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Smelter rebuild caps bad year for Northam

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Northam Platinum's miserable year took another turn for the worse with the firm saying it would have to rebuild a furnace at its Zondereinde smelter.

Zuma stages timely wage crisis intervention

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South African president Jacob Zuma has called on traditional leaders to pare worker expectations regarding wage increases or risk wrecking the country's economy.

Lonmin cutting it fine as Amcu talks intensify

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Lonmin is running out of time to form a recognition agreement with Amcu as the two parties edge towards arbitration, the last staging post before possible strikes.

Amplats raises prospect of saving more jobs

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Anglo American Platinum, unions, and the DMR would resume the restructuring process for the platinum firm's Rustenburg shafts that may save yet more jobs.

Amcu weighs centralised gold wage talks

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Joseph Mathunjwa, Amcu president, said his union may join the Chamber of Mines in centralised wage talks for members in the gold industry.

Petra keeps sights on 2015 capex plan

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Petra Diamonds has methodically scaled up diamond production but a time will come when investors will expect to enjoy yield. That time is coming, the firm says.

SA gold wage talks kicked off by NUM

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The Chamber of Mines declines to confirm speculation NUM wants a 60% increase in gold miner wages but says the union has made its first position known.

Don’t panic, it’s just the mining cycle

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There's a lot of long faces in the mining industry, but shouldn't we expect spending cuts and plummeting stock prices? This is after all, a fundamentally cyclical market.

Metmar through the worst of volatile market

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Metmar CEO, David Ellwood, believes the metals trading company is through the worst of a difficult market in which he acknowledges his firm was too defensive.

Rockwell says Wouterspan mine economic

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Rockwell Diamonds said a preliminary study of its Wouterspan mine which it is hoping to take out of mothballs was economic and would cost $45m to build.