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Gulf in SA productivity rules out wage hikes

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Data shows that South African mining is hugely unproductive compared to Australia and demonstrates why AMCU's wage demands are unaffordable.

Eskom suits sacrifice pay amid R225m crunch

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Eskom's senior executives are to sacrifice their annual bonuses, but interim boss Collin Matjila warns that the electricity tariff has to be revisited.

Froneman vows to take ‘harder line’ on strikes

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Neal Froneman, CEO of Sibanye Gold, said the SA gold sector was aligned on rejecting 'unrealistic' wage demands and that it would take a harder line than the platinum industry.

Platfields in reverse listing negotiations

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Platfields, the suspended platinum junior, may be the target of a reverse listing which will result in a change in management.

Ramatlhodi bid to end strike draws AMCU praise

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Mines minister Ngoako Ramatlhodi drew upbeat comments from AMCU as he sought to force through a strike-busting wage deal.

AMCU bid to halt SMS campaign fails

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The Labour Court rejected an application by the Association of Mineworkers & Construction Union to have platinum producers stopped from texting workers on the strike.

Platinum firms, AMCU weigh 16% wage offer

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Platinum companies and the Association of Mineworkers & Construction Union hope to break the 19-week strike with a 16% basic pay increase, sources say.

Sibanye to ship first uranium from Cooke

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Sibanye Gold shipped its first uranium by-product from its Cooke operations on the West Rand, and said the production would lower overall costs and lift profits.

Eskom may sell shares in generation fleet

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Eskom is considering opportunities to sell stakes or establish joint ventures in its generation fleet as a means of becoming more sustainable.

Gold Fields to shut 70% of South Deep

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Gold Fields suffered more production troubles at its South Deep gold mining project saying a safety review would lead to a four month shut-down of most of the mine.