DRDGold strike brought to early close
DRDGold, the gold retreatment company, brought a 600-strong strike to an early
conclusion agreeing to pay
Amplats strike ends in ‘no retrenchment’ pact
Amplats agreed to voluntary separation packages for 3,300 employees due to be retrenched of which half will be retained for six months and may even be offered jobs.
Trans Hex sets Oct. 15 for “urgent” NM deal
Trans Hex has set down October 15 as the date for completion of the R166m acquisition of Namaqualand Mines (NM), a transaction it described as "urgent".
NUM may join AMCU in Amplats strike
The NUM could send its members on strike following a Labour Court decision today dismissing the union's attempts at halting the restructuring at Amplats.
PTM Waterberg find billed as ‘company-maker’
Exploration target Waterberg in the northern reaches of the Bushveld Complex could be a company-maker for Toronto's Platinum Group Metals, said an analyst.
DRDGold non-plussed as 600 in pay dispute
Niel Pretorius, CEO of DRDGold, says he was surprised by eleventh hour wage demands which would have doubled the increase he thought unions would accept.
Keaton lifted as interim coal output up 55%
Keaton Energy shares performed strongly on further evidence of improved output raising the prospect of a good interim showing in November.
Sable to keep M&A option over Nimba
Sable Mining will finance its $250m Nimba iron ore mine in such a way as to leave the door open to a merger with Anglo, GlencoreXstrata or Mittal as possible suitors.
Mathunjwa rages against Amplats, labour hire
Joseph Mathunjwa, president of AMCU, railed against Amplats' labour hire system which is a sticking point in a strike now into its second week.
Anglo, Aquarius, Lonmin in SA ‘home-coming’
Local shareholdings in companies such as Anglo American and Aquarius Platinum are on the rise. Are investors in SA cashing in where foreigners fear to tread?