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Mwana to pump $26.5m into Bindura restart

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UK-listed Zimbabwean mining firm Mwana Africa is to spend $26.5m restarting its Bindura Nickel facility of which half would be debt-financed.

Platinum stirs, but analysts fear false dawn

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Platinum improved $30/oz, but analysts said there was not enough evidence the strike had depleted above ground stocks to signal a shift in the metal's fortunes.

Housing subsidy key to ending strike: Govt.

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South African mines minister, Ngoako Ramatlhodi, said wage talks had progressed with the sides sticking on two basic points of which one was housing subsidies.

Kalagadi’s Mashile-Nkosi lays into IDC

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Kalagadi Manganese chairperson, Daphne Mashile-Nkosi, has accused the IDC of behaving "like a loan shark" after R1bn in loan debt almost doubled after interest.

Platinum strike goes on as Govt talks fail

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The Inter-Governmental Task Team has been dissolved without finding a way to end a 20-week strike over wages in South Africa's platinum industry.

Eskom’s Tstotsi fears New Largo may be late

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Eskom chairman Zola Tsotsi said there was a risk Anglo American's New Largo coal mine might not be ready in time to supply the 4,800MW Kusile power station.

Gulf in SA productivity rules out wage hikes

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Data shows that South African mining is hugely unproductive compared to Australia and demonstrates why AMCU's wage demands are unaffordable.

Eskom suits sacrifice pay amid R225m crunch

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Eskom's senior executives are to sacrifice their annual bonuses, but interim boss Collin Matjila warns that the electricity tariff has to be revisited.

Froneman vows to take ‘harder line’ on strikes

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Neal Froneman, CEO of Sibanye Gold, said the SA gold sector was aligned on rejecting 'unrealistic' wage demands and that it would take a harder line than the platinum industry.

Platfields in reverse listing negotiations

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Platfields, the suspended platinum junior, may be the target of a reverse listing which will result in a change in management.