Home News Page 894

News

Holland blames wage pressure on platinum deal

0
Nick Holland, CEO of Gold Fields, said the platinum wage deal last year was "the pressure point" affecting this year's gold and coal wage negotiations.

Caledonia Mining striving for “premium rating”

0
By its own admission, Caledonia Mining has under-performed lately, but a $70m expansion and production stability may win it credibility with new investors.

Zim CoM warns gold miners forced to shut

0
Zimbabwe's Chamber of Mines warned gold miners may shut down owing to a string of difficult operating conditions including taxes, royalties and rule changing.

BHP demerger wins 98% shareholder support

0
Shareholders easily passed the resolution that creates South32, an event that BHP chairman, Jac Nasser, described as 'neutral' in terms of market timing.

Sibanye sticks to 1.67m oz output target

0
Sibanye Gold saw a hefty 31% slide in March quarter output - and a worrying decline in its margin - but said gold production would recover throughout the year.

Keaton may hold div as project capital looms

0
Keaton Energy may defer payment of a maiden dividend in a move informed by market conditions and the fact it is embarking on significant capital projects.

SA mining can double its contribution: Baxter

0
Newly appointed CEO of the Chamber of Mines, Roger Baxter, talks his vision for South African mining which he believes is far from a sunset industry.

Wesizwe plays waiting game in BEE muddle

0
Wesizwe Platinum hasn't yet become embroiled in the once-empowered, always-empowered debate as its BEE partners are still technically 'empowered'.

Does Molefe have the measure of Eskom?

0
Transnet's Brian Molefe has faced turnaround tasks before but will his considerable leadership skills be enough for a swerving car wreck like Eskom?

SA platinum in need of Lonmin, Impala union?

0
A report by Deutsche Bank sketches the fascinating scenario of an Impala-Lonmin combination as a means of installing sense into SA's platinum sector.