AMCU serves demands on bad day for golds
The Associated Mineworkers & Construction Union issued gold wage demands on a day in which gold shares endured another tough day on the bourses.
Labour pact just a pre-election palliative?
The labour, union and government pact that AMCU may or may not sign has been dismissed as a short-term, pre-election palliative by its critics.
Wescoal domestic coal plan yields dividend
Wescoal Holdings signalled its confidence in its domestic coal supply strategy paying a maiden dividend and saying it was seeking more acquisitions.
Rand lends limited cover to coal stocks
The rand hasn't provided much of an uplift to coal stocks but there are South African companies that are lifting themselves up by their own shoe-strings.
Brown may nail colours to R4bn CoAL plan
Coal of Africa this week published plans for a R4bn coking coal project, a development that entice a long-term commitment from interim CEO, David Brown.
Venkat bullish on deal with labour, Govt
AngloGold Ashanti CEO, Srinivasan Venkatakrishnan, expressed optimism that South Africa would solve the labour protest and violence at its mines.
ARM, Assore to build smelter in Malaysia
African Rainbow Minerals and Assore are to build a $300m ferromanganese smelter in Malaysia owing to the access to cheap power, the companies said.
Perpetrators will go to jail: Amplats’ Griffith
Chris Griffith, CEO of Anglo American Platinum, said the government had finally taken the right steps that would stem mine violence and send perpetrators to jail.
SA, Russia at cross purposes on PGM cartel
Are South Africa and Russian singing from the same hymn sheet in respect of establishing an Opec-style platinum organisation?
Study shows the pitfalls of miner optimism
A recent study by consultancy PwC confirms we are dealing with a market that shows the benefits, hallmarks, and excesses of miner's optimism.