AMCU to take increased wage offer to members
AMCU has agreed to take an increased offer by platinum producers to members today in a development that Impala Platinum said had left it "quietly optimistic".
Mwana to pump $26.5m into Bindura restart
UK-listed Zimbabwean mining firm Mwana Africa is to spend $26.5m restarting its Bindura Nickel facility of which half would be debt-financed.
Petmin to pay special dividend on NAIC exit
Petmin is to unbundle shares worth 50c per unit in terms of earlier laid plans to extract itself from a 40% stake in pig iron prospect North Atlantic Iron Corp.
Housing subsidy key to ending strike: Govt.
South African mines minister, Ngoako Ramatlhodi, said wage talks had progressed with the sides sticking on two basic points of which one was housing subsidies.
Platinum stirs, but analysts fear false dawn
Platinum improved $30/oz, but analysts said there was not enough evidence the strike had depleted above ground stocks to signal a shift in the metal's fortunes.
Platinum strike goes on as Govt talks fail
The Inter-Governmental Task Team has been dissolved without finding a way to end a 20-week strike over wages in South Africa's platinum industry.
Kalagadi’s Mashile-Nkosi lays into IDC
Kalagadi Manganese chairperson, Daphne Mashile-Nkosi, has accused the IDC of behaving "like a loan shark" after R1bn in loan debt almost doubled after interest.
Eskom’s Tstotsi fears New Largo may be late
Eskom chairman Zola Tsotsi said there was a risk Anglo American's New Largo coal mine might not be ready in time to supply the 4,800MW Kusile power station.
Gulf in SA productivity rules out wage hikes
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
Eskom's senior executives are to sacrifice their annual bonuses, but interim boss Collin Matjila warns that the electricity tariff has to be revisited.