Aquarius Pt deals yield much needed light
Aquarius Platinum significantly de-risked about half of its platinum production in two deals today that yield much-needed light for an industry mired in misery.
Motlanthe hails spirit of union camaraderie
Deputy president Kgalema Motlanthe said there was a spirit of camaraderie among rival unions at a recent summit meeting aimed at installing mine peace and stability.
Wescoal domestic coal plan yields dividend
Wescoal Holdings signalled its confidence in its domestic coal supply strategy paying a maiden dividend and saying it was seeking more acquisitions.
AMCU serves demands on bad day for golds
The Associated Mineworkers & Construction Union issued gold wage demands on a day in which gold shares endured another tough day on the bourses.
Labour pact just a pre-election palliative?
The labour, union and government pact that AMCU may or may not sign has been dismissed as a short-term, pre-election palliative by its critics.
Rand lends limited cover to coal stocks
The rand hasn't provided much of an uplift to coal stocks but there are South African companies that are lifting themselves up by their own shoe-strings.
Brown may nail colours to R4bn CoAL plan
Coal of Africa this week published plans for a R4bn coking coal project, a development that entice a long-term commitment from interim CEO, David Brown.
Perpetrators will go to jail: Amplats’ Griffith
Chris Griffith, CEO of Anglo American Platinum, said the government had finally taken the right steps that would stem mine violence and send perpetrators to jail.
ARM, Assore to build smelter in Malaysia
African Rainbow Minerals and Assore are to build a $300m ferromanganese smelter in Malaysia owing to the access to cheap power, the companies said.
Venkat bullish on deal with labour, Govt
AngloGold Ashanti CEO, Srinivasan Venkatakrishnan, expressed optimism that South Africa would solve the labour protest and violence at its mines.