Friedland gets Ivanplats IPO away for $307m
Mining entrepreneur Robert Friedland gave crisis-hit South African mining investors
something to smile about after listing Ivanplats, a company that has the Platreef
project at its heart.
Sishen ramp-up plagued by no-shows
Kumba Iron Ore says the ramp-up of operations at its Sishen mine is beset with
interruptions following the end of the occupation of the mine.
Eskom submits 16%, 5-year tariff increase
Eskom seeks hefty increases in electricity tariffs in order to pay for a doubling in
electricity capacity but which stops at its R92bn, 4,800MW Kusile power station.
Dark days on the horizon for SA mining
A research report by financial services firm JPMorgan Cazenove predicts sporadic
strikes in South Africa’s mining industry may carry on for up to a year.
Anglo to discuss Carroll’s future – report
The Board of Anglo American will this week discuss demands to replace chief
executive Cynhia Carroll, reports Sky News.
AngloGold issues strike ultimatum
AngloGold Ashanti has finally issued its striking workforce an ultimatum to return to
work, close to a month after all its SA operations were brought to a standstill.
Cosatu to “reclaim Rustenburg’
Cosatu will next weekend hold a rally in strike affected Rustenburg as it tries to
regain the support of workers.
Gold Fields confirms KDC West strike over
A month-long strike at Gold Fields KDC West mine was confirmed over by Gold Fields
in the early hours of this morning.
Amplats holds off on further dismissals
Anglo American Platinum says it is holding off on dismissing striking workers at its
Union and Amandelbult mines.
Harmony says wage proposal is gaining traction
Harmony Gold CEO Graham Briggs says a proposal originally rejected by unions to
improve wages an average 1.5% by changing job grades was gaining acceptance at
the company’s operating mines.