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Gem to study underground mining at Letseng

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Gem Diamonds said it would start a full feasibility into underground mining at its Letseng property in Lesotho if the prospects were good.

Mantashe critical of ‘weak, disorganised’ Cosatu

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Gwede Mantashe, secretary-general of Cosatu, said the organisation was on a 'slippery slope' amid claims it had allowed rowdiness to creep into collective bargaining.

Gold Fields distances itself from Ramphele comments

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Gold Fields distanced itself from comments by former chairperson Mamphela Ramphele who said government forced the group to accept certain BEE partners.

Africa exploration losing lustre as corruption rife

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It makes for sober reading: The Fraser Institutes Policy Potential Index finds that exploration in Africa is less appealing than in the past while corruption is rife.

Govt rail-roaded South Deep BEE deal: Ramphele

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Mamphela Ramphele, the former chairperson of Gold Fields, defended the firm's role in the empowerment of its South Deep mine saying it was forced upon it.

Amcu refuses to discuss centralised bargaining

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The Associated Mineworkers & Construction Union (Amcu) refuses to negotiate on a central bargaining forum - a development that could herald a new wave of protest.

Xstrata’s Davis may start mining fund

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Mick Davis may join forces with his CFO at Xstrata in establishing a mining fund buying assets deemed non-core to the diversified mining houses, it was reported.

ZAC BEE fallout played out in parliament

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A fallout regarding the integrity of Rio Tinto's empowerment deal at Zululand Anthracite Colliery reaches parliament and may imperil offer by Forbes Coal.

Pressure on Eskom as mines down shovels

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Workers at Matla and Arnot went on strike placing further pressure on Eskom which has a mere 2% reserve capacity.

Exxaro to face Eskom as Medupi woes mount

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Problems completing Eskom's Medupi power station are beginning to weigh heavily on Exxaro Resources which now faces a force majeure declared by the utility.