legs.
Resgen seeks to blunt hostile shareholder vote
Resource Generation wants the Takeovers Panel to stop South Africa's PIC as well as Altius Investments and Noble Group from voting to replace its board.
NUM, CoM fail to nail coal wage deal
Efforts to end a one week strike in South Africa’s coal sector were likely to extend into the week after negotiators strove fruitlessly to find a resolution last night.
AMCU votes to strike at gold mines
The Association of Mineworkers & Construction Union voted in favour of a strike over wages at the mines of Harmony Gold, AngloGold Ashanti and Sibanye Gold.
Zwane picked to stick to ANC script
Mosebenzi Zwane is more likely to stick to the ANC script than his predecessor in the mines ministry, Ngoako Ramalthodi who was censured for improvising.
PGM fallout from VW scandal muted, for now
The impact on the platinum group metal producers from the Volkswagen AG 'dieselgate' scandal may be limited, analysts suggest.
Volatile Lonmin reflecting option value
Shares in Lonmin continue to be volatile with the stock regaining more than 70% of its value in seven days - a movement that may reflect its option value.
Wescoal holds div, issues shares amid cash strain
Wescoal Holdings said it would not pay a final dividend and would raise up to R81m through a rights issue whilst is sought a long-term supply deal with Eskom.
Glut of cheap debt giving miners heartburn
A glut of cheap debt that was made available the world financial crisis is hurting mining firms who gorged on it, analysts say.
Sibanye bids R4bn for Aquarius Pt
Sibanye Gold has bid R2.66/share for Aquarius Platinum taking platinum group metal production to over one million ounces a year.