SA’s steel strategy fails to add up
What's the point of keeping more iron in the country when there's not enough demand for it, asks an analyst who added the steel beneficiation strategy didn't add up?
Industry does not like workers: Mantashe
Gwede Mantashe, secretary-general of the ANC, thew his weight behind the National Union of Mineworkers and said the mining sector didn't like workers.
Gold to challenge $1,850/oz in 2013: GFMS
US stimulus efforts and an interest in protecting wealth would sustain the gold price in 2013, according to Thomson Reuters GFMS in its annual report.
Northam RDOs reject pay offer, seek 38% boost
Rock drill operators at Northam Platinum's Zondereinde are demanding a 38% increase after downing tools on April 2. Some R46m has been lost in revenue.
Noose to tighten on scrap, iron ore exports
Government hopes to give teeth to its draft policy in which iron ore, steel and scrap metal exports are being targeted as detrimental to domestic economic growth.
Cutifani to put Anglo under microscope
Mark Cutifani would spend the first four months as CEO of Anglo American assessing asset mix and competitiveness, according to an internal company interview.
BHP Billiton to hold Eskom to power deal
Diversified mining group BHP Billiton said it would hold Eskom to a power deal first agreed in the Nineties despite pressure that it be modified.
Gold Fields keen to swiftly end Tarkwa strike
Gold Fields' Tarkwa was already the highest margin mine in the group's new look, all the more reason why it can't afford a lengthy dispute with Ghanaian employees.
Resgen gets $132m funding deal with Noble
Resource Generation has secured financing for its Waterberg coal project Boikarabelo following an equity and debt deal with Noble Group, a trading firm.
Ramaphosa reverses worker dismissals
Cyril Ramaphosa, a shareholder in Shanduka, said negotiation was preferable to mass dismissals as he ordered the re-instatement of sacked Shanduka Coal workers.