Market recovery alone will not save SA’s steel industry
THE steel market may have taken a turn for the better in the first three months of this year, but the extent to which...
Dollar puts brakes on metals, smacks Jo’burg stocks
US dollar strength was likely to remain a major headwind for mining stocks for several months at least, said Goldman Sachs on a day...
Terence Goodlace to leave Implats by December
TERENCE Goodlace has tendered his resignation as CEO of Impala Platinum (Implats), a surprise development that was accepted at a company board meeting today....
Mining charter negotiations have moved to ‘nitty-gritty’
THE Chamber of Mines of South Africa (CoM) and the Department of Mineral Resources (DMR) claimed important advances had been made in negotiations concerning...
Zwane calls SA mining to introduce more BEE
SOUTH Africa's mining industry should not be tied to "a specific number of entrants", said the country's mines minister, Mosebenzi Zwane, who called...
SA gold mining silicosis liability could top $3.4bn – Investec
SOUTH Africa's gold mining industry could face up to $3.4bn in liabilities relating to a class action issued on behalf of mineworkers suffering from...
Miners missing at Implats’ Rustenburg after ‘fall of ground’
TWO employees working at Impala Platinum's (Implats') Rustenburg 1 shaft are reported missing following a fall of ground at the operation this morning (May...
De Beers sacrifices 7.5% of sales for 10-year Namibia deal
THE newly signed 10-year marketing agreement between De Beers and Namibia removed uncertainty for the Anglo American diamond producer but it ran the risk...
Lonmin advances, but Magara warns of testing wage talks
PLATINUM firm Lonmin's share price rose almost 15% in morning trade after it convinced investors it had kept its promise to restructure, cut costs,...
Platinum stockpiles to fall 19% to 2 million oz in 2016
PLATINUM stockpiles were forecast to fall a hefty 19% to about two million ounces this year as newly refined supply fell and investment demand...