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Amcu absent from Govt. brokered peace pact

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Amcu missed the deadline for a peace pact with platinum firms amid confusion as to whether it is responsible for newly founded workers' committees.

Gona unrelenting on royalty tax

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FRED Gona, parliament’s mineral resources portfolio committee chairperson, said he would not relent on a plan to channel mining royalties directly into the fiscus despite criticisms from the mining sector that taxes should be ring-fenced.

SA platinum embroiled in economic crisis

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Mine bosses told a minerals portfolio committee that SA's platinum sector was trapped in a crisis; one that would be worsened by 16% electricity tariff hikes.

AngloGold wary of SA unbundling benefits

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AngloGold Ashanti declared itself underwhelmed by the investor response to the unbundling of Gold Fields' SA assets and said it would focus on other initiatives first.

Kloppers calls it quits at BHP Billiton

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Marius Kloppers is to step down from BHP Billiton after nearly six years at the firm and is to be replaced by Andrew Mackenzie, head of BHP's non-ferrous business.

Shabangu steps into Amplats fray

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Susan Shabangu, mines minister, met with the Chamber of Mines and unions to discuss the resurgence of violence at Anglo American Platinum.

Amplats’ Griffith “not confident” of saving jobs

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Anglo American Platinum CEO, Chris Griffith, delivered sobering news to the minerals portfolio committee saying the likelihood was high Amplats jobs would be lost.

Miners battle amid capital shrinkage

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Access to capital proved difficult for mining companies globally, according to a Ernst & Young which surveyed capital raisings and debt finance in the industry for 2012.

Kumba ‘second footprint’ lends option to SA

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Norman Mbazima, Kumba Iron Ore CEO, believes government is realistic, but its plans for domestic iron ore pricing makes the firm's Africa footprint a useful option.

De Beers pins hopes on India, China

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Improved sales in India and China would assist the diamond market in staging a modest turnaround in fortunes during 2013, De Beers said.