SA’s platinum industry to be reshaped
JP Morgan Cazenove reckons big changes are about to take place in SA's embattled platinum sector with Lonmin in particular facing tough decisions.
The Return of the Pin-striped Bandit
Mark Wellesley-Wood - once famously described by the late Brett Kebble as a "pin-striped bandit" - is back and on the warpath against Mwana Africa.
Anglogold Ashanti wants top dollar for Iduapriem
AngloGold CEO Srinivasan Venkatakrishnan's message to Gold Fields' CEO Nick Holland on a potential sale of the Iduapriem mine is straightforward - cough up.
Lonmin heading into takeover territory
Lonmin is sailing into potentially stormy waters as it fights to stay profitable while Glencore will unbundle its 23.9% stake in the company on June 9.
AngloGold CEO warns on SA gold mines future
The South African gold mining industry risks going the same way as the failed Obuasi mine in Ghana if a new approach to setting wages is not reached.
Anglo targets cash over expanding Minas Rio
Anglo American is to drive cash from its Minas Rio iron ore mine rather than occupy itself with expanding an already heavily over-supplied market.
Harmony throws down the gauntlet on pay
Harmony CEO Graham Briggs has drawn a line in the sand ahead of the upcoming gold pay negotiations warning of possible massive retrenchments
Lonmin to shed 3,500 employees in cost drive
Lonmin confirmed reports it would shed 3,500 jobs on a voluntary basis in an effort to slash 10% of its overheads amid a sluggish platinum price.
Gold Fields looks to better days after Q1 loss
Gold Fields kicked off the first three months of its financial year with losses - an outcome the market disliked with the firm's shares 8% weaker in early trade.
SA to align BEE mining laws with DTI codes
Mines minister, Ngoako Ramatlhodi, said efforts will be made to align the mining charter with the BEE codes of the Department of Trade & Industry.