Amplats strike ends in ‘no retrenchment’ pact
Amplats agreed to voluntary separation packages for 3,300 employees due to be retrenched of which half will be retained for six months and may even be offered jobs.
NUM may join AMCU in Amplats strike
The NUM could send its members on strike following a Labour Court decision today dismissing the union's attempts at halting the restructuring at Amplats.
PTM Waterberg find billed as ‘company-maker’
Exploration target Waterberg in the northern reaches of the Bushveld Complex could be a company-maker for Toronto's Platinum Group Metals, said an analyst.
Keaton lifted as interim coal output up 55%
Keaton Energy shares performed strongly on further evidence of improved output raising the prospect of a good interim showing in November.
DRDGold non-plussed as 600 in pay dispute
Niel Pretorius, CEO of DRDGold, says he was surprised by eleventh hour wage demands which would have doubled the increase he thought unions would accept.
Mathunjwa rages against Amplats, labour hire
Joseph Mathunjwa, president of AMCU, railed against Amplats' labour hire system which is a sticking point in a strike now into its second week.
Sable to keep M&A option over Nimba
Sable Mining will finance its $250m Nimba iron ore mine in such a way as to leave the door open to a merger with Anglo, GlencoreXstrata or Mittal as possible suitors.
ContiCoal confirms November JSE debut
The JSE is to get another thermal coal play in Continental Coal, a company currently in the throes of refinancing its balance sheet.
Anglo, Aquarius, Lonmin in SA ‘home-coming’
Local shareholdings in companies such as Anglo American and Aquarius Platinum are on the rise. Are investors in SA cashing in where foreigners fear to tread?
Platinum EFT demand continues to thrive
Based on a belief of improved prospects for the metal, there are still plenty of buyers for the JSE's platinum-backed debentures.