Lonmin to shed 3,500 employees in cost drive
Lonmin confirmed reports it would shed 3,500 jobs on a voluntary basis in an effort to slash 10% of its overheads amid a sluggish platinum price.
Caledonia Mining striving for “premium rating”
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
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
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
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
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
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
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?
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?
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.