Anglo, Codelco deal may open up copper mountain
The deal unveiled by Codelco and Anglo American may unlock the huge value
contained in one of the world’s richest copper districts.
Amplats workers on strike
Anglo American Platinum says around 100 employees at its Thembelani Mine in
Rustenburg refused to go underground during the morning shift change on
Friday.
RBPlat employees return to work
Royal Bafokeng Platinum says its operations at the Bafokeng Rasimone Platinum Mine's north shaft have normalised, following and earlier illegal strike.
Anglo, Codelco shake hands on Los Bronces
Anglo American and Codelco have agreed to a deal that would see the Chilean copper producer take up a 29.5% stake in Anglo’s flagship Los Bronces mine for $2.9bn.
Zuma threatens to seize mining licences
President Jacob Zuma, speaking in the North West province, said miners ought to provide decent housing to miners or risk losing their mining licences, comments he made in the wake of the Marikana disaster.
Implats cuts capex but seeks higher output
Uncertain times in the platinum industry have forced Impala Platinum to rein in
capital expenditure, but the company says it will not cut back production in the
foreseeable future.
Gold Fields warns of gold output downgrades
Gold Fields said production would be no higher than 3.4 million oz and could fall lower as supply disruptions took hold, but it would not compromise on its position as a high yield gold payer.
Naive to think labour ructions isolated: Holland
Gold Fields CEO, Nick Holland, said labour unrest on the country’s platinum
mines was a national issue and suggested the labour landscape was changing.
Chamber, Amcu to talk as strike spreads
UPDATED: The Chamber of Mines will meet trade union Amcu for the first time
on Wednesday. Meanwhile, some workers at Royal Bafokeng Platinum have
reportedly downed tools.
SA platinum faces “toxic mix’ as it plots union talks
The platinum sector’s relations with labour have been described as a toxic mix
of politics, union complacency and management failure.