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Lonmin wage hikes insubstantial

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Most Lonmin workers will not be that much better off than they were before the six- week strike that started on August 10.

Panel appointed to drive platinum labour debate

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UPDATED: The panel, mandated by the Chamber of Mines, will open discussion on centralised bargaining and socio-economic issues that relate to platinum mining.

Lonmin’s Scott can’t rule out “tough decisions’

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Simon Scott, interim CEO for Lonmin, said there may still be some tough decisions to make regarding the platinum producer’s business despite workers returning to work.

Amplats issues ultimatum to workers

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Anglo American Platinum has issued an ultimatum to striking workers, saying its employees are compelled to report for duty from Thursday evening.

Petmin keen to advance Canadian pig iron play

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Petmin’s Canadian pig iron project is shaping up as the company’s preferred development play for advancement and has set aside some R90m to further the project.

BHP sees no repeat of iron ore imbalance

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BHP Billiton says it doesn’t expect a repeat of the "spectacular imbalance' between steel supply and Chinese demand, according to a Reuters report.

Great Basin buys time as suitors mull Burnstone

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The Canadian firm is hoping to win time to seal the sale of its Burnstone mine for which there are two potential suitors.

Gold Fields strike hangs in balance

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The fate of some 15,000 Gold Fields workers turns on eleventh-hour discussions, with the gold producer ready to serve its third and final ultimatum.

Malema frog-marched as settlement hopes grow

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Julius Malema is frog-marched from Marikana where he hoped to address about 2,000 striking Lonmin workers on a day when the prospect of a wage settlement flickered encouragingly.

Lonmin strike over

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UPDATED: Striking miners at Lonmin’s Marikana platinum mine have accepted a company offer of a 22% overall pay increase.