Implats unveils sweeping 5-year restructure
Impala Platinum has unveiled a four-year restructuring of its Rustenburg mine in which it would merge shafts, slow development of another, and halve capex.
SA miners slapped with electricity levy hike
Intensive energy users face an additional levy as the South African government studies loopholes - a tax that will stay in place until the carbon tax is instituted.
AMCU agreed to centralised gold wage talks
The Association of Mineworkers & Construction Union agreed to centralised bargaining in the gold sector this year when it signed recognition agreements.
DRDGold hoping to win back value investors
Improving the share price and growing DRDGold turns on winning back the interest of value investors, and that means operating consistency.
Petmin to continue share buy-backs
Petmin turned in solid interim results with its share gaining heavily, but the firm still believes ahead of an asset unbundling that the stock is under-valued.
Lonmin to lose turnaround expert Viljoen
Lonmin suffers a blow as its COO Johan Viljoen resigns less than a year after taking up the challenge of the group's operational turnaround.
Harmony delivers Kusasalethu miners safely
The gold producer said all 486 miners were returned to surface safely, but the suspension of mining is another blow to the operation.
AngloGold claims ‘intense competition’ for mines
AngloGold Ashanti said asset sales were progressing citing 'intense competition' from among conventional and non-conventional players seeking access to gold.
Fears over 486 as fire hits Harmony mine
A fire had trapped some 486 workers underground at Harmony's Kusasalethu mine although 287 were safe in the mine's refuge bays.
Northam finds 500koz/year in growth
Northam is out of the running for Amplats' Rustenburg mines but it has organic, low-cost growth approaching 500,000 ounces.