Home News Page 850

News

Returning foreign mineworkers to SA the “biggest movement of labour”, says...

0
EFFORTS to move an estimated 14,000 foreign mineworkers to South African mines has been described by Graham Herbert, MD of consultancy TEBA, as "the...

Guinea to review mining contracts

0
Unconscionable provisions in mining contracts conducted with Guinea's former government would be overturned in a comprehensive mining review announced by the country's mines minister.

SA’s Standard Bank to reduce coal mine financing following policy publication

0
SOUTH African lender Standard Bank Group expected to reduce its financing of thermal coal projects "over time" in line with national agendas on emissions. Commenting...

Ill Lonmin CEO admitted to hospital

0
Lonmin CEO Ian Farmer has been diagnosed with a serious illness and admitted to hospital, the group says. Meanwhile, 30 people have died in a police crackdown.

Perseus locks down $150m for Yaouré, spotlight now falls on April...

0
PERSEUS Mining has secured $150m in funds from a syndicate of three banks which will be used to develop the $265m Yaouré gold project...

Zim mines minister calls for calm

0
Obert Mpofu, supported by empowerment and youth minister, Saviour Kasukuwere, say mining licences will not be cancelled in Zimbabwe as negotiations on indigenisation continue.

Amplats raises prospect of saving more jobs

0
Anglo American Platinum, unions, and the DMR would resume the restructuring process for the platinum firm's Rustenburg shafts that may save yet more jobs.

Platinum CEOs say mechanisation not a panacea

0
Mechanisation, whilst the mining method of the future, is not the panacea for all mines, say CEOs from Impala Platinum and Anglo American Platinum.

Sibanye-Stillwater suspends PGM shaft after conveyor damaged

0
SIBANYE-Stillwater on Wednesday suspended its Siphumelele shaft following an accident in which a conveyor belt was damaged at the platinum group metals operation. There...

Scouting for diamonds in the rough

0
Don’t sell your diamond shares. And definitely don’t sell them if you happened upon the irrepressibly enthusiastic reports of meteorites holding trillions of carats.