Slide in SA mining output a jolt to the senses
THE surprisingly large decline in mining production in March partly reflects low commodity prices but also indicates that South Africa’s mining industry is winding...
Court gives green light for mass silicosis claims
SOUTH Africa’s South Gauteng High Court has granted current and former mineworkers permission to proceed with a class action for damages against mining companies...
Platinum shares forecast to ease further as realism dawns
THE rally in platinum producers Anglo American Platinum (Amplats), Impala Platinum (Implats), and Lonmin has been nothing short of impressive this year. The obvious...
Eskom’s Molefe bets on power surplus in “a few years”
SOUTH African power utility, Eskom, said it would have sufficient excess capacity to make additional revenue from electricity exports within a few years and...
Gold miners net cash by 2018 as Goldmans ups price deck
ANALYSTS are throwing their weight behind a stronger gold market in the medium term with Goldman Sachs upgrading its dollar gold price deck by...
Who stands to hurt most if ‘new’ mining charter prevails?
SIBANYE Gold is one of the companies thought to be most at risk by the South African government’s surprise ‘third’ mining charter, a document...
WPIC bar, coin JV to grow platinum demand 100koz
THE World Platinum Investment Council (WPIC) and Swiss metal refiner, Valcambi, have signed an agreement to sell platinum bar and coins, primarily in the...
Cost cutting reaching limits of “what is possible”: Mackenzie
BHP Billiton CEO, Andrew Mackenzie, said there was limited capacity for the world's mining sector to make further significant in-roads into safe productivity improvements...
AngloGold mystified by Ghana government apathy
ANGLOGOLD Ashanti CEO, Srinivasan Venkatakrishnan, believes the integrity of the Obuasi orebody in Ghana is intact notwithstanding the prolonged invasion by hundreds of illegal...
Woodyer, founding CEO of Endeavour Mining, to step down
NEIL Woodyer, the founding CEO of Endeavour Mining, is to resign his executive duties at the 550,000 ounce-a-year gold producer, the company said in...