Safety task team seeks Section 54 arbiter
Former Chief Inspector of Mines, May Hermanus, has been touted as an
independent arbiter in disputes over the application of Section 54s.
Lonmin faces tough choices
Platinum producer Lonmin’s long walk back to respectability is being seriously
threatened by the sector’s mounting woes.
Platinum Kruger Rand “may help stop the rot’
Platfields CEO Bongani Mbindwane says the introduction of a platinum coin may
create a new long-term source of demand for the beleaguered sector.
Silicosis case comprises 1,500 claimants
The number of silicosis sufferers who want to sue Anglo American in London
now totals more than 1,500 according to Richard Meeran, the lawyer who is
driving the case.
Kumba slides on earnings update
Shares in Kumba Iron Ore are under pressure following the release of a disappointing trading update from the Anglo American subsidiary.
Red tape done in Anglo’s De Beers buyout
Anglo American says its $5.1bn buyout of the Oppenheimer family’s 40% stake
in De Beers has received all the necessary regulatory approvals.
Xstrata asks for vote delay on Glencore deal
Global miner Xstrata has asked to postpone the July 12 special shareholder
meeting on its proposed merger with commodities trader Glencore.
Central Rand Gold looks to a second coming
Central Rand Gold may well become a modern-day Lazarus after being left for
dead by the markets barely nine months ago.
Gold Fields on track to achieve guidance
Gold Fields is on track to achieve its ouput guidance for 2012, after producing 862,000 oz of gold during the second quarter.
Aquarius pleads with peers over cutbacks
Aquarius Platinum says it hopes other industry players follow its example and
cut unneeded production.