AMCU to get foothold at Northam mine
Northam pin-points labour relations as complex and an operating risk just as AMCU wins recognition rights at the firm's key Zondereinde mine.
Sibanye may build R3bn power plant
Sibanye Gold said power disruptions owing to Eskom load-shedding had forced it to consider building a R3bn solar-power plant or a coal-fired power station.
DRD shares 6% lower despite green-shoots
Investors took a dim view of DRDGold skipping the dividend despite the fact it de-leveraged its balance sheet and showed evidence of an operating turnaround.
“We won’t buy any more gold assets”: Froneman
Neal Froneman, CEO of Sibanye Gold, said cross-boundary asset swaps ought to be replaced by meaningful consolidation creating a South African gold champion.
Gold Fields’ Muller says South Deep ‘dysfunctional’
Newly appointed VP of South Deep, Nico Muller, delivered a withering appraisal of South Deep's management and engineering track-record.
Miners in spin as DMR discounts pre-2004 BEE
The South African government has put its mining sector into a panic by seemingly wanting to discount empowerment deals concluded before May 1, 2004.
Jury out on platinum market surge in 2015
The theory is that the platinum market will recover during the course of this year - a view which has its followers and detractors.
Acacia targets higher dividend for 2015
Acacia Mining unveiled a 40% increase in its total dividend for the 2014 financial year and said the payout may be increased this year as a percentage of cash flow.
Global mining sector resigned to year of hardship
There's no escaping 2015 for the world's mining industry with financial hardship, belt-tightening, and investor scepticism is likely to dominate, analysts say.
Anglo may sell Eskom thermal coal business
Anglo American CEO, Mark Cutifani, said the group was considering selling all or part of its thermal coal business which was considered to be non-core.