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AMCU petition to be ‘strongly opposed’

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South Africa's platinum producers said they would strongly oppose a petition launched by AMCU that they desist from communicating with the union's members.

DRDGold declines to set date for FFG fix

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DRDGold said it had improved gold production in April after suspending its flotation fine grind circuit but give no indication when it would be fixed.

Essar resuscitates 500ktpy Zim steel plant

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India's Essar Group said it would restart plans to breathe new life into Zisco, the state-owned Zimbabwe steel producer, and build a 600MW power plant.

Producers call on AMCU to guarantee safety

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South Africa's platinum producers called on AMCU to guarantee the safety of its members who wanted to end the union's 16-week long strike.

Lonmin restart to pressure platinum price

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Plans by Lonmin to restart its processing facilities would almost certainly apply new price pressure on the platinum price, analysts said.

AMSA may reprice steel as rand strengthens

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ArcelorMittal SA said it would consider lowering prices of its flat products as the rand had gained 7% against the dollar since mid-February.

Randgold sets about 10-year bankable plan

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Randgold Resources hopes to extend bankable reserves at some of its mines to 10-years while it sets about finding "the next big elephant".

South Deep hiccough tempers Gold Fields

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Gold Fields produced good March quarter figures in which it lowered net debt, but a minor output adjustment at South Deep will give grounds for unease.

Harmony may pay dividend after upbeat figures

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Harmony Gold said plans to reward shareholders were intact after improved March quarter figures and prospects of a continued good performance this quarter.

Amplats details executive share plan as talks fail

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In an unfortunate case of timing, Amplats details millions of rands in share incentives to directors that underpins the gulf between worker and executive classes.