Grades, tremors add to Blyvoor’s woes
A striking workforce is not the only challenge Village Main Reef faces at its recently
acquired Blyvoor mine.
Holgoun scores R36m in Marikana right sale
Holgun Group sells the right to mine and market "associated metals’ produced from a
section of Lonmin’s Marikana mine, settling a dispute that drew disquiet over SA’s
security of tenure.
Gold miners reject pay offer – report
UPDATED: Striking gold miners have rejected the industry’s latest wage offer,
reports news agency Reuters.
Project slippage a global phenomena: Accenture
Capital project budget and scheduling slippages are extremely common globally, said
Accenture, adding that South Africa’s Eskom was "not alone' in its implementation
challenges.
New wage offer comes with ultimatum
Employers in the gold mining sector have tabled new wage hike proposals, but the
offer is conditional on all striking employees returning to work by Thursday evening.
Two SA gold shares making hay as rand slips
Gold companies lucky enough to have avoided strike action sweeping the sector have
found the weakening in the rand somewhat helpful to operating cash flows.
Gold One likely to delay Hong Kong listing
Gold One International, which on Tuesday dismissed 1,435 striking workers, is likely
to push back its proposed listing on the Hong Kong Stock Exchange.
Kumba strike hits ore supplies to Amsa
Kumba Iron Ore has suspended deliveries to its main domestic customer,
ArcelorMittal SA, due to the ongoing strike at the group’s Sishen mine in the
Northern Cape.
Pan African Resources bucks the trend
Over the last 12 months the gold index has shrunk about 13%, but Pan African
Resources, run by former Harmony Gold manager Jan Nelson, has moved the other
way, gaining about 61%.
Strikes ends at Petmin’s Somkhele mine
Petmin’s Somkhele anthracite mine in KwaZulu-Natal is back in production after the
group’s mining contractor agreed to a restructuring of wage packages.