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Ramatlhodi implores sector to save jobs

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Mines minister, Ngoako Ramatlhodi, said at a two-day emergency meeting that he would implore the mining sector to find new ways of limiting retrenchments.

New Mining Charter in 2016, sanctions raised

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The SA government would have a new charter ready by March 2016 and would lift sanctions for non-compliance to 10% of income from current R500,000 charter.

RBPlat puts brakes on R10bn Styldrift venture

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Platinum company also said operational problems, load-shedding and safety stoppages contributed to a dismal first half of the financial year.

Glencore, Eskom lock horns over failing Optimum

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Glencore said it would place the Optimum Coal Holdings, which controls the 5.5 million tonne/year Eskom mine, into business rescue as coal price talks fail.

Sibanye targets month-end for Amplats outcome

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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

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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

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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”

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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".

BEE partners should be allowed to fail: Cutifani

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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

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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.